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Space Technology (SpaceTech) Global Market Report 2024

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    Report

  • 175 Pages
  • April 2024
  • Region: Global
  • The Business Research Company
  • ID: 5954595
The space technology (SpaceTech) market size has grown strongly in recent years. It will grow from $425.18 billion in 2023 to $462.43 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The historical growth can be attributed to the increasing demand for space data and services, advancements in rocket development, improvements in space situational awareness, enhancements in propulsion systems, the deployment of satellite constellations, and the emergence of in-space manufacturing capabilities.

The space technology (SpaceTech) market size is expected to see strong growth in the next few years. It will grow to $612.91 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The anticipated growth in the forecast period can be attributed to the expansion of the space sector, advancements in space exploration technologies, the emergence of new space applications, the miniaturization of satellites, and improvements in launch vehicle capabilities. Major trends in the forecast period include the development of new technologies, technological innovations, the growth of commercial spaceflight opportunities, advancements in GPS navigation systems, and improvements in weather reporting capabilities.

The growth of the space technology (SpaceTech) market is expected to be propelled by the increasing focus on space exploration. Space exploration involves the exploration and study of outer space using various technologies such as satellites, probes, and manned missions. These endeavors utilize space technology to gather data, conduct research, and enable human exploration beyond Earth's atmosphere. For example, in June 2023, the Satellite Industry Association (SIA) reported a record-breaking 2,325 satellites launched into orbit in 2022, including 161 in commercial launches, driven by increased affordability and innovation. Of these, 84% were aimed at supporting commercial communications. Revenue from satellite manufacturing experienced a 15% growth from 2021 to 2022, with American producers capturing 64% of the global total. Hence, the rise in space exploration is fueling the growth of the space technology (SpaceTech) market.

Key players in the space technology (SpaceTech) market are focusing on developing innovative products to strengthen their market position. One such innovation is the aerospace pollution monitoring instrument, which utilizes sensors and detectors to measure and analyze air, water, or soil quality for environmental assessment. For example, in April 2023, Ball Aerospace & Technologies Corp., a US-based manufacturer of spacecraft and technologies, launched the tropospheric emissions monitoring of pollution (TEMPO) instrument. TEMPO observes air quality in geostationary orbit during daylight hours, providing high spatial resolution measurements of pollutants such as nitrogen dioxide, formaldehyde, and ozone across North America. With its capability to track pollution at micro-urban scales every hour, TEMPO enhances air quality prediction accuracy by 50%.

In June 2023, York Space Systems, a US-based developer of small-scale spacecraft platforms, acquired Emergent Space Technologies Inc. for an undisclosed amount. This acquisition is expected to bolster York's software capabilities and enhance its mission design for defense, civil, and intelligence community programs. Emergent Space Technologies Inc. specializes in developing mission software and guidance, navigation, and control (GN&C) solutions for multi-spacecraft missions.

Major companies operating in the space technology (spacetech) market are The Boeing Company, Lockheed Martin Corporation, Airbus SE, China Aerospace Science and Technology Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., NEC Corporation, Safran S.A., Thales Group, Ball Corporation, Leonardo SpA, SpaceX, Hindustan Aeronautics Limited, Viasat Inc., SES S.A., Maxar Technologies, Eutelsat Communications SA, Sierra Nevada Corporation, OHB System AB, National Aeronautics and Space Administration (NASA), MDA Space, Telesat, Rocket Lab USA Inc, ICEYE Inc, Blue Origin LLC, Beijing Commsat Technology Development Co. Ltd, Astra Space Inc, Virgin Galactic, Hedron.

North America was the largest region in the space technology (SpaceTech) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the space technology (spacetech) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the space technology (spacetech) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Space technology, often referred to as SpaceTech, involves the application of engineering principles to the design, development, manufacture, and operation of devices and systems for space travel and exploration. It serves various purposes, including space exploration and activities beyond the Earth's atmosphere, such as the exploration of other planets, the study of the universe, and the provision of communication and navigation services to support human activities.

The primary types of space technology include space vehicles, spacecraft, space stations, orbital launch vehicles, deep-space communications, in-space propulsion, and other related categories. A space vehicle is a craft capable of traveling in outer space, serving as a satellite around the sun and transporting payloads such as satellites, space stations, and scientific instruments into space. Applications of space technology span navigation and mapping, meteorology, disaster management, satellite communication, satellite television, remote sensing, science and engineering, military and national security, internet services, and others. End users include government, military, and commercial entities.

The space technology (SpaceTech) research report is one of a series of new reports that provides space technology (SpaceTech) market statistics, including the space technology (SpaceTech) industry's global market size, regional shares, competitors with an space technology (SpaceTech) market share, detailed space technology (SpaceTech) market segments, market trends and opportunities, and any further data you may need to thrive in the space technology (SpaceTech) industry. This space technology (SpaceTech) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The space technology (SpaceTech) market consists of revenues earned by entities by providing services such as earth observation, navigation and positioning, space tourism, space debris tracking and management, and communication services. The market value includes the value of related goods sold by the service provider or included within the service offering. The space technology (SpaceTech) market also includes sales of satellites, spacecraft, space suits, spacecraft components, telescopes, payloads and instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Space Technology (SpaceTech) Market Characteristics3. Space Technology (SpaceTech) Market Trends and Strategies
4. Space Technology (SpaceTech) Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Space Technology (SpaceTech) Market Size and Growth
5.1. Global Space Technology (SpaceTech) Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Space Technology (SpaceTech) Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Space Technology (SpaceTech) Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Space Technology (SpaceTech) Market Segmentation
6.1. Global Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Space Vehicles
  • Spacecraft
  • Space Stations
  • Orbital Launch Vehicles
  • Deep-Space Communications
  • In-Space Propulsion
  • Other Types
6.2. Global Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Navigation and Mapping
  • Meteorology
  • Disaster Management
  • Satellite Communication
  • Satellite Television
  • Remote Sensing
  • Science and Engineering
  • Military and National Security
  • Internet Services
  • Other Applications
6.3. Global Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Government
  • Military
  • Commercial
7. Space Technology (SpaceTech) Market Regional and Country Analysis
7.1. Global Space Technology (SpaceTech) Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Space Technology (SpaceTech) Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Space Technology (SpaceTech) Market
8.1. Asia-Pacific Space Technology (SpaceTech) Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Space Technology (SpaceTech) Market
9.1. China Space Technology (SpaceTech) Market Overview
9.2. China Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Space Technology (SpaceTech) Market
10.1. India Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Space Technology (SpaceTech) Market
11.1. Japan Space Technology (SpaceTech) Market Overview
11.2. Japan Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Space Technology (SpaceTech) Market
12.1. Australia Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Space Technology (SpaceTech) Market
13.1. Indonesia Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Space Technology (SpaceTech) Market
14.1. South Korea Space Technology (SpaceTech) Market Overview
14.2. South Korea Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Space Technology (SpaceTech) Market
15.1. Western Europe Space Technology (SpaceTech) Market Overview
15.2. Western Europe Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Space Technology (SpaceTech) Market
16.1. UK Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Space Technology (SpaceTech) Market
17.1. Germany Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Space Technology (SpaceTech) Market
18.1. France Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Space Technology (SpaceTech) Market
19.1. Italy Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Space Technology (SpaceTech) Market
20.1. Spain Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Space Technology (SpaceTech) Market
21.1. Eastern Europe Space Technology (SpaceTech) Market Overview
21.2. Eastern Europe Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Space Technology (SpaceTech) Market
22.1. Russia Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Space Technology (SpaceTech) Market
23.1. North America Space Technology (SpaceTech) Market Overview
23.2. North America Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Space Technology (SpaceTech) Market
24.1. USA Space Technology (SpaceTech) Market Overview
24.2. USA Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Space Technology (SpaceTech) Market
25.1. Canada Space Technology (SpaceTech) Market Overview
25.2. Canada Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Space Technology (SpaceTech) Market
26.1. South America Space Technology (SpaceTech) Market Overview
26.2. South America Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Space Technology (SpaceTech) Market
27.1. Brazil Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Space Technology (SpaceTech) Market
28.1. Middle East Space Technology (SpaceTech) Market Overview
28.2. Middle East Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Space Technology (SpaceTech) Market
29.1. Africa Space Technology (SpaceTech) Market Overview
29.2. Africa Space Technology (SpaceTech) Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Space Technology (SpaceTech) Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Space Technology (SpaceTech) Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Space Technology (SpaceTech) Market Competitive Landscape and Company Profiles
30.1. Space Technology (SpaceTech) Market Competitive Landscape
30.2. Space Technology (SpaceTech) Market Company Profiles
30.2.1. The Boeing Company
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Lockheed Martin Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Airbus SE
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. China Aerospace Science and Technology Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. General Dynamics Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Space Technology (SpaceTech) Market Other Major and Innovative Companies
31.1. Northrop Grumman Corporation
31.2. Honeywell International Inc.
31.3. NEC Corporation
31.4. Safran S.A.
31.5. Thales Group
31.6. Ball Corporation
31.7. Leonardo SpA
31.8. SpaceX
31.9. Hindustan Aeronautics Limited
31.10. Viasat Inc.
31.11. SES S.A.
31.12. Maxar Technologies
31.13. Eutelsat Communications SA
31.14. Sierra Nevada Corporation
31.15. OHB System AB
32. Global Space Technology (SpaceTech) Market Competitive Benchmarking33. Global Space Technology (SpaceTech) Market Competitive Dashboard34. Key Mergers and Acquisitions in the Space Technology (SpaceTech) Market
35. Space Technology (SpaceTech) Market Future Outlook and Potential Analysis
35.1 Space Technology (SpaceTech) Market in 2028 - Countries Offering Most New Opportunities
35.2 Space Technology (SpaceTech) Market in 2028 - Segments Offering Most New Opportunities
35.3 Space Technology (SpaceTech) Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Space Technology (SpaceTech) Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on space technology (spaceTech) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for space technology (spaceTech) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The space technology (spaceTech) market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Space Vehicles; Spacecraft; Space Stations; Orbital Launch Vehicles; Deep-Space Communications; In-Space Propulsion; Other Types.
2) By Application: Navigation And Mapping; Meteorology; Disaster Management; Satellite Communication; Satellite Television; Remote Sensing; Science And Engineering; Military And National Security; Internet Services; Other Applications.
3) By End-Use: Government; Military; Commercial

Key Companies Mentioned: The Boeing Company; Lockheed Martin Corporation; Airbus SE; China Aerospace Science and Technology Corporation; General Dynamics Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • The Boeing Company
  • Lockheed Martin Corporation
  • Airbus SE
  • China Aerospace Science and Technology Corporation
  • General Dynamics Corporation
  • Northrop Grumman Corporation
  • Honeywell International Inc.
  • NEC Corporation
  • Safran S.A.
  • Thales Group
  • Ball Corporation
  • Leonardo SpA
  • SpaceX
  • Hindustan Aeronautics Limited
  • Viasat Inc.
  • SES S.A.
  • Maxar Technologies
  • Eutelsat Communications SA
  • Sierra Nevada Corporation
  • OHB System AB
  • National Aeronautics and Space Administration (NASA)
  • MDA Space
  • Telesat
  • Rocket Lab USA Inc
  • ICEYE Inc
  • Blue Origin LLC
  • Beijing Commsat Technology Development Co. Ltd
  • Astra Space Inc
  • Virgin Galactic
  • Hedron

Methodology

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Table Information