Dublin, May 24, 2024 (GLOBE NEWSWIRE) -- The "Satellite Optical Ground Station Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global satellite optical ground station market is expected to reach an estimated $93.33 billion by 2030 with a CAGR of 7.8% from 2024 to 2030.
The major drivers for this market are rising frequency of satellite launches, increasing amount of space debris, and introduction of new satellite technologies like optical communication terminals on satellites. The future of the global satellite optical ground station market looks promising with opportunities in the government & military and commercial enterprise markets.
The study includes a forecast for the global satellite optical ground station by type, application, and region.
Satellite Optical Ground Station Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Stationary Optical Ground Stations (S-AOGS)
- Transportable Optical Ground Stations (T-AOGS)
Stationary optical ground stations expected to witness the higher growth over the forecast period due to increased demand for flexibility and mobility.
Satellite Optical Ground Station Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Government and Military
- Commercial Enterprises
Within this market, government & military will remain the larger segment due to growing demand of secure and reliable communication channels for transmitting sensitive data.
Satellite Optical Ground Station Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
North America is expected to witness highest growth over the forecast period due to growing demand for high-bandwidth communication and early adoption of advanced technologies in the region.
Features of the Global Satellite Optical Ground Station Market
- Market Size Estimates: Satellite optical ground station market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Satellite optical ground station market size by type, application, and region in terms of value ($B).
- Regional Analysis: Satellite optical ground station market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the satellite optical ground station market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the satellite optical ground station market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Some of the satellite optical ground station companies profiled in this report include:
- General Atomics Synopta
- Thales
- Ball
- AAC Clyde Space
- HENSOLDT
For more information about this report visit https://www.researchandmarkets.com/r/nppif9
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