Forecast: Import of Spacecraft, Satellites and Spacecraft Launch Vehicles to the US

In 2024, the US is forecasted to import spacecraft, satellites, and spacecraft launch vehicles amounting to approximately 49.766 million USD. The imports are projected to grow steadily to about 51.851 million USD by 2028. The increase from 2024 to 2025 is 1.08%, followed by an increase of 1.05% in 2026, 1.01% in 2027, and 0.99% in 2028. The compound annual growth rate over the four-year forecast period is approximately 1.02% per year. As of 2023, the baseline import value was less than in 2024, indicating an upward trajectory.

Future trends to watch for include:

  • The impact of technological advancements on the cost and demand for space-related imports.
  • Government policy and international relations affecting the space industry and trade partnerships.
  • Emerging private sector contributions and investments within the space industry.

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