Northern Sky Research

Energy Markets via Satellite, 7th Edition

Published: May 2018

Available Licenses:

  • Standard: $4,495  
  • Enterprise: $8,495

NSR Report Deliverables

NSR delivers clarity and critical market insight.

NSR’s Energy Markets via Satellite, 7th Edition continues as the industry’s only dedicated assessment of satcom opportunities in all core energy segments.  Diving into the core sub-sectors for each market, the study includes complete coverage of:

  • Oil & Gas
  • Mining
  • Utilities

The assessment provides further details according to segments, regions, and frequencies across a core-set of metrics vital to assess the health of the Energy Segment for the Satellite Communications sector.  Focusing on In-service Units, Revenues, and Capacity Demand across FSS, GEO-HTS, Non-GEO HTS, and MSS capacity, the report dive-deep into the trends, drivers, and restraints behind each segment.

Key Questions Answered in this Report:

  1. Is the worst behind us for energy satcom markets?
  2. How will falling VSAT capacity pricing impact demand and revenues?
  3. Which markets and segments matter most in terms of revenues and capacity demand?
  4. How are addressable markets shaping up across Oil & Gas Onshore/Offshore, Mining, and Electrical Utilities?
  5. How will the emerging LEO and expanding incumbent Non-GEO HTS providers impact the market?
  6. Where is the growth story – an offshore O&G play?  Mining?  Can you build a business connecting the Electrical Utility market?
  7. Is demand shifting from a regional view?  Are Offshore O&G segments still the growth engines for the O&G sector?
  8. What are the key drivers and restraints impacting uptake for satellite connectivity services?

Oil & Gas Satcom Connectivity is expected to be a $1 Billion-dollar opportunity by 2027, spread across Onshore E&P, Offshore Support Vessels, Offshore Rigs & Platforms, and Midstream Pipeline plays.  Slowly recovering from the challenges of the past few years, HTS (in GEO and Non-GEO) will enable the next-era of growth across the Energy sector.  At over $1.6 Billion for all Energy Markets considered in the report, how those revenues are divided amongst service revenues, equipment sales or passed upstream to satellite operators for capacity revenues will be the key trend to decide who wins and who loses.  With End-users facing ongoing pressure to control costs causing widespread M&A activity, Service Providers will need new and innovative approaches to win fleets in an increasingly consolidating environment.

NEW In this Edition

Energy Markets via Satellite, 7th Edition expands on previous NSR coverage of the Energy Markets.  The report now includes a “by Vessel” view of the Offshore O&G sector, a deeper split of the Mining markets into Exploration & Construction, and Production & Closure, and a revised outlook on the pipeline addressable market.  With a deeper regional dive in select segments available for NSR’s subscription clients, get even further resolution in matching demand and revenues against key capacity regional markets.

The report focuses on the core markets for Energy Service Providers, matching their business group organizations to streamline comparisons against market benchmarks and internal projections, removing merchant maritime tanker (midstream offshore distribution segments in previous reports), which typically is reported under commercial maritime business units.

With an honest, cross-vertical assessment of satellite capacity, just how long can the Energy markets sustain satellite capacity levels?  During this period of adjustment, this edition lays out how capacity revenues, service revenues, and equipment revenues are shaping up for Service Providers and market players.  Alongside the threat of Satellite Operators moving down into the service provider layer, just what does that mean for the incumbent providers?

Bottom Line, the report analyzes dynamics behind the curves in major segments and regions, and how changes to satellite capacity uptake are trickling down into connectivity revenues.

NSR’s Energy Markets via Satellite, 7th Edition is based on an ongoing assessment of the Energy Markets, complied and expanded from NSR’s industry-leading research library.  As the market shows signs of returning to growth, NSR relaunched its dedicated-study on Energy Markets via Satellite.  Rigorously tracking the developments of key players, end-users, and market segments, combined with extensive interviews across the value-chain, and deeper-dives in selected sub-segments and regions, all combine to form a complete quantification of major trends, drivers, and restraints present in the market.

The NSR Difference

NSR consistently stays ahead of the curve anticipating market dynamics in the satellite industry.  In an era of profound changes to End-user markets, satellite capacity pricing uncertainty, new satellites in new orbits, and new competition from all sides, NSR is a trusted partner to distill fact from fiction, quantify these changing times, and provide bottom-line guidance to all segments of the value-chain.  This report serves as an opportunity roadmap for future strategic decisions.

Primary Elements of the Report Include:

  • In-depth assessment on a segment, regional, and capacity basis for Oil & Gas, Mining, and Utilities.
  • A Bottom-up approach to market construction with an assessment on a per-terminal basis in all markets, and a per-vessel basis in the Offshore O&G segments.
  • Forecast results for In-Service Units, Equipment Revenues, Service Revenues, Capacity Demand & Revenues for FSS/HTS.
  • Comparisons with Historical Results dating back to 2012 for all markets, 2010 in the Oil & Gas segment.
  • Over 500 detailed Tables and Charts

ES. Executive Summary
ES.1 Global Map
ES.2 Key Findings
ES.3 Bottom Line

1. State of the Markets
1.1 The Energy Market Opportunity - 2017
1.2 Energy Markets SATCOM Opportunity, by 2027
1.3 Energy Market Snapshot, 2017
1.4 Global Markets
   1.4.1 Global Markets - An Evolving Addressable Market
   1.4.2 Global Markets - Evolving Retail Revenues
   1.4.3 Global Markets - A Changing Global Picture
1.5 Service Provider Market-Share
1.6 Market Trends
   1.6.1 Market Trends - Steady Oil Prices = Higher End-User Comfort
   1.6.2 Market Trends - A U.S. Net-Exporter?
   1.6.3 Market Trends - The Opening Move? SES + Ivanhoe Mines
1.7 Bottom Line

2. Oil & Gas Markets
2.1 Oil & Gas Market Data At-A-Glance
2.2 Oil & Gas Global Map
2.3 Major Market Trends & Global Figures
   2.3.1 Major Market Trends and Global Figures - Offshore vs. Onshore Units
   2.3.2 Major Market Trends and Global Figures - End-user Consolidation
   2.3.3 Major Market Trends and Global Figures - Crude Pricing Recovery
   2.3.4 Major Market Trends – “Big Data” is the 0th App, What’s the First?
2.4 Addressable Market
   2.4.1 Addressable Market – E&P
   2.4.2 Addressable Market – Pipelines
2.5 Comparisons with Previous Editions
2.6 Offshore O&G Analysis by Vessel
   2.6.1 Offshore O&G Analysis by Vessel, Bandwidth Demand
   2.6.2 Offshore O&G Analysis by Vessel, Monthly Revenues
2.7 Oil & Gas Onshore E&P
   2.7.1 Oil & Gas Onshore E&P – In-Service Units
   2.7.2 Oil & Gas Onshore E&P – ARPU
   2.7.3 Oil & Gas Onshore E&P – Capacity Demand & Revenues
   2.7.4 Oil & Gas Onshore E&P – Revenues
2.8 Oil & Gas Offshore Support Vessels
   2.8.1 Oil & Gas Offshore Support Vessels – In-service Units
   2.8.2 Oil & Gas Offshore Support Vessels - ARPU
   2.8.3 Oil & Gas Offshore Support Vessels – Capacity Demand & Revenues
   2.8.4 Oil & Gas Offshore Support Vessels – Revenues
2.9 Offshore Rigs Exploration
   2.9.1 Offshore Rigs Exploration – In-service Units
   2.9.2 Offshore Rigs Exploration - ARPU
   2.9.3 Offshore Rigs Exploration – Capacity Demand & Revenues
   2.9.4 Offshore Rigs Exploration - Revenues
2.10 Offshore Rigs Production
   2.10.1 Offshore Rigs Production – In-service Units
   2.10.2 Offshore Rigs Production - ARPU
   2.10.3 Offshore Rigs Production – Capacity Demand & Revenues
   2.10.4 Offshore Rigs Production - Revenues
2.11 Pipelines Distribution
   2.11.1 Pipelines Distribution – In-service Units
   2.11.2 Pipelines Distribution - ARPU
   2.11.3 Pipelines Distribution – Capacity Demand & Revenues
   2.11.4 Pipelines Distribution - Revenues
2.12 Bottom Line

3. Mining Markets
3.1 Mining Market Data At-A-Glance
3.2 Mining Global Map
3.3 Major Market Trends and Global Figures
   3.3.1 Major Market Trends and Global Figures - Revenue Growth
   3.3.2 Major Market Trends and Global Figures - Market Factors
   3.3.3 Major Market Trends and Global Figures - Assessments of the End-user Market
3.4 Addressable Markets
3.5 Comparisons with Previous Editions
3.6 Mining Exploration & Construction
   3.6.1 Mining Exploration & Construction – In-Service Units
   3.6.2 Mining Exploration & Construction - ARPU
   3.6.3 Mining Exploration & Construction – Capacity Demand & Revenues
   3.6.4 Mining Exploration & Construction – Revenues
3.7 Mining Production & Closure
   3.7.1 Mining Production & Closure – In-Service Units
   3.7.2 Mining Production & Closure – ARPU
   3.7.3 Mining Production & Closure – Capacity Demand & Revenues
   3.7.4 Mining Production & Closure – Revenues
3.8 Bottom Line

4. Utility Markets
4.1 Utility Market Data At-A-Glance
4.2 Utility Global Map
4.3 Major Market Trends and Global Figures
   4.3.1 Major Market Trends and Global Figures - In-Service Unit Growth
   4.3.2 Major Market Trends and Global Figures - Changing Profile of Electrical Generation
   4.3.3 Major Market Trends and Global Figures - Cyber Protection: Driver or Restraint?
4.4 Addressable Markets
4.5 Comparison with Previous Edition
4.6 Electrical Generation
   4.6.1 Electrical Generation – In-Service Units
   4.6.2 Electrical Generation – ARPU
   4.6.3 Electrical Generation – Capacity Demand & Revenues
   4.6.4 Electrical Generation – Revenues
4.7 Electrical T&D
   4.7.1 Electrical T&D – In-Service Units
   4.7.2 Electrical T&D – ARPU
   4.7.3 Electrical T&D – Capacity Demand & Revenues
   4.7.4 Electrical T&D – Revenues
4.8 Bottom Line

Annex – Methodology & Assumptions
A.1 Definitions – Forecast Variables
A.2 Change Log
A.3 Methodology Changes - Addressable Markets
A.4 Regional Definitions
A.5 Forecast Methodology Workflow
A.6 High-Level Forecast Model
A.7 Forecast Methodology

List of Exhibits

ES. Executive Summary
Energy Markets Global Map
Energy Markets Via Satellite, 7th Edition Retail Revenues ($M), by Market
FSS Capacity Demand (TPEs)
HTS Capacity Demand (Gbps)

1. State of the Markets
Energy Market Addressable Market (2017)
O&G Addressable Market: E&P (2013)
O&G Addressable Market: E&P (2017)
O&G Markets Retail Revenues, 2017 - 2027
Energy Markets via Satellite, 7th Edition Service Provider Market Share - 2017

2. Oil & Gas Markets
Oil & Gas Markets Dashboard
Oil & Gas Markets Global Map
Oil & Gas In-Service Units, by Segment, 2017
O&G Addressable Market: E&P
O&G Addressable Market: Pipelines
Oil & Gas In-Service Units, Historical Comparisons
Oil & Gas Retail Revenues ($M), Historical Comparisons
Oil & Gas Capacity Demand (TPEs), Historical Comparisons
Oil & Gas Capacity Demand (Gbps), Historical Comparisons
Average VSAT Mbps Demand Per Vessel by Market
Average VSAT Mbps Demand Per Vessel by Market
Average Revenue Per Month for Maritime Broadband by Vessel
Average Revenue Per Month for Maritime Broadband by Vessel
Oil & Gas Onshore E&P In-Service Units, by Capacity
Oil & Gas Onshore E&P In-Service Units, by Region
Oil & Gas Onshore E&P ARPU, by Capacity
Oil & Gas Onshore E&P ARPU, by Region
Oil & Gas Onshore E&P Capacity Demand, by Capacity
Oil & Gas Onshore E&P Capacity Revenues ($M), by Capacity
Oil & Gas Onshore E&P Service Revenues ($M), by Capacity
Oil & Gas Onshore E&P Equipment Revenues ($M), by Capacity
Oil & Gas Onshore E&P Retail Revenues ($M), by Capacity
Oil & Gas Offshore Support Vessels In-Service Units, by Capacity
Oil & Gas Offshore Support Vessels In-Service Units, by Region
Oil & Gas Offshore Support Vessels ARPU, by Capacity
Oil & Gas Offshore Support Vessels ARPU, by Region
Oil & Gas Offshore Support Vessels Capacity Demand, by Capacity
Oil & Gas Offshore Support Vessels Capacity Revenues ($M), by Capacity
Oil & Gas Offshore Support Vessels Service Revenues ($M), by Capacity
Oil & Gas Offshore Support Vessels Equipment Revenues ($M), by Capacity
Oil & Gas Offshore Support Vessels Retail Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Exploration In-Service Units, by Capacity
Oil & Gas Offshore Rigs Exploration In-Service Units, by Region
Oil & Gas Offshore Rigs Exploration ARPU, by Capacity
Oil & Gas Offshore Rigs Exploration ARPU, by Region
Oil & Gas Offshore Rigs Exploration Capacity Demand, by Capacity
Oil & Gas Offshore Rigs Exploration Capacity Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Exploration Service Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Exploration Equipment Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Exploration Retail Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Production In-Service Units, by Capacity
Oil & Gas Offshore Rigs Production In-Service Units, by Region
Oil & Gas Offshore Rigs Production ARPU, by Capacity
Oil & Gas Offshore Rigs Production ARPU, by Region
Oil & Gas Offshore Rigs Production Capacity Demand, by Capacity
Oil & Gas Offshore Rigs Production Capacity Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Production Service Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Production Equipment Revenues ($M), by Capacity
Oil & Gas Offshore Rigs Production Retail Revenues ($M), by Capacity
Oil & Gas Pipeline Distribution In-Service Units, by Capacity
Oil & Gas Pipeline Distribution In-Service Units, by Region
Oil & Gas Pipeline Distribution ARPU, by Capacity
Oil & Gas Pipeline Distribution ARPU, by Region
Oil & Gas Pipeline Distribution Capacity Demand, by Capacity
Oil & Gas Pipeline Distribution Capacity Revenues ($M), by Capacity
Oil & Gas Pipeline Distribution Service Revenues ($M), by Capacity
Oil & Gas Pipeline Distribution Equipment Revenues ($M), by Capacity
Oil & Gas Pipeline Distribution Retail Revenues ($M), by Capacity

3. Mining Markets
Mining Markets Dashboard
Mining Markets Global Map
Mining Retail Revenues ($M), by Capacity (2017 vs. 2027)
Mining Retail Revenues ($M), by Segment (2017 vs. 2027)
Mining Market Addressable Market
Mining Retail Revenues ($M), Historical Comparisons
Mining Capacity Demand (TPEs), Historical Comparisons
Mining Capacity Demand (Gbps), Historical Comparisons
Mining Exploration & Construction In-Service Units, by Capacity
Mining Exploration & Construction In-Service Units, by Region
Mining Exploration & Construction ARPU, by Capacity
Mining Exploration & Construction ARPU, by Region
Mining Exploration & Construction Capacity Demand, by Capacity
Mining Exploration & Construction Capacity Revenues ($M), by Capacity
Mining Exploration & Construction Service Revenues ($M), by Capacity
Mining Exploration & Construction Equipment Revenues ($M), by Capacity
Mining Exploration & Construction Retail Revenues ($M), by Capacity
Mining Production & Closure In-Service Units, by Capacity
Mining Production & Closure In-Service Units, by Region
Mining Production & Closure ARPU, by Capacity
Mining Production & Closure ARPU, by Region
Mining Production & Closure Capacity Demand, by Capacity
Mining Production & Closure Capacity Revenues ($M), by Capacity
Mining Production & Closure Service Revenues ($M), by Capacity
Mining Production & Closure Equipment Revenues ($M), by Capacity
Mining Production & Closure Retail Revenues ($M), by Capacity

4. Utility Markets
Utility Markets Dashboard
Utility Market Global Map
Utility In-Service Units, by Segment (2017 vs. 2027)
Utility Market Addressable Market
Utility In-Service Units, Historical Comparisons
Utility Retail Revenues ($M), Historical Comparisons
Utility Capacity Demand (TPEs), Historical Comparisons
Utility Capacity Demand (Gbps), Historical Comparisons
Utility Electrical Generation In-Service Units, by Capacity
Utility Electrical Generation In-Service Units, by Region
Utility Electrical Generation ARPU, by Capacity
Utility Electrical Generation ARPU, by Region
Utility Electrical Generation Capacity Demand, by Capacity
Utility Electrical Generation Service Revenues ($M), by Capacity
Utility Electrical Generation Service Revenues ($M), by Capacity
Utility Electrical Generation Equipment Revenues ($M), by Capacity
Utility Electrical Generation Retail Revenues ($M), by Capacity
Utility Electrical T&D In-Service Units, by Capacity
Utility Electrical T&D In-Service Units, by Region
Utility Electrical T&D ARPU, by Capacity
Utility Electrical T&D ARPU, by Region
Utility Electrical T&D Capacity Demand, by Capacity
Utility Electrical T&D Capacity Revenues ($M), by Capacity
Utility Electrical T&D Service Revenues ($M), by Capacity
Utility Electrical T&D Equipment Revenues ($M), by Capacity
Utility Electrical T&D Retail Revenues ($M), by Capacity