Follow Us

Teal Group Pegs Value of Space Payloads Through 2036 at Over $250 Billion

WASHINGTON, DC, March 6, 2017 /PRNewswire/ -- Coinciding with the Satellite 2017 Conference & Exhibition held at the Walter E. Washington Convention Center in Washington, DC during March 6-9, 2017, Teal Group space analysts have identified 8,607 satellites, probes and capsules to be built and launched to earth or deep space orbits between 2017 and 2036. They estimate the value of these space payloads at more than $250 billion.

The payload count for 2017-2036 reflects a 41% increase compared to the 5,095 payloads identified last year for 2016-2035 and 46.5% more than the 4,067 payloads for the 20-year look forward in 2015. The trend in the future market for space payloads continues upward, and it is being driven largely by the introduction of thousands of small, nano and pico (mainly "Cubesats") commercial satellites designed to provide everything from broadband and mobile communications to meteorological, imaging and position location & tracking services.

Teal analysts identify 443 payloads "proposed" for launch in 2017, followed by 583 in 2018; 727 in 2019; 926 in 2020; 731 in 2021; 1,222 in 2022; 1,201 in 2023; 968 in 2024; 730 in 2025; and 298 in 2026.

"Our mission model is a market forecasting tool," said Teal Group senior space analyst Marco Cáceres. "I first created it back in 1992 as a complement to our World Space Systems Briefing service to help us understand what the space market might look like over the next 20 years."

Teal Group publishes its detailed space payload numbers in a daily-updated online spreadsheet known as the Worldwide Mission Model Online. (Contact regional representatives at www.tealgroup.com)

In their latest update by spacecraft type, Teal analysts classified 6,786 (79%) of the payloads as commercial, 921 (11%) as civil (government non-military), 579 (6.5%) as military, and 321 (3.5%) as university and non-profit.

Of the payloads, more than 75% of them are proposed for low earth orbits (LEO); 17% for medium earth orbits (MEO); 6% to geostationary orbits (GEO); and the rest to deep space or elliptical orbits. "It's going to get extremely crowded at LEO," said Cáceres.

Teal Group is an aerospace and defense market analysis firm based in Fairfax, Virginia USA. It provides competitive intelligence to industry and government worldwide.

(For additional information on Teal Group’s World Space Systems Briefing, and the Worldwide Mission Model Online, contact Teal’s VP-Sales & Marketing Douglas Cornell, at This email address is being protected from spambots. You need JavaScript enabled to view it. or 703-573-5374, or Senior Space Analyst and Director of Space Studies Marco Cáceres at This email address is being protected from spambots. You need JavaScript enabled to view it. or 703-385-1992 x104.)

RSS

 

 Send Mail

 

Teal Group offers online access to all our products through the web. Contact our Sales Staff to obtain a user ID and password for online access. Instructions for accessing the Online Demo are found below. You will only have access to the Online Demo product. You will need Adobe Acrobat Reader to read the reports on the online access site.

logon demoDEMO INSTRUCTIONS

  1. Log on using Demo User ID 2306 and Demo Password teal.
  2. A list of Teal Group Products will appear on the next screen.
  3. You will have access to the online demo and you will be able to see what is available in other services. Accessible reports will appear as clickable text in red under the Title of the Briefing. You will not be able to access reports in unsubscribed services. These report titles will appear as normal text in black.
  4. Click on "Online Demo". The various briefing titles will appear. Click on a section and the sample reports in that section will appear. At this point you can click on the sample report to access the file.

 

To inquire about online access and site licenses please contact Mr. Tim Storey.