Each year, SIA publishes the leading analysis of the satellite industry’s economic performance.
The 2014 State of the Satellite Industry Report concluded that global industry revenues for calendar year 2013 increased to $189.2 billion, 3% higher than in 2012. Additionally, three of the four industry segments demonstrated positive growth:
- Satellite Services revenues increased by five percent globally from 2012 to 2013, reaching $118.6 billion, powered by continued growth in consumer satellite television services.
- Satellite Manufacturing revenues, reflecting the value of satellites launched in 2013, grew by eight percent worldwide to $15.7 billion. U.S. satellite manufacturing increased by 33 percent, from $8.2 billion to $10.9 billion.
- Satellite Launch revenues, which include revenues for all commercially competed launches that occurred in 2013, declined by seven percent from their all-time peak in 2012, though U.S. revenues increased by 17 percent, rising from $2.0 billion to$2.4 billion and the number of commercially procured launches conducted worldwide increased slightly from 59 to 62.
- Satellite Ground Equipment revenues continued to increase, increasing by one percent over 2012 to reach $55.5 billion. Consumer ground equipment, including satellite TV, satellite broadband, mobile satellite terminals, and navigation devices, constituted thebulk of these revenues.
In addition to revenue and industry trend analysis, the report includes numbers on U.S. private sector satellite industry employment through the third quarter of 2013. The post-recession decline in employment has now been stopped, as U.S. firms reduced employment by less than 250 jobs out of a total of more than 225,000. U.S. private sector employment in the satellite services and satellite launch segments expanded in the first three quarters of 2013, while the other two segments offset this growth.