AnalysisBusiness

Euroconsult Releases Ground Segment Report

Ground equipment
Image: SDA

With the exponential growth of satellites in space showing no signs of slowing down, Euroconsult is considering the growing need for supportive ground infrastructure to back up assets in orbit. 

The consulting firm released the fourth edition of its yearly report on the ground segment market yesterday, spanning ground stations, antennas, and user terminals back on Earth. Analysts estimate that the market will be worth $80B by 2032.

“The dynamic evolution of the space segment, with flexible payloads and constellations, underscores the need for adaptable ground infrastructure to support advanced communication needs,” Jean Benoit Laithier, a principal advisor at Euroconsult, said in a statement. 

Ch-ch-changes: Evolutions in the way satellite operators gather and transmit information to the ground is driving growth for ground segment operators, Euroconsult found. In particular, adoption of high-throughput satellite (HTS) technology means more, stronger antennas will be needed to receive higher volumes of data transmission.

Satellites are also shifting up in the frequency bands they’re using to transmit data and messages back to Earth. Ka-band utilization is booming, and additional ground segments will be necessary to meet the demand—as well to prepare for the anticipated increase in the utilization of other bands, including V-band frequencies.

“The use of higher frequency bands is and will remain a driver for the development of broadband satellite connectivity, including for secure communications,” the authors wrote.

Keeping it low: The largest growth—no surprise—is in ground segments for LEO constellations. Euroconsult estimates that as many as two thirds of the new satellites launched by 2031 will belong to one of six LEO megaconstellations, including Starlink, Kuiper, and OneWeb.

Related Stories
BusinessStartups

Cofactr Acquires Cogbase to Target US Supply Chain

The deal comes at a critical time for US manufacturers, who are racing to onshore their supply chains in response to the Trump administration’s tariffs.

BusinessEquities

Redwire Stock Tumbles on US Contract Delays

Their argument that lumpy quarter-to-quarter contract values should be expected didn’t seem to buoy investor sentiment, as the company’s stock dipped 6.5% by market close. 

BusinessEquitiesInternational

MDA Space is Safe From Trump Tariffs, Budget Cuts

MDA Space posted its Q1 2025 financial results yesterday, showing a strong quarter with revenues ($351M CAD/$252.3M), backlog ($4.1B CAD/$2.95B), and net income ($37.2M CAD/$26.7M) all up compared to the same period last year.

AnalysisBusinessInternational

New Report Values the Space Industry at $944B by 2033

The report, released yesterday, predicted that the global space economy will reach $944B by 2033.