U.K. Space Technology Market Size & Outlook, 2025-2030
The space technology market in the UK is expected to reach a projected revenue of US$ 31.8 million by 2030. A compound annual growth rate of 10.7% is expected of the UK space technology market from 2025 to 2030.
- Aerospace, Defense & Space
- Aerospace Systems & Space Technology
- Space Technology Market Outlook
- Aerospace Systems & Space Technology
Revenue, 2024 (US$M)
$17.8
Forecast, 2030 (US$M)
$31.8
CAGR, 2025 - 2030
10.7%
Report Coverage
UK
U.K. Space Technology Market, 2018-2030 (US$M)
Global Market
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UK space technology market highlights
- The UK space technology market generated a revenue of USD 17.8 million in 2024 and is expected to reach USD 31.8 million by 2030.
- The UK market is expected to grow at a CAGR of 10.7% from 2025 to 2030.
- In terms of segment, satellite systems was the largest revenue generating technology in 2024.
- In-Space Infrastructure Systems is the most lucrative technology segment registering the fastest growth during the forecast period.
Space technology market data book summary
| Market revenue in 2024 | USD 17.8 million |
| Market revenue in 2030 | USD 31.8 million |
| Growth rate | 10.7% (CAGR from 2025 to 2030) |
| Largest segment | Satellite systems |
| Fastest growing segment | In-Space Infrastructure Systems |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Launch Systems, Satellite Systems, Ground Systems, In-Space Infrastructure Systems |
Other key industry trends
- In terms of revenue, UK accounted for 3.8% of the global space technology market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK space technology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 31.8 million by 2030.
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Publish Date: Apr 17, 2025
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Space Technology Market Scope
Space Technology Market segmentation & scope
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Space Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Airbus SE | View profile | 150,093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | www.airbus.com |
| Hindustan Aeronautics | View profile | 10001+ | Bengaluru, Karnataka, India, Asia | hal-india.co.in |
| Virgin Galactic Holdings Inc Shs A | View profile | 805 | 1700 Flight Way, Tustin, CA, United States, 92782 | www.virgingalactic.com |
| Rocket Lab USA Inc | View profile | 1,650 | 3881 McGowen Street, Long Beach, CA, United States, 90808 | www.rocketlabusa.com |
| General Dynamics Corp | View profile | 111,600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | www.gd.com |
| Maxar Technologies | View profile | 1001-5000 | Westminster, Colorado, United States, North America | www.maxar.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | www.thalesgroup.com |
| Astra Space Inc Class A | View profile | 193 | 1900 Skyhawk Street, Alameda, CA, United States, 94501 | www.astra.com |
| SpaceX | View profile | 1001-5000 | Hawthorne, California, United States, North America | www.spacex.com |
U.K. Space Technology Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Space Technology Market Outlook will help companies and investors design strategic landscapes.
Satellite Systems was the largest segment with a revenue share of 41.01% in 2024.
Horizon Databook has segmented the U.K. space technology market based on launch systems, satellite systems, ground systems, in-space infrastructure systems covering the revenue growth of each sub-segment from 2018 to 2030.
- U.K. Space Technology Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Launch Systems
- Satellite Systems
- Ground Systems
- In-Space Infrastructure Systems
- Others
- U.K. Space Technology Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Government
- Military
- Commercial
- U.K. Space Technology Market Application Outlook (Revenue, USD Million , 2018-2030)
- Navigation & Mapping
- Meteorology
- Disaster Management
- Satellite Communication
- Remote Sensing
- Science & Engineering
- Earth Observation
- Military and national security
- Data & Analytics
- Information Technology
- Internet Services
- Manufacturing
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Space Technology Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Space Technology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Space Technology Market, 2018-2030 (US$M)
UK Technology - Space Technology Market Statistics, 2024 - 2030 (US$M)
