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GEO Market Worth 28 Billion Dollars Over Next Decade
Fairfax, VA (SPX) Feb 10, 2006 Teal Group has reported at the Satellite 2006 conference and exposition the completion of a new 10-year market forecast for geostationary orbit commercial satellites. The study projects a total of 176 GEO commercial satellites, worth $28.3 billion, will be built and launched during 2006-2015. "We've been launching an average of just over 15 large commercial satellites annually during the past three years, and we expect this level to remain about the same in 2006" said Marco Caceres, lead analyst for Teal Group's World Space Systems Briefing, the 1,400-page monthly-updated competitive intelligence service, in which this and nine other consolidated forecasts plus over 180 separate space program reports are published. Caceres notes, "However, there will be some noticeable growth in the market beginning in 2007, with closer to 20 satellites going up each year during 2007-2009. That will put the market back to where it was in the late 1990s." The study cites last year's 19 orders -- an increase of 37% over 2004 -- for GEO commercial satellites as a major reason for the near-term increase in launch projections. The entry into the market of at least a dozen new satellite operators will also result in orders during the next two years, which means that a relatively high number of satellites should continue to be launched in 2008-2009. New operators such as TerreStar Networks and WildBlue Communications will join traditional operators such as Intelsat and SES Global. Also, countries such as China and India will build and launch many more satellites that they did during the past 10 years. Of the total GEO commercial satellites forecasted, China and India alone will account for approximately 20%, compared with a 22% combined share for 19 US companies, including major players such as DirecTV, Echostar, Loral Skynet, Panamsat and SES Americom.
GEO Commercial Satellites: Forecast, 2006-2015 (units) Community Email This Article Comment On This Article Related Links TEAL The latest information about the Commercial Satellite Industry
Budget Proposal Forces NASA To Tighten Belt
Washington (AFP) Feb 08, 2006US President George W. Bush's administration has asked Congress for a modest increase in NASA's budget for fiscal 2007, a request that is bound to lead to belt-tightening at the US space agency. |
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