Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, if she will make a comparative assessment of the (a) growth and (b) global market share of the space industry in (i) the UK and (ii) other G7 countries.

As part of its ongoing space policy development, the Department for Science, Innovation and Technology (DSIT) already makes comparative assessments of the growth and global market share of the UK space industry, drawing on data from a wide range of countries (including other G7 economies). These assessments ensure that the UK’s space sector performance is understood in its international context, using the latest available evidence.

The UK Space Agency’s (UKSA) Size and Health of the UK Space Industry 2024 report estimated the total income of the UK space sector to be £18.6 billion in 2022/23 and the 2023 report Expanding Frontiers has details about countries’ percentage market shares. DSIT will continue to analyse and monitor data on the UK’s place in the global space industry.