Subscribe to our free daily newsletters
  Space Travel News  




Subscribe to our free daily newsletters



SPACEMART
20 New Countries to Invest in Space Programs by 2025
by Staff Writers
Washington DC (SPX) Jul 22, 2016


illustration only

According to Euroconsult's latest report, Trends and Prospects for Emerging Space Programs, 24 countries are identified as emerging space programs (ESPs) in 2015 having launched a total of 69 satellites in the last 20 years.

As satellite technology has become more accessible and affordable, the number of countries investing in their first satellite system has increased dramatically. 2015 set an all-time record with nine satellites launched, confirming the dynamism of this market.

By 2025, we estimate that the number of emerging space programs will increase to 47 countries around the world. This includes 23 newcomers who will have committed their first investment in space between 2016 and 2025.

Over 130 satellites are forecast to be launched in the next 10 years, nearly double that of the last decade. The total value of these satellites should more than double at nearly $12 billion, versus more than $5 billion during 2006-2015.

New to this edition, Euroconsult has developed an index which aims to model the probability for a new country to invest in a satellite system. The ESP Index is based on a three part process consisting of data gathering, analysis, and ranking of 148 countries.

The index is based on factors deemed to be relevant to evaluating the start of a space program. The relevance of the ESP Index was verified with a "reality check" by reviewing the score of countries that have already launched or ordered a satellite.

"Based on their score in Euroconsult's ESP Index, some countries show a high profile regarding potential investment in satellite solutions and acquisition; four countries show very high potential as they rank in the top 20 countries while not having yet procured a satellite," said Steve Bochinger, COO of Euroconsult and editor of the report.

"Five other countries rank between 20th and 30th position."

Another innovative feature of the report is a targeted survey completed with a selection of countries, part of the 24 countries identified as "already active" ESPs.

The questionnaire was aimed to collect primary information on the countries' experience in implementing a satellite program, their strategy, benefits and lessons learned. The survey results, along with the collection of public information and our own expert knowledge, are combined to establish Euroconsult's benchmark of emerging space programs.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

.


Related Links
Trends and Prospects for Emerging Space Programs
The latest information about the Commercial Satellite Industry






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
SPACEMART
Satellite operator SES swallows rival O3b
Paris (AFP) July 4, 2016
European satellite operator SES announced Monday it was disbursing $730 million (655 million euros) to acquire the remaining half of O3b, a rival with satellites in lower orbits that offers fast connections. "The acquisition of O3b - the fastest growing satellite network - significantly enhances SES's long-term growth profile," the company's chief financial officer, Padraig McCarthy, said ... read more


SPACEMART
SpaceX cargo ship arrives at space station

Ukraine, US aim to launch jointly-developed space rocket

SpaceX propels cargo to space station, lands rocket

SpaceX to launch key 'parking spot' to space station

SPACEMART
NASA's Viking Data Lives on, Inspires 40 Years Later

Opportunity Rover wrapping up work within Marathon Valley

NASA Mars Rover Can Choose Laser Targets on Its Own

NASA Selects Five Mars Orbiter Concept Studies

SPACEMART
SSTL and Goonhilly announce partnership and a call for lunar orbit payloads

Russian and US engineers plan manned moon mission

Asteroid that formed moon's Imbrium Basin may have been protoplanet-sized

Taiwan to make lunar lander for NASA moon-mining mission

SPACEMART
New Distant Dwarf Planet Beyond Neptune

Researchers discover distant dwarf planet beyond Neptune

New Horizons Receives Mission Extension to the Kuiper Belt

Alex Parker Discovers Moon Over Makemake in the Kuiper Belt

SPACEMART
Gemini Observatory Instrumental in Latest Exoplanet Harvest

First atmospheric study of Earth-sized exoplanets reveals rocky worlds

Atmospheric chemistry on paper

NASA's Kepler Confirms 100+ Exoplanets During Its K2 Mission

SPACEMART
NASA completes first shell buckling tests with a bang

Reaction Engines secures funding to enable development of SABRE demonstrator engine

A Peek Inside SLS: Fuel Tank For World's Largest Rocket Nears Completion

China announces success in technology to refuel satellites in orbit

SPACEMART
China's second space lab Tiangong-2 reaches launch center

China commissions space tracking ship as new station readied

Dutch Radio Antenna to Depart for Moon on Chinese Mission

Chinese Space Garbageman is not a Weapon

SPACEMART
Dawn Maps Ceres Craters Where Ice Can Accumulate

Rosetta Finale Set for 30 September

Elite Team to Consider New Approaches to Asteroid Danger

Chaotic Orbit of Comet Halley Explained




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement