Market Overview:
The global satellite manufacturing and launch system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for satellites for commercial and military applications. Additionally, the growing demand for small satellites is also contributing to the growth of this market. The satellite manufacturing segment is expected to grow at a CAGR of 6% from 2018 to 2030, while the launch systems segment is projected to grow at a CAGR of 4%. The commercial use segment is expected to dominate the global satellite manufacturing and launch system market with a share of more than 60%. North America dominates this market with a share of more than 35%, followed by Europe and Asia Pacific.
Product Definition:
A satellite manufacturing and launch system is a facility or set of facilities used to produce satellites and then launch them into orbit. Such a system is important because it allows for the deployment of satellites into space, which can be used for a variety of purposes, such as telecommunications, weather monitoring, navigation, and scientific research.
Satellite Manufacturing:
Satellite manufacturing is the process of making a satellite. It includes designing and building the satellite, launching it into space and then operating, maintaining & repairing it. The growth factor in this market is increasing demand for communication satellites due to growing telecommunication needs across the globe. Communication satellites are used for broadcasting programs, sending emails & internet services etc., globally which has led to an increase in demand over time resulting in higher adoption rate of these products worldwide.
Launch Systems:
Launch systems are used to propel satellites into space. There are various types of launch vehicles, which differ in size and capabilities. Some launch vehicles can carry heavy payloads; whereas some are capable of launching lightweight satellites with smaller instruments. The most common type is the rocket, which uses a gas-powered engine for propelling the satellite into space using a single stage or multistage vehicle as an upper stage.
Application Insights:
The commercial use segment held the largest market share of over 70% in 2017. The growth can be attributed to the growing demand for high-speed and reliable connectivity, which is fueling the expansion of communication and media industries. Moreover, increasing number of government contracts has fueled industry growth over the past few years.
The military and government application segment is expected to expand at a CAGR exceeding 8% from 2018 to 2030 owing to various applications such as communications, navigation & location tracking, intelligence gathering & surveillance among others. The need for global coverage has increased with an increase in inter-state conflicts leading to rise in military spending across countries including China Russia India Japan U.S.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing space activities in countries, such as India, Japan, and China. For instance, according to a 2016 white paper on space technology published by NASA Goddard Space Flight Center (GSFC), China was ranked as the third country with most active government programs related to spaceflight infrastructure development after Russia and U.S., which had launched a total of 1,869 satellites from 2003 through 2015.
Growth Factors:
- Increasing demand for satellite-based services, such as telecommunications, earth observation, and navigation
- Growing number of small satellites that need to be launched into low-earth orbit (LEO)
- Proliferation of CubeSats and other small satellites that can be built and launched quickly and at a lower cost
- Development of new launch vehicles that are more affordable and can carry heavier payloads
- Expansion of the global space industry, which is expected to grow at a compound annual growth rate (CAGR) of 7% from 2016 to 2020
Scope Of The Report
Report Attributes
Report Details
Report Title
Satellite Manufacturing and Launch System Market Research Report
By Type
Satellite Manufacturing, Launch Systems
By Application
Military and Government, Commercial Use
By Companies
Northrop Grumman, ArianeGroup, SpaceX, Boeing, Blue Origin, Lockheed Martin, SpaceQuest, Thales
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Satellite Manufacturing and Launch System Market Report Segments:
The global Satellite Manufacturing and Launch System market is segmented on the basis of:
Types
Satellite Manufacturing, Launch Systems
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
Military and Government, Commercial Use
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:
- Northrop Grumman
- ArianeGroup
- SpaceX
- Boeing
- Blue Origin
- Lockheed Martin
- SpaceQuest
- Thales
Highlights of The Satellite Manufacturing and Launch System 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:
- Satellite Manufacturing
- Launch Systems
- By Application:
- Military and Government
- Commercial Use
- 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 Satellite Manufacturing and Launch System 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?
A Satellite Manufacturing and Launch System (SMLS) is a type of space launch system used to send satellites into orbit.
Some of the major players in the satellite manufacturing and launch system market are Northrop Grumman, ArianeGroup, SpaceX, Boeing, Blue Origin, Lockheed Martin, SpaceQuest, Thales.
The satellite manufacturing and launch system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Size & Forecast, 2018-2028
4.5.1 Satellite Manufacturing and Launch System Market Size and Y-o-Y Growth
4.5.2 Satellite Manufacturing and Launch System Market Absolute $ Opportunity
Chapter 5 Global Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Size Forecast by Type
5.2.1 Satellite Manufacturing
5.2.2 Launch Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Size Forecast by Applications
6.2.1 Military and Government
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Analysis and Forecast
9.1 Introduction
9.2 North America Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Size Forecast by Type
9.6.1 Satellite Manufacturing
9.6.2 Launch Systems
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 Satellite Manufacturing and Launch System Market Size Forecast by Applications
9.10.1 Military and Government
9.10.2 Commercial Use
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 Satellite Manufacturing and Launch System Analysis and Forecast
10.1 Introduction
10.2 Europe Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Size Forecast by Type
10.6.1 Satellite Manufacturing
10.6.2 Launch Systems
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 Satellite Manufacturing and Launch System Market Size Forecast by Applications
10.10.1 Military and Government
10.10.2 Commercial Use
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 Satellite Manufacturing and Launch System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Size Forecast by Type
11.6.1 Satellite Manufacturing
11.6.2 Launch Systems
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 Satellite Manufacturing and Launch System Market Size Forecast by Applications
11.10.1 Military and Government
11.10.2 Commercial Use
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 Satellite Manufacturing and Launch System Analysis and Forecast
12.1 Introduction
12.2 Latin America Satellite Manufacturing and Launch System 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 Satellite Manufacturing and Launch System Market Size Forecast by Type
12.6.1 Satellite Manufacturing
12.6.2 Launch Systems
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 Satellite Manufacturing and Launch System Market Size Forecast by Applications
12.10.1 Military and Government
12.10.2 Commercial Use
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) Satellite Manufacturing and Launch System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Satellite Manufacturing and Launch System 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) Satellite Manufacturing and Launch System Market Size Forecast by Type
13.6.1 Satellite Manufacturing
13.6.2 Launch Systems
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) Satellite Manufacturing and Launch System Market Size Forecast by Applications
13.10.1 Military and Government
13.10.2 Commercial Use
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 Satellite Manufacturing and Launch System Market: Competitive Dashboard
14.2 Global Satellite Manufacturing and Launch System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Northrop Grumman
14.3.2 ArianeGroup
14.3.3 SpaceX
14.3.4 Boeing
14.3.5 Blue Origin
14.3.6 Lockheed Martin
14.3.7 SpaceQuest
14.3.8 Thales
