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Economy

Annual Economy Overviews


2011 – Economy Snapshot

The global space industry showed very strong growth in 2011, increasing more than ##% from 2010. Commercial space revenue and government budgets reached a record total of $## billion in 2011. This follows a trend of continuing expansion in the global space economy, demonstrating a five-year growth rate of ##% from $## billion in 2006, with the largest growth registered in commercial infrastructure and support industries.

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Economy: Space Economy – TSR 2011

Economy: Space Economy - TSR 2011 an annual review of the commercial space infrastructure and support industries and space-based products and services used on Earth. This edition also delves into the…

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2010 – Economy – Snapshot

The global space economy continued to demonstrate strong growth in 2010, increasing by ##% to reach a record total of $## billion. This figure shows the continuation of a five-year trend of expansion in the space economy, demonstrating growth of ##% from $## billion in 2005. While many other industries declined in recent years due to the recession, growth in the space economy as a whole was at least #% every year.

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Economy: Space Economy – TSR 2010

Economy: Space Economy - TSR 2010 an annual review of the commercial space infrastructure and support industries and space-based products and services used on Earth. This edition also delves into…

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2009 – Economy – Snapshot

In the midst of the worst economic meltdown in decades, the global space industry experienced steady growth in 2009. Commercial space revenue and government budgets reached a combined total of $## billion in 2009, representing a #% increase from 2008. The 2009 total continued a four-year trend of expansion in the global space economy, demonstrating growth of ##% from $## billion in 2005. Global space activity figures from previous years have been adjusted due to methodology changes and new data, as described in the Summary of Data.

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2008 – Economy – Snapshot

The space industry continued to grow in 2008 with estimated global space revenues and government budgets reaching $## billion. This trend of growth has persisted since the Space Foundation began tracking global budgets and revenues for the industry in 2005. While past years have shown stronger growth, the trend remains positive despite the global economic crisis.

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2007 – Economy Overview

The space industry experienced strong growth overall in 2007, with estimated global space revenues and government budgets reaching $## billion. Exhibit 1b shows estimated space industry revenues from 2005 through 2007 and yearly growth rates.

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2005 – Economy Overview

According to the FAA, the international commercial launch vehicle industry generated $## billion in revenue in 2005. The Satellite Industry Association (SIA) estimates the total launch vehicle industry at $## billion, including government and commercial (See Exhibit 4b). While the SIA does not break out revenue by commercial and government, it notes that, of the ## commercial launches in 2005, ## percent were government customers, and ## percent non-government.

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