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REGIONAL AIRCRAFT MARKET STABILIZING; LONG-TERM GROWTH PROJECTED
Sep 23, 2016
FORECAST INTERNATIONAL: INSATIABLE DEMAND FOR DATA AND CONNECTIVITY DRIVE COMMERCIAL SATELLITE MARKET
Sep 12, 2016
GLOBAL DEFENSE MARKET ON UPSWING AS ASIA SPEARHEADS GROWTH
Sep 08, 2016
FROM CIVIL DISOBEDIENCE TO TOTAL WAR – THE FLOW OF INFORMATION REMAINS PROFITABLE
Sep 01, 2016
FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION GAS TURBINE MARKET WORTH A STAGGERING $1.2 TRILLION
Aug 22, 2016
FORECAST INTERNATIONAL PROJECTS NAVAL RADAR MARKET WORTH MORE THAN $13 BILLION OVER 10 YEARS
Jul 18, 2016
SMALLSATS PLAY GROWING ROLE IN $29 BILLION REMOTE SENSING SATELLITE MARKET
Jul 13, 2016
FORECAST INTERNATIONAL: F-35 LIGHTNING II TO DOMINATE FIGHTER MARKET
Jul 12, 2016
FORECAST INTERNATIONAL PROJECTS $2.74 TRILLION LARGE JETLINER MARKET OVER NEXT 10 YEARS
Jul 11, 2016
FORECAST INTERNATIONAL EXPECTS AIRBUS AND BOEING BACKLOGS WILL DECLINE IN 2016
Jun 16, 2016
U.S. NAVY'S NEXT-GEN JAMMER TO LEAD 10-YEAR, $5 BILLION ELECTRONIC ATTACK MARKET
Jun 06, 2016
ELECTRONICS CONTINUE TO DOMINATE THE LANDSCAPE, WHILE SLEP LOOMS AS A PRIORITY FOR THE FIGHTER/ATTACK/TRAINER R&M MARKET
May 09, 2016
FORECAST INTERNATIONAL SEES SYRIAN CONFLICT DRIVING NEIGHBORS' SECURITY POSTURES
Mar 28, 2016
U.S. DEFENSE ELECTRONICS – SIGNS OF GROWTH AS BUDGETS REMAIN TIGHT
Mar 21, 2016
FORECAST INTERNATIONAL: CHANGES IN COMPETITIVE LANDSCAPE HIGHLIGHT MEDIUM/HEAVY MILITARY ROTORCRAFT MARKET
Feb 22, 2016
FORECAST INTERNATIONAL INTRODUCES DYNAMIC NEW SITE; SEES BRIGHT FUTURE FOR POWER & ENERGY MARKETS
Dec 08, 2015
BIZJET PROSPECTS BRIGHTEN AS U.S. CUSTOMERS RETURN TO THE MARKET
Nov 17, 2015
REGIONAL AIRCRAFT MARKET READY FOR TAKEOFF
Nov 09, 2015

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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