Global Space Technology Market Size & Outlook, 2025-2030
Global space technology market, 2018-2030 (US$M)
Related Markets
Global space technology market highlights
- The global space technology market generated a revenue of USD 466.1 million in 2024 and is expected to reach USD 769.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.3% by 2030.
- In terms of segment, satellite systems accounted for a revenue of USD 190.5 million in 2024.
- In-Space Infrastructure Systems is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 466.1 million |
| Market revenue in 2030 | USD 769.7 million |
| Growth rate | 9.3% (CAGR from 2025 to 2030) |
| Largest segment | Satellite systems |
| Fastest growing segment | In-Space Infrastructure Systems |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Launch Systems, Satellite Systems, Ground Systems, In-Space Infrastructure Systems |
Other key industry trends
- In terms of revenue, the North America accounted for 46.7% of the global space technology market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 24.7 million by 2030.
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Space Technology Market Scope
Space Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| OHB System | View profile | 1001-5000 | Bremen, Bremen, Germany, Europe | https://www.ohb.de |
| Hedron | View profile | 1-10 | Milan, Lombardia, Italy, Europe | https://hedron.it |
| ICEYE | View profile | 501-1000 | Espoo, Southern Finland, Finland, Europe | https://www.iceye.com |
| Sierra Nevada Corporation | View profile | 1001-5000 | Sparks, Nevada, United States, North America | https://www.sncorp.com |
| Safran | View profile | 10001+ | Pantin, Ile-de-France, France, Europe | http://www.safran-group.com |
| Lockheed Martin Corporation | View profile | - | - | - |
| Northrop Grumman Corporation | View profile | 10001+ | Fort George G Meade, Maryland, United States, North America | https://www.northropgrumman.com/ |
| Ball Corporation | View profile | 10001+ | Broomfield, Colorado, United States, North America | http://ball.com |
| Boeing | View profile | 1001-5000 | London, England, United Kingdom, Europe | https://www.boeing.co.uk |
| Blue Origin | View profile | 10001+ | Kent, Washington, United States, North America | http://www.blueorigin.com |
| SpaceX | View profile | 1001-5000 | Hawthorne, California, United States, North America | https://www.spacex.com |
| Astra Space Inc Class A | View profile | 193 | 1900 Skyhawk Street, Alameda, CA, United States, 94501 | https://www.astra.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 |
| General Dynamics Corp | View profile | 111600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | https://www.gd.com |
| Rocket Lab USA Inc | View profile | 1650 | 3881 McGowen Street, Long Beach, CA, United States, 90808 | https://www.rocketlabusa.com |
| Virgin Galactic Holdings Inc Shs A | View profile | 805 | 1700 Flight Way, Tustin, CA, United States, 92782 | https://www.virgingalactic.com |
| Hindustan Aeronautics | View profile | 10001+ | Bengaluru, Karnataka, India, Asia | https://hal-india.co.in |
| Airbus SE | View profile | 150093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | https://www.airbus.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Global space technology 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 space technology market will help companies and investors design strategic landscapes.
Satellite systems was the largest segment with a revenue share of 40.87% in 2024. Horizon Databook has segmented the Global space technology market based on launch systems, satellite systems, ground systems, in-space infrastructure systems covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Space Technology Technology Outlook (Revenue, USD Million, 2018-2030)
- Launch Systems
- Satellite Systems
- Ground Systems
- In-Space Infrastructure Systems
- Others
- Global Space Technology End Use Outlook (Revenue, USD Million, 2018-2030)
- Government
- Military
- Commercial
- Global Space Technology Application Outlook (Revenue, USD Million, 2018-2030)
- Navigation & Mapping
- Meteorology
- Disaster Management
- Satellite Communication
- Remote Sensing
- Science & Engineering
- Earth Observation
- Military and national security
- Data & Analytics
- Information Technology
- Internet Services
- Manufacturing
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global space technology market , including forecasts for subscribers. This global databook contains high-level insights into Global space technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global space technology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Space technology market size, 2024 (US$M)
Global space technology market share, by technology, 2024 & 2030 (%, US$M)
Space technology market: Opportunity assessment by country
Global space technology market, by region, 2024 (US$M)
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