Proof Point
21 orbital commercial space launches earned $2.47 billion worldwide in 2016
Global Commercial Orbital Space Launch Volume and Revenue
2016 (number of commercial launches and US$ billion)
Proof Point Findings
- Commercial Space Activity – Space products or services (e.g. weather data, transportation, mining) provided by companies to private and non-government customers
- Aggregate Volume and Revenue – Global commercial orbital launches reached total of 21, with $2.47 billion revenue
- U.S. Led Space Commercialization – 11 U.S. commercial launches recorded in 2016, earning $1.19 billion, closely followed by Europe with eight launches with revenue of $1.15 billion
- Key Growth Drivers – Include rapidly advancing space technology, accelerating space and geological research, expansion of space commercial applications (e.g. big data, network connectivity, and weather services), and proliferation of space technology demonstration projects
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Date Last Updated |
July 10, 2017
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