Each year, SIA publishes the leading analysis of the satellite industry’s economic performance.
The 2012 State of the Satellite Industry Report concluded that global industry revenues for calendar year 2011 increased to $177.3 billion, 5% higher than in 2010. Additionally, all four industry segments continued to demonstrate positive growth:
- Satellite Services continued to drive the growth of the global industry, increasing by 6% to $107.7 billion;
- Satellite Manufacturing grew by 9% in 2011, rising to from $11.9 billion, though revenue reporting for this segment is driven by both market dynamics and methodological factors;
- Satellite Launch revenues increased by 10% with United States launch revenues growing from $1.2 billion to $1.9 billion in 2011; and,
- Satellite Ground Equipment grew by 2%, mostly due to sales of stand-alone GPS devices and network equipment.
In addition to revenue and industry trend analysis, the report includes numbers on U.S. Satellite industry employment through 2011. While the rate of the decline in U.S. private sector satellite industry employment has declined, employment still fell by 1.8% in 2011.