Satellite Earth Station Trends and Forecast
The future of the global satellite earth station market looks promising with opportunities in the civil, military, broadcast, navigation, and research markets. The global satellite earth station market is expected to grow with a CAGR of 14.3% from 2024 to 2030. The major drivers for this market are increasing demand for high-speed internet & broadband connectivity, growth in satellite-based communication & broadcasting services, and expansion of IoT & M2M communication networks.
• Lucintel forecasts that fixed station is expected to witness the highest growth over the forecast period.
• Within this market, civil is expected to witness the highest growth.
• Europe is expected to witness highest growth over the forecast period.
United States: SpaceX announced plans to expand its satellite earth station network to support StarlinkÄX%$%Xs global broadband service, targeting coverage for remote and underserved regions by 2023.
China: China Telecom unveiled a government-backed initiative to upgrade satellite earth stations nationwide, aiming for enhanced communication capabilities and expanded coverage across rural areas by 2025.
India: Bharat Sanchar Nigam Limited (BSNL) partnered with ISRO to establish new satellite earth stations, targeting improved connectivity and data transmission for remote regions and disaster management applications by 2024.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Satellite Earth Station by Segment
The study includes a forecast for the global satellite earth station by type, application, and region.
Satellite Earth Station Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Fixed Station
• Mobile Station
• Detachable Station
• Portable Station
Satellite Earth Station Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Civil
• Military
• Broadcast
• Navigation
• Research
• Others
Satellite Earth Station Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Satellite Earth Station Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies satellite earth station companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the satellite earth station companies profiled in this report include-
• Goonhilly
• Mitsubishi Electric Corporation
• Sintelsat
• Comsearch
• Quintech Electronics＆Communication
• STS Global
• Gilat Satellite Networks
• Viasat
• Hughes Communications
• Comtech Telecommunications
Recent Development in the Satellite Earth Station Market
SpaceX: Expanded its satellite earth station network to support global broadband service via Starlink, focusing on providing connectivity to remote areas by 2023.
China Telecom: Launched a government-backed initiative to upgrade satellite earth stations across China, aiming for improved communication capabilities and rural coverage by 2025.
Bharat Sanchar Nigam Limited (BSNL): Partnered with ISRO to establish new satellite earth stations, enhancing connectivity and data transmission for remote regions and disaster management purposes by 2024.
Eutelsat Communications: Introduced a new generation of satellite earth stations with advanced features, targeting improved data throughput and reliability for global communication networks.
Telesat: Announced plans to deploy high-capacity satellite earth stations to support low Earth orbit (LEO) satellite constellations, aiming to enhance broadband connectivity and communication services globally.
Features of the Global Satellite Earth Station Market
Market Size Estimates: Satellite earth station market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Satellite earth station market size by type, application, and region in terms of value ($B).
Regional Analysis: Satellite earth station market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the satellite earth station market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the satellite earth station market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for satellite earth station market?
Answer: The global satellite earth station market is expected to grow with a CAGR of 14.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the satellite earth station market?
Answer: The major drivers for this market are increasing demand for high-speed internet & broadband connectivity, growth in satellite-based communication & broadcasting services, and expansion of IoT & M2M communication networks.
Q3. What are the major segments for satellite earth station market?
Answer: The future of the satellite earth station market looks promising with opportunities in the civil, military, broadcast, navigation, and research markets.
Q4. Who are the key satellite earth station market companies?
Answer: Some of the key satellite earth station companies are as follows:
• Goonhilly
• Mitsubishi Electric Corporation
• Sintelsat
• Comsearch
• Quintech Electronics＆Communication
• STS Global
• Gilat Satellite Networks
• Viasat
• Hughes Communications
• Comtech Telecommunications
Q5. Which satellite earth station market segment will be the largest in future?
Answer: Lucintel forecasts that fixed station is expected to witness the highest growth over the forecast period.
Q6. In satellite earth station market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the satellite earth station market by type (fixed station, mobile station, detachable station, and portable station), application (civil, military, broadcast, navigation, research, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Satellite Earth Station Market, Satellite Earth Station Market Size, Satellite Earth Station Market Growth, Satellite Earth Station Market Analysis, Satellite Earth Station Market Report, Satellite Earth Station Market Share, Satellite Earth Station Market Trends, Satellite Earth Station Market Forecast, Satellite Earth Station Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.