Space Equipment - Global Strategic Business Report

Global Space Equipment Market to Reach $580.5 Billion by 2030

The global market for Space Equipment estimated at US$411.8 Billion in the year 2022, is projected to reach a revised size of US$580.5 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Communications Satellites, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$273.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Earth Observation Satellites segment is readjusted to a revised 3.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $120.5 Billion, While China is Forecast to Grow at 4% CAGR

The Space Equipment market in the U.S. is estimated at US$120.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$101.8 Billion by the year 2030 trailing a CAGR of 4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 36 Featured) -

• AAR CORP.
• Airbus Group SE
• Applied Radar, Inc.
• Arianespace SA
• BAE Systems Plc
• Ball Aerospace
• Bombardier, Inc.
• Dassault Aviation SA
• DigitalGlobe, Inc.
• Honeywell International, Inc.
• Israel Aerospace Industries Ltd.
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• RUAG Holding AG
• Safran SA
• Space Exploration Technologies Corp.
• The Boeing Company

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year