Satellite News

According to Euroconsult’s newly released report, Satellites Communications & Broadcasting Markets Survey, Forecasts to 2024, the FSS industry posted an average annual growth rate of 4.3% over 2010-2013 with 2013 showing clear signs of slowdown at only +2%, the lowest growth rate since 2004.

According to Euroconsult’s newly released report, Satellites to be Built & Launched by 2024, 140 satellites with launch mass over 50 kg will be launched on average each year over the next decade for governments and commercial companies. In comparison with last year’s forecast, the number of satellites is due to grow more than the market value over the decade.

NSR’s Satellite-Based Earth Observation (EO), 7th Edition report, forecasts that data, value-added services and Information Products markets from Earth Observation (EO) will reach US$4.5 billion by 2024, from US$2.3 billion in 2014.

The Space Foundation has released the findings of its publication “The Space Report 2015: The Authoritative Guide to Global Space Activity.”

The Satellite Industry Association (SIA) released its 2015 State of the Satellite Industry Report, showing a four percent growth rate in world satellite industry revenues in 2014, up from three percent in 2013.

According to Euroconsult’s newly released research report, Profiles of Government Space Programs, world government expenditures for space programmes decreased by 4% to US$66.5 billion in 2014.

With demand for Earth imagery increasing, manufacturers are expected to produce more than 200 remote sensing satellites over the next 10 years, according to Forecast International.

NSR’s Satellite Manufacturing and Launch Services, 5th Edition, report projects that over 1,800 satellites with a mass of more than 50 kilograms will be ordered and launched over the next decade, generating US$300 billion across global markets. Satellites launched by entirely new commercial and national operators will complement replacement and expansion missions from traditional players, sustaining the market above US$26 billion per year.