50% more Satellites to be Launched in the Decade Ahead
Government demand continues to drive the market, but remains concentrated in a handful of countries
Paris, August 25, 2011 – Euroconsult, forecast today that an estimated 1,145 satellites will be built for launch during the next ten years (2011-2020), 51% more satellites than the previous decade. These projections come from Euroconsult’s just-released “Satellites to be Built & Launched by 2020, World Market Survey.” According to the report, now in its 14th edition, revenues from the manufacture and launch of these 1,145 satellites will be worth $196 billion worldwide, of which 70% can be attributed to government demand.