Global Launch Systems and Satellites

Demand for Space Capabilities Will Increase as Competition Drives Prices Down

  • Research Code : NEA8-01-00-00-00
  • SKU : AE00076-GL-MR_00076
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  • Release Date : 22-Dec-2014
  • Region : Global
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Global space spending will be relatively flat through 2025, but at the same time, both the number of launches and number of satellites placed in orbit will increase. This is due to the fact that increased competition and innovations will drive overall costs down. These innovations include tools such as 3-Dimensional (3-D) printing, all-electric satellites, and satellites designed for dual manifesting, To summarize, the increase in satellites, satellite capacity, and satellite capabilities will be proportionally larger than the increase in spending on the global space program over the next 10 years.

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