CompareMarketResearchRequest a sample
Home / Technology / Space Technology

Technology · Market report

Space Technology Market Size, Share and Forecast 2026-2036

The global space technology market is worth USD 49.5 bn in 2026 and is forecast to reach USD 123 bn by 2036, growing at a 9.5% CAGR. United States is the largest country market and Spacecraft manufacturing is the largest by offering segment.

USD 49.5 bnMarket size 2026
USD 123 bnForecast 2036
9.5%CAGR 2026-2036
United StatesLargest country

Request a free sample Jump to the forecast

Report price: Starts from USD 1,999

5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global space technology market is worth USD 49.5 bn in 2026 and is forecast to reach USD 123 bn by 2036, growing at a 9.5% CAGR. United States is the largest country market and Spacecraft manufacturing is the largest by offering segment.

ScopeSpacecraft, launch services and in-space systems such as space stations, propulsion, servicing and lunar landers purchased by governments and companies.
IndustryTechnology
Value 2025USD 45.0 bn
Value 2026USD 49.5 bn
Value 2036USD 123 bn
CAGR 2026-20369.5%
Volume 20265,035 units
Volume 203611,870 units
Average price 2026USD 9,832,000 per unit
Report priceStarts from USD 1,999
PublishedNovember 2026

Request a free sample of this report

Space Technology market size and forecast, 2026-2036

Exhibit 1The global space technology market is forecast to grow from USD 49.5 bn in 2026 to USD 123 bn by 2036, more than doublingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 9.5%
Space Technology market value, 2025 to 2036Market value by year. 2025: USD 45.0 bn; 2026: USD 49.5 bn; 2027: USD 54.2 bn; 2028: USD 59.4 bn; 2029: USD 65.0 bn; 2030: USD 71.2 bn; 2031: USD 77.9 bn; 2032: USD 85.3 bn; 2033: USD 93.4 bn; 2034: USD 102 bn; 2035: USD 112 bn; 2036: USD 123 bn. Compound annual growth rate 2026 to 2036: 9.5%.202549.5 bn202677.9 bn2031123 bn20369.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 49.5 bn
2027USD 54.2 bn
2028USD 59.4 bn
2029USD 65.0 bn
2030USD 71.2 bn
2031USD 77.9 bn
2032USD 85.3 bn
2033USD 93.4 bn
2034USD 102 bn
2035USD 112 bn
2036USD 123 bn

Space Technology market segmentation

By offering

Exhibit 2Spacecraft manufacturing is the largest segment by offering, with 50.0% of 2026 revenueEstimated share of 2026 global revenue, by offering
Space Technology market share by offering, 2026Share of 2026 revenue by offering. Spacecraft manufacturing: 50.0%; Launch services: 24.0%; Propulsion and subsystems: 16.0%; In-space infrastructure and servicing: 10.0%.Spacecraft manufacturing50.0%Launch services24.0%Propulsion and subsystems16.0%In-space infrastructure and servicing10.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Spacecraft manufacturing50.0%45.1%USD 24.8 bn8.4%
Launch services24.0%23.7%USD 11.9 bn9.4%
In-space infrastructure and servicing10.0%16.8%USD 5.0 bn15.3%
Propulsion and subsystems16.0%14.4%USD 7.9 bn8.4%

By end user

Exhibit 3Commercial communications adds the most revenue by end user, growing from USD 17.8 bn in 2026 to USD 41.5 bn by 2036Estimated revenue in USD by end user, 2026 and 2036 forecast
Space Technology market by end user, 2026 and 2036Revenue by end user in 2026 and 2036. Commercial communications: USD 17.8 bn in 2026, USD 41.5 bn in 2036, change +133%; Defence and intelligence: USD 11.9 bn in 2026, USD 33.2 bn in 2036, change +179%; Science and exploration: USD 10.9 bn in 2026, USD 25.3 bn in 2036, change +133%; Earth observation and navigation: USD 8.9 bn in 2026, USD 22.7 bn in 2036, change +155%.20262036 forecastChangeCommercial communications+133%17.8 bn41.5 bnDefence and intelligence+179%11.9 bn33.2 bnScience and exploration+133%10.9 bn25.3 bnEarth observation and navigation+155%8.9 bn22.7 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Commercial communications36.0%33.8%USD 17.8 bn8.8%
Defence and intelligence24.0%27.0%USD 11.9 bn10.8%
Earth observation and navigation18.0%18.5%USD 8.9 bn9.8%
Science and exploration22.0%20.7%USD 10.9 bn8.8%

By orbit

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Low Earth orbit56.0%64.0%USD 27.7 bn11.0%
Geostationary24.0%17.0%USD 11.9 bn5.8%
Medium Earth orbit12.0%11.0%USD 5.9 bn8.6%
Lunar and deep space8.0%8.0%USD 4.0 bn9.5%

By spacecraft mass

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Under 500 kg34.0%42.0%USD 16.8 bn11.8%
500 to 2,000 kg30.0%28.0%USD 14.8 bn8.8%
Above 2,000 kg36.0%30.0%USD 17.8 bn7.5%

By customer

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Government space agencies36.0%31.0%USD 17.8 bn7.9%
Military24.0%25.0%USD 11.9 bn9.9%
Commercial operators40.0%44.0%USD 19.8 bn10.6%

Top 25 countries for space technology by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 89.0% of 2026 revenue and the 25 countries below together hold 97.6%.

Exhibit 4United States is the largest country market at USD 22.8 bn in 2026, and the three largest countries hold 68.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Space Technology market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 22.8 bn, 46.0%; China: USD 8.9 bn, 18.0%; France: USD 2.0 bn, 4.0%; Germany: USD 2.0 bn, 4.0%; Japan: USD 2.0 bn, 4.0%; United Kingdom: USD 1.5 bn, 3.0%; India: USD 1.5 bn, 3.0%; Italy: USD 1.5 bn, 3.0%; Russia: USD 990 mn, 2.0%; South Korea: USD 990 mn, 2.0%.United States22.8 bn 46.0%China8.9 bn 18.0%France2.0 bn 4.0%Germany2.0 bn 4.0%Japan2.0 bn 4.0%United Kingdom1.5 bn 3.0%India1.5 bn 3.0%Italy1.5 bn 3.0%Russia990 mn 2.0%South Korea990 mn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 22.8 bn46.0%USD 55.7 bn9.4%
2ChinaUSD 8.9 bn18.0%USD 23.8 bn10.3%
3FranceUSD 2.0 bn4.0%USD 4.4 bn8.3%
4GermanyUSD 2.0 bn4.0%USD 4.4 bn8.3%
5JapanUSD 2.0 bn4.0%USD 4.4 bn8.3%
6United KingdomUSD 1.5 bn3.0%USD 3.7 bn9.5%
7IndiaUSD 1.5 bn3.0%USD 4.8 bn12.4%
8ItalyUSD 1.5 bn3.0%USD 3.3 bn8.3%
9RussiaUSD 990 mn2.0%USD 1.7 bn5.7%
10South KoreaUSD 990 mn2.0%USD 2.7 bn10.6%
11IsraelUSD 881 mn1.8%USD 2.4 bn10.4%
12SpainUSD 703 mn1.4%USD 1.7 bn9.2%
13BrazilUSD 564 mn1.1%USD 1.5 bn10.3%
14NorwayUSD 450 mn0.9%USD 1.0 bn8.6%
15NetherlandsUSD 361 mn0.7%USD 859 mn9.0%
16PolandUSD 287 mn0.6%USD 785 mn10.6%
17TurkeyUSD 233 mn0.5%USD 662 mn11.0%
18SwedenUSD 183 mn0.4%USD 429 mn8.9%
19SwitzerlandUSD 148 mn0.3%USD 343 mn8.8%
20MexicoUSD 119 mn0.2%USD 331 mn10.8%
21TaiwanUSD 94 mn0.2%USD 233 mn9.5%
22SingaporeUSD 74 mn0.1%USD 209 mn10.9%
23United Arab EmiratesUSD 59 mn0.1%USD 184 mn12.0%
24Saudi ArabiaUSD 50 mn0.1%USD 159 mn12.4%
25AustraliaUSD 40 mn0.08%USD 98 mn9.5%
Rest of worldUSD 1.2 bn2.4%USD 2.8 bn9.0%
Exhibit 5United States and China account for 65% of the USD 73.2 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Space Technology market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 49.5 bn. United States: +USD 32.9 bn; China: +USD 14.9 bn; India: +USD 3.3 bn; France: +USD 2.4 bn; Germany: +USD 2.4 bn; 20 other countries: +USD 15.6 bn; Rest of world: +USD 1.6 bn. Market value 2036: USD 123 bn.Market value 202649.5 bnUnited States+32.9 bnChina+14.9 bnIndia+3.3 bnFrance+2.4 bnGermany+2.4 bn20 other countries+15.6 bnRest of world+1.6 bnMarket value 2036123 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • SpaceX
  • Airbus
  • Boeing
  • Lockheed Martin
  • Northrop Grumman
  • Thales
  • L3Harris Technologies
  • Leonardo

Group 2: Regional and specialist players

  • Rocket Lab
  • Arianespace
  • Mitsubishi Heavy Industries
  • Blue Origin
  • United Launch Alliance
  • China Aerospace Science and Technology Corporation
  • ISRO
  • OHB
  • Sierra Space

Group 3: Emerging and niche players

  • Firefly Aerospace
  • Relativity Space
  • Isar Aerospace
  • Axiom Space
  • Intuitive Machines
  • Skyroot Aerospace
  • LandSpace
  • Astrobotic
  • Gilmour Space Technologies

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the space technology market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 9.5% is calculated from the resulting values.

The market is divided by offering, by end user, by orbit, by spacecraft mass, by customer. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the space technology market?

The global space technology market is estimated at USD 45.0 bn in 2025 and USD 49.5 bn in 2026.

How fast will the space technology market grow?

It is forecast to reach USD 123 bn by 2036, a compound annual growth rate of 9.5% from 2026, an increase of USD 73.2 bn.

Which country is the largest market for space technology?

United States is the largest market by revenue at USD 22.8 bn in 2026, 46.0% of the global total. The three largest countries together hold 68.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 12.4% a year from 2026 to 2036.

Which space technology segment is largest?

In the by offering split, Spacecraft manufacturing is the largest segment with 50.0% of 2026 revenue.

Who are the leading space technology companies?

Global leaders include SpaceX, Airbus, Boeing, Lockheed Martin.

Need the full report?

Request a sample to see the structure, tables and country detail.

Request a free sample

Related markets in Technology

← Software as a Service Speech-to-Text →

All Technology markets →

Request a sample