Space Exploration

Boost in public and private initiatives in space exploration with a converging global interest in Moon exploration

Since the early beginnings of space exploration, the number of countries involved has expanded considerably. Global government investment in space exploration totaled $14.6 billion in 2017, a 6% increase compared to 2016. Fifteen leading space programs worldwide are estimated to contribute to this global investment, with the U.S. accounting for 74% of the total. Global expenditures have grown in the past five years driven by programs in leading countries and new countries investing in space exploration. In a still constrained budgetary environment, global space budgets for space exploration are expected to grow to over $20 billion by 2027. Growth factors include growing investments from leading space programs to support Moon exploration and orbital infrastructure as the Moon become the next global strategic priority, as well as increased funding in transportation programs to support future LEO and BLEO activities. Space exploration, moreover, is attracting not only the interest of an increasing number of governments but also the private sector. Start-ups to large companies seek to exploit the commercial potential of exploration activities. Moving forward, space agencies are increasingly seeking to leverage partnerships with the private sector to achieve their goals more cost-effectively while fostering sustainable space exploration.

Strategic and economic assessment of the space exploration market: sector dynamics, analysis & forecasts

A Sample of Our Consulting Expertise

  • • Return on investment of space exploration technologies
  • • Business model and associated launch service demand of future public and private space stations
  • • Benchmarks and forecast of space exploration programs worldwide
  • • Socio-economic studies for the use of space exploration technologies in terrestrial settings
  • • Analysis and forecast of space exploration in the U.S.
  • • Analysis and benchmark of commercial exploration initiatives worldwide