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The Space Economy at a Glance 2014

image of The Space Economy at a Glance 2014

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.

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United Kingdom

The United Kingdom is the fourth-biggest contributor to the European Space Agency (ESA), after Germany, France and Italy. The country has a strong space-related scientific and industrial base, particularly in satellite manufacturing and downstream applications. The development of the space sector is today considered an important part of UK industrial policy, with the expressed objectives to reinforce private sector research, support foreign trade and strengthen national and international public space organisations. This could be accompanied by an increase in government allocations from 2014 onwards (UK Space Agency, 2014).

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