As we (thankfully) close the books on 2020 and look forward to a hopeful restart in 2021, NSR was asked to provide their top predictions for the space industry in 2021. The prognostications below cut across all segments of the industry, but all have one theme in common…
Market poised for rebound in medium-long term with 1,115 satellites of more than 500kg to be ordered over the next decade. The GEO market will see a steady transition, as manufacturers try to address the tailored requirements of operators.
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.