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Mobile ground station's popularity is growing among the end-users in the absence of conventional ground stations due to its low upfront costs and ability to provide easy access to the satellite signal. As the mobile ground station is easily transportable, data obtained from satellites from remote locations can be monitored, communicated, and processed. It is also possible to use this type of terrestrial stations to send and receive signals from non-terrestrial sources such as aircraft, satellites, and other astronomical sources. While mobile ground stations are currently only used for domestic purposes, their use is expected to increase rapidly in the coming years for regional and international purposes. The introduction of mobile ground stations would raise the demand for network equipment such as antenna junction box, antenna system, terminal unit, navigation equipment, and converters and thus, drive the growth of the market for satellite ground station equipment.
Satellite Ground Station Equipment Market Size
Satellite Ground Station Equipment Market Analysis
Satellite Ground Station Equipment Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 4.1% between 2022 and 2027.
The key trends guiding the market growth include the low upfront costs of satellite station equipment and the ability of satellite station equipment to provide easy accessibility to the satellite signal.
The satellite ground station equipment market is being aided by the low upfront costs and ability to provide easy access to the satellite signal.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Satellite navigation, NOC equipment, VSAT equipment, antennas, power units, gateways, test and monitoring equipment are the leading products in the market.
Military and civilian are the leading applications in the market.
The major players in the market are EchoStar Corporation (NASDAQ: SATS), Gilat Satellite Networks Ltd. (NASDAQ: GILT), Viasat, Inc. (NASDAQ: VSAT), ST Engineering iDirect, Inc., and NovelSat, among others.
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