MARITIME TELECOM SOLUTIONS BY SATELLITE

Transcription

1 2014 BROCHURE MARITIME TELECOM SOLUTIONS BY SATELLITE Global Market Analysis & Forecasts 3 rd Edition A Euroconsult Strategic Review Sector dynamics, analysis and forecasts for the maritime satcom market. Over 130 pages Over 50 graphs & tables Comprehensive digital files Priced at 3,500 euros The global maritime satellite communications market grew by 4% in number of terminals and 10% in revenues at the satellite operator level in At present, the total size of the market is about 348,000 active and more than $760 million in revenues at the satellite operator level. Established MSS services and the fast developing VSAT business contributed to the overall growth of the maritime satellite communications market. In the next 12 months, a number of High Throughput Satellite systems (HTS) will be available in the maritime market, which will bring three times more capacity by the end of 2014 and six times more capacity by the end of This additional capacity will drastically change the supply/demand relation in the market, and will enable a range of new applications for the maritime community. Competition is becoming increasingly intensified at the eve of the HTS era. All major players are devoting themselves to locking in a maximum number of vessels. Satellite capacity revenues in the global maritime market will nearly double over the next decade, with a compound annual growth rate (CAGR) of 7% over the 10-year period. The growth is expected to be driven mainly by increasing data consumption across all major maritime segments and the adoption of new generation broadband satellite services. NUMBER OF ACTIVE MARITIME VSAT TERMINALS BY FREQUENCY BAND ( ) Number of terminals 45,000 40,000 35,000 30,000 25,000 20,000 15,000 Ka-band Ku-band MARITIME SATELLITE CAPACITY REVENUES BY SEGMENT ( ) Million dollars 1,600 1,400 1,200 Government Offshore Leisure vessel 10,000 1,000 Passenger ship 5, C-band Fishing Mobile Satellite Communications Euroconsult 2014 Unauthorized Reproduction is a copyright violation Merchant shipping Mobile Satellite Communications Euroconsult 2014 Unauthorized Reproduction is a copyright violation

2 ABOUT MARITIME TELECOM SOLUTIONS BY SATELLITE \ The report provides an in-depth view of the sector dynamics, analysis and forecasts for the maritime satcom market. Eight comprehensive sections give a detailed analysis of trends and prospects within the major addressable maritime market segments. STRATEGIC ISSUES & FORECASTS Maritime satellite infrastructure revenues by technology MSS terminals by application VSAT terminals by frequency band Service providers revenues Equipment sales Satellite transponder usage Available maritime Ku-band satellite resources ADDRESSABLE MARITIME MARKET ANALYSIS Merchant Shipping Fishing Passenger Ships Leisure Vessels Offshore Government MARKET DYNAMICS & VALUE CHAIN A MUST READ FOR: Maritime satcom industry value chain FSS & MSS operators Maritime VSAT & MSS service providers VSAT & MSS equipment manufacturers Impact of international regulatory authorities NEW TO THIS EDITION MSS & FSS satellite operators Equipment manufacturers Satellite manufacturers Service providers Banks & investors Government agencies FSS satellite capacity supply & demand by oceanic region EXTENSIVE FIGURES & ANALYSIS FOR THE COMING DECADE Complete overview of the maritime market dynamics & outlook Comprehensive review of entire value chain describing the actors & value created at each level Refined market research on related MSS issues with detailed maritime specifics Addressable maritime markets analysis includes MSS terminals by application, VSAT terminals by frequency band, capacity revenues, equipment sales, & total revenues for tier-one service providers

3 TABLE OF CONTENTS 01\ STRATEGIC ISSUES AND FORECASTS 10% REVENUE GROWTH FOR SATELLITE OPERATORS IN 2013 >MSS stands for 97% terminal counts and 67% in revenue share >VSAT growing at 28% CAGR in revenue since 2010 DATA APPLICATIONS WILL DRIVE GROWTH IN THE FUTURE >Ku-band VSAT and MSS broadband witnessing fast growth >Content and applications are expected to play a more important role HIGH THROUGHPUT WILL RESHAPE THE MARITIME COMMUNICATIONS INDUSTRY >Inmarsat s Global Xpress to be the only global Ka-band system >More Ka-band systems expected in the future >Intelsat Epic will provide maritime broadband with Ku-band networks ABOUT 610,000 SATELLITE COMMUNICATIONS TERMINALS IN SERVICE IN 2023 >VSAT to account for 61% of the maritime communications market in 2023 >FSS capacity demand will grow to 74 Gbps in \ MARKET DYNAMICS & VALUE CHAIN MSS & VSAT ARE FIGHTING FOR MARKET SHARE >MSS still controls the majority of vessels >Inmarsat still dominates the MSS market >Maritime VSAT remains a fraction of FSS operators business >Maritime is considered the key growth area by FSS operators SERVICE PROVIDERS PLAY A KEY ROLE IN THE VALUE CHAIN >MSS market is dominated by a few large service providers >MSS resale margin is not increasing with the ARPU increase >Fragmented VSAT service provider market >More consolidations are expected in the VSAT market A DYNAMIC EQUIPMENT MANUFACTURING SECTOR >Cobham as the established market leader >A trend towards smaller VSAT antennas >idirect as the leading network provider >Highly price-sensitive market

4 REGULATION PLAYING AN INCREASINGLY IMPORTANT ROLE IN MARITIME COMMUNICATIONS >Jurisdiction of the states depends on the distance from the shore >International regulatory authorities in charge of safety at sea >Increasing traffic in the Arctic region will drive satellite usage >Main regulatory barriers related to former monopoly of Inmarsat >Regulation acting both as a driver and an inhibitor >VSAT usage regulated by both ITU and national authorities >New regulatory applications foster a competitive market environment 03\ MERCHANT SHIPPING THE LARGEST MARITIME SATCOM ADDRESSABLE MARKET >Close to 70,000 merchant vessels in operation >Filipinos represent 30% of seafarers worldwide NEW SHIP DELIVERIES STILL TO GROW FOR THE COMING YEARS >Cargo ships stand for 25% of merchant ships >Global merchant fleet is becoming younger > Smart vessels will require more satcom service EMERGING COUNTRIES DOMINATE THE MARKET >Mass shipping lanes located in Northern Atlantic and Pacific >Asia and Europe have the largest merchant fleet >Anti-piracy operations stimulate satcom usage MERCHANT SHIPPING IS THE LARGEST MARITIME SATCOM MARKET >$390 million MSS wholesale revenues in 2013 >VSAT installation growing at 10% CAGR since 2010 OPPORTUNITIES FOR FUTURE GROWTH >Communications as a fraction of operating cost >Opportunities ahead for MSS in small and medium vessels BROADBAND AS THE KEY GROWTH DRIVER >Crew communications pulling the bandwidth demand >Operational communications needs as the decision-making factor

5 SAFETY COMMUNICATIONS STANDS FOR LARGE PARTS OF TERMINAL COUNT >Nearly all merchant ships affected by regulatory requirements >AIS useful for a variety of reasons >ECDIS to drive the satcom usage MORE THAN 440,000 TERMINALS EXPECTED BY 2023 >A $767 million market by 2023 >MSS to remain the dominant technology >VSAT growth rate superior to 10% through \ FISHING SMALL VESSELS DOMINATE THE FISHING INDUSTRY >Asia has the largest fishing fleet >The Pacific Ocean remains the major fishing area >35 million fishers worldwide, mainly in Asia >Industrialized vessels stand for the core satellite market MEDIUM AND LARGE VESSELS AS KEY SATCOM MARKET REGULATIONS FOCUSING ON FISHING QUOTAS >Regulations regarding fishing quotas >VMS rules implemented at a national level >Regional differences in the structure of the fleet account for variations in the implementation of regulations MSS AS PRODOMINANT SOLUTION >MSS services focus on VMS >VSAT solutions in growth REGULATIONS PLAY A KEY ROLE IN SATCOM DEPLOYMENT >Dedicated terminals for regulatory usage >Certification of terminals still a major hurdle REGULATION AND CREW COMMUNICATIONS TO DRIVE THE GROWTH >More VMS-equipped vessels to control the fishery sustainability >Regulations will require more data to be sent >Data consumption to be driven by dedicated applications FORECASTS FOR THE FISHING MARKET TO 2023 >Strong growth in satcom terminals >MSS to remain dominant in the market in the next decade >More VSAT installations expected in the future

6 05\ PASSENGER SHIPS 6,500 PASSENGER SHIPS WORLDWIDE CRUISE SHIPS AND FERRIES AS THE MAIN SATCOM USERS >Cruise ship passengers with high revenue per passenger >More entertainment for a growing cruise ship fleet >U.S. cruise operators dominate in the market THE CARIBBEAN, ALASKA, AND EUROPE AS TOP DESTINATIONS >North America as the largest market >Europe with a 30% cruise capacity >A growing Asian market CRUISE SHIPS AS THE MAIN TARGET OF SAFETY-RELATED CONVENTIONS >Strong regulatory requirements for the safety of passengers >Flags of convenience, a real threat for passenger safety A VARIETY OF APPLICATIONS REQUIRING SATCOM SERVICES >Web browsing & ing are the most-used applications >Onboard telephony via satellite >More live TV channels available onboard >Credit transactions a must-have for onboard commerce CRUISE SHIPS ARE HEAVY SATCOM USERS >A full range of telecommunications services onboard >VSAT is the backbone of communications >A few service providers lead in the market GROWTH IN ADDRESSABLE MARKET TO FOSTER SATELLITE CAPACITY DEMAND MORE THAN 15,000 TERMINALS BY 2023 >Broadband and LDR/M2M to drive the MSS market >VSAT to represent more than 90% of capacity revenues Maritime VSAT industry value chain 2013 Satellite Operators Market value : ~ $164 million VNO Service Providers Market value : ~ $ 534 million VSAT terminal manufacturers Market value : ~ $73 million Resellers End users The VSAT market is more fragmented than the MSS market with some major operators like Intelsat and SES. Virtual Network Operators (VNO) purchase capacity from different operators in order to have a capacity pool with coverage according to the requirements of VSAT service providers. VNO resells capacity to satellite service providers as an intermediate between satellite operators and service providers. Around 50 to 60 service providers in the maritime VSAT market. Equipment manufacturers are split into antenna providers (such as SeaTel, Orbit, and C2Sat) and communication modem providers (such as idirect, ViaSat, Comtech, and HNS). The role of resellers is less important in the maritime VSAT market than in the maritime MSS market, as the majority of MSS service providers sell services directly to the end users. Around 9,000 maritime VSAT terminals worldwide in Maritime Telecom Solutions by Satellite---Global Market Analysis & Forecasts Euroconsult 2012 Unauthorized Reproduction is a copyright violation Maritime VSAT service providers' market share of 11,218 terminals in 2013 Others 36% MTN 6% KVH 16% Harris Caprock 5% Radio Holland 3% NSSL/Telemar 3% Speedcast 2% Elektrikom 2% Singtel 2% Inmarsat Solutions 13% Vizada 12% The other main service providers are Globecomm Maritime, Orange Business Solutions, Globe Wireless, OTE Maritel, and Skylogic. These companies provide VSAT but also MSS services. Globecomm Maritime was created in 2011 from the merger of March6, Telaurus, Evosat, and Carrier2Carrier in the Globecomm group and has about 100 active maritime VSAT terminals. Globecomm Maritime is gaining market shares in the maritime market. KVH Industries is a global MSS and VSAT service provider headquartered in Rhode Island (USA), specializing in commercial, leisure, and government segments (in maritime, land, and aero). The service provider offers mini- VSAT services, which reached around 1,500 installations in The company also won a $42 million contract from the U.S. Coast Guard for the installation of a mini-vsat system on more than 200 cutters. As of Q1 2012, the companyleases14ku-bandtranspondersand3c-bandtranspondersandannouncedtocover95% of theearth. In early 2012, Inmarsat, the owner of Ship Equip (which has 1,000 vessels with VSAT services) and Stratos, decided to regroup its service units under Inmarsat Solutions. Together, Inmarsat Solutions offer MSS, VSAT, and bundled MSS/VSAT services for all the maritime segments, in addition to the aeronautical and land mobile markets. Vizada was created in 2007 following the Apax Partners acquisition of FTMSC and Telenor Satellite Services. Headquartered in Paris, Vizada was acquired by EADS Astrium Services in The company owns the satellite communications service provider Marlink and offers MSS and VSAT services worldwide for shipping, fishing, yachting, and oil & gas maritime segments. In 2011,Vizada launched a bundled MSS/VSAT service,which reached its 100 th contract in February Founded in 1981, MTN Satellite Communications is a privately held VSAT service provider headquartered in Florida (USA). The company offers services for commercial shipping, cruise lines, oil and gas, mega yachts, government entities, and aviation markets, which represents a total of about 600 vessels worldwide. Harris Corporation acquired the satellite service business of Schlumberger in April 2011 and combined the business with its subsidiary Caprock to form Harris Caprock Communications. Harris Caprock Communications has its maritime headquarters in Florida (USA) and primarily provides VSAT services. It currently has 400 vessels, including cruise ships, commercial and offshore vessels. Radio Holland started to provide MSS services in 2002 and VSAT services in The Netherlands-based service provider has more than 200 maritime VSAT terminals. Radio Holland also provides MSS/VSAT packages. The company s main markets are Europe and Asia, and its main customers belong to the shipping industry. NSSL Global is a private satellite service provider, established in 1969 in the UK. The company provides global MSS and VSAT services for land and maritime (commercial shipping, offshore, and leisure). NSSL Global has a partnership with Telemar for maritime broadband VSAT services. Speedcast is a Hong Kong-based company that was founded in Owned by Asiasat since 2007, the service provider is specialized in VSAT but also offers MSS services. Speedcast has extensive coverage in Asia, Middle East, and Africa. Based in the Netherlands, Elektrikom was founded in 1985 and provides MSS and VSAT services. The service provider offers VSAT and Inmarsat services to 400 vessels, mainly in oil and gas and cruising. Elektrikom offers nearly global coverage in Ku-band. SingTel Satellite is part of Singapore s national telco Singapore Telecommuncations and provides MSS and VSAT services. The company began to offer maritime VSAT service in Its main maritime customers include oil tankers as well as merchant ships.

7 06\ LEISURE VESSELS SUPERYACHTS AS THE PREMIUM LEISURE MARKET >5% CAGR for superyacht fleet >Difficult time for shipyards in the next few years EUROPE AS THE FIRST DESTINATION FOR LEISURE VESSELS >European shipyards dominate the market >Americans as the most important superyacht owners >1,000 superyachts chartered per year LEISURE ACTIVITIES GENERALLY NOT REGULATED BY INTERNATIONAL CONVENTIONS HIGH END PROFILE CUSTOMERS WITH LARGE BANDWIDTH DEMAND >Customized and business applications onboard superyachts >Strong regional focus and strong seasonality MORE THAN 32,000 SATCOM TERMINALS BY 2023 >Satcom terminals to grow in the next decade >MSS terminals to grow to around 29,000 units by 2023 >VSAT terminals are highly competitive 07\ OFFSHORE RIGS, SUPPORTING VESSELS, AND FPSOS AS KEY SATCOM ADDRESSABLE MARKET 800 OPERATIONAL RIGS IN THE WORLD >Mobile rigs represent 80% of the global rig fleet >The North Sea as the most important region >Top ten rig operators representing close to 60% of the market >Mobile platforms apply the same regulations as ships OFFSHORE SURVEY AND SUPPLY VESSELS AS KEY SATCOM MARKETS PRODUCTION UNITS FOR LONG-TERM OPERATIONS >Seven different types of offshore production platforms >World offshore oil production to grow over the next decade SATELLITE COMMUNICATIONS AS THE BACKBONE CONNECTION A HIGHLY COMPETITIVE MARKET FOR SATCOM PROVIDERS >Consolidations let to a concentrated market >The market is expanding into emerging regions >Different telecommunications technologies competing with satcom >MSS widely used offshore for broadband connectivity and asset tracking >VSAT satcom widely accepted by the offshore community

8 SATCOM APPLICATION TRENDS IN THE OFFSHORE MARKET >More bandwidth for more communications in real time >Growth of deepwater platforms to drive satcom demand MORE THAN 36,000 SATCOM TERMINALS IN THE OFFSHORE SECTOR BY 2023 >Continuous growth over the next decade >MSS terminals are expected to reach more than 33,000 units by 2023 >VSAT terminals to pursue a growth rate of 11% through \ GOVERNMENT MORE THAN 10,000 GOVERNMENT VESSELS IN OPERATION IN 2013 >Military vessels as the core government market >Fewer crew members on board FLV in the future >Asia represents more than 40% of the world military fleet >Budget cuts may hurt naval programs >Global military fleet still to expand >The U.S. has the largest coast guard fleet GOVERNMENT AND MILITARY VESSELS ARE IMPORTANT SATCOM USERS >Satellite communication has been crucial for naval forces since the 1980s >Proprietary versus commercial satellite capacity >The market is dominated by a few specialized service providers MAJOR GOVERNMENT MARITIME SATCOM USERS >U.S. Navy >U.S. Coast Guard >Rest of the world KEY TRENDS AND DRIVERS >Managed end-to-end service contracts instead of pure capacity leases >Inmarsat legacy services in a transition phase in maritime government markets >A move to higher bands to allow broadband connectivity >Trends towards increasing use of proprietary milsatcom systems >Hosted payloads to enhance and complement government systems >New applications >Tracking and monitoring AROUND 9,500 SATCOM TERMINALS EXPECTED ONBOARD GOVERNMENT VESSELS BY 2023 >Government maritime, a $105 million market for satellite operators by 2023 >A clear trend towards VSAT in upcoming years

9 TABLES & GRAPHS 01\ STRATEGIC ISSUES & FORECASTS NUMBER OF ACTIVE MARITIME SATELLITE TERMINALS BY TECHNOLOGY ( ) NUMBER OF ACTIVE MARITIME SATELLITE TERMINALS BY SEGMENT ( ) MARITIME SATELLITE CAPACITY REVENUES BY TECHNOLOGY ( ) MARITIME SATELLITE CAPACITY REVENUES BY SEGMENT ( ) NUMBER OF ACTIVE MARITIME VSAT TERMINALS BY FREQUENCY BAND ( ) MARITIME FSS CAPACITY REVENUES FOR VSAT BY FREQUENCY BAND ( ) FSS TRANSPONDER CAPACITY BY FREQUENCY BAND ( ) NUMBER OF ACTIVE MARITIME MSS TERMINALS BY APPLICATION ( ) MARITIME MSS WHOLESALE REVENUES BY APPLICATION ( ) MARITIME CAPACITY BY REGION ( ) EXAMPLES OF MARITIME KU-BAND VSAT COVERAGE MARITIME SHIPPING TRAFFIC WORLDWIDE 02\ MARKET DYNAMICS & VALUE CHAIN MARITIME SATCOM INDUSTRY VALUE CHAIN 2013 MARITIME VSAT INDUSTRY VALUE CHAIN 2013 MARITIME MSS INDUSTRY VALUE CHAIN 2013 MSS OPERATORS MARKET SHARE OF 348,270 MARITIME TERMINALS IN 2013 MSS OPERATORS MARKET SHARE OF $510 MILLION WHOLESALE MARITIME REVENUES IN 2013 MARITIME VSAT SERVICE PROVIDERS MARKET SHARE OF 11,220 TERMINALS IN 2013 INMARSAT-C INSTALLATION ( ) EVOLUTION OF L-BAND AND S-BAND BASED MSS SATELLITES EXAMPLES OF VSAT SERVICE PROVIDERS PRODUCT OFFERINGS EXAMPLES OF MARITIME SATCOM EQUIPMENT MANUFACTURERS EXAMPLES OF MARITIME SATCOM EQUIPMENT ZONES DEFINED BY 1982 CONVENTION OF THE LAW OF THE SEA GLOBAL MARITIME REGULATORY APPLICATIONS 03\ MERCHANT SHIPPING WORLD MERCHANT FLEET BY VESSEL SIZE IN 2013 (OVER 100 GT) EVOLUTION OF WORLD MERCHANT FLEET BETWEEN 2005 AND 2013 (OVER 100 GT) EVOLUTION OF THE MERCHANT FLEET TONNAGE ( ) MERCHANT SHIPPING FLEET SPLIT BY TYPE ( ) WORLD MERCHANT FLEET AGE GROUPS IN PERCENTAGE IN 2013 (OVER 100 GT) WORLD MERCHANT SHIPPING FLEET BY OWNERSHIP (>1,000 GT SHIPS) SATELLITE TERMINALS BY TECHNOLOGY MERCHANT SHIPPING ( ) SATELLITE CAPACITY REVENUES BY TECHNOLOGY MERCHANT SHIPPING ( ) 04\ FISHING DISTRIBUTION OF ENGINE-POWERED FISHING VESSELS ( ) FISH REGIONAL CATCHING DISTRIBUTION WORLD DISTRIBUTION OF FISHERS NUMBER OF INDUSTRIALIZED VESSELS (OVER 100 GT) GEOGRAPHIC DISTRIBUTION OF WORLD S INDUSTRIALIZED VESSELS MAIN FISHING REGIONS INDUSTRIALIZED FISHING VESSELS DISTRIBUTION SATELLITE TERMINALS BY TECHNOLOGY FISHING ( ) SATELLITE CAPACITY REVENUES BY TECHNOLOGY FISHING ( ) SATCOM APPLICATIONS IN THE FISHING MARKET EXAMPLES OF NATIONAL VMS IMPLEMENTATION SATELLITE SYSTEMS USED FOR VMS

10 TABLES & GRAPHS CONTINUED 05\ PASSENGER SHIPS WORLD PASSENGER SHIP FLEET (OVER 100GT) WORLD ACTIVE CRUISE FLEET (OVER 1,000 GT) CRUISE SHIP FIRST DESTINATIONS SATELLITE TERMINALS BY TECHNOLOGY PASSENGER SHIPS ( ) SATELLITE CAPACITY REVENUES BY TECHNOLOGY PASSENGER SHIPS ( ) EXAMPLES OF ONBOARD TELECOM SERVICES 06\ LEISURE VESSELS SUPERYACHTS FLEET WORLDWIDE WORLD SUPERYACHTS FLEET BY SIZE WORLD SUPERYACHTS FLEET BY TYPE LEISURE YACHTS FIRST DESTINATIONS SATELLITE TERMINALS BY TECHNOLOGY LEISURE VESSELS ( ) SATELLITE CAPACITY REVENUES BY TECHNOLOGY LEISURE VESSELS ( ) CHARTERED YACHTS BY TYPE, PER YEAR CHARTERED YACHTS PREFERRED DESTINATIONS IN \ OFFSHORE WORLD FLEET OF ACTIVE OFFSHORE RIGS GEOGRAPHIC DISTRIBUTION OF ACTIVE RIGS OFFSHORE OIL PRODUCTION & FORECAST ACTIVE RIGS & FPSO ASSETS DISTRIBUTION WORLDWIDE SATELLITE TERMINALS BY TECHNOLOGY OFFSHORE ( ) SATELLITE CAPACITY REVENUES BY TECHNOLOGY OFFSHORE ( ) TYPOLOGY OF OFFSHORE RIGS TYPOLOGY OF PLATFORM SUPPORT & DEVELOPMENT VESSELS TYPOLOGY OF OFFSHORE PRODUCTION UNITS EXAMPLES OF SATCOM APPLICATIONS FOR THE OFFSHORE INDUSTRY EXAMPLES OF SATCOM SERVICE PROVIDERS FOR THE OFFSHORE INDUSTRY ROUTE OF BP S GOM FIBER NETWORK 08\ GOVERNMENT SATELLITE TERMINALS BY TECHNOLOGY GOVERNMENT ( ) SATELLITE CAPACITY REVENUES BY TECHNOLOGY GOVERNMENT ( ) MAIN TYPES OF VESSELS IN THE NAVY PROPRIETARY GOVERNMENT SYSTEMS THAT PROVIDE CAPACITY FOR MARITIME SATCOM SYSTEMS EXAMPLES OF GOVERNMENT MARITIME SERVICE PROVIDERS MAJOR GOVERNMENT MARITIME CONTRACTS OVER THE LAST THREE YEARS

11 EUROCONSULT THOUGHT LEADERSHIP \ Over 30 Years of expertise Euroconsult is the leading global consulting firm specializing in satellite related services and in the broadcast markets. As a privately-owned, fully independent firm, we provide first-class strategic consulting, develop comprehensive research, and organize executive-level annual summits. With over 30 years of experience, Euroconsult is trusted by over 560 clients in 50 countries. We rely on a multi-cultural team of over 30 full-time experts based in Paris, Montreal and Washington, D.C., complemented by a network of senior affiliate consultants. EUROCONSULT RESEARCH Over the past 30 years, Euroconsult has maintained an unparalleled expertise in assessing trends in satellite services and in the digital broadcasting industry. We collect, update and assess on a yearly basis detailed market, industry, policy, program and financial information internationally. We have developed proprietary databases and forecast models that are systematically applied and are central to the publication of thematic research reports. The consistency of the approach is an essential quality trusted by leading organizations that are regular users over the years. Euroconsult research focuses on the assessment of the industry including its structure, market players, revenues and dynamics. Research reports include long-term trends, commercial/ programmatic and economic benchmarking, up-to-date information, and ten year forecasts supported by key ratios. With research published on an annual and biennial basis, these surveys have been used as reference tools by most public and private stakeholders involved in our sectors of expertise. Industrial companies Government programs & policies Satellite communications Earth observation Digital broadcasting and more... We are trusted experts in the satellite industry, advising the world s leading businesses and governments.

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