Global Space Industry Outlook, 2019 and Beyond

Small Satellites and Downstream Digital Transformations are Driving Innovation and Growth Opportunities Across the Space Industry Value Chain

The space industry, across the value chain, is witnessing disruption from the influx of new space systems, products, and services. The industry is becoming highly competitive and a major focus is on developing flexible and affordable solutions for end customers. Satellite platforms are becoming more agile and robust with the execution of software-based satellites, electric propulsion systems, and spot beam offerings. Competition in the launch services market is pulling prices down and participants are increasingly investing in reusable vehicle capabilities. New entrants with the mega-constellation based business model are planning to disrupt both the connectivity and earth observation markets by offering affordable competitive and complementary solutions.

Multiple participants are planning to use satellite constellation to offer affordable connectivity and earth observation services. This is leading to a ramped-up demand for manufacturing and launch services. The existing capabilities are not sufficient to meet this upcoming unprecedented demand. The major requirements are low-cost, low-lead time manufacturing and on-demand services. Industry participants are investing in serial production capabilities and dedicated launch services in order to bridge the upstream gap between demand and the supply. The ground segment is considered as a major bottleneck for the success of upcoming constellations. Development of low-cost platforms compatible ground systems will be a key business/revenue driver for low earth orbit based constellations.

RESEARCH SCOPE

This research study includes the following:

• Product scope: Satellite manufacturing, launch services, ground stations, satellite network, satellite communication, earth observation, satellite navigation, and industry value chain.
• End-user scope: Space agencies, space systems manufacturers, launch service providers and resellers, ground station infrastructure providers, satellite operators, ground equipment manufacturers, space investors, downstream service providers, and end-users.

RESEARCH HIGHLIGHTS

Key deliverable detail:

• Satellite Manufacturing
  • Market size and forecast till 2030, by scenario, region, mass class, user segment, and application
  • Competitive landscape, satellite, and subsystem manufacturers, 2018
  • Key trends, disruptions, and new business models
  
  
• Launch Services
  • Market size and forecast till 2030, both units and revenues, by scenario, region, mass class, user segment, and application
  • Competitive landscape, 2018
  • Customer behavior, key technologies, and new business models
  
  
• Downstream Application
  • SATCOM market: Size and forecast till 2025, by services and region
  • SATCOM market: Competitive landscape, 2018
  • SATCOM market: Key trends, new services, and new business models
  • EO Market: Competitive landscape
  • EO market: Key trends and new products
  
  
• Satellite navigation market, 2018
  • Ground Stations and Satellite Networks
  • Small satellite ground stations
  • Key trends, technologies, product/services, and new business models
  • Innovations in satellite networks
  
  
• Industry Value Chain
  • Value chain participants
  • Investments in the space industry, 2018
  • Industry consolidation and key partnerships: impact analysis
  • Government agencies and their plan