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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...

The space industry is no longer sustained by governmental bodies and aerospace and defense companies. In the modern space race, the private sector is dominating by discovering new opportunities regarding innovations and public-private partnerships. The term “NewSpace” heralds the arrival of private space company ventures. Start-ups, investors, ...

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 ...

The rapidly growing space industry has created new opportunities that will generate value from the use of space. The commercial space station industry is one such promising field that is now under development, by providing important services, such as astronauts and human habitation services, microgravity research, in-space manufacturing, and space ...

The space industry is transitioning, especially with growth in the development of small satellites capabilities. New entrants are revolutionizing the space ecosystem, attracting investments from the government and private ventures. Low-cost satellites, with its proven technological and economical capabilities have attracted existing space players t...

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...

Advances in technology have allowed the miniaturization of satellites to the extent that their application can be extended beyond technology demonstration missions. This has led to expansion of the small satellite market segment with a majority of satellite constellations focusing on earth observations and communication missions. Many of these cons...

The space ecosystem is rapidly growing across the globe. In the upstream of the value chain, the number of companies providing launch services has increased due to the entry of many dedicated launch service providers. In satellite manufacturing, serial production is the key requirement to meet the surge in demand, driven by the rapidly growing mega...

The space industry is rapidly evolving as a critical driver of environmental sustainability, underpinned by the urgent global need to combat climate change. This study identifies the key growth opportunities for market participants and stakeholders in the sector, focusing on how advancements in satellite technology, innovative manufacturing process...