Europe Satellite Manufacturing Market Size & Outlook

The satellite manufacturing market in Europe is expected to reach a projected revenue of US$ 11,584.9 million by 2030. A compound annual growth rate of 16.9% is expected of Europe satellite manufacturing market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,362.6
Forecast, 2030 (US$M)
$11,584.9
CAGR, 2025 - 2030
16.9%
Report Coverage
Europe

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Europe satellite manufacturing market, 2018-2030 (US$M)

Europe satellite manufacturing market, 2018-2030 (US$M)

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Europe satellite manufacturing market highlights

  • The Europe satellite manufacturing market generated a revenue of USD 4,362.6 million in 2024.
  • The market is expected to grow at a CAGR of 16.9% from 2025 to 2030.
  • In terms of segment, low earth orbit (leo) was the largest revenue generating category in 2024.
  • Geostationary orbit (GEO) is the most lucrative category segment registering the fastest growth during the forecast period.
  • Country-wise, Spain is expected to register the highest CAGR from 2025 to 2030.


Europe data book summary

Market revenue in 2024USD 4,362.6 million
Market revenue in 2030USD 11,584.9 million
Growth rate16.9% (CAGR from 2025 to 2030)
Largest segmentLow earth orbit (leo)
Fastest growing segmentGeostationary orbit (GEO)
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow Earth orbit (LEO), Medium Earth orbit (MEO), Geostationary orbit (GEO), Others Category


Other key industry trends

  • In terms of revenue, Europe region accounted for 19.4% of the global satellite manufacturing market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 16,067.9 million by 2030.

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Satellite Manufacturing Market Companies

Name Profile # Employees HQ Website
ArianeGroup View profile 5001-10000 Issy-les-moulineaux, Ile-de-France, France, Europe https://www.ariane.group/en/
Sierra Nevada Corporation View profile 1001-5000 Sparks, Nevada, United States, North America https://www.sncorp.com
INVAP View profile 1001-5000 San Carlos De Bariloche, Rio Negro, Argentina, South America http://www.invap.com.ar/en/
SpaceX View profile 1001-5000 Hawthorne, California, United States, North America https://www.spacex.com
Thales Group View profile 10001+ Paris, Ile-de-France, France, Europe http://www.thalesgroup.com
Maxar Technologies View profile 1001-5000 Westminster, Colorado, United States, North America https://www.maxar.com
Boeing Co View profile 171000 929 Long Bridge Drive, Arlington, VA, United States, 22202 https://www.boeing.com
Northrop Grumman Corp View profile 101000 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 https://www.northropgrumman.com
Lockheed Martin Corp View profile 122000 6801 Rockledge Drive, Bethesda, MD, United States, 20817 https://www.lockheedmartin.com
Airbus SE View profile 150093 P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA https://www.airbus.com
RTX Corp View profile 185000 1000 Wilson Boulevard, Arlington, VA, United States, 22209 https://www.rtx.com
Mitsubishi Electric Corp View profile 149134 Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 https://www.mitsubishielectric.com

Europe satellite manufacturing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to satellite manufacturing market will help companies and investors design strategic landscapes.


Low earth orbit (leo) was the largest segment with a revenue share of 65.32% in 2024. Horizon Databook has segmented the Europe satellite manufacturing market based on low earth orbit (leo), medium earth orbit (meo), geostationary orbit (geo), others category covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe satellite manufacturing market databook

  • Our clientele includes a mix of satellite manufacturing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe satellite manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe satellite manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe satellite manufacturing market size, by country, 2018-2030 (US$M)

Europe Satellite Manufacturing Market Outlook Share, 2024 & 2030 (US$M)

Europe satellite manufacturing market size, by country, 2018-2030 (US$M)

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