Satellite Ground Station Equipments Industry Satellite Ground Station Equipments Industry | Page 2
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The satellite ground station equipment plays vital role in sending and receiving radio frequency signals or radio
waves, and transfer it to the base receivers that are in the close proximity. Growing preference for medium
earth orbit (MEO) satellite and low earth orbit (LEO) satellites over the geostationary satellite is expected to
boost market growth of satellite ground station equipment over the next five years.
The market is broadly categorized into six major segments based on the network equipment type such as
network operations centers (NOCs), test and monitoring equipment, power units, antennas, very small aperture
terminals (VSATs) and gateways. The network operations centers (NOCs) is considered as one of the fastest
growing segment in the with substantial revenue generation in the last few years. Growing popularity of the
network operations centers (NOCs) segment is attributed to the increasing adoption to design, monitor and
manage satellite networks.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation of latest technologies in
telecommunication sector, rapid advancement in aerospace sector, rise in the number of research &
development activities, and existence of well-established manufacturing infrastructure in the region.
Asia-Pacific region is predicted to hold major market share in the satellite ground station equipment market
with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific
market with strong economic growth, favorable government policies, shifting focus towards miniaturized
satellites, and significant investment by leading industry players considering potential growth opportunities in
the region.
The key players in the satellite ground station equipment market are Gilat Satellite Networks, Inc., Harris
CapRock Co., Hughes Network Systems, Inc., Viasat, Inc., VT iDirect, Inc., Newtec, Inc., and Norsat International,
Inc.
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