The significant evolution of the space industry over the past decades is consequently leading to the creation of a huge market for space ground station equipment. Space ground station equipment enables communication of satellite with the end users and includes network and consumer equipment. Therefore, the expansion in the satellite network has given rise to huge business expansion opportunities in the global space ground station equipment market.
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The global space economy has been growing at a rapid pace owing to the increasing requirement of satellite-based connectivity services across different applications such as communication, navigation, Earth observation and others. A ground station is a terrestrial radio station designed to provide a connecting path for telecommunication of spacecraft with the end-user devices. Ground stations are established on the earth surface and these communicate with the satellites in real time by transmitting and receiving radio frequency waves. The ground station includes several elements such as antenna system, telemetry, tracking and command (TT&C) equipment, control center, RF equipment, and gateways, among others. The establishment of a ground station depends upon multiple aspects such as application of satellite, coverage, orbital path, data rate, cost, and accessibility, among other factors. Apart from these ground stations, there exists customer equipment which communicate directly with satellites or through gateways of ground stations. These customer equipment are used at consumer’s end and constitute a huge portion of global space ground station equipment market.
There has been an emergence of market players that are employing new business models in space ground stations. Companies such as Amazon, Infostellar, Copernicus Space and BridgeSat, have entirely transformed the way ground station business was perceived in earlier times. For instance, in May 2018, Amazon initiated ground station-as-a-service model wherein, it allows its users to download the information from multiple satellites. In this way, the company is promising to provide an easier and cost-effective experience to attain analyzed and integrated data from AWS platform. Similarly, BridgeSat is revolutionizing the ground station industry by offering laser terminals over traditional radio frequency-driven ground terminals. According to BridgeSat, these ground stations are cheap and can be operated with better performance as compared to traditional terminals.
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BridgeSat has acquired multiple contracts from satellite operators to develop laser ground stations. For instance, in May 2018, the company received a contract from ICEYE, to develop low-cost and innovative terminals. Japan-based company named Infostellar is also designing a cloud-based platform which will allow the user to share the antennas at various ground stations, described as Airbnb for satellites. Such advancements in the technologies are expected to drive huge growth in the global space ground station equipment market. Anticipated high growth in the small satellite market with the predicted launch of satellite constellations of telecommunication, earth observation, and navigation applications.