What Happened
Emerging Europe Seeks To Challenge US And China Dominance
Governments worldwide invested a record 119 billion euros in the space sector last year, according to the European Space Agency. The upstream market, focusing on spacecraft manufacturing and launch services, is valued at 75 billion euros, with institutional demand dominating the sector. The downstream market, comprising satellite communications and Earth observation, was valued at approximately 490 billion euros in 2025. As reported by Emerging Europe Insight, the space economy is becoming increasingly important, with space-based systems supporting critical infrastructures and services across OECD countries.