The Global Space Militarization Market size is valued at around USD 59.88 billion in 2024 and is estimated to grow at a CAGR of around 6.6% during the forecast period, i.e., 2024-30.
Global Space Militarization Market Driver:
Rapid Advancements in Space Technology – Rapid advancements in space technology, including miniaturization, increased launch capabilities, and the development of reusable space launch systems, etc., have been lowering the barriers to entry for space militarization. Growing innovation in miniaturization is facilitating the development of smaller and lighter space assets, including satellites, launcher systems, and sensors. The US has been a pioneer on this front. NASA and US Air Force-supported R&D programs for military purposes with private entities are expected to flourish the miniaturization ecosystem in the country. For instance,
- In 2024, the U.S. defense contractor SAIC landed its first contract with the Pentagon to integrate a small satellite, leveraging a partnership with spacecraft manufacturer GomSpace.
The growing military tensions between countries like; India-China & Pakistan, China-Taiwan, Australia, Japan & South Korea, Southeast Asia, Russia-Ukraine & Europe, Russia-the US, etc., are pushing the sales of advanced imaging systems consisting of synthetic aperture radar (SAR), and multispectral imaging. Moreover, with the gradual adoption of machine learning and state of art semiconductors, these countries are driving the space militarization industry.
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Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Space Militarization Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Capability
- Defense- Market Size & Forecast 2019-2030, USD Million
- Weapons- Market Size & Forecast 2019-2030, USD Million
- Intelligence, Surveillance and Reconnaissance- Market Size & Forecast 2019-2030, USD Million
- Electronic Warfare- Market Size & Forecast 2019-2030, USD Million
- Support- Market Size & Forecast 2019-2030, USD Million
- Navigation- Market Size & Forecast 2019-2030, USD Million
- Communications- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- Defense- Market Size & Forecast 2019-2030, USD Million
- By Solution
- Space-based Equipment- Market Size & Forecast 2019-2030, USD Million
- Space Stations- Market Size & Forecast 2019-2030, USD Million
- Satellites- Market Size & Forecast 2019-2030, USD Million
- GEO Satellites- Market Size & Forecast 2019-2030, USD Million
- IGSO Satellites- Market Size & Forecast 2019-2030, USD Million
- LEO Satellites- Market Size & Forecast 2019-2030, USD Million
- MEO Satellites- Market Size & Forecast 2019-2030, USD Million
- Ground-based Equipment- Market Size & Forecast 2019-2030, USD Million
- Anti-satellite Systems- Market Size & Forecast 2019-2030, USD Million
- Ground Control Stations- Market Size & Forecast 2019-2030, USD Million
- Ground-based Space Surveillance Network- Market Size & Forecast 2019-2030, USD Million
- Launch Facilities- Market Size & Forecast 2019-2030, USD Million
- Tracking and Surveillance Systems- Market Size & Forecast 2019-2030, USD Million
- Logistics & Services- Market Size & Forecast 2019-2030, USD Million
- Logistics- Market Size & Forecast 2019-2030, USD Million
- Space Launch Services- Market Size & Forecast 2019-2030, USD Million
- Space Situational Awareness- Market Size & Forecast 2019-2030, USD Million
- Space-based Equipment- Market Size & Forecast 2019-2030, USD Million
- By End User
- Government and Military- Market Size & Forecast 2019-2030, USD Million
- Private Contractors- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Northrop Grumman Corporation, Raytheon Technologies Corporation, Lockheed Martin Corporation, The Boeing Company, Airbus, General Dynamics Corporation, Aselsan A.S., L3Harris Technologies, Inc., Thales Group, Space Exploration Technologies Corporation (SpaceX), China Aerospace Science and Technology Corporation, Israel Aerospace Industries Ltd., Leonardo S.P.A., Saab Ab, BAE Systems plc, Others
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