Interactive Tables and Charts
In 2021, despite high-profile insurance claims on numerous satellites. . . Net premiums totaled $537 million, and incurred losses were $362 million.
Commercial spacecraft manufacturing revenue was estimated to be $4.3 billion in 2021, an increase of 6% over the estimated $4 billion in revenue in 2020. The growth from 2020 to 2021 reflects the increase in the number of payloads launched, while also recognizing efficiencies and cost-savings achieved by companies utilizing small satellite technology and mass manufacturing techniques.
Of the 55 commercial launches attempted in 2021, 31 occurred in the United States. Of these, 23 were carried out by SpaceX, all of which were successful. China and Russia each conducted nine commercial launches in 2021. All six Russian launches were conducted on the Soyuz launch vehicle, and all were successful.
There were 145 launch attempts in 2021, 135 of which were fully or partially successful. This is an increase of 27% from 2020, when 114 launch attempts took place. Commercial launches —those carried out for a non-government customer — accounted for 55 attempts, 49 of which were successful.
American firms led the world for launches in the first half of 2022 with 39, including 27 launches from SpaceX.
In terms of payloads, the impact of commercial firms is far more striking. Of 1,022 spacecraft sent to orbit in the first half of the year, 958 were backed by commercial firms, accounting for nearly 94 percent of all spacecraft sent to orbit so far in 2022, up four percentage points from records set in 2021, Space Foundation research shows.
Including five launches that carried mixed payloads, commercial firms backed 36 missions to space in the first half of 2022, civil governments backed 26 and militaries footed the bill for 15, Space Foundation research shows. In all of 2021, itself a record year, commercial firms backed 56 launches.
From Jan. 1 to June 30, the first six months of 2022 saw 75 orbital launch attempts worldwide with 72 successful launches. The launch number was matched only in 1967 and the number of successes broke records.
Interested in global space launch vehicle satellite activity? Please select the associated link to read about it. Launch data is updated every day during weekdays, excluding U.S. holidays.
Commercial Infrastructure and Support Industries, 2005-2020 Specifically amounts in Billions of U.S. dollars for commercial satellite manufacturing, and launch industry, as well as ground stations and equipment.