Two decades of satellite exports

2019 edition

By P. Lionnetdata crunch & rendering: G. Carollo

1

25/09/2019 Two decades of satellite exports (c) by Eurospace

History of Satellite exports (in mass)

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0

100

200

300

400

500

600

700

Ton

s

Satellite Exports vs Domestic procurement 1957-2018 (mass)

Domestic Markets

Export/Import Satellite exports are a recent phenomenon, started in the mid 90s. Exports now

represent about 15-25% of total satellite mass launched every year

Key findings• Satellite exports started in the early nineties (with the emergence of

Commercial space)

• Satellite exports concern mostly TLC satellites (80% in number,

95% of total value).

• Remote sensing satellites represent a secondary, less sizeable market.

• Satellite exports are growing in value and in numbers:

• In 1999-2008 about 18 satellites were exported every year for an average annual

value of almost 1B$/year

• In 2009-2018 about 28 satellites are exported annually worth 2,5B$/year at least.

• The USA is the main exporter of satellites worldwide.

• The main destination for US satellite export is Europe.

• Europe is a net exporter of satellites (worth 9,6 B$ in the past

decade)

• Europe is the second global satellite exporter, after the USA

• European countries provides the largest destination market for

satellite exports (worth 6,1B$ in the past decade).

• European satellite imports are mostly supplied from the USA

• As a result Europe suffers from a trade deficit on satellites with the USA (>2B$ in

the decade).

• This deficit is more than compensated by the trade surplus on satellite markets

with other countries (Saudi Arabia, Canada, Brazil...).

• Satellites are net positive contributors to the EU global trade

surplus.

• EU satellites contributed an estimated 500M$/year to EU's positive

trade balance for goods in the past decade, i.e. 2% of 2018 EU's net

trade surplus.

• The satellite industry, with its average 25000 employees/year represents only

0,084% of European manufacturing industry workforce.

• The satellite industry has a very high leverage effect on EU global trade.

Two decades of satellite exports (c) by Eurospace 325/09/2019

Key figures

• Two decades• Satellites exported: 465

• TLC: 353 & EO: 74

• Value of exports: 43,2 B$

• TLC: 41,2B$ & EO: 2B$

• TLC systems (mostly large GEO) represent 95% of export markets

• US exports represent 57% of TLC exports

• EUR Export represent 36% of TLC exports

• EUR Imports represent 21% of TLC exports

• Last decade• Satellite exported: 284

• TLC: 207 & EO: 47

• Value of exports: 27,1 B$

• TLC: 25,8B$ & EO: 1,2B$

• TLC systems (mostly large GEO) represent 95% of export markets

• US exports represent 56% of TLC exports

• EUR Export represent 35% of TLC exports

• EUR Imports represent 23% of TLC exports

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What was exported in the Two DecadesCount of S/C exports by mission and system value1999-2008 (#)

0

20

40

60

80

100

120

0 - 1M 1 - 10M 10 - 100M 100 - 300M

Remote sensing & Science

Technology

Telecommunications

Count of S/C exports by mission and system value 2009-2018 (#)

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20

40

60

80

100

120

0 - 1M 1 - 10M 10 - 100M 100 - 300M 300+M

Navigation & positioning

Remote sensing & Science

Technology

Telecommunications

Telecommunication systems represent 95% of the total value of satellite exports

worldwide

Supplier's PerspectiveValue of satellite exports by class and supplier region 1999-2008 (B$)

0

2000

4000

6000

8000

10000

12000

14000

0 - 1M 1 - 10M 10 - 100M 100 - 300M

China Europe Russia India USA Others

Value of satellite exports by class and supplier region 2009-2018 (B$)

0

2000

4000

6000

8000

10000

12000

14000

0 - 1M 1 - 10M 10 - 100M 100 - 300M 300+M

China Europe Russia India USA Japan Others

25/09/2019 Two decades of satellite exports (c) by Eurospace 6

The USA are the largest exporters of High value

satellites (GEO TLC segment). Their share is growing

Where are satellites exported to?

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2

3

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6

7

B$

Market value by destination country 2009-2018

SES

Inm

arsat

IridiumGlobalsatarOrbcom

Together, European countries represented the main destination for satellite exports in the past decade – two operators represent

50% of all European imports: SES and Inmarsat

The satellite Trade Balance Sum of S/C Values 1999 – 2008 B$ Sum of S/C Values 2009 – 2018 B$

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-6 -3 0 3 6 9 12 15 18

USA

Europe

China

Russia (CIS)

Japan

India

B$

Imports

Exports

-6 -3 0 3 6 9 12 15 18

USA

Europe

China

Russia (CIS)

Japan

India Imports

Exports

B$

Europeansurplus

320M$/year

US surplus 715M$/year

Europeansurplus

355M$/yearUS surplus 1B$/year

Supply and Demand SynthesisSatellite export countries and destinations 1999 – 2008 (B$)

Satellite export countries and destinations 2009 – 2018 (B$)

2,40

2,27

0 5 10 15 20

China Supplier

Europe Supplier

India Supplier

Others Supplier

Russia Supplier

USA Supplier

B$

China ImportEurope ImportJapan ImportRussia ImportUSA ImportOthers Import

5,92

3,83

0 5 10 15 20

China Supplier

Europe Supplier

India Supplier

Japan Supplier

Russia Supplier

USA Supplier

B$

China Import

Europe Import

Japan Import

Russia Import

USA Import

Others Import

25/09/2019 Two decades of satellite exports (c) by Eurospace 9

satellite trade deficitUSA/Europe0,13 B$

satellite trade deficitUSA/Europe2,09 B$

GEO TLC segmentThe B$ commercial market

GEO TLC exports in value by Customer type and Supplier region (B$)2009 – 2018

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GEO TLC exports in value by Customer type and Supplier region (B$) 1999 – 2008

2,641,68

7,59

1,44

0

2

4

6

8

10

12

14

Private Public

B$ China

EuropeIndiaRussia (CIS)USA

1,26

4,56

12,54

1,88

0

2

4

6

8

10

12

14

Private PublicB

$

ChinaEuropeIndiaJapanRussia (CIS)USA

1.4B$/yearaverage

2.2B$/yearaverage

Remote Sensing segment The M$ 'political' market

S/C demand value by Customer and Supplier Country2009 – 2018 (M$)

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S/C demand value by Customer and Supplier Country1999 – 2008 (M$)

0 50 100 150 200 250 300 350

Canada

China

Dutch Antilles

Egypt

Indonesia

Iran

Japan

Malaysia

Nigeria

Singapore

South Korea

Taiwan

Thailand

Turkey

USA

Europe

Ex-USSR

Others

USA

0 50 100 150 200 250 300 350

Algeria

Austria

Brazil

Canada

Chile

China

Egypt

France

Italy

Japan

Kazakhstan

Malaysia

Morocco

Nigeria

Norway

Pakistan

Peru

Poland

Singapore

South Africa

South Korea

Spain

Turkey

United Arab…

USA

Venezuela

Vietnam

Europe

Ex-USSR

Others

USA

China

120M$/yearaverage

75M$/yearaverage

Annexes

Two decades of satellite exports (c) by Eurospace 1225/09/2019

Definitions/methodology• Export: satellite procured outside the region/country where it is produced• Note that the satellite is not always physically exported to the customer country, but delivered to the launch site.

The value of the satellite export is registered in the Trade Balance with the customer country.• Note that are excluded from the analysis all systems for human flights

• In the period considered these are relevant to US procurement to Russia of ISS transfer services

• Note that this analysis does not include the export of satellite equipment/payload/sub-assemblies by lack of a consistent body of data.• This market (for sub-assemblies) may represent up to 1B$/year in exports worldwide

• The analysis considers 7 geographical regions• Europe (EU+ESA European MS), USA, Russia (CIS), China, Japan, India and Others (bundles all countries not

included in 6 main regions)• Satellite production regions are allocated based on the Satellite bus manufacturing location.

• For every satellite in the analysis we have estimated a ROM price category, to try and illustrate with values the importance of the Export market. • Satellites are organised by ROM price class (from 0 to 1, 10, 100, 300, above 300 M$)• Satellite estimate values are added up to broadly assess market segments

• The analysis is based on all satellite exports registered at date of launch in the period 1999-2018, with the analysis separating the period in two decades.

Two decades of satellite exports (c) by Eurospace 1325/09/2019

What was exported in the two Decades

• 1999-2008: • Total of 181 SC • total value 16000 (16142.575)Million €

• TELECOM 146 S/C x 15400 M€ (15370.56) 80% of tot number of produced S/C is TELECOM with a value of 95.21% of the total

• 2009-2018: • Total of 284 SC • total value 27000 (27153.442)Million €

• TELECOM 207 S/C x 26000 M€ (25857.80) 72% of tot number of produced S/C is TELECOM with a value of 95.23% of the total (less satellites but more valuable)

Two decades of satellite exports (c) by Eurospace 1425/09/2019

Supply and Demand SynthesisSatellite export countries and destinations 1999 – 2008 (#)

Satellite export countries and destinations 2009 – 2018 (#)

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0 50 100 150 200

China Supplier

Europe Supplier

India Supplier

Others Supplier

Russia Supplier

USA Supplier

China Import

Europe Import

Japan Import

Russia Import

USA Import

Others Import

0 50 100 150 200

China Supplier

Europe Supplier

India Supplier

Japan Supplier

Russia Supplier

USA Supplier

China Import

Europe Import

Japan Import

Russia Import

USA Import

Others Import

The satellite Trade BalanceCount of traded S/C1999 – 2008 (#)

Count of traded S/C2009 – 2018 (#)

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-200 -100 0 100 200

USA

Europe

China

Russia (CIS)

Japan

India Imports

Exports

-200 -100 0 100 200

USA

Europe

China

Russia (CIS)

Japan

IndiaImports

Exports

Market Segments

• Export markets can be segmented according to the following criteria• The satellite mission

• The customer (public entity vs private entity)

• The satellite size/value

Two decades of satellite exports (c) by Eurospace 1725/09/2019

Telecommunications mission segment

Two decades of satellite exports (c) by Eurospace 1825/09/2019

TLC mission segmentCount of TLC SC by orbit and value class2009 – 2018 (#)

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0

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40

60

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100

120

0 - 1M 1 - 10M 10 - 100M 100 - 300M

LEO

GEO

Count of TLC SC by orbit and value class1999 – 2008 (#)

0

20

40

60

80

100

120

0 - 1M 1 - 10M 10 - 100M 100 - 300M 300+M

LEO

GEO

TLC mission segmentValue of TLC S/C by orbit2009 – 2018 (B$)

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Value of TLC S/C by orbit 1999 – 2008 (B$)

0

5

10

15

20

25

0 - 1M 1 - 10M 10 - 100M 100 - 300M

B$

LEO

GEO

0

5

10

15

20

25

0 - 1M 1 - 10M 10 - 100M 100 - 300M 300+M

B$

LEO

GEO

GEO TLC US/Europe Trade USA and Europe Trade for GEO TLC SC M$2009 – 2018

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USA and Europe Trade for GEO TLC SC M$1999 – 2008

1207,08

2396,43

0

1000

2000

3000

4000

5000

6000

7000

Europe Demand USA Demand

Europe supply

USA supply

549,225

5921,19

0

1000

2000

3000

4000

5000

6000

7000

Europe Demand USA Demand

Europe supply

USA supply

GEO TLC, demand from non space powers Demand from non space powers2009 – 2018 (M$)

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Demand from non space powers1999 – 2008 (M$)

0 500 1000 1500 2000 2500

Australia

Bermuda Islands

Brazil

Canada

Egypt

Indonesia

Malaysia

Mexico

Nigeria

Saudi Arabia

South Africa

South Korea

Thailand

Turkey

Venezuela

Vietnam

China Supply

Europe Supply

USA Supply

0 500 1000 1500 2000 2500

Algeria

Angola

Australia

Azerbaijan

Bangladesh

Bermuda Islands

Bolivia

Brazil

Bulgaria

Canada

Egypt

Hongkong

Indonesia

Israel

Laos

Malaysia

Mexico

Nigeria

Pakistan

Qatar

Saudi Arabia

Singapore

South Africa

South Korea

Thailand

Turkey

Turkmenistan

Vietnam

China Supply

Europe Supply

Japan Supply

Russia Supply

USA Supply

Remote sensing mission segment

Two decades of satellite exports (c) by Eurospace 2325/09/2019

Remote sensing segmentRemote sensing segment value by customer type and value class (M$)2009 – 2018

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Remote sensing segment value by customer type and value class (M$)1999 – 2008

0

100

200

300

400

500

600

700

0 - 1M 1 - 10M 10 - 100M 100 - 300M

Civil

Military

0

100

200

300

400

500

600

700

0 - 1M 1 - 10M 10 - 100M 100 - 300M

Civil

Military

RS segment - Supplier's perspectiveSum of Value of exported S/C by supplier2009 – 2018 (M$)

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Sum of Value of exported S/C by supplier1999 – 2008 (M$)

0 100 200 300 400 500

USA

China

Europe

Russia (CIS)

Others-Canada

Others-Israel

Others-New Zealand

Others-South Korea

0-1M

1-10M

10-100M

100-300M

0 100 200 300 400 500

USA

China

Europe

Russia (CIS)

Others-Canada

Others-Israel

Others-New Zealand

Others-South Korea

Other-Kenya

0-1M

1-10M

10-100M

100-300M

RS segment - Customer countriesCount of S/C demand by Customer2009 – 2018 (#)

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Count of S/C demand by Customer1999 – 2008 (#)

0 2 4 6 8 10

Canada

China

Dutch Antilles

Egypt

Indonesia

Iran

Japan

Malaysia

Nigeria

Singapore

South Korea

Taiwan

Thailand

Turkey

USA

Europe

Ex-USSR

Others

USA

0 2 4 6 8 10

Algeria

Austria

Brazil

Canada

Chile

China

Egypt

France

Italy

Japan

Kazakhstan

Malaysia

Morocco

Nigeria

Norway

Pakistan

Peru

Poland

Singapore

South Africa

South Korea

Spain

Turkey

United Arab Emirates

USA

Venezuela

Vietnam

Europe

Ex-USSR

Others

USA

China

RS segment - Customer countries for EU satellite exports

Sum of Values of S/C (M$)2009 – 2018

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Sum of Values of S/C (M$)1999 – 2008

0 50 100 150 200 250

Canada

Indonesia

Malaysia

Nigeria

Singapore

South Korea

Taiwan

Thailand

Turkey

1 - 10M

10 - 100M

100 - 300M

0 50 100 150 200 250

Algeria

Canada

Chile

Kazakhstan

Morocco

Nigeria

Peru

Singapore

South Korea

Turkey

Vietnam

1 - 10M

10 - 100M

100 - 300M