Browse Resources by Topic
Revenue from space insurance premiums is estimated to be lower in 2007 than in 2006. This is partially due to the loss of the NSS-8 satellite from the January explosion of Sea Launch’s Zenit-3SL. Several insured launches were postponed as a result. Pagnanelli Risk Solutions, an insurance consultancy, estimates total premiums of between $## and $## million.
Read MoreGround equipment was the largest growth sector of space infrastructure in 2007, increasing ##% over 2006. Revenue from ground equipment related to space operations is estimated at $## billion in 2007. This value is a projection based on the last five years of SIA ground equipment revenues.
Read MoreFunding for the largest in-space platform, the International Space Station (ISS), is included under the government budgets of ISS partners. NASA, the largest contributor to the ISS, budgeted $## billion for the ISS in 2007, but actual expenditures were not available due to delays in the congressional budget process.[
Read MoreSatellite manufacturing revenue increased ##% overall to an estimated $## billion. This growth was driven by a ##% growth in revenue for government payloads to $## billion. Despite the overall growth, revenue for commercial manufacturing actually fell ##% to $## billion. These numbers represent revenues from satellite payloads in the year they were launched, not necessarily when satellite manufacturers received revenue. The year 2007 saw the launch of ## satellites, ## of which were commercial.
Read MoreCommercial launch industry revenue exhibited modest growth in 2007, increasing #% over 2006. The Federal Aviation Administration (FAA) reports that the commercial launch vehicle industry generated $## billion in revenue in 2007, from ## launches, carrying ## payloads. Exhibit 1f shows commercial launch market share. Russia continues to launch the largest share of commercial payloads, slightly more than the U.S. and Europe combined.
Read MoreRevenue in 2007 for space infrastructure, including launch vehicles, satellites, ground stations, in-space platforms, and infrastructure support industries totaled $## billion, an increase of ##% over 2006. Ground stations and equipment saw the greatest growth at approximately ##%. Space infrastructure revenue estimates are shown in Exhibit 1e. Government budgets include funding for infrastructure, but government expenditures are addressed separately in U.S. Government Space Budgets.
Read MoreThe space industry experienced strong growth overall in 2007, with estimated global space revenues and government budgets reaching $251 billion. Exhibit 1b shows estimated space industry revenues from 2005 through 2007 and yearly growth rates.
Read MoreMilitary space spending among European countries in 2006 totaled $## billion (€## million), according to the European Space Policy Institute, a research institute founded and supported by European aerospace industry partners. For 2004, Euroconsult estimates non-U.S. space spending at $## billion. Countries included in this estimate are the United Kingdom, France, Russia, Germany, Belgium, Spain, Italy, and Israel. Data on international military space spending is generally held closely and difficult to find in public sources. Until better data becomes available, we will continue to use this 2004 figure as an estimate in our aggregated number.
Read MoreChina’s space budget estimates generate much speculation. Obstacles to clarity include secrecy, the complexity of the Chinese budget system, purchasing power parity, and the overlap in civil and military spending. Estimates range from $## billion to $# billion. For the purposes of this report, we are continuing to use a conservative estimate of $## billion for Chinese space spending published by the World Security Institute, a non-profit global-affairs research and journalism organization.
Read MoreJapan has the largest single country international budget, estimated at $## billion. It funds many of its programs through the Japan Aerospace Exploration Agency (JAXA). Exhibit 1v shows JAXA’s budget by program area. Japan also funds two major space programs outside of JAXA, the Quazi-Zenith Satellite System and the Information Gathering Satellite. Additionally, a number of ministries have space budgets of their own.
Read More