In 2014, four space startups existed in India. In less than a decade, that number increased to 142, according to Goswami.
The PwC study showed the lunar economy could be worth as much as $100 billion by 2040.
India has traditionally maintained a large government workforce relative to its private space workforce. However, in recent years, the Indian government has been working to grow its commercial space sector.
The United States, Europe, and Japan have all seen net growth in their space workforce over the past decade, with steady increases in Europe, and more varied trends in the United States and Japan.
Trends in the size and composition of the global space workforce provide a lens into the health and trajectory of the industry. While many countries do not collect or release data on their space workforce, several major space actors, including the United States, Europe, Japan, and India, publish this information annually.
When Chandrayaan-3 touched down on the lunar south pole, India took center stage in a new Space Race to the Moon. In the coming years, China, Russia, Japan, India, and the U.S. all plan on missions to the Moon.
Space workers in India celebrated the landing of their Chandrayaan-3 probe, making it the fourth nation to safely land a spacecraft on the Moon, and had their efforts lauded by Prime Minister Narendra Modi. “India is on the Moon,” Modi boomed in a broadcast to India’s 1.4 billion residents.
Orbital launch attempts have more than tripled since a lull in activity in the early 2000s bottomed out at 55 attempts in 2004. Part of the rapid growth in the past few years is due to a sharp increase in launch vehicle operators after a long period with an average just shy of 10 distinct operators per year.
Operators deployed ~421 spacecraft with a mass of 200 kg or less, 18% of all deployed spacecraft in 2022. SpaceX’s Starlink satellites comprised over half the spacecraft mass deployed in 2022. The company’s Starlink deployments added up to 518,523 kg, nearly double the 257,140 kg it deployed in 2021. The largest spacecraft deployed during 2022 was Lockheed Martin’s Orion space capsule (25,848 kg), deployed during NASA’s first Artemis/Space Launch System launch.
While the U.S. typically leads commercial satellite launches, China almost doubled its private missions in 2022—commercial payloads were 27% of the nation’s launches compared to 16% in 2021. Chang Guang Satellite Technology Co. launched five batches of high-resolution imagery satellites for its Jilin-1 constellation and has deployed approximately half of its planned 138 satellites.