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July 19, 2016
20 New Countries to Invest in Space Programs by 2025

Paris, Washington D.C., Montreal, Yokohama, 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.

 

 

About the Report

Trends & Prospects for Emerging Space Programs analyzes the development of Emerging Space Programs (ESPs) around the world. It identifies existing and potential new entrants in space, analyzes global trends related to ESPs, benchmarks their strategies of investment, and analyzes the various issues faced by these new players and their partners/suppliers for the implementation of their programs. New to this edition are the ESP Index, a ranking of 148 countries which models the probability for a new country to invest in a satellite system, and an interview process/dedicated survey to better benchmark emerging space programs.

 

About Euroconsult

Euroconsult is the leading global consulting firm specializing in space markets. As a privately-owned, fully independent firm, we provide first-class strategic consulting, develop comprehensive research and organize executive-level annual summits for the industry. With 30 years of experience, Euroconsult is trusted by 600 clients in over 50 countries. Euroconsult is headquartered in France, with offices in the U.S., Canada and Japan

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