In regards to adaptable satellites, “whether hardware updates for satellites materialize, speedy, frequent software updates are a goal for the industry.. “All manufacturers are going that way now, toward more versatile, software-designed satellites — Airbus, Lockheed Martin, many others,”
NSR’s Satellite Manufacturing and Launch Services, 9th Edition report finds despite a few slow years, 1,155 satellites over 500 kg are expected to be ordered, with 1,285 to be launched, in the next decade.
Satellite manufacturing and launch markets are evolving at rates never seen before. With a bevy of actors entering the satellite market at different levels of the value chain, the new dynamic is changing the way this industry measures growth – with the number of satellite orders and price/ kg losing relevance as market indicators. In.
SatelliteProMe: Satellite manufacturing and launch services market to generate $225bn in next decade: NSR report
NSR’s Satellite Manufacturing and Launch Services, 9th Edition (SMLS9) report forecasts a $225bn market opportunity over the next decade, driven by Situational Awareness and Earth Observation markets.