China Space Technology Market Size & Outlook, 2025-2030

The space technology market in China is expected to reach a projected revenue of US$ 95.4 million by 2030. A compound annual growth rate of 10.6% is expected of China space technology market from 2025 to 2030.
Revenue, 2024 (US$M)
$53.8
Forecast, 2030 (US$M)
$95.4
CAGR, 2025 - 2030
10.6%
Report Coverage
China

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China space technology market, 2018-2030 (US$M)

China space technology market, 2018-2030 (US$M)

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China space technology market highlights

  • The China space technology market generated a revenue of USD 53.8 million in 2024 and is expected to reach USD 95.4 million by 2030.
  • The China market is expected to grow at a CAGR of 10.6% 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.


Space technology market data book summary

Market revenue in 2024USD 53.8 million
Market revenue in 2030USD 95.4 million
Growth rate10.6% (CAGR from 2025 to 2030)
Largest segmentSatellite systems
Fastest growing segmentIn-Space Infrastructure Systems
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLaunch Systems, Satellite Systems, Ground Systems, In-Space Infrastructure Systems


Other key industry trends

  • In terms of revenue, China accounted for 11.5% of the global space technology market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China space technology market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 24.7 million by 2030.

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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

China 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 41.82% in 2024. Horizon Databook has segmented the China 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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  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the China space technology market , including forecasts for subscribers. This country databook contains high-level insights into China space technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China Technology - Space Technology Market size, 2024 - 2030 (US$M)

China Space Technology Market Outlook Share, 2024 & 2030 (US$M)

China Technology - Space Technology Market size, 2024 - 2030 (US$M)

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