Commercial space launch services market value India 2020-2025

Published by
Shangliao Sun,
Jun 19, 2024
The commercial Indian space launch services market stood at 111 million U.S. dollars in 2022 in India. It was predicted that the commercial space launch services will be increasing steadily until 2025. Economical launch services, rise in navigation satellites, and increasing demand for communication satellites will assist in the growth of the Indian space launch services market. Indian Space Research Organisation (ISRO) is the primary service provider focused on developing rockets and satellites in India.

Market value of commercial space launch services in India from 2020 to 2022, with projections until 2025 (in million U.S. dollars)

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Release date

October 2022

Region

India

Survey time period

2020 to 2022

Supplementary notes

*Forecast.
India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

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