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.


 
 

 

Raytheon wins $46 million contract for South Korean Global Hawk ground stations

Raytheon has been awarded a contract valued at up to $45.7 million by Northrop Grumman Aerospace Systems for ground segments in support of four Global Hawk unmanned aircraft systems recently purchased by the Republic of Korea. Under this contract, Raytheon will deliver one building-based and one mobile ground segment to locations in South Korea. Work...
 
 

TOW 2A RF missiles successfully fired from helicopter

In the first of its kind launch, Raytheon fired tube-launched, optically-tracked, wireless-guided 2A radio frequency practice missiles from an AH-1W Cobra attack helicopter during a December exercise.  Raytheon, working with the Naval Air Systems Command, fired two TOW 2A RF practice missiles at ranges exceeding 2600 meters. The two tests verified the missile’s capability to...
 
 
NG-growler2

Northrop Grumman delivers center/aft ‘shipset’ for first international EA-18G Growler

Northrop Grumman photograph Northrop Grumman mechanics perform final quality inspections on the center/aft fuselage shipset produced by the company for the first Australian EA-18G Growler. The subassembly will be delivered to B...
 

 

Boeing, ANA finalize order for three 787-10 Dreamliners

Boeing and All Nippon Airways (ANA) today finalized an order for three 787-10 Dreamliners, valued at approximately $900 million at list prices. With this order, originally announced as a commitment in January 2015, ANA becomes Boeing’s newest 787-10 customer and first airline in Asia to operate the entire family of 787 Dreamliners. “We truly appreciate...
 
 

Poland’s MESKO, Raytheon sign second letter of intent

In a move designed to collaborate and share advanced defense technologies, Raytheon’s Missile Systems business signed a Letter of Intent with MESKO, Poland’s leading missile and ammunition manufacturer. Areas of cooperation focus on Raytheon’s solutions for the KRAB howitzer precision fires and new Polish Attack Helicopter, including offset proposals and opportunities for MESK...
 
 

Airbus Group delivers first new UH-72A Lakota for Army initial-entry trainer mission

Airbus Group March 25 delivered to the U.S. Army the first UH-72A Lakota helicopter to come off the Airbus Helicopters Inc. production line configured for the Lakota’s latest mission, as the service’s initial-entry training helicopter. The aircraft will join seven Lakotas previously in the Army inventory that have already been modified to the training configuration...
 




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=""> <strike> <strong>