- Bilateral TradeExport
- 13 July 2024
India-Australia Space Collaboration: A Way to Billion Dollar Market
The global space industry is achieving significant year-on-year growth, valued at around $400 billion, and expected to surpass the $900 billion mark by 2033. This massive size showcases the wealth of opportunities for the business associated with it. In this wealth of opportunity, North America, and Europe dominate the space industry share with 50% and 20%, respectively. On the other hand, India is the leader of the Global South in capturing cosmic exploration, and shares only 2-3 % of it.
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