Global Space Economy Market: Size and Trends with Impact of COVID-19 and Forecast up to 2026

DELHI, India - April 20, 2022 - PRLog -- The global space economy market in 2021 is valued at US$388.50 billion, and is likely to reach US$540.75 billion by 2026. Space is increasingly becoming of critical importance for a growing number of countries.

According to the OCED, the space economy market can be defined as "the full range of activities and the use of resources that create value and benefits to human beings in the course of exploring, researching, understanding, managing and utilizing space". Globally, the space industry is growing, with a record number of countries and commercial enterprises engaging in space programs. At the moment, the deployed space infrastructure enables the development of new services, which in turn enables new applications in sectors such as meteorology, energy, telecommunications, insurance, transport, maritime, aviation, and urban development, resulting in additional economic and societal benefits.

The key players of the global space economy market are:

Space Exploration Technologies Corp.
Blue Origin, LLC
Virgin Galactic Holdings, Inc.
National Aeronautics and Space Administration
Boeing Company
Relativity Space
Northrop Grumman Corporation (Orbital Sciences Corporation)
Astra Space, Inc.
Firefly Aerospace Inc.
Rocket Lab

The report titled "Global Space Economy Market: Analysis By client type, By Application, By Value Chain, By Region Size and Trends with Impact of COVID-19 and forecast up to 2026", includes :

--An in-depth analysis of the global space economy market by client type, by application, by value chain, by region, etc.

--The regional analysis of the space economy market, including the following regions:

North America
European Union- 27
Non-European Union- 27
Asia Pacific
South America & Caribbean
Africa & Middle East

--A detailed analysis of the regional earth observation space economy market and satellite navigation space economy market by value.

--Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

--Provides an analysis of the COVID-19 impact on the global space economy market, with post COVID impact analysis.

--Evaluation of the potential role of space economy services to improve the market status

--Identification of new technological developments, R&D activities, and product launches occurring in the Space Economy market

For further details, kindly visit :

https://www.daedal-research.com/electronics/global-space-economy-market-size-and-trends-with-impact-of-covid-19-and-forecast-up-to-2026

Rajeev Kumar

(Business Development Manager)

Address:  36 SFS Flats

Paschim Vihar

New Delhi-110063

Mobile: +91-9811715635

Tel: +91-120-4553017

Mail ID - info@daedal-research.com