Space Weather Forecasting Market Report 2025

The space weather forecasting market size has grown rapidly in recent years. It will grow from $1.14 billion in 2024 to $1.26 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth during the historic period can be attributed to a rising number of space missions, increasing vulnerabilities of power grids, expanding commercialization of space, greater adoption of satellite-based internet services, and the growing deployment of cubesats and smallsats.

The space weather forecasting market size is expected to see strong growth in the next few years. It will grow to $1.84 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth during the forecast period can be attributed to rising satellite deployments, increasing demand for real-time space weather data, a higher frequency of solar storms, growing investments in space exploration, and an expanding focus on aviation safety. Key trends in the forecast period include improvements in satellite technology, the integration of AI and machine learning, advancements in solar observation instruments, the development of cubesat and smallsat platforms, and the incorporation of multi-satellite constellations.

The growth of the space weather forecasting market is expected to be driven by the rising number of satellite launches. Satellite launches involve sending artificial satellites into space using rockets to place them into specific orbits for communication, observation, navigation, or scientific objectives. The increase in satellite launches is fueled by the growing demand for global internet connectivity, which encourages companies to deploy large constellations of satellites in low Earth orbit. Space weather forecasting supports satellite launches by predicting solar storms and radiation levels, helping mission planners select safe launch windows and protect satellites from potential harm. For example, in September 2022, the Government Accountability Office, a US government agency, reported that there were nearly 5,500 active satellites in orbit as of spring 2022, with projections indicating an additional 58,000 launches by 2030. Consequently, the increase in satellite launches is propelling the space weather forecasting market.

Key players in the space weather forecasting market are developing advanced solutions to improve the accuracy and timeliness of predictions concerning solar storms, geomagnetic activity, and radiation hazards. These advanced space weather forecasting services employ satellite data, artificial intelligence models, and simulations to monitor and predict solar activity and its effects on Earth’s infrastructure. For instance, in August 2024, Lynker Corporation, a US-based company, launched Lynker Space, which offers precise, industry-specific space weather forecasts and alerts. These services assist organizations in protecting critical assets and ensuring operational continuity amid solar and geomagnetic threats. Lynker Space aims to provide actionable insights and sophisticated dashboards to support immediate and long-term risk management across sectors including satellite operations, aviation, and energy.

In January 2022, MISSION SPACE S.A., a Luxembourg-based company, formed a partnership with EnduroSat AD to deploy a space weather monitoring constellation aimed at delivering real-time forecasts and protecting space infrastructure. This collaboration leverages EnduroSat’s advanced nanosatellite technology to enhance the accuracy and efficiency of space weather data collection. The joint initiative seeks to strengthen predictive models and promote more resilient satellite operations. EnduroSat AD is an aerospace company based in Bulgaria that specializes in offering high-quality, affordable nanosatellites and space services for various applications.

Major players in the space weather forecasting market are Raytheon Technologies Corporation, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, BAE Systems plc, L3Harris Technologies Inc., Met Office Space Weather Operations Centre, DTN, Rhea Group, British Antarctic Survey, Lynker Space, Japan Meteorological Agency, European Space Agency, Mission Space, Skolkovo Institute of Science and Technology, Space Environment Technologies, Ball Aerospace & Technologies Corp., Canadian Space Weather Forecast Centre, Finnish Meteorological Institute, and Goddard Space Flight Center.

North America was the largest region in the space weather forecasting market in 2024. The regions covered in space weather forecasting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space weather forecasting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

Space weather forecasting involves predicting disturbances in the space environment, mainly caused by solar events like solar flares, solar wind, and geomagnetic storms. These predictions help reduce risks to satellites, communication networks, navigation systems, and power infrastructure both on Earth and in space.

The primary types of space weather forecasting include solar flare forecasting, geomagnetic storm forecasting, solar radiation storm forecasting, and others. Solar flare forecasting aims to predict intense bursts of solar radiation that can disrupt communication and navigation systems on Earth. Forecasting techniques encompass ground-based and satellite-based observations, among others. These forecasts support various applications such as aerospace, defense, power grid management, satellite communications, and more, serving end users including government agencies, commercial entities, and research organizations.

The space weather forecasting market research report is one of a series of new reports that provides space weather forecasting market statistics, including the space weather forecasting industry's global market size, regional shares, competitors with the space weather forecasting market share, detailed space weather forecasting market segments, market trends and opportunities, and any further data you may need to thrive in the space weather forecasting market. This space weather forecasting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The space weather forecasting market includes revenues earned by entities through polar route flight planning support, pipeline corrosion forecasting, and insurance risk assessment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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