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 August 28, 2015

Business: Rafale, Mistral on agenda for Le Drian in Malaysia, India¬†– French Defense Minister Jean-Yves Le Drian is due to visit Malaysia Aug. 30, with talks expected to cover the Rafale fighter jet and Mistral helicopter carrier, website La Tribune reported. U.S. Army to choose new landing craft next year¬†– In line with the Pentagon’s...
 
 

News Briefs August 28, 2015

Boeing plans to lay off some Southern California workers Boeing has announced that it plans to lay off employees at its Southern California-based satellite division. The Los Angeles Times reports that the aerospace giant said Aug. 25 that it will lay off as many as several hundred employees at the El Segundo factory. Boeing says...
 
 

Special tactics Airmen killed in hostile incident

Two special tactics airmen, who were deployed in support of Operation Freedom’s Sentinel, were killed near Camp Antonik, Afghanistan, Aug. 26. Capt. Matthew D. Roland, 27, and SSgt. Forrest B. Sibley, 31, were at a vehicle checkpoint when two individuals wearing Afghan National Defense and Security Forces uniforms opened fire on them. NATO service members...
 

 

Hurricane Hunters to fly Tropical Storm Erika

The Air Force Reserve Hurricane Hunters are operating out of Homestead Air Reserve Base, Fla., flying their state-of-the-art WC-130J Super Hercules into Tropical Storm Erika in support of the National Hurricane Center in Miami. The 53rd Weather Reconnaissance Squadron flew four missions into the tropical storm from their deployed location at St. Croix in the...
 
 
LM-MUOS

U.S. Navy, Lockheed Martin ready to launch MUOS-4 Aug. 31

The U.S. Navy and Lockheed Martin are ready to launch the fourth Mobile User Objective System secure communications satellite, MUOS-4, from Cape Canaveral Air Force Station, Fla., Aug. 31 aboard a United Launch Alliance Atlas V...
 
 

Pentagon probing alleged distorting of war intelligence

The Pentagon’s inspector general is investigating an allegation that the military command overseeing the anti-Islamic State campaign distorted or altered intelligence assessments to exaggerate progress against the militant group, a defense official said Aug. 26. The official was not authorized to discuss the probe publicly and so spoke on condition of anonymity. The investigation was...
 




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>