Economy
Commercial Space Products and Services
Economy: Space Economy – TSR 2014
2013 – Positioning, Navigation, and Timing Services
Geo-location and navigation equipment and services continue to be the space industry’s largest and fastest-growing sector. Total global revenues for this market, estimated based on data published by the European GNSS Agency (GSA), were $## billion in 2013, compared to $## in 2012.
2013 – Earth Observation
Earth observation (EO) and imaging services enabled by satellites remain a small but vital part of the global space economy. Earth observation revenues in 2013 are estimated to total $## billion, #% more than the $## billion generated in 2012. According to the space industry consultancy Northern Sky Research, growth in 2013 slowed, dropping below the compound annual growth rate (CAGR) of ##% achieved by the EO market from 2007 to 2012.
2013 – Satellite Communications
Estimated 2013 revenue for the satellite communications segment reached $## billion, #% higher than the $## billion identified in 2012. The market is composed of satellite operators, which own satellites and lease the transmission capacity of these satellites to private and government clients in need of transmission capability. Traditionally, these satellites were used to transmit voice and television signals. As technology has developed to allow…
2013 – Satellite Radio
The estimated revenue for satellite radio increased ##% from $## billion in 2012 to $## billion in 2013. Sirius XM continues to be the sole revenue contributor to this industry sector. The company derived subscriber growth from installations in vehicles and homes and businesses. In Europe, France-based Onde Numerique last reported in November 2012 that it will launch its new satellite radio service in 2014 in about 140 cities.
2013 – Satellite Television
DTH television’s estimated revenue comprised ##% of the commercial space products and services sector, growing from $## billion in 2012 to $## billion in 2013. North American DTH providers DIRECTV and DISH Network continue to be the largest contributors, with combined estimated revenues of $## billion in 2013. The companies reached a combined total of ## million subscribers as of September 2013. DTH providers in other regions generated the remaining revenue of $## billion.
2013 – Commercial Space Products and Services Overview
The commercial space products and services sector continued to lead the space economy in 2013. Total revenue for the sector in 2013 was estimated at $## billion—#% more than the $## billion total in 2012. This total includes revenues from satellite broadcasting, communications, and Earth observation. Market revenue for the geo-location and navigation industries is reported in the ground equipment sector, as the assessment focuses primarily on the value of GNSS equipment and secondarily on products and services. However, the discussion of the GNSS market is included in this section as trends in GNSS space products and services drive equipment sales.
2013 – Land Imaging Snapshot
Collectively, land-imaging satellites—which are also known as Earth observation or remote sensing satellites—are systems used to observe, monitor, and track changes and developments on the Earth’s surface using a variety of optical or electronic imaging capabilities. Earth observation satellites may be distinguished from each other on the basis of spatial resolution—the level of detail their images are capable of recording. Another distinction is the sensor type, such as optical cameras, synthetic aperture radar (SAR), or various types of infrared and electronic imaging.
Economy: Space Economy – TSR 2013
2012 – Positioning, Navigation, and Timing Services
Geo-location and navigation equipment and services continue to be the space industry’s largest and fastest-growing sector. Total global revenues for this market, estimated by the European GNSS Agency (GSA) in a May 2012 report, were $## billion in 2012, compared to $## in 2011.