Tag: Euroconsult

The 2020s: The Space Exploration Decade with $260 Billion Invested by Governments

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Credit; Euroconsult

PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA (Euroconsult PR)  – According to Euroconsult’s latest research, “Prospects for Space Exploration”, global government investment in space exploration totalled nearly $20 billion in 2019, a 6% increase year-on-year. Thirty-one countries and space agencies lead this global investment with the U.S. accounting for 71% of spending. Funding for space exploration is forecast to increase to $30 billion by 2029, driven by Moon exploration, transportation, and orbital infrastructure. Approximately 130 missions are expected over the coming decade, compared to 52 missions conducted over the past 10 years.

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Euroconsult Research Projects Smallsat Market to Nearly Quadruple Over Next Decade

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Credit: Euroconsult

Paris, Washington D.C., Montreal, Yokohama, August 5, 2019 – According to Euroconsult’s newly released research, Prospects for the Small Satellite Market, the market for small satellite (smallsat) manufacturing and launch will grow from $12.6 billion in 2009-2018 to $42.8 billion in the coming decade from 2019-2028, nearly quadrupling in size.

While the growth is led by large constellations such as OneWeb, SpaceX’s Starlink and Amazon’s Project Kuiper, the findings show that the smallsat industry is highly diverse, with demand from a variety of operators, start-ups, universities, and countries.

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Government Funding in Space Exploration to Surpass $20 Billion by 2027

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Credit: Euroconsult

Boost in public and private initiatives in space exploration with a converging global interest in Moon exploration

Paris, Washington D.C., Montreal, Yokohama, September 27, 2018 – According to Euroconsult’s latest report, Prospects for Space Exploration, global government investment in space exploration totaled $14.6 billion in 2017, a 6% increase compared to 2016. Fifteen leading space programs worldwide are estimated to contribute to this global investment, with the U.S. accounting for 74% of the total.

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$30 Billion/Year Over Next Decade to Manufacture & Launch ~300 Satellites Annually

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Paris, Washington D.C., Montreal, Yokohama, October 11, 2017 – According to the 20th edition of the report Satellites to be Built & Launched, Euroconsult anticipates that 300 satellites with a mass over 50 kg will be launched on average each year by 2026 for government agencies and commercial organizations worldwide. This is a threefold increase over the past decade as the satellite market experiences a paradigm shift with the rise of small satellites and mega constellations, such as that of OneWeb.

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Smallsat Market Value to Reach $30 Billion in Coming Decade

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PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA, July 13, 2017 (Euroconsult PR) – According to Euroconsult’s latest report, Prospects for the Small Satellite Market, significant expansion in terms of capabilities and demand is underway in the smallsat market. Over 6,200 smallsats are expected to be launched over the next ten years, a substantial augmentation over that of the previous decade (several mega constellations are now included within the scope of this report). The smallsat market from 2017-2026 will be driven by the roll-out of multiple constellations accounting for more than 70% of this total, mainly for commercial operators.

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Commercial Military Satellite Communications Capacity Revenues & Demand Stabilizing After Period of Decline

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PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA, March 2, 2017 (Euroconsult PR) – According to Euroconsult’s soon-to-be-released report, SatCom for Defense & Security: Strategic Issues & Forecasts, global military demand for commercial satellite capacity has fallen by an estimated 20% from a peak of 12.5 GHz in 2011 following tremendous growth over the previous decade, due in large part to lower usage of the U.S. DoD.

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20 New Countries to Invest in Space Programs by 2025

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euroconsultAround 130 satellites forecast to be launched by emerging space programs in next 10 years

PARIS, WASHINGTON D.C., MONTREAL, YOKOHAMA (Euroconsult PR) – According to Euroconsult’s latest report, Trends & Prospects for Emerging Space Programs, 24 countries are identified as emerging space programs (ESPs) in 2015 having launched a total of 69 satellites in the last 20 years. As satellite technology has become more accessible and affordable, the number of countries investing in their first satellite system has increased dramatically. 2015 set an all-time record with nine satellites launched, confirming the dynamism of this market.

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Report: 3,600 Smallsats to Clog Space in Next 10 Years

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Eight small-sized satellites total a big bonus for science. The Edison Demonstration of Smallsat Networks (EDSN) mission was to have used a swarm of small spacecraft to carry out scientific measurements. (Credit: NASA Ames Research Center)
Eight small-sized satellites total a big bonus for science. The Edison Demonstration of Smallsat Networks (EDSN) mission was to have used a swarm of small spacecraft to carry out scientific measurements. (Credit: NASA Ames Research Center)

$22 Billion Smallsat Market Forecast

Paris, Washington D.C., Montreal, Yokohama, July 7, 2016 (Euroconsult PR) — According to Euroconsult’s latest report, Prospects for the Small Satellite Market, we are on the cusp of a major revolution for the space sector and overall space ecosystem, as more than 3,600 smallsats are expected to be launched over the next ten years, a significant increase from the previous decade.

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Government Investment in Space to Top $80 Billion by 2024

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Earth_from_OrbitNew growth cycle expected with 856 government satellites
planned for launch by end of decade

Paris, Washington D.C., Montreal, Yokohama, October 28, 2015 (Euroconsult PR) – According to Euroconsult’s newly released report, Government Space Programs: Strategic Outlook, Benchmarks & Forecasts, a new growth cycle in government space spending is expected to start and average 2.1% over the next ten years worldwide, reaching $81.4 billion by 2024.

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UrtheCast Wins Strategic Transaction of the Year Award

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urthecast-logoVANCOUVER (UrtheCast PR) — We’re pleased to announce that UrtheCast has been awarded the Euroconsult prize for ‘Strategic Transaction of the Year’. The award was presented today, Sept. 18, during the 2015 Summit on Earth Observation Business in Paris, as part of the World Satellite Business Week Event.

The event is considered to be the pre-eminent space industry conference in the world with over 40 countries taking part, representing 95% of the satellite industry. The prize was awarded to UrtheCast for the July acquisition of the Deimos Imaging satellites and operations.

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Euroconsult Forecasts Increase in Satellite Launches

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euroconsultPARIS, WASHINGTON, MONTREAL, YOKOHAMA, August 25, 2015 — According to Euroconsult’s newly released report, Satellites to be Built & Launched by 2024, 140 satellites with launch mass over 50 kg will be launched on average each year over the next decade for governments and commercial companies. In comparison with last year’s forecast, the number of satellites is due to grow more than the market value over the decade.

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Euroconsult Sees Large Market for Smallsats

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CubeSat
CubeSat

Paris, Washington D.C., Montreal, Yokohama (Euroconsult PR) — According to Euroconsult’s newly released research titled Prospects for the Small Satellite Market, a total of 510 small satellites, or smallsats (meaning nanosats, cubesats, microsats and minisats) are to be launched in the next five years, a two-third increase in the average number of smallsats per year versus that of the past decade. This total includes 14 constellations of different sizes and capabilities that represent a total of 140 satellites.

75% of the 510 satellites to be launched during the next five years will be for government civil and defense agencies. Growth in government demand will be stronger than in the commercial world where a total of 130 satellites are expected.

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Forecast: 1,155 Satellites to be Built & Launched Through 2023

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euroconsultPARIS, MONTREAL, WASHINGTON D.C. (Euroconsult PR) – According to Euroconsult’s newly released research report, Satellites to be Built & Launched, 115 satellites will be launched on average yearly over the next decade (2014-2023). In comparison with last year’s forecast, the number of satellites is stable while market value is growing, thus translating the growing economic importance of the sector, for both governments and commercial satellite companies.

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Global Space Spending Suffered Slight Decline in 2013

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euroconsultParis, Montreal, Washington D.C., February 13, 2014 (Euroconsult PR) — According to Euroconsult’s newly released research report, Profiles of Government Space Programs, global budgets for space programs dropped to $72.1 billion in 2013 following peak spending at $72.9 billion in 2012. This is the first time since 1995 that public space programs worldwide have entered a downward trend, a direct result of the cyclical nature of countries’ investment in space-based infrastructures combined with governments’ belt-tightening efforts during tough economic times.

“Nevertheless, the current global context for public space programs shows many positive signs brought by new leading space nations and an ever-growing number of countries who have initiated plans to build up their space-based capabilities. We anticipate government space spending to recover in the second part of the decade in many countries currently experiencing intense budget pressure,” said Steve Bochinger, COO at Euroconsult and Editor of the report.

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Euroconsult Releases Hosted Payloads Report

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Paris & Montreal (Euroconsult PR) – Euroconsult, the leading international research and analysis firm specialized in the satellite & space sectors, has announced the launch of its latest research report, “Hosted Payloads: The View From Within.”

Following discussions with the Hosted Payload Alliance (HPA), Euroconsult decided to pursue development of the report in order to identify and assess corresponding and conflicting perspectives from the key stakeholder groups directly involved in hosted payload programs. Based on an exhaustive survey, the views of eight key stakeholder groups were examined on the basis of risks, opportunities, challenges and requirements related to hosted payloads.

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