NSR’s Latest Report Projects $235.2 Billion Constellation Opportunity Across Expanding Satcom & EO Segments
COTS Usage and Reusable Launch Vehicles Enable Solid Constellation Growth over the Next Decade
Cambridge, MA– March 16, 2022- NSR’s newly released Constellations Market Assessment: SATCOM & EO, 4th Edition report finds Satellite Constellations positioned to generate $235.2 Billion in revenue across Satcom & EO segments. COTS usage (commercial-off-the-shelf) components and launch reusability are key technology innovations shaping the 17% CAGR Growth for the Satcom and EO Constellation Market.
Usage of COTS components has opened up the Space Industry value chain, enabling rapid space asset production, while achieving fractional costing benefits. On the launch side, the usage of reusable vehicles enables low-cost access to space. Smaller launch vehicles have also entered or are planning to enter the market with low-cost flexible solutions for constellations or small satellite operators widening the potential player field.
“As business and technological challenges are met and overcome, the constellation business case strengthens,” states NSR report author Vivek Suresh Prasad. “While upstream market price and production challenges are close to resolution, the largest opportunity currently lies in the downstream market, especially for the Consumer Broadband segment where most players are targeting opportunity capture.”
Challenges remain in the midstream market, a critical junction in-orbit assets and end-users, where higher flat panel antenna (FPA) prices continue, delaying constellation market growth. Sustainable midstream growth requires market gaps to be filled and regular investment. Short-term success will require long-term strategy to maintain and grow revenue.
Prasad concludes, “Significant recurring manufacturing and launch investments will be required for the constellation market, with demand for new and replacement installations every 3-7 years, depending on application and orbit. Overall, with steady infusions of investment meeting demand, the constellations market upwards trajectory is set to continue.”
About the Report
NRS’s Constellations Market Assessment: SATCOM & EO, 4th Edition report is the industry’s leading resource for evaluating the rapidly emerging satellite constellations sector. The report offers a 360° analysis of opportunity generation across applications, regions, and industry value chains within the Satcom and Earth Observation segments. With end-to-end Market assessments, CMA4 details the key players, drivers and challenges in this burgeoning sector.
For additional information on this report, 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.
Companies Mentioned in NSR’s CMA4:
Airbus, Amazon, Ariane Space, Astrocast, Atlas, Ball Aerospace, BlackSky, Boeing, Bridge Comm, Capella Space, CASC, CNSA, Collins Aerospace, Earthi, Fleet Space, Gilat, Hiber, ICEYE, Infostellar, Iridium, Isotropic Systems, ISRO, Kepler, KSAT, Kymeta, Maxar Technologies, OneWeb, Phasor, Planet, RBC Signals, Rocket Labs, Satellogic, SatixFY, SES, Spire, Starlink, SSC, Swarm, Telesat, Thales Alenia Space, and ThinKom.
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 high 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.
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