Home Facts company

Arianespace Expects Potential Growth in Asian Market

Arianespace Expects Potential Growth in Asian Market

Write: Davey [2011-05-20]
Arianespace, the world's leading launch service company, said on Wednesday that it looked forward to the future growth of satellite-launching business in the Asia- Pacific region.

"The general trend is increasing," said Philip Balaam, regional sales and marketing director for Asia, in an event held in Hong Kong to celebrate the 30th founding anniversary of the European- based company.

Balaam expected the business in the region would cover about 40 percent of the company's business around the world in the future. Up to now, the satellite launching business in the Asia-Pacific region accounted for about one third of the total business of the company.

Arianespace would continue to strengthen its presence in the Asia-Pacific region, which is one of the core markets for the company, he added.

Opening a representative office in Tokyo in 1986, the company had supported the satellite industry in Asia for more than 20 years, covering about 70 percent of the regional launch market.

Founded in 1980, Arianespace serves 76 customers representing 101 countries. As of Oct. 1, 2010, Arianespace had launched a total of 283 payloads, accounting for more than half of all the commercial satellites now in service worldwide.