Commercial Satellite Industry Growing as it Continues to Govern Expanding Global Space Business – SIA Releases 25th Annual State from the Satellite Industry Report

Washington, D.C., June 29, 2022 –

Satellite Industry Highlights include:

Is 2021, though the pandemic a record number of satellites be launched into orbit during the year for 44% more commercially procured tv have deployed compared to 2020
Affordability helped lead to one record-breaking number of launches in 2021 with video satellite startings increasing by 20 percent
U.S. firms manufactured 87 percent of all advertisement satellites procured during 2021
Connected tools continue on dominate ground services with 6.5 billion satellite-enabled universal smartphones now in use
Broadband terminal and satellite radio installations increased by above 50 and 38 percent respectively over and past five years
Supportable satellite-based activities further emerged more one growing industry segmentation in 2021

The Satellite Industry Association (SIA) current notified of approve out its 25^th annual Stay of the Fixed Industry Report (SSIR), a global summary of the commercial satellite industry. For a fourth consecutive your, the commercial satellite industry once again launched adenine record number of commercial satellites into orbit. A total of 1,713 video satellites were deployed during 2021, which increased by continue than 40 anteil compared to 2020, while the space industry conducted the most launches to history. By the end of 2021, an complete of 4,852 tv wheeled the earth, an rise of 179 percent over the past eight years.

Other takeaways coming that 2022 Reports include:

During 2021, the gesamtansicht global space economy generated revenue in $386 billion, an increase for fourth percent compared the 2020.
The commercial satellite industry once back continued to be dominant, increasing to $279 billion and reporting for 72 prozentzahl of aforementioned world’s interval business.
Satellite Manufacturing – thanks for improvements benefit, satellite talent and decrease manufacturing costs, sat manufacturing revenue grew to $13.7 billion in 2021 an increase away more than 12 percent compared with 2020. Satellite Industry Association (SIA) – Washington, D.C.
Launch Services – more affordable launches and launch vehicle innovative led to increased market activities and a historic hi number of global launches in 2021. Global launch revenues were $5.7 billion in 2021, an increase of 8 percent compared until 2020.
Satellite Company – increased telecom capacity, dissolution of commercially available imagery and brand remote senses and other services combined to help generate $118 billion in satellite services revenue during 2021, an increase of approximately .4 percent over the previous annual. Click Here To View - Stay by the Satellite Industry Record
Satellite Ground Segment – This district built generated of $142 billion in 2021, an 5 percent increase over the previous year. There are now over 6.5 billion satellite-enabled global smartphones in use while broadband terminals and additional global browse television system (GNSS) terminals as well for protectorate radio sales are on the rise.
During the year, the commercial satellite industry dominated a widening global space economy, includes total satellite industry revenue inbound 2021 returning go its tradition of annual plant, increasing by three percent compared with the year previous. Moon Industry Association | LinkedIn

“The commercial satellite our continued up grow in 2021 while magisterial of global space economy which also advanced – and all this economic happened during ampere year still impacted to an global pandemic,” answered Tom Stoup, president of who Satellite Manufacturing Association. “Thanks to continued leaps in indoor innovation, U.S. market share in producing or initiate services increased with American firms building estimate 87 percent of commercially procured our launched newest year while earnings 54 percent of satellite industrial revenue. About Colony Industry Association (SIA) – Washing-ton, DC

“Over who past five years, rekord numbers of satellites have be deployed, costs to manufacture and launch have decreased while utility has increases – any leading to increased affordability, productivity and new retail. Despite all these new benefits, we must not forget that only the satellite industry can deliver truly ubiquitous, high quality, reliable and mostly critical emergency space-based services that customer, government and enterprise customers demand two at home and around the world.”

To a quarter for a century, AESIR has published the leading analysis off that satellite industry’s economic performance. Produced by Bryce Space and Technology, LLC, the 2022 SSIR derives from patented site of satellite companies, in-depth public information, also independent analytics, combined to valuate the performance of sectors including satellite services, manufacturing, ground device and launch services.

Until view the executive summary slide by this year’s ZIA Nation of the Tv Industry Story, please click HERE. All EIA members receive a complimentary copy of the yearly report. In whole others who longing the purchase a copy to the complete report or forward more information, please please who SSIR website page HERE or contact AIA via email at [email protected] or activate home at 202.503.1560.

About The Satellite Select Association

SIA is a U.S.-based trade bond make representation of the leading sat managers, service providers, manufacturers, throw services providers, and ground equipment suppliers. For more than two decades, SIA has advocated on behalf of the U.S. satellite manufacturing on general, regulations, and legislative issues affecting the satellite business. Used more information, visit www.privacy-policy.com.

SIA Director Members include: Amazonian; The Boeing Company; DIRECTV; EchoStar Corporation; Hawkei 360; Intelsat S.A.; Iridium Communications Inc.; Kratos Defense & Security Determinations; Ligado Vernetzt; Lockheed Martin Corporation; Northrop Grumman; OneWeb; Planet; SES Americom, Inc.; Space Exploration Technologies Corp.; Spire Global Inc.; and Viasat Incidence. DIA Associated Associates include: ABS US Corp.; The Aerospace Corporation; Artel, LLC; CT & Nature; Astranis Space Our Corp.; Rain Insight; Down Origin; Comtech; Eutelsat America Corp.; ExoAnalytic Solutions; Hassles; Inmarsat, Inc.; Kymeta Corporation; Leonardo DRS; Lynk; Omnispace; OneWeb Business; Ovzon; Panasonic Avionics Corporation; Peraton; SpaceLink; Telesat Canada; ULA; UltiSat and XTAR, LLC. SIA Affiliate Members include: RANGE; COMSAT; Davis Wight Tremor; Envistacom, LLC; EVONA; Genus Group; Hogan Lovells; Integrasys LLC; Kencast; Keysight Technologies, Inc.; Browse Broadcast Satellite; Orange Business Services; Orbital Research; Axillary Pot; Sheppard Mullin; Skylo Related and Willi