| Government Demand Bolsters Launch Services Revenues
As it is in the national interest of most countries to develop and maintain
independent capabilities to launch payloads into space and promote
high-technology industry, governmental demand accounts for nearly half of all
satellite launch services. These contracts offer revenue streams for most
industry participants when the commercial sector experiences a downturn.
Though industry growth has recently declined, demand from governments will
continue to provide a solid foundation for many launch services providers.
This Frost & Sullivan analysis supplies in-depth insight into the factors
influencing the world launch services markets. By identifying emerging
challenges, and highlighting key drivers and restraints, this study offers firms
the opportunity to increase their market share.
Surviving Industry’s Overcapacity Participant’s Primary Concern
With interest in satellite constellations peaking in the mid-nineties, the launch
industry invested heavily in new vehicles with increased capacity. However, the
increasingly turbulent economic environment has resulted in numerous
providers steadily losing money and stakeholders raising questions about the
long-term viability of an industry with too many competitors and too
few contracts.
"How to keep participants in the industry alive and healthy is a fair question
to pose during this time. The reduction in the total number of launch vehicles
being offered for services will be a step in the right direction in rationalizing
this market," says the analyst.
This Frost & Sullivan analysis offers an in-depth examination of the issues
facing the satellite launch services markets, enabling your firm to improve its
competitive position within this industry.
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