Asia Pacific Space Technology Market Size & Outlook
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Asia Pacific space technology market highlights
- The Asia Pacific space technology market generated a revenue of USD 106.3 million in 2024.
- The market is expected to grow at a CAGR of 11.3% from 2025 to 2030.
- In terms of segment, satellite systems was the largest revenue generating technology in 2024.
- In-Space Infrastructure Systems is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 106.3 million |
| Market revenue in 2030 | USD 196.3 million |
| Growth rate | 11.3% (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, Asia Pacific region accounted for 22.8% of the global space technology 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 196.3 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 |
Asia Pacific 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 41.77% in 2024. Horizon Databook has segmented the Asia Pacific 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.
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Target buyers of Asia Pacific space technology market databook
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Our clientele includes a mix of space technology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 Asia Pacific space technology market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific space technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific space technology market size, by country, 2018-2030 (US$M)
Asia Pacific Space Technology Market Outlook Share, 2024 & 2030 (US$M)
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