Space Mega Trends
Major space trends are expected to enhance existing space capabilities at the upstream and downstream levels.
More upstream technology innovations will result in an increase in downstream satellite-based services, contributing to the space industry’s growth in the coming decade.
High-throughput satellites will remain prominent in the coming decade, feeding into diverse satellite communication capabilities, including commercial and military networks.
Small satellites will see increased application in the coming decade and beyond as customers who cannot afford large satellites will seek affordable small-scale satellite capabilities.
Satellite imagery-based analytic services will see a significant swell due to the quickly increasing trend of data-driven decision making and the relaxation of restrictions on the sale of high-resolution satellite imagery.
Robotic in-orbit servicing technology will gain prominence as the need for optimizing space real estate grows along with the need for enhanced mission life of satellites in orbit. Small satellite technologies will feed into these solutions as space programs gear up to bring dead satellites back to life.
About this report
This research covers a brief analysis of key space technology trends and their implications on the future. Space-based technologies have become the backbone of our daily lives, many times without our realising it. Stakeholders across industries are exploring opportunities in and with space-based technologies, from providing broadband to the other 3 billion (O3B) to researching life sciences. The areas covered in this market insight touch on some of these areas, including high-throughput satellites, small satellites, 3-D printing, reusable launch vehicles, space tourism, and other satellite-based services. The analysis attempts to distribute the trends' evolution over the timeline until 2030 to arrive at a predictive state of the future of the trends and their implications on the aerospace & defense industry.
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