The Journal of Space Commerce

The Journal of Space Commerce

Global Space Equipment Market to Reach $496.7B by 2027

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Tom Patton
Mar 02, 2021
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The global space equipment market, estimated at $369 billion in the year 2020, is projected to reach a revised size of $496.7 billion by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027.

Communications Satellites, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach $233.9 billion by the end of the an…

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