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Europe Military Satellite Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Europe Military Satellite Market is segmented by Satellite Mass (10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg), by Orbit Class (GEO, LEO, MEO), by Satellite Subsystem (Propulsion Hardware and Propellant, Satellite Bus & Subsystems, Solar Array & Power Hardware, Structures, Harness & Mechanisms) and by Application (Communication, Earth Observation, Navigation, Space Observation, Others). Market Value in USD is presented. Key Data Points observed include spending on space programs in USD by region; and, the count of satellite launches by satellite launch mass.

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Europe Military Satellite Market Size

Europe Military Satellite Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 2.92 Billion
svg icon Market Size (2029) USD 5.31 Billion
svg icon Largest Share by Orbit Class LEO
svg icon CAGR (2024 - 2029) 12.70 %
svg icon Largest Share by Country United Kingdom
svg icon Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Europe Military Satellite Market Analysis

The Europe Military Satellite Market size is estimated at USD 2.92 billion in 2024, and is expected to reach USD 5.31 billion by 2029, growing at a CAGR of 12.70% during the forecast period (2024-2029).

2.92 Billion

Market Size in 2024 (USD)

5.31 Billion

Market Size in 2029 (USD)

10.68 %

CAGR (2017-2023)

12.70 %

CAGR (2024-2029)

Largest Market by Satellite Mass

68.18 %

value share, above 1000kg, 2022

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Large satellites have a higher demand owing to their applications, such as satellite radio, communications, remote sensing, planetary security, and weather forecasting.

Largest Market by Satellite Subsystem

80.28 %

value share, Propulsion Hardware and Propellant, 2022

The demand for these propulsion systems is driven by the launch of mass satellite constellations into space. They are used for transferring the spacecraft to the orbit.

Largest Market by Orbit Class

84.81 %

value share, LEO, 2022

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LEO satellites are increasingly being adopted in modern communication technologies. These satellites serve an important role in Earth observation applications.

Largest Market by Application

83.28 %

value share, Earth Observation, 2022

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Earth observation satellites are used for weather forecasting, forestry mapping, and pollution monitoring. The growing adoption of VAS by private companies and organizations is likely to fuel the growth of satellite-based Earth observation.

Leading Market Player

67.60 %

market share, ROSCOSMOS, 2022

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Roscosmos, also known as Roscosmos State Corporation for Space Activities, designs and manufactures various military satellites. It is a major supplier for the Russian Ministry of Defense and Military Space Forces (VKS).

LEO satellites are driving the market's growth and occupies a significant share of 84% in 2029

  • There is a growing need for secure and resilient communication systems to support military operations. European countries are investing in military satellite systems that offer enhanced encryption capabilities and protection against cyber threats. These systems ensure reliable and secure communication channels for command and control, intelligence gathering, and coordination among military forces.
  • At launch, a satellite or spacecraft is usually placed in one of several special orbits around the Earth, or it can be launched during interplanetary travel. There are three types of Earth orbits, namely, geostationary orbit (GEO), medium Earth orbit, and low Earth orbit. Many weather and communications satellites tend to have high Earth orbits farthest from the surface. Medium Earth orbit satellites include navigational and specialized satellites that are designed to monitor a specific area. Most science satellites, including those, are in low Earth orbit.
  • The different satellites manufactured and launched in this region have different applications. For instance, during 2017-2022, out of the 16 satellites manufactured and launched in MEO, most were built for navigation/global positioning purposes. Similarly, out of the 14 satellites in GEO, most were deployed for communication and Earth observation purposes. European organizations owned around 500+ LEO satellites that were manufactured and launched during the historical period.
  • The growing use of satellites in areas such as electronic intelligence, Earth science/meteorology, laser imaging, electronic intelligence, optical imaging, and meteorology is expected to drive demand for space sensors in the European satellite launch vehicle market during the forecast period. During 2023-2029, the market is expected to surge by 104%.
Europe Military Satellite Market

Europe Military Satellite Market Trends

The rising demand for satellite miniaturization in Europe is boosting the market

  • Miniature satellites leverage advances in computation, miniaturized electronics, and packaging to produce sophisticated mission capabilities. As the microsatellites can share the ride to space with other missions, they considerably reduce launch costs.
  • The demand from Europe is primarily driven by Germany, France, Russia, and the United Kingdom, which manufacture the largest number of small satellites annually. Though the launches from the region have decreased over the last three years, a huge potential lies in the region's industry. The ongoing investments in the startups and the nano and microsatellite development projects are also expected to boost the revenue growth of the regional market. On this note, from 2017 to 2022, more than 50 nano and microsatellites were placed into orbit by various players in the region.
  • Companies are focusing on cost-effective approaches to produce these satellites on a large scale to meet the growing demand. The approach involves the use of low-cost industrial-rated passives at the development and design validation stages. The miniaturization and commercialization of electronic components and systems have driven market participation, resulting in the emergence of new market players that aim to capitalize on and enhance the current market scenario. In August 2021, France launched the BRO satellite into LEO. These nanosatellites can locate and identify ships worldwide, providing tracking services for maritime operators and helping security forces. The country plans to build a fleet of 20-25 nanosatellites by 2025.
Europe Military Satellite Market

The surge in investment opportunities is expected to boost the Europe military satellite market

  • European countries are recognizing the importance of various investments in the space domain. They are increasing their spending in areas such as Earth observation, satellite navigation, connectivity, space research, and innovation to stay competitive in the global space industry. On this note, in November 2022, ESA announced that it had proposed a 25% boost in space funding over the next three years designed to maintain Europe's lead in Earth observation, expand navigation services, and remain a partner in exploration with the United States. The ESA is requesting its 22 nations to back a budget of EUR 18.5 billion for 2023-2025. In September 2022, the French government announced that it was planning to allocate more than USD 9 billion to space activities, an increase of about 25% over the past three years. In November 2022, Germany announced that about EUR 2.37 billion were allocated, including about EUR 669 million for Earth observation, about EUR 365 million for telecommunications, EUR 50 million for technology programs, EUR 155 million for space situational awareness and space security, and EUR 368 million for space transport and operations.
  • The UK government has planned a USD 7.5 billion upgradation of the satellite telecommunication capabilities of the armed forces. In July 2020, the UK Ministry of Defence (MoD) awarded a USD 630 million contract to Airbus Defence and Space for constructing a new telecommunications satellite as a stopgap to bolster military capabilities ahead of the introduction of a new generation of spacecraft that is scheduled to start entering service by 2025. Under the terms of the contract, the fully indigenous satellite will be based on Airbus' Eurostar Neo spacecraft.
Europe Military Satellite Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Increased adoption of nano and minisatellites is poised to generate market demand

Europe Military Satellite Industry Overview

The Europe Military Satellite Market is fairly consolidated, with the top five companies occupying 100%. The major players in this market are Airbus SE, Centre National D'études Spatiales (CNES), ROSCOSMOS, RSC Energia and Thales (sorted alphabetically).

Europe Military Satellite Market Leaders

  1. Airbus SE

  2. Centre National D'études Spatiales (CNES)

  3. ROSCOSMOS

  4. RSC Energia

  5. Thales

Europe Military Satellite Market Concentration

Other important companies include GomSpaceApS, Information Satellite Systems Reshetnev.

*Disclaimer: Major Players sorted in alphabetical order.

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Europe Military Satellite Market News

  • November 2023: The Colombian Air Force contracted Gomspace to build an Earth observation satellite named FACSAT-1. The optical imaging satellite was launched from the Satish Dhawan Space Centre.
  • August 2023: GomSpace successfully delivered the BRO-4, a maritime surveillance satellite for Unseenlabs. The satellite was launched from French Guiana.
  • February 2023: The Danish MoD contracted Gomspace to build the GomX-4A and GomX-4B Earth observation satellites for surveillance purposes. They were launched from the Jiuquan Satellite Launch Center.

Free with this Report

We offer a comprehensive set of global and local metrics that illustrate the fundamentals of the satellites industry. Clients can access in-depth market analysis of various satellites and launch vehicles through granular level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on satellite launches, satellite mass, application of satellites, spending on space programs, propulsion systems, end users, etc., are available in the form of comprehensive reports as well as excel based data worksheets.

Europe Military Satellite Market
Europe Military Satellite Market
Europe Military Satellite Market
Europe Military Satellite Market

Europe Military Satellite Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Satellite Miniaturization

    2. 2.2. Satellite Mass

    3. 2.3. Spending On Space Programs

    4. 2.4. Regulatory Framework

      1. 2.4.1. France

      2. 2.4.2. Germany

      3. 2.4.3. Russia

      4. 2.4.4. United Kingdom

    5. 2.5. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Satellite Mass

      1. 3.1.1. 10-100kg

      2. 3.1.2. 100-500kg

      3. 3.1.3. 500-1000kg

      4. 3.1.4. Below 10 Kg

      5. 3.1.5. above 1000kg

    2. 3.2. Orbit Class

      1. 3.2.1. GEO

      2. 3.2.2. LEO

      3. 3.2.3. MEO

    3. 3.3. Satellite Subsystem

      1. 3.3.1. Propulsion Hardware and Propellant

      2. 3.3.2. Satellite Bus & Subsystems

      3. 3.3.3. Solar Array & Power Hardware

      4. 3.3.4. Structures, Harness & Mechanisms

    4. 3.4. Application

      1. 3.4.1. Communication

      2. 3.4.2. Earth Observation

      3. 3.4.3. Navigation

      4. 3.4.4. Space Observation

      5. 3.4.5. Others

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Airbus SE

      2. 4.4.2. Centre National D'études Spatiales (CNES)

      3. 4.4.3. GomSpaceApS

      4. 4.4.4. Information Satellite Systems Reshetnev

      5. 4.4.5. ROSCOSMOS

      6. 4.4.6. RSC Energia

      7. 4.4.7. Thales

  7. 5. KEY STRATEGIC QUESTIONS FOR SATELLITE CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter's Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. MINIATURE SATELLITES (BELOW 10KG), NUMBER OF LAUNCHES, EUROPE, 2017 - 2022
  1. Figure 2:  
  2. SATELLITE MASS (ABOVE 10KG) BY REGION, NUMBER OF SATELLITES LAUNCHED, EUROPE, 2017 - 2022
  1. Figure 3:  
  2. SPENDING ON SPACE PROGRAMS BY REGION, USD, EUROPE, 2017 - 2022
  1. Figure 4:  
  2. EUROPE MILITARY SATELLITE MARKET, VALUE, USD, 2017 - 2029
  1. Figure 5:  
  2. VALUE OF MILITARY SATELLITE MARKET BY SATELLITE MASS, USD, EUROPE, 2017 - 2029
  1. Figure 6:  
  2. VALUE SHARE OF MILITARY SATELLITE MARKET BY SATELLITE MASS, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 7:  
  2. VALUE OF 10-100KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 8:  
  2. VALUE OF 100-500KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 9:  
  2. VALUE OF 500-1000KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF BELOW 10 KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF ABOVE 1000KG MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 12:  
  2. VALUE OF MILITARY SATELLITE MARKET BY ORBIT CLASS, USD, EUROPE, 2017 - 2029
  1. Figure 13:  
  2. VALUE SHARE OF MILITARY SATELLITE MARKET BY ORBIT CLASS, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 14:  
  2. VALUE OF GEO MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 15:  
  2. VALUE OF LEO MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF MEO MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF MILITARY SATELLITE MARKET BY SATELLITE SUBSYSTEM, USD, EUROPE, 2017 - 2029
  1. Figure 18:  
  2. VALUE SHARE OF MILITARY SATELLITE MARKET BY SATELLITE SUBSYSTEM, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 19:  
  2. VALUE OF PROPULSION HARDWARE AND PROPELLANT MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF SATELLITE BUS & SUBSYSTEMS MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 21:  
  2. VALUE OF SOLAR ARRAY & POWER HARDWARE MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 22:  
  2. VALUE OF STRUCTURES, HARNESS & MECHANISMS MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF MILITARY SATELLITE MARKET BY APPLICATION, USD, EUROPE, 2017 - 2029
  1. Figure 24:  
  2. VALUE SHARE OF MILITARY SATELLITE MARKET BY APPLICATION, %, EUROPE, 2017 VS 2023 VS 2029
  1. Figure 25:  
  2. VALUE OF COMMUNICATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF EARTH OBSERVATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 27:  
  2. VALUE OF NAVIGATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 28:  
  2. VALUE OF SPACE OBSERVATION MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF OTHERS MARKET, USD, EUROPE, 2017 - 2029
  1. Figure 30:  
  2. NUMBER OF STRATEGIC MOVES OF MOST ACTIVE COMPANIES, EUROPE MILITARY SATELLITE MARKET, EUROPE, 2017 - 2029
  1. Figure 31:  
  2. TOTAL NUMBER OF STRATEGIC MOVES OF COMPANIES, EUROPE MILITARY SATELLITE MARKET, EUROPE, 2017 - 2029
  1. Figure 32:  
  2. MARKET SHARE OF EUROPE MILITARY SATELLITE MARKET, %, EUROPE, 2022

Europe Military Satellite Industry Segmentation

10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg are covered as segments by Satellite Mass. GEO, LEO, MEO are covered as segments by Orbit Class. Propulsion Hardware and Propellant, Satellite Bus & Subsystems, Solar Array & Power Hardware, Structures, Harness & Mechanisms are covered as segments by Satellite Subsystem. Communication, Earth Observation, Navigation, Space Observation, Others are covered as segments by Application.

  • There is a growing need for secure and resilient communication systems to support military operations. European countries are investing in military satellite systems that offer enhanced encryption capabilities and protection against cyber threats. These systems ensure reliable and secure communication channels for command and control, intelligence gathering, and coordination among military forces.
  • At launch, a satellite or spacecraft is usually placed in one of several special orbits around the Earth, or it can be launched during interplanetary travel. There are three types of Earth orbits, namely, geostationary orbit (GEO), medium Earth orbit, and low Earth orbit. Many weather and communications satellites tend to have high Earth orbits farthest from the surface. Medium Earth orbit satellites include navigational and specialized satellites that are designed to monitor a specific area. Most science satellites, including those, are in low Earth orbit.
  • The different satellites manufactured and launched in this region have different applications. For instance, during 2017-2022, out of the 16 satellites manufactured and launched in MEO, most were built for navigation/global positioning purposes. Similarly, out of the 14 satellites in GEO, most were deployed for communication and Earth observation purposes. European organizations owned around 500+ LEO satellites that were manufactured and launched during the historical period.
  • The growing use of satellites in areas such as electronic intelligence, Earth science/meteorology, laser imaging, electronic intelligence, optical imaging, and meteorology is expected to drive demand for space sensors in the European satellite launch vehicle market during the forecast period. During 2023-2029, the market is expected to surge by 104%.
Satellite Mass
10-100kg
100-500kg
500-1000kg
Below 10 Kg
above 1000kg
Orbit Class
GEO
LEO
MEO
Satellite Subsystem
Propulsion Hardware and Propellant
Satellite Bus & Subsystems
Solar Array & Power Hardware
Structures, Harness & Mechanisms
Application
Communication
Earth Observation
Navigation
Space Observation
Others
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Market Definition

  • Application - Various applications or purposes of the satellites are classified into communication, earth observation, space observation, navigation, and others. The purposes listed are those self-reported by the satellite’s operator.
  • End User - The primary users or end users of the satellite is described as civil (academic, amateur), commercial, government (meteorological, scientific, etc.), military. Satellites can be multi-use, for both commercial and military applications.
  • Launch Vehicle MTOW - The launch vehicle MTOW (maximum take-off weight) means the maximum weight of the launch vehicle during take-off, including the weight of payload, equipment and fuel.
  • Orbit Class - The satellite orbits are divided into three broad classes namely GEO, LEO, and MEO. Satellites in elliptical orbits have apogees and perigees that differ significantly from each other and categorized satellite orbits with eccentricity 0.14 and higher as elliptical.
  • Propulsion tech - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
  • Satellite Mass - Under this segment, different types of satellite propulsion systems have been classified as electric, liquid-fuel and gas-based propulsion systems.
  • Satellite Subsystem - All the components and subsystems which includes propellants, buses, solar panels, other hardware of satellites are included under this segment.
Keyword Definition
Attitude Control The orientation of the satellite relative to the Earth and the sun.
INTELSAT The International Telecommunications Satellite Organization operates a network of satellites for international transmission.
Geostationary Earth Orbit (GEO) Geostationary satellites in Earth orbit 35,786 km (22,282 mi) above the equator in the same direction and at the same speed as the earth rotates on its axis, making them appear fixed in the sky.
Low Earth Orbit (LEO) Low Earth Orbit satellites orbit from 160-2000km above the earth, take approximately 1.5 hours for a full orbit and only cover a portion of the earth’s surface.
Medium Earth Orbit (MEO) MEO satellites are located above LEO and below GEO satellites and typically travel in an elliptical orbit over the North and South Pole or in an equatorial orbit.
Very Small Aperture Terminal (VSAT) Very Small Aperture Terminal is an antenna that is typically less than 3 meters in diameter
CubeSat CubeSat is a class of miniature satellites based on a form factor consisting of 10 cm cubes. CubeSats weigh no more than 2 kg per unit and typically use commercially available components for their construction and electronics. 
Small Satellite Launch Vehicles (SSLVs) Small Satellite Launch Vehicle (SSLV) is a three-stage Launch Vehicle configured with three Solid Propulsion Stages and a liquid propulsion-based Velocity Trimming Module (VTM) as a terminal stage
Space Mining Asteroid mining is the hypothesis of extracting material from asteroids and other asteroids, including near-Earth objects.
Nano Satellites Nanosatellites are loosely defined as any satellite weighing less than 10 kilograms.
Automatic Identification System (AIS) Automatic identification system (AIS) is an automatic tracking system used to identify and locate ships by exchanging electronic data with other nearby ships, AIS base stations, and satellites. Satellite AIS (S-AIS) is the term used to describe when a satellite is used to detect AIS signatures.
Reusable launch vehicles (RLVs) Reusable launch vehicle (RLV) means a launch vehicle that is designed to return to Earth substantially intact and therefore may be launched more than one time or that contains vehicle stages that may be recovered by a launch operator for future use in the operation of a substantially similar launch vehicle.
Apogee The point in an elliptical satellite orbit which is farthest from the surface of the earth. Geosynchronous satellites which maintain circular orbits around the earth are first launched into highly elliptical orbits with apogees of 22,237 miles.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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Europe Military Satellite Market Research FAQs

The Europe Military Satellite Market size is expected to reach USD 2.92 billion in 2024 and grow at a CAGR of 12.70% to reach USD 5.31 billion by 2029.

In 2024, the Europe Military Satellite Market size is expected to reach USD 2.92 billion.

Airbus SE, Centre National D'études Spatiales (CNES), ROSCOSMOS, RSC Energia and Thales are the major companies operating in the Europe Military Satellite Market.

In the Europe Military Satellite Market, the LEO segment accounts for the largest share by orbit class.

In 2024, United Kingdom accounts for the largest share by country in the Europe Military Satellite Market.

In 2023, the Europe Military Satellite Market size was estimated at USD 2.58 billion. The report covers the Europe Military Satellite Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Military Satellite Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Military Satellite Industry Report

Statistics for the 2024 Europe Military Satellite market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Military Satellite analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Europe Military Satellite Market Report Snapshots

Europe Military Satellite Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029