Due to the positive factor that satellite technology has become more accessible and affordable, Euroconsult's latest report, Trends & Prospects for Emerging Space Programs confirms that in the last 20 years, 24 countries in 2015 have launched 69 satellites. This includes countries that have taken the initial step and launched their first satellite. In fact, 2015 was a record breaking year with nine of the first-timers' satellites launched.
The report continues with the forecast indicating that by 2025 there will be 47 countries coming forward as emerging into space programs with 23 newcomers who will have committed their first investment in space between 2016 and 2025. In the next 10 years more than 130 are predicted to be launched, doubling the total of the last decade. The value of the 130 satellites is more than double in cost, at almost $12 billion, versus the more than $5 billion during 2006-2015.
New to this edition, Euroconsult has developed an index, called ESP Index, which aims to model the probability for a new country to invest in a satellite system. The ESP Index is based on a three-part process consisting of data gathering, analysis, and ranking of 148 countries. The index is based on factors determined to be relevant in evaluating the initiation of a space program. The relevance of the ESP Index was verified with a "reality check" that consists of reviewing the score of countries that have already launched or ordered a satellite.
Steve Bochinger, COO of Euroconsult and editor of the report stated, "Based on their score in Euroconsult's ESP Index, some countries show a high profile regarding potential investment in satellite solutions and acquisition; four countries show very high potential as they rank in the top 20 countries while not having yet procured a satellite. Five other countries rank between 20th and 30th position."
Another new aspect of the report is a targeted survey completed with a selection of countries, in which part of the 24 countries identified as "already active" ESPs. The questionnaire was aimed to collect primary information on the countries' experience in implementing a satellite program, their strategy, benefits and lessons learned. The survey results, along with the collection of public information and the editor's own knowledge of subject matter, are combined to create Euroconsult's benchmark of emerging space programs.