Europe Space Technology Market Size & Outlook, 2025-2030

The space technology market in Europe is expected to reach a projected revenue of US$ 150.1 million by 2030. A compound annual growth rate of 10.1% is expected of Europe space technology market from 2025 to 2030.
Revenue, 2024 (US$M)
$86.6
Forecast, 2030 (US$M)
$150.1
CAGR, 2025 - 2030
10.1%
Report Coverage
Europe

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

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

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Europe space technology market highlights

  • The Europe space technology market generated a revenue of USD 86.6 million in 2024.
  • The market is expected to grow at a CAGR of 10.1% 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, UK is expected to register the highest CAGR from 2025 to 2030.


Europe data book summary

Market revenue in 2024USD 86.6 million
Market revenue in 2030USD 150.1 million
Growth rate10.1% (CAGR from 2025 to 2030)
Largest segmentSatellite systems
Fastest growing segmentIn-Space Infrastructure Systems
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 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, Europe region accounted for 18.6% 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 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

Europe 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 41.11% in 2024. Horizon Databook has segmented the Europe 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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  • Our clientele includes a mix of space technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe space technology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe space technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe space technology market size, by country, 2018-2030 (US$M)

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

Europe space technology market size, by country, 2018-2030 (US$M)

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