Europe Satellite Payloads Market Size & Outlook, 2025-2030

The satellite payloads market in Europe is expected to reach a projected revenue of US$ 4,831.6 million by 2030. A compound annual growth rate of 12.6% is expected of Europe satellite payloads market from 2025 to 2030.
Revenue, 2024 (US$M)
$2,254.0
Forecast, 2030 (US$M)
$4,831.6
CAGR, 2025 - 2030
12.6%
Report Coverage
Europe

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

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

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Europe satellite payloads market highlights

  • The Europe satellite payloads market generated a revenue of USD 2,254.0 million in 2024.
  • The market is expected to grow at a CAGR of 12.6% from 2025 to 2030.
  • In terms of segment, low earth orbit (leo) was the largest revenue generating orbit in 2024.
  • Low Earth Orbit (LEO) is the most lucrative orbit segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.

Europe data book summary

Market revenue in 2024USD 2,254.0 million
Market revenue in 2030USD 4,831.6 million
Growth rate12.6% (CAGR from 2025 to 2030)
Largest segmentLow earth orbit (leo)
Fastest growing segmentLow Earth Orbit (LEO)
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 Earth Orbit (GEO)

Other key industry trends

  • In terms of revenue, Europe region accounted for 25.2% of the global satellite payloads market in 2024.
  • Globally, Asia Pacific 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 8,072.3 million by 2030.

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Satellite Payloads Market Companies

Name Profile # Employees HQ Website
Sierra Nevada Corporation View profile 1001-5000 Sparks, Nevada, United States, North America https://www.sncorp.com
Airbus View profile 10001+ Leiden, Zuid-Holland, The Netherlands, Europe http://www.airbus.com
Lockheed Martin Corporation View profile - - -
Thales Group View profile 10001+ Paris, Ile-de-France, France, Europe http://www.thalesgroup.com
General Dynamics Corp View profile 111600 11011 Sunset Hills Road, Reston, VA, United States, 20190 https://www.gd.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
Mitsubishi Heavy Industries Ltd View profile 86331 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 https://www.mhi.com
L3Harris Technologies Inc View profile 50000 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 https://www.l3harris.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com

Europe satellite payloads 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 payloads market will help companies and investors design strategic landscapes.


Low earth orbit (leo) was the largest segment with a revenue share of 48.62% in 2024. Horizon Databook has segmented the Europe satellite payloads market based on low earth orbit (leo), medium earth orbit (meo), geostationary earth orbit (geo) covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe satellite payloads market databook

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

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

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

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

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