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OECD Handbook on Measuring the Space Economy - OECD Online ...

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I.3. PRINCIPAL ACTORS IN THE SPACE ECONOMY<br />

Table 3.2. An example of <strong>the</strong> space sector’s value chain for satellite<br />

telecommunicati<strong>on</strong>s<br />

Activity Descripti<strong>on</strong> Selected actors 1<br />

<strong>Space</strong> systems<br />

manufacturing<br />

● Study and design of <strong>the</strong> missi<strong>on</strong><br />

● Satellite, ground and launch manufacturing<br />

● Assembling, integrati<strong>on</strong><br />

● Testing<br />

● End-to-end systems delivery (satellite, ground, launch<br />

service and insurance)<br />

● Satellite in-orbit testing<br />

● Telemetry, tracking, command and m<strong>on</strong>itoring<br />

Launch ● Launch system manufacturing<br />

Fleet<br />

management<br />

and operati<strong>on</strong>s<br />

Service<br />

provisi<strong>on</strong>ing<br />

● Launch system management (and sale when applicable)<br />

● System integrati<strong>on</strong> (satellites and launchers)<br />

● Satellite fleet management and c<strong>on</strong>trol<br />

● Uplink and downlink<br />

● Capacity provisi<strong>on</strong>ing<br />

● End-to-end services<br />

● Service packaging and development<br />

● Marketing and sales<br />

● Distributi<strong>on</strong> and management of retail channels<br />

1. Many actors can be active <strong>on</strong> multiple segments.<br />

2. EBIT: Earnings before interest and taxes (when applicable).<br />

Source: Adapted from Thales Alenia <strong>Space</strong> (2010).<br />

Thales Alenia <strong>Space</strong>,<br />

Orbital, Northrop<br />

Grunman, OHB<br />

technology, EADS, Loral<br />

<strong>Space</strong> &<br />

Communicati<strong>on</strong>s,<br />

Lockheed Martin, Ball,<br />

RKK Energia<br />

Lockheed Martin, EADS,<br />

RKK Energia,<br />

Arianespace, ISRO<br />

SES, Eutelsat, Intelsat,<br />

Inmarsat, Orbcomm,<br />

Chinasat Globalstar,<br />

Telespazio<br />

ISIC Codes<br />

Estimates<br />

of EBIT<br />

margins 2<br />

3030 2%-8%<br />

and even investments in new tourism-related activities (e.g. space-related<br />

amusement parks, suborbital flights).<br />

Satellite communicati<strong>on</strong>s have reached maturity in terms of user base.<br />

As shown in Table 3.3, users of data networks using satellites (Very small<br />

aperture terminal – VSATs) for example include various government<br />

departments and agencies, but also banks, insurance companies, general<br />

stores, supermarkets, car dealerships, lottery systems, healthcare companies,<br />

manufacturers, hotel electrical utilities, oil and gas pipelines, energy<br />

producti<strong>on</strong> and explorati<strong>on</strong>, timber companies, plantati<strong>on</strong>s, maritime<br />

shipping fleets to name but a few. This allows a first identificati<strong>on</strong> of actual<br />

users of space applicati<strong>on</strong>s, and many market studies focus <strong>on</strong> this aspect<br />

(more indicators of <strong>the</strong> satellite telecommunicati<strong>on</strong>s sector are provided in<br />

Part 2 of <strong>the</strong> <str<strong>on</strong>g>Handbook</str<strong>on</strong>g>).<br />

Finally, as already menti<strong>on</strong>ed by <str<strong>on</strong>g>OECD</str<strong>on</strong>g> (2005), <strong>the</strong> integrati<strong>on</strong> of<br />

technologies, thanks to advances in computing power as well as miniaturisati<strong>on</strong>,<br />

is both an opportunity and a challenge for developers of space applicati<strong>on</strong>s. This<br />

is also a challenge for trying to statistically map <strong>the</strong> many new downstream<br />

applicati<strong>on</strong>s. As an example, <strong>the</strong> markets for broadcasting are undergoing<br />

<str<strong>on</strong>g>OECD</str<strong>on</strong>g> HANDBOOK ON MEASURING THE SPACE ECONOMY © <str<strong>on</strong>g>OECD</str<strong>on</strong>g> 2012 45<br />

3030<br />

5120<br />

6130<br />

6190<br />

1%-6%<br />

30%-40%<br />

<strong>Space</strong>net Inc., Embratel 6190 From<br />

negative to<br />

15%

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