The Journal of Space Commerce

The Journal of Space Commerce

Space Equipment Market to Reach $580.5 Billion by 2030

Tom Patton's avatar
Tom Patton
May 05, 2023
∙ Paid

In the changed post COVID-19 business landscape, the global market for Space Equipment, estimated at $411.8 billion in 2022, is projected to reach a revised size of $580.5 billion by 2030, growing at a CAGR of 4.4% over the analysis period. Communications Satellites, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reac…

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