1200 satellites to launch over next 10 yrs
September 7, 2010
France – Euroconsult used its Paris satellite business week conference to present its latest study, saying that an estimated 1,220 satellites will be built for launch over the next decade. The average of 122 satellites to be launched per year is up significantly from the annual average of 77 satellites launched in the previous decade, a sign that government and commercial operators require more satellite capabilities, suggests Euroconsult.
Euroconsult’s just-released “Satellites to be Built and Launched by 2019, World Market Survey,” the company projects that revenues from the manufacturing and launch of these 1,220 satellites will reach $194 bn worldwide for the decade. The report concludes that government (and military) demands from around the world will continue to dominate the space market, accounting for two thirds of the total number of spacecraft launched and the same amount of launch and manufacturing revenues. “Governments realize that satellite systems are a critical part of their country’s infrastructure and contribute to socio-economic development by providing communications and geo-information solutions to many government agencies,” said Rachel Villain, Director for Space for Euroconsult and editor of the report.
Euroconsult forecasts 214 commercial communications satellites will be launched into the GEO arc during 2010-2019, with a market value of 55 billion dollars. The peak of the cycle will occur early in the decade, with 25 units to be launched per year, declining to fewer than 20 units per year at the end of the period.