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FORECAST INTERNATIONAL: ELECTRICAL GENERATION GAS TURBINES WILL SEE SALES INCREASE, BUT OVERCAPACITY LOOMS
Dec 05, 2017
FORECAST INTERNATIONAL: MARINE GAS TURBINE EVOLUTION SLOW BUT STEADY
Nov 29, 2017
FORECAST INTERNATIONAL: BIZJET MARKET RECOVERY ON THE HORIZON
Nov 08, 2017
FORECAST INTERNATIONAL PROJECTS $22.2 BILLION LIGHT MILITARY ROTORCRAFT MARKET OVER 15 YEARS
Oct 24, 2017
FORECAST INTERNATIONAL PREDICTS $213 BILLION REGIONAL MARKET OVER 15 YEARS
Sep 26, 2017
FULL SPEED AHEAD FOR ANTI-SHIP MISSILE MARKET
Sep 13, 2017
AIRCRAFT CARRIERS MARK GROWTH OF REGIONAL NAVIES
Sep 12, 2017
TWO SHIP COLLISIONS RAISE QUESTIONS
Aug 24, 2017
RISING TENSIONS IN THE KOREAN PENINSULA HIGHLIGHT THAAD MISSILE'S KEY ROLE
Aug 10, 2017
FORECAST INTERNATIONAL LAUNCHES IMPROVED U.S. DEFENSE BUDGET DATABASE
Aug 08, 2017
FORECAST INTERNATIONAL: BOEING ON A ROLL; BOTH CIVIL AND MILITARY MARKETS REMAIN STRONG
Aug 01, 2017
DEFENSE FIRMS SEE STRONG GROWTH POTENTIAL AS UPSWING BEGINS
Jul 18, 2017
COMMERCIAL COMSAT MAKERS CASHING IN ON HOT MARKET
Jul 12, 2017
FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION TURBOSHAFT MARKET WORTH $34 BILLION
Jun 20, 2017
FORECAST INTERNATIONAL PREDICTS $4.15 TRILLION LARGE JETLINER MARKET OVER 15 YEARS
Jun 19, 2017
FOLLOWING U.S. ATTACK ON SYRIAN AIR BASE, FI OFFERING DETAILED TOMAHAWK CRUISE MISSILE REPORT
Apr 07, 2017
POLITICS TO AFFECT SHAPE OF U.S. DEFENSE ELECTRONICS MARKET
Mar 28, 2017
FORECAST INTERNATIONAL: HIGHER DEFENSE BUDGETS LIKELY TO GIVE MEDIUM/HEAVY MILITARY ROTORCRAFT MARKET A LIFT
Mar 07, 2017
FORECAST INTERNATIONAL ISSUES 'LAUNCH VEHICLES: YEAR IN REVIEW 2016.' STAGE SET FOR RENEWED ACTIVITY IN 2017
Jan 30, 2017
FPSO CONSTRUCTION POWERING MECHANICAL DRIVE MARKET
Dec 13, 2016
ROLLS-ROYCE RULES THE NAVAL GAS TURBINE MARKET
Dec 12, 2016

Press Release

Contact: William N. Ostrove, Aerospace Systems Analyst
Phone: (203) 426-0800
Fax: (203) 426-4262
Web site: www.forecastinternational.com
E-mail: bill.ostrove@forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA
 

FOR IMMEDIATE RELEASE

Budget Turmoil Changing Military Satellite Buying Priorities


NEWTOWN, Conn. [September 8, 2011] — Forecast International projects that the worldwide military satellite market will be worth $42.5 billion, based on production of 180 military satellites, from 2011-2020.

Thirty-five satellite programs are covered in the company's "The Market for Military Satellites" study, which notes that these orbiting systems play a significant role in modern military operations, particularly in the U.S., which relies heavily on communications and reconnaissance to achieve its goals on the battlefield.

"With the increased focus on battlefield networking, communications satellite capacity is critical," said William Ostrove, aerospace systems analyst and author of the report. Satellites are also used for navigation and weather forecasting.

The analysis addresses some of the difficulties facing the market as a result of tight government budgets worldwide. "Governments are faced with large debt, and are reducing spending plans in response," said Ostrove. With respect to military satellites, budget cuts will be felt the most in the U.S., where satellite manufacturers have long enjoyed lucrative development and production contracts.

According to the study, the tougher budget environment is prompting the U.S. to focus on production of already-developed satellites, rather than on development of revolutionary new technology. The U.S. Department of Defense will also place more emphasis on smaller, inexpensive satellites under a concept known as Operationally Responsive Space (ORS).

Other concepts being pursued by military buyers include increased reliance on commercial satellite capacity, and greater purchases of hosted payloads. The study says that the U.S. has depended on commercial satellite operators for some time; however, as the demand for bandwidth increases, the military will increasingly rely on commercial satellite operators. Likewise, the military will rely more heavily on hosted payloads. Ostrove states that hosted payloads will become more commonplace as time goes by.

Despite budget troubles, the United States remains the most significant market in the world for military satellites. In terms of value, the United States will account for nearly three-quarters of military satellite production over the next 10 years, according to the report. Other notable military satellite purchasers during the period will include Japan, France, Russia, and China. U.S.-based companies Boeing and Lockheed Martin will benefit from the DoD's reliance on satellites, and they top Forecast International's list of prominent manufacturers during the 2011-2020 period. Mitsubishi, EADS Astrium, and ISS Reshetnev will also see significant production.

Forecast International, Inc. (http://www.forecastinternational.com) is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. To arrange an interview with Forecast International’s editors, please contact Ray Peterson, Vice President, Research & Editorial Services (203) 426-0800, ray.peterson@forecast1.com. Proprietary Special Research is also available. Contact Jonathan Watson, Managing Director, The Forecast Consulting Group (j.watson@forecast1.com). Questions regarding Sales may be directed to sales@forecast1.com.



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