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State of the Space Industry' Forecasts $90+ Billion Market This Year

The build up in defence spending and new growth in traditional broadcasting and communications markets should keep the space industry smiling

 Washington - Jan 19, 2004
The International Space Business Council announced that the '2004 State of the Space Industry' would be released late this week. Among its conclusions are that a rebound in commercial orders for satellites and launch vehicles, combined with an increasing Department of Defense budget for space systems, and a rise in consumer satellite services will drive the industry toward greater growth.

Highlights of the outlook include a sector-by-sector analysis of the trends driving the industry and revenue forecasts for the next five years. The effects of President Bush's plans for NASA are also addressed.

Published since 1996, the 'State of the Space Industry' has been identified as a key source for understanding the business and financial issues and trends facing space and satellite manufacturers, suppliers, and service providers. It is authored by Scott Sacknoff, an authority on the business of the space industry and its civil, military, and commercial customers.

Additional details on the 'State of the Space Industry' can be found here.

Individual copies can be ordered via the bookstore at SpaceBusiness.com for $225. Additional copies cost $150. In the past month the ISBC has released the '2004 North American Space Directory' as well as 2004 updates to the 'U.S. Military Space Prime Contracts', and 'Space Industry Finance' reports.

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