Wednesday, September 08, 2010

1,200 Satellites To Be Launched Over The Next 10 Years

Euroconsult has forecast that an estimated 1,220 satellites will be built for launch over the next decade. The average of 122 satellites to be launched per year is up significantly from the annual average of 77 satellites launched in the previous decade, a sign that government and commercial operators require more satellite capabilities.

In Euroconsult's just-released "Satellites to be Built and Launched by 2019, World Market Survey," via Space Daily, the company projects that revenues from the manufacturing and launch of these 1,220 satellites will reach $194 billion worldwide for the decade.

The report concludes that governments around the world will continue to dominate the space market, accounting for two thirds of the total number of spacecraft launched and the same amount of launch and manufacturing revenues.

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