Frost & Sullivan: Has the Satellite Industry Proven Resilient to the Challenging Economic Times?

LONDON, June 1 /PRNewswire/ -- Despite continued economic turmoil, the satellite industry has grown. Healthy order books, strong financial positioning (over the last few years) of satellite industry participants, and continued demand from end-users within application sectors such as oil and gas, communications and military are some of the drivers that have enabled such resilience for the satellite industry. However, the space industry's optimism about its ability to weather the current economic storm is tempered by delays (even scaling down and cancellations such as the TSAT program by US government) in finalizing existing and future projects by end-users. Should the downturn persist, and if markets fail to recover within the anticipated period, the limited availability of financing and affordable insurance may leave financially vulnerable players in the cold. This could lead to a series of mergers and acquisitions to streamline the synergies of competitive products in order to deliver higher efficiencies and larger market shares. So what does this mean for satellite manufacturers and the satellite industry?

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To analyse developments in the satellite industry, the Aerospace & Defence Group at Frost & Sullivan (http://www.aerospace.frost.com) is pleased to announce that it will be hosting an online analyst briefing presentation on Tuesday, 15 June, 2010 at 3:00 pm BST.

Highlights of the briefing include analyses of: satellite manufacturing markets, regional trends and end-user expectations across the value chain.

By discussing emerging trends, end-user expectations and an overview of the global satellite manufacturing industry, this briefing will benefit satellite manufacturers, sub-system suppliers, and satellite operators.

"Growing demand for higher bandwidth communications and the finite orbital slots has triggered satellite operators to order satellites that are more powerful and more flexible than ever before," observes F&S Consulting Analyst, Aman Pannu. "However, it is the wider acceptance of dual-use platforms that will generate new opportunities for all participants involved; satellite owners, satellite service providers and manufacturers."

To participate in this briefing, please email Monika Kwiecinska at [email protected] with: your full name, company name, title, telephone number, e-mail, address, city, state and country and a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

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SOURCE Frost & Sullivan