The report provides an overview of the macroeconomic landscape in which the space sector operates and core indicators which directly affect the industry.
It also covers key trends and figures of the space sector in 2025, including public and private investment in space, space activity in terms of launches, mass launched, satellites launched, and the space industry’s revenues both upstream and downstream. This year a specific focus on defence investments development has also been added as global space budgets have undergone a structural shift due to an increase in defence spending at a global level.
Posted by CurtisLeow
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ESA released a report on the global space economy. They talk about public and private spending patterns. It also discusses trade. I figured I would post this here since it’s an interesting report and relevant to neoliberalism.
In Figure 4 they show that public investment in space is actually down globally. The US is 58%, China is 15%, Europe is 11%, Russia 5%, Japan 5%, India 1%, and the rest of the world is 5%. US spending is down, mainly because the US cut aid to Ukraine. Public spending in Europe is up. There’s a double digit increase in defense spending in Europe. China’s public spending on space has been steadily going up over the past couple of years.
Private investments are up. Satellite launches are up. Most of the increase is due to Starlink. Here’s Figure 15 showing the satellite launches over the past couple of years.
https://preview.redd.it/7jzux3dvf9dh1.png?width=1550&format=png&auto=webp&s=fc9daf197426837a93c574152d7cdeee1ff82a02
You can really see the dominance of Starlink. Figure 26 did a great breakdown of Starlink subscribers. Most of the subscribers are in North America and Latin America. I was surprised how little demand there was in Europe and Asia. They talk about how the market for satellite broadband in Europe just isn’t that large. There’s a discussion about how European companies don’t have access to most of the global market.
!ping SPACEFLIGHT