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Commercialization

2012 Satellite Industry Grew by 7%

By Marc Boucher
NASA Watch
June 17, 2013
Filed under

Satellite Industry Report Shows Satellite industry Growth of 7% in 2012 [Download report], SpaceRef Business
The Satellite Industry Association (SIA) today released its 2013 State of the Satellite Industry Report, showing a 7% growth in world satellite industry revenues in 2012, up from 5% growth in 2011. Globally, 2012 revenues for the satellite industry totaled $189.5 billion, up from $177.3 billion the previous year.
All four industry sectors grew, led by satellite services, the traditional driver for the industry. Both satellite manufacturing and launch services saw significant revenue increases, and satellite ground equipment revenues also continued to expand.

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2 responses to “2012 Satellite Industry Grew by 7%”

  1. hikingmike says:
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    Bigger pie

  2. savuporo says:
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    And U.S commercial launch industry grew 0% from 0% market share to 0%.