Press Release

Brussels, Hong Kong, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, Washington D.C. [11^th July 2024] – The global Earth Observation (EO) satellite market will undergo substantial growth over the coming decade, with the number of EO satellites in orbit expected to almost triple as the manufacturing market grows by 40% and the value of the launch market increases by 55%.

Brussels, Hong Kong, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, Washington D.C. 10^th July 2024 – The maritime satellite communication market experienced significant growth in 2023, primarily driven by Starlink’s disruptive entry into the market following the official launch of its maritime service, which has rapidly gained traction and boosted the number of VSAT-equipped vessels.

Brussels, Hong Kong, Montréal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, Washington D.C. June 6^th – Novaspace, born from the recent merger between Euroconsult and SpaceTec Partners, and leading space consulting and market intelligence firm, finds that space safety and sustainability concerns are driving cautious interest for In-Orbit Services and commercial Space Situational Awareness in its latest Space Logistics Markets report and projects around $4.6 Billion in commercial revenue over the decade.

Brussels, Hong Kong, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, Washington D.C. April 30^th – Novaspace, a merger between Euroconsult and SpaceTec Partners, the leading space consulting and market intelligence firm, anticipates that standardization will drive democratization, catalyzing the fast-paced technological evolution of optical communications and the market. Government-supported standardization efforts, such as the SDA program, have been conducted to drive down costs and enable larger adoption of laser communications technology, which for the moment, remains costly.

Brussels, Hong Kong, Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toulouse, Washington D.C. [April 25, 2024] – Significant and ongoing transformations in the High Throughput Satellites (HTS) market are confirmed in the 7th edition of the ‘High Throughput Satellites’ report from leading space consulting and market intelligence firm Novaspace, a merger between Euroconsult and SpaceTec Partners. The report underscores the pivotal role of Non-Geostationary Orbit (NGSO) constellations in reshaping the satellite connectivity industry, with the latter to emerge as the primary driver in coming years.

Brussels, Munich, Montreal, Paris, Sydney, Toulouse, Tokyo, Washington D.C., April 15, 2024 – The satellite communications market has seen significant changes across its value chain, bringing forth new technological innovations that include flexible satellites and more specifically, Software-Defined Satellites (SDS). Geostationary Earth Orbit (GEO) satellite operators have been compelled to respond to increased competition amidst these market shifts. One approach is to optimize the utilization of GEO satellites; however, the rigidity and fixed capacity of traditional GEO satellites is a notable constraint. Therefore, the advent of flexible satellites presents an attractive solution to a variety of problems.

Brussels, Munich, Montreal, Paris, Sydney, Toulouse, Tokyo, Washington D.C., April 8, 2024 – Novaspace, a merger between Euroconsult and SpaceTec Partners, the leading space consulting and market intelligence firm, is forecasting that the worldwide launch rate for defense and dual-use satellites will jump by 160% over the coming decade.

Paris, Washington D.C., Montreal, Yokohama, Sydney, February 12, 2024. Euroconsult, the leading global consulting firm specializing in satellite-enabled markets, has released the latest edition of its FSS Capacity Pricing Trends report which unveils continued shifts in the capacity pricing landscape.

Paris, Washington D.C., Montreal, Yokohama, Sydney, December 19th, 2023. The leading strategic space consulting and market intelligence firm Euroconsult has released the 23^rd edition of its annual Government Space Program report confirming the growing financial efforts achieved by governments in the space sector. Keen to capitalize on the expanding space economy and to further strengthen their sovereign capabilities, government space expenditures have increased to $117 billion, a 15% increase compared to last year.  

Paris, Washington D.C., Montreal, Yokohama, Sydney, December 12^th, 2023. Euroconsult, a recognized leader in satellite industry market intelligence, announces the release of its highly anticipated 26th edition flagship report, “Satellites to be Built and Launched. This edition forecasts an average of over 2,800 satellites launched annually – equivalent to 8 satellites per day and totaling a mass of 4 tons – between 2023 and 2032. The report sheds light on the long-term dynamic of the satellite market, emphasizing sustained demand, the concentration of NGSO constellations, and the seismic shifts caused by a handful of mega constellations, with a particular focus on the short-term bottleneck faced by established vendors.