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Satellite Industry Turns Over $80 Billion Annually
New York - April 9, 2001 The Satellite Industry Association (SIA) latest annual survey found a 17 percent increase in revenues for 2000, with the commercial satellite industry now generating over $80 billion in revenues annually. The statistics from the fourth annual Global Satellite Industry Indicators Survey were compiled by SIA and Futron Corporation by polling over 900 companies worldwide in every sector of the commercial satellite industry to determine aggregate revenue, employment, and output indicators. The study results include indicators for each major segment of the satellite industry including satellite manufacturing, launch services, satellite services, and ground equipment manufacturing. According to the study, satellite services is the largest and fastest growing segment of the industry, generating a total of $39.5 billion in revenue, a 29 percent increase over 1999-with $8.4 billion in revenue from transponder leasing by satellite operators, and $31.1 billion from subscription satellite services. The manufacture of satellite-related ground equipment in 2000, from satellite control systems to DBS dishes, accounted for $17.7 billion of the industry's total revenue-an increase of 11 percent over 1999 revenue. Satellite manufacturing, including payments to satellite prime contractors and their subcontractors, accounted for $15.8 billion of the $81.1 billion industry total. The worldwide launch services industry generated $8.2 billion in 2000, including $2.9 billion earned by subcontractors engaged in vehicle construction. Clayton Mowry, executive director of the Satellite Industry Association said, "The satellite industry continued to grow in 2000. Impressive growth in subscription satellite services is the highlight of this year's survey. "That growth is also helping bolster revenues in the ground equipment segment of the market. 2000 was also a strong year for the satellite manufacturing and launch sectors, which successfully placed 44 satellites into geostationary orbit." Elaine Gresham, technology policy analyst for Futron Corporation said, "This survey continues to provide a critical benchmark for accurate forecasting by financial analysts and corporate strategic planners." Preliminary results have also been released on a separate survey of 2000 government spending on space programs conducted by Henry R. Hertzfeld, senior research scientist at the George Washington University Space Policy Institute. Hertzfeld reported that worldwide expenditures on civilian space programs totaled $20.8 billion last year excluding spending by Russian, Ukranian, and Chinese governments. Government spending on space reached $35.8 billion when adding in military space budgets. The United States accounted for more than three-fourths of all spending on civil space (78 percent), while combined spending by European countries and all other governments (Japan, China, Brazil and others) accounted for the remaining spending. Community Email This Article Comment On This Article Related Links Satellite Industry Association SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Stratos Steps Closer To Xantic Acquisition
Bethesda MD (SPX) Jan 5, 2006Stratos Global recently announced it had taken a step closer toward the completion of the acquisition of Xantic, having received positive advice from the Works' Council in the Netherlands, and executed a definitive agreement to purchase Xantic from KPN and Telstra Corporation. |
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