The Space Economy at a Glance 2014

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The space sector plays an increasingly pivotal role in the functioning of modern societies and their economic development as the use of satellite technology gives rise to new applications, uses and markets. Space Economy at a Glance offers a statistical overview of the global space sector and its contributions to economic activity using data from over 40 countries with space programmes, and identifies new dynamics in the space sector.



The civil aerospace markets

The aerospace sector is an important source of manufacturing employment in the OECD area. It is historically linked to defence programmes; and civil and military aerospace products and services are often provided by the same major industrial groups. The sector is expected to grow significantly in the next decade, as mobility in general and air traffic in particular is expected to increase, especially in emerging economies. There are several aerospace markets, which are often quite distinct from each other, although they all share the same basic need for sustained research and development. The space sector represents a rather small segment of the industry, as indicated by large aerospace industry associations. The data usually take into account space manufacturing activities, and overlook other space-related activities that are taking place outside the aerospace industry (e.g. commercial satellite telecommunications operators).


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