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Satellite Ground Station Equipment Global Strategic Industry Report 2024: Market to Surpass $125 Billion by 2030, Increase in Space Exploration Missions Drive New Satellite Launches and Op...

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: Yahoo! Finance
Global Satellite Ground Station Equipment Market to Reach $125.4 Billion by 2030 The global market for Satellite Ground Station Equipment estimated at US$55.9 Billion in the year 2022, is projected to reach a revised size of US$125.4 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030. During the pandemic, satellite connectivity emerged as a vital resource, highlighting the importance of satellite ground station equipment. In the competitive scenario, companies employ organic and inorganic strategies to maintain their position in the market, with 93 players worldwide actively participating. Innovations and advancements by select companies drive the evolution of satellite communication infrastructure, with ground equipment playing a pivotal role. NOC Equipment, one of the segments analyzed in the report, is projected to record a 11.9% CAGR and reach US$63.2 Billion by the end of the analysis period. Growth in the Vsat Equipment segment is estimated at Show less Read more
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