Satellite Ground Equipment Market Size (2024 - 2029)

The Satellite Ground Equipment Market is experiencing significant growth driven by advancements in radio communication solutions and the increasing demand for mobile radio communications and public safety applications. The introduction of low earth orbit satellite systems and high throughput satellites is creating lucrative opportunities, while the demand for sophisticated SATCOM-on-the-move antennas for autonomous and connected vehicles is further propelling the market. Despite the high costs associated with satellite ground equipment services, the expansion of GNSS markets and mobile satellite services is expected to be a fundamental growth point. The market's expansion is also supported by the increasing adoption of ground station equipment due to the rise in high throughput satellite launches.

Market Size of Satellite Ground Equipment Industry

Satellite Ground Equipment Market Summary
Study Period 2019-2029
Market Size (2024) USD 52.41 Billion
Market Size (2029) USD 86.48 Billion
CAGR (2024 - 2029) 12.12 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Satellite Ground Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

Satellite Ground Equipment Market Analysis

The Satellite Ground Equipment Market size is estimated at USD 52.41 billion in 2024, and is expected to reach USD 86.48 billion by 2029, growing at a CAGR of 12.12% during the forecast period (2024-2029).

  • The satellite ground equipment industry has grown dramatically due to advancements in radio communication solutions, such as NOC equipment, the increasing demand for mobile radio communications, and the significant deployment of public safety applications. Furthermore, the profitable introduction of low earth orbit (LEO) satellite systems, high throughput satellites (HTS), and Ku- and Ka-band satellites are adding to the lucrative growth opportunities in the market. Simultaneously, the humongous demand for autonomous and connected vehicles used for various applications in the sectors, including commercial government and defense, require sophisticated customized SATCOM-on-the-move antennas for highly trusted operation, driving the Satellite Ground Equipment Market.
  • The Satellite Industry Association (SIA) reported that the ground equipment revenues have significantly increased, with the extension in the GNSS markets and network equipment, flat or somewhat declining customer equipment investments and resources, manifesting that mobile satellite services will become a fundamental growth point of the overall market studied. Passengers using a smartphone or laptop in the air can benefit from in-flight connectivity to access the internet or video streaming services. Ship personnel may benefit from crew connectivity with the latest maritime information, such as chart updates, engine monitoring, and weather routing broadcast. The backpack terminals must be quickly and reliably deployed to support connectivity in harsh and emergent conditions.
  • A High Throughput Satellite (HTS) is a satellite that provides high throughput compared with a fixed satellite system for the same amount of allocated frequency on orbit. HTS reuses the frequency and multiple spot beams to improve throughput and reduce the cost per bit delivered. HTS is primarily deployed to provide broadband Internet access service to unserved regions. Most HTS satellites are designed mainly for the enterprise, telecom, or maritime sectors. Space and satellite system providers are launching HTS satellites for high-speed communication services. The increasing HTS launches increase the adoption of ground station equipment , thereby driving the market.
  • Satellite broadcasting is the distribution of multimedia content or broadcast signals over or through a satellite network. The broadcast signals usually originate from a station such as a TV or radio station. Then they are sent via a satellite uplink (uploaded) to a geostationary artificial satellite for redistribution or retransmission to other predetermined geographic locations through an open or secure channel. Direct broadcasting or satellite television has become an effective form of distribution for television content. The broad and controllable coverage areas and much larger bandwidths enable more channels to be broadcast, making satellite television very attractive.​
  • Furthermore, there is a diversity of satellite dish heaters and satellite antenna de-icing systems on the market in the present scenario, providing enough opportunities for everything from 18” residential satellite television and satellite Internet dish antennas to larger commercial and enterprise VSAT uses. Collecting snow and/or ice on a satellite television or satellite Internet dish can cause signal loss. The satellite de-icing system is one way to stop snow and ice from accumulating on satellite dishes.
  • On the contrary, the multi-band terminals used by the Navy, which come with Advanced-EHF satellites, are quite expensive. Furthermore, the cost of purchasing and installing the terminals can be anywhere from 20 to 30 times that of the rockets and spacecraft. The fact that satellite and terminal development initiatives are carried out separately has long been a source of waste and cost overruns. For example, the Air Force may oversee spacecraft while the Army may oversee radios. Rarely do earth-bound communication equipment and satellites reach the conclusion of their development cycles at the same time. The high cost of satellite ground equipment services is limiting the market's expansion.

Satellite Ground Equipment Industry Segmentation

Satellite ground equipment refers to the infrastructure and devices necessary for the reception, processing, and transmission of signals to and from satellites. These ground stations are pivotal for satellite-based communication, broadcasting, navigation, and earth observation purposes.

The Satellite Ground Equipment Market is segmented by Type (Ground Equipment, Service), End-User Vertical (Maritime, Defense and Government, Enterprises, Media and Entertainment, and Other End-Users), Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The market size and forecasts are provided in terms of value in USD for all the above segments. 

By Type
Ground Equipment
Service
By End-user Vertical
Maritime
Defense and Government
Enterprises
Media and Entertainment
Other End-user Verticals
By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Satellite Ground Equipment Market Size Summary

The satellite ground equipment market is experiencing significant growth, driven by advancements in radio communication solutions and the increasing demand for mobile radio communications. The deployment of low earth orbit (LEO) satellite systems, high throughput satellites (HTS), and Ku- and Ka-band satellites is creating lucrative opportunities in the market. The demand for sophisticated SATCOM-on-the-move antennas, particularly for autonomous and connected vehicles in commercial, government, and defense sectors, is further propelling market expansion. The market is also benefiting from the growing need for satellite-based imaging applications, which are being tailored to meet diverse needs across various sectors, including navigation, mapping, and geo-marketing. However, high costs associated with satellite ground equipment services and the separate development cycles of satellite and terminal systems pose challenges to market growth.

North America is a leading region in the satellite ground equipment market, supported by government initiatives and significant defense spending. The region's extensive coastal areas and increasing commercial activities necessitate advanced maritime safety and surveillance systems. The market is characterized by a semi-consolidated structure, with major players like Thales Group, Inmarsat Global Limited, and Iridium Communications Inc. actively participating. These companies are leveraging strategies such as partnerships and technological innovations to enhance their offerings. The market's growth is further supported by collaborations and agreements, such as those between OneWeb and regional telcos, and between Dhruva Space and Kineis, which aim to expand satellite-based solutions and infrastructure.

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Satellite Ground Equipment Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Buyers

      2. 1.2.2 Bargaining Power of Suppliers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitutes

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Assessment of the Impact of Macroeconomic Factors on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Ground Equipment

      2. 2.1.2 Service

    2. 2.2 By End-user Vertical

      1. 2.2.1 Maritime

      2. 2.2.2 Defense and Government

      3. 2.2.3 Enterprises

      4. 2.2.4 Media and Entertainment

      5. 2.2.5 Other End-user Verticals

    3. 2.3 By Geography

      1. 2.3.1 North America

      2. 2.3.2 Europe

      3. 2.3.3 Asia-Pacific

      4. 2.3.4 Latin America

      5. 2.3.5 Middle East and Africa

Satellite Ground Equipment Market Size FAQs

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.

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

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