China Satellite Communication Market Share

Market Share of China Satellite Communication Industry

The Chinese satellite communication market is moderately fragmented, with the presence of players like China Satellite Communications Co. Ltd, China Aerospace Science and Technology Corporation, and Antesky Science Technology Inc. The market players are involved in several strategic developments to boost their market presence. For instance,

• In September 2022, the Long March 7A was introduced with a military communications satellite, potentially signaling the beginning of a transformation of launches for the country's armed forces from aging booster designs with risky propellants to newer rockets with more ecologically friendly fuels.
• In March 2022, six broadband communication satellites were launched by GalaxySpace from the Xichang Satellite Launch Centre, demonstrating the networking and service capabilities of the internet constellation.

China Satellite Communication Market Leaders

1. China Satellite Communications Co., Ltd

2. China Aerospace Science and Technology Corporation

3. China Telecom Satellite Communications Co., Ltd.

4. Antesky Science Technology Inc.

5. AKD Communication Technology Co.,Ltd

*Disclaimer: Major Players sorted in no particular order