Credit: Euroconsult

 

About 7,000 smallsats are due to be launched over the next ten years, i.e. a six-fold increase from the 1,200 units launched over the past decade. About 50 constellations, two of which are mega constellations, account for over 80% of the smallsat count.

That’s the news from Euroconsult, an independent, privately-owned firm.

Other revelations in their assessment include:

  • By 2022, an average of 580 smallsats will be launched every year as a result of initial constellation deployment
  • The average will then jump to 850 satellites per year on subsequent years up to 2027 because of the deployment of one mega constellation
  • Smallsats are now able to perform missions that were only achievable in the past by satellites heavier that 500 kilograms
  • Broadband communication is by far the largest application with close to 3,500 satellites expected from 2018 to 2027 (of which 92% for two mega constellations)
  • Earth observation will almost triple, from 540 satellites in the past to 1,400 anticipated from 2018 to 2027. Three constellations alone plan to launch more than 800 satellites during this period, of which two are cubesat-based
  • The 7,000 smallsats that are due to be launched over 2018-2027 are valued at $38 billion for satellite manufacturing and launch, almost a quintupling decade-to-decade
  • The launch services of smallsats are expected to generate $16 billion in the next ten years i.e. strong growth over that of the past decade

For more information on this appraisal by Euroconsult, go to:

http://www.euroconsult-ec.com/

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