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SpaceEconomics

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Eurospaceeconomicdatacapabili7es

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�  Europeanspaceindustry(upstream)annualreview¡  PublishedbyEurospace-Eurospacefacts&figures

�  Globalspaceac7vityannualreview¡  PublishedbyEurospace-SpaceTrends¡  PartlylicensedtotheUSSpaceFounda7on-TheSpaceReport¡  SupportedbyLEATdatabase

÷  Tracksallorbitallaunchessince1957÷  Quan7ta7veapproachforSCbasedonmassatlaunchandtechnologyintensityindex÷  MarketapproachforLaunchac7vity,basedonmarketpricedatabaseplusanalog

es7mates÷  Enablessta7s7csonspacecraOdetails(mission,mass,customer,supplier,typeof

propulsion,etc.)andlauncherdetails(version,site,typeofpropellant,propellantusage,orbitserved,performance,etc.)

�  Europeanspacebudgetsannualconsolida7on&review¡  Analysisforinternalcustomersmostly¡  ExcerptspublishedbyUSSpaceFounda7on-TheSpaceReport

Global

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Masslaunched(kg)byPublic/Privatecustomers

Spaceeconomydata

4

0

100000

200000

300000

400000

500000

600000

700000

1957

1959

1961

1963

1965

1967

1969

1971

1973

1975

1977

1979

1981

1983

1985

1987

1989

1991

1993

1995

1997

1999

2001

2003

2005

2007

2009

2011

2013

2015

2017

Private

Public

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Ins9tu9onal(public)customers Commercial(private)customers

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0

50

100

150

200

250

300

350

Humanac7vi7es

Telecommunica7ons

Remotesensing

Science

Naviga7on/Localisa7on

Technologytests/IOD 0

50

100

150

200

250

300

350

5

SpacecraO(tons)launchedworldwide2008-2017bymainmission

Privateini7a7veinspaceverystronglyfocusedontelecommunica7ons.Onlypublicins7tu7onscoverthewholespanofspaceapplica7ons.Theyarealsoinchargeofmostac7vi7esrelatedtotechnologydevelopmentandvalida7on.

GlobalLaunchMarketEs7mateatMarketprices(M$)

0

1000

2000

3000

4000

5000

6000

7000

2013 2014 2015 2016 2017

PrivateCustomers

PublicCustomers

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Globallaunchmarketes7matesRegionalmarketshares(supplyM$)

0

500

1000

1500

2000

2500

3000

2013 2014 2015 2016 2017

China Europe Ex-USSR India Japan USA

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TheGlobalspaceindustrySCproduc7onbysupplierregion(kg)

Spaceeconomydata

8

0

20000

40000

60000

80000

100000

120000

140000

160000

180000

2013 2014 2015 2016 2017

China Europe Ex-USSR India Japan USA

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TheGlobalspaceindustryworkforce(upstream)

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21%

6%

35%

7%2%

29%

China Europe ex-USSR India Japan USA

Spaceindustryworkforceworldwide:about720.000people

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Cap7veandaccessiblemarkets

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Suppliersexposuretocap7ve/openSCmarkets(2013-2017)Masslaunched(tons)–SCSupplierperspec7ve

Spaceeconomydata

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0

100

200

300

400

ChinaSupply Europe

Supply Ex-USSRSupply India

Supply JapanSupply USA

Supplycap7ve

open

SpecialagreementNASA/RoskosmosforISSservicing,notOpen

market

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SuppliersexposuretoopenDomes7c&NotSCmarkets(2013-2017)Masslaunched(tons)–SCSupplierperspec7ve

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0

50

100

150

200

China Europe Ex-USSR IndiaJapan

USA

Opendomes7c

Opennondomes7c

SpecialagreementNASA/RoskosmosforISSservicing,notreallyOpenmarket

Source:EurospaceLEAT

TheUSindustrypenetra7onoftheEuropeanopenmarket(71t)isalmostasimportantastheEuropeanindustryshareoftheEuropeanopenmarket(84t)-itis100%largeGEOTLC.TheEuropeanindustrypenetra7onoftheUSopenmarket(10t)isonlyworth8%ofthetotalUSopenmarket(120t)-onlyonelargeGEOsoldtoUScustomer(DirectTV).

AssessmentofEuropeancompaniesmarketpenetra7on(tons)

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0

50

100

150

200

250

300

350

400

450

500

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

NonaccessiblemarketAccessibleMarketforEurope(t)Cap7vemarketEuropeanSCshareoftotal(t)LaunchedbyEurope(t)

Europeanlaunchprovidermanagedtocaptureanaverage40%oftheaccessiblelaunchmarket

ThemarketaccessibletoEuropeancompaniesrepresentsonly36%ofthetotalmarket

Source:EurospaceLEAT

Europeancompaniesmanagedtocaptureanaverage31%oftheaccessiblesatellitemarket-thisshareishighlyfluctua7ng

SatelliteExports

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HistoryofSatelliteexports(inmass)

Spaceeconomydata

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0

100

200

300

400

500

600

700

Tons

Domes7cProcurement

Exports

Satelliteexportsarearecentphenomenon,startedinthemid90s.Exportsrepresentabout25%oftotalsatellitemasslaunchedeveryyear

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WhatwasexportedintheLastDecade

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0

20

40

60

80

100

120

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

Exportsbymissionandsystemvalue

Naviga7on&posi7oning

Remotesensing&Science

Technology

Telecommunica7ons

�  Atotalof243satelliteswereexportedinthedecade¡  81%aresatellitesworth10M$andmore

¡  76%areTelecommunica7onssystems

�  Thetotales7matevalueoftheexportmarketisintheorderof25B$fortheDecade,i.e.2,5B$/year

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Wherearesatellitesexportedto?(2008-2017)

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-

1

2

3

4

5

6

Algeria

An

gola

Australia

Azerbaijan

Berm

udaIsland

sBo

livia

Brazil

Canada

Chile

China

Egypt

Hongkong

Indo

nesia

Ira

qIsrael

Japan

Kazakhstan

Laos

Luxembo

urg

Malaysia

Mexico

Morocco

Nigeria

Pakistan

Peru

Russia

Saud

iArabia

Singapore

SouthAfrica

SouthKo

rea

Thailand

Turkey

Turkmen

istan

UnitedArabEmira

tes

USA

Ve

nezuela

Vietnam

Austria

Bu

lgaria

Denm

ark

France

Italy

Nethe

rland

sNorway

Poland

Spain

UK

Europe

B$

Marketvaluebydes9na9oncountryinthedecade

Europeancountriesrepresentedthemaindes9na9onsegmentforsatelliteexports

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ThesatelliteTradeBalance

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-6 -3 0 3 6 9 12 15

USA

Europe

China

Russia(CIS)

Japan

India

Thousands

Imports

Exports

�  TheUSAisthelargestexporterofsatellitesworldwide,with>12B$worthofexportsinthedecade.¡  Withlessthan300M$worthof

importsinthedecadetheUSAexhibitalargelyposi7vesatellitetradebalance

�  Europeisthelargestimporterofsatellitesworldwide,with>5B$worthofimportsinthedecade¡  Thankstoitsgoodexport

capaci7es(worth>9B$)intheperiod,itmaintainsagloballyposi7vesatellitetradebalance

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TheDecadeinbrief

Spaceeconomydata

19�  Satelliteexportsrepresenteda

volumeof243spacecraOinTheDecade.i.e.<25/year.

�  SatelliteExportsrepresentaglobalvalueof25B$inthedecade¡  Mostofthevalue(>95%)was

generatedinonesinglemarketsegment:theTLCsatellitesegment÷  USsupplywasleadingthissegment

(58%)followedbyEurope(31%)¡  Thesecondsegment(4%invalue)is

thatofRemotesensingsatellites÷  Eurosupplywasleadingthis

segment,challengedbyChina¡  Allothermissions/applica7ons

segmentsareveryrareintheexportmarkets

�  Exportedsatelliteswereproducedinavarietyofcountries,butthebulkofthesupplyoriginatesfrom¡  USA¡  Europe¡  China¡  Russia

�  Themaindes7na7onsforsatelliteexportswere:¡  Europe¡  USA¡  Canada¡  SaudiArabia¡  China¡  Japan¡  Brazil

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ConclusiononEuropeansatelliteexports

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�  USAisthemainexporterofsatellitesworldwide.Withtotalexportsworth13B$,theUSAgeneratedatradebalancesurplusonsatellites,worth10B$inthepastdecade.

�  Europeisanetexporterofsatellites.¡  With9,5B$worthofsatelliteexports,EuropewassecondtotheUSA.

�  Europeanprovidesthelargestdes9na9onmarketforsatelliteexports(worth5B$inthepastdecade).¡  EuropesufferedfromatradedeficitonsatelliteswiththeUSA(>2B$inthedecade).This

deficitiscompensatedbythetradesurplusonsatellitemarketswithothercountries�  Satellitesarenetposi9vecontributortotheEUglobaltradesurplus.

¡  EUsatellitecontributedanes7mated430M$/yeartoEU'sposi7vetradebalanceforgoodsinthepastdecade,i.e.2%of2017EU'snettradesurplus.

¡  Thesatelliteindustry,representsonly0,084%oftheEuropeanmanufacturingindustryworkforce.

�  ThesatelliteindustryhasaveryhighleverageeffectonEUglobaltrade.

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ANNUAL F A C T S & F I GURE S SURVEY

Europeanspacemanufacturingindustry

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Europeanspaceindustrysalesandemployment1996-2017(M€,right&FTE,leO)

Spaceeconomydata

22

0

5000

10000

15000

20000

25000

30000

35000

40000

45000

20172014201120082005200219991996-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000Finalsales

DirectSpaceemployment

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Salesbymainmarketsegment-Europeanpublicen77esvsCommercialandexports(M€)

Spaceeconomydata

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-

1,000

2,000

3,000

4,000

5,000

6,000

20172014201120082005200219991996

SalestoEuropeanpublicen77es Commercial&exportssales

Other/unknown

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Focus:Europeanpublic/ins7tu7onalcustomers

Spaceeconomydata

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0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000SalestoESA

SalestotheEuropeanCommission

Salestopublicsatelliteoperators

Salestoothercivilpublicagencies

Salestomilitaryins7tu7ons

0 200 400 600 800 1000

Launcher

Telecommunica7onssystems

EarthObserva7onsystems

Naviga7onsystems

Science&explora7on

HumanSpaceinfrastructure

Microgravity(racks,experiments)

EGSE,MGSE(test&supportequipmt)

Groundsta7ons(TT&C,UL/DL…)

Professionalservices

Other&unknown

ESA

Otherins7tu7onalEurope

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Focus:Thecommercialmarket(privatecustomersandexports)

Spaceeconomydata

25

945

824394

486

144

379

279

SalestoArianespace

Salestoprivatesatelliteoperators(EU)

Salestoprivatesatelliteoperators(RoW)

Salestoothercompaniesinthesector(RoW)

Salestopublicsatelliteoperators(RoW))

Salestocivilpublicagencies(RoW)

Salestomilitaryins7tu7ons(RoW)

0 200 400 600 800 1,0001,200

Launcher

Telecommunica7onssystems

EarthObserva7onsystems

Naviga7onsystems

Science&explora7on

HumanSpaceinfrastructure

Microgravity(racks,experiments)

EGSE,MGSE(test&supportequipmt)

Groundsta7ons(TT&C,UL/DL…)

Professionalservices

Other&unknown

Europeancustomers

Exports

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Downstreamandvaluechain

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The"commercialspaceindustry"(2017)

Spaceeconomydata

27�  Commercialspaceisalooselydefined

segment�  Themostcommonlypublishedfigures

(releasedbySIA)includesthefollowingmarketsegments¡  Satelliteservices

÷  Satellitecommunica7ons÷  Earthobserva7onproducts

¡  ContentsdistributedbySatellite÷  DTHTV÷  Satelliteradio

¡  Spacesystems÷  SpacecraOmanufacturing÷  Launchindustry

¡  Groundsta7ons&equipment÷  Terminalsandenduserequipment

�  They'addup'to307,5B$in2017�  TheBryce/SIAapproachisfullof

loopholesandques7onableassump7ons

86.0

6.8

2.5

0.7

97.6

23.2

5.4

3.4

81.9

Groundsta7ons&equipmt

Satellitemanufacturing

Launchindustry

Insurance

DTHTV

Satellitecomms

Satelliteradio

EarthObserva7on

Posi7oning,naviga7on&7ming

0 20 40 60 80 100 120

Source:SIA(www.sia.org)-Bryce

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Downstreammarketsegments(Euroconsult/Ber7n)

Spaceeconomydata

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