Press release
Satellite Ground Station Market to Witness Comprehensive Growth by 2032 |Viasat, Inmarsat global limited
Download Sample Pages - https://www.alliedmarketresearch.com/request-sample/108087
Satellite Ground Stations (SGS) are widely used for collecting and streaming remote sensing satellite data to an array of users and applications. Popular satellite ground station systems that have been installed nationally and internationally are Oberon, Capella, and Telesto.
Prime determinants of growth
Factors such as rise in demand for military and defense satellite ground station solutions, increase in adoption of satellite ground station equipment in online streaming services, radio, and TV broadcast, increase in Internet of Things (IoT) and autonomous systems boost the growth of the satellite ground station market. However, cybersecurity threats to satellite ground station and interference in satellite data transmission are anticipated to hinder market growth. On the other hand, technological advancements in satellite missions and deployment of 5G network through satellites provide a remarkable growth opportunity for the market players operating in the market.
The fixed segment to maintain its leadership status throughout the forecast period
Based on platform, the fixed segment held the highest market share in 2022, accounting for nearly three-fifths of the global satellite ground station market revenue and is estimated to maintain its leadership status throughout the forecast period owning to the modernization and expansion of military communication systems. However, the mobile segment is projected to manifest the highest CAGR of 13.7% from 2023 to 2032, as it provides reliable and secure communication for command & control, intelligence gathering, and tactical operations.
Interested to Procure the Research Report? Inquire Before Buying -https://www.alliedmarketresearch.com/purchase-enquiry/108087
The communication segment to maintain its leadership status throughout the forecast period
Based on function, the communication segment held the highest market share in 2022, accounting for nearly half of the global satellite ground station market revenue, and is estimated to maintain its leadership status throughout the forecast period, owning to the surge in need for high-speed internet access, especially in underserved or remote areas. However, the navigation segment is projected to manifest the highest CAGR of 13.8% from 2023 to 2032, as navigation ground stations play a critical role in providing reliable positioning data, driving the need for more ground station infrastructure.
The LEO segment to maintain its lead position during the forecast period
Based on orbit, the LEO segment accounted for the largest share in 2022, contributing to nearly three-fourths of the global satellite ground station market revenue, and is estimated to maintain its leadership status throughout the forecast period, as the surge in LEO satellites has resulted from a combination of technological advancements in higher resolution small cameras and greater attitude control along with superior demand for Earth observation, internet connectivity, and voice communications. However, the GEO segment is projected to manifest the highest CAGR of 13.6% from 2023 to 2032, as the GEO satellite ground station is used by government and commercial organizations for communication and advanced military systems.
North America to maintain its dominance by 2032
Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly half of the global satellite ground station market revenue, and is estimated to maintain its leadership status throughout the forecast period, owning to the rise in demand for satellite ground station system by the U.S. defense department. However, the Asia-Pacific segment is projected to manifest the highest CAGR of 12.9% from 2023 to 2032, owing to an increase in demand for high-speed network connectivity throughout Asia-Pacific.
Buy Now & Get Exclusive Discount on this Report https://www.alliedmarketresearch.com/satellite-ground-station-market/purchase-options
Leading Market Players: -
Viasat, Inc.
SES S.A.
Intelsat
Gilat satellite networks
Inmarsat global limited
Kratos defense and security solutions, Inc.
Echostar corporation
ST engineering
Comtech technologies Inc.
Satcom technologies
Know More https://www.einpresswire.com/article/781745700/satellite-ground-station-market-is-expected-to-see-growth-rate-of-11-9-during-forecast-period-allied-market-research
Similar Reports We Have on Aerospace and Defense Industry:
Aircraft Lighting Market https://www.alliedmarketresearch.com/aircraft-lighting-market-A06273
Zero-Emission Aircraft Market https://www.alliedmarketresearch.com/zero-emission-aircraft-market-A11848
Aircraft Sensors Market https://www.alliedmarketresearch.com/aircraft-sensors-market-A06225
Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Satellite Ground Station Market to Witness Comprehensive Growth by 2032 |Viasat, Inmarsat global limited here
News-ID: 4038135 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Satellite
Military Satellite Market Size, Military Satellite Market Forecast, Military Sat …
According to The Insight Partners, "Military Satellite Market" report 2028, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Military Satellite Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Military Satellite Market is based on company profiles and their efforts on increasing product value…
Satellite Transponders Market to Witness Huge Growth by 2026| APT Satellite Comp …
Latest released the research study on Global Satellite Transponders Market, offers a detailed overview of the factors influencing the global business scope. Satellite Transponders Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Satellite Transponders.
The study covers emerging player's data, including: competitive…
Satellite Transponders Leasing Market Is Booming Worldwide | SingTel Optus, MEAS …
HTF MI recently introduced Global Satellite Transponders Leasing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Intelsat, SES, Eutelsat, SingTel Optus, MEASAT satellite systems, Asia Broadcast…
Satellite Transponders Leasing Market 2019: Comprehensive Study by Key Players I …
The growing demand for C band and Ku band transponder by the commercial sector across the globe to spur the satellite transponders leasing market in the coming years. Along with the digitization of the broadcasting industry and emergence of enhanced TV media, such as HD and UHD TV the number of subscribers for advanced media broadcasting have increased. Also, the rising demand for OTT and demand based supply of channels…
Satellite Market by Type (Large Satellite, Mini Satellite, Micro Satellite, and …
The global satellite market is driven by increase in demand for direct to home (DTH) television, high definition TV conversion, and intercontinental transmission in developed economies. In addition, continuous growth of video diffusion and internet access, increase in demand for digital TV and growth in communication and broadcasting market fuels the market growth. However, technology risk, spectrum access risk, and increase in competition from fiber optical cable limit the market…
Satellite Market by Type (Large Satellite, Mini Satellite, Micro Satellite, and …
The global satellite market is segmented on the basis of type, end user, and application. Type segment covered in this study include large satellite, mini satellite, micro satellite, and nano satellite. Based on end user, the market is categorized into commercial, civil, government, and others. On the basis of application, the market is divided into scientific research, technology demonstration and verification, earth observation and remote sensing, scientific research, communication, and…
