How big is the Satellite Ground Equipment Market?

The Satellite Ground Equipment Market size is expected to reach USD 52.41 billion in 2024 and grow at a CAGR of 12.12% to reach USD 86.48 billion by 2029. Read More

What is the current Satellite Ground Equipment Market size?

In 2024, the Satellite Ground Equipment Market size is expected to reach USD 52.41 billion. Read More

Who are the key players in Satellite Ground Equipment Market?

Thales Group, Inmarsat global limited, Iridium Communications Inc., Gilat Satellite Networks Ltd and Orbcomm Inc. are the major companies operating in the Satellite Ground Equipment Market. Read More

Which is the fastest growing region in Satellite Ground Equipment Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Satellite Ground Equipment Market?

In 2024, the North America accounts for the largest market share in Satellite Ground Equipment Market. Read More

What years does this Satellite Ground Equipment Market cover, and what was the market size in 2023?

In 2023, the Satellite Ground Equipment Market size was estimated at USD 46.06 billion. The report covers the Satellite Ground Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Satellite Ground Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Satellite Ground Equipment Market Size & Share Analysis - Industry Research Report

Satellite Ground Equipment Market Size and Share Analysis - Growth Trends and Forecasts (2024 - 2029)

The Satellite Ground Equipment Market Report is Segmented by Type (ground Equipment and Service), End-User Vertical (maritime, Defense and Government, Enterprises, Media and Entertainment, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Market Sizes and Forecasts of all the Above Segments Have Been Provided in Terms of Their Values (USD Million).

Satellite Ground Equipment Industry Overview

The satellite ground equipment market is semi-consolidated owing to the presence of major players like Thales Group, Inmarsat Global Limited, Iridium Communications Inc., Gilat Satellite Networks Ltd, and Orbcomm Inc., as well as the growing entry of new players. Vendors in the market are adopting strategies such as innovations, partnerships, mergers, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage.

In May 2023, Low Earth Orbit satellite firm OneWeb is set to establish a ground station on the island of St. Helena and take ability on the island’s trunk of the Equiano subsea cable. OneWeb has inscribed a 10-year ground station agreement with regional telco Sure. OneWeb is set to construct a ground station at Horse Point, with Sure set to manage the facility. The ground station will then be connected via fiber to the island’s cable dock station at Rupert’s Beach.
In March 2023, India-based full-stack space-engineering solutions company Dhruva Space and France-based satellite operator and global connectivity provider Kineis have inked a Memorandum of Agreement (MoA), marking a collaboration where both organizations will collaborate to launch space and ground infrastructure to scale the variety and impact of satellite-based solutions. With nine satellites in orbit, Kineis’ operational services provide global worldwide coverage.