Satellite industry continued to grow despite concerns about expor...
Satellite industry continued to grow despite concerns about export laws, consolidation and dwindling support from financial markets, said 2002 Satellite Industry Indicators Survey put out by Satellite Industry Assn. Study said satellite services remained largest and fastest growing segment,…
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generating $46.4 billion in revenue in 2001, up 18% over 2000. Of that, $7.2 billion came from lease of transponders and remaining $39.2 billion from subscription satellite services, report said. Manufacture of satellite- related ground equipment accounted for $19.6 billion, up 12% from 2000. U.S. satellite manufacturing, including payments to satellite prime contractors and their subcontractors, produced $5.5 billion of $14.1 billion in global revenue. U.S. launch services industry generated $1.7 billion or 34% of global launch revenue. U.S. launch and manufacturing industry revenue declined at greater rate than global average, report said, caused by several factors, including competitiveness of foreign suppliers, fluctuation of international exchange rates and continued global perception that U.S. satellite export control laws were barrier to commerce. Statistics for report were compiled by SIA and Futron Corp.