Economy
Annual Economy Overviews
2007 – Economy Overview
The space industry experienced strong growth overall in 2007, with estimated global space revenues and government budgets reaching $251 billion. Exhibit 1b shows estimated space industry revenues from 2005 through 2007 and yearly growth rates.
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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