2019 State of the Satellite Industry Report
The 2019 Satellite industry report was released today by the Satellite Industry Association (SIA) at Washington, DC. The 22nd annual report release was part of SIA organised Government and Military Forum at the SATELLITE 2019 conference and exhibition. The research was done by Bryce Space and Technology LLC through proprietary surveys of satellite companies, in-depth public information and independent analysis.
Below are the highlights of the report.
Over 300 satellites were launched in 2018.
2100 satellites are actively on orbit. This is 20% higher than last year.
Over 39% of all the satellites in orbit are remote sensing satellites.
About 22% of the satellites are intended for commercial communications.
The overall global satellite industry revenue grew by 3% compared to previous year.
Satellite consumer broadband revenues also increased by 12 percent over the previous 12 months.
Satellite Manufacturing revenues increased by 26%. This has been fuelled by several high value intelligence and military satellites launched in the U.S. and abroad (satellite manufacturing revenues recognized in the year of launch)
Satellite Services revenues remained as the largest industry segment in 2018; growth in value-added markets (broadband 12%; radio 7%; managed networks 7%; and mobile 3%); 1.7% overall decrease, reflecting satellite TV and transponder leasing markets
Ground Equipment 2018 revenues increased by 5%; growth in network equipment and GNSS markets, flat or somewhat decreasing consumer equipment revenues
Satellite Launch Services Industry revenues increased by 34%; record number of launches (revenues recognized in the year of launch)
The complete summary of the report can be found here.