Global Satellite Manufacturing and Launch Market 2015-2019 (1)

2015-2019Global Satellite Manufacturing and Launch Market EMISPDF in-glim01 from 220.227.137.92 on 2015-10-11 10:05:08 BST. DownloadPDF. technavio insights Downloaded by in-glim01 from 220.227.137.92 at 2015-10-11 10:05:08 BST. EMIS. Unauthorized Distribution Prohibited. 2015-2019 Global Satellite Manufacturing and Launch Market Table of Contents 01. Executive Summary ........................................ 1 02. List of Abbreviations........................................ 2 03. Scope of the Report ........................................ 4 03.1 Market Overview .................................................... 4 03.2 Product and Service Offerings .............................. 4 04. Market Research Methodology..................... 5 04.1 Market Research Process ...................................... 5 04.2 Research Methodology ......................................... 5 05. Introduction ..................................................... 7 06. Market Landscape ....................................... 11 06.1 Market Size and Forecast .................................... 11 06.2 Five Forces Analysis ............................................. 17 07. Geographical Segmentation ....................... 19 07.1 Satellite Manufacturing and Launch Market in Americas ............................................................... 20 07.1.1 Market Size and Forecast......................................................... 20 07.2 Satellite Manufacturing and Launch Market in EMEA ...................................................................... 21 07.2.1 Market Size and Forecast......................................................... 21 EMISPDF in-glim01 from 220.227.137.92 on 2015-10-11 10:05:08 BST. DownloadPDF. technavio insights Downloaded by in-glim01 from 220.227.137.92 at 2015-10-11 10:05:08 BST. EMIS. Unauthorized Distribution Prohibited. 2015-2019 Global Satellite Manufacturing and Launch Market 07.3 Satellite Manufacturing and Launch Market in APAC ..................................................................... 23 07.3.1 Market Size and Forecast......................................................... 23 08. Buying Criteria............................................... 25 09. Market Growth Drivers .................................. 26 10. Drivers and Their Impact .............................. 29 11. Market Challenges ....................................... 31 12. Impact of Drivers and Challenges .............. 33 13. Market Trends................................................ 34 14. Trends and Their Impact ............................... 36 15. Vendor Landscape ....................................... 37 15.1 Competitive Scenario .......................................... 37 15.2 Other prominent vendors .................................... 38 16. Key Vendor Analysis..................................... 41 16.1 Airbus Defence and Space ................................. 41 16.1.1 Key Facts ..................................................................................... 41 16.1.2 Business Overview...................................................................... 41 16.1.3 Recent Developments ............................................................. 42 16.1.4 SWOT Analysis ............................................................................. 43 16.2 Boeing Defense, Space, and Security ............... 44 16.2.1 Key Facts ..................................................................................... 44 16.2.2 Business Overview...................................................................... 44 16.2.3 Product Segmentation ............................................................. 45 16.2.4 Business Strategy ........................................................................ 45 16.2.5 Recent Developments ............................................................. 46 EMISPDF in-glim01 from 220.227.137.92 on 2015-10-11 10:05:08 BST. DownloadPDF. technavio insights Downloaded by in-glim01 from 220.227.137.92 at 2015-10-11 10:05:08 BST. EMIS. Unauthorized Distribution Prohibited. ................................................................2015-2019 Global Satellite Manufacturing and Launch Market 16........................................... 55 17...... 54 16...3 Recent Developments ..........4 SSL .......92 at 2015-10-11 10:05:08 BST.... 53 16...... 48 16...................3........2...................... 51 16........... Unauthorized Distribution Prohibited..........4................ EMIS..........4.......................227..................................3........................6 Recent Developments .....5 Business Strategy ................................2 Business Overview.......................................6 SWOT Analysis ................................................ 50 16.137....3 Business Segmentation by Revenue 2014 ........3............................................................... .............. 52 16............... 47 16............ 49 16.227....................3.......................1 Key Facts ..................7 SWOT Analysis ............... 50 16......... 53 16...4 SWOT Analysis .........92 on 2015-10-11 10:05:08 BST.2 Business Overview.....................3...1 Key Facts ........... DownloadPDF..............................................................................3........................... 56 EMISPDF in-glim01 from 220.........4................4 Market Segmentation by Revenue 2014 .....3... 51 16........137...............3 Orbital ATK ............................ technavio insights Downloaded by in-glim01 from 220. Other Reports in this Series ....4........................................................................................ 53 16.... 48 16............ ................................................................. 8 Exhibit 3: Applications of Satellites ..................2015-2019 Global Satellite Manufacturing and Launch Market List of Exhibits Exhibit 1: Market Research Methodology...............92 at 2015-10-11 10:05:08 BST................ EMIS.......... 5 Exhibit 2: Satellite Industry Segments .................................................... 19 Exhibit 11: Satellite Manufacturing and Launch Market in Americas 2014-2019 ($ billions) .137......................................................... 11 Exhibit 6: Global Satellite Manufacturing and Launch Market 2014 and 2019 .......................................................................................... 23 EMISPDF in-glim01 from 220....92 on 2015-10-11 10:05:08 BST............................... ......................................................... Unauthorized Distribution Prohibited........... 13 Exhibit 7: Global Satellite Manufacturing and Launch Market 2014-2019 ($ billions).................137..............................227................................. 10 Exhibit 5: Global Satellite Manufacturing and Launch Market 2014-2019 ($ billions)......................................... 20 Exhibit 12: Satellite Manufacturing and Launch Market in EMEA 2014-2019 ($ billions)........... 14 Exhibit 8: Global Satellite Manufacturing Market 2014-2019 ($ billions) ............................................................ DownloadPDF.......................... 14 Exhibit 9: Global Satellite Launch Market 2014-2019 ($ billions) ................ 9 Exhibit 4: Satellite-based Services .......... 21 Exhibit 13: Satellite Manufacturing and Launch Market in APAC 2014-2019 ($ billions) ........ technavio insights Downloaded by in-glim01 from 220.................................................. 15 Exhibit 10: Segmentation of Market by Geography 2014 and 2019 ......227...................... ....... 38 Exhibit 15: Boeing Defense............... EMIS.. Space.............. 50 Exhibit 17: Orbital ATK: Market Segmentation by Revenue 2014 . and Security: Product Segmentation 2013 ...............137...137......................... Unauthorized Distribution Prohibited................ ........................227................................. 45 Exhibit 16: Orbital ATK: Business Segmentation by Revenue 2014 ............ technavio insights Downloaded by in-glim01 from 220.................. DownloadPDF..227...........92 on 2015-10-11 10:05:08 BST...........92 at 2015-10-11 10:05:08 BST....... 50 EMISPDF in-glim01 from 220........................2015-2019 Global Satellite Manufacturing and Launch Market Exhibit 14: Key Vendors.................................................................. 92 at 2015-10-11 10:05:08 BST.137.87% APAC: 29. Unauthorized Distribution Prohibited. .72% EMEA: 34. and Security Orbital ATK Space Systems Loral (SSL) EMISPDF in-glim01 from 220.97% CAGR  5. Executive Summary Market Size   2014: $21. EMIS. Space.14% Key Geographies    Americas: 35.92 on 2015-10-11 10:05:08 BST.64% 2019: 17. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.137.81 billion 2019: $28.02 billion Market Growth Rate   2014: 6. DownloadPDF.227.227.41% Key Customer Segments    Civil/Government Bodies Commercial Organizations Military and Defense Industry Key Market Drivers      Growing Utilization for Military and Defense Applications Increased Application in Telemetry Increased Demand in Commercial Applications Low-cost Solutions through Nano and Microsatellites Technological Innovation in Electronics Key Market Challenges      Defense Budget Cuts Design and Manufacturing Difficulties Growing Issues of Space Debris Launch Delays Satellite Deorbiting Issues Key Market Trends     All-electric Propulsion System for Satellites Development of Reusable Space Launch Vehicles Progression toward Low-cost Satellite-based Internet Services Use of 3D Printing Technology Key Buying Criteria     Capabilities as per Mission Requirement Low Cost to Build and Operate Reliability Size and Weight Key Vendors     Airbus Defence and Space Boeing Defense.Global Satellite Manufacturing and Launch Market 2015-2019 1 01. Computers. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.227. Control. . Communications.137. Intelligence.227. EMIS.92 at 2015-10-11 10:05:08 BST. Surveillance. and Reconnaissance ISRO - Indian Space Research Organization EMISPDF in-glim01 from 220. and Reconnaissance CAD - Computer-aided design CDR - Critical design review CST - Crew Space Transportation DoD - Department of Defense EDRS C - European Data Relay Satellite C ELV - Expendable launch vehicle ESA - European Space Agency EU - European Union FAA - Federal Aviation Administration FCC - Federal Communications Commission GEO - Geostationary Earth orbit GLONASS - Global Navigation Satellite System GPS - Global Positioning System GSO - Geosynchronous Orbit IADC - Inter-Agency Space Debris Coordination Committee IFF - Identification Friend-or-foe ISR - Intelligence.92 on 2015-10-11 10:05:08 BST.Global Satellite Manufacturing and Launch Market 2015-2019 2 02. Surveillance. Unauthorized Distribution Prohibited. List of Abbreviations AIS - Automatic Identification System C4ISR - Command. DownloadPDF.137. Global Satellite Manufacturing and Launch Market 2015-2019 JMR TD - Joint Multi-role Technology Demonstrator LEO - Low Earth orbit M2M - Machine to machine MEMS - Microelectromechanical systems MRTT - Multi Role Tanker Transport NASA - National Aeronautics and Space Administration NAVSTAR - Navigation Satellite Timing and Ranging System SBIRS - Space-based Infrared System SLS - Space launch systems UAS - Unmanned aerial systems UAV - Unmanned aerial vehicle UN - United Nations USAF - US Air Force EMISPDF in-glim01 from 220. 3 Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. Unauthorized Distribution Prohibited. DownloadPDF.92 at 2015-10-11 10:05:08 BST.92 on 2015-10-11 10:05:08 BST.227. EMIS. .137.137.227. We also present the market landscape and a corresponding detailed analysis of the prominent vendors. In addition.Global Satellite Manufacturing and Launch Market 2015-2019 4 03. . 03. and identifies the key trends in the market.92 at 2015-10-11 10:05:08 BST. We provide a global overview as well as growth prospects by region (the Americas.2 Product and Service Offerings Company Products and Services Offered Airbus Defense and Space      Access and management of geodata Base maps Geo-intelligence platforms and software Monitoring services Satellite imagery Boeing Defense. EMIS. Unauthorized Distribution Prohibited.227.227.92 on 2015-10-11 10:05:08 BST. outlines the challenges faced by vendors and the market as a whole. and EMEA). APAC. Technavio covers the present scenario and the growth prospects of the global satellite manufacturing and launch market for the period 2015-2019.137.1 Market Overview In this report. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.137. DownloadPDF. and Security    GPS Satellite systems Satellite launch systems Orbital ATK      Communication satellites Hosted payloads Science and environmental satellites SLS Space systems SSL     Digital audio radio satellites Direct broadcast satellites Fixed satellite services Mobile satellite services Space. EMISPDF in-glim01 from 220. the report discusses the major drivers influencing market growth. Scope of the Report 03. Global Satellite Manufacturing and Launch Market 2015-2019 5 04. Unauthorized Distribution Prohibited. The qualitative analysis involved primary interviews. Market Research Methodology 04. DownloadPDF.92 on 2015-10-11 10:05:08 BST.1 Market Research Process Technavio has collected and analyzed key data related to the global satellite manufacturing and launch market using a variety of methods. . The market dynamics have been determined following a detailed study of the microeconomic.227. 04.92 at 2015-10-11 10:05:08 BST. The quantitative analysis involved the application of various projection and sampling techniques.137. and macroeconomic indicators of the market.137.227. surveys. Exhibit 1: Market Research Methodology Global Satellite Manufacturing and Launch Market 20152019 Source: Technavio Research EMISPDF in-glim01 from 220.2 Research Methodology This report is based on in-depth qualitative and quantitative analyses of the global satellite manufacturing and launch market. mesoeconomic. EMIS. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. The data gathered as a result of these processes were validated by experts. and vendor briefings. Technavio has provided a comprehensive analysis of the varied aspects of the market.227.227. EMISPDF in-glim01 from 220.137. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. The impact of global economic conditions and other macroeconomic indicators were also considered when assessing the market.92 at 2015-10-11 10:05:08 BST. . DownloadPDF.Global Satellite Manufacturing and Launch Market 2015-2019 6 Based on the research results and technical insights gathered.137.92 on 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited. EMIS. 87% and APAC with a share of 29. remote sensing. . or remote sensing satellites.72%. and so on. The development of all-electric propulsion systems for satellites and reusable space launch vehicles will contribute significantly to market growth. sun-synchronous orbit satellites.41%. Based on size. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. which is one of the primary end users of satellites. followed by EMEA with a share of 34. The use of nano and microsatellites in the development of low-cost satellite-based Internet services will also open up opportunities for the market. Increased demand for satellite-based telemetry applications also contributes to market growth. pico. Unauthorized Distribution Prohibited. safety. the Americas led the market with a share of 35.227.14% during the forecast period. Its use in the building of satellite parts and components will reduce costs significantly and even enable the construction of miniaturized satellite components in space.137. The increase of space debris is another hindrance in the market. satellites are categorized as large. nano. They may be classified as communications satellites. DownloadPDF. However. Along with the growing use of UAVs and modern equipment. The growing utilization of satellites for military surveillance and other defense applications has been pushing market growth. and geosynchronous satellites. and certification requirements for the design and build. the military also needs more data bandwidth and reliable communication infrastructure. eliminating the need to launch from Earth. They are designed according to their intended applications. Budget cuts in the military and defense sector. EMIS. and femto. The demand for these satellites for commercial applications such as GPS services and the Internet has also increased. 3D printing technology is expected to give market growth considerable traction.137. surveillance.92 at 2015-10-11 10:05:08 BST. In 2014. there are many design and manufacturing complexities associated with satellites. micro. telemetry. EMISPDF in-glim01 from 220. also hamper market growth. According to the orbit that they are in. navigation satellites. especially in Europe and the US. They need to be reliable and capable of withstanding the harsh conditions of their launch and the extreme environments of outer space while also considering the prohibitive cost. mini. reconnaissance satellites.Global Satellite Manufacturing and Launch Market 2015-2019 7 05. they are also classified as LEO satellites.227. Introduction Satellites are launched into space to provide services such as communications. medium-sized. We expect the global satellite manufacturing and launch market to grow at a CAGR of 5.92 on 2015-10-11 10:05:08 BST. 92 at 2015-10-11 10:05:08 BST.227. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 on 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited. .Global Satellite Manufacturing and Launch Market 2015-2019 Exhibit 2: 8 Satellite Industry Segments Ground Equipment Satellite Services Satellite Industry Satellite Launch Industry Satellite Manufacturing Industry Source: Technavio Research EMISPDF in-glim01 from 220.227.137.137. DownloadPDF. EMIS. 92 at 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited.92 on 2015-10-11 10:05:08 BST. DownloadPDF.137.137. .227.Global Satellite Manufacturing and Launch Market 2015-2019 Exhibit 3: 9 Applications of Satellites Commercial Communications Government Communications Meteorology Military Surveillance Navigation R&D and Space Sciences Remote Sensing Source: Technavio Research EMISPDF in-glim01 from 220. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. EMIS.227. .92 on 2015-10-11 10:05:08 BST. EMIS. and remote-sensing services segment. mobile satellite services. and is followed by the fixed-satellite services.92 at 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited. consumer satellite services is the largest segment. DownloadPDF. driven by growth in emerging markets.137.227. Increased demand for satellite TV services. EMISPDF in-glim01 from 220. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. respectively.227.Global Satellite Manufacturing and Launch Market 2015-2019 Exhibit 4: 10 Satellite-based Services •Satellite Television •Satellite Radio •Satellite Internet •Spaceflight Management Services •Transponder Agreements Consumer Satellite Services FixedSatellite Services Remotesensing Services Mobile Satellite Services •Imaging Services •Remote Sensing Applications •Mobile Data •Mobile Voice Source: Technavio Research In terms of market size. has contributed considerably to demand in the market.137. 137.14%. EMIS.227. for instance.137. the growing demand for satellite-based infrastructure in emerging countries such as China and India has contributed to the development of the market in APAC.92 at 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited. has revolutionized the satellite industry. EMISPDF in-glim01 from 220. . Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.1 Market Size and Forecast The global satellite manufacturing and launch market was valued at $21. Europe and North America have been at the forefront of the market in terms of development and launch of satellites.92 on 2015-10-11 10:05:08 BST. Advances in the technology of nano and microsatellites have not only enabled markets in developing countries to enhance their satellite infrastructure but have also opened up new opportunities in those markets.Global Satellite Manufacturing and Launch Market 2015-2019 11 06.227. However. Market Landscape 06.81 billion in 2014 and will likely reach $28. and military sectors. Exhibit 5: Global Satellite Manufacturing and Launch Market 2014-2019 ($ billions) Source: Technavio Research There is increased demand for satellites from the civil/government. growing at a CAGR of 5. CubeSat. commercial. The low cost of manufacturing such satellite systems has made it possible for universities and research institutes to build and test satellite systems that use off-the-shelf electronic components. DownloadPDF.02 billion by 2019. EMIS.227. Unauthorized Distribution Prohibited.227.137.137. However.92 at 2015-10-11 10:05:08 BST. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.Global Satellite Manufacturing and Launch Market 2015-2019 12 The emergence of nano and microsatellites has helped the market grow in terms of number of satellites. DownloadPDF. . they currently constitute only a small portion of the market in terms of revenue. EMISPDF in-glim01 from 220.92 on 2015-10-11 10:05:08 BST. 227. the US. the manufacturing base of satellites is likely to expand to more regions. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 at 2015-10-11 10:05:08 BST. Many developing countries have shown interest in the development and utilization of satellites such as CubeSat. The satellite launch market will likely grow to 28. DownloadPDF.92 on 2015-10-11 10:05:08 BST.04%. EMISPDF in-glim01 from 220.96% of the market while satellite launch constituted the remaining 25. EMIS.227.137. The entry of private players in the lucrative space launch business (most notably in the US) and new technological developments in this field are expected to boost market growth.98% by 2019. with the demand for nano and microsatellites on the rise.Global Satellite Manufacturing and Launch Market 2015-2019 Exhibit 6: 13 Global Satellite Manufacturing and Launch Market 2014 and 2019 Source: Technavio Research In 2014. However. Japan and a few European countries have a stronghold in satellite manufacturing. Currently.137. China. Russia. revenue from satellite manufacturing constituted 74. Unauthorized Distribution Prohibited. . 137.227. DownloadPDF. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 at 2015-10-11 10:05:08 BST.227. Unauthorized Distribution Prohibited.137. .Global Satellite Manufacturing and Launch Market 2015-2019 Exhibit 7: 14 Global Satellite Manufacturing and Launch Market 2014-2019 ($ billions) Source: Technavio Research Exhibit 8: Global Satellite Manufacturing Market 2014-2019 ($ billions) Source: Technavio Research EMISPDF in-glim01 from 220.92 on 2015-10-11 10:05:08 BST. EMIS. In 2013.137. The US is the single largest manufacturer of satellites worldwide and constitutes 70% of the global satellite manufacturing market. EMISPDF in-glim01 from 220.5% of the satellite manufacturing market in terms of revenue in 2014. The emergence of nano and microsatellites has also contributed to market growth.Global Satellite Manufacturing and Launch Market 2015-2019 15 In terms of revenue. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. the US for 23. However. satellites for military surveillance. as per the data available on space launch schedule for the year. as a result. In 2015. . the space launch industry is affected by regional/global economic conditions. the US. Most of the satellite manufacturing revenue in the US is generated from government contracts. China. Unauthorized Distribution Prohibited. commercial communications. EMIS. 173 launches are expected. These small satellites constitute a major portion in terms of number of units. However. and Japan are the other major satellite manufacturers.227. Russia. there were 81 space launches worldwide.137. and China are the three major markets for space launch activities worldwide.92 at 2015-10-11 10:05:08 BST. it represented only 4. DownloadPDF. and civil/military communications constituted a major portion of the overall market. Europe. There were 92 space launches worldwide in 2014: Russia accounted for 36.92 on 2015-10-11 10:05:08 BST. there have been fluctuations in the total number of space launches in the past.227. and China for 16. Exhibit 9: Global Satellite Launch Market 2014-2019 ($ billions) Source: Technavio Research Russia. Technical issues and weather conditions also affect the number of launches. 227.92 at 2015-10-11 10:05:08 BST. the US. However.137. Unauthorized Distribution Prohibited.227. primarily for maritime surveillance missions.137. and future space launch schedules. drilling platforms. current market insights. and French Guiana. the share of the space launch market will likely decline in 2016 and 2017. These satellites are intended for use in the monitoring of ships. coastal resources. EMISPDF in-glim01 from 220. DownloadPDF. the market is expected to rebound in 2018 and 2019. especially because of the increased number of space launch activities in Kazakhstan.Global Satellite Manufacturing and Launch Market 2015-2019 16 As per historical space launch events. .92 on 2015-10-11 10:05:08 BST. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. and assessing and analyzing natural disasters. China is also planning the launch of several satellites by 2019. EMIS. EMISPDF in-glim01 from 220.2 Five Forces Analysis Bargaining Power of Suppliers (High) The availability of technologically advanced solutions and the need for regulatory compliance enhances the bargaining power of leading vendors that possess patented technologies and meet specific aerospace application requirements.. materials. The market has been growing. Threat of Rivalry (High) There is strong competition among existing satellite manufacturers in terms of cost of products and advances in technology.137. However. Unauthorized Distribution Prohibited. Threat of new entrants (Moderately high) New players. are increasingly entering the market.92 at 2015-10-11 10:05:08 BST. e. buyers do not have control over product costs.92 on 2015-10-11 10:05:08 BST. especially from APAC.227. . GBAS).g. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.227. DownloadPDF.137. and parts.Global Satellite Manufacturing and Launch Market 2015-2019 17 06. Bargaining Power of Buyers (Moderate) There are many vendors that provide satellite systems. Threat of Substitutes (Low) Along with advances in technology. which decreases the threat of substitutes (such as ground based systems. the use of satellites has also grown among users ranging from communications to telemetry. EMIS. 227.227. EMIS.Global Satellite Manufacturing and Launch Market 2015-2019 18 Key The impact of the five forces is graded on the basis of the intensity and duration of their influence on the current market landscape.137.137. with radical influence on growth of market EMISPDF in-glim01 from 220.92 on 2015-10-11 10:05:08 BST. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. . The magnitude of the impact has been categorized as described below:  Low: Negligible or no impact on market growth  Moderate: Medium-level impact on market growth  Moderately High: Significant impact on growth of market  High: Very high impact. DownloadPDF.92 at 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited. . EMIS.Global Satellite Manufacturing and Launch Market 2015-2019 19 07. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 at 2015-10-11 10:05:08 BST. DownloadPDF.137. Unauthorized Distribution Prohibited.227.227.92 on 2015-10-11 10:05:08 BST. Geographical Segmentation Exhibit 10: Segmentation of Market by Geography 2014 and 2019 Source: Technavio Research EMISPDF in-glim01 from 220.137. Global Satellite Manufacturing and Launch Market 2015-2019 20 07. In the US.70%. mainly for navigation. Unauthorized Distribution Prohibited.137.92 at 2015-10-11 10:05:08 BST. DownloadPDF. SpaceX has been working on the development of reusable space launch vehicles that can be used for multiple satellite launch missions. communications. and spy satellites. EMISPDF in-glim01 from 220. Exhibit 11: Satellite Manufacturing and Launch Market in Americas 2014-2019 ($ billions) Source: Technavio Research The US and Canada are the major markets in the Americas for space-based programs. Furthermore. SpaceX is planning to launch a series of experimental communication satellites. This will further reduce the costs associated with the launch of satellites and open up new opportunities to provide low-cost satellite-based services. the demand from the military and defense sector has been increasing. For example.227. growing at a CAGR of 3.227. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.1 Satellite Manufacturing and Launch Market in Americas 07.79 billion in 2014 and will likely reach $9.137.92 on 2015-10-11 10:05:08 BST.1 Market Size and Forecast The market was valued at $7. .34 billion by 2019.1. Both countries have advanced infrastructures and are involved in various space programs. NASA and SpaceX in the US are developing new systems that are expected to meet the growing demand for satellites in the future. its fully reusable launch systems are expected to reduce the cost of space access. The markets in Brazil and Argentina also contribute to the growth of the market in the Americas. EMIS. along with the emergence of countries with satellite launch capabilities in other parts of Europe.227. The Guiana Space Center is based in French Guiana and is a primary space launch site for the ESA. Russia. and Norway are the leading markets in this region. growing at a CAGR of 3. It also pays around $115 million per year to Kazakhstan to use the country's Soviet-era satellite launch sites. Exhibit 12: Satellite Manufacturing and Launch Market in EMEA 2014-2019 ($ billions) Source: Technavio Research The market in Europe has high technological capabilities and has the needed infrastructure for space launch missions. Germany. Ukraine.137. Russia has been collaborating with the EU to launch satellites on Soyuz rockets from a Russian-built site located in French Guiana.61 billion in 2014 and will likely reach $9. Italy. Spain.227. . Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.87%.92 on 2015-10-11 10:05:08 BST.2. It is ideal for space launch missions because it provides access to an ocean buffer zone EMISPDF in-glim01 from 220. the UK. The ESA contributes to the development of satellite-based infrastructure and space launch missions.Global Satellite Manufacturing and Launch Market 2015-2019 21 07.92 at 2015-10-11 10:05:08 BST. However. DownloadPDF. EMIS.1 Market Size and Forecast The market was valued at $7. France.137. Unauthorized Distribution Prohibited.2 Satellite Manufacturing and Launch Market in EMEA 07.20 billion by 2019. Russia has now expanded its collaboration with the EU for new market opportunities. Russia is the leader in commercial space launches in the region and operates many spaceports. Many Russian and European rockets have been launched from this site.227. Africa is currently a small market and lacks adequate technological capabilities and infrastructure. Saudi Arabia. it is likely that Africa will become one of the important markets for low-cost satellite-based Internet services in the near future.227.137. Unauthorized Distribution Prohibited. An increase in demand for communication and other satellite-based services will also drive the potential of the market.137. EMIS. . Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 at 2015-10-11 10:05:08 BST. Israel. and UAE are some of the major markets in the Middle East.Global Satellite Manufacturing and Launch Market 2015-2019 22 (ocean buffer zone reduces risks related to launching over populated areas). However. EMISPDF in-glim01 from 220.92 on 2015-10-11 10:05:08 BST. DownloadPDF. Wenchang. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.3 Satellite Manufacturing and Launch Market in APAC 07.41 billion in 2014 and will likely reach $9. However.Global Satellite Manufacturing and Launch Market 2015-2019 23 07.1 Market Size and Forecast The market was valued at $6. Emerging countries are also investing in the development of technology and to improve satellite-based infrastructure capabilities. growing at a CAGR of 8. has emerged as one of the leading commercial space launch providers in the region.14%.92 on 2015-10-11 10:05:08 BST. and Xichang Satellite Launch Center. DownloadPDF.137. and also for UAVs. Australia. along with the growing market and the government's future space plan.137. Japan. the growing military in these countries demand reliable satellite-based infrastructure for communications and data bandwidth for ground-based military operations. China. China Aerospace Science and Technology Corporation is key to the Chinese space program. Taiyuan. . design and development of space launch vehicles and satellites among others. Xichang Satellite Launch Center is the major site for commercial satellite launches from China. and South Korea are the major markets in the region that have the necessary satellite manufacturing and launch capabilities.48 billion by 2019. Taiwan.227. The company is involved in research.227. the country is expanding the Wenchang EMISPDF in-glim01 from 220. India. China. There are four space launch centers in China: Jiuquan.3. Unauthorized Distribution Prohibited.92 at 2015-10-11 10:05:08 BST. Exhibit 13: Satellite Manufacturing and Launch Market in APAC 2014-2019 ($ billions) Source: Technavio Research The market in APAC is the fastest growing worldwide. in particular. EMIS. Also. and development of the industry. EMIS.92 on 2015-10-11 10:05:08 BST. which is the first private company in India to manufacture satellites.137. testing. and operation of small indigenous satellite platforms. and are expected to make the first flight in 2016.227. The country's Long March 5 and Long March 7 rockets are capable of launching payloads of up to 25 tons and 13. as there is huge demand for such satellite services.5 tons.137. DownloadPDF.227. The company focuses on the development. assembly.92 at 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited. China has also made efforts to develop its space capabilities. This has paved the way for the rise of companies such as Dhruva Space. EMISPDF in-glim01 from 220. . Along with the strengthening economy. respectively. The country is also allowing an increasing number of private players to enter the satellite manufacturing market. This move is expected to further open the market for new entrants. India has mainly been targeting the communications satellite business. India has also been pushing extensively for the development of its space capabilities.Global Satellite Manufacturing and Launch Market 2015-2019 24 Satellite Launch Center for future commercial satellite launches. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. Satish Dhawan Space Center of ISRO is the major satellite launch station in India. innovation. and increase the competition. 227. Satellite systems should be of high quality and able to handle mission-specific objectives. Larger satellites as well as nano and microsatellites should provide cost-effective solutions. EMIS. . with radical influence on growth of market EMISPDF in-glim01 from 220. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. Unauthorized Distribution Prohibited. The magnitude of the impact has been categorized as described below:  Low: Negligible or no impact on market growth  Moderate: Medium-level impact on market growth  High: Very high impact.227.92 on 2015-10-11 10:05:08 BST.137.25 Global Satellite Manufacturing and Launch Market 2015-2019 08.92 at 2015-10-11 10:05:08 BST. Size and weight should be optimized at the design stage to reduce manufacturing and launch costs. DownloadPDF. Buying Criteria Parameters Capabilities Low Cost to Build and Operate Reliability Size and Weight Customer Segments Details Satellites should meet the specific mission requirements of the end users. Significance Attached Civil/Government Bodies Low Commercial Organizations Low Military and Defense Industry Low Civil/Government Bodies Low Commercial Organizations Low Military and Defense Industry Low Civil/Government Bodies Low Commercial Organizations Low Military and Defense Industry Low Civil/Government Bodies Low Commercial Organizations Low Military and Defense Industry Low High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 High High High High High High High High High High High Key The impact of the buying criteria is graded on the basis of the intensity and duration of their influence on the current market landscape.137. military and defense forces are now utilizing commercial satellite infrastructure in addition to their own satellites. They are also using more nano and microsatellites. An orbiting satellite receives radio signals from transmitters attached to the target and transmits these to ground stations. EMISPDF in-glim01 from 220. The US also uses SBIRS reconnaissance satellites. EMIS. These systems are being upgraded with dual-band telemetry and tracking and communications capabilities. government. For instance. Based on the transmitted signal. Increased Application in Telemetry Satellite telemetry is used for civil. Sufficient satellite-based infrastructure can provide access to near-real-time information and imagery. Satellite telemetry is also being widely used for military and defense applications.  Growing Utilization for Military and Defense Applications  Increased Application in Telemetry  Increased Demand in Commercial Applications  Low-cost Solutions through Nano and Microsatellites  Technological Innovation in Electronics Growing Utilization for Military and Defense Applications Military and defense forces worldwide require satellite capabilities to meet the demand for more operationally responsive forces. DownloadPDF.227. such as in aerial reconnaissance operations. as large constellations of such satellites can be launched at low costs while providing the required services. this means increased data transfer and bandwidth requirements. Unauthorized Distribution Prohibited.137. Market Growth Drivers Some of the drivers of the global satellite manufacturing and launch market are discussed below. depth. commercial. the US uses satellite telemetry to provide satellite tracking and communicate with military personnel or vehicles through ground-based antennas. and light in the target's environment. The use of real-time flight and surveillance data via satellite in UAVs and other military vehicles and equipment has increased. which provide strategic ballistic missile warning capabilities. the US Department of Defence launched 29 CubeSats to explore their potential in military operations. and geometrically determine the location of the transmitter. and military applications. . especially in terms of communication and positioning. such as animals or birds when studying their migration. in 2013. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. For example.Global Satellite Manufacturing and Launch Market 2015-2019 26 09. For example. researchers can calculate the distance between the transmitter and the satellite.137. To cater to these requirements. Sensors fitted to the transmitter allow researchers to obtain additional information such as temperature.92 on 2015-10-11 10:05:08 BST.227. researchers use satellite telemetry to track the movement of specific targets.92 at 2015-10-11 10:05:08 BST. DownloadPDF.137. Unauthorized Distribution Prohibited. Companies can now enter the market and provide diverse on-demand services (such as commercial satellite imagery based services) based on the utilization of large as well as smaller satellites. In addition. Global navigational services such as GPS are supported by only a few satellite systems such as the US NAVSTAR GPS and the Russian GLONASS system. the increased utilization of commercial satellite platforms for dual (military and civil) purposes has also boosted the need for satellites. These smaller satellites also take considerably less time to build than their larger counterparts.92 at 2015-10-11 10:05:08 BST. To meet the growing demand for commercial applications of navigation services.227. It will reduce launch costs by 95% and the time to launch a satellite from years to weeks (for example. Such developments in this field will allow nano and microsatellites to provide low-cost solutions for applications ranging from weather forecasting to Internet services. Low-cost Solutions through Nano and Microsatellites One of the advantages of nano and microsatellites over conventional large satellites is that they cost less to build and to launch. which is expected to significantly cut the cost and time required to launch satellites into space. EMISPDF in-glim01 from 220.Global Satellite Manufacturing and Launch Market 2015-2019 27 Increased Demand in Commercial Applications The demand for satellite networks and services in commercial applications has increased with the growing use of broadband digital communications. Moreover.227. new satellites need to be launched. EMIS. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. has provided opportunities for the growth of the market. direct-broadcast services (such as satellite radio and television). .137. A relaxation of regulations pertaining to the sale of high-resolution satellite images for commercial purposes. Rocket Lab has created a rocket called Electron. The emergence of low-cost launch services for nano and microsatellites has further helped to lower costs.92 on 2015-10-11 10:05:08 BST. This is likely to further open the door for new applications. development and launch of a large LEO satellite can take up to 3 years or more). after DigitalGlobe's acquisition of GeoEye. they can be constructed using existing hardware and software. and mobile device communications. products. and services. EMIS. The low cost of nano and microsatellites is also beneficial for scientific and technological demonstration missions as it enables researchers to take higher risks in their studies.92 at 2015-10-11 10:05:08 BST. DownloadPDF. They have now made it possible even for small institutes and universities to build and test their own CubeSat satellite systems. CubeSat satellites have revolutionized the miniaturized satellite market.92 on 2015-10-11 10:05:08 BST. Miniaturization of electronic components and the development of MEMS technologies have enabled the creation of satellites that are lightweight and affordable but also have advanced technological capabilities.Global Satellite Manufacturing and Launch Market 2015-2019 28 Technological Innovation in Electronics There has been rapid development in the field of electronics in recent years.137.137. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.227. Unauthorized Distribution Prohibited. This has boded well for the satellite industry.227. which may not have been feasible (or financially sensible) with multimillion dollar satellites. EMISPDF in-glim01 from 220. For example. . High Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.29 Global Satellite Manufacturing and Launch Market 2015-2019 10. Unauthorized Distribution Prohibited. DownloadPDF.92 at 2015-10-11 10:05:08 BST. EMIS.137.227.227. Drivers and Their Impact Impact on Key Customer Segments Drivers Commercial Organizations Civil/Government Bodies Growing Utilization for Military and Defense Applications Low Increased Application in Telemetry Low Increased Demand in Commercial Applications Low Low-cost Solutions Through Nano and Microsatellites High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 High High Low Technological Innovation in Electronics High Low High Military and Defense Industry Low High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 Low High Low High Low High Low High Low High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 Low High Low High Low High Low High Impact on Geography Drivers Americas Growing Utilization for Military and Defense Applications Low Increased Application in Telemetry Low Increased Demand in Commercial Applications Low Low-cost Solutions Through Nano and Microsatellites EMEA High 1 2 3 4 5 1 2 3 4 5 High High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 Low Technological Innovation in Electronics High Low High APAC Low High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 Low High Low High Low High Low High Low High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 Low High Low High Low High Low EMISPDF in-glim01 from 220.137.92 on 2015-10-11 10:05:08 BST. . 227.227. EMIS.137. . DownloadPDF. Unauthorized Distribution Prohibited. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. The magnitude of the impact has been categorized as described below:  Low: Negligible or no impact on market growth  Moderate: Medium-level impact on market growth  High: Very high impact.92 at 2015-10-11 10:05:08 BST.137.92 on 2015-10-11 10:05:08 BST.Global Satellite Manufacturing and Launch Market 2015-2019 30 Key The impact of the drivers is graded on the basis of the intensity and duration of their influence on the current market landscape. with radical influence on growth of market EMISPDF in-glim01 from 220. 92 at 2015-10-11 10:05:08 BST. The industry also has to adhere to stringent safety regulations and certification requirements. Such budget cuts adversely affect the satellite market. Many of the current microsatellites in the market have been designed for short mission lives and use off-the-shelf electronics to lower costs. Moreover. Unauthorized Distribution Prohibited. The antennas used in these satellites have to be miniaturized to fit into the satellite system. and cannot meet the growing demand for long operational missions.137.227. EMIS. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. which reduces signal strength. . countries in Europe also implemented significant controls in their military budgets. Satellites should be designed to withstand the harsh conditions of launch and the conditions of outer space. The US Budget Control Act 2011 mandated a $487 billion reduction in defense spending over a 10-year period. DownloadPDF. Current microsatellites are low-power and low-mass. Similarly.137.  Defense Budget Cuts  Design and Manufacturing Difficulties  Growing Problem of Space Debris  Launch Delays  Satellite Deorbiting Challenges Defense Budget Cuts There have been significant defense budget cuts in many countries (e. during the 2008-2009 economic crisis. the US has announced a budget cut of $178 billion for the period 20112015. Budget sequestration is the automatic spending cuts procedure implemented in the US to put cap on government spending for various categories. as the US military withdraws from conflict regions such as Afghanistan. Design and Manufacturing Difficulties Prohibitive cost is the prime hindrance to the development and manufacture of satellites. Therefore. US and NATO member countries).227. additional automatic budget cuts known as sequestration come into play. Nano and microsatellites are required to be lightweight and compact without compromising on performance and reliability.92 on 2015-10-11 10:05:08 BST. EMISPDF in-glim01 from 220. Market Challenges Some of the challenges faced by the global satellite manufacturing and launch market are discussed below. For instance..Global Satellite Manufacturing and Launch Market 2015-2019 31 11.g. there is dire need for significant advances in miniaturized electronics and components. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. DownloadPDF. This is a serious concern as most of these miniaturized satellites lack deorbiting systems and may be left in orbit after they are decommissioned.137. Launch delays can be caused by uncertainties in the schedule of launch vehicles. delays in the development of launch vehicles.137. Many agencies such as the IADC. currently available deorbiting approaches cannot be used reliably for nano and microsatellites. and the UN have proposed space debris mitigation guidelines to tackle the growing issue of space debris. EMISPDF in-glim01 from 220. Launch delays result in increased overall program costs for satellite missions. and has further increased the possibility of thousands of satellite launches in the next decade. One of the recommendations is to deorbit the satellite after decommissioning and to perform necessary deactivation measures. Unauthorized Distribution Prohibited. among others.Global Satellite Manufacturing and Launch Market 2015-2019 32 Growing Problem of Space Debris There have been more than 4. however. As well.000 satellites into orbit. most nano and microsatellites lack such systems. the ballistic coefficient and altitude of the satellite will cause it to naturally deorbit after a certain period of time. In most cases. Many of these decommissioned satellites. Launch schedules may also be affected by technical challenges. lack of funding. Satellite Deorbiting Challenges One way to dispose of a satellite in LEO after its mission is complete is to deorbit it. the actual number of satellite launches has always been lower than the projected estimate due to launch delays. continue to remain in orbit as space debris. the FCC. non-availability of components from suppliers.92 on 2015-10-11 10:05:08 BST. The advent of nano and microsatellites has enabled even small institutes and universities to launch their own satellites. These launches have placed more than 6.227. In many cases. Launch Delays As per historical data.92 at 2015-10-11 10:05:08 BST. and government approvals. because of mass and volume constraints. however.227. EMIS. The implementation of these deorbit guidelines by agencies worldwide will hinder the growth of the miniaturized satellite industry. .800 satellite launches since the launch of Sputnik in 1957. This poses a major risk to space missions as any impact from debris (even debris as small as an inch) can potentially damage or destroy the satellite. the satellite needs to be deorbited using a dedicated deorbiting system. Less than a thousand of the satellites in orbit are still operational as most satellites are decommissioned after the mission is completed. and lack of coordination between the satellite developer and the launch provider. However. Global Satellite Manufacturing and Launch Market 2015-2019 33 12. Unauthorized Distribution Prohibited.137. DownloadPDF. The magnitude of the impact has been categorized as described below:  Low: Negligible or no impact on market growth  Moderate: Medium-level impact on market growth  Moderately High: Significant impact on growth of market  High: Very high impact. with radical influence on growth of market EMISPDF in-glim01 from 220. EMIS.137.227.92 at 2015-10-11 10:05:08 BST.227. Impact of Drivers and Challenges Key The impact of the drivers and challenges is graded on the basis of the intensity and duration of their influence on the current market landscape.92 on 2015-10-11 10:05:08 BST. . Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. filters and controls. which further increases the weight. Companies such as SpaceX have been working to develop such reusable space launch vehicles that can re-enter the Earth's atmosphere without burning and return to the launch pad for a vertical landing. Also. Most of the costs involved in satellite launches come from building the rocket. Development of Reusable Space Launch Vehicles Satellite launches are mostly conducted using ELVs that carry a payload to the orbit and can be used only once. An MEMS-based thruster is minuscule but can accommodate highly sophisticated propulsion systems. Unauthorized Distribution Prohibited. EMIS.  All-electric Propulsion System for Satellites  Development of Reusable Space Launch Vehicles  Progression toward Low-cost Satellite-based Internet Services  Use of 3D Printing Technology All-electric Propulsion System for Satellites Chemical propulsion systems (like the ones in solid-fuel rocket engines) carry a substantial amount of fuel for the mission. The use of reusable space launch vehicles can substantially reduce costs in the market.92 at 2015-10-11 10:05:08 BST. It is not feasible to use these systems for nano and microsatellites as they are required to be lightweight. . which is used for only a single mission. EMISPDF in-glim01 from 220. if these rockets can be effectively used for multiple missions. and multistage rocket have to be used if more than one burn is desired. The advent of miniaturized electronics and MEMS has enabled the design of micro-electric propulsion technologies such as micro-thrusters.137. DownloadPDF.92 on 2015-10-11 10:05:08 BST. valves.227. Micro-thrusters are an all-electric propulsion system. all put together into compact units. the propellant used in solid-propellant systems cannot be stopped or restarted once it has been started. Such propulsion systems consist of nozzles. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.227.Global Satellite Manufacturing and Launch Market 2015-2019 34 13. They minimize the launch mass by eliminating the need for large amounts of fuel. enabling the maximum utilization of available payload.137. Market Trends Some of the trends in the global satellite manufacturing and launch market are discussed below. Micro-thrusters can be used for the propulsion of nano and microsatellites. heaters. the company successfully demonstrated the 3D printed rocket propulsion system for CubeSat. thus increasing the cost of Internet services based on these systems. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. the manufacture of traditional large-sized satellites and their launch to GSO is expensive. there is substantial reduction in raw material consumption and weight of the component. utilizing only the raw materials needed to build the part. which has the potential to eliminate the need for and the costs involved in the launch of satellites from the Earth. Companies such as OneWeb and SpaceX are working in this direction and are planning the launch of a constellation of 648 microsatellites in the next few years. which is comparable to or even better than existing broadband Internet solutions that use fiber-optic cable networks. a good alternative for the provision of low-cost satellite-based Internet access with broad coverage. Companies such as Aerojet Rocketdyne have been working in cooperation with research institutes to develop a way to manufacture microsatellites from metal and composites using 3D printing technology. satellite-based Internet services use satellites in GSO. This distance results in high latency and makes satellite Internet a poor option for applications such as gaming.000 miles or more from the surface of the Earth. The latency of the Internet service at this height would be 20 milliseconds to 30 milliseconds.227. In comparison.92 on 2015-10-11 10:05:08 BST. In 2014. As the manufacturing process is conducted in layers. Use of 3D Printing Technology Additive manufacturing (3D printing technology) is a development that has the potential to revolutionize current manufacturing processes. Nano and microsatellite-based infrastructure is. DownloadPDF. For developing nations. EMIS. In place of expensive molds for different product designs. nano and microsatellites can be put in LEO.137. In addition.227.137. 3D printing allows a final product to be created directly from the CAD design. establishing a network of optical fibers for Internet services can be very expensive. EMISPDF in-glim01 from 220. and live streaming. . Unauthorized Distribution Prohibited. 3D printing uses a single additive manufacturing system that can create multiple parts and components just by varying the CAD design as per requirement.92 at 2015-10-11 10:05:08 BST. which is at a distance of approximately 680 miles from the Earth's surface. which is 22. One of the future objectives is to build such satellites in space using 3D printing technology. video conferencing. therefore.Global Satellite Manufacturing and Launch Market 2015-2019 35 Progression Toward Low-cost Satellite-based Internet Services At present. 137.Global Satellite Manufacturing and Launch Market 2015-2019 36 14.92 on 2015-10-11 10:05:08 BST.227. Unauthorized Distribution Prohibited. Trends and Their Impact Key The impact of the trends is graded on the basis of the intensity and duration of their influence on the current market landscape. DownloadPDF.227. . with radical influence on growth of market EMISPDF in-glim01 from 220. EMIS.137. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. The magnitude of the impact has been categorized as described below:  Low: Negligible or no impact on market growth  Moderate: Medium-level impact on market growth  High: Very high impact.92 at 2015-10-11 10:05:08 BST. For satellite manufacturers. and market share. The respective authorities in the industry should also work toward solving such issues to avoid hindrances to the growth of the satellite industry.92 at 2015-10-11 10:05:08 BST.1 Competitive Scenario The market is highly competitive.Global Satellite Manufacturing and Launch Market 2015-2019 37 15. broadband Internet. DownloadPDF. Unauthorized Distribution Prohibited. lightweight platforms. Vendor Landscape 15. Vendors should also cooperate and work collaboratively with space launch system developers and service providers.137. Satellite platforms should also provide high flexibility and modular design approaches considering technological advances and upgrade requirements in the future.227. it is crucial for vendors to optimize their product development processes to provide cost-effective and high-quality products and solutions. not only paved the way for private companies to enter the market and provide innovative solutions for space exploration. in recent years. advances in technology. but also helped in creation of jobs and fostered innovation in technology and market competitiveness. . The satellite platform should also be highly efficient and reliable and suit the application requirements in areas such as radio and television services. including the requirement for deorbiting systems in miniaturized satellites. which will support the growth of the satellite launch industry. There is also growing concern regarding space debris and the mitigation measures that might be implemented. Countries such as the US are planning the development of new spaceports. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 on 2015-10-11 10:05:08 BST. it is also important to work closely with satellite operators in order to provide spacecraft suitable for a broad range of services. The satellite launch market has been growing rapidly and has. reliability. EMISPDF in-glim01 from 220. To survive and succeed in such an intensely competitive environment. and mobile communications. and vendors compete on the basis of the cost of satellites.227. It will help to integrate the entire space launch process and tackle issues of space launch delays. EMIS.137. 137.92 on 2015-10-11 10:05:08 BST. satellite.227. lithium polymer batteries and highefficiency solar panels for small satellite missions Dauria Aerospace Offers a range of products such as geostationary platforms and microsatellite platform such as Auriga. scientific. Unauthorized Distribution Prohibited. DownloadPDF. Space.227.92 at 2015-10-11 10:05:08 BST. also provides high-performance power subsystems.137. EMIS. propulsion systems. launch and critical infrastructure sectors EMISPDF in-glim01 from 220. DC-DC converters.Global Satellite Manufacturing and Launch Market 2015-2019 Exhibit 14: 38 Key Vendors Airbus Defence and Space Boeing Defense.2 Other prominent vendors Company Description Arianespace A commercial satellite launch company that provides launch services to commercial satellite operators and government space agencies Axelspace Develops microsatellite-based systems and provides other space-based solutions Clyde Space Supplies small and micro spacecraft systems. space mission design services. DX. and IT solutions to the cyber security. and Security Orbital ATK SSL Source: Technavio Research 15. and Perseus Deep Space Industries Provides nano and microsatellites. . Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. and spacecraft manufacturing Dynetics Provides cost-effective engineering. Spacelink.92 at 2015-10-11 10:05:08 BST. DownloadPDF. pointing mechanisms and satellite mechanical ground support equipment Sierra Nevada It is a major developer of space systems and technologies that offers propulsion systems. EMIS.227. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.Global Satellite Manufacturing and Launch Market 2015-2019 Company 39 Description GeoOptics Develops small satellites primarily used for Earth observation applications. and subsystems. control systems. and insurances Planet Labs Provides satellite systems. launch services.137. space exploration systems. spacecraft platforms. including power systems. meteorological and communications purposes Mitsubishi Electric Provides space-based solutions to governments and commercial clients including satellites. nanosat missions. and payload integration Lockheed Martin Provides space-based solutions to military. The range of products also includes solar array drive mechanisms. also provides satellite structures. ground systems. mechanisms. and mechanical equipment.137. Unauthorized Distribution Prohibited. its satellites are mainly used for remote sensing.92 on 2015-10-11 10:05:08 BST. . satellite-based services mainly for monitoring applications and satellite imagery solutions Raytheon Develops and builds small satellites mainly for military and defense applications. satellite components. navigation. civil government and commercial customers. deployment mechanisms. and satellite platforms Innovative Solutions in Space Offers CubeSat satellites. and launched in the LEO. also provides launch services. and ground systems Novanano Offers products such as launch adapters. it also provides data and information about the Earth to public and private users worldwide GomSpace Develops systems and components for nanosatellites. also makes various other civilian and military-based space products and systems Ruag Space Provides space launcher structures and separation systems. spacecraft systems and other space technologies EMISPDF in-glim01 from 220. satellite platforms.227. and Cube-X and subsystems subsystems such as actuators and sensors.Global Satellite Manufacturing and Launch Market 2015-2019 Company 40 Description Skybox Imaging Develops satellites and also provides space-related solutions and provides satellite antenna and equipment as well as satellite-based analytics services SpaceQuest Provides antenna systems. the National Reconnaissance Office and other organizations EMISPDF in-glim01 from 220. manufactures and launches rockets and spacecraft. propulsion systems. Earth station equipment. SSTL NovaSAR. EMIS. microsatellite systems. monitoring. and scientific research applications among others Tyvak Nano-Satellite Systems It develops nanosatellite and CubeSat satellite systems. M2M communications and global AIS data SpaceX The company designs. electrical power. Nano-X. provides satellites and payloads for communications.137. on-board data handling. . radios.227.92 at 2015-10-11 10:05:08 BST. to and from space station Spire Develops satellites primarily for remote sensing applications. modems.137. satellite and ground components. provides launch services. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. it also provides services such as R&D and consulting to governments and commercial customers United Launch Alliance The company mainly provides space launch services for the US government agencies such as DoD.92 on 2015-10-11 10:05:08 BST. navigation. Unauthorized Distribution Prohibited. NASA. and has been providing regular cargo supply missions for NASA. these satellites provide data and information back to the Earth Surrey Satellite Technology Develops satellite systems and subsystems including the satellites SSTL GMP-T.227. DownloadPDF. SSTL 300-S1. and power management Thales Alenia Space Designs. tests and operates space systems. integrates. multi-role/wing-role combat.92 at 2015-10-11 10:05:08 BST. Eurofighter. UAS. . Key Vendor Analysis 16.227. and military trainer aircraft. EMIS. It also includes full EMISPDF in-glim01 from 220. Unauthorized Distribution Prohibited. The company designs.2 Business Overview Airbus Defence and Space was founded in 2014 and is headquartered in Germany. CISR aircraft. The key business offerings of the company are:  Military aircraft: Comprises the A400M Airlifter.1.227.1 Airbus Defence and Space 16.1. manufactures.137. A330 MRTT.1 Key Facts 16.137. and delivers transport and surveillance. and mission systems.92 on 2015-10-11 10:05:08 BST. DownloadPDF. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. light and medium transport aircraft (C295 and CN235).Global Satellite Manufacturing and Launch Market 2015-2019 41 16. unmanned. Global Satellite Manufacturing and Launch Market 2015-2019 42 fleet support solutions, air services, maintenance, repairs, upgrades, logistics and engineering services, training, and flight operations services.  Space systems: Comprises Ariane 5; orbital systems; Earth observation, navigation and science satellites; spacecraft; probes and rovers; telecom satellites; defense systems; and space propulsion systems  Communications, intelligence, and security systems: Comprises satellite communications solutions, border security systems, and C4ISR. It also offers secure land communications, geoinformation services, and consulting and training services.  Electronics: Comprises radars and IFF systems, electronic warfare systems and sensors, space platform electronics, space payload electronics, and avionics The company serves customers in APAC, EMEA, and the Americas. For FY2014, it generated revenue of $17.31 billion. It spent $457.0 million and $478.4 million on R&D for FY2013 and FY2014, respectively. 16.1.3 Recent Developments Company Details Description    Key Highlights   March 26, 2015: Selects Arianespace to launch PeruSat-1, the Peruvian Earth observation satellite March 23, 2015: Sells its subsidiary Rostock System Technik to Ferchau Engineering in Gummersbach March 19, 2015: Selects Arianespace to launch EDRS-C satellite, the second geostationary satellite of the SpaceDataHighway system March 16, 2015: Signs a strategic partnership agreement with SES (global satellite owner and operator) to deliver managed Satcom services to corporate customers in Africa and globally January 20, 2015: Receives a contract from the Ministry of Interior of Lebanon for a Terrestrial Trunked Radio (Tetra) communication system EMISPDF in-glim01 from 220.227.137.92 on 2015-10-11 10:05:08 BST. DownloadPDF. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.227.137.92 at 2015-10-11 10:05:08 BST. EMIS. Unauthorized Distribution Prohibited. Global Satellite Manufacturing and Launch Market 2015-2019 43 16.1.4 SWOT Analysis EMISPDF in-glim01 from 220.227.137.92 on 2015-10-11 10:05:08 BST. DownloadPDF. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.227.137.92 at 2015-10-11 10:05:08 BST. EMIS. Unauthorized Distribution Prohibited. Global Satellite Manufacturing and Launch Market 2015-2019 44 16.2 Boeing Defense, Space, and Security 16.2.1 Key Facts 16.2.2 Business Overview Boeing Defense, Space, and Security, formerly called Boeing Integrated Defense Systems, was founded in 1939 and is headquartered in Berkeley, Missouri, US. The company develops intelligence and security systems, manned and unmanned airborne services, and integrated systems. It is a subsidiary of Boeing and is a $33 billion business. The company's product portfolio comprises four major segments: EMISPDF in-glim01 from 220.227.137.92 on 2015-10-11 10:05:08 BST. DownloadPDF. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.227.137.92 at 2015-10-11 10:05:08 BST. EMIS. Unauthorized Distribution Prohibited. 227. and secure communications solutions  Support and services: It provides multiple services such as integrated logistics. Space.3 Product Segmentation Exhibit 15: Boeing Defense. ISR systems.92 at 2015-10-11 10:05:08 BST. 16.92 on 2015-10-11 10:05:08 BST. EMISPDF in-glim01 from 220.000 employees. modification and maintenance solutions. and mobility crafts  Satellites and space: It offers satellite systems and services. space transportation solutions.227. surveillance aircraft.137. and Security: Product Segmentation 2013 Source: Technavio Research 16. and military space and security services  C4ISR and cyber: It is engaged in the development of integrated missile systems. unmanned systems. DownloadPDF. .4 Business Strategy Operational Strategy The company focuses on the continuous improvement of its product line by incorporating new and innovative technologies to its existing products. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.137. and training systems The company has a workforce of 56. EMIS.Global Satellite Manufacturing and Launch Market 2015-2019  45 Military aircraft: This segment offers strike aircraft. human space flight. Unauthorized Distribution Prohibited.2. heavy lift launch vehicles. The company can serve a wider range of customers and strengthen its market position with the introduction of new products. weapons.2. 5 Recent Developments Company Details Description   Key Highlights   Key Partnerships  August 2014: Completes the Phase Two Spacecraft Safety Review of CST-100 spacecraft and CDR of its integrated systems August 2014: The company along with Sikorsky Aircraft is selected for the US Army's JMR TD Phase 1 program August 2014: Its Tactical Surveillance Aircraft receives FAA certification August 2014: Delivers a training center for C-17 Globemaster III airlifter to the Memphis Air National Guard base in Tennessee July 2014: Signs a contract with NASA to develop the core stage of SLS EMISPDF in-glim01 from 220.92 at 2015-10-11 10:05:08 BST.227. Unauthorized Distribution Prohibited.137. EMIS.2. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.Global Satellite Manufacturing and Launch Market 2015-2019 46 16. DownloadPDF.92 on 2015-10-11 10:05:08 BST. .137.227. 6 SWOT Analysis EMISPDF in-glim01 from 220.2.137.227. EMIS.Global Satellite Manufacturing and Launch Market 2015-2019 47 16.137. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 on 2015-10-11 10:05:08 BST. Unauthorized Distribution Prohibited. .227. DownloadPDF.92 at 2015-10-11 10:05:08 BST. 1 Key Facts Company Details Description Stock Listing New York Stock Exchange Ticker Symbol OA EMISPDF in-glim01 from 220.227.137.92 on 2015-10-11 10:05:08 BST. . Unauthorized Distribution Prohibited. EMIS. DownloadPDF.137.227.Global Satellite Manufacturing and Launch Market 2015-2019 48 16. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.3 Orbital ATK 16.3.92 at 2015-10-11 10:05:08 BST. EMIS. imaging. and space components EMISPDF in-glim01 from 220. ATK has spun off its sporting group segment to its shareholders. and the aerospace and defense groups of ATK in April 2014. The company operates through three business segments:  Flight systems groups: Designs and manufactures products for the space launch. interceptors. commercial. and ammunition and gun systems  Space systems groups: Designs. scientific and national security satellites (LEOStar). . human space and advanced systems. Unauthorized Distribution Prohibited. rocket motor testing systems. propulsion systems (booster separation motors. and national security space applications. and switchblades).227.Global Satellite Manufacturing and Launch Market 2015-2019 49 16. defense.to medium-class satellites for communications.227. and Minuteman III intercontinental ballistic missiles). US. and markets small.3. It designs. It offers commercial satellites (GEOStar satellites). strategic missile and missile defense. GEM strap-on booster systems. anti-ship cruise missiles. and markets a wide range of aerospace. and aerospace structures (military aircraft structures. develops. missile warning products. and Pegasus). sea-.137.92 on 2015-10-11 10:05:08 BST. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. and land-based systems. DownloadPDF. and other foreign customers. Minotaur. tactical rocket motors used in air-. missile defense systems (ballistic missiles.137. manufactures.2 Business Overview Orbital ATK is headquartered in Virginia. and commercial products to the US government. Some of its key products are space launch vehicles (Antares.92 at 2015-10-11 10:05:08 BST. Orbital ATK was formed as a result of the merger between Orbital Sciences Corp. and commercial aircraft structures)  Defense systems groups: Manufactures and markets a wide range of precision weapons. science. Castor 30-A multi-use motors. and aerospace structures markets. launch structures. EMIS. DownloadPDF.3 Business Segmentation by Revenue 2014 Exhibit 16: Orbital ATK: Business Segmentation by Revenue 2014 Source: Technavio Research 16.227. Unauthorized Distribution Prohibited.137. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.Global Satellite Manufacturing and Launch Market 2015-2019 50 16.3.3.92 on 2015-10-11 10:05:08 BST. .4 Market Segmentation by Revenue 2014 Exhibit 17: Orbital ATK: Market Segmentation by Revenue 2014 Source: Technavio Research EMISPDF in-glim01 from 220.137.227.92 at 2015-10-11 10:05:08 BST. 92 on 2015-10-11 10:05:08 BST.Global Satellite Manufacturing and Launch Market 2015-2019 51 16.5 Business Strategy Operational Strategy The company focuses on the following strategic areas:  Retaining its key officers and personnel  Retaining its old customers and attracting new customers by developing innovative products and technologies  Restructuring its recent mergers and acquisitions 16.227. DownloadPDF.92 at 2015-10-11 10:05:08 BST.137. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. 2015: Receives a $120 million contract from the US Army for additional production of the precision guidance kit for 155mm artillery February 20. 2015: Begins the production of Boeing 787 Dreamliner composite frames EMISPDF in-glim01 from 220.6 Recent Developments Company Details Description   Key Highlights   March 12. 2015: Receives a $30 million production contract from the US Navy for manufacturing AAR-47 missile warning system February 18.3.3. EMIS. . Unauthorized Distribution Prohibited.137. 2015: Receives a contract for additional armed caravan work from the US DoD Foreign Military March 9.227. .227.137.3.227.7 SWOT Analysis EMISPDF in-glim01 from 220. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 at 2015-10-11 10:05:08 BST.92 on 2015-10-11 10:05:08 BST. EMIS.137. DownloadPDF. Unauthorized Distribution Prohibited.Global Satellite Manufacturing and Launch Market 2015-2019 52 16. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. DownloadPDF. and air traffic control.227.137. EMISPDF in-glim01 from 220.1 Key Facts 16. . mobile voice and data services.2 Business Overview SSL was established in 1957 and is headquartered in Palo Alto. EMIS. The company designs.4 SSL 16. Its products are used by various customers to deliver services such as broadcast video distribution. mobile radio and data broadcast. It offers a wide range of satellites. US.137. defense communications.92 at 2015-10-11 10:05:08 BST. 1. satellite applications. including direct broadcast satellites. manufactures.4. California. and hosted payloads.300 series platform (space-proven platform for a wide range of satellite services).Global Satellite Manufacturing and Launch Market 2015-2019 53 16. SSL's products comprise of space proven products (satellites and satellite systems).92 on 2015-10-11 10:05:08 BST. and integrates satellites and satellite systems for commercial and government customers.227. broadband digital multimedia communications. Unauthorized Distribution Prohibited. direct-to-home video and data broadcast.4. DownloadPDF. . the company is building next generation satellites that provide more than 100 gigabit per second capacity. Unauthorized Distribution Prohibited. In addition.227. The company was acquired in June 2012 and operates as a wholly owned manufacturing subsidiary of MDA. EMIS. fixed satellite services.Global Satellite Manufacturing and Launch Market 2015-2019 54 digital audio radio satellites. 2014: Gets awarded by the US Defense Advanced Research Projects Agency to integrate the flight hardware to carry science and technology missions to space EMISPDF in-glim01 from 220. designed and built for Telenor Satellite Broadcasting (European satellite manufacturing company). 2014: Gets selected to provide a multimission communications satellite to Spanish satellite operator Hispasat Group September 8.4.92 at 2015-10-11 10:05:08 BST. and broadband for government and commercial purposes.137.92 on 2015-10-11 10:05:08 BST. 2014: Gets selected to provide a communications satellite for Bulgaria Sat (an affiliate of Bulsatcom-leading telecommunications company in Bulgaria) July 21. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220. mobile satellite services. 2015: Announces THOR 7.227. 16. SSL has manufactured over 250 satellites and delivered more than 2. a global communications and information company based in Canada.137.3 Recent Developments Company Details Description   Key Highlights   February 12.000 years of on-orbit service since its inception. is ready for launch December 5. 92 at 2015-10-11 10:05:08 BST.92 on 2015-10-11 10:05:08 BST.227.4 SWOT Analysis EMISPDF in-glim01 from 220.137. DownloadPDF. EMIS. Unauthorized Distribution Prohibited. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.4.137. .Global Satellite Manufacturing and Launch Market 2015-2019 55 16.227. Global Satellite Manufacturing and Launch Market 2015-2019 56 17. 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EMIS. DownloadPDF.92 on 2015-10-11 10:05:08 BST.137.137. Unauthorized Distribution Prohibited. .227. Global Satellite Manufacturing and Launch Market 2015-2019 Downloaded by in-glim01 from 220.92 at 2015-10-11 10:05:08 BST. ABOUT TECHNAVIO INSIGHTS TechNavio Insights is a customized set of reports based on the TechNavio platform. EMIS. It builds on the intelligence available within TechNavio and leverages the custom research experience of our researchers.Global Satellite Manufacturing and Launch Market 2015-2019 57 DISCLAIMER This report has been prepared from sources and data that we believe to be reliable. tort. . Any decision or action taken by the recipient based on this report shall be solely and entirely at the risk of the recipient. DownloadPDF. incidental.technavio.92 on 2015-10-11 10:05:08 BST. but we make no representation as to its accuracy or completeness. 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