GSO/NGSO Satellite Markets to Start 'Rebalancing,' NSR Says
An estimated 2,356 satellites are expected to launch over the next decade, with satellite manufacturing and launch markets to generate $258 billion in revenues from them, Northern Sky Research said in a news release Monday. NSR said there's an increased focus on new technologies and operations -- such as mass production and in-orbit servicing -- for satellites. Capacity issues and the decline in data pricing helped drive down geostationary orbit orders in 2016, with that expected to continue during this year, and the firm said there will be "a rebalancing of the market," with more emphasis on GSO/non-geostationary orbit combinations.