July 19, 2016
According to Euroconsult's
latest report, Trends &
Prospects for Emerging Space
Programs, 24 countries are
identified as emerging space
programs (ESPs) in 2015 having
launched a total of 69
satellites in the last 20 years.
As satellite technology has
become more accessible and
affordable, the number of
countries investing in their
first satellite system has
increased dramatically. 2015 set
an all-time record with nine
satellites launched, confirming
the dynamism of this market.
By 2025, we estimate that
the number of emerging space
programs will increase to 47
countries around the world. This
includes 23 newcomers who will
have committed their first
investment in space between 2016
and 2025. Over 130 satellites
are forecast to be launched in
the next 10 years, nearly double
that of the last decade. The
total value of these satellites
should more than double at
nearly $12 billion, versus more
than $5 billion during
2006-2015.
New to this edition,
Euroconsult has developed an
index which aims to model the
probability for a new country to
invest in a satellite system.
The ESP Index is based on a
three-part process consisting of
data gathering, analysis, and
ranking of 148 countries. The
index is based on factors deemed
to be relevant to evaluating the
start of a space program. The
relevance of the ESP Index was
verified with a "reality check"
be reviewing the score of
countries that have already
launched or ordered a satellite.
"Based on their score in
Euroconsult's ESP Index, some
countries show a high profile
regarding potential investment
in satellite solutions and
acquisition; four countries show
very high potential as they rank
in the top 20 countries while
not having yet procured a
satellite," said Steve
Bochinger, COO of Euroconsult
and editor of the report. "Five
other countries rank between
20th and 30th position."
Another innovative feature
of the report is a targeted
survey completed with a
selection of countries, part of
the 24 countries identified as
"already active" ESPs. The
questionnaire was was aimed to
collect primary information on
the countries' experience in
implementing a satellite
program, their strategy,
benefits and lessons learned.
The survey results, along with
the collection of public
information and our own expert
knowledge, are combined to
establish Euroconsult's
benchmark of emerging space
programs.
