Business

Space Militarization Market to Reach $88.6 Billion by 2030, Driven by Advanced Defense Strategies

Delray Beach, FL, Aug. 26, 2025 (GLOBE NEWSWIRE) -- The report "Space Militarization Market by Capability (Defense, Support), Solution (Space-based Equipment, Ground-based Equipment, Logistics & Services) and Region (North America, Asia Pacific, Europe, Rest of the World) - Global Forecast to 2030", published by MarketsandMarkets, The Space Militarization market is estimated at USD 53.7 billion in 2023 and is projected to reach USD 88.6 billion by 2030, at a CAGR of 7.4 % from 2023 to 2030. The

articleNorthrop Grumman CorporationAugust 26, 20255/company/northrop-grumman-corporation/news/space-militarization-market-to-reach-dollar886-billion-by-2030-driven-by-advanced-defense-strategies
Space Militarization Market to Reach $88.6 Billion by 2030, Driven by Advanced Defense Strategies

About this update from Northrop Grumman Corporation

[{"type":"image","alt":"MarketsandMarkets Research Pvt. Ltd.","displaySize":"","headline":null,"caption":"MarketsandMarkets Research Pvt. Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":103,"url":"https://media.zenfs.com/en/globenewswire.com/e7b5faf23c9bd4e600ef62a34a5002ac"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bA5ATldSTN1NdGhM0Cos7g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE0NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e7b5faf23c9bd4e600ef62a34a5002ac","width":300,"height":103}},"lazy":false},{"type":"text","content":"Delray Beach, FL, Aug. 26, 2025 (GLOBE NEWSWIRE) -- The report "Space Militarization Market by Capability (Defense, Support), Solution (Space-based Equipment, Ground-based Equipment, Logistics & Services) and Region (North America, Asia Pacific, Europe, Rest of the World) - Global Forecast to 2030", published by MarketsandMarkets, The Space Militarization market is estimated at USD 53.7 billion in 2023 and is projected to reach USD 88.6 billion by 2030, at a CAGR of 7.4 % from 2023 to 2030. The growth can be attributed to the increasing geopolitical tensions and competition among nations.","length":609,"tagName":"p"},{"type":"text","content":"Download PDF Brochure: ","length":22,"tagName":"p"},{"type":"text","content":"https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=145370586","length":65,"tagName":"p"},{"type":"text","content":"Major Space Militarization Companies Include:","length":45,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Boeing Company (US),","length":24,"tagName":"p"}]},{"val":[{"type":"text","content":"Lockheed Martin Corporation (US),","length":33,"tagName":"p"}]},{"val":[{"type":"text","content":"General Dynamics Corporation (US),","length":34,"tagName":"p"}]},{"val":[{"type":"text","content":"Raytheon Technologies Corporation (US), and","length":43,"tagName":"p"}]},{"val":[{"type":"text","content":"Northrop Grumman Corporation (US)","length":33,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":167,"olType":false},{"type":"text","content":"Space Militarization Market Segmentation Analysis:","length":50,"tagName":"p"},{"type":"text","content":"The Defense segment is expected to account for the highest growth share during the forecast period.","length":99,"tagName":"p"},{"type":"text","content":"By ...

More updates from Northrop Grumman Corporation

Lockheed Martin CorporationGeneral Dynamics CorporationMilitarizationDefense capabilitiesMarketsandMarketsDefense systemsDefenseRaytheon TechnologiesNorthrop Grumman CorporationSpace-basedDelray Beach, FLmarket share