The spacetech market research report explores key players, trends, and growth opportunities in the rapidly progressing space industry. Custom Research is available!


Spacetech Market and Industry overview

The space tech market is a rapidly evolving industry that encompasses various technologies and applications related to space exploration, satellite communication, and space-based services. This industry includes companies involved in satellite manufacturing and launch, space tourism, remote sensing, and space-based navigation systems. The market is driven by factors such as growing investments in space exploration, increasing demand for satellite communication, and advancements in satellite technology. Key players in the space tech industry include aerospace and defense companies, satellite operators, and startups. The industry is expected to witness significant growth in the coming years, driven by increasing government and private sector interest in space exploration and the growing commercialization of space-based services. 

Satellite Manufacturing & Services

Satellite Manufacturing & Services – The space industry has witnessed tremendous change in the past few years, with market participants increasing their satellite (and related subsystems) manufacturing capacities to cater to the increasing demand for satellite-based downstream services. At BIS Research, several key areas within this industry, such as satellite and related subsystems manufacturing, are covered. Besides this, the downstream services across communication, Earth observation, and navigation are also covered in relevant segments. Additionally, we have built a satellite manufacturing market model (satellite database) that covers all major subsystems and components. This model has been built over the satellite launch forecast, which gets updated quarterly.

BIS Research is investigating various aspects of the satellite manufacturing and services market to provide relevant market intelligence that can enable financial and strategic decision-making.

Launch Vehicle Manufacturing & Services – The rise in satellite activities have also propelled the launch industry to develop and provide dedicated launch services. At BIS Research, we have covered several areas, such as small launch vehicles, medium and heavy-lift launch vehicles, and space propulsion and related solution providers. We have built a launch vehicle manufacturing market model (launch vehicle database) covering all launch vehicles (operational and under-development), their major subsystems, and components. This database serves as the supply forecast for the launch services market. As for the services segment, we have built it over the satellite launch forecast, which is updated every quarter.

BIS Research’s SpaceTech domain covers all markets in the space industry, building multiple reconfigurable market models, which get updated on a regular basis, thereby resulting in the availability of the latest data every quarter. We continuously monitor the markets covered and have a dedicated focus on emerging markets as well as NewSpace participants, which not only helps our clients understand the existing market but also helps them gauge the demand in future markets. We ensure that potential impact and probability of occurrence are equally captured, so our market insights help our clients with robust financial decision-making.

Our customer base expands across several sections, including small enterprises, medium-scale operations, Fortune 50 companies, government organizations, venture capitalists, and deemed universities.

The space industry is expected to grow significantly in the upcoming years, owing to the continuous development within the space sector. BIS Research is continuously monitoring ongoing and latest space industry developments. If you do not find a report of your choice in the above-mentioned list, please feel free to contact us so that we can look at customizing one for you.