Sensors and Systems
Breaking News
Rising Seas Threaten Dozens of UNESCO World Heritage Sites
Rating12345Rising seas are putting coastal UNESCO World Heritage Sites...
Orbit Logic’s Scheduling Software Selected for NASA Satellite Servicing Mission
Rating12345Orbit Logic reports NASA has selected the company’s STK...
Airbus to Showcase Smart Solutions for Safer Oceans at Euronaval
Rating12345Paris – Airbus will be showcasing a myriad of...
  • Rating12345

The Northern Sky Research (NSR) Satellite Manufacturing and Launch Services, 8th Edition report finds that despite a slow 2017 across the board, the global satellite manufacturing and launch market is poised to generate more than $250 billion in the next decade. As commercial and government players begin deploying constellations, turning to smallsats to provide more flexibility across a system, and leveraging more advanced flexible and exquisite payloads, the requirements placed on manufacturers and launch service providers enabling these next generation systems will change.

“Communications remains the global market driver, though it is diversifying from GEO-only to a blend of GEO and non-GEO as operators deploy new assets and seek to create more integrated systems capable of seamlessly addressing customer demand,” commented Carolyn Belle, NSR Senior Analyst and report author. “Yet commercial hesitancy to commit to new communications assets and new CAPEX, compounded by a natural lull in government system development, made 2017 a challenging year for satellite manufacturers. The market will improve in 2018 and 2019 before adjusting to a level of annual GEO orders lower than historic averages, plus additional non-GEO contracts.”

Situational awareness and technology development have received a renewed focus and will play an increasingly vital role in the market moving forward, built on escalating government activity and commercial players emerging for the first time.

North America led the market in 2017 and is expected to continue as the global hub of activity, due to ongoing government demand for high-value satellites as well as a robust commercial market. Activity across Asia is closing this gap, however, with China, India and Japan placing a greater emphasis on competition and capabilities in the space domain. Alongside heightened geopolitical tensions and the perception of new threats to space assets, defense and intelligence spending on space is set to increase around the globe.

Leave a Reply

Your email address will not be published. Required fields are marked *