CAMBRIDGE, Mass., May 04, 2017 (GLOBE NEWSWIRE) -- NSR’s Satellite Manufacturing and Launch Services, 7 th Edition (SMLS7) report, released today, forecasts 2,356 satellites are expected to launch during the coming decade, with both GEO and non-GEO satellite operators turning to diverse solutions to remain competitive with space-based and terrestrial players. NSR identified a growing focus on leveraging advanced technologies and new practices in optimizing satellite business cases across all satellite applications.
“New platforms, flexible and more capable payloads, mass production, satellite servicing, reusable launch - myriad options are now available to operators in their toolbox as they diversify their solutions to respond to an evolving market,” stated Carolyn Belle , NSR Senior Analyst and report author. “Non-GEO constellation projects, capacity and data pricing declines, and evolving end-user demand are creating a new market environment. The near-term result was a low 2016 commercial GEO order rate expected to continue into 2017, but long-term, NSR expects a rebalancing of the market to involve unique architectures in GEO, and non-GEO, and a combination of the two.”
NSR’s SMLS7 study also found that government & military satellite markets demonstrate equally robust activity. “The value of space for economic development and national security continues to drive interest in launching space-based platforms, leading to a 10% increase in average launch rates in the coming decade,” continued Belle. From science to Earth Observation to situational awareness, the pursuit of space projects by experienced and developing space-faring nations will generate an average $17.5B in revenues annually.
As space utilization increases and emerging constellations are deployed, preservation of the space environment will become more important than ever. Efforts to manage not only spectral interference between satellites but orbital traffic and debris are attracting more attention, with both commercial and government players needing to actively seek sustainable solutions that enable ongoing health of the industry at large.
About the Report
Satellite Manufacturing and Launch Services, 7 th Edition , provides the industry’s most thorough analysis of the dynamics surrounding design, construction, and launch of new satellites. Addressing emerging trends from LEO to GEO, commercial to government, and communications to Earth Observation, SMLS7 assesses how the shape of satellite manufacturing and launch demand will evolve in the next decade. In its 7 th edition, this NSR assessment of the global satellite manufacturing and launch services markets provides a unique and comprehensive view into short and long term trends in satellite applications, order rates, mass, and pricing, with an exclusive look at the competitive dynamics among integrators and launch service providers. For additional information on this NSR offering, including a full table of contents, list of exhibits and executive summary, please visit www.nsr.com or call NSR at +1-617-674-7743.
About NSR
NSR is the leading global market research and consulting firm focused on the satellite and space sectors. NSR’s global team, unparalleled coverage and anticipation of trends with a higher degree of confidence and precision than the competition is the cornerstone of all NSR offerings. First to market coverage and a transparent, dependable approach sets NSR apart as the key provider of critical insight to the satellite and space industries. Contact us at info@nsr.com to discuss how we can assist your business.
Contact: Kristen Kloster, Marketing Director kkloster@nsr.com
