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Satellite Ground Station (SGS) Market Size

Report ID: GMI5834
Published Date: May 2023
Report Format: PDF

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Satellite Ground Station Market Size

Satellite Ground Station Market size exceeded USD 25 billion in 2022 and is anticipated to register at a 5% CAGR between 2023 and 2032. The increasing demand for satellite communication from various sectors, such as government, military, media, and telecommunications, is driving the market growth. The market expansion is also fueled by the growing demand for high-speed internet services as well as satellite-based broadband services.

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SGS are built for collecting and streaming remote sensing satellite data to a variety of users and applications. This could include regional research institutes like CSIRO or national weather bureaus like the Bureau of Meteorology. These facilities gather weather information as well as other data to offer to customers and the public. The following elements are typically found in satellite ground stations: a reception antenna, a feed horn, a waveguide, and a receiver. Most of them are pedestal mounted.

Satellite Ground Station Market Report Attributes
Report Attribute	Details
Base Year:	2022
Satellite Ground Station Market Size in 2022:	USD 25 Billion
Forecast Period:	2022 to 2032
Forecast Period 2022 to 2032 CAGR:	5%
2032 Value Projection:	USD 55 Billion
Historical Data for:	2018 to 2021
No. of Pages:	290
Tables, Charts & Figures:	324
Segments covered:	Platform, Orbit, Application, End-Use & Region
Growth Drivers:	Increased penetration of satellite-based broadcasting services Continuous technological advancements in satellite ground stations Rising satellite service demand for remote sensing application Favorable government initiatives to support space research agencies Proliferation of earth observation imagery and analytics solutions
Pitfalls & Challenges:	Lack of regulations and government policies Constant bandwidth issues

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The high initial investment will be a major challenge for the satellite ground station market. A satellite communication network requires significant initial investments to design, deploy, and launch. The complexities involved in ground station installation, such as pointing an antenna, aligning its polarization, and setting the transmitter, incur high upfront costs. The correct orientation of the VSAT dish is critical for establishing proper communication channels. As a result, configuring each ground station and installing them to meet the requirements are time-consuming and complicated.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Satellite ground station industry reached USD 25 billion in 2022 and will record over 5% CAGR from 2023-2032 due to surging deployment in various sectors, such as government, military, media, and telecommunications.

Satellite ground station market share from the fixed platform segment showcased 5% CAGR in 2022 driven by rising adoption as they are deployed with specialized machinery and large-scale technology to communicate at high data rates.

SGS industry size from communication applications recorded more than USD 5 billion in 2022 on account of the rising need for advanced miniaturized onboard computing systems for communication hardware.

Europe SGS market size is estimated to record 10% CAGR from 2022-2032 owing to rising adoption of AI to ground station services for tracking satellites.