Spacecraft Market

Spacecraft market: get access to newly released facts and figures secured by an Ai-driven market intelligence tool. Statistics cover production, market prices, trade, consumption, exports, market size, companies, and imports. There is a breakdown by country, including China, the U.K., EU, Africa, the Middle East, Latin America, the U.S., and Russia. Market insights and forecast to 2030 are also provided in the snapshots.


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Spacecraft - World's Largest Markets

RatingCountry
1China
2Mexico
3Turkey

In value terms, China led the market, alone. The second position in the ranking was occupied by Mexico.

From 2018 to 2020, the average annual growth rate of value in China totaled -2.5%. In the other countries, the average annual rates were as follows: Mexico (+34.2% per year) and Turkey (+16.4% per year).

Spacecraft Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Switzerland1049311838253-84.5%
United Kingdom15252515394260.8%
Spain1039636930124439.4%
United States1039836974124459.4%
South Korea275802235418115-19.0%
France11311869892105100-3.6%
Average7870329362173966.2%

Prices varied noticeably by the country of origin; the country with the highest price was France ($105,100 per unit), while Switzerland ($253 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK (+60.8% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Mexico6190101724886-11.2%
Turkey9.66.15.3-26.1%
Average10015416628.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($4,886 per unit), while Turkey totaled $5.3 per unit.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico.

Spacecraft - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Mexico1.21.41.720.0%
Turkey0.090.090.08-2.6%

In value terms, Mexico ($1.7B) constitutes the largest market for imported civil spacecraft, satellites and launch vehicles worldwide, comprising 63% of global imports. The second position in the ranking was occupied by Turkey ($84M), with a 3% share of global imports.

In Mexico, spacecraft imports increased at an average annual rate of +20.0% over the period from 2018-2020.

Spacecraft - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States10.60.8-8.8%
France0.810.5-20.8%
South Korea0.20.20.1-11.3%
Spain0.020.030.09111.6%
United Kingdom0.40.0080412850.01-82.2%

In value terms, the largest spacecraft supplying countries worldwide were the United States ($794M), France ($524M) and South Korea ($146M), with a combined 73% share of global exports. These countries were followed by Spain, the UK and Switzerland, which together accounted for a further 4.9%.

Spain (+111.6% per year) recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Spacecraft - Market Forecast

Driven by rising demand for spacecraft worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Spacecraft - Product Coverage

  • HS 880260 - Spacecraft; (including satellites) and suborbital and spacecraft launch vehicles
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World - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global spacecraft market.

Latin America and the Caribbean - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in Latin America and the Caribbean.

Eastern Asia - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in Eastern Asia.

South-Eastern Asia - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in South-Eastern Asia.

Central Asia - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in Central Asia.

Africa - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in Africa.

Southern Asia - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in Southern Asia.

Northern America - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in Northern America.

Middle East - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in the Middle East.

Australia and Oceania - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the spacecraft market in Australia and Oceania.

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