Number
of
New
Earth
Observation
Satellites
Will
More
Than
Double
in
Next
Decade,
Euroconsult
Forecasts
October
13,
2010
–
Defense
and
security
requirements
will
continue
to
drive
the
commercial
EO
data
market
for
the
next
decade,
but
the
growing
commercialization
of
the
industry
and
the
data
needs
of
emerging
EO
nations
and
private
enterprise
will
also
fuel
revenue
growth
in
the
sector,
according
to
Euroconsult,
the
leading
international
research
and
consulting
firm
specialized
in
the
satellite
sector.
According
to
the
company’s
new
report,
“Satellite-Based
Earth
Observation,
Market
Prospects
to
2019,”
now
in
its
3rd
edition,
230
EO
satellites
will
be
launched
in
the
next
decade
for
a
manufacturing
market
value
expected
to
reach
$19.9
billion
from
2010-2019.
This
compares
to
only
107
satellites
in
the
previous
ten
years.
(These
figures
do
not
include
50
and
28
meteorology
satellites,
respectively.)
At
the
same
time,
EO
commercial
data
sales
are
expected
to
rise
at a
compound
annual
growth
rate
(CAGR)
of
15%
reaching
$4
billion
annually
by
2019.
“On
a
global
scale,
there
is
real
demand
ahead
for
EO
satellite
manufacturing,
data
and
services,”
said
Adam
Keith,
Director
of
Earth
Observation
at
Euroconsult
and
primary
author
of
the
report.
“Actors
at
each
level
of
the
value
chain
will
need
to
adapt
their
business
models
to
best
leverage
these
opportunities,
which
could
lead
to
interesting
developments
and
integration
in
the
future.”
Emerging
and
in-development
space
programs
will
account
for
75
satellites,
a
four-fold
increase
over
the
previous
decade.
A
total
of
41
nations
are
expected
to
have
an
EO
satellite
in
operation
by
2019,
versus
only
26
today.
In
addition
to
serving
local
needs,
an
EO
satellite
is
also
a
relatively
low-cost
first
step
into
a
government
space
program.
In-development
and
emerging
programs
will
account
for
21%
of
the
total
$19.9
billion
EO
satellite
manufacturing
revenues,
according
to
Euroconsult.
But
because
these
same
countries
often
lack
an
established
satellite
manufacturing
infrastructure,
the
growth
could
translate
into
significant
export
opportunities
for
manufacturing
host
nations,
either
in
the
form
of
direct
procurement
or
technology
transfer.
In
addition,
new
manufacturers
could
emerge
by
taking
advantage
of
technology
transfer
initiatives
and
training
offered
by
leading
satellite
and
equipment
manufacturers.
Euroconsult
also
forecasts
that
optical
data
will
dominate
the
$4
billion
data
market
throughout
the
decade,
representing
79%
of
the
overall
sales,
with
radar
capturing
the
balance.
In
addition
to
defense
applications,
demand
for
optical
data
will
come
from
growing
location-based
services
and
natural-resources
applications.
Demand
for
high-resolution
commercial
radar
is
expected
to
remain
predominantly
government
defense,
with
usage
growing
in
sectors
such
as
energy
and
engineering.
The
report
also
indicates
that
as
the
demand
for
high-resolution
data
grows,
competition
will
intensify
among
both
pure
commercial
companies
providing
data
and
governments
offering
their
own
data
on
the
commercial
market.
At
the
end
of
2009,
24
high-resolution
satellites
offering
commercial
data
(including
from
government
operators)
were
in
operation.
This
number
is
expected
to
more
than
double
in
the
coming
years
with
new
satellites
coming
from
a
number
of
sources:
existing
commercial
operators
expanding
their
fleets,
new
commercial
actors,
and
civil
governments
and
dual-use
programs
commercializing
data.
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