Frost & Sullivan: Has the Satellite Industry Proven Resilient to the Challenging Economic Times?
By Frost Sullivan, PRNEMonday, May 31, 2010
Frost & Sullivan to Host Analyst Briefing on the satellite industry on Tuesday, 15 June, 2010 at 3:00pm BST
LONDON, June 1, 2010 - Despite continued economic turmoil, the satellite industry has grown.
Healthy order books, strong financial positioning (over the last few years)
of satellite industry participants, and continued demand from end-users
within application sectors such as oil and gas, communications and military
are some of the drivers that have enabled such resilience for the satellite
industry. However, the space industry's optimism about its ability to weather
the current economic storm is tempered by delays (even scaling down and
cancellations such as the TSAT program by US government) in finalizing
existing and future projects by end-users. Should the downturn persist, and
if markets fail to recover within the anticipated period, the limited
availability of financing and affordable insurance may leave financially
vulnerable players in the cold. This could lead to a series of mergers and
acquisitions to streamline the synergies of competitive products in order to
deliver higher efficiencies and larger market shares. So what does this mean
for satellite manufacturers and the satellite industry?
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To analyse developments in the satellite industry, the Aerospace &
Defence Group at Frost & Sullivan (www.aerospace.frost.com) is pleased
to announce that it will be hosting an online analyst briefing presentation
on Tuesday, 15 June, 2010 at 3:00 pm BST.
Highlights of the briefing include analyses of: satellite manufacturing
markets, regional trends and end-user expectations across the value chain.
By discussing emerging trends, end-user expectations and an overview of
the global satellite manufacturing industry, this briefing will benefit
satellite manufacturers, sub-system suppliers, and satellite operators.
"Growing demand for higher bandwidth communications and the finite
orbital slots has triggered satellite operators to order satellites that are
more powerful and more flexible than ever before," observes F&S Consulting
Analyst, Aman Pannu. "However, it is the wider acceptance of dual-use
platforms that will generate new opportunities for all participants involved;
satellite owners, satellite service providers and manufacturers."
To participate in this briefing, please email Monika Kwiecinska at
monika.kwiecinska@frost.com with: your full name, company name, title,
telephone number, e-mail, address, city, state and country and a registration
link will be e-mailed to you. You may also register to receive a recorded
version of the briefing at anytime by submitting the aforementioned contact
details.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best-practice models to
drive the generation, evaluation, and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from 40 offices on six continents. To join our Growth Partnership,
please visit www.frost.com.
Contact: Monika Kwiecinska Corporate Communications T: +48-(0)-22-390-4127 F: +48-(0)-22-390-4160 E: monika.kwiecinska@frost.com
www.frost.com
Monika Kwiecinska, Corporate Communications, Frost & Sullivan, +48-(0)-22-390-4127, Fax: +48-(0)-22-390-4160, monika.kwiecinska at frost.com
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