Business

July 15, 2013

Forecast International projects $58 billion commercial communications satellite market over next 10 years

Forecast International projects the commercial communications satellite market will be worth $57.7 billion from 2013-2022.

According to its “The Market for Commercial Communications Satellites” study, which tracks 45 satellite production programs, 440 individual communications satellites are expected to be produced during that timeframe.

According to the study, society’s demand for data and connectivity continues to expand, with communications satellites just one industry growing to meet this demand. Bill Ostrove, Forecast International aerospace systems analyst and author of the study, says, “As market demand for data-intensive applications, such as high-definition video and broadband Internet, grows, so will the need for technologies to form the backbone of global networks.”

Growth is especially apparent in developing markets, such as Latin America and the Middle East. The study points out that these areas are not saturated with terrestrial cable and fiber-optic networks.

Satellite has also been a popular solution for mobile broadband applications. According to Ostrove, “Airlines such as United, Southwest, and JetBlue plan to have Wi-Fi on their entire fleets of aircraft in the future. Ka-band satellites will be the primary suppliers of the bandwidth needed to provide in-air broadband Internet connections.” Ship operators are also using satellite capacity to increase availability of broadband Internet.

Digital television is another market that is driving satellite service growth. This is especially true in areas of the world where cable and fiber-optic line penetration is low, such as Eastern Europe, North Africa, and the Middle East.

Ostrove notes that government services remains an important market for satellite services. “Because governments cannot meet their communications needs entirely with their own satellite fleets, they must turn to commercial satellite operators for additional capacity. The reduction in government spending (as governments around the world attempt to balance budgets) will continue this reliance on commercial satellites.”

While the industry remains strong, there are some challenges going forward. Some satellite operators are nearing an end to major capital expenditure programs, potentially reducing the demand for new satellites. However, these downward pressures should be mitigated, at least somewhat, by the continued growth in demand for satellite services and the entry into the market of new national satellite operators.

Top manufacturers in the commercial communications satellite industry include Space Systems/Loral, Thales Alenia Space, EADS Astrium, Boeing and Lockheed Martin.

 




All of this week's top headlines to your email every Friday.


 
 

 

Headlines July 27, 2015

News: U.S.-Turkey deal aims to create de facto ‘safe zone’ in northwest Syria – Turkey and the United States have agreed on the outlines of a de facto “safe zone” along the Turkey-Syria border under the terms of a deal that is expected to significantly increase the scope and pace of the U.S.-led air war against...
 
 

News Briefs July 27, 2015

Putin OKs maritime code calling for strong Atlantic presence Russian President Vladimir Putin has approved a new version of the country’s maritime doctrine that calls for maintaining a strong Russian presence in the Atlantic Ocean amid concerns about NATO expansion. The doctrine, which covers naval, merchant marine and scientific maritime issues, also adds the Antarctic...
 
 
Army photograph by SFC Walter E. van Ochten

U.S., Ukraine, Romania, Bulgaria train together at Rapid Trident 2015

Army photograph by SFC Walter E. van Ochten U.S. soldiers, of the 3rd Platoon, 615th Military Police Company, 709th Military Police Battalion, react as they conduct reacting to contact training as part of their situational trai...
 

 
nasa-astronaut

Astronaut Stephen Frick retires from NASA

Astronaut Stephen Frick has retired from NASA to accept a position in the private sector. Frick, who flew as both a shuttle pilot and commander, left the Agency July 13. Steve has been a great asset to the astronaut office and ...
 
 
Army photograph by Sgt. Juana M. Nesbitt

Estonian, US forces receive new jump wings

Army photograph by Sgt. Juana M. Nesbitt Pvt. Kalmer Simohov, of Parnu, a volunteer with the Estonian Defense League, receives his U.S. Army Airborne wings following the joint airborne operations exercise at a drop zone in Nurm...
 
 

Lockheed Martin, StemRad studying first-responder radiation shield for potential deep-space application

StemRad, Ltd. and Lockheed Martin have initiated a joint research and development effort to determine if StemRad’s radiation shielding technology ñ originally designed for first-responders ñ could help to keep astronauts safe on deep-space exploration missions. This collaboration is part of Lockheed Martin’s ongoing effort to establish international partnerships for human explorat...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>