2013

Earth Observation Revenue, 2013-2022

Earth observation satellites circle the globe collecting images and information about the Earth. This information can be valuable for a wide array of applications such as fishing, mining, and weather forecasting. Some companies in this sector sell satellite observations and imagery directly, as individual products or as a more continuous downlink, while others focus on the sale of value-added products and services or big data analyses derived from the satellite data.Earth observation satellites circle the globe collecting images and information about the Earth. This information can be valuable for a wide array of applications such as fishing, mining, and weather forecasting. Some companies in this sector sell satellite observations and imagery directly, as individual products or as a more continuous downlink, while others focus on the sale of value-added products and services or big data analyses derived from the satellite data.

Earth observation satellites circle the globe collecting images and information about the Earth. This information can be valuable for a wide array of applications such as fishing, mining, and weather forecasting. Some companies in this sector sell satellite observations and imagery directly, as individual products or as a more continuous downlink, while others focus on the sale of value-added products and services or big data analyses derived from the satellite data.

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Space Insurance Industry Estimates, 2002-2022

Operating in the space sector involves risks. Space launch is complex and launch failures are possible, even for well-established vehicles. New vehicles typically carry even greater risk. Once spacecraft successfully reach orbit, issues may arise due to factors such as space weather, space debris and a crowded orbital environment. To deal with these risks, many companies in the space sector invest in space insurance. As of 2023, there were about 25 direct space insurance companies worldwide.Operating in the space sector involves risks. Space launch is complex and launch failures are possible, even for well-established vehicles. New vehicles typically carry even greater risk. Once spacecraft successfully reach orbit, issues may arise due to factors such as space weather, space debris and a crowded orbital environment. To deal with these risks, many companies in the space sector invest in space insurance. As of 2023, there were about 25 direct space insurance companies worldwide.

Operating in the space sector involves risks. Space launch is complex and launch failures are possible, even for well-established vehicles. New vehicles typically carry even greater risk. Once spacecraft successfully reach orbit, issues may arise due to factors such as space weather, space debris and a crowded orbital environment. To deal with these risks, many companies in the space sector invest in space insurance. As of 2023, there were about 25 direct space insurance companies worldwide.

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Global Space Activity by Category, 2007-2027

Based on global economic factors, Space Foundation forecasts that growth will slow slightly in 2023 to 6% before picking up for an average five-year growth of 7%. Under these conditions, the space economy would total $772 billion in 2027. This forecast incorporates existing markets in the space economy and does not predict any future disruptive technologies that could have extraordinary growth over the coming years.Based on global economic factors, Space Foundation forecasts that growth will slow slightly in 2023 to 6% before picking up for an average five-year growth of 7%. Under these conditions, the space economy would total $772 billion in 2027. This forecast incorporates existing markets in the space economy and does not predict any future disruptive technologies that could have extraordinary growth over the coming years.

Based on global economic factors, Space Foundation forecasts that growth will slow slightly in 2023 to 6% before picking up for an average five-year growth of 7%. Under these conditions, the space economy would total $772 billion in 2027. This forecast incorporates existing markets in the space economy and does not predict any future disruptive technologies that could have extraordinary growth over the coming years.

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Active Launch Vehicle Operators by Type, 2000-2022

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.

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NASA Civil Servant Workforce, FY 2013-2023

In 2022, NASA was named the best place to work in the federal government among large agencies for the 10th year in a row. NASA attributed this “decade of excellence” to the agency’s continuing dedication to supporting and strengthening its workforce.

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Launch Attempts by Top Operators, 2000-2022

Two of the top three launch operators — CNSA and SpaceX — have contributed to overall launch activity growth by exponentially increasing their pace, while the third — Roscosmos — decreased its annual launches by 42% from 2000 to 2022.

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Science and Engineering Degrees, in Thousands, 2000-2016

“Space education, research, and workforce development in the public and private sectors are core components of the U.S. national interest, with the potential to drive exploration and scientific discovery, to find new solutions for pressing challenges, including climate change, to strengthen American national security, and to provide good-paying jobs for Americans,” the roadmap document states.

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