Satellite News

According to Euroconsult’s newly released research, Prospects for the Small Satellite Market, the market for small satellite (smallsat) manufacturing and launch will grow from US$12.6 billion in 2009-2018 to US$42.8 billion in the coming decade from 2019-2028, nearly quadrupling in size.

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According to Euroconsult’s newly released research, Government Space Programs: Benchmarks, Profiles & Forecasts to 2028, global government space budgets are in the early stages of a ten year growth cycle with total world expenditures reaching US$70.9 billion in 2018, and forecasted to grow to US$84.6 billion by 2025.

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NSR’s Satellite Manufacturing and Launch Services, 9th Edition (SMLS9) report forecasts a US$225 billion market opportunity over the next decade, driven by Situational Awareness and Earth Observation markets.

NSR’s Smallsat Launch Vehicle Markets, 2nd Edition report, concludes the dedicated commercial small satellite launch market will see a rapid ramp-up period resulting in over US$2.2 billion in revenue over the next 10 years, overcoming supply chain constraints, new technology risks, and solidifying its place in the market as a proven competitor.

NSR’s Global Satellite Capacity Supply and Demand, 16th Edition report, confirms despite a challenging current climate for capacity sales, long-term projections are promising with revenues doubling over the next 10 years.

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According to Euroconsult’s latest report, Ground Segment Market Prospects: Part 1, Forecasts to 2028, the commercial satellite ground segment market, including satcom applications, EO applications and user terminals for user applications, is going through significant expansion in terms of both capabilities and demand and will grow from US$264 million in 2018 to nearly US$360 million in 2028.