SpaceWorks Releases Global Launch Vehicle Market Assessment Report for Nano and Microsatellites
SpaceWorks has released a mini-study “Global Launch Vehicle Market Assessment, A study of launch services for nano/microsatellites in 2013”. The reports aims to capture the growing number of future nano/microsatellite missions requiring a launch.
This years findings include:
– The total number of launches per year has been relatively constant over the last four years despite the significant rise in number of satellites launched per year.
– Nearly half of 2013 launches experienced significant delay, an unfortunate result for secondary payloads seeking rideshare opportunities.
– Our historical analysis suggests that the current supply of launch vehicles will not sufficiently serve future nano/microsatellite market demand.
– In order to foster the dynamic growth observed in 2013, the launch vehicle market will need to provide more launches and increase the portion of launches servicing nano/microsatellites.
Editor’s update: I received an email from Spaceworks to clarify that is not their annual assessment but rather a mini-study they conducted.