Space is a great British success story
It is one of ambition and imagination, where bold thinking has inspired new businesses, opened up new markets, enabled up us to navigate our way around the planet and map a billion stars. Our expert scientists and industrialists helped define the start of the Space era, and today the UK is a world-leading Space nation.
The Space Growth Partnership (SGP) brings together companies, institutions, academics and entrepreneurs from the Space community to work with the Government to secure the future growth of the UK Space sector. Together, we are working to increase the UK’s share of the global Space market to 10% by 2030, a market that is estimated to be worth around £400 billion.
UK Space Sector
£14.8bn
Value of the UK Space industry
5.1%
UK’s current share of the global Space economy
£5.5bn
Value of UK Space industry exports
£566m
Invested in research and development in 2016/2017
948
Organisations with 39 new entrants per year
117,000
Jobs supported across the UK economy
Building on our strengths
Connectivity Services
£40bn forecast market, delivering broadband and 5G for everyone - at home and on the move, on the road, in the air or at sea, anywhere around the globe.
Earth Information Services
£20bn forecast market, delivering real-time global awareness, navigation, analytics and security for the advanced data economy.
In-Space Robotics
A nascent market potentially transforming the way we can use and explore Space, including all new applications for science, enterprise and consumers.
Low Cost Access to Space
Maximising the value of proposed UK Spaceports and launch from the UK, a £10bn forecast market, making the UK a home for low-cost launch services.
Delivering Growth
The UK Space sector’s bold ambition is to:
© Space Growth Partnership 2021
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