Space Economy
ESA seeks to ensure a sustainable growth of the European space sector and the creation of value to society, from basic research to service development.
Space Economy activities at ESA have four priorities:
- Monitor the space sector globally and Europe’s competitiveness
- Establish strategic partnerships, notably with the OECD, Eurostat and the EC JRC, and CERN
- Evaluate the social, economic and environmental impacts of space
- Provide the secretariat of the European Centre for Space Economy and Commerce, ECSECO
News
Space Benefits for Earth: Understanding the remarkable value of Europe’s achievements in space
Prepared by ESA Space Economy team in support of ESA Ministerial Council 2025, the "Space Benefits for Earth" presentation highlights the benefits to the European economy and society of its Member States’&nbs...
Read more
ESA Report on the Space Economy 2024
The ESA Report on the Space Economy 2024 was published in December 2024.
The document provides an annual update on the status and trends of the space economy, globally and the position of Europe specifically.
It presents a comprehensive ...
Read more
ESA Discovery activities - Understanding the impact of ESA early R&D on Europe’s innovation and research
Technology is at the heart of any space activity, and the foundation of ESA programmes. A primary objective throughout the agency is to develop mission enabling technologies, while also investing in potentially game-changing ones. Across directorates...
Read more
Evaluating the social, economic and environmental impacts of space in support of ESA Council at Ministerial level.
The programmes implemented through the European Space Agency
significantly contribute to Europe’s leadership in science, technology, and innovation.
With some of the most advanced satellites in Earth observation, communications,
and navigation, as well as world-renowned science and exploration missions, ESA
programmes provide crucial solutions for monitoring, early warning systems, and
supporting employment and growth while inspiring and protecting future generations.
In 2025, Ministers from ESA's 22 Member States will decide on the next space
missions that will play a critical role in supporting European nations in overcoming
challenges such as climate change, civil security, sustainable economy, and
sovereignty.
In preparation for this 2025 Ministerial Meeting (CM25), independent socio-economic
impact studies are currently underway. Their objective is to provide robust insights
into the social, economic, and environmental impacts of Europe’s investment in ESA
programmes.
Discover more