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 by Staff Writers London, UK (SPX) Jan 09, 2019
Frost and Sullivan forecasts an estimated launch demand for 11,746 small satellites for new constellation installations and replacement missions by 2030. Such demand would take the small-satellite launch services market past the $69 billion mark and present significant growth opportunities throughout the industry. In order to keep up with market demand, Frost and Sullivan anticipates innovative solutions will be deployed across the value chain including launch, manufacturing, and supply chain. In such an evolving market it will be critical for market participants to develop long-term sustainable partnerships to maintain and establish robust business operations. "The small-satellite launch service market is gaining pace with 89 small satellites launched in the third quarter of 2018. We also saw seven new players joining the small-satellite launch services race," said Kamalanathan Kaspar, Senior Industry Analyst, Space. Our experts have tracked and identified the following areas that are creating growth opportunities in the market: + The total projected launch capacity supply, including the success of multiple dedicated, planned launch services, is 11,746 small satellites + A total payload mass of 2,758 potential tonnes of small satellites is expected to be launched in the high scenario from 2018-2030 + Small satellites in the mass segments-0 to 15 Kg and 150 to 500 Kg-will cumulatively account for 73.8% of the small-satellite launch demand, in the high scenario, from 2018-2030 + In the high scenario, 97.7% of the total payload launch mass demand will be generated by commercial operators, with the major contributors being Space X, EarthNow, and Oneweb + 37 small-satellite commercial operators will generate more than 90% of the launch demand for their constellation installation and replacement missions "Quarter three 2018 witnessed the International Organization for Standardization (ISO) implementing new international technology specifications for cube satellites detailing the minimum requirements for the spacecraft throughout its lifecycle," noted Kaspar. "New entrants will need to ensure technology advancements comply with evolving standards." Frost and Sullivan's recent analysis, Small-satellite Launch Services Market, Quarterly Update Q3 2018, Forecast to 2030 studies the demand for small-satellite launch based on operators' maturity, mass classes, and user segments. It forecasts the number of small satellites, payload mass, and launch revenue based on defined scenarios. Small-satellite Launch Services Market, Quarterly Update Q3 2018, Forecast to 2030 is part of Frost and Sullivan's global Aerospace, Defense and Security Growth Partnership Services program. For further information on this analysis, please visit here
ISRO planning to 32 space missions in 2019 New Delhi (IANS) Jan 04, 2019 India is planning to launch 32 space missions in 2019, a top space official said in Bengaluru. The year 2019 promises to be challenging to the Indian Space Research Organisation (ISRO) community with 32 planned missions," its chairman K. Sivan said in a message to his employees on New Year on Tuesday. The missions include the second lunar mission Chandrayaan-2 to land on the moon with lander and rover. India's maiden human space mission in 2021-22, Gaganyaan, will also be pursued this ... read more
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