Market Overview:
The global space launch market is expected to grow from USD 9.8 billion in 2018 to USD 23.9 billion by 2030, at a CAGR of 11.5% during the forecast period. The growth of the market can be attributed to the increasing demand for satellite-based services, rising investments in space exploration programs, and growing number of launches of small satellites. However, stringent government regulations and safety concerns may restrain the growth of this market during the forecast period. Based on type, the rocket launch segment is expected to hold a larger share of the global space launch market during the forecast period.
Product Definition:
Space Launch refers to the launch of a spacecraft from Earth into outer space. Spacecraft can be launched for a variety of reasons, including exploration, research, or commercial purposes.
Rocket Launch:
The global space launch market size was valued at USD 5.68 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for access to space, growing number of satellites, and low-cost launches are some factors that are anticipated to drive the growth of this industry over the forecast period.
The growing need for launching small payloads into orbit has led companies such as Arianespace.
Non-rocket Launch:
Non-rocket launch and it's usage in the space launch market is a new term which came into existence only recently. It was earlier used for Unmanned Aerial Vehicle (UAV) or any other vehicle which was launched without using any kind of rocket. However, with recent developments in the field of reusable rockets, this term has started to apply specifically to Space Launch Vehicles (SLVs).
Application Insights:
The others segment held the largest share of over 40.0% in 2017. The application segment includes weather and environment monitoring, satellite communications, space exploration, and others such as planetary probes & landers. The demand for satellites is increasing at a rapid pace owing to the growing need for global communication networks. Thus, launch vehicles are used to carry these satellites into orbit so that they can provide services across the globe.
The global commercial resupply mission to ISS is dominated by two companies; SpaceX and Orbital ATK with a significant amount of their payloads coming from international partners using European Space Agency-sponsored HLV Soyuz from Russia.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., which is at the forefront, holds a significant share owing to its well-established space industry and increasing investments for developing space technologies. Moreover, with an aim to reduce dependency on Russia for launching satellites into orbit, several companies are working toward development of new launch systems and vehicles.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rise in government initiatives pertaining to exploration of outer space and utilization of satellite technology for various applications such as earth observation, weather forecasting, communication etc.
Europe also held a considerable market share due high number of launches from Russian Cosmodrome Baikonur (Kazakhstan).
Growth Factors:
- Increasing demand for small satellites: The market for small satellites is expected to grow at a CAGR of over 20% from 2016 to 2021. This is primarily due to the increasing demand from government and commercial sectors for earth observation, communication, and navigation services.
- Proliferation of nanosatellites: Nanosatellites are becoming increasingly popular due to their low cost and fast turnaround time. They are finding applications in areas such as earth observation, communications, navigation, and scientific research. This is expected to drive the growth of the space launch market in the coming years.
- Development of reusable spacecraft: Reusable spacecraft can reduce the cost per launch by up to 90%. Several companies are currently working on developing reusable spacecraft technologies that can be used for manned or unmanned missions into space. This is likely to drive down the overall cost of launching payloads into space and boost the growth of the space launch market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Space Launch Market Research Report
By Type
Rocket Launch, Non-rocket Launch
By Application
Astronomy, Weather and Environment Monitoring, Satellite Communications, Space Exploratio, Others
By Companies
NASA, CASC, Arianespace, Antrix, Russian Aviation and Space Agency, Boeing, China Great Wall Industry, Eurockot, ILS International Launch Services, Lockheed Martin, Mitsubishi Heavy Industries, Northrop Grumman, Spacex, Space International Services, Spaceflight, Starsem, United Launch Services (ULS)
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Space Launch Market Report Segments:
The global Space Launch market is segmented on the basis of:
Types
Rocket Launch, Non-rocket Launch
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
Astronomy, Weather and Environment Monitoring, Satellite Communications, Space Exploratio, Others
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:
- NASA
- CASC
- Arianespace
- Antrix
- Russian Aviation and Space Agency
- Boeing
- China Great Wall Industry
- Eurockot
- ILS International Launch Services
- Lockheed Martin
- Mitsubishi Heavy Industries
- Northrop Grumman
- Spacex
- Space International Services
- Spaceflight
- Starsem
- United Launch Services (ULS)
Highlights of The Space 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:
- Rocket Launch
- Non-rocket Launch
- By Application:
- Astronomy
- Weather and Environment Monitoring
- Satellite Communications
- Space Exploratio
- Others
- 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 Space 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?
Space Launch is a company that provides launch services for satellites and other payloads into space.
Some of the major players in the space launch market are NASA, CASC, Arianespace, Antrix, Russian Aviation and Space Agency, Boeing, China Great Wall Industry, Eurockot, ILS International Launch Services, Lockheed Martin, Mitsubishi Heavy Industries, Northrop Grumman, Spacex, Space International Services, Spaceflight, Starsem, United Launch Services (ULS).
The space launch market is expected to register a CAGR of 11.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Space 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 Space Launch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Space 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 Space 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 Space Launch Market Size & Forecast, 2018-2028
4.5.1 Space Launch Market Size and Y-o-Y Growth
4.5.2 Space Launch Market Absolute $ Opportunity
Chapter 5 Global Space 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 Space Launch Market Size Forecast by Type
5.2.1 Rocket Launch
5.2.2 Non-rocket Launch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Space 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 Space Launch Market Size Forecast by Applications
6.2.1 Astronomy
6.2.2 Weather and Environment Monitoring
6.2.3 Satellite Communications
6.2.4 Space Exploratio
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Space 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 Space 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 Space Launch Analysis and Forecast
9.1 Introduction
9.2 North America Space 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 Space Launch Market Size Forecast by Type
9.6.1 Rocket Launch
9.6.2 Non-rocket Launch
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 Space Launch Market Size Forecast by Applications
9.10.1 Astronomy
9.10.2 Weather and Environment Monitoring
9.10.3 Satellite Communications
9.10.4 Space Exploratio
9.10.5 Others
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 Space Launch Analysis and Forecast
10.1 Introduction
10.2 Europe Space 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 Space Launch Market Size Forecast by Type
10.6.1 Rocket Launch
10.6.2 Non-rocket Launch
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 Space Launch Market Size Forecast by Applications
10.10.1 Astronomy
10.10.2 Weather and Environment Monitoring
10.10.3 Satellite Communications
10.10.4 Space Exploratio
10.10.5 Others
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 Space Launch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Space 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 Space Launch Market Size Forecast by Type
11.6.1 Rocket Launch
11.6.2 Non-rocket Launch
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 Space Launch Market Size Forecast by Applications
11.10.1 Astronomy
11.10.2 Weather and Environment Monitoring
11.10.3 Satellite Communications
11.10.4 Space Exploratio
11.10.5 Others
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 Space Launch Analysis and Forecast
12.1 Introduction
12.2 Latin America Space 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 Space Launch Market Size Forecast by Type
12.6.1 Rocket Launch
12.6.2 Non-rocket Launch
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 Space Launch Market Size Forecast by Applications
12.10.1 Astronomy
12.10.2 Weather and Environment Monitoring
12.10.3 Satellite Communications
12.10.4 Space Exploratio
12.10.5 Others
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) Space Launch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Space 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) Space Launch Market Size Forecast by Type
13.6.1 Rocket Launch
13.6.2 Non-rocket Launch
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) Space Launch Market Size Forecast by Applications
13.10.1 Astronomy
13.10.2 Weather and Environment Monitoring
13.10.3 Satellite Communications
13.10.4 Space Exploratio
13.10.5 Others
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 Space Launch Market: Competitive Dashboard
14.2 Global Space Launch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NASA
14.3.2 CASC
14.3.3 Arianespace
14.3.4 Antrix
14.3.5 Russian Aviation and Space Agency
14.3.6 Boeing
14.3.7 China Great Wall Industry
14.3.8 Eurockot
14.3.9 ILS International Launch Services
14.3.10 Lockheed Martin
14.3.11 Mitsubishi Heavy Industries
14.3.12 Northrop Grumman
14.3.13 Spacex
14.3.14 Space International Services
14.3.15 Spaceflight
14.3.16 Starsem
14.3.17 United Launch Services (ULS)
