1. Market Research
  2. > Aerospace And Defence Industry

Global Satellite Industry

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
5 votes

satelliteThe global satellite industry is expected to reach a value of almost $220 Billion by 2015, according to research from Global Industry Analysts.

While the satellite industry was previously used in defense and communication applications, technology advances have spurred the satellite industry along, making it suitable for a wider range of services, including home entertainment through digital broadcasting.

Over the years satellite technology has evolved to the point where it now plays a central role in several facets of everyday life, from enabling navigation and communications to entertainment and weather forecasting.


Key Market Segments


Satellite services represent the leading segment in the global satellite industry, reports Global Industry Analysts. Widespread television viewing has lead to a rising number of subscriptions for direct-to-home/direct broadcast satellite (DTH/DBS) services, in particular in developing markets such as China and India. The availability of advanced services like HDTV and 3D-TV are also driving demand for satellite TV services.

In the case of consumer broadband satellite, growth continues to be driven by rural broadband rollouts worldwide, and increasing demand for internet services from small office/home office businesses. The government, which accounts for more than 65% of spacecrafts launched, will remain among the top demand drivers for satellites. State investment in satellite technologies remains strong due to its role in acquiring geo-information and communication solutions, contributing in turn to a country’s socio-economic development.

Satellite communication used in the marine sector is witnessing higher use of VSAT, which improves crew welfare while optimizing operational efficiency. Shipping companies are expected to adopt this technology due to the benefits it offers, boosting market growth. Visiongain estimates the global marine satellite communications industry exceeded a value of $755 million in 2012.

TechNavio predicts the global fixed satellite service industry will witness yearly growth at a rate of 5% between 2011 and 2015. Rising demand for TV and video transponders is one of the most significant factors fueling growth. The global fixed satellite service industry also continues to benefit from a wider range of value-enhanced services offered by fixed satellite service providers.

The fact that this market requires high investment could represent an obstacle to growth. Leading industry players currently operating in the global fixed satellite service industry include Telesat Holdings, SES, Intelsat, and Eutelsat Communications.


Regional Market Share


China’s satellite transmission service industry witnessed yearly growth of 14% between 2007 and 2012, reaching a value of $286 billion in 2012, reports IBISWorld.

Rising demand for satellite television broadcasting and communications has driven growth in the industry, with a particular boost coming from sporting events like the Shanghai Asian Games and the 2008 Beijing Olympics.

The Chinese satellite transmission service industry is characterized by a high level of market share concentration where the government regulates satellite transmission services closely, making entry into the market difficult. State companies Beijing Marine Communication and Navigation Company, SINO Satellite Communications and China Satcom heavily dominate the industry.

Though satellite transmission service operators have vast market opportunities to exploit as a high-tech communication service, the sector has to continue fending off a substitution threat in the guise of optical wire-based transmission services. China saw the launch of SINOSAT-3, ChinaSat-6B and ChinaSat-9 in 2007, boosting capacity for global positioning system and television broadcasting services.

Meanwhile, China’s satellite transmission service industry has recently witnessed the rise of satellite positioning and navigation services on the back of inexpensive GPS devices developed on the domestic market.


Outlook


The global satellite industry has faced obstacles in recent years, including the dotcom bust, the economic recession, and the trend toward fiber connectivity. However, moving forward the industry is expected to witness growth, due in large part to rising consumer demand for entertainment and satellite-based broadcasting services.

The industry’s ability to adapt to meet evolving needs in the telecommunications sector, which represents a significant end-use sector, will also fuel growth in coming years.


Leading Industry Association


• Satellite Industry Association www.sia.org

You might be interested in: Telecom, Pay TV, Broadband, Defence, Television, Electronics Retail, Auto Aftermarket, Retail Sales, Mobile Messaging Services, Digital Terrestrial TV, Advertising, Broadcasting, Machine-To-Machine, Battery, GPS, Digital TV, Semiconductor, Air Traffic Control, Auto Electronics, GNSS.


 
1-10 of about 300 reports for Satellite

Purchase Reports From Reputable Market Research Publishers

Global Telecoms - The Big Picture 2017 and Key Industry Statistics

Global Telecoms - The Big Picture 2017 and Key Industry Statistics

  • $ 220
  • Industry report
  • February 2017
  • by Paul Budde Communication Pty Ltd

The global telecommunications market continues its transformation into the industry underpinning the digital, sharing and interconnected economy. This transformation is mainly driven by the ongoing innovations ...

C-Com Satellite Systems Inc.

C-Com Satellite Systems Inc.

  • $ 87
  • Company report
  • February 2017
  • by Wright Investors' Service

A textual analysis of the financial results for C-Com Satellite Systems Inc. compared to selected competitors. Also included are quantitative analyses of the company's financial statements, extensive ...

Satellite Solutions Worldwide Group PLC

Satellite Solutions Worldwide Group PLC

  • $ 87
  • Company report
  • February 2017
  • by Wright Investors' Service

A textual analysis of the financial results for Satellite Solutions Worldwide Group PLC compared to selected competitors. Also included are quantitative analyses of the company's financial statements, ...

Orbit Communications

Orbit Communications

  • $ 87
  • Company report
  • February 2017
  • by Wright Investors' Service

A textual analysis of the financial results for Orbit Communications compared to selected competitors. Also included are quantitative analyses of the company's financial statements, extensive ratio analyses ...

Next Generation Satellite Communications Ltd

Next Generation Satellite Communications Ltd

  • $ 87
  • Company report
  • February 2017
  • by Wright Investors' Service

A textual analysis of the financial results for Next Generation Satellite Communications Ltd compared to selected competitors. Also included are quantitative analyses of the company's financial statements, ...

Egyptian Satellite Co SAE

Egyptian Satellite Co SAE

  • $ 87
  • Company report
  • February 2017
  • by Wright Investors' Service

A textual analysis of the financial results for Egyptian Satellite Co SAE compared to selected competitors. Also included are quantitative analyses of the company's financial statements, extensive ratio ...

Top 10 Telecom Technologies - Forecast to 2021

Top 10 Telecom Technologies - Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Reduction in queuing & transaction time and increased convenience in making low value payments are driving the contactless payment market” The contactless payment market is estimated to grow from ...

Satellite & Cable Television Services Global  Industry Report

Satellite & Cable Television Services Global Industry Report

  • $ 1218
  • Industry report
  • February 2017
  • by Plimsoll Publishing Ltd UK

Plimsoll's Satellite & Cable Television Services (GLOBAL) analysis is the most definitive and accurate study of the Satellite & Cable Television Services (GLOBAL) sector in 2016. The report is split into ...

Aerial & Satellite Installation UK Industry Report

Aerial & Satellite Installation UK Industry Report

  • $ 449
  • Industry report
  • February 2017
  • by Plimsoll Publishing Ltd UK

Plimsoll’s UK Aerial & Satellite Installation (UK) analysis is the most definitive and accurate study of the Aerial & Satellite Installation (UK) sector in 2016. The report is split into two sections ...

Satellite & Aerial Equipment Finland  Industry Report

Satellite & Aerial Equipment Finland Industry Report

  • $ 731
  • Industry report
  • February 2017
  • by Plimsoll Publishing Ltd UK

Plimsoll's Satellite & Aerial Equipment (FINLAND) analysis is the most definitive and accurate study of the Satellite & Aerial Equipment (FINLAND) sector in 2016. The report is split into two sections ...

About 49000 reports for Satellite

Download Unlimited Documents from Trusted Public Sources

Satellite Industry in the US

  • April 2015
    243 pages
  • Satellite  

  • United States  

View report >

Satellite Industry

January 2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.