{"id":60915,"date":"2019-12-12T19:55:12","date_gmt":"2019-12-12T11:55:12","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/forecast-predicts-smallsat-launch-service-revenues-will-top-28-billion-by-2030\/"},"modified":"2019-12-12T19:55:12","modified_gmt":"2019-12-12T11:55:12","slug":"forecast-predicts-smallsat-launch-service-revenues-will-top-28-billion-by-2030","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/forecast-predicts-smallsat-launch-service-revenues-will-top-28-billion-by-2030\/","title":{"rendered":"Forecast Predicts Smallsat Launch Service Revenues Will Top $28 Billion by 2030"},"content":{"rendered":"<\/p>\n<p>In a recent analysis,<b> Frost &amp; Sullivan<\/b> forecasts that 20,425 satellites will be launched between 2019 and 2033, with North America leading the way, followed by Europe. The company says that demand could take the small-satellite launch services market past the $28 billion mark by 2030. Frost &amp; Sullivan anticipates high-volume demand for component manufacturers, dedicated launch service providers and low-cost ground station services.&nbsp;<\/p>\n<p>In the analysis, \u201cSmall Satellite Launch Services Market, Half-yearly Update, H1 2019, Forecast to 2033,\u201d Frost &amp; Sullivan predicts that the small satellite launch services market will keep expanding with a key upturn in 2024 due to the overlap of new installations and replacement satellites. Payload mass demand is observed to be the highest in the 150-500 kg mass segment, accounting for 82% of the total.<\/p>\n<p>\u201cWith the successful launch of <strong>SpaceX\u2019s<\/strong> 60 satellites and <strong>OneWeb\u2019s<\/strong> six test satellites, momentum has been built for further constellation installations. In addition, H1 has witnessed favorable test launches of small constellation players like <strong>Astrocast<\/strong> and <strong>NSLComm<\/strong>,\u201d said Prachi Kawade, research analyst, space, with Frost &amp; Sullivan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent analysis, Frost &amp; Sullivan forecasts that 20,425 satellites will be launched between 2019 and 2033, with North America leading the way, followed by Europe. The company says that demand could take the small-satellite launch services market past the $28 billion mark by 2030. Frost &amp; Sullivan anticipates high-volume demand for component manufacturers, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":60916,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-60915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/60915"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=60915"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/60915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/60916"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=60915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=60915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=60915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}