Eurospace facts and figures released soon. Download the Press Release here.
It has been 20 years now since Eurospace launched the Facts and Figures survey, and this year we celebrate the 21st edition of the report. It has been two decades of careful data collection, verification and analysis, supported by unfailing commitment of participating companies to provide the most accurate and detailed data sets. Over time the Eurospace facts and figures survey has established itself as a reference source of information on the economic situation of the space manufacturing sector in Europe and as a methodological benchmark for other sectoral surveys worldwide. I wish to express my gratitude to all participating companies, members and non-members of Eurospace alike, that make this achievement possible every year.
In 2016 our sector continues to celebrates a decade of business growth, reaching for the first time two record values: consolidated sales in excess of 8 Billion Euro, and employment in excess of 40.000 FTE. These records exemplify the good tenure of an industrial sector which has proven its unique level of efficiency and competitiveness enabling its good penetration of accessible markets for both spacecraft and launch services, as well as supporting the constant growth of institutional programmes in Europe.
From the commercial market perspective, the results in 2016 confirm two growing trends of the past five years: the increase of revenues generated with private satellite operators worldwide, and the good value of sale of European equipment and payload for integration on non European programmes. Operational launcher sales have remained rather stable in 2016. The good results on commercial market segments have been offset slightly by the lower level of revenues generated with exports to public satellite operators. A new trend may be confirmed for the export of military system (mostly for observation), a market segment yet untapped by our US competition. Nonetheless, telecommunications systems are still the main driver of European space systems exports, and are the only market segment where our industry has higher revenues abroad than it has in Europe.
From the institutional market perspective, which has been the main driver for revenue increase in 2016 with an 18% growth factor (worth 750 M€ of sales increase), ESA is still the reference customer of our sector. In 2016 sales to ESA grew to 3.4B€ thanks to increased business related to the Copernicus and Galileo programmes, and with the positive impact of the roll out of Ariane 6 development activities. Another interesting trend although of a lesser scale, is the regain of activity related to military systems sales, reaching a value approaching 0.6 B€. The business associated to national programmes on the other hand remains stable over time, representing almost 0.8B€.
The year 2017 is a year of challenges and opportunities, focusing on EU budgets process and the initial steps to guarantee the good support of space programmes in the post 2020 multi-annual financial framework. Indeed with the EU becoming a major contributor to the ESA budget, the preservation and enhancement of space programmes in the EU budgets is a critical activity for the future of the sector. The involvement of European players in the 'New Space' business, and the achievements of our competition, particularly in the launcher area, will need to be monitored closely. In this context Eurospace will continue its work in supporting the good understanding of industrial issues at institutional and political levels and favour the necessary cohesion and consensus among the sector.
Pierre Lionnet - Research Director