Space Launch Services Market by Payload (Satellite, Human Spacecraft, Cargo, and Space Probes), Service Type, End User(Commercial, Military and Government), Orbit, Launch Vehicle, Launch type and Region - Global Forecast to 2027
The space launch services market size is projected to reach USD 29.6 billion by 2027, at a CAGR of 15.1% during the forecast period.
The growth of space launch services can be attributed to the increasing demand for payload launches from various end users, including commercial and government sectors, military organizations, space agencies, defense organizations, satellite operators, and private companies.
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Covid-19 Impact on Space launch services Market
The COVID-19 pandemic has caused a large-scale impact on economies across the world. The global manufacturing of space launch vehicles, components, and assembly lines have been impacted. COVID-19 has led to several challenges for many industries. The Aerospace & defense industry is no exception to that. The budget allotted to the defense sector has been reduced by several countries due to the COVID-19 pandemic. This puts most research projects on hold. The export of space launch services to several countries in the Middle East, Africa, and Latin America has also been reduced. All these scenarios affect the development of space launch services.
Space launch services Market Segment Overview
Military and Government segment of the Space Launch Services Market by End user, to grow at highest CAGR during the forecast period
The Military and Government segment is projected to be USD 24,139 million by 2027, at a higher CAGR of 15.1% during the forecast period. The trend of miniaturization of technologies and increasing capabilities of small satellites propel the demand for space launch services.
Small lift launch segment to command the Space Launch Services Market by launch vehicle, during the forecast period
The small lift launch vehicles (<350,000 KG) segment is expected to reach USD 19,672 million by 2027 at a CAGR of 14.6% from 2022 to 2027. The small lift launch vehicles segment is witnessing high growth, owing to an increase in deployment of small satellites and cube satellites for commercial end users and increasing demand for small satellite constellations.
The North America market is projected to contribute the largest share from 2022 to 2027
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Launcher Recoverability
Launcher recoverability technology refers to the utilization of the partial recoverable lower stages of the launch vehicle and is developing further.
The technology is in the design, development, and testing stage, and after overcoming reliability issues, it is expected to increase launcher reliability and reduce launch costs in the long term. The recovered hardware parts of launch vehicles can be damaged while falling back into the sea and are required to be rectified before the launch vehicle can be used again. Also, the hardware to be reused needs to undergo stricter quality control measures compared to conventional disposable launcher systems.
Top 5 Key Players in Space launch services Market
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Space X (US),
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Arianespace (France),
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Northrop Grumman Corp. (US),
-
United Launch Alliance (US),
-
Rocket Lab (US) and
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China Aerospace Science and Technology Corporation (China)
Space launch services Market Scope
|
Report Metric |
Details |
| Estimated Market Size | USD 16.9 billion |
| Projected Market Size | USD 29.6 billion |
| Growth Rate | 15.1% |
|
Market size available for years |
2018–2027 |
|
Base year considered |
2021 |
|
Forecast period |
2022-2027 |
|
Forecast units |
Value (USD Billion) |
|
Segments covered |
By service type, By payload, By orbit, By launch vehicle type, By launch type, and By end use |
|
Geographies covered |
North America, Europe, Asia Pacific, and Rest of the World |
|
Companies covered |
SpaceX (US), Arianespace (France), China Aerospace Science and Technology Corporation (China), United Launch Alliance (US), Northrop Grumman Corporation (US) |
Space launch services Market Dynamics
Driver: Increased deployment of small satellites
Over the past few years, space companies have started production of low-cost small/miniaturized satellites, which enable them to provide services equivalent to major companies that conventionally serve government agencies or public sector industries.
One of the factors responsible for the growth of the satellite industry is the increase in the adoption of small satellites for applications such as Earth observation, communication, and scientific research and the increasing focus on reducing total mission costs.
As launch service providers decide the cost of launch based on the weight of the spacecraft, spacecraft manufacturers are focused on miniaturizing the size of satellites. Small satellites tend to cost less, especially in cases where mission payloads have fewer demanding requirements, which enables a reduction in the size of the launch vehicle and thus the fuel need. In addition, technological advancements, such as reusable launch vehicles designed by SpaceX (US), are expected to further enhance the capabilities of satellites at a significantly lower cost. As satellite launch costs decline, the number of satellite launches is expected to increase.
Restraint : Lack of dedicated launch vehicles
Small satellites are carried as secondary payloads and do not have dedicated launch vehicles. Furthermore, as secondary payloads, small satellite missions are restricted by the lack of control of the launch schedule and destination orbit of the vehicle.
This is due to constraints on the volume and pressure of the stored propellant, primarily for the protection of the primary payload, and the requirement of antenna systems for primary payloads, which may restrict the launch of small satellite payloads in more suitable or favorable mission orbits. Moreover, the primary payload may need a pre-programmed orbital velocity and be placed in a specified orbit, limiting launch windows for small satellite missions. This also limits the fulfillment of the mission requirement for small satellites in some applications.
Therefore, the potential use of small satellites in various applications is dependent on the availability of reliable launch vehicles with a requisite range of performance capabilities. However, current launch vehicle performance capabilities do not effectively span the range of potential payloads.
Opportunity: Technological upgrades in space industry
The high development cost of satellites and other spacecraft has always been a major hindrance to the growth of the space industry. Due to technologies, such as the miniaturization of satellites and payloads, manufacturers seek to leverage cost reduction while performing key operations in the value chain.
Defense domains across the globe are also seeking less expensive multifunctional spacecraft. Recoverable launch vehicles are another technology that is a major opportunity for the space industry. Such technologies have made launches easier and cheaper, driving the growth of the space launch services market.
Challenges: Scarce intellectual assets
The tremendous success of recent space exploration missions by space agencies in the Asia Pacific, such as the Indian Space and Research Organization (ISRO) and the China National Space Administration (CNSA), can be attributed to a large number of qualified scientists and personnel with relevant key skills in the region. Critical space operations rely heavily on intellectual assets, incorporating research & development, patents, software, human resources, and new organizational structures. These assets are strategic factors in value creation for firms.
However, the expansion of the services sector, globalization, deregulation, and the emergence of new information and communication technologies has resulted in the scarcity of intellectual assets across the globe. Countries such as Morocco, South Africa, Nigeria, Somalia, Kenya, Bangladesh, Nepal, and Bhutan, among others, have scarce intellectual assets in terms of qualified personnel for space exploration programs. This has resulted in a lack of space exploration programs in these countries, limiting the growth of the space launch services market.
Space launch services Market Segment Categorization
The study categorizes the space launch services market based on Application, Mobility, Size, Mode of Operation, System, and Region.
Based on Service Type, the space launch services market has been segmented as follows:
- Pre-launch
- Post launch
Based on Payloaad, the space launch services market has been segmented as follows:
- Satellite
- Stratolite
- Cargo
- Human Spaceflights
- Space Probes
Based on the Orbit, the space launch services market has been segmented as follows:
- LEO
- MEO
- GEO
- Beyond GEO
Based on the Launch Vehicle Type, space launch services market has been segmented as follows:
- Small-lift Launch Vehicle
- Medium to Heavy Launch Vehicle
Based on the Launch Type, space launch services market has been segmented as follows:
- Re-usable
- Single Use
Based on the End Use, space launch services market has been segmented as follows:
- Commercial
- Military
Based on the region, space launch services market has been segmented as follows:
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Rest of the World includes Latin America, and Africa
Recent Developments
- In March 2022, Rocket Lab (US) has successfully deployed a second Synthetic Aperture Radar (SAR) satellite to orbit for data and solutions provider Synspective, bringing the total number of satellites deployed by Rocket Lab to 110. In January 2018, Rocket Lab (USA) has launched Electron rocket into space under USD 5 million.
- NASA is working with the private sector on its Artemis program, which intends to land people on the moon by 2024. The human landers for the mission will be created by SpaceX, Blue Origin, and Dynetics (US), according to a NASA announcement made in April 2020.
Frequently Asked Questions (FAQ):
What are your views on the growth prospect of the Space launch services Market?
Response: The Space Launch Services Market is expected to grow substantially owing to the increased investments in space exploration missions, development of small satellites, and technological advancements in launch vehicles.
What are the key sustainability strategies adopted by leading players operating in the Space launch services?
Response: Key players have adopted various organic and inorganic strategies to strengthen their position in the Space Launch Services Market. Major players, including Space X (US), Arianespace (France), Northrop Grumman Corp. (US), United Launch Alliance (US), and China Aerospace Science and Technology Corporation (China) have adopted various strategies, such as contracts and agreements, to expand their presence in the market further.
What are the new emerging technologies and use cases disrupting the Space Launch Services Market?
Response: Some of the major emerging technologies and use cases disrupting the market include Launcher recoverability, reusable rockets, flexible launcher services and advanced payload system.
Who are the key players and innovators in the ecosystem of the Space launch services Market?
Response: Major players and innovators, include Space X (US), Arianespace (France), Northrop Grumman Corp. (US), United Launch Alliance (US), and China Aerospace Science and Technology Corporation (China), Rocket Lab (US) and Antrix Corporation (India).
Which region is expected to hold the highest market share in the Space Launch Services Market?
Response: North America is estimated to account for the largest share of XX% of the space launch services market in 2022. The growth of the space launch services market in North America is mainly driven by increased investments in space exploration missions, development of small satellites, and technological advancements in launch vehicles.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 21)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
FIGURE 1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 INCLUSIONS AND EXCLUSIONS
1.5 CURRENCY
1.6 USD EXCHANGE RATES
1.7 LIMITATIONS
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 26)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH FLOW
FIGURE 3 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary source
2.1.3 KEY PRIMARY SOURCES
2.1.3.1 Breakdown of primaries
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 DEMAND- AND SUPPLY-SIDE ANALYSIS
2.2.1 DEMAND-SIDE INDICATORS
2.2.1.1 Growing demand for commercial NGSO launches
FIGURE 5 SATELLITES LAUNCHED, BY ORBIT (2020-2021)
2.2.1.2 Rising demand for EO and telecommunication applications
FIGURE 6 SATELLITE ORBITAL LAUNCHES, BY COUNTRY, IN UNITS (2017–2027)
2.2.2 SUPPLY-SIDE INDICATORS
2.2.2.1 Advancements in RLV technology
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.1.1 Market size estimation and methodology
TABLE 1 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.1.2 Regional split of market
2.3.2 TOP-DOWN APPROACH
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 GROWTH RATE ASSUMPTIONS
2.7 RISKS
3 EXECUTIVE SUMMARY (Page No. - 36)
FIGURE 10 SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2022 VS. 2027 (USD BILLION) 36
FIGURE 11 MARKET, BY GOVERNMENT END USE, 2022 VS. 2027(USD BILLION)
FIGURE 12 MARKET, BY REGION, 2022 VS. 2027 (USD BILLION) 37
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN MARKET, 2022–2027
FIGURE 13 RISING DEPLOYMENT OF SMALL SATELLITES AND SIGNIFICANT INVESTMENT BY VENTURE COMPANIES FOR SPACE EXPLORATION MISSIONS
4.2 SPACE LAUNCH SERVICES MARKET, BY END USER
FIGURE 14 GOVERNMENT SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.3 MARKET, BY LAUNCH TYPE
FIGURE 15 REUSABLE SEGMENT TO COMMAND HIGHEST GROWTH DURING FORECAST PERIOD
4.4 MARKET, BY SATELLITE
FIGURE 16 SMALL SATELLITES TO BE DOMINANT DURING FORECAST PERIOD
4.5 MARKET, BY COUNTRY
FIGURE 17 UK ESTIMATED TO HAVE HIGHEST CAGR IN MARKET DURING 2022–2027
5 MARKET OVERVIEW (Page No. - 42)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increased deployment of small satellites
TABLE 2 KEY INFORMATION ON LEO AND MEO CONSTELLATIONS (OPERATIONAL)
TABLE 3 KEY INFORMATION ON LEO AND MEO CONSTELLATIONS (DEVELOPMENT)
5.2.1.2 Investments by venture companies
TABLE 4 GLOBAL TOP VC INVESTORS IN SPACE TECHNOLOGY SINCE 2010
FIGURE 19 VENTURE CAPITAL INVESTMENTS IN SPACE INDUSTRY, 2010
5.2.1.3 Focus on reducing mission costs
5.2.1.4 Increased demand for space tourism
FIGURE 20 GLOBAL REVENUE OF SPACE TRAVEL AND TOURISM, (2021–2030)
5.2.2 RESTRAINTS
5.2.2.1 Lack of dedicated launch vehicles
5.2.2.2 Lack of measures for disposal of orbital debris
5.2.3 OPPORTUNITIES
5.2.3.1 Technological upgrades in space industry
5.2.3.2 Government investments in space technology
5.2.4 CHALLENGES
5.2.4.1 Scarce intellectual assets
5.2.4.2 Emissions due to space missions
5.2.4.3 Concerns over space debris
5.3 AVERAGE SELLING PRICE
TABLE 5 SPACE LAUNCH SERVICES: AVERAGE LAUNCH COST
5.4 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS
5.4.1 UPSTREAM PLAYERS
5.4.2 MANUFACTURERS
5.4.3 LAUNCH SERVICE PROVIDERS
5.4.4 DOWNSTREAM PLAYERS
5.4.5 GOVERNMENT AGENCIES
5.4.6 SATELLITE OPERATORS
5.5 MARKET ECOSYSTEM MAP
FIGURE 22 MARKET ECOSYSTEM
5.5.1 PROMINENT COMPANIES
5.5.2 PRIVATE AND SMALL ENTERPRISES
5.5.3 END USERS
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
FIGURE 23 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SATELLITE SYSTEM MANUFACTURERS
5.7 OPERATIONAL DATA
TABLE 6 GLOBAL SMALL SATELLITE LAUNCH VOLUME, BY MASS, 2018–2021
TABLE 7 ORBITAL LAUNCHES, BY COUNTRY, 2017–2022
5.8 PORTER’S FIVE FORCES ANALYSIS FOR SATELLITE LAUNCH SERVICES MARKET
FIGURE 24 MARKET: PORTER’S FIVE FORCE ANALYSIS
5.8.1 MARKET: PORTER’S FIVE FORCE ANALYSIS
5.8.2 THREATS OF NEW ENTRANTS
5.8.3 THREAT OF SUBSTITUTES
5.8.4 BARGAINING POWERS OF SUPPLIERS
5.8.5 BARGAINING POWERS OF BUYERS
5.8.6 INTENSITY OF COMPETITIVE RIVALRY
5.9 TARIFF AND REGULATORY LANDSCAPE
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.9.1.1 UN Office of Outer Space Affairs (UNOOSA)
5.9.1.2 UN Committee on the Peaceful Uses of Outer Space (COPUOS)
TABLE 8 UN SPACE TREATIES
5.9.1.3 North America
5.9.1.4 Europe
5.9.1.5 Asia Pacific
5.10 KEY CONFERENCES AND EVENTS IN 2022–2023
TABLE 9 MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
6 INDUSTRY TRENDS (Page No. - 58)
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.2.1 LAUNCHER RECOVERABILITY
6.2.2 REUSABLE ROCKETS
6.2.3 ADDITIVE MANUFACTURING
6.2.4 FLEXIBLE LAUNCH SERVICES
6.2.5 SPACECRAFT PROPULSION
6.2.6 ADVANCED PAYLOAD SYSTEMS
6.2.7 IN-ORBIT SERVICES
6.2.8 PROPELLANT TECHNOLOGIES
6.2.9 UPPER STAGE AND SPACECRAFT ORBIT RAISING TECHNOLOGIES
6.3 USE CASE OF SLS MARKET
6.3.1 BOOM IN SPACE EXPLORATION
6.3.2 ADVANCEMENT IN SATELLITE COMMUNICATION
6.3.3 SPACE ROBOTICS AND SERVICING
6.3.4 DEVELOPMENTS IN REMOTE SENSING
6.3.5 IMPROVEMENTS IN SPACE ENGINEERING
6.3.6 INCREASE IN SPACE MINING
6.4 IMPACT OF MEGATRENDS
6.4.1 REUSABLE ROCKETS REDUCE LAUNCH COST
6.4.2 ENHANCED SMALL SATELLITE LAUNCHES
6.4.3 SPACE TOURISM
6.5 INNOVATION AND PATENT REGISTRATIONS
7 SPACE LAUNCH SERVICES MARKET, BY END USER (Page No. - 63)
7.1 INTRODUCTION
FIGURE 25 MILITARY AND GOVERNMENT SEGMENT TO ACQUIRE HIGHER MARKET SHARE DURING FORECAST PERIOD
TABLE 10 MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 11 MARKET, BY END USER, 2022–2027 (USD MILLION)
7.2 COMMERCIAL
7.2.1 OBSERVATION
7.2.2 COMMUNICATION
7.2.3 SCIENTIFIC R&D
7.2.4 OTHERS (CIVIL, ETC.)
7.3 MILITARY AND GOVERNMENT
7.3.1 DEPARTMENT OF DEFENSE AND INTELLIGENCE AGENCIES
7.3.2 NATIONAL SPACE AGENCIES
7.3.3 SEARCH AND RESCUE ENTITIES
7.3.4 NATIONAL MAPPING AND TOPOGRAPHIC AGENCIES
8 SPACE LAUNCH SERVICES MARKET, BY LAUNCH VEHICLE (Page No. - 68)
8.1 INTRODUCTION
FIGURE 26 MEDIUM TO HEAVY VEHICLES (>350,000 KG) SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 12 MARKET, BY LAUNCH VEHICLE, 2018–2021 (USD MILLION)
TABLE 13 MARKET, BY LAUNCH VEHICLE, 2022–2027 (USD MILLION)
8.2 SMALL LIFT LAUNCH VEHICLES (<350,000 KG)
8.3 MEDIUM TO HEAVY VEHICLES (>350,000 KG)
9 SPACE LAUNCH SERVICES MARKET, BY LAUNCH TYPE (Page No. - 71)
9.1 INTRODUCTION
FIGURE 27 SINGLE USE SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 14 MARKET, BY LAUNCH TYPE, 2018–2021 (USD MILLION)
TABLE 15 MARKET, BY LAUNCH TYPE, 2022–2027 (USD MILLION)
9.2 SINGLE USE
9.3 REUSABLE
10 SPACE LAUNCH SERVICES MARKET, BY ORBIT (Page No. - 74)
10.1 INTRODUCTION
FIGURE 28 LOW EARTH ORBIT SEGMENT EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 16 SPACE LAUNCH VEHICLES MARKET, BY ORBIT, 2018–2022 (USD MILLION)
TABLE 17 SPACE LAUNCH VEHICLES MARKET, BY ORBIT, 2022–2027 (USD MILLION)
10.2 LOW EARTH ORBIT (LEO)
10.3 MEDIUM EARTH ORBIT (MEO)
10.4 GEOSTATIONARY EARTH ORBIT (GEO)
10.5 BEYOND GEOSTATIONARY EARTH ORBIT
11 SPACE LAUNCH SERVICES MARKET, BY PAYLOAD (Page No. - 78)
11.1 INTRODUCTION
FIGURE 29 SMALL SATELLITE SEGMENT EXPECTED TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 18 MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 19 MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
11.2 SATELLITES
11.2.1 SMALL SATELLITES (1–500 KG)
11.2.1.1 Nanosatellites
11.2.1.2 Microsatellites
11.2.1.3 Minisatellites
11.2.2 MEDIUM SATELLITES (500–2,500 KG)
11.2.3 LARGE SATELLITES (>2,500 KG)
11.3 CARGO
11.4 HUMAN SPACECRAFT
11.5 SPACE PROBES
12 SPACE LAUNCH SERVICES MARKET, BY SERVICE TYPE (Page No. - 83)
12.1 INTRODUCTION
12.2 PRE LAUNCH
12.2.1 INTEGRATION
12.2.2 MANUFACTURERS
12.2.3 WAREHOUSING
12.2.4 LAUNCH ACQUISITION AND COORDINATION
12.2.5 MANAGEMENT SERVICES
12.2.6 INTEGRATION AND LOGISTICS
12.2.7 ASSEMBLING
12.2.8 COMPONENT AND PART SUPPLIERS
12.2.9 TRACKING, DATA, AND TELEMETRY SUPPORT
12.2.10 INSURANCE
12.3 POST LAUNCH
12.3.1 LAUNCH AND EARLY OPERATIONS PHASE (LEOP)
12.3.2 RESUPPLY MISSIONS
12.3.3 VALUE-ADDED SERVICES
12.3.4 PAYLOAD OPERATORS
12.3.5 STABILIZATION
12.3.6 OTHERS
13 REGIONAL ANALYSIS (Page No. - 86)
13.1 INTRODUCTION
FIGURE 30 SPACE LAUNCH SERVICES MARKET: REGIONAL SNAPSHOT
TABLE 20 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 21 MARKET, BY REGION, 2022–2027 (USD MILLION)
13.2 NORTH AMERICA
FIGURE 31 NORTH AMERICA: SPACE LAUNCH SERVICES MARKET SNAPSHOT
TABLE 22 NORTH AMERICA: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 23 NORTH AMERICA: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 24 NORTH AMERICA: MARKET, BY ORBIT, 2018–2021 (USD MILLION)
TABLE 25 NORTH AMERICA: MARKET, BY ORBIT, 2022–2027 (USD MILLION)
TABLE 26 NORTH AMERICA: MARKET, BY LAUNCH VEHICLE, 2018–2021 (USD MILLION)
TABLE 27 NORTH AMERICA: MARKET, BY LAUNCH VEHICLE, 2022–2027 (USD MILLION)
TABLE 28 NORTH AMERICA: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 29 NORTH AMERICA: MARKET, BY END USER, 2022–2027 (USD MILLION)
TABLE 30 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 31 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
13.2.1 US
TABLE 32 US: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 33 US: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 34 US: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 35 US: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.2.2 CANADA
TABLE 36 CANADA: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 37 CANADA: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 38 CANADA: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 39 CANADA: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.3 EUROPE
FIGURE 32 EUROPE: SPACE LAUNCH SERVICES MARKET SNAPSHOT
TABLE 40 EUROPE: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 41 EUROPE: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 42 EUROPE: MARKET, BY ORBIT, 2018–2021 (USD MILLION)
TABLE 43 EUROPE: MARKET, BY ORBIT, 2022–2027 (USD MILLION)
TABLE 44 EUROPE: MARKET, BY LAUNCH VEHICLE, 2018–2021 (USD MILLION)
TABLE 45 EUROPE: MARKET, BY LAUNCH VEHICLE, 2022–2027 (USD MILLION)
TABLE 46 EUROPE: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 47 EUROPE: MARKET, BY END USER, 2022–2027 (USD MILLION)
TABLE 48 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 49 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
13.3.1 RUSSIA
TABLE 50 RUSSIA: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 51 RUSSIA: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 52 RUSSIA: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 53 RUSSIA: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.3.2 FRANCE
TABLE 54 FRANCE: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 55 FRANCE: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 56 FRANCE: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 57 FRANCE: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.3.3 GERMANY
TABLE 58 GERMANY: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 59 GERMANY: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 60 GERMANY: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 61 GERMANY: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.3.4 UK
TABLE 62 UK: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 63 UK: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 64 UK: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 65 UK: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.3.5 ITALY
TABLE 66 ITALY: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 67 ITALY: MARKET SIZE, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 68 ITALY: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 69 ITALY: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.3.6 REST OF EUROPE
13.4 ASIA PACIFIC
FIGURE 33 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 70 ASIA PACIFIC: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 71 ASIA PACIFIC: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 72 ASIA PACIFIC: MARKET, BY ORBIT, 2018–2021 (USD MILLION)
TABLE 73 ASIA PACIFIC: MARKET, BY ORBIT, 2022–2027 (USD MILLION)
TABLE 74 ASIA PACIFIC: MARKET, BY LAUNCH VEHICLE, 2018–2021 (USD MILLION)
TABLE 75 ASIA PACIFIC: MARKET, BY LAUNCH VEHICLE, 2022–2027 (USD MILLION)
TABLE 76 ASIA PACIFIC: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 77 ASIA PACIFIC: MARKET, BY END USER, 2022–2027 (USD MILLION)
TABLE 78 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 79 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
13.4.1 CHINA
TABLE 80 CHINA: SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 81 CHINA: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 82 CHINA: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 83 CHINA: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.4.2 JAPAN
TABLE 84 JAPAN: SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 85 JAPAN: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 86 JAPAN: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 87 JAPAN: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.4.3 INDIA
TABLE 88 INDIA: SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 89 INDIA: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 90 INDIA: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 91 INDIA: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.4.4 NEW ZEALAND
TABLE 92 NEW ZEALAND: SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 93 NEW ZEALAND: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 94 NEW ZEALAND: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 95 NEW ZEALAND: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.4.5 SOUTH KOREA
TABLE 96 SOUTH KOREA: SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 97 SOUTH KOREA: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 98 SOUTH KOREA: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 99 SOUTH KOREA: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.5 REST OF THE WORLD
TABLE 100 REST OF THE WORLD: SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 101 REST OF THE WORLD: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 102 REST OF THE WORLD: MARKET, BY ORBIT, 2018–2021 (USD MILLION)
TABLE 103 REST OF THE WORLD: MARKET, BY ORBIT, 2022–2027 (USD MILLION)
TABLE 104 REST OF THE WORLD: MARKET, BY LAUNCH VEHICLE, 2018–2021 (USD MILLION)
TABLE 105 REST OF THE WORLD: MARKET, BY LAUNCH VEHICLE, 2022–2027 (USD MILLION)
TABLE 106 REST OF THE WORLD: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 107 REST OF THE WORLD: MARKET, BY END USER, 2022–2027 (USD MILLION)
TABLE 108 REST OF THE WORLD: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 109 REST OF THE WORLD: MARKET, BY REGION, 2022–2027 (USD MILLION)
13.5.1 MIDDLE EAST & AFRICA
TABLE 110 MIDDLE EAST: SPACE LAUNCH SERVICES MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 111 MIDDLE EAST: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 112 MIDDLE EAST: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 113 MIDDLE EAST: MARKET, BY END USER, 2022–2027 (USD MILLION)
13.5.2 LATIN AMERICA
TABLE 114 LATIN AMERICA: MARKET, BY PAYLOAD, 2018–2021 (USD MILLION)
TABLE 115 LATIN AMERICA: MARKET, BY PAYLOAD, 2022–2027 (USD MILLION)
TABLE 116 LATIN AMERICA: MARKET, BY END USER, 2018–2021 (USD MILLION)
TABLE 117 LATIN AMERICA: MARKET, BY END USER, 2022–2027 (USD MILLION)
14 COMPETITIVE LANDSCAPE (Page No. - 132)
14.1 INTRODUCTION
TABLE 118 KEY DEVELOPMENTS BY LEADING PLAYERS IN MARKET BETWEEN JANUARY 2018 AND JUNE 2022
14.2 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2021
TABLE 119 DEGREE OF COMPETITION
FIGURE 34 MARKET SHARE OF KEY PLAYERS IN MARKET, 2021
FIGURE 35 COLLECTIVE REVENUE SHARE OF TOP FIVE PLAYERS
14.3 RANK ANALYSIS IN 2021
FIGURE 36 REVENUE SHARE OF TOP FIVE PLAYERS IN MARKET IN 2021
TABLE 120 COMPANY REGION FOOTPRINT
TABLE 121 COMPANY MOBILITY FOOTPRINT
14.4 COMPETITIVE EVALUATION QUADRANT
14.4.1 STARS
14.4.2 PERVASIVE PLAYERS
14.4.3 EMERGING LEADERS
14.4.4 PARTICIPANTS
FIGURE 37 MARKET COMPETITIVE LEADERSHIP MAPPING, 2021
14.5 COMPETITIVE BENCHMARKING
14.5.1 PROGRESSIVE COMPANIES
14.5.2 RESPONSIVE COMPANIES
14.5.3 STARTING BLOCKS
14.5.4 DYNAMIC COMPANIES
FIGURE 38 MARKET COMPETITIVE LEADERSHIP MAPPING (SME)
14.6 DETAILED LIST AND COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
TABLE 122 MARKET: DETAILED LIST OF KEY STARTUPS/SMES
14.7 COMPETITIVE SCENARIO
14.7.1 NEW LAUNCHES
TABLE 123 NEW PRODUCT DEVELOPMENTS, JANUARY 2018–JUNE 2022
14.7.2 CONTRACTS, DEALS, AND AGREEMENTS
TABLE 124 CONTRACTS, DEALS, AND AGREEMENTS, JANUARY 2018– JUNE 2022
15 COMPANY PROFILES (Page No. - 148)
15.1 INTRODUCTION
(Business overview, Products offered, Recent developments & MnM View)*
15.2 KEY PLAYERS
15.2.1 CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION
TABLE 125 CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION: BUSINESS OVERVIEW
TABLE 126 CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION: NEW PRODUCT LAUNCHES
15.2.2 SPACEX
TABLE 127 SPACEX: BUSINESS OVERVIEW
TABLE 128 SPACEX: NEW PRODUCT LAUNCHES
TABLE 129 SPACEX: DEALS
15.2.3 UNITED LAUNCH ALLIANCE
TABLE 130 UNITED LAUNCH ALLIANCE: BUSINESS OVERVIEW
TABLE 131 UNITED LAUNCH ALLIANCE: NEW PRODUCT LAUNCHES
TABLE 132 UNITED LAUNCH ALLIANCE: DEALS
15.2.4 NORTHROP GRUMMAN CORPORATION
TABLE 133 NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW
FIGURE 39 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
TABLE 134 NORTHROP GRUMMAN CORPORATION: DEALS
15.2.5 THE BOEING COMPANY
TABLE 135 THE BOEING COMPANY: BUSINESS OVERVIEW
FIGURE 40 THE BOEING COMPANY: COMPANY SNAPSHOT
TABLE 136 THE BOEING COMPANY: NEW PRODUCT LAUNCHES
TABLE 137 THE BOEING COMPANY: DEALS
15.2.6 MITSUBISHI HEAVY INDUSTRIES
TABLE 138 MITSUBISHI HEAVY INDUSTRIES: BUSINESS OVERVIEW
FIGURE 41 MITSUBISHI HEAVY INDUSTRIES: COMPANY SNAPSHOT
TABLE 139 MITSUBISHI HEAVY INDUSTRIES: NEW PRODUCT LAUNCHES
TABLE 140 MITSUBISHI HEAVY INDUSTRIES: DEALS
15.2.7 ANTRIX
TABLE 141 ANTRIX: BUSINESS OVERVIEW
FIGURE 42 ANTRIX: COMPANY SNAPSHOT
TABLE 142 ANTRIX: NEW PRODUCT LAUNCHES
TABLE 143 ANTRIX: DEALS
15.2.8 ARIANESPACE
TABLE 144 ARIANESPACE: BUSINESS OVERVIEW
TABLE 145 ARIANESPACE: NEW PRODUCT LAUNCHES
TABLE 146 ARIANESPACE: DEALS
15.2.9 BLUE ORIGIN
TABLE 147 BLUE ORIGIN: BUSINESS OVERVIEW
TABLE 148 BLUE ORIGIN: NEW PRODUCT LAUNCHES
TABLE 149 BLUE ORIGIN: DEALS
15.2.10 CHINA GREAT WALL INDUSTRY
TABLE 150 CHINA GREAT WALL INDUSTRY: BUSINESS OVERVIEW
TABLE 151 CHINA GREAT WALL INDUSTRY: NEW PRODUCT LAUNCHES
15.2.11 ILS INTERNATIONAL LAUNCH SERVICES
TABLE 152 ILS INTERNATIONAL LAUNCH SERVICES: BUSINESS OVERVIEW
TABLE 153 ILS INTERNATIONAL LAUNCH SERVICES: NEW PRODUCT LAUNCHES
15.2.12 LOCKHEED MARTIN
TABLE 154 LOCKHEED MARTIN: BUSINESS OVERVIEW
FIGURE 43 LOCKHEED MARTIN: COMPANY SNAPSHOT
TABLE 155 LOCKHEED MARTIN: NEW PRODUCT LAUNCHES
TABLE 156 LOCKHEED MARTIN: DEALS
15.2.13 ASTRA SPACE
TABLE 157 ASTRA SPACE: BUSINESS OVERVIEW
TABLE 158 ASTRA SPACE: DEALS
15.2.14 SWEDISH SPACE CORPORATION (SSC)
TABLE 159 SWEDISH SPACE CORPORATION: BUSINESS OVERVIEW
FIGURE 44 SWEDISH SPACE CORPORATION: COMPANY SNAPSHOT
TABLE 160 SWEDISH SPACE CORPORATION: NEW PRODUCT LAUNCHES
TABLE 161 SWEDISH SPACE CORPORATION: DEALS
15.2.15 ROCKET LAB
TABLE 162 ROCKET LAB: BUSINESS OVERVIEW
FIGURE 45 ROCKET LAB: COMPANY SNAPSHOT
TABLE 163 ROCKET LAB: NEW PRODUCT LAUNCHES
TABLE 164 ROCKET LAB: DEALS
15.2.16 FIREFLY AEROSPACE
TABLE 165 FIREFLY AEROSPACE: BUSINESS OVERVIEW
TABLE 166 FIREFLY AEROSPACE: NEW PRODUCT LAUNCHES
TABLE 167 FIREFLY AEROSPACE: DEALS
15.2.17 RELATIVITY SPACE
TABLE 168 RELATIVITY AEROSPACE: BUSINESS OVERVIEW
TABLE 169 RELATIVITY AEROSPACE: NEW PRODUCT LAUNCHES
TABLE 170 RELATIVITY AEROSPACE: DEALS
15.2.18 DAWN AEROSPACE
TABLE 171 DAWN AEROSPACE: BUSINESS OVERVIEW
TABLE 172 DAWN AEROSPACE: NEW PRODUCT LAUNCHES
TABLE 173 DAWN AEROSPACE: DEALS
15.2.19 GRAVITILAB AEROSPACE SERVICES
TABLE 174 GRAVITILAB AEROSPACE SERVICES: BUSINESS OVERVIEW
TABLE 175 GRAVITILAB AEROSPACE SERVICES
15.2.20 CNIM AIR SPACE
TABLE 176 CNIM AIR SPACE: BUSINESS OVERVIEW
TABLE 177 CNIM AIR SPACE: NEW PRODUCT LAUNCHES
TABLE 178 CNIM AIR SPACE: DEALS
15.2.21 VIRGIN ORBIT
TABLE 179 VIRGIN ORBIT: BUSINESS OVERVIEW
TABLE 180 VIRGIN ORBIT: NEW PRODUCT LAUNCHES
TABLE 181 VIRGIN ORBIT: DEALS
15.2.22 SIERRA SPACE
TABLE 182 SIERRA SPACE: BUSINESS OVERVIEW
TABLE 183 SIERRA SPACE: NEW PRODUCT LAUNCHES
TABLE 184 SIERRA SPACE: DEALS
15.2.23 EUROCKOT
TABLE 185 EUROCKOT: BUSINESS OVERVIEW
TABLE 186 EUROCKOT: NEW PRODUCT LAUNCHES
15.2.24 ISC KOSMOTRAS
TABLE 187 ISC KOSMOTRAS: BUSINESS OVERVIEW
TABLE 188 ISC KOSMOTRAS: DEALS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
16 APPENDIX (Page No. - 191)
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the space launch services market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various sources were referred to for identifying and collecting information for this study. The secondary sources included government sources, such as SIPRI; corporate filings such as annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases.
Primary Research
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors, from business development, marketing, product development/innovation teams, and related key executives from space launch services vendors; system integrators; component providers; distributors; and key opinion leaders.
Primary interviews were conducted to gather insights such as market statistics, data of revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped understand the various trends related to technology, application, vertical, and region. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs, and installation teams of the customer/end users who are using space launch services were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of space launch services and future outlook of their business which will affect the overall market.
To know about the assumptions considered for the study, download the pdf brochure
|
COMPANY NAME |
DESIGNATION |
|
Surrey Satellite Technology Ltd. |
Head of International Business |
|
Manatsu Space |
Co-Founder |
|
YSPM, LLC |
CEO & Principal Consultant |
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the space launch services market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size included the following:
- Key players in the industry and market were identified through extensive secondary research of their product matrix and geographical presence and developments undertaken by them.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Global space launch services market Size: Bottom-Up Approach
Data Triangulation
After arriving at the overall size of the space launch services market using the market size estimation processes explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from demand as well as supply sides of the space launch services market.
Report Objectives
- To define, describe, and forecast the space launch services market by service type, payload, orbit, launch vehicle type, launch type, end use, and region
- To analyze the demand- and supply-side indicators influencing the growth of the space launch services market
- To provide in-depth market intelligence regarding key market dynamics, such as drivers, restraints, opportunities, and industry-specific challenges, which influence the growth of the space launch services market
- To forecast the size of various segments of the space launch services market across five main regions, namely, North America, Europe, Asia Pacific, and Rest of the World.
- To analyze micromarkets 1 with respect to individual growth trends, prospects, and their contribution to the space launch services market
- To analyze technological advancements and new product launches in the space launch services market
- To strategically profile key players in the space launch services market and comprehensively analyze their core competencies 2
- To identify products and key developments of leading companies operating in the space launch services market
- To provide a comprehensive analysis of business and corporate strategies adopted by key players operating in the space launch services market
- To provide a detailed competitive landscape of the space launch services market, along with market share ranking of leading players in the market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies.
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Company Information
- Detailed analysis and profiles of additional market players (up to 5)
Growth opportunities and latent adjacency in Space Launch Services Market
I want to see if the launch market predicted includes fabrication of semiconductors, relaying of power via space, and asteroid mining for obtaining cobalt for battery production. I am looking to make investments in companies that provide these services/products, I want to see if the launch capacity/pricing will be there to close the business case on those areas.
Hi, I'm looking to find more details about the market size and potential of aerial/ground launching to space in the category of 200-400 kg payload. Thanks! Omri Yoffe