Space Technology Market Report: Trends, Forecast and Competitive Analysis to 2030
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Space Technology Trends and Forecast
The future of the global space technology market looks promising with opportunities in the commercial, military, and government markets. The global space technology market is expected to reach an estimated $402.7 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are growing number of technological innovations and scientific discoveries and increasing demand for satellite-based services, such as communications, television, weather forecasting, and remote sensing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Space Technology by Segment
The study includes a forecast for the global space technology by application, end use industry, and region
Space Technology Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Lucintel forecasts that remote sensing is expected to witness highest growth over the forecast period.
Within this market, commercial will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Features of the Global Space Technology Market
Market Size Estimates: Space technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Space technology market size by end use industry, application, and region in terms of value ($B).
Regional Analysis: Space technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different end use industries, applications, and regions for the space technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the space technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the space technology market size?
Answer: The global space technology market is expected to reach an estimated $402.7 billion by 2030.
Q.2 What is the growth forecast for space technology market?
Answer: The global space technology market is expected to grow with a CAGR of 7.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the space technology market?
Answer: The major drivers for this market are growing number of technological innovations and scientific discoveries and increasing demand for satellite-based services, such as communications, television, weather forecasting, and remote sensing.
Q4. What are the major segments for space technology market?
Answer: The future of the space technology market looks promising with opportunities in the commercial, military, and government markets.
Q5. Who are the key space technology market companies?
Answer: Some of the key space technology companies are as follows:
Answer: Lucintel forecast that remote sensing is expected to witness highest growth over the forecast period.
Q7. In space technology market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the space technology market by application (navigation & mapping, meteorology, disaster management, satellite communication, satellite television, remote sensing, science & engineering, earth observation and military, and others), end use industry (commercial, military, and government), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Space Technology Market, Space Technology Market Size, Space Technology Market Growth, Space Technology Market Analysis, Space Technology Market Report, Space Technology Market Share, Space Technology Market Trends, Space Technology Market Forecast, Space Technology Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Space Technology Trends and Forecast
The future of the global space technology market looks promising with opportunities in the commercial, military, and government markets. The global space technology market is expected to reach an estimated $402.7 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are growing number of technological innovations and scientific discoveries and increasing demand for satellite-based services, such as communications, television, weather forecasting, and remote sensing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Space Technology by Segment
The study includes a forecast for the global space technology by application, end use industry, and region
Space Technology Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Navigation & Mapping
- Meteorology
- Disaster Management
- Satellite Communication
- Satellite Television
- Remote Sensing
- Science & Engineering
- Earth Observation and Military
- Others
- Commercial
- Military
- Government
- North America
- Europe
- The Rest of the World
- Boeing
- SpaceX
- Virgin Galactic
- Blue Origin
- Lockheed Martin Corporation
Lucintel forecasts that remote sensing is expected to witness highest growth over the forecast period.
Within this market, commercial will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Features of the Global Space Technology Market
Market Size Estimates: Space technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Space technology market size by end use industry, application, and region in terms of value ($B).
Regional Analysis: Space technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different end use industries, applications, and regions for the space technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the space technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the space technology market size?
Answer: The global space technology market is expected to reach an estimated $402.7 billion by 2030.
Q.2 What is the growth forecast for space technology market?
Answer: The global space technology market is expected to grow with a CAGR of 7.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the space technology market?
Answer: The major drivers for this market are growing number of technological innovations and scientific discoveries and increasing demand for satellite-based services, such as communications, television, weather forecasting, and remote sensing.
Q4. What are the major segments for space technology market?
Answer: The future of the space technology market looks promising with opportunities in the commercial, military, and government markets.
Q5. Who are the key space technology market companies?
Answer: Some of the key space technology companies are as follows:
- Boeing
- SpaceX
- Virgin Galactic
- Blue Origin
- Lockheed Martin Corporation
Answer: Lucintel forecast that remote sensing is expected to witness highest growth over the forecast period.
Q7. In space technology market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the space technology market by application (navigation & mapping, meteorology, disaster management, satellite communication, satellite television, remote sensing, science & engineering, earth observation and military, and others), end use industry (commercial, military, and government), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Space Technology Market, Space Technology Market Size, Space Technology Market Growth, Space Technology Market Analysis, Space Technology Market Report, Space Technology Market Share, Space Technology Market Trends, Space Technology Market Forecast, Space Technology Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL SPACE TECHNOLOGY MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Space Technology Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Space Technology Market by Application
3.3.1: Navigation & Mapping
3.3.2: Meteorology
3.3.3: Disaster Management
3.3.4: Satellite Communication
3.3.5: Satellite Television
3.3.6: Remote Sensing
3.3.7: Science & Engineering
3.3.8: Earth Observation and Military
3.3.9: Others
3.4: Global Space Technology Market by End Use Industry
3.4.1: Commercial
3.4.2: Military
3.4.3: Government
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Space Technology Market by Region
4.2: North American Space Technology Market
4.2.2: North American Space Technology Market by End Use Industry: Commercial, Military, and Government
4.3: European Space Technology Market
4.3.1: European Space Technology Market by Application: Navigation & Mapping, Meteorology, Disaster Management, Satellite Communication, Satellite Television, Remote Sensing, Science & Engineering Earth Observation and Military, and Others
4.3.2: European Space Technology Market by End Use Industry: Commercial, Military, and Government
4.4: APAC Space Technology Market
4.4.1: APAC Space Technology Market by Application: Navigation & Mapping, Meteorology, Disaster Management, Satellite Communication, Satellite Television, Remote Sensing, Science & Engineering Earth Observation and Military, and Others
4.4.2: APAC Space Technology Market by End Use Industry: Commercial, Military, and Government
4.5: ROW Space Technology Market
4.5.1: ROW Space Technology Market by Application: Navigation & Mapping, Meteorology, Disaster Management, Satellite Communication, Satellite Television, Remote Sensing, Science & Engineering Earth Observation and Military, and Others
4.5.2: ROW Space Technology Market by End Use Industry: Commercial, Military, and Government
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Space Technology Market by End Use Industry
6.1.2: Growth Opportunities for the Global Space Technology Market by Application
6.1.3: Growth Opportunities for the Global Space Technology Market by Region
6.2: Emerging Trends in the Global Space Technology Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Space Technology Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Space Technology Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Boeing
7.2: SpaceX
7.3: Virgin Galactic
7.4: Blue Origin
7.5: Lockheed Martin Corporation
2. GLOBAL SPACE TECHNOLOGY MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Space Technology Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Space Technology Market by Application
3.3.1: Navigation & Mapping
3.3.2: Meteorology
3.3.3: Disaster Management
3.3.4: Satellite Communication
3.3.5: Satellite Television
3.3.6: Remote Sensing
3.3.7: Science & Engineering
3.3.8: Earth Observation and Military
3.3.9: Others
3.4: Global Space Technology Market by End Use Industry
3.4.1: Commercial
3.4.2: Military
3.4.3: Government
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Space Technology Market by Region
4.2: North American Space Technology Market
4.2.2: North American Space Technology Market by End Use Industry: Commercial, Military, and Government
4.3: European Space Technology Market
4.3.1: European Space Technology Market by Application: Navigation & Mapping, Meteorology, Disaster Management, Satellite Communication, Satellite Television, Remote Sensing, Science & Engineering Earth Observation and Military, and Others
4.3.2: European Space Technology Market by End Use Industry: Commercial, Military, and Government
4.4: APAC Space Technology Market
4.4.1: APAC Space Technology Market by Application: Navigation & Mapping, Meteorology, Disaster Management, Satellite Communication, Satellite Television, Remote Sensing, Science & Engineering Earth Observation and Military, and Others
4.4.2: APAC Space Technology Market by End Use Industry: Commercial, Military, and Government
4.5: ROW Space Technology Market
4.5.1: ROW Space Technology Market by Application: Navigation & Mapping, Meteorology, Disaster Management, Satellite Communication, Satellite Television, Remote Sensing, Science & Engineering Earth Observation and Military, and Others
4.5.2: ROW Space Technology Market by End Use Industry: Commercial, Military, and Government
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Space Technology Market by End Use Industry
6.1.2: Growth Opportunities for the Global Space Technology Market by Application
6.1.3: Growth Opportunities for the Global Space Technology Market by Region
6.2: Emerging Trends in the Global Space Technology Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Space Technology Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Space Technology Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Boeing
7.2: SpaceX
7.3: Virgin Galactic
7.4: Blue Origin
7.5: Lockheed Martin Corporation
