Market Share of Satellite Ground Equipment Industry
The satellite ground equipment market is semi-consolidated owing to the presence of major players like Thales Group, Inmarsat Global Limited, Iridium Communications Inc., Gilat Satellite Networks Ltd, and Orbcomm Inc., as well as the growing entry of new players. Vendors in the market are adopting strategies such as innovations, partnerships, mergers, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage.
- In May 2023, Low Earth Orbit satellite firm OneWeb is set to establish a ground station on the island of St. Helena and take ability on the island’s trunk of the Equiano subsea cable. OneWeb has inscribed a 10-year ground station agreement with regional telco Sure. OneWeb is set to construct a ground station at Horse Point, with Sure set to manage the facility. The ground station will then be connected via fiber to the island’s cable dock station at Rupert’s Beach.
- In March 2023, India-based full-stack space-engineering solutions company Dhruva Space and France-based satellite operator and global connectivity provider Kineis have inked a Memorandum of Agreement (MoA), marking a collaboration where both organizations will collaborate to launch space and ground infrastructure to scale the variety and impact of satellite-based solutions. With nine satellites in orbit, Kineis’ operational services provide global worldwide coverage.
Satellite Ground Equipment Market Leaders
Thales Group
Inmarsat global limited
Iridium Communications Inc.
Gilat Satellite Networks Ltd
Orbcomm Inc.
*Disclaimer: Major Players sorted in no particular order
