Industry Analysis & Industry Trends
The Space Vehicle and Missile Manufacturing industry fizzled out over the past five years, as funding for industry programs declined. However, despite less government spending, the industry's commercial space activity has increased, resulting in a rise in the number of industry operators. In the five years to 2019, industry revenue is forecasted to increase, due to climbing demand for communications satellites, exports, new missile and space development programs. In addition, the hardly established space tourism sector is anticipated to play a larger role during the next five years. Nonetheless, decreased federal funding is will continue to threaten industry growth... purchase to read more
Industry Report - Starting a New Business Chapter
For each industry segment, the barriers to entry are formidable. High start-up costs come in the form of land acquisitions, facilities construction and technological investments; these costs make it extremely difficult for new companies to enter the industry. Entry is more feasible in the parts and components manufacturing segments; however, participants in these areas are largely subject to the requirements of major industry players who outsource these activities, and are not likely to work with new partners.
Industry operators require a highly skilled workforce that is capable of exploiting leading-edge technologies... purchase to read more