Market Overview:
The global commercial satellite launch market is expected to grow from USD 9.8 billion in 2018 to USD 21.4 billion by 2030, at a CAGR of 10.5% from 2018 to 2030. The growth of the global commercial satellite launch market can be attributed to the increasing demand for navigational, communication, reconnaissance, weather, and remote sensing satellites across the globe.
Product Definition:
A commercial satellite launch is the process of sending a payload into space for commercial purposes. Commercial satellite launches are important because they allow businesses to send satellites into orbit for telecommunications, Earth observation, or other purposes.
GEO satellite:
Geostationary Equatorial Orbit (GEO) is a geocentric orbit, which keeps the same position with respect to the Earth's equator at all times. The main advantage of GEO satellites is that it provides coverage over whole earth and can be used for communication as well as meteorological monitoring.
Geosynchronous Equatorial Orbit (GTO) means an orbit whose perigee distance.
LEO satellite:
LEO satellite or Low Earth Orbit is a low-Earth orbit. It is a small satellite, usually of the order of 1 to 2 tons, which remains in orbit around the earth for a short period and then crashes into the surface. The LEO satellites are used by companies for various purposes such as communication and broadcasting services, weather monitoring services, etc.
Application Insights:
The navigation satellite segment dominated the global commercial satellite launch market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing demand for accurate and efficient space-based navigation systems that help in improving road transportation across various industries such as automotive, logistics and transport, aviation, marine services among others. Moreover, with the deployment of Global Navigation Satellite Systems (GNSS), a large area can be covered with accuracy which was not possible before owing to limitations of terrestrial technologies such as GPS and GLONASS.
The communication satellites accounted for 39.0% share in 2017 while Sun-synchronous satellites accounted for 11.0% share each in 2018 and 2019 respectively of the overall revenue due to growing demand from data communications applications such as Internet Protocol (IP) telephony over both domestic.
Regional Analysis:
North America dominated the global commercial satellite launch market in 2017, with over 60% of the total revenue share. The region will retain its dominant position throughout the forecast years on account of strong demand from U.S.-based companies for new satellites and ongoing launches. Moreover, growing military expenditure by countries such as the U.S., China and Russia is expected to drive industry growth over the next eight years.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing government investments in space technology development programs coupled with rising consumer demand for communication services across emerging economies such as India and China, thereby fueling industry expansion rates during this period from 2018 to 2030 The European Union has adopted a policy framework that supports EU-sponsored projects in GEO.
Growth Factors:
- Increasing demand for satellite-based services, such as telecommunications, television broadcasting, navigation, and earth observation is driving the growth of the commercial satellite launch market.
- The increasing number of small satellites being launched is also propelling the growth of this market.
- Growing investments in space exploration programs by governments worldwide are providing a fillip to the commercial satellite launch market.
- Proliferation of new launchers and reduction in costs are aiding in the growth of this market segmentation 5) The increasing use of reusable spacecraft is expected to fuel the growth prospects for this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Satellite Launch Market Research Report
By Type
GEO satellite, LEO satellite, Sun-synchronous satellite
By Application
Navigational satellite, Communication satellite, Reconnaissance satellite, Weather satellite, Remote sensing satellite
By Companies
Space Exploration Technologies Corp., Lockheed Martin Corporation, Boeing, Orbital ATK, Inc., Airbus S.A.S., Arianespace SA, Axelspace Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Satellite Launch Market Report Segments:
The global Commercial Satellite Launch market is segmented on the basis of:
Types
GEO satellite, LEO satellite, Sun-synchronous satellite
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Navigational satellite, Communication satellite, Reconnaissance satellite, Weather satellite, Remote sensing satellite
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Space Exploration Technologies Corp.
- Lockheed Martin Corporation
- Boeing
- Orbital ATK, Inc.
- Airbus S.A.S.
- Arianespace SA
- Axelspace Corporation
Highlights of The Commercial Satellite Launch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- GEO satellite
- LEO satellite
- Sun-synchronous satellite
- By Application:
- Navigational satellite
- Communication satellite
- Reconnaissance satellite
- Weather satellite
- Remote sensing satellite
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Satellite Launch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial satellite launch is a service that allows companies to send satellites into orbit. This service is typically used by businesses to send satellites into orbit for commercial purposes, such as providing telecommunications services or mapping data.
Some of the major players in the commercial satellite launch market are Space Exploration Technologies Corp., Lockheed Martin Corporation, Boeing, Orbital ATK, Inc., Airbus S.A.S., Arianespace SA, Axelspace Corporation.
The commercial satellite launch market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Satellite Launch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Satellite Launch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Satellite Launch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Satellite Launch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Satellite Launch Market Size & Forecast, 2018-2028
4.5.1 Commercial Satellite Launch Market Size and Y-o-Y Growth
4.5.2 Commercial Satellite Launch Market Absolute $ Opportunity
Chapter 5 Global Commercial Satellite Launch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Satellite Launch Market Size Forecast by Type
5.2.1 GEO satellite
5.2.2 LEO satellite
5.2.3 Sun-synchronous satellite
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Satellite Launch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Satellite Launch Market Size Forecast by Applications
6.2.1 Navigational satellite
6.2.2 Communication satellite
6.2.3 Reconnaissance satellite
6.2.4 Weather satellite
6.2.5 Remote sensing satellite
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Satellite Launch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Satellite Launch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Satellite Launch Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Satellite Launch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Satellite Launch Market Size Forecast by Type
9.6.1 GEO satellite
9.6.2 LEO satellite
9.6.3 Sun-synchronous satellite
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Satellite Launch Market Size Forecast by Applications
9.10.1 Navigational satellite
9.10.2 Communication satellite
9.10.3 Reconnaissance satellite
9.10.4 Weather satellite
9.10.5 Remote sensing satellite
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Satellite Launch Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Satellite Launch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Satellite Launch Market Size Forecast by Type
10.6.1 GEO satellite
10.6.2 LEO satellite
10.6.3 Sun-synchronous satellite
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Satellite Launch Market Size Forecast by Applications
10.10.1 Navigational satellite
10.10.2 Communication satellite
10.10.3 Reconnaissance satellite
10.10.4 Weather satellite
10.10.5 Remote sensing satellite
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Satellite Launch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Satellite Launch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Satellite Launch Market Size Forecast by Type
11.6.1 GEO satellite
11.6.2 LEO satellite
11.6.3 Sun-synchronous satellite
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Satellite Launch Market Size Forecast by Applications
11.10.1 Navigational satellite
11.10.2 Communication satellite
11.10.3 Reconnaissance satellite
11.10.4 Weather satellite
11.10.5 Remote sensing satellite
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Satellite Launch Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Satellite Launch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Satellite Launch Market Size Forecast by Type
12.6.1 GEO satellite
12.6.2 LEO satellite
12.6.3 Sun-synchronous satellite
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Satellite Launch Market Size Forecast by Applications
12.10.1 Navigational satellite
12.10.2 Communication satellite
12.10.3 Reconnaissance satellite
12.10.4 Weather satellite
12.10.5 Remote sensing satellite
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Satellite Launch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Satellite Launch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Satellite Launch Market Size Forecast by Type
13.6.1 GEO satellite
13.6.2 LEO satellite
13.6.3 Sun-synchronous satellite
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Satellite Launch Market Size Forecast by Applications
13.10.1 Navigational satellite
13.10.2 Communication satellite
13.10.3 Reconnaissance satellite
13.10.4 Weather satellite
13.10.5 Remote sensing satellite
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Satellite Launch Market: Competitive Dashboard
14.2 Global Commercial Satellite Launch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Space Exploration Technologies Corp.
14.3.2 Lockheed Martin Corporation
14.3.3 Boeing
14.3.4 Orbital ATK, Inc.
14.3.5 Airbus S.A.S.
14.3.6 Arianespace SA
14.3.7 Axelspace Corporation
