Satellite launch markets are expected to experience growth and dynamic change, driven by expansion in the commercial communications satellite industry and by demand for cheaper, more reliable, and more capable launch systems.
According to new strategic research from Frost & Sullivan, World Markets For Satellite Launch Services, Insurance, and Vehicles, the huge increase expected in commercial satellite deployment threatens to overwhelm launch service and insurance providers. The launch services and space insurance market generated $8 billion in 1997, and is expected to reach approximately $10 billion in revenues for 1998.
“Responding to a commercial boom, while continuing to handle the
relatively steady stream of government projects and keep up with new
technology, presents a significant challenge to market participants”, says
Frost & Sullivan’s Telecommunications Satellite Industry Analyst Megan Marek.
“Growth opportunities within the launch vehicle segment lie in developing
vehicles to accommodate changing satellite structures.”
Successful market participants must respond to and implement changes
within the dynamic satellite launch equipment, launch services and space
insurance markets. Monitoring and participating in key regulatory
initiatives, monitoring commercial and government satellite technologies and deployment trends, as well as monitoring market drivers and restraints, is expected to be crucial to maintaining market share.
“For government applications, satellites are becoming smaller. In the
commercial marketplace, satellites are pushing at both ends of the spectrum, with both smaller low earth orbit (LEO) and larger geostationary (GEO) satellites gaining popularity,” says Aerospace Industry Analyst Ron Stearns. “Several launch service providers have addressed this by forming partnerships that enable them to accommodate different satellite types and expand their launch activities. The increase in launch insurance capacity has also lowered insurance premiums, leading to a trend of offering more coverage for less money.”
The unique segmentation of World Markets For Satellite Launch Services,
Insurance, and Vehicles offers detailed market intelligence in both the
commercial and governmental arenas, providing a clear and comprehensive market overview. Vital information, such as satellites that are driving demand, end-user groups that companies should pursue, and trends that will shape the future are all included in this market study.
The technologies reviewed include satellite launch vehicles, launch
services, space insurance, reusable launch vehicles, expendable launch
vehicles, MEO, LEO, GEO, GTO, space insurance premiums, launch insurance
capacity, commercial satellite launches, government satellite launches, and regulatory standards for launch vehicles.
Market participants include: Aon Risk Services, Arianespace, Boeing
Expendable Launch Services, China Great Wall Industry Corporation, Eurockot Launch Services GmbH, Indian Space Research Organization (ISRO), Institute of Space and Aeronautical Science, Instituto Nacional de Pesquisas Espacias (INPE), International Launch Services, International Space Brokers, Inc., J&H Marsh & McLennan, Khrunichev State Research and Production Space Centre, Lockheed Martin Corporation, National Space Development Agency of Japan, NPO Yuzhnoye, NTTs Kompleks, Orbital Sciences Corporation, Polyot (aka AKO Polyot), Sedgwick Space Services, Space Machine Advisors, Inc., Starsem, and Willis Corroon Inspace, Inc. Related Companies include: Advent Launch Services AeroAstro, LLC, Assicurazioni Generali SpA, Bristol Aeros pace Ltd., CNES (Centre National D’etudes Spatiales), Daimler Benz Aerospace (DASA), Dynamica Research, EER Systems Inc., European Space Agency, Italian Space Agency, Israel Aircraft Industries, Kelly Space & Technology, Inc., Kistler Aerospace, Microcosm, Inc., Munich Re, National Aerospace Laboratory, National Aeronautics and Space Administration (NASA), NPO Energomash, OHB Systems GmbH, Pioneer Rocketplane, RKK Energiya, Rotary Rocket Company, Sea Launch, Spaceport Systems International L.P., Makeyev State Rocket Centre Design Bureau, Third Millennium Aerospace, Inc., Universal Space Lines.
This Telecommunications Industry research has integrated the Market
Engineering consulting philosophy into the entire research process. Critical phases of this research included: Identification of industry challenges, market engineering measurements, strategic recommendations, planning and market monitoring. All of the vital elements of this system help the market participants navigate successfully through the telecommunications market.
