According to Euroconsult's latest report, China Space Industry 2018, the China space value chain had an estimated size of more than $16 billion in 2017, with the downstream market accounting for just over 85%. Satellite Navigation, one of the key satellite applications in China, was the main revenue generator in 2017, ahead of Satellite Communications and Earth Observation.
This premier edition of the report provides a deep-dive analysis of the current Chinese space ecosystem and future expected evolutions, from upstream to downstream, and covers each of the key satellite applications in China: Satellite Manufacturing, Launch, Satellite Communications, Earth Observation, Satellite Navigation and Space Exploration.
For each of the markets, key current and potential future players expected to have an impact on the ecosystem are profiled, including details on their strategies, funding, technological competencies and potential future plans.
"China's space industry is rapidly evolving, with an increasing number of nominally private companies competing in different parts of the space industry in both China and abroad, and with the Chinese space industry starting to play a bigger role in cutting-edge technology," said Dimitri Buchs, Senior Consultant at Euroconsult and editor of the report.
"Changes are occurring at a rapid pace across the value chain, for both upstream and downstream activities and for all application domains."