Artificial Intelligence
Satellite Optical Ground Station Market (Operation, Equipment) – Reach $113.29Bn by 2028 at 8.4% CAGR with Network Equipment Segment Driving Growth During 2023–2028 | The Insight Partners
Pune, India, June 12, 2023 (GLOBE NEWSWIRE) — The Insight Partners published latest research study on “Satellite Optical Ground Station Market Size Report, Share, Revenue, Growth Strategy, Industry Trends, and Forecast to 2028 – COVID-19 Impact and Global Analysis By Operation, Equipment, Application, End User, and Geography”, the global Satellite Optical Ground Station market is expected to grow from USD 62.01 Billion in 2023 to USD 113.29 Billion by 2028; it is estimated to register a CAGR of 8.4% from 2023 to 2028.
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Satellite Optical Ground Station Market Report Scope, Segmentations, Regional & Country Scope:
| Report Coverage | Details |
| Market Size Value in | USD 62.01 Billion in 2023 |
| Market Size Value by | USD 113.299 Billion by 2028 |
| Growth rate | CAGR of 8.4% from 2023 to 2028 |
| Forecast Period | 2023-2028 |
| Base Year | 2023 |
| No. of Pages | 181 |
| No. of Tables | 106 |
| No. of Charts & Figures | 76 |
| Historical data available | Yes |
| Segments covered | Operation, Equipment, Application, and End User |
| Regional scope | North America, Europe, Asia Pacific, Middle East & Africa, South & Central America |
| Country scope | US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Companies Covered | Thales, Ball Corporation, AAC Clyde Space, HENSOLDT AG, General Atomics, Tesat-Spacecom GmbH & Co. KG, European Space Agency, ODYSSEUS SPACE SA, Mynaric AG, COMTECH TELECOMMUNICATIONS CORP. |
Browse key market insights spread across 181 pages with 106 list of tables & 76 list of figures from the report, “Satellite Optical Ground Station Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Operation (Laser Satcom and Optical Operations), Equipment (Consumer Equipment and Network Equipment), Application (Laser Operations, Debris Identification, Earth Observation, and Space Situational Awareness), and End User (Government and Military and Commercial Enterprises) and Geography” in detail along with the table of contents: https://www.theinsightpartners.com/reports/satellite-optical-ground-station-market/
Satellite Optical Ground Station Market: Competitive Landscape and Key Developments
Thales SA, Ball Corp, AAC Clyde Space AB, Hensoldt AG, General Atomics Aeronautical Systems Inc, Tesat-Spacecom GmbH & Co KG, The European Space Agency, ODYSSEUS SPACE SA, Mynaric AG, and Comtech Telecomm Corp are among the key satellite optical ground station market players profiled in the report. Several other essential satellite optical ground station market players were analyzed for a holistic view of the market and its ecosystem. The report provides detailed market insights, which can help major players strategize their growth in the satellite optical ground station market.
April 2023: Ball Aerospace, Loft Federal, and Microsoft have teamed up to work on the Space Development Agency’s (SDA) experimental testbed program, called NExT, to carry 10 satellites with experimental payloads into orbit. Ball Aerospace is the prime contractor, leading payload and spacecraft integration and testing. Loft Federal will perform spacecraft integration and testing, procure commercial launch services, and operate the constellation on orbit. Meanwhile, Microsoft will provide Azure Government cloud and ground station infrastructure with secure satellite operations post-launch and productivity solutions to drive mission-critical communications. The collaboration aims to establish a supplier-agnostic rapid delivery pipeline to enable mission success for SDA.
February 2023: ESA partnered with Deutsche Telekom to improve connectivity using satellites to complement existing ground-based connectivity technologies. This ensures that people and devices stay connected even when terrestrial systems are unavailable. This partnership aims to enable vital services such as managing civil security in disaster areas and boosting the safety and efficiency of vehicles on the move.
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Based on region, the satellite optical ground station market is segmented into North America, Europe, Asia Pacific, and rest of world. According to the satellite optical ground station market analysis, Europe is expected to register the highest CAGR from 2023 to 2028.
In Europe, various government contracts and agreements for establishing satellite ground stations are expected to propel the adoption of satellite ground station technologies. In December 2022, AIRBUS delivered two reconnaissance satellites and a ground station to Poland. In October 2022, France ordered 36 satellite communication ground stations for the Syracuse IV constellation. In October 2021, the German Aerospace Center (DLR) and Japan’s National Institute of Information and Communications Technology (NICT) conducted the Earth observation project. Therefore, government agreements, partnerships, and alliances are propelling the satellite optical ground station market growth.
To reduce the risk of a collision between European space assets, such as EGNOS, Copernicus, Galileo, and GOVSATCOM satellites, other spacecraft, in-orbit fragments, debris, and uncontrolled re-entries of space objects, the European Union (EU) established the Space Surveillance and Tracking (SST) sub-component under the EU Space Programme. The EU SST helps safeguard the EU’s space assets, especially the satellites involved in the EU Space Programme, its member states, and other space operators. It also uses a network of ground-based sensors that helps survey and track artificial space objects and processing capabilities to provide information, data, and services on space objects orbiting the Earth.
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The EU SST currently offers three services—Collision Avoidance (CA), Re-entry Analysis (RE), and Fragmentation Analysis (FG)—that help in safeguarding more than 300 European satellites from the risk of collision. In April 2021, the EU SST also welcomed the European Parliament to adopt the regulation for establishing the EU Space Programme for 2021–2027. The regulation will allow EU SST to further enhance its activities as a part of the space awareness component of the EU Space Programme, which further fuels the growth of the satellite optical ground station market. In June 2022, the European Commission announced that EUSPA would take the SST Front Desk operations responsibility from July 1, 2023. The EUSPA’s Galileo Security Monitoring Centre (GSMC) in Madrid will take this responsibility from the European Union Satellite Centre (SatCen).
The European Space Agency regulates and supports various space ground station programs in the region, boosting the growth of the satellite optical ground station market. For example, European Space Astronomy Centre (ESAC) hosts the team for the European Space Situational Awareness (SSA) Preparatory Programme to provide accurate information regarding the objects orbiting the Earth, the space environment, and incoming threats from space. The SSA programme will help the government autonomously detect, predict, and assess the risk of remnant space objects, in-orbit explosions, collisions, disruption of missions, and satellite-based service capabilities, as well as the effects of space weather phenomena on space- and ground-based infrastructure, boosting the growth of the satellite optical ground station market.
Satellite Optical Ground Station Market: Operation Overview
Based on operation, the satellite optical ground station market is segmented into laser satcom and optical operations. According to the satellite optical ground station market analysis, optical operations segment is expected to account for a larger share in 2022, owing to the rise in demand for satellite constellations.
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The presence of several space ground station programs across Europe is likely to drive the satellite optical ground station market across the region. A few such programs are mentioned below:
In August 2021, SpaceX StarLink’s new station on the Isle of Man expanded the satellite internet service’s UK coverage.
In February 2023, the UK Ministry of Defence (MoD) awarded a contract worth US$ 482 million to defense contractor Babcock to manage and operate the military satellite communications system “Skynet.”
In October 2022, the German Aerospace Center (DLR) inaugurated a new optical ground station at its site in Oberpfaffenhofen in Bavaria that is being utilized for testing optical satellite network connections.
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Artificial Intelligence
Xinhua Silk Road: E China’s Changzhou City unveils investment opportunities in sectors of new productive forces for global investors
BEIJING, Sept. 29, 2024 /PRNewswire/ — Changzhou City, an leading international smart manufacturing base located in east China’s Jiangsu Province, has released a bunch of investment investment opportunities to global investors in various sectors of new productive forces at the the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference held in the city on September 19.
The investment opportunities covers nine areas including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence, manifesting the confidence of Changzhou in further opening development.
Changzhou, seated in the axis of the Yangtze River Delta, has become an important base for advanced manufacturing in China.
In recent years, thanks to intensified efforts in developing new energy industry and fostering new quality productive forces, Changzhou has expanded the added value of its industrial sector to more than two trillion yuan, with manufacturing added value accounting for about 43 percent, both ranking among the top three in Jiangsu Province.
In the Hurun China New Energy Cities 2024, a list released by the Hurun Research Institute at the conference, Changzhou ranked first among other cities in the country for three consecutive years in terms of investment attractiveness and concentration.
Changzhou has accumulated a total of 10.59 billion US dollars (nearly 74.25 billion yuan) in terms of actually utilized foreign capital since 2020. Major projects such as soft magnetism of ArcelorMittal and medical device of BIOS, a Hong Kong-based company, have been launched during the conference.
In addition, Changzhou has released a multilingual guide for foreign nationals in Changzhou at the conference, which includes practical service items in stay and residence, work, convenient payment options, among others, turning the city into a more open and international place.
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Artificial Intelligence
CGTN: China honors individuals with highest awards in celebration of 75th National Day
BEIJING, Sept. 29, 2024 /PRNewswire/ — Huang Zongde enlisted in the Chinese People’s Liberation Army at the age of 17, beginning a nearly four-decade-long military career where his bravery, valor and devotion earned him countless awards and honors.
The heavily decorated 93-year-old received the highest state honor on Sunday when Chinese President Xi Jinping conferred him with the Medal of the Republic at a ceremony in the Great Hall of the People in Beijing.
China awarded national medals and national honorary titles to 15 individuals, including Huang, in recognition of their contribution and achievement as it celebrates the 75th anniversary of the founding of the People’s Republic of China, which falls on October 1.
Chinese heroes and role models
In addition to Huang, three others were awarded the Medal of the Republic. Wang Yongzhi, a missile and rocket expert and a pioneer of China’s manned space program, was honored posthumously. Wang Zhenyi, a medical scientist known for breakthroughs in leukemia treatment, and Li Zhensheng, an expert in wheat breeding, are also among the honorees.
The national honorary titles went to 10 people, including scientists, a border patrolman, an artist, a craftsman, educators, a health worker, an economist and an athlete.
Addressing Sunday’s awarding ceremony, President Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called on the Chinese people to learn from heroes and role models to form a mighty force to build a strong China.
China is in a crucial period for building a great modern socialist country in all respects and achieving national rejuvenation through Chinese modernization, he said.
Encouraging the Chinese people to strive for extraordinary achievements at ordinary job posts, Xi urged them to contribute to resolving challenges to development and reform and safeguarding social harmony and stability.
China’s old friends and good friends
As its highest state honor for foreigners, China awarded the Friendship Medal to Dilma Rousseff, president of the New Development Bank and former Brazilian president, for her commitment to the friendship between China and Brazil, and development of relationship between China and the Community of Latin American and Caribbean States, and cooperation among BRICS countries, a group of major emerging economies.
Accepting the honor at the ceremony, Rousseff said the medal symbolizes the strong bonds between Brazil and China and pledged to continue her unremitting efforts to promote the friendship.
China’s achievements over the decades, including economic transformation, technological innovation and remarkable social development, have made it a beacon and a source of inspiration for the world, she said.
Xi lauded Rousseff as an outstanding representative of China’s old friends and good friends who have shared the same aspirations and stood together with the Chinese people over the past 75 years and vowed that China will never forget such international friends.
The Chinese people are ready to join hands with people from all over the world to safeguard world peace, promote common development and advance the building of a community with a shared future for mankind to create a better future for humanity, he said.
https://news.cgtn.com/news/2024-09-29/China-honors-individuals-with-highest-awards-ahead-of-National-Day-1xhS1SaZeZa/p.html
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HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.
The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
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