Press release
Satellite Ground Station Market to Reach USD 129.19 Bn by 2029, emerging at a CAGR of 12.8 percent and forecast 2023-2029
Satellite Ground Station Market Report Scope and Research Methodology:The research methodology employed in this report involves comprehensive analysis, including data collection, market trends assessment, and projections. The study utilizes both qualitative and quantitative approaches to provide a holistic understanding of the Satellite Ground Station market.
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What are Satellite Ground Station Market Dynamics:
The satellite ground station market is undergoing a significant transformation due to a rapid surge in satellite launches. With more than 7,000 operational satellites and a remarkable 45% increase in 2022 alone, there's a massive demand for top-notch ground station infrastructure. This upsurge is driven by reduced costs in building and launching satellites attracting a wide range of investors and driving a substantial rise in satellite deployments. The escalating demand for mobile communications and Earth observation services is putting ground stations at the forefront, playing a crucial role in seamless satellite communication for the satellite ground station market. The increasing need for high-speed data transfer demands, especially for high-resolution imaging and real-time communication, are pushing for more advanced ground stations.
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Satellite Ground Station Market Regional Insights:
North America: Led the global market with a 41% market share in 2022, expected to grow at a CAGR of 13.1%. The U.S. emerges as a lucrative region with extensive ground station networks.
Canada: Steady growth attributed to remote areas and the need for satellite-based communication.
Mexico: Experiencing growth due to increased demand for satellite-based communications.
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What is Satellite Ground Station Market Segmentation:
by Platform
Fixed
Portable
Mobile
by Function
Communication
Earth Observation
Space Research
Navigation
by End User
Defense
Government
Commercial
Who are Satellite Ground Station Market Key Players:
1. AIRBUS
2. Cobham SATCOM
3. ESS Weathertech
4. General Dynamics Mission SystemsInc
5. Kongsberg Defense & Aerospace
6. Kratos Defense & Security Solutions, Inc
7. Lockheed Martin Corporation
8. Maxar Technologies
9. Mitsubishi Electric Corporation
10. Orbit Communications Systems Ltd.
11. Safran
12. SES S.A.
13. Intelsat
14. Eutelsat Communications
15. Viasat Inc.
16. Inmarsat
17. Telesat Canada
18. Thales Alenia Space
19. Gilat Satellite Networks
20. SSL (Space Systems/Loral)
21. Iridium Communications Inc.
22. COMSAT
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Table of content for the Satellite Ground Station Market includes:
Global Satellite Ground Station Market: Research Methodology
Global Satellite Ground Station Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Satellite Ground Station Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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