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.


 
 

 
U.S. Chamber of Commerce photograph

Boeing, Embraer to collaborate on ecoDemonstrator technology tests

U.S. Chamber of Commerce photograph Frederico Curado, president & CEO of Embraer, and Marc Allen, president of Boeing International, at the Brazil-U.S. Business Summit in Washington, D.C. The event occurred during an offici...
 
 
LM-Legion

Lockheed Martin’s Legion Pod™ takes to skies

Lockheed Martin photograph by Randy Crites Lockheed Martin’s Legion Pod recently completed its first flight test, successfully tracking multiple airborne targets while flying on an F-16 in Fort Worth, Texas. Legion Pod was in...
 
 

Raytheon wins U.S. Army contract award

Will provide R&D for ground vehicles, ground robotics The U.S. Army Contracting Command ñ Warren recently awarded Raytheon the TACOM Strategic Service Solutions indefinite delivery/indefinite quantity contract. The five-year multiple-award vehicle has a ceiling value of $634 million. The agreement covers future work on sensors, fire control systems, active protection systems, and robotics...
 

 

Lockheed Martin’s EW pod delivers proven ability to protect, control electromagnetic spectrum

Lockheed Martin is testing an electronic warfare pod in the company’s advanced anechoic chamber. The pod is designed to fit a variety of platforms, and is a self-contained electronic warfare package, encompassing an entire suite of capabilities in one unit.  Electronic warfare is the art and science of controlling the electromagnetic spectrum—from jamming enemy communications...
 
 
Northrop Grumman photograph

Northrop, Navy successfully conduct E-2D Advanced Hawkeye aerial refueling CDR

Northrop Grumman photograph An E-2C test aircraft assigned to Air Test and Evaluation Squadron (VX) 20 conducts an aerial refueling dry-plug engagement with an F/A-18. Northrop Grumman along with the U.S. Navy have successfully...
 
 

Northrop, Navy celebrate legacy of EA-6B Prowler

Northrop Grumman photograph by Edgar Mills The U.S. Navy’s last operational EA-6B Prowler, designed and built by Northrop Grumman, lifts off from Naval Air Station Whidbey Island, Wash. in a ceremonial fly-away June 27 from its long time operational base. The Navy is retiring the Prowler after nearly 45 years of service.   The U.S....
 




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>