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.
As NSR stated, “With declining capacity prices, evolving manufacturing capabilities, accelerating development of technology, and innovative launch and service options, all in an environment of competitive dynamics, business case viability remains a challenge for all industry stakeholders. Innovative trends are emerging, manufacturers are achieving greater efficiencies and mission/payload flexibility, operators are choosing smaller satellites, and.
The COVID-19 pandemic triggered a slowdown of most operational activities along the satellite manufacturing value chain. In the early pandemic days, manufacturing facilities had to put their activities on hold, and launches were delayed due to the interdependence of actors in the supply chain from both sides and the restraints put on personnel movement. This.
In the launch industry, heavy launch vehicles have long dominated the landscape. Initially, this was driven by necessity, as satellites were very large, heavy, and required the most lift possible. However, with the trends towards smaller satellites driven by miniaturization of payloads, delegation of onboard capability across fleets and networks, and new constellations announced almost.