Global Satellites to be Built & Launched by 2027

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Mar 29, 2019, 05:30 ET

DUBLIN, March 29, 2019 /PRNewswire/ -- The "Satellites to be Built & Launched by 2027" report has been added to ResearchAndMarkets.com's offering.

Satellites to Be Built & Launched by 2027, 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.

Highlights of the report

According to the 21st edition of the report, the author anticipates that 330 satellites with a mass over 50 kg will be launched on average each year by 2027 for government agencies and commercial organizations worldwide. This is a threefold increase over the past decade as the satellite market experiences a paradigm shift with the rise of small satellites and large constellations.

The satellite sector is undergoing a massive transformation as more commercial and governmental entities take advantage of constellations to introduce new satellite services on Earth. We anticipate that over 40 constellations of various sizes and capabilities will launch about 2,300 satellites into low or medium Earth orbits for services as diverse as communications, navigation, Earth observation, meteorology and data collection from Earth sensors.

The 3,300 satellites over 50 kg to be launched over 2018-2027 should represent a market of $284 billion for the space industry in terms of building and launching, up 25% over that of the past decade. At the same time, a price decrease is visible in the satellite industry, driven by the commercial constellations of smallsats introducing new production and operation concepts including economies of scale, softwarization, and vertical integration up to data analytics.

Governments will remain the largest customer of the satellite and launch industries with 1,300+ satellites to be launched over the next 10 years for about 70 countries, for a market value of over $200 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, Earth observation and imagery intelligence. 85% of the government market will remain concentrated in the 10 countries with an established space industry. The other 60 countries invest in satellite systems to develop domestic space capabilities, or to acquire their first systems (usually for communications, Earth observation and imagery intelligence) in order to be more responsive to social and economic development.

In the commercial space sector, the author believes about 50 companies will launch almost 2,000 satellites, of which 1,700 units will be for 22 commercial constellations. Commercial space still means communications and broadcasting satellites in geostationary orbit; these satellites represent almost 50% of the $70 billion of commercial revenues expected over the decade. The two other large commercial markets are for non-geostationary orbit satellite constellations for communications (25% of revenues) and Earth observation (11% of revenues). New commercial markets are emerging for in-orbit services such as life extension, and for in-orbit tourism (mostly lunar).

Key trends, drivers & forecasts

Exclusive 10-year forecasts including breakdown by customer & by orbit, with number & mass of satellites to be manufactured & launched, plus market value (manufacturing & launch services)
Review of strategic issues from both supply (industry) & demand (customers) perspectives
Detailed demand database for commercial (order book) and government satellites (forecasts) including: application, launch date, launch mass, satellite platform, manufacturer, launch provider

Who will Benefit from this Report?

Satellite & launch vehicle integrators
Satellite & launch vehicle parts manufacturers
Launch & service providers
Banks, investors & insurers
Satellite operators
Space & other government agencies

Key Topics Covered:

01. STRATEGIC ISSUES AND FORECASTS FOR THE WORLD SPACE INDUSTRY

EXECUTIVE SUMMARY

METHODOLOGY, DEFINITION & ACRONYMS

TRENDS IN SATELLITE MANUFACTURING & LAUNCH SERVICES

Three metrics for the world space industry in the past decade (2008-2017)
A total of140 satellites launched in 2017 for a market value of $28 billion
Civilian government agencies continue to drive growth in satellite demand
Three times more satellites to be launched by 2027 compared to past decade
The big picture in the satellite market
Mass to orbit due to increase by 38% between the two decades
Industry revenues to increase by 25% between the two decades
LEO will dominate future market, both in number (80%) and in revenue (40%)
Distribution of future space industry revenues by application, orbit & market access

MARKET DRIVERS FOR FUTURE SATELLITE DEMAND

Satellite systems upstream to provide satellite-based services downstream
Three value chains in commercial satellite services with differing maturity
Vertical integration & horizontal concentration along the value chain
Better CAPEX efficiency of comsats driven by new technology in all orbits (GEO, MEO, LEO)
Small satellites for government missions, both in established space powers and newcomers
Small satellites for commercial constellations, both for ComSat and EOSat
Technical risks also part of the economic equation of satellite investment

02. COMPETITIVE ENVIRONMENT & PERFORMANCE OF MARKET PLAYERS

THE SPACE INDUSTRY GLOBALLY

THE SATELLITE MANUFACTURING INDUSTRY

Consolidation & vertical integration in the supply chain
Strategic issues for the satellite industry
A limited number of experienced satellite integrators
Financial performance of the satellite industry
The communication satellite (ComSat) industry
The non-GEO commercial satellite industry

PROFILES OF 12 COMMERCIAL SATELLITE COMPANIES

Airbus
Boeing
China Academy of Space Technology
Israel Aerospace Industries
ISS Reshetnev
Lockheed Martin
MAXAR Technologies
Mitsubishi Electric
Northrop Grumman
OHB
SSTL
Thales Alenia Space

THE LAUNCH SERVICE INDUSTRY

Structure of the space transportation industry
Financial performance of the space transportation industry
The GEO launch industry
The LEO launch industry

PROFILES OF THREE COMMERCIAL LAUNCH SERVICE PROVIDERS

Arianespace
ILS
SpaceX

03. COMMERCIAL SATELLITE DEMAND

ASSUMPTIONS FOR COMMERCIAL SATELLITE DEMAND

DEMAND CONTEXT FOR COMMERCIAL SATELLITES

The three orbits (GEO, MEO, LEO) are now commercial and working together
Commercial space still means communication satellites (ComSat), both in GEO and non-GEO orbits

THE COMMERCIAL MARKET BY APPLICATION

A mature GEO ComSat market driven by replacing in-orbit capacity
Future GEO ComSat demand highly uncertain in the medium term
High-throughput payloads for broadband communications not only in GEO
ComSat market driven by consolidation of existing operators by new entrants
In-orbit servicing of ComSats systems
Seven constellations for broadband communications
Earth observation at 16% of commercial space
Two new markets totalling 11% of commercial space

04. GOVERNMENT SATELLITE DEMAND

ASSUMPTIONS FOR GOVERNMENT SATELLITE DEMAND

GOVERNMENT MARKET HIERARCHY

Market hierarchy between customers, applications & regions
Growth in future government demand is driven by civilian satellites
Earth observation dominant for civilian satellites
Asia dominates civilian satellite market and the USA the military market
Newcomer space countries at 14% in satellite count, 10% of market value

MARKET DYNAMICS BY ORBIT

MARKET DYNAMIC BY APPLICATION

05. SATELLITE BACKLOG & FORECAST

TWO EXCLUSIVE DATABASES

Backlog of 1,260 commercial satellites under construction to be launched from January 2018 is a complement to the market forecast established by the author on the number and types of commercial satellites to be manufactured for launch.
The author's forecast of 1,380 government satellites to be launched over 2018-2027, including the nominative satellites, and those that are planned to be launched by 2027 as a follow-on to existing systems or as new systems.

For each satellite, the following information is provided:

Name of the satellite
Year of launch
Name and country of the operator
Application of the satellite
Orbit of the satellite
Satellite manufacturer
Satellite bus
Design lifetime of the satellite
Launch mass of the satellite
Launch service provider
Launch vehicle

Companies Mentioned

3D Plus
AEB
Aerojet
Air Liquide
Airbus D&S
Alcantara Cyclone Space
Alliant Techsystems Inc. (ATK)
Arianespace
Ascent Solar Tech
Astrotech Corporation
Atmel
Azercosmos
Boeing Integrated Defense Systems
Brazilian Institute of Aeronautics and Space (IAE)
Carlisle Interconnect Technologies
CAST
China Academy of Space Technology
China Aerospace Science and Technology Corp.
China Great Wall Industry Corporation
CNES
Cobham Microwave
COM DEV International Ltd.
Comtech EF Data
Credit Suisse
CSA
DLR
Dynetics Inc.
E2V Technologies
ESA
Export Development Canada
Finmeccanica
Gilat Satellite Networks
Goldman Sachs International
Harris Corporation
HSBC
iDirect Technologies
IHI AEROSPACE
ILS
INPE
International Rectifier
Israel Aerospace Industries
ISS Reshetnev Company
ITT Corporation
JAXA
KARI
Khrunichev State Research & Production Space Center
KISTEP
Korea Aerospace Industries
L-3 Communications
Lockheed Martin
MAXAR Technologies
MDA
Microsemi
Mitsubishi Electric Corporation
Mitsubishi Heavy Industries
Morgan Stanley
MT Aerospace
NGC Aerospace
Northrop Grumman Aerospace Systems
NSO
OHB-System AG
Orbital Sciences Corporation
Rakon France
Raytheon
Reliance
RSC Rocket Space Corporation Energia
RUAG Schweiz AG
Russian Space Systems(Niir)
Rymsa - Radiacion Y Microondas Sa
SAFT
SANSA
Satrec Initiative
Sea Launch
Smiths Interconnect
SNECMA Groupe SAFRAN Moteurs
SNSB
Sofradir
Space Flight Services
SpaceX
SSL
SSTL
STMicroelectronics
Sumitomo Corporation of America
Surrey Satellite Technology Ltd.
Tekes Technology Development Center of Finland
Tesat-Spacecom
Thales Alenia Space
TMServices
Trak Microwave Limited
Turkish Aerospace Industries
UK Space Agency
Umicore
United Technologies Corp.
Yuzhnoye SDO
Zodiac Data Systems

For more information about this report visit https://www.researchandmarkets.com/research/ltmngx/global_satellites?w=5

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