The Journal of Space Commerce

The Journal of Space Commerce

Satellite Bus Market to Reach $23.4 Billion by 2033: Report

Multiple Factors Drive 5.4% Annual Growth

Tom Patton's avatar
Tom Patton
Mar 14, 2025
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The global satellite bus market, valued at $14.1 billion in 2023, is projected to reach $23.4 billion by 2033, growing at a CAGR of 5.4% from 2024 to 2033 according to a new report from Allied Market Research.

The market has experienced significant growth and transformation, driven by increase in investment by governments & space agencies, new product la…

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