Satellite Industry Indicators Survey

Transcription

1 Satellite Industry Indicators Survey Sponsored by the Satellite Industry Association * Prepared by the Futron Corporation

2 Survey Methodology Survey conducted by Futron Corporation for SIA Survey targets large international companies operating in four satellite industry segments Satellite Manufacturing Launch Industry Satellite Services Ground Equipment Manufacturing Survey questions geared to gather employment, revenue, and other relevant information specific to each industry segment Futron augments survey data with publicly available data to provide the complete industry picture 2

3 Survey Methodology SIA believes it important to reflect the revenue earned by subcontractor companies in the survey results Many major and smaller aerospace companies rely on revenue earned by serving as subcontractors in the manufacture of components and systems for satellites and launch vehicles Satellite Manufacturing and Launch Industry revenues include both payments to prime contractors/service providers and payments to subcontractors The survey results show both total revenue (include payments to subcontractors) and revenue earned by prime contractors 3

4 Satellite Industry Overview Communications Wireless Networks Messaging Telephony Mobile Satellite phones Internet Backbone VSAT s Credit Card Validation Remote Sensing Oil pipeline monitoring Rail Management Infrastructure Planning Forest Fire Prevention Urban Planning Flood and Storm watches Air Pollution management Services & Applications Support Services GPS/Navigation Position location Timing Land/Sea Rescue Mapping Air Traffic Management Broadband Tele-Medicine Tele-Education Internet to end-user Videoconferencing DBS/DARS Direct to Consumer TV & Radio Broadcast and Cable Relay National Emergency Broadcast System Launch Vehicles Ground Equipment Insurance Manufacturing 4

5 Satellite Industry Hierarchy Consumption of telecommunication and sensing services ~$1 Trillion $46 B SATELLITE SERVICES $14 B SATELLITE MANUFACTURING GROUND SYSTEMS $20 B $5 B LAUNCH SERVICES & VEHICLE MANUFACTURING Note: Revenue figures are for the year 2001 and include payments to subcontractors 5

6 World Satellite Industry Revenues Actual Est. Average annual growth of 15% over 7 years 6

7 World Satellite Industry Revenues Actual $45 B $57 B $64 B $68 B $83 B $85 B Est. $101 B Note: revenues include payments to subcontractors 7

8 World Launch Industry Revenues Actual Est. The launch industry indicators include data for launch services of both commercially-owned and government-owned payloads. These indicators include estimates for CIS and China. 8

9 U.S. Launch Industry Revenues Actual Est. The launch industry indicators include data for launch services of both commercially-owned and government-owned payloads. These indicators include estimates for CIS and China. 9

10 World Satellite Manufacturing Revenues Actual Est. The satellite manufacturing indicators include data for commercial companies manufacturing satellites for both commercial and government customers. These indicators include estimates for CIS and China. 10

11 U.S Satellite Manufacturing Revenues Actual Est. The satellite manufacturing indicators include data for commercial companies manufacturing satellites for both commercial and government customers. These indicators include estimates for CIS and China. 11

12 Satellite Services Overview Services to end user represent largest growth Introduction of Internet to end-user and direct radio markets as revenue drivers TRANSPONDER LEASING RETAIL & SUBSCRIPTIONS Direct-to-Home Wireless telephone services Mobile data services Fixed data services Direct radio Remote Sensing Direct-to-home largest driver of demand for subscription services 12

13 World Satellite Services Revenue Actual Est. Note: Transponder Leasing Revenues do not include revenues from the resale of transponders 13

14 Ground Equipment Overview Low-cost ground terminals for consumer use a driver New end-user markets (i.e. high-speed Internet) starting to be growth driver for ground equipment manufacturers MAJOR HARDWARE e.g., gateways, satellite control stations MOBILE TERMINALS e.g. SNG Trucks, flyaways VSATs & USATs e.g., data terminals CONSUMER ELECTRONICS e.g., DBS dishes, village phone booths, handheld & notebook size phones NEWS 14

15 World Ground Equipment Revenues Actual Est. 15

16 Findings In 2001, the world satellite industry experienced a modest growth of 3% despite a significant downturn in the overall global telecom marketplace. Stronger growth is estimated in 2002 (19%). Revenue growth continues to be driven by the satellite services sector which achieved 18% growth in 2001 and is estimated to more than triple in size from 1996 to While world satellite manufacturing revenues declined by 18% in 2001, U.S. satellite manufacturing revenues declined by 38%. 16

17 Findings Similarly, world launch industry revenues declined by 41% in 2001, while the U.S. launch industry revenues declined by 59% The ground equipment sector has been a consistent performer during the survey period, growing by nearly 11%. 17

18 Analysis Growth in the satellite services sector is being driven by consumer-oriented video services with the introduction of modest, but important, growth in the provision of internet and satellite radio services. Traditional transponder leasing revenues are expected to remain steady but are unlikely to experience significant growth. Satellite manufacturing and launch services represent the new plant and equipment of the industry and are therefore the first to experience the impact of slower growth and/or overcapacity. 18

19 Analysis The larger reduction in US launch and manufacturing industry revenues, when compared to the reduction in global revenues, reflect a number of complex factors including: The increased competitiveness of foreign suppliers Fluctuation in international exchange rates A continued global perception that US satellite export control policies are a barrier to commerce 19