Satellite manufacturing and launch systems market seen topping $44B by 2030

By AI, Created 2:45 PM UTC, May 22, 2026, /AGP/ – The Business Research Company says the global satellite manufacturing and launch systems market will grow 8% annually through 2030, reaching more than $44 billion. North America and the U.S. are projected to lead, driven by satellite constellations, reusable launch technology and rising public-private investment in space.

Why it matters: - The market is expected to nearly double from 2025 levels by 2030, signaling sustained demand for satellites, launch capacity and related infrastructure. - The segment is projected to represent nearly 4% of the broader Aerospace & Defense industry, which is expected to reach $1,166 billion by 2030. - Growth is tied to broadband connectivity, earth observation, navigation and defense needs that depend on satellite systems.

What happened: - The Business Research Company released its Satellite Manufacturing And Launch Systems Market Report 2026 covering market size, trends and global forecast 2026-2035. - The report estimates the satellite manufacturing and launch systems market will surpass $44 billion in 2030, after reaching $43.57 billion in industry revenue by that year. - The report puts the market on an 8% CAGR path from 2026 to 2030. - A sample report request is available through More information. - The full market report is available through the company’s announcement.

The details: - North America is projected to be the largest region in 2030, with market value of $18 billion. - North America’s market is forecast to rise from $12 billion in 2025 at an 8% CAGR. - The U.S. is projected to be the largest country market in 2030, valued at $16 billion. - The U.S. market is expected to grow from $11 billion in 2025 at an 8% CAGR. - Satellite manufacturing is expected to be the largest technology segment in 2030, accounting for 58% of the market, or $25 billion. - The satellite manufacturing segment is supported by demand for high-throughput satellites, small satellite constellations, advanced payloads and modular designs. - The market is also segmented by satellite type into LEO, MEO, GEO and beyond GEO satellites. - Application segments include commercial communications, government communications, earth observation services, research and development, navigation, military surveillance, scientific applications and other uses. - End-user segments include military and government, commercial and other users. - The satellite manufacturing segment is projected to grow by $8 billion from 2025 to 2030. - The satellite launch system segment is projected to grow by $6 billion over the same period.

Between the lines: - The report points to reusable launch vehicles and small satellite launch platforms as key cost and frequency improvements for the sector. - The report says increasing demand for satellite-based services could add about 2.1% annual growth to the market. - Advancements in launch technologies are projected to contribute around 1.7% annual growth. - Rising government and private investment in space programs is projected to contribute approximately 1.5% annual growth. - The report frames the opportunity around global connectivity, better space-based data and more capable aerospace systems. - The company says it has published more than 17,500 reports across 27 industries and 60+ geographies.

What’s next: - The report expects continued expansion in satellite constellations, launch activity and space infrastructure through 2030. - The fastest growth is likely to come from manufacturing and launch systems serving broadband, defense, navigation and earth-observation demand. - Public and private capital spending on space programs is expected to keep supporting new missions and launch pipelines.

The bottom line: - Satellite manufacturing and launch systems are moving from niche aerospace activity to a larger, infrastructure-like market with broad commercial and defense demand.