Industry to Emerge from Cyclical “Trough” with New Crest in 2016 Averaging 70 Launches Annually
NSR PR – CAMBRIDGE, MA – June 7, 2011 – According to NSR’s newest market research report, Global Satellite Manufacturing and Launch Markets released today, the industry should launch satellites worth collectively over $250 billion over the next 15 years. NSR expects that the stability offered by GEO ComSat replacements, the Ka-band/HTS “me too” syndrome, Government contracts and the steady stream of Science & Navigation missions should see over 1,600 satellites launched by 2025.
“At an average of 110 satellites launched per year, we expect the industry to peak again around 2016 crossing $20 billion annually” according to the study’s author and NSR Senior Analyst, Prashant Butani. “This is a significant increase over the last 15 years, which saw a total of slightly over 1,500 satellites at an average of about 100+ satellites per year. However, one big challenge facing the industry is the limited number of launcher options available to operators, which should see some ‘unusual’ launch contracts being announced soon,” stated Butani.