NSR’s newest report forecasts 33,000+ satellites manufactured and launched in the next 10 years, primarily driven by non-GEO constellations Cambridge, MA – June 21st, 2022– NSR’s Global Satellite Manufacturing and Launch Markets, 12th Edition sees global satellite manufacturing and launch market positioned to generate $633B through the next decade. Primarily driven by non-GEO constellations, 33,000+ satellites.
COP26 in late 2021 saw several plans and promises being announced to address the climate crisis, many that touched upon themes related to deforestation, ocean resource protection and carbon emissions, among others. Countries agreed on rules for international carbon markets, pledged to end deforestation and land degradation, and to cut down on methane emissions. In.
In the article “Space companies use Earth-imaging satellites to combat climate change”, “The market eagerly awaits larger volumes of data and more services,” NSR said. “New technology, such as artificial intelligence and machine learning, will make Earth observation service even better and more accurate.”