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中信建投:卫星通信有望加速发展 未来还将产生太空算力等广阔市场
智通财经网· 2026-01-26 02:32
Group 1 - The core driving force for the development of the satellite communication industry is the upgrade of satellite communication technology, which addresses issues of latency, bandwidth, and stability through innovations such as lower orbital heights, phased array antennas, and laser media applications [1][2] - The global satellite communication market is expected to grow from $25.2 billion in 2025 to $83 billion by 2035, with a compound annual growth rate (CAGR) of approximately 13% [1][2] - The rise of the commercial space industry is generating incremental demand for satellite communication, with applications expanding from traditional broadcasting and maritime communication to remote internet access, IoT, emergency rescue, and defense sectors [2][3] Group 2 - The satellite communication industry chain includes upstream chips and components, midstream communication modules, and downstream satellite communication terminals, with leading companies actively exploring new technologies and products [1][3] - The successful deployment of satellite constellations, such as SpaceX's Starlink, which has over 9,300 satellites in orbit and more than 9 million paying users, is significantly enhancing market penetration and driving growth [2][3] - Domestic players are submitting plans for over 200,000 satellites to the ITU, with the capacity for annual launches expected to reach 10,000, further propelling market growth [2][3]