Europe Satellite Manufacturing Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Europe Satellite Manufacturing Market is segmented by Application (Communication, Earth Observation, Navigation, Space Observation, Others), by Satellite Mass (10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg), by Orbit Class (GEO, LEO, MEO), by End User (Commercial, Military & Government), by Satellite Subsystem (Propulsion Hardware and Propellant, Satellite Bus & Subsystems, Solar Array & Power Hardware, Structures, Harness & Mechanisms), by Propulsion Tech (Electric, Gas based, Liquid Fuel) and by Country (France, Germany, Russia, United Kingdom). Market Value in USD is presented. Key Data Points observed include spending on space programs in USD by region; and, the count of satellite launches by satellite launch mass.

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Europe Satellite Manufacturing Market Size

Europe Satellite Manufacturing Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 11.13 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 18.99 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Orbit Class LEO
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 11.28 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country Russia

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Europe Satellite Manufacturing Market Analysis

The Europe Satellite Manufacturing Market size is estimated at USD 11.13 billion in 2024, and is expected to reach USD 18.99 billion by 2029, growing at a CAGR of 11.28% during the forecast period (2024-2029).

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11.13 Billion

Market Size in 2024 (USD)

18.99 Billion

Market Size in 2029 (USD)

4.13 %

CAGR (2017-2023)

11.28 %

CAGR (2024-2029)

Largest Market by Satellite Mass

57.78 %

value share, above 1000kg, 2022

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Large satellites have a higher demand owing to their applications, such as satellite radio, communications, remote sensing, planetary security, and weather forecasting.

Largest Market by Application

54.75 %

value share, Earth Observation, 2022

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Earth observation satellites are used for weather forecasting, forestry mapping, and pollution monitoring. The growing adoption of VAS by private companies and organizations is expected to fuel the growth of satellite-based Earth observation.

Largest Market by Orbit Class

77.80 %

value share, LEO, 2022

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LEO satellites are increasingly being adopted in modern communication technologies as they play an important role in Earth observation applications.

Largest Market by Propulsion Tech

73.93 %

value share, Liquid Fuel, 2022

Because of its high efficiency, controllability, reliability, and long lifespan, liquid fuel-based propulsion technology is becoming an ideal choice for space missions. It can be used in various orbit classes for satellites.

Leading Market Player

64.89 %

market share, Airbus SE, 2022

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Airbus is the leading player in the European satellite manufacturing market, with a robust distribution channel. Airbus has six major manufacturing sites in the region that help consolidate its market share.

LEO satellites are driving demand in the Europe satellite manufacturing market

  • At launch, a satellite or spacecraft is usually placed in one of several special orbits around Earth, or it can be launched during an interplanetary voyage. There are three types of Earth orbits: Geostationary Orbit (GEO), Medium Earth Orbit, and Low Earth Orbit. Many weather and communications satellites tend to have high Earth orbits farthest from the surface. Medium Earth orbit satellites include navigational and specialized satellites designed to monitor a specific area. Most science satellites, including those, are in low Earth orbit.
  • Different satellites manufactured and launched in this region have different applications. For instance, during 2017-2022, out of the 16 satellites manufactured and launched in the MEO orbit, most were built for navigation/global positioning purposes. Similarly, out of the 14 satellites in the GEO orbit, most were deployed for communication and earth observation purposes. Around 500+ LEO satellites manufactured and launched were owned by European organizations.
  • The increasing use of satellites in areas such as electronic intelligence, earth science/meteorology, laser imaging, electronic intelligence, optical imaging, and meteorology is expected to drive the European satellite manufacturing market during the forecast period. The market is expected to surge by 91% during the forecast period (2023 and 2029).
Europe Satellite Manufacturing Market

High demand for communication satellites across the major countries in Europe is expected to propel the market

  • Satellite telecommunications is by far the most important space industry for the European satellite manufacturing market, accounting for more than 60% of the satellite business in Europe. The sustainability and continuity of the European space industry determine the healthy position of the global satellite telecommunications industry.
  • The European market has managed to maintain a share of around 40% in the space industry. However, technical and commercial pressure from US manufacturers and the new space powers is forcing European industry to maintain high competence and innovation. France, Germany, the United Kingdom, and Russia are among the leading countries in the development and launch of satellites in the European region.
  • In addition to the relatively mature market for broadcast and fixed satellite services, other satellite communications services are growing rapidly. Around 60% of the revenue of the European space industry (EUR 5 billion) comes from the construction and launch of communication satellites, amounting to more than USD 8.8 billion or about EUR 6.85 billion. Revenue generated by Mobile Satellite Systems exceeds EUR 1,500 million.
  • Due to many governmental, commercial, and other regional players, demand for the satellite manufacturing industry witnessed positive growth. During 2017-2022, more than 570 satellites were launched in the area. Of the more than 570 satellites produced and launched, nearly 90% were for commercial use. Between 2023 and 2029, the European market is expected to surge by 90% during the forecast period.

Europe Satellite Manufacturing Market Trends

The ongoing investments in the start-ups and the nano and microsatellite development projects, along with reduced launching costs, are the market growth drivers

  • Miniature satellites leverage advancements in computation, miniaturized electronics, and packaging to produce sophisticated mission capabilities. Microsatellites can be included on the journey with other space missions, considerably reducing launch costs. The demand in Europe is primarily driven by Germany, France, Russia, and the United Kingdom, which manufacture the largest number of small satellites annually. Though the launches from the region have decreased over the last three years, the industry has vast potential. The ongoing investments in the startups and the nano and microsatellite development projects are expected to boost the revenue growth of the region. From 2017-2022, various regional players placed approximately 52 nano and microsatellites in orbit.
  • Companies are focusing on cost-effective approaches to produce these satellites on a large scale to meet the growing demand. The approach involves using low-cost industrial-rated passives at the development and design validation stages. The miniaturization and commercialization of electronic components and systems have driven market participation, resulting in the emergence of new market players who aim to capitalize on and enhance the current market scenario. For instance, Open Cosmos, a UK-based startup, partnered with ESA to provide commercial nanosatellite launch services to end users while ensuring competitive cost-savings of around 90%. Similarly, in August 2021, France launched BRO satellite into the LEO orbit. These nanosatellites will be able to locate and identify ships worldwide, providing tracking services for maritime operators and helping security forces. The company plans to build 20 to 25 nanosatellites by 2025.
Europe Satellite Manufacturing Market

Increased spending on earth observation, satellite navigation, connectivity, and space research programs is driving the market's demand

  • European countries are recognizing the importance of various investments in the space domain. They are increasing their spending on earth observation, satellite navigation, connectivity, space research, and innovation to stay competitive and innovative in the global space industry. On this note, in November 2022, ESA announced that it had proposed a 25% boost in space funding over the next three years to maintain Europe's lead in Earth observation, expand navigation services, and remain a partner in exploration with the United States. The ESA is asking its 22 member countries to back a budget of some EUR 18.5 billion for 2023-2025. Likewise, in September 2022, the French government announced that it plans to allocate more than USD 9 billion to space activities, an increase of about 25% over the past three years. Additionally, in November 2022, Germany announced that about EUR 2.37 billion were allocated, including about EUR 669 million for Earth observation, about EUR 365 million for telecommunications, EUR 50 million for technology programs, EUR 155 million for space situational awareness and space security, and EUR 368 million for space transport and operations.
  • Furthermore, the UK Space Agency announced funding of EUR 6.5 million to support 18 projects and boost the UK space industry. The funding is expected to stimulate growth in the UK space industry by supporting high-impact, locally-led schemes and space cluster development managers. The 18 projects will pioneer various innovative space technologies to combat local issues, such as utilizing the Earth observation data to enhance public services. In April 2023, the government announced to allocate USD 3.1 billion for space-related activities.
Europe Satellite Manufacturing Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Medium and microsatellites are expected to create demand in the market

Europe Satellite Manufacturing Industry Overview

The Europe Satellite Manufacturing Market is fairly consolidated, with the top five companies occupying 95.34%. The major players in this market are Airbus SE, Information Satellite Systems Reshetnev, ROSCOSMOS, RSC Energia and Thales (sorted alphabetically).

Europe Satellite Manufacturing Market Leaders

  1. Airbus SE

  2. Information Satellite Systems Reshetnev

  3. ROSCOSMOS

  4. RSC Energia

  5. Thales

Europe Satellite Manufacturing Market Concentration

Other important companies include Alba Orbital, Astrocast, Fossa Systems, GomSpaceApS, Lockheed Martin Corporation, OHB SE, SatRev, Surrey Satellite Technology Ltd..

*Disclaimer: Major Players sorted in alphabetical order.

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Europe Satellite Manufacturing Market News

  • January 2023: The sixth Global Positioning System III (GPS III) satellite designed and built by Lockheed Martin has been launched and is entering its operational orbit approximately 12,550 miles from Earth, where it will contribute to the ongoing modernization of the US Space Force's GPS constellation.
  • September 2022: EECL (European Engineering & Consultancy), an engineering company that provides design, manufacturing, and test services to the satellite & aerospace sector, has signed a contract to supply low noise amplifiers (LNA) to Surrey Satellite Technology, for the front-end receiver of the European Space Agency (ESA) HydroGNSS Scout Earth Observation payload.
  • July 2022: Ericsson, Thales, and wireless technology innovator Qualcomm Technologies, Inc. are expected to bring 5G through a network of satellites orbiting the Earth. The benefits of 5G connectivity through Low Earth Orbit (LEO) satellites are expected to include coverage in harsh geographical areas or remote areas of the seas, oceans, and other areas. elsewhere there is no coverage on land.

Free with this Report

We offer a comprehensive set of global and local metrics that illustrate the fundamentals of the satellites industry. Clients can access in-depth market analysis of various satellites and launch vehicles through granular level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on satellite launches, satellite mass, application of satellites, spending on space programs, propulsion systems, end users, etc., are available in the form of comprehensive reports as well as excel based data worksheets.

Europe Satellite Manufacturing Market
Europe Satellite Manufacturing Market
Europe Satellite Manufacturing Market
Europe Satellite Manufacturing Market

Europe Satellite Manufacturing Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Satellite Miniaturization

    2. 2.2. Satellite Mass

    3. 2.3. Spending On Space Programs

    4. 2.4. Regulatory Framework

      1. 2.4.1. France

      2. 2.4.2. Germany

      3. 2.4.3. Russia

      4. 2.4.4. United Kingdom

    5. 2.5. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Application

      1. 3.1.1. Communication

      2. 3.1.2. Earth Observation

      3. 3.1.3. Navigation

      4. 3.1.4. Space Observation

      5. 3.1.5. Others

    2. 3.2. Satellite Mass

      1. 3.2.1. 10-100kg

      2. 3.2.2. 100-500kg

      3. 3.2.3. 500-1000kg

      4. 3.2.4. Below 10 Kg

      5. 3.2.5. above 1000kg

    3. 3.3. Orbit Class

      1. 3.3.1. GEO

      2. 3.3.2. LEO

      3. 3.3.3. MEO

    4. 3.4. End User

      1. 3.4.1. Commercial

      2. 3.4.2. Military & Government

      3. 3.4.3. Other

    5. 3.5. Satellite Subsystem

      1. 3.5.1. Propulsion Hardware and Propellant

      2. 3.5.2. Satellite Bus & Subsystems

      3. 3.5.3. Solar Array & Power Hardware

      4. 3.5.4. Structures, Harness & Mechanisms

    6. 3.6. Propulsion Tech

      1. 3.6.1. Electric

      2. 3.6.2. Gas based

      3. 3.6.3. Liquid Fuel

    7. 3.7. Country

      1. 3.7.1. France

      2. 3.7.2. Germany

      3. 3.7.3. Russia

      4. 3.7.4. United Kingdom

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Airbus SE

      2. 4.4.2. Alba Orbital

      3. 4.4.3. Astrocast

      4. 4.4.4. Fossa Systems

      5. 4.4.5. GomSpaceApS

      6. 4.4.6. Information Satellite Systems Reshetnev

      7. 4.4.7. Lockheed Martin Corporation

      8. 4.4.8. OHB SE

      9. 4.4.9. ROSCOSMOS

      10. 4.4.10. RSC Energia

      11. 4.4.11. SatRev

      12. 4.4.12. Surrey Satellite Technology Ltd.

      13. 4.4.13. Thales

  7. 5. KEY STRATEGIC QUESTIONS FOR SATELLITE CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter's Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. MINIATURE SATELLITES (BELOW 10KG), NUMBER OF LAUNCHES, EUROPE, 2017 - 2022
  1. Figure 2:  
  2. SATELLITE MASS (ABOVE 10KG) BY REGION, NUMBER OF SATELLITES LAUNCHED, EUROPE, 2017 - 2022
  1. Figure 3:  
  2. SPENDING ON SPACE PROGRAMS BY REGION, USD, EUROPE, 2017 - 2022
  1. Figure 4:  
  2. EUROPE SATELLITE MANUFACTURING MARKET, VALUE, USD, 2017 - 2029
  1. Figure 5:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET BY APPLICATION, USD, EUROPE, 2017 - 2029
  1. Figure 6:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY APPLICATION, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 7:  
  2. VALUE OF COMMUNICATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 8:  
  2. VALUE OF EARTH OBSERVATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 9:  
  2. VALUE OF NAVIGATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF SPACE OBSERVATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF OTHERS MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 12:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET BY SATELLITE MASS, USD, EUROPE, 2017 - 2029
  1. Figure 13:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY SATELLITE MASS, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 14:  
  2. VALUE OF 10-100KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 15:  
  2. VALUE OF 100-500KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF 500-1000KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF BELOW 10 KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 18:  
  2. VALUE OF ABOVE 1000KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 19:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET BY ORBIT CLASS, USD, EUROPE, 2017 - 2029
  1. Figure 20:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY ORBIT CLASS, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 21:  
  2. VALUE OF GEO MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 22:  
  2. VALUE OF LEO MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF MEO MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 24:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET BY END USER, USD, EUROPE, 2017 - 2029
  1. Figure 25:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY END USER, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 26:  
  2. VALUE OF COMMERCIAL MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 27:  
  2. VALUE OF MILITARY & GOVERNMENT MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 28:  
  2. VALUE OF OTHER MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET BY SATELLITE SUBSYSTEM, USD, EUROPE, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY SATELLITE SUBSYSTEM, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 31:  
  2. VALUE OF PROPULSION HARDWARE AND PROPELLANT MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF SATELLITE BUS & SUBSYSTEMS MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 33:  
  2. VALUE OF SOLAR ARRAY & POWER HARDWARE MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 34:  
  2. VALUE OF STRUCTURES, HARNESS & MECHANISMS MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 35:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET BY PROPULSION TECH, USD, EUROPE, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY PROPULSION TECH, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 37:  
  2. VALUE OF ELECTRIC MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 38:  
  2. VALUE OF GAS BASED MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 39:  
  2. VALUE OF LIQUID FUEL MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 40:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET BY COUNTRY, USD, EUROPE, 2017 - 2029
  1. Figure 41:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY COUNTRY, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 42:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET, USD, FRANCE, 2017 - 2029
  1. Figure 43:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY APPLICATION, %, FRANCE, 2017 - 2029
  1. Figure 44:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET, USD, GERMANY, 2017 - 2029
  1. Figure 45:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY APPLICATION, %, GERMANY, 2017 - 2029
  1. Figure 46:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET, USD, RUSSIA, 2017 - 2029
  1. Figure 47:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY APPLICATION, %, RUSSIA, 2017 - 2029
  1. Figure 48:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET, USD, UNITED KINDGOM, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY APPLICATION, %, UNITED KINDGOM, 2017 - 2029
  1. Figure 50:  
  2. VALUE OF SATELLITE MANUFACTURING MARKET, USD, UNITED KINGDOM, 2017 - 2029
  1. Figure 51:  
  2. VALUE SHARE OF SATELLITE MANUFACTURING MARKET BY APPLICATION, %, UNITED KINGDOM, 2017 - 2029
  1. Figure 52:  
  2. NUMBER OF STRATEGIC MOVES OF MOST ACTIVE COMPANIES, EUROPE SATELLITE MANUFACTURING MARKET, EUROPE, 2017 - 2029
  1. Figure 53:  
  2. TOTAL NUMBER OF STRATEGIC MOVES OF COMPANIES, EUROPE SATELLITE MANUFACTURING MARKET, EUROPE, 2017 - 2029
  1. Figure 54:  
  2. MARKET SHARE OF EUROPE SATELLITE MANUFACTURING MARKET, %, EUROPE, 2022

Europe Satellite Manufacturing Industry Segmentation

Communication, Earth Observation, Navigation, Space Observation, Others are covered as segments by Application. 10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg are covered as segments by Satellite Mass. GEO, LEO, MEO are covered as segments by Orbit Class. Commercial, Military & Government are covered as segments by End User. Propulsion Hardware and Propellant, Satellite Bus & Subsystems, Solar Array & Power Hardware, Structures, Harness & Mechanisms are covered as segments by Satellite Subsystem. Electric, Gas based, Liquid Fuel are covered as segments by Propulsion Tech. France, Germany, Russia, United Kingdom are covered as segments by Country.

  • At launch, a satellite or spacecraft is usually placed in one of several special orbits around Earth, or it can be launched during an interplanetary voyage. There are three types of Earth orbits: Geostationary Orbit (GEO), Medium Earth Orbit, and Low Earth Orbit. Many weather and communications satellites tend to have high Earth orbits farthest from the surface. Medium Earth orbit satellites include navigational and specialized satellites designed to monitor a specific area. Most science satellites, including those, are in low Earth orbit.
  • Different satellites manufactured and launched in this region have different applications. For instance, during 2017-2022, out of the 16 satellites manufactured and launched in the MEO orbit, most were built for navigation/global positioning purposes. Similarly, out of the 14 satellites in the GEO orbit, most were deployed for communication and earth observation purposes. Around 500+ LEO satellites manufactured and launched were owned by European organizations.
  • The increasing use of satellites in areas such as electronic intelligence, earth science/meteorology, laser imaging, electronic intelligence, optical imaging, and meteorology is expected to drive the European satellite manufacturing market during the forecast period. The market is expected to surge by 91% during the forecast period (2023 and 2029).
Application
Communication
Earth Observation
Navigation
Space Observation
Others
Satellite Mass
10-100kg
100-500kg
500-1000kg
Below 10 Kg
above 1000kg
Orbit Class
GEO
LEO
MEO
End User
Commercial
Military & Government
Other
Satellite Subsystem
Propulsion Hardware and Propellant
Satellite Bus & Subsystems
Solar Array & Power Hardware
Structures, Harness & Mechanisms
Propulsion Tech
Electric
Gas based
Liquid Fuel
Country
France
Germany
Russia
United Kingdom
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Market Definition

  • Application - Various applications or purposes of the satellites are classified into communication, earth observation, space observation, navigation, and others. The purposes listed are those self-reported by the satellite’s operator.
  • End User - The primary users or end users of the satellite is described as civil (academic, amateur), commercial, government (meteorological, scientific, etc.), military. Satellites can be multi-use, for both commercial and military applications.
  • Launch Vehicle MTOW - The launch vehicle MTOW (maximum take-off weight) means the maximum weight of the launch vehicle during take-off, including the weight of payload, equipment and fuel.
  • Orbit Class - The satellite orbits are divided into three broad classes namely GEO, LEO, and MEO. Satellites in elliptical orbits have apogees and perigees that differ significantly from each other and categorized satellite orbits with eccentricity 0.14 and higher as elliptical.
  • Propulsion tech - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
  • Satellite Mass - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
  • Satellite Subsystem - All the components and subsystems which includes propellants, buses, solar panels, other hardware of satellites are included under this segment.
Keyword Definition
Attitude Control The orientation of the satellite relative to the Earth and the sun.
INTELSAT The International Telecommunications Satellite Organization operates a network of satellites for international transmission.
Geostationary Earth Orbit (GEO) Geostationary satellites in Earth orbit 35,786 km (22,282 mi) above the equator in the same direction and at the same speed as the earth rotates on its axis, making them appear fixed in the sky.
Low Earth Orbit (LEO) Low Earth Orbit satellites orbit from 160-2000km above the earth, take approximately 1.5 hours for a full orbit and only cover a portion of the earth’s surface.
Medium Earth Orbit (MEO) MEO satellites are located above LEO and below GEO satellites and typically travel in an elliptical orbit over the North and South Pole or in an equatorial orbit.
Very Small Aperture Terminal (VSAT) Very Small Aperture Terminal is an antenna that is typically less than 3 meters in diameter
CubeSat CubeSat is a class of miniature satellites based on a form factor consisting of 10 cm cubes. CubeSats weigh no more than 2 kg per unit and typically use commercially available components for their construction and electronics. 
Small Satellite Launch Vehicles (SSLVs) Small Satellite Launch Vehicle (SSLV) is a three-stage Launch Vehicle configured with three Solid Propulsion Stages and a liquid propulsion-based Velocity Trimming Module (VTM) as a terminal stage
Space Mining Asteroid mining is the hypothesis of extracting material from asteroids and other asteroids, including near-Earth objects.
Nano Satellites Nanosatellites are loosely defined as any satellite weighing less than 10 kilograms.
Automatic Identification System (AIS) Automatic identification system (AIS) is an automatic tracking system used to identify and locate ships by exchanging electronic data with other nearby ships, AIS base stations, and satellites. Satellite AIS (S-AIS) is the term used to describe when a satellite is used to detect AIS signatures.
Reusable launch vehicles (RLVs) Reusable launch vehicle (RLV) means a launch vehicle that is designed to return to Earth substantially intact and therefore may be launched more than one time or that contains vehicle stages that may be recovered by a launch operator for future use in the operation of a substantially similar launch vehicle.
Apogee The point in an elliptical satellite orbit which is farthest from the surface of the earth. Geosynchronous satellites which maintain circular orbits around the earth are first launched into highly elliptical orbits with apogees of 22,237 miles.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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Europe Satellite Manufacturing Market Research FAQs

The Europe Satellite Manufacturing Market size is expected to reach USD 11.13 billion in 2024 and grow at a CAGR of 11.28% to reach USD 18.99 billion by 2029.

In 2024, the Europe Satellite Manufacturing Market size is expected to reach USD 11.13 billion.

Airbus SE, Information Satellite Systems Reshetnev, ROSCOSMOS, RSC Energia and Thales are the major companies operating in the Europe Satellite Manufacturing Market.

In the Europe Satellite Manufacturing Market, the LEO segment accounts for the largest share by orbit class.

In 2024, Russia accounts for the largest share by country in the Europe Satellite Manufacturing Market.

In 2023, the Europe Satellite Manufacturing Market size was estimated at USD 10.00 billion. The report covers the Europe Satellite Manufacturing Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Satellite Manufacturing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Satellite Manufacturing Industry Report

Statistics for the 2024 Europe Satellite Manufacturing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Satellite Manufacturing analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Europe Satellite Manufacturing Market Report Snapshots

Europe Satellite Manufacturing Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029