The Journal of Space Commerce

The Journal of Space Commerce

Spacecraft Market is Expected to Reach $10.4 Billion: Report

Allied Market Research Forecasts CAGR of 5.9 Percent

Tom Patton's avatar
Tom Patton
Dec 18, 2023
∙ Paid

The global spacecraft industry generated $5.9 billion in 2022 and is anticipated to generate $10.4 billion by 2032, witnessing a CAGR of 5.9% from 2023 to 2032, according to a new report.

Allied Market Research has released "Spacecraft Market by Type (Manned Spacecraft and Unmanned Spacecraft), and End Use (Commercial and Civil, and Military): Global Opp…

User's avatar

Continue reading this post for free, courtesy of Mike Turner.

Or purchase a paid subscription.
© 2026 Ex Terra Media, LLC · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture