15 août 2019 | International, Aérospatial
Global launch demand and cumulative launch opportunities of $102.52 billion from 2019-2030 will augment growth prospects, finds Frost & Sullivan
LONDON, Aug. 14, 2019 /CNW/ -- New market entrants, platforms, services and business models are disrupting the global space industry. To serve an evolving market, value chain players are developing flexible, affordable, dedicated, competitive and complementary solutions for end customers to sustain significant growth opportunities. Frost & Sullivan forecasts the total revenue opportunities for the global satellite manufacturing market to soar past $366.06 billion with global launch demand for 12,766 satellites and cumulative launch opportunities of $102.52 billion for the period 2019 to 2030.
"The space industry is rapidly evolving. Not only are satellite platforms becoming more agile and robust with the execution of software-based satellites, electric propulsion systems and spot beam offerings, but competition in the launch services market is lowering prices and new entrants with mega-constellation-based business models are poised to disrupt the connectivity and earth observation market," said Arun Kumar Sampathkumar, Industry Manager, Space at Frost & Sullivan.
Currently, there is a clear gap between satellite launch demand and the supply of launch services with an average launch wait period of six months to two years for satellite operators. However, more than 40 global new participants are developing launch vehicles to bridge this gap.
"In the small-satellite launch segment, the major unmet needs include on-demand launch, independent mission from the primary launch payload, and launch cost," noted Sampathkumar. "Due to the existing gap between supply and launch, the launch service market is price inelastic. However, with the entry of new vehicles and reusable capabilities, launch supply is likely to increase and will lead the market towards price sensitivity."
Downstream data pressures have meant that communication satellites represent the fastest growing market segment, increasing demand for the manufacture of high-throughput and constellation communication satellites.
Sampathkumar sees multiple incumbents and new participants looking to install their high-capacity communication satellites in Geostationary Earth Orbit (GEO), Medium Earth Orbit (MEO), and Low Earth Orbit (LEO) orbits. This will result in both new installation and recurring replacement mission demand for manufacturing communication satellites.
Growth opportunities participants should tap into for future successes include:
'Consumerisation' of Space has taken a leap forward with end users demanding seamless connectivity, actionable geospatial intelligence, and advanced sensing capabilities to drive new business propositions and solutions. Disruptions impacting the ecosystem are driven by technology, manufacturing processes and business models from traditional players like SES, SpaceX and Airbus, and new space participants like RocketLab, EarthNow, OneWeb and SpireGlobal.
Frost & Sullivan latest analysis, Global Space Industry Outlook, 2019 and Beyond explores key questions such as what drives the market? What are the critical shifts to watch? Which best practices are important to note? Who are the emerging players? The space industry within the scope of this study is segmented into satellite manufacturing, launch services, ground stations and satellite networks, and downstream applications including satellite communication, earth observation, navigation, scientific missions, and technology demonstration.
Global Space Industry Outlook, 2019 and Beyond is the latest addition to Frost & Sullivan's Space research and analysis available through the Frost & Sullivan Leadership Council, which helps organisations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
12 mai 2023 | International, Terrestre
Germany plans to buy 18 Leopard 2 tanks and 12 self-propelled howitzers to replenish stocks depleted by deliveries to Ukraine, according to procurement documents seen by Reuters on Friday.
26 octobre 2023 | International, Aérospatial
U.S. defense contractor RTX Corp and Israel's Rafael Advanced Defense Systems will build a missile manufacturing facility in East Camden, Arkansas, the companies said on Thursday.
27 novembre 2019 | International, C4ISR
HUNTSVILLE, Ala. – Nov. 26, 2019 – Northrop Grumman Corporation (NYSE: NOC), MBDA and Saab have successfully completed a joint, collaborative effort to demonstrate the ability to integrate MBDA's Common Anti-air Modular Missile (CAMM) family and Saab's Giraffe radar system family into Northrop Grumman's Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS). CAMM was the first non-U.S. missile system to be demonstrated with IBCS earlier this year, and Giraffe represents the first non-U.S. sensor system to be demonstrated. The three companies demonstrated rapid and functional integration during simulated threat scenarios that included simultaneous engagements. Simulated air targets were fed to the Giraffe radar emulator, which passed the radar information to IBCS to assess and track threats. IBCS operators planned and executed optimized engagements based on that data using the CAMM missile emulators which engaged multiple threats simultaneously. IBCS then closed the loop by displaying the outgoing missiles detected and reported by the Giraffe emulators. The event successfully demonstrated both Distributed Fire Direction and Advanced Integrated Fire Control engagements. “Building on lessons learned from the CAMM family integration, we were able to integrate the Giraffe radar onto the IBCS network even more rapidly and cost effectively, continuing to demonstrate the dynamic and flexible nature of IBCS's open architecture in adding capabilities when and as needed,” said Bill Lamb, director, international battle management, Northrop Grumman. “Together we are creating a revolutionary IAMD enterprise that maximizes the combat potential of all sensors and weapons across all domains and fills gaps in today's air defense capabilities.” MBDA's CAMM family is the next generation of air defense missiles for multi-domain applications. Designed to defeat the most challenging of modern and future threats, including saturation attacks by precision-guided munitions and maneuvering high-speed missiles attacking simultaneously from multiple directions, the CAMM family of missiles feature a solid-state active radar seeker, two way data-link, low-signature rocket motor and a 360° soft-vertical launch system. “This represents the latest successful demonstration of the flexibility of the CAMM family, which has been designed from the ground up to operate within a modern network-centric open IAMD architecture. In this event we were able to demonstrate multiple simultaneous engagements of a full range of contemporary threats, using targeting information from networked surveillance sensors,” said Ben Newland, ground based air defence programme head, MBDA. Saab's Giraffe AMB radar delivers key capabilities as part of short- and medium-range surveillance and Ground Based Air Defence. It integrates powerful 3D surveillance radar and C3 functionality in one and the same system and provides forces with swift understanding of the air situation, enabling immediate and effective response to changing threats, new tactics and shifting operational conditions. “We are delighted to see this demonstration of integration of the Giraffe radar onto the IBCS network, contributing both directly to the demonstrated “sense-assess-engage” chain and to the wider Integration Air and Missile Defense with the level of interoperability delivered by IBCS,” said Lars Tossman, vice president and head of Saab business unit Radar Solutions. IBCS creates a paradigm shift for IAMD by replacing legacy stove-piped systems with a next-generation, net-centric approach to better address the evolving complex threat. The system integrates disparate radars and weapons to construct a far more effective IAMD enterprise. IBCS delivers a single integrated air picture with unprecedented accuracy and broadens surveillance and protection areas. With its open systems architecture, IBCS allows incorporation of current and future sensors and effectors and interoperability with joint C2 and the ballistic missile defense system. IBCS is managed by the U.S. Army Program Executive Office for Missiles and Space, Redstone Arsenal, Alabama. With more than 90 armed forces customers worldwide, MBDA is a world leader in missiles and missile systems. In total, the group offers a range of 45 missile systems and countermeasures products already in operational service and more than 15 others currently in development. MBDA is jointly owned by Airbus (37.5%), BAE Systems (37.5%), and Leonardo (25%). Saab serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers' changing needs. Learn more at www.saab.com. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information. View source version on Northrop Grumman Corporation: https://news.northropgrumman.com/news/releases/northrop-grumman-mbda-and-saab-demonstrate-the-integration-of-disparate-missile-and-radar-systems-into-integrated-air-and-missile-defense-battle-manager