Insights into the European space industry: Eurospace facts & figures report published

This week ASD Eurospace published the latest edition of the annual Facts & Figures report on the European space manufacturing industry. This report offers insights into the current trends and economic health of the sector. Here’s what the report covers:

Broader industry trends: the report begins with a broad overview of the European space industry, highlighting key trends and developments in the sector.

Trends in space infrastructure markets: focusing on satellites, launch vehicles and ground systems. The report looks at recent technological advancements, shifts in market dynamics, and emerging opportunities that are redefining the landscape.

Institutional programmes: space programmes spearheaded by government agencies, research institutions, and international partnerships. It includes information on funding allocations, mission objectives, and the current status of these programmes, offering a clear picture of institutional contributions to the sector.

Commercial programmes: insights into satellite constellations, communication services, Earth observation, and other key commercial activities driving innovation and growth in the industry.

European space budget analysis: a critical analysis of public spending on space activities, with consolidated figures for the European space budgets in 2023. This section evaluates spending trends and their implications for the industry, providing a detailed overview of financial commitments and their impact.

Employment and sales by segment: a detailed breakdown of employment figures across various industry segments, such as manufacturing, engineering, and testing. It also analyses sales performance across different sectors, offering insights into workforce distribution and economic contributions.

Overview by company segment: a new addition to this year’s report is the overview by company segment. This new feature highlights trends based on different company types, including manufacturers, service providers, and ground systems operators, providing a nuanced perspective on how different segments are evolving.

The report is full of detailed analysis that offers valuable insights on the space industry, so be sure to watch Eurospace’s presentation on Youtube.