By December 12, 2019 Read More →

Optimisation is key to small satellite industry

Optimisation of the launch frequency, inventory and manufacturing capability will be critical to the success of the satellite sector, finds Frost & Sullivan. The research organisation  forecasts the total number of satellites to be launched during the period 2019 to 2033 to be 20,425, with North America leading the way, followed by Europe. Such demand could take the small-satellite launch services market past the $28 billion mark by 2030 and present significant growth opportunities throughout the industry.

To keep up with market requirements, Frost & Sullivan anticipates high-volume demand for component manufacturers, dedicated launch service providers and low-cost ground station services. Government agency investment in R&D, capacity purchase, public-private partnerships, and establishing the enabling regulatory framework will be significant enablers for new entrants and established players.

“With the successful launch of SpaceX’s 60 satellites and OneWeb’s six test satellites, momentum has been built for further constellation installations,” said Prachi Kawade, research analyst for space at Frost & Sullivan. “In addition, we’ve witnessed favourable test launches of small constellation players like Astrocast and NSLCom.”

Dedicated launch services providers are still transitioning to continue to service their customer base in a timely manner. Transitions include serial manufacturing facilities and better methods for test and evaluation to increase inventory in line with demand.

“Serial production and rapid manufacturing will play a pivotal role in meeting market demands,” noted Mr Kawade. “To ensure the success of the industry, it’s imperative that launch frequency, inventory and manufacturing capability are optimised.”

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