Brazil Space Technology (spacetech) Market Size & Outlook
Brazil space technology (spacetech) market, 2018-2030 (US$M)
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Brazil space technology (spacetech) market highlights
- The Brazil space technology (spacetech) market generated a revenue of USD 1,061.8 million in 2023 and is expected to reach USD 2,006.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, space vehicles was the largest revenue generating type in 2023.
- Deep-space communication is the most lucrative type segment registering the fastest growth during the forecast period.
Space technology (spacetech) market data book summary
| Market revenue in 2023 | USD 1,061.8 million |
| Market revenue in 2030 | USD 2,006.8 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Space vehicles |
| Fastest growing segment | Deep-space communication |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Space Vehicles, Deep-space communication, In-space Propulsion |
| Key market players worldwide | Airbus SE, Astra Space Inc Class A, Ball Corp, Boeing Co, China Aerospace International Holdings Ltd, General Dynamics Corp, Hindustan Aeronautics, Honeywell International Inc, Lockheed Martin Corp, Maxar Technologies, Northrop Grumman Corp, Rocket Lab USA Inc, Safran SA, Sierra Nevada Brewing, Thales Group, Virgin Galactic Holdings Inc Shs A |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.3% of the global space technology (spacetech) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico space technology (spacetech) market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,006.8 million by 2030.
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Space Technology (SpaceTech) Market Scope
Space Technology (SpaceTech) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil space technology (spacetech) 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 (spacetech) market will help companies and investors design strategic landscapes.
Space vehicles was the largest segment with a revenue share of 63.47% in 2023. Horizon Databook has segmented the Brazil space technology (spacetech) market based on space vehicles, deep-space communication, in-space propulsion covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil space technology (spacetech) market , including forecasts for subscribers. This country databook contains high-level insights into Brazil space technology (spacetech) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil space technology (spacetech) market
Brazil Space Technology (SpaceTech) Market Outlook Share, 2023 & 2030 (US$M)
Brazil space technology (spacetech) market
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