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The high demand for satellite manufacturing is the direct result of the increase in the number of satellite launches and increase in number of planned constellations. This has resulted in Serial production of satellites. The overall growth in the satellite manufacturing market has spurred the demand for satellite subsystem and component manufactur...

Quantum sensing is transitioning from laboratory research to industrial deployment, driven by the need for ultra-precise, reliable measurement in high-impact sectors such as healthcare, defense, and advanced manufacturing. This shift reflects a broader move from controlled, research-grade environments toward scalable, field-ready systems that meet ...

Satellites serve a range of applications such as communication, Earth observation, and navigation. This increased demand for satellites drives the satellite manufacturing industry. Satellites serve a range of applications such as communication, Earth observation, and navigation. This increased demand for satellites drives the satellite manufacturin...

In recent years, demand for satellites for government and commercial applications has increased, resulting in a growing number of satellite launches for navigation, earth observation, communications, and more. With increased launches come increased costs. The space industry is an expensive one to operate in, and mitigation methods must be implement...

The Earth observation (EO) sector is undergoing a significant transformation, driven by rapid advancements in radar, optical, and laser sensor technologies. These developments are reshaping the landscape of satellite-based monitoring, offering unprecedented capabilities for various industries. Central to this transformation is the integration o...

The global space industry has been expanding with the entry of new participants and non-space companies that are extending their roles to cater to both the upstream and the downstream segments. The upstream segment is expanding exponentially and is seeing successful launches by low earth orbit (LEO) satellite constellation operators as well as plan...

Successfully launched and operational small satellite constellations have established proof of concept and new business models in the space ecosystem. This has attracted multiple stakeholders to enter the industry specifically the non-space crowd to address challenges across multiple use-cases to address cross industry geospatial intelligence, IoT ...

06 Aug 2019  |  Global  |  Market Outlook

Global Space Industry Outlook, 2019 and Beyond

Small Satellites and Downstream Digital Transformations are Driving Innovation and Growth Opportunities Across the Space Industry Value Chain

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The space industry, across the value chain, is witnessing disruption from the influx of new space systems, products, and services. The industry is becoming highly competitive and a major focus is on developing flexible and affordable solutions for end customers. Satellite platforms are becoming more agile and robust with the execution of software-b...

The space sector is on the brink of a transformative phase, fueled by advanced technologies and strategic market positioning. This dynamic environment promises lucrative opportunities across a spectrum of services, including orbital operations and pioneering exploration initiatives. Central to this progression are breakthroughs in Edge computing an...