Space EconomicsNew Domain-New
opportunites
• Space enthusiasts have always been talking about space, possibly since the very advent of human
civilization, but the economics of space have never been more compelling.
• The global space industry is undergoing an important shift from the traditional government-led
programs to a mix of actors, led more by private companies. A set of high-profile entrepreneurs—
Elon Musk, Jeff Bezos, Richard Branson, Paul Allen, and others—have used their wealth to
overcome high fixed-cost barriers to entry, launching companies based on new approaches to the
technology and management of space access.
• According to Q2 2023 ‘The space report’ , The global space economy grew 8%(YoY), reaching
$546 billion. Commercial revenue constitutes 78% of the total space economy. Some of the fastest
growth came in the communications sector, which saw rising demand for satellite broadband
services.
Note for design team- This chart is blurred…Make a new
pie chart with the same data .Also don’t forget to give
original credits
SEGMENTS THAT ARE LIKELY TO GROW IN SPACE SECTOR
Space Data Analysis as a service…
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• India is ranked as one of the major space
powers in the world because of its
acknowledged capability along the full
range of the space technology spectrum
and substantial indigenous capability.
• The Indian space market, currently
valued at $8 billion, is growing at a
CAGR of 4 percent, outpacing the global
average of 2 percent
• The space economy in India is set to
grow to US$13 billion by 2025 at a
CAGR of 6%.
Currently, India boasts of over 100 spacetech startups. Some of the major ones
are:
• Pixxel
• Bellatrix Aerospace
• Skyroot Aerospace
• Agnikul Cosmos
• Dhruva Space
• Some of the Indian startups are focusing on satellite manufacturing, few of them are even
developing their own launch vehicles others are focusing on other applications like data
analytics,forecasting ,modern agriculture,etc.
Indian Space sector
companies present
on Stock Market *:
*Disclaimer: The information provided in this slide is for
informational purposes only and should not be taken as
professional financial advice. The mentioned companies and
their performance in the space industry are subject to market
risks and individual due diligence. Investors should conduct
thorough research and consult with a financial advisor before
making any investment decisions.
Company
Specialization
Avantel
Satellite Communications, Defense
Technologies
L&T (Larsen & Toubro)
Aerospace, Critical Components
Manufacturing
Centum Electronics
Subsystems, System Integration
Services
HAL (Hindustan Aeronautics)
Defense and Aerospace
MIDHANI (Mishra Dhatu Nigam)
High-strength steel, Titanium Alloys,
Superalloys
Data Patterns
Defense and Aerospace Platforms
MTAR Technologies
Engines and cryogenic engine
subsystems
BHEL (Bharat Heavy Electricals)
Power Generation Equipment
Manufacturer
Paras Defense and Space
Technologies
Technology Transfer, Advanced
Technologies