India’s Space Sector
Industry Overview
- Global Market Share: Indian space sector currently holds 2%-3% share of the global space economy, with a target to exceed 10% by 2030.
- World Ranking: ISRO is the 6th largest space agency in the world and boasts an exceptional success rate.
- Global Power: With over 400 private space companies, India ranks fifth globally in terms of number of space companies.
- Projected Growth: Expected to reach $13 billion by 2025.
Market Potential and Growth
- Presence of Global Space Companies: 3.6% of global space-related companies operate in India.
- Foreign Satellite Launches by ISRO: 424 foreign satellites launched for 34 countries, yielding over $279 ....
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