The space ground station equipment market has been witnessing a high growth rate owing to significant increase in satellite launches and increasing adoption of high throughput satellite (HTS). The increase in demand for telecommunication all over the world is driving the satellite market. Development for technologies such as Internet of Things (IoT) and 5G are compelling the upgradation of high capacity modems, antennas, amplifiers, frequency converters, bandwidth optimizers, and many other ground station equipment. Consequently, the ground station equipment market has been increasing year-on-year. The growth is also resulting in emergence of new players such as Leaf Space, Infostellar, among others in the space ground station equipment market.

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Space ground station equipment is one of the moderately competitive markets, with the leading players contending against each other to gain a greater share in the space industry. The competitive landscape of the space ground station equipment market exhibits an inclination toward companies adopting both organic and inorganic strategies such as business expansions, partnerships/ agreements/ collaborations, product launches, and acquisitions, among others. Innovative product launches, precise and secure systems, pricing strategies, emergence of start-ups, and partnerships, among others are some of the key initiatives undertaken by companies to maintain competitive edge, thus boosting the overall growth of the market.

Some of the key players in the global space ground station equipment market include Comtech Telecommunications Corp., Echostar Corporation, Gilat Satellite Networks, GomSpace, Inmarsat, Kratos, Kongsberg Satellite Services, Marlink, Infostellar, Swedish Space Corporations, Thales Group and Visat. These companies are undertaking a wide range of approaches such as product launches and collaborations, to expand their business and remain competitive in the market. Moreover, a number of startups are venturing into the market to provide space ground station equipment to the end users.

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The introduction of advanced space ground station equipment is anticipated to bring about radical changes in their business. Ongoing efforts by industry players to develop high-end technologies that can enhance the capability of the ground station to attain real-time information at faster rate, connect with multiple satellites seamlessly, and provide ease in assesing the satellite data, are expected to give a boost to the growth of this industry. Furthermore, given the huge growth in the small satellites, it is expected that the space ground station equipment market will observe moderate to high growth during the forecast period.

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