GlobeNewswire: NSR’s Global Satellite Manufacturing & Launch Report Projects $633 Billion Market by 2031

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 are projected to be manufactured and launched by 2031. With over 150 satellite constellations in various phases of funding and development, this segment is critical to.

NSR’s Global Satellite Manufacturing & Launch Report Projects $633 Billion Market by 2031

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.

Satellite Manufacturing: What Drives the Market?

Non-GEO HTS is not going anywhere. Despite concerns over the business case, over a thousand Non-GEO HTS satellites have already been deployed by various players. Operators like OneWeb, SpaceX, Kuiper, and new, private ventures in China are the main drivers of a satellite market expecting over 24,000 assets to be launched by the end of.

Satellite Evolution Group: NSR report – NSR report: 24,700 satellites to be ordered and launched by 2030

NSR’s latest report, Global Satellite Manufacturing and Launch Markets, 11th Edition, sees post-pandemic rebound driven by constellations, innovative technologies, and new services offerings. Over the next ten years, satellite manufacturing and launch order volumes reach nearly 24,700. Upcoming deadlines for international regulatory filings, strong investments from public and private investors, and the associated capacity influx.