In a profoundly optimistic and interesting set of prognostications, Spaceflight Now reports on the outlook for the space industry. In short, most of it looks mighty fine. Here are some of the highlights forecast for the world-wide space industry.
Regarding meteorological and terrestrial observation satellites:
- Revenues at $1B in 2009 and could quadruple in a few years
- About 260 new satellites launched in the next decade, about double the 128 launched between 1998 and 2008
- Growth to $27.4B in the next decade versus $20.4 in the last decade
- Profits derived from space-based capabilities increasing at 16% per year for the next decade
- Thirty-four nations involved in satellite observation programs by 2018 versus eight in 1997
Regarding communications satellites:
- Average revenue growth of about five percent in the next five years
- More than 30 large new satcoms being produced with a value around $7.5B
- Twenty new satellites launched in the last 18 months for terrestrial digital TV
- 2800 new satellite TV channels appeared in 2008 bringing the total to 24000
- Satellite data transmission grew 10 percent in 2008
Regarding launch:
- 10-year forecast for launch vehicles at $48B–totals 636 launch vehicles
- The split: U.S 161; Russia, Ukraine, and China 306; Europe 92; India, Japan, and Israel 73
The bad news:
- U.S. Atlas 5 and Delta 4 launch vehicles largely priced out of the commercial market