Space Launch Services Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2030
- sareena shaikh
- Sep 22, 2022
- 4 min read
Global space launch services market size reached USD 6.59 billion in 2021 and is expected to register a revenue CAGR of 14.6% during the forecast period, according to latest analysis by Emergen Research. Rising demand for small satellites and for satellite data are some key factors expected to continue to drive market revenue growth over the forecast period.
Small satellites are cost-effective and reduce time for manufacturing and launch into orbit. These satellites are normally launched as a group and that mitigates risks of failure and allows for multiple points of data collection. Moreover, launch vehicles can carry and place a larger number of smaller satellites in orbit or further at the same time, which is a key factor increasing demand for small satellites, and is expected to drive revenue growth of the global market going ahead.
The Space Launch Services market drivers and restraints Market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Click the link to get a Free Sample Copy of the Report: https://www.emergenresearch.com/request-sample/1022
Some Key Highlights From the Report
Small satellite segment revenue is expected to register a substantially rapid CAGR during the forecast period due to rising demand for small satellites, owing to reduction in manufacturing and costs of launching, shorter period for mission planning, and flexibility to launch multiple satellites in a single mission. Moreover, small satellites can be customized as per requirement, which is expected to boost demand for small satellites in future.
Low Earth Orbit (LEO) segment is expected to register a significantly robust revenue growth rate over the forecast period due to ability to provide a low-latency, high-speed connection, enabling better Internet connectivity and decision-making capabilities.
North America is expected to register a more robust revenue growth rate over the forecast period among other regional markets due to presence of international and domestic space launch service providers such as Space Exploration Technologies Corporation., Blue Origin LLC, and Spaceflight Industries, Inc., among others in countries in the region.
Some major companies in the global market report include Space Exploration Technologies Corporation, Spaceflight Industries, Inc., International Launch Services, Inc., Blue Origin, LLC, Eurockot Launch Services GmbH, Mitsubishi Heavy Industries Ltd., Arianespace S.A., China Great Wall Industry Corporation., Antrix Corporation Limited., and International Space Company Kosmotras
In November 2021, Spaceflight Industries, Inc. launched 13 customer payloads into two separate orbits for the first time. After being launched by SpaceX\'s Falcon 9 rocket, Orbital Transfer Vehicles (OTV) will first place four microsatellites and five CubeSats in Sun Synchronous Orbit (SSO), and then travel 500 kilometers to deploy remaining four CubeSats in a different orbit.
Browse Full Report Description + Research Methodology + Table of Content + Infographics@
Emergen Research has segmented the global space launch services market on the basis of payload, services, orbit, application, platform, and region:
Payload Outlook (Revenue, USD Billion; 2019–2030)
Small Satellite
Nanosatellite
Microsatellite
Minisatellite
Medium Satellite
Large Satellite
Human Spacecraft
Services Outlook (Revenue, USD Billion; 2019–2030)
Pre-launch Services
Management Services
Integration & Logistics
Tracking, Data & Telemetry Support
Insurance
Post-launch Services
Launch and Early Operations Phase
Re-supply Missions
Stabilization
Orbit Outlook (Revenue, USD Billion; 2019–2030)
Low Earth Orbit (LEO)
Medium Earth Orbit (MEO)
Geosynchronous Orbit
Polar Orbit
Application Outlook (Revenue, USD Billion; 2019–2030)
Commercial
Government
Military
Platform Outlook (Revenue, USD Billion; 2019–2030)
Land
Sea
Air
Regional Outlook (Revenue, USD Billion; 2019–2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Regional Outlook: (Revenue, USD Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America(Brazil) (Rest of LATAM)
Get Discount on the Latest Report of UAS Traffic Management System Market : https://www.emergenresearch.com/request-discount/1022
Table of Contents:
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
Take a Look at our other Reports:
Rna Transcriptomics Market
Organs-On-Chips Market
Lactase Market
Durable Medical Equipment Market
Video Content Analytics Market
Managed Dns Service Market
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Comments