DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Satellites to be Built & Launched by 2025" report to their offering.
"Satellites to be Built & Launched by 2025", a World Market Survey, is a required reading for anyone interested in the business generated by satellite systems and their launches. The report is fully updated, providing all the key figures and analysis needed to understand the global space market, and the future opportunities & challenges.
- Customers: Civilian government, military government, commercial companies
- Applications: Fixed & mobile communications, TV & radio broadcasting, navigation, Earth observation, meteorology, data relay, science, IMINT/ELINT/SIGINT
- Orbits: LEO, MEO/HEO, GEO, Deep Space
The author anticipates that 145 satellites with launch mass over 50kg will be launched on average each year by 2025 for government agencies and commercial organizations worldwide. When including satellites smaller than 50kg and the two mega constellations of OneWeb and SpaceX, the total for the decade would grow precipitously to 9,000 units (vs. 1,480 launched in the past ten years).
The 1,450 satellites over 50kg to be launched over 2016-2025 should represent a market of $250 billion for the space industry to build and launch. A price decrease is visible in this core market of the industry, driven by 11 commercial constellations using 370 small satellites to be deployed into low or medium Earth orbits for communications or Earth observation.
Still, over three quarters of the market remains with government satellites; the 880 satellites to be launched for civilian and military agencies in 60 countries represent a market of $193 billion. Governments dominate the space industry as established space countries replace and expand their in-orbit satellite systems and more countries acquire their first operational satellite systems, usually for communications or for Earth observation and imagery intelligence. About 85% of the government market will remain concentrated in the ten countries with an established space industry (U.S., Russia, China, Japan, India, and five European countries).
The other 50 countries engaged in space activities will launch twice the number of satellites that they did inthe past ten years, i.e. almost 200 satellites. About half of these satellites will be procured from foreign manufacturers as domestic industry capabilities develop in these countries.
For more information about this report visit http://www.researchandmarkets.com/research/6vp6nn/satellites_to_be
Related Topics: Satellite Communications
