Global satellite ground station equipment market to surpass $11 billion by 2020

Renewable energy

 

Satellite ground station equipment: key market research findings

  • Increased demand for HTS
  • Government initiatives for effective communication services
  • Key players include Harris CapRock, Hughes Network Systems, ViaSat, and VT iDirect

Technavio’s market research analysts predict the global satellite ground station equipment market to grow at a CAGR of more than 7% between 2016 and 2020. At present the market is witnessing increased usage of high throughput satellite (HTS) systems. HTS is a technological system that optimizes the use of the available spectrum to deliver high-speed internet access and a wide range of value added services (VAS) such as VoIP, video conferencing, distance learning, and digital signage. It uses several small spot beams which help the satellite to establish links to small apertures in Earth stations at high data rates. The HTS Ku-band and HTS Ka-band have greater capacity than conventional Ku- and C-band satellites and are best suited to applications like high-speed internet. The US dominated the global satellite ground station equipment market and accounted for more than 52% of the market share in 2015. Much of the region’s growth can be attributed to the significant number of EO satellites to be launched during the predicted period.

The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.

“Several governments across the globe are taking initiatives to increase the overall penetration of the internet and voice-based services. They are mandating cellular operators to incorporate the universal service obligation, which enables them to take advantage of the low cost and faster rollout of very small aperture terminal (VSAT) services, thereby empowering rural customers to use VSAT communications. This has propelled the launch of several e-governance projects such as internet access to primary schools and educational institutes in rural areas, community centers, and rural businesses using VSAT technology,” says Rakesh Panda, Lead Analyst, ICT, Technavio Research

The network operations centers (NOCs) segment dominated the market in 2015 and is anticipated to grow at a CAGR of more than 5% by 2020. The NOC is the primary location for designing, monitoring, and managing satellite networks. They are also indispensable in analyzing the performance of teleports, consumer services, and satellite networks throughout the period with the support of network management (NMS), operations support (OSS), and business support (BSS) systems, which will contribute to this segment’s growth until the end of 2020.

The global satellite ground station equipment market is highly competitive due to the presence of numerous well-established players. The vendors compete on the basis of technological advancements, lightweight platforms, reliability, and market share. It is essential for the satellite ground station equipment providers to work closely with satellite operators to provide the necessary spacecraft hardware suitable for a broad range of services.  

A more detailed analysis is available in the Technavio report, Global Satellite Ground Station Equipment Market 2016-2020.

We can customize reports by other regions and specific segments upon request.

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