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August 15, 2013
Emerging Space Program Investments Reach $1.8 billion in 2013

Paris, Montreal and Washington D.C., Aug. 6, 2013—Euroconsult released today its new executive brief, Trends & Prospects for Emerging Space Programs, which benchmarks projects, development models, lessons learned and perspectives of countries starting their first or second generation satellite programs. Of the 29 countries assessed in the report, 27 have begun investing in a space program for a total value estimated at $1.8 billion in 2013, including $1.4 billion related to satellite procurement. This is 2.4 times the 2007 assessment. Our estimates show that they should keep their investment levels over the long term.

"Governments always look to maximize the economic and social benefits of their nation’s space programs and naturally choose the development of domestic satellite communications and or Earth observation (EO) capabilities as a starting point,” said Jean Baptiste Thépaut, Consultant at Euroconsult and lead contributor to the report. “Emerging programs listed in our report have launched a total of 30 communications and EO satellites over the past decade and 38 satellites are currently being manufactured for a launch date slated within the next four years."

17 countries analyzed in the report have reported funding for a satcom program for a combined value of $950 million; 18 countries are undertaking an EO program with associated budgets of over $500 million by 2015.

Space development and research involve various national stakeholders either as users of satellite applications or partners for technology development. The creation of a centralized agency to manage the space program is not systematic, but helps to clarify responsibilities and provides leadership. This is the case for 50% of the countries analyzed in the report.

Along with an overview of emerging space programs, the report includes:

  • Benchmarks of strategies, perspectives, models and lessons learned
  • Assessments of procurement frameworks, industry suppliers and financial models
  • Forecasts and reviews of investments, assets and satellite program development
  • Regional profiles and forecasts for Latin America, Middle East, Africa, SEA, Central Asia

 

About Trends & Prospects for Emerging Space Programs

This Euroconsult Executive Brief (EB) benchmarks emerging space programs by analyzing strategies for operational development, key drivers for undertaking space activities and the challenges and inhibitors faced during implementation. In addition, the report assesses the procurement framework of space assets, the positioning of industry suppliers and forecasts the size of the space activity associated with 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 over 560 clients in 50 countries. Euroconsult is headquartered in Paris, with offices in Montreal and Washington, D.C www.euroconsult-ec.com.

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