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A research report from CITIC Securities projects that by 2026, private commercial rocket firms will join the networking efforts for the Qianfan and GW constellations. Additionally, as recovery technology matures and substantially cuts transportation costs, the satellite industry chain is poised for accelerated growth. According to the Guide Catalog for the Promotion and Application of Major Technical Equipment (First Sets) (2024 Edition), low-orbit mobile phone direct-connect communication satellites must be equipped with fully digital phased array antennas featuring no fewer than 16 beams. CITIC Securities highlights that ongoing advancements in satellite technology will most significantly benefit sectors such as spaceborne phased arrays and communication payloads, driving rapid market expansion.
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