Global Satellite Ground Equipment Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 3.8% from 2024 to 2030.
The Satellite Ground Equipment Market is experiencing significant growth, driven by advancements in communication technologies and the increasing demand for satellite services across various sectors. As of 2024, the market is valued at approximately USD 52.41 billion and is projected to reach USD 86.48 billion by 2029, reflecting a compound annual growth rate (CAGR) of 12.12% during this period. This growth is attributed to the rising adoption of High Throughput Satellite (HTS) communication systems and the emergence of mobile ground stations, which offer higher data transfer rates and improved spectral efficiency. citeturn0search6
Key players in the market include Thales Group, Inmarsat Global Limited, Iridium Communications Inc., Gilat Satellite Networks Ltd, and Orbcomm Inc. These companies are at the forefront of developing and deploying innovative satellite ground equipment solutions to meet the evolving needs of the industry. citeturn0search0
North America holds a significant share of the market, with sales revenue estimated to reach USD 49,313.9 million by 2031. This dominance is primarily due to the growing commercial space activities and the increasing demand for satellite communication services in the region. citeturn0search4
In Europe, the market is also expanding, driven by the increasing demand for satellite communication services and the growing number of satellite launches. The region is expected to witness substantial growth in the coming years, contributing to the overall expansion of the global market. citeturn0search6
Asia-Pacific is anticipated to experience the highest growth rate during the forecast period, with a projected CAGR of 19.6% from 2022 to 2027, reaching USD 54.8 billion by 2027. This growth is fueled by the rapid expansion of space programs in countries like China and India, which are investing heavily in satellite infrastructure and services. citeturn0search1
Technological advancements are a key driver of market growth. The integration of automation, machine learning (ML), and artificial intelligence (AI) into satellite ground equipment is enhancing operational efficiency and enabling real-time detection of anomalies, predictive maintenance, and more efficient use of resources. These innovations are transforming the satellite ground segment market, making it more efficient and cost-effective. citeturn0search5
Get an In-Depth Research Analysis of the Global Satellite Ground Equipment Market Size And Forecast [2025-2032]
Gilat Satellite Networks
Advantech Wireless Technologies
GomSpace Group AB
Norsat International
NovelSat
ST Engineering
Terrasat Communications
Chinasatcom
Haige Communications Group
Cropro
Hwa Create
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Satellite Ground Equipment Market
Government and Military
Commercial
Other End-Users
Based on Types the Market is categorized into Below types that held the largest Satellite Ground Equipment market share In 2023.
Internet Equipment
Consumer Equipment
GNSS Equipment
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Satellite Ground Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Satellite Ground Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Satellite Ground Equipment Market, By Type
6. Global Satellite Ground Equipment Market, By Application
7. Global Satellite Ground Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Satellite Ground Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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