2007
2007 – Commercial Space Products and Services Overview
Total revenue for space products and services in 2007 is estimated at nearly $## billion, a growth of ##% over 2006. Commercial satellite services are the largest segment of the space industry, comprising ##% of global space activities.
2007 – RDT&E and IR&D funding
Total independent research and development (IR&D) expenditures are estimated at $## million for 2006, the latest year data was available from the Defense Contract Audit Agency. IR&D expenditures are private enterprise research and development costs incurred while working on government contracts but not reimbursed by the government. These expenditures are estimated by calculating the ratio of space R&D to total R&D within the Defense Department.
2007 – Space Insurance
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.
2007 – Ground Stations and Receivers
Ground 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.
2007 – Space Stations
Funding 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.[
2007 – Satellite Manufacturing
Satellite 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.
2007 – Launch Industry
Commercial 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.
2007 – Commercial Infrastructure and Support Industries Overview
Revenue 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.
2007 – Economy Overview
The 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.
2007 – European Military Space Budget
Military 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.