Economy
Commercial Space Products and Services
2016 – Commercial Space Products and Services – Snapshot
The Commercial Space Products and Services section captures the sale of products and services enabled by space assets – such as telecommunications and broadcasting; positioning, navigation, and timing; and Earth observation. This sector increased ##% from $## billion in 2016 to $## billion in 2017.
Annual Products and Services Overview
Overviews reporting revenues of products and services from the years gone by.
Satellite Radio
While multiple satellite radio companies have been started over the past decade, the only one currently operating is Sirius XM, based in the United States. Sirius XM had $## billion in revenue in 2015. The company has 29.6 million subscribers, and this is expected to grow, driven primarily by increasing sales of new cars. Three out of four new vehicles sold in the United States include a Sirius XM receiver and a free trial period, and ##% of those continue the service, becoming paying customers.
2005 – Positioning, Navigation, and Timing Services
ABI Research estimates global market revenues for satellite-based positioning technologies for all applications at $## billion for 2005, see Exhibit 4o, The Industrial Technology Research Institute estimated 2003 GPS production value at $## billion and growing. Trends in GPS growth were reported in Business Week, along with a discussion of the entrance of “mainstream” electronics firms into the GPS marketplace:
2005 – Earth Observation
SIA reported that revenue for global commercial satellite remote sensing increased approximately ## percent from 2004 to 2005, driven by evolving business opportunities, new and continuing military and intelligence imagery contracts, and expanding civil and commercial imagery markets, including online mapping services. The SIA includes remote sensing as part of its FSS revenue estimate.
2005 – Satellite Television
Direct-to-home television services (referred to as DBS or DTH services) represent the largest portion of satellite services revenue. SIA estimates 2005 DBS/DARS industry revenue of $## billion, which yields a DBS estimate of $## billion net of the $## million in 2005 revenues reported by the three DARS providers (Exhibit 4l).[SIA estimates DBS subscribership at ## million in 2005. In-Stat, in its 2006 report, Worldwide Satellite Pay-TV Market, puts 2005 DTH television revenue at $## billion. Additionally…
2005 – Satellite Radio
Revenue in 2005 for satellite radio was about $## billion, from three firms: XM Radio, reporting 2005 revenues of $## million; Sirius Satellite Radio, reporting 2005 revenues of $## million; and WorldSpace, reporting 2005 revenues of $## million. SIA’s estimate for this segment is not released separately from its DBS estimate.
2005 – Satellite Communications
SIA’s Satellite Industry Survey does not report telephone trunking revenue (i.e., telephony-related revenue from transponder leasing) separately, but as part of the FSS market. SIA also includes VSAT revenue, revenue from data and video transponder leasing, and remote sensing in FSS revenue, for a total of $## billion. Euroconsult lists FSS market revenue as $## billion for 2005; this number is based on revenues from all 36 FSS satellite operators.
2007 – Positioning, Navigation, and Timing Services
Sales of GPS equipment and chipsets grew ##% in 2007, reaching an estimated $## billion in revenue. Of the estimated $## billion in economic activity in the global space economy, GPS equipment sales account for ##%. ABI Research estimates the total GPS equipment market to be $## billion in 2007. However, this includes $## billion in revenue from mobile phones that incorporate a GPS chipset. These are not included in the totals for global space activity because GPS capabilities are secondary applications of these devices.
2007 – Earth Observation
BCC Research, a market analysis firm, reports that revenue for all remote sensing products exceeded $# billion in 2006. In a separate study, the American Society for Photogrammetry and Remote Sensing (ASPRS) estimates that the space component of the total remote sensing market is nearly ##%.