World satellite industry revenue rose 3.4 percent in...
World satellite industry revenue rose 3.4 percent in 2013 to $195.2 billion, said a Satellite Industry Association report. The largest growth was in the satellite services segment, with a nearly $7 billion increase in revenue, SIA said in a news…
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release Monday on its State of the Satellite Industry Report (http://bit.ly/1lVRo8c). SIA said that increase was driven by continued growth in consumer satellite television services. Manufacturing revenue reached $15.7 billion, but launch revenue dropped 7 percent, it said. Revenue from satellite ground equipment had a slight increase of 1 percent to $55.5 billion, SIA said. U.S. satellite market revenue grew 5 percent to $85.9 billion, with manufacturing reaching $10.9 billion mainly due to the delivery of a large number of high-value satellites for U.S. government customers, it said. Fixed satellite services worldwide remained flat, while mobile satellite services grew 6 percent, the report said. Commercially procured launches worldwide increased to 62, up from 59 launches in 2012, said SIA. “Government customers worldwide remained the major satellite launch revenue driver, reaching 70 percent of commercially-procured satellite launch revenues, up from 64 percent in 2012.” The U.S. had the largest share of the launch revenue, with more than 70 percent of the revenue coming from the launch of U.S. government satellites, it said. The report was prepared by The Tauri Group, which polled more than 80 satellite companies, SIA said.