Global Earth observation manufacturing revenues to top $83b over 2020-2029 - Novaspace

Paris, Washington D.C., Montreal, Yokohama – In a new research titled, Euroconsult, the world’s leading authority on space and satellite-based application markets, forecasts that global demand for new Earth observation (EO) satellite systems this decade will result in 2,166 satellites being launched, which is expected to generate close to $83.5 billion in manufacturing revenues. Euroconsult also projects corresponding EO satellite launch revenues to be close to $25 billion for the next decade.