Space Energy industry uk
Real-Time Industrial Classifications

UK Space Energy Industry

Dive into the UK Space Energy sector, where leading companies are revolutionising energy generation beyond Earth. Access real-time insights and data, and download our free snapshot report to explore the sector’s size and impact on the UK economy

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What is the Space Energy industry?

The UK’s Space Energy industry consists of a range of innovative companies involved in the generation, transmission and storage of energy in space. These companies specialise in the research, development and commercialisation of innovative tech and systems to support energy generation.

From solar energy generation to clean energy storage and reflective technologies, these initiatives demonstrate how space is being leveraged to unlock new commercial opportunities.

Space Energy sector summary

Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.

Here are the key facts about the Space Energy sector. The sector has a turnover of £53.7bn currently, has received £2.0bn of investment and the sector is growing at 15.5% per year.

1,069
COMPANIES CONSIDERED
£53.7bn
TOTAL TURNOVER
173,660
TOTAL EMPLOYEES
£2.0bn
TOTAL INVESTMENT FUNDING
£737.1m
TOTAL INNOVATE UK GRANT FUNDING
15.5%
AVERAGE COMPANY GROWTH PER YEAR

Space Energy verticals

Our industry data goes deep. See the top verticals and specialisms making waves in the UK Space Energy industry today.

Our Space Energy RTIC is made up of 5 individual verticals. The top verticals in this sector include Power Core, and Operations Management. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.

  • Sector Code Description Records
  • RTIC0082 Space Energy 1050 companies

    Space energy companies are involved in the research, development, and commercialization of technologies and systems that can generate, transmit, and store energy in space.

    • Space Energy: Ground Segment

      Companies specialising in the core technologies and systems essential for energy generation, transmission, and storage in space.

      174 companies
    • Space Energy: Operations Management

      Companies involved in planning, control, and coordination of activities in space energy

      342 companies
    • Space Energy: Power Core

      Companies generating, storing, and transmitting clean energy from space

      644 companies
    • Space Energy: Reflector

      Companies developing and utilising reflective technologies in space to either enhance solar energy generation on Earth or facilitate energy transmission within space itself

      82 companies
    • Space Energy: Space Infrastructure

      Companies working on the development, deployment, and operation of the physical and technological infrastructure needed to harness space energy generation.

      74 companies

Space Energy industry growth

Based on a growth rate of 15.5%, we expect that this sector could be worth £62.2bn by 2024. Below you can see our forecast of the growth of the sector.

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Includes key insights on market size, investment, growth, location and much more. Data updated every month.

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