Commercial Satellite Launch Service Market Continues Growth | 2018 Key Players are Lockheed Martin, Airbus, Arianespace, Axelspace, Boeing, Orbital ATK, Space Exploration Technologies

Market Overview:-

Commercial Satellite Launch Service Market to surpass USD 7 billion by 2024; according to a new research report by Global Market Insights, Inc.

Increasing usage of communication data-based services and GPS systems is driving the commercial satellite launch service market size over the forecast period. These services are adopted by various sectors such as Automotive, Electronics, Military, IT, among others. Increasing number of vehicles integrated with built-in navigation units will contribute majorly for launching additional satellites. Additionally, Oil & Gas companies across the globe uses vehicle tracking systems for their official vehicles and tankers to locate their vehicles and maintain transparency.

Sample Copy Of This Report @ https://www.gminsights.com/request-sample/detail/2600

Usage of smart devices and services for personal use such as Smart TVs, online streaming services, etc. accelerates the financial investments. High demand for weather forecasting software is witnessed such as AccuWeather, The Weather Channel, Yahoo Weather, Google Weather, etc. Schools and colleges across the globe are introducing new smart classes initiatives. Rising penetration of mobile phones internet usage across the globe owing to next generation 4G/LTE networks with attractive data plans is driving the wireless technology. Due to proliferating usage of these applications across the globe additional number of satellites will be required. This in turn will escalate the revenue generation of the commercial satellite launch service market.

Commercial satellite launch service Market, By Application

• Navigation
• Communication
• Reconnaissance
• Weather forecasting
• Remote sensing

Top Key Players:-

• Ariane Group
• GK Launch Services
• Lockheed Martin
• United Launch Alliance
• Commercial Space Technologies Ltd.
• ISRO
• NASA
• Antrix Corporation Limited
• COSMOS International
• Sea Launch
• Boeing
• Orbital Sciences Corporation
• SpaceX
• Eurockot Launch Services
• Mitsubishi Heavy Industries Launch Services

Regional Segmentations:-

North America was worth more than USD 2 billion in 2017 and is anticipated to dominate the commercial satellite launch service market share. This can be credited to robust infrastructure available in the region for developing new space programs by organizations such as NASA and SpaceX. Increasing number of navigation and communication satellites for locating destinations and data usage is significantly contributing towards regional growth of the commercial satellite launch service market.

Make an inquiry before buying this report @ https://www.gminsights.com/inquiry-before-buying/2600

Major Points of Table Of Content:-

3. Commercial Satellite Launch Service Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Component Suppliers
3.3.2. Service providers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Pricing analysis
3.4.1. By region
3.4.1.1. NA
3.4.1.2. Europe
3.4.1.3. APAC
3.4.1.4. ROW
3.4.2. Cost structure analysis
3.5. Technology landscape
3.6. Regulatory landscape
3.6.1. NA
3.6.2. Europe
3.6.3. APAC
3.6.4. ROW
3.7. Global space economy overview
3.8. Global existing and proposed orbital launch sites
3.9. Development in micro launchers
3.10. Industry impact forces
3.10.1. Growth drivers
3.10.1.1. North America
3.10.1.2. Europe
3.10.1.3. Asia Pacific
3.10.1.4. RoW
3.10.2. Industry pitfalls & challenges
3.10.2.1. High launch prices
3.10.2.2. High investments
3.11. Innovation & sustainability
3.12. Growth potential analysis, 2017
3.13. Porter's analysis
3.14. Competitive landscape, 2017
3.14.1. Company market share analysis, 2017
3.14.2. Strategy dashboard
3.15. PESTEL analysis

Browse Full Report @ https://www.gminsights.com/industry-analysis/commercial-satellite-launch-service-market

The European Space Agency (ESA) is exploring alternatives to introduce micro launchers for various applications such as education, technology demonstration, telecoms, and earth observation. With this ESA aims to target companies with small satellites focusing on various mobile applications. However, the prohibitive cost of commercial satellite launch services is hindering the industry growth. Moreover, the lack of proper commercial satellite launch facilities, quality control, launch problems, supply chain issues may negatively impact the industry size. However, with the growing demand for satellites, prices are expected to decline, resulting in strengthening of the commercial satellite launch service market size.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Auto Blog: http://freeautomotivenews.com/
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.