Euroconsult projects in-flight connectivity market to more than double by 2028
Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s newly released research report,the number of connected commercial aircraft will increase from 8,200 at the end of 2018 to more than 20,500 over the next ten years. The research suggests that satellite operators and service providers stand to benefit the most from the market growth with increased revenues associated with aircraft connectivity.
Euroconsult research projects smallsat market to nearly quadruple over next decade
Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s newly released research,market for small satellite (smallsat) manufacturing and launch will grow from $12.6 billion in 2009-2018 to $42.8 billion in the coming decade from 2019-2028, nearly quadrupling in size. While the growth is led by large constellations such as OneWeb, SpaceX’s Starlink and Amazon’s Project Kuiper, the findings show that the smallsat industry is highly diverse, with demand from a variety of operators, start-ups, universities, and countries.
Euroconsult predicts 10-year growth cycle for government space programs
Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s newly released research global government space budgets are in the early stages of a ten year growth cycle with total world expenditures reaching $70.9 billion in 2018, and forecast to grow to $84.6 billion by 2025. The report, which is trusted by hundreds of organizations around the world, provides important detail on how much investment is expected by region with profiles of space programs in 86 countries. It includes analysis of seven different application areas for each country including Earth observation, satellite navigation, space science and exploration, space security, communications, launch vehicles and manned spaceflight.
The Maritime VSAT Connectivity Market Passes the $1B Revenue Mark
Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s latest report, the maritime connectivity market continues to be vibrant, as shipowners transition to the next level of broadband connectivity. The merchant, passenger and leisure segments have all been supporting growth in revenues and capacity usage, while a rebound on oil pricing would accelerate the offshore segment. In addition to capacity, an increasing focus is on the supply of value-added services and on the outsourcing of daily operations by shipping companies.
Euroconsult Publishes First Research Report on Ground Segment Market
Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s latest report, the commercial satellite ground segment market, including satcom applications, EO applications and user terminals for user applications, is going through significant expansion in terms of both capabilities and demand and will grow from $264 million in 2018 to nearly $360 million in 2028. The aggregated market value in the next decade is expected to achieve $4 billion. The initial Euroconsult report covers only large gateways, while the second part of the report dedicated to user terminals will be published in several months.
Euroconsult Group & RKF Engineering Solutions Announce Partnership Agreement
Paris, Bethesda, Washington D.C., Montreal, Yokohama – The Euroconsult Group and RKF Engineering Solutions are pleased to announce they have entered into a partnership agreement, combining Euroconsult’s industry leading strategic and operational consulting and research services with RKF’s innovative engineering solutions for communication networks and satellite systems. This collaboration will enable each of the independent entities to rely on the services portfolio of the other in order to bring added value to government and private sector clients alike.
Evolving Chinese Space Ecosystem to Foster Innovative Environment
Paris, Washington D.C., Montreal, Yokohama – According to Euroconsult’s latest report, the China space value chain had an estimated size of more than $16 billion in 2017, with the downstream market accounting for just over 85%. Satellite Navigation, one of the key satellite applications in China, was the main revenue generator in 2017, ahead of Satellite Communications and Earth Observation.
$284 Billion Market for 3,300 Satellites to be Built & Launched Over Next Decade
Paris, Washington D.C., Montreal, Yokohama – According to the 21st edition of its report, Euroconsult anticipates that 330 satellites with a mass over 50 kg will be launched on average each year by 2027 for government agencies and commercial organizations worldwide. This is a threefold increase over the past decade as the satellite market experiences a paradigm shift with the rise of small satellites and large constellations.
Euroconsult Honors the Most Promising Start-Ups with the 2nd FinSpace Awards
Paris, Washington D.C., Montreal, Yokohama – During Euroconsult’s annual World Satellite Business Week, awards were presented to the four most promising start-ups, as selected by an independent jury, after a pitch competition during the FinSpace cocktail reception at the annual Euroconsult Summit for Satellite Financing which brings together the leading decision makers of the satellite enabled business sector. FinSpace is supported by MAXAR and Global Space Ventures.
Earth Observation Data Market to Reach $2.4 Billion, VAS Market Potentially at $9 Billion by 2027
Paris, Washington D.C., Montreal, Yokohama – According to the 11th edition of Euroconsult’s report, the commercial Earth observation (EO) data market could reach $2.4 billion in 2027, driven by a mixture of defense and new commercial markets and supported by the arrival of new constellation operators. The EO market for value-added services (VAS) should reach over $5.7 billion by 2027; potential new service areas with entrants focusing on developing constellations to support high-frequency change detection could even see the VAS market reaching $9 billion in our upside scenarios.
