The world's six major space powers — the United States, China, Europe, Russia, India, and Japan — are projected to account for more than two-thirds of the satellite manufacturing and launch markets by value in 2033. This is despite the rapid growth of private low Earth orbit (LEO) satellite constellations such as Starlink, which are planning far more frequent launches over the coming decade. The launch of small LEO satellites has proven far more cost-effective than the launch of larger satellites, such as those placed into geostationary (GEO) orbit.
Forecast market value share of the global satellite manufacturing and launch markets in 2033, by country or category
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Novaspace. (September 17, 2024). Forecast market value share of the global satellite manufacturing and launch markets in 2033, by country or category [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1536861/forecast-satellite-market-value-share/
Novaspace. "Forecast market value share of the global satellite manufacturing and launch markets in 2033, by country or category ." Chart. September 17, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1536861/forecast-satellite-market-value-share/
Novaspace. (2024). Forecast market value share of the global satellite manufacturing and launch markets in 2033, by country or category . Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1536861/forecast-satellite-market-value-share/
Novaspace. "Forecast Market Value Share of The Global Satellite Manufacturing and Launch Markets in 2033, by Country or Category ." Statista, Statista Inc., 17 Sep 2024, https://www.statista.com/statistics/1536861/forecast-satellite-market-value-share/
Novaspace, Forecast market value share of the global satellite manufacturing and launch markets in 2033, by country or category Statista, https://www.statista.com/statistics/1536861/forecast-satellite-market-value-share/ (last visited November 22, 2024)
Forecast market value share of the global satellite manufacturing and launch markets in 2033, by country or category [Graph], Novaspace, September 17, 2024. [Online]. Available: https://www.statista.com/statistics/1536861/forecast-satellite-market-value-share/