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| The global space satellite business alone is a US$ 120 billion industry and is growing rapidly. There are approx 3,000 man-made satellites circling this planet. As plans mature for reusable launch vehicles, with development of more space based land enabled applications, the space sector's $ 120 bn could easily mushroom to $1.2 trillion or more in the coming years. The activity in two commercial satellite services, DTH Television and Global Positioning System (GPS) equipment and chipsets, drove robust space industry growth. These are the two largest sub segments of the space industry and also posted strongest growth numbers contributing nearly $20 billion in economic activity to the global economy. With over 45 countries already having an access to space and still growing numbers there is an urgent need for global vendors |
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