Space launches: 2022 record year with 186 orbital launches

Here are the key elements:

• 2022 record year for space launches: 186 orbital launches were recorded worldwide in 2022, the highest number ever recorded in a single year. This pace should not slow down, in particular supported by the deployment of constellations – or groups of satellites – in low Earth orbit and in medium Earth orbit. 
• Over the past five years, the number of satellites launched has increased fivefold, and new records could be set. According to BCG estimates, between 2023 and 2030, at least 24,000 satellites will be launched, a figure that could reach 40,000 depending on the development of mega-constellation projects or cohorts of satellites in low Earth orbit. 
• Space exploration is not to be outdone : it is entering a new era, with 170 missions planned between 2022 and 2031, more than three times the number of the past decade.  
• Despite the crisis, the space economy remains a sector favored by investors  : in 2022, the ten largest transactions in the sector represent $700 million in financing, an increase of 18% compared to 2021.   
• While the 53 space bases currently in service are mainly concentrated in the United States, Russia, Europe and China, around thirty new sites could see the light of day in countries which have no historical presence in this market, such as Peru, Indonesia and Australia.
• In order to profit from space in a sustainable way, public and private sector entities will need to build robust strategies and business models. In this competition, France and Europe continue to play a key role in the sector , rejoicing in the excellence of skills and the constant and lasting investments to support research and innovation. 9 billion euros should be invested over three years to catch up in particular on the delay noted on reusable launchers and constellations.