Press release
Space Launch Services Market Global Industry Historical Background, Industry Structure, Development, Demographics, Developing Factors
Get a Sample Report
https://www.fortunebusinessinsights.com/enquiry/sample/space-launch-services-market-101931
Segmentation
By payload, the market is segmented into satellite, stratollite, cargo, human spacecraft, and testing probes. As per orbit type, it is classified into GEO, beyond GEO, LEO, and MEO. Based on launch platform, it is categorized into land, air, and sea. As per vehicle type, it is bifurcated into medium-to-heavy lift launch vehicle and small lift launch vehicle. By end-user, it is divided into commercial and military & government. Geographically, it is clubbed into North America, Europe, Asia Pacific, and the Rest of the World.
Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
Driving Factors
Growing Space Programs to Enhance Industry Progress
Space launch services comprise a range of services designed to launch rockets that form satellites into space. Growing space programs are likely to enhance the demand for the product. Further, increasing research and development costs will foster the demand for such services. Moreover, rising partnerships and joint ventures are expected to enhance the demand for the services. In addition, strong demand for re-usable vehicles is expected to drive the space launch services market growth.
However, rising space debris is expected to hinder the market progress in the coming years.
Inquire Before Buying Report
https://www.fortunebusinessinsights.com/enquiry/queries/space-launch-services-market-101931
Regional Insights
Allocation of Budgets by Governments to Foster Market Progress in North America
North America is projected to dominate the space launch services market share due to the allocation of budgets by governments. The market size in 2021 stood at USD 4.84 billion in 2021 and is expected to grow considerably in the coming years. Further, the presence of major players such as SpaceX, Lockheed Martin, Blue Origin, and United Launch Alliance is expected to propel the industry growth.
In Asia Pacific, robust demand for surveillance, satellites, communication, and telecommunication may boost space launch services adoption. These factors may propel the industry progress in the coming years.
In Europe, the rising demand for advanced technology is expected to boost space launch services adoption. Moreover, the rising contracts by the European space agency are expected to enhance the industry progress.
Competitive Landscape
Prominent Players Participate in Space Launches to Enhance Brand Image
The prominent companies operating in the market participate in space launches to enhance their brand image. For example, Lockheed developed the Advanced Extremely High Frequency (AEHF-6) satellite and launched it from Cape Canaveral Air Force Station, Florida, U.S. The satellite detached from the United Launch Alliance Atlas V 551 in June 2020. This development may enable the company to enhance its sales and bolster its brand image. Further, the adoption of partnerships, mergers, acquisitions, and expansions is expected to enhance the market position.
Key Industry Development
July 2020- China Great Wall Industry Corporation launched APSTAR-6D Communications that uses LM-3B launch vehicles. It is the 12th communications satellite delivered by China Great Wall Industry Corporation (CGWIC).
Get a Customized Report
https://www.fortunebusinessinsights.com/enquiry/customization/space-launch-services-market-101931
List of Key Players Profiled in the Report
Antrix Corporation Limited (India)
ArianeGroup SAS (France)
Lockheed Martin Corporation (U.S.)
China Great Wall Industry Corporation (China)
United Launch Alliance (ULA) (U.S.)
Space International Services (U.S.)
Space Exploration Technologies Corp. (Space X) (U.S.)
Mitsubishi Heavy Industries, LTD. (Japan)
Northrop Grumman Systems Corporation (U.S.)
Eurockot Launch Service Provider (Germany)
Blue Origin Enterprises, L.P. (U.S.)
Spaceflight Industries (U.S.)
Address:
Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner -
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Space Launch Services Market Global Industry Historical Background, Industry Structure, Development, Demographics, Developing Factors here
News-ID: 2902410 • Views: 212
More Releases from Fortune Business Insights
Bottle Filling Machine Market to Exhibit a Remarkable CAGR of 3.2% by 2026 | Top …
Fortune Business Insights Published the Latest Bottle Filling Machine Market 2023 Study by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the Bottle Filling Machine Market study considers important factors such as an analysis of the market, a definition of the market, segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
The research provides…
Loaders Market to Exhibit a Remarkable CAGR of 4.2% by 2026 | Top Key Players: H …
Fortune Business Insights Published the Latest Loaders Market 2023 Study by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the Loaders Market study considers important factors such as an analysis of the market, a definition of the market, segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
The research provides an idea about various…
Forestry Equipment Market to Exhibit a Remarkable CAGR of 4.1% by 2026 | Top Key …
Fortune Business Insights Published the Latest Forestry Equipment Market 2023 Study by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the Forestry Equipment Market study considers important factors such as an analysis of the market, a definition of the market, segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
The research provides an idea…
Residential Filters Market to Exhibit a Remarkable CAGR of 7.7% by 2028 | Top Ke …
Fortune Business Insights Published the Latest Residential Filters Market 2023 Study by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the Residential Filters Market study considers important factors such as an analysis of the market, a definition of the market, segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
The research provides an idea…
More Releases for Space
Space Travel Market Analysis, Size, Trends, Growth, Forecast 2022-2028, Top Play …
Space Travel Market Scope & Overview
In-depth analyses of new product releases, market contributions, mergers, and partnerships over the anticipated time range are provided in Space Travel market study. The study also looks at the issues the global Space Travel market is having and gives a summary of the main drawbacks and positives of the market. The research includes market repercussions, with an emphasis on key elements and legal needs. The…
Space Tourism Market 2022: Analysis by Top Key Players - Virgin Galactic, SpaceX …
Space Tourism Market Scope and Overview 2022
This study provides a comprehensive examination of the global Space Tourism industry. The study includes all of the necessary data, which was gathered through extensive primary and secondary research. The market analysis includes data from segments such as type, industry, channel, and others; market volume and value are also included for each segment. The study also looks at major players and distributors in the…
Space and Space Station Robotics Market May Set New Growth Story | Made In Space …
HTF Market Intelligence released a new research Study of 86 pages on title 'Space and Space Station Robotics Market - Global Industry Analysis & Forecast US$ Million, 2019 – 2025' with in-depth analysis, forecast and business moves. The study covers key regions and important players such as Maxar Technologies, Motiv Space Systems, Altius Space Machines, Northrop Grumman, Honeybee Robotics, Astrobotic Technology, Made In Space, Inc., Effective Space Solutions Limited.
Request…
Space And Space Station Robotics Market 2020 Analysis and Precise Outlook -Maxar …
Global Space And Space Station Robotics Market Size, Status And Forecast 2020-2026
The report provides a unique tool for evaluating the Space And Space Station Robotics Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends to identify emerging technologies and…
Space Mining Market Outlook to 2025 - Asteroid Mining, China National Space Admi …
The "Global Space Mining Market Analysis to 2025" is a specialized and in-depth study of the space mining market with a focus on the global market trend. The report aims to provide an overview of global space mining market with detailed market segmentation by phase, type of asteroid, application and geography. The global space mining market is expected to witness high growth during the forecast period. The report provides key…
Space Mining Market Key Players: NASA, European Space Agency, Kleos Space
Global Space Mining Market: Overview
Space mining refers to the mining of asteroids and other minor planets for their valuable raw materials. Space technology is anticipated to enable the exploitation of the rich resources of the asteroids in the solar system and it is being developed by a variety of companies leading to the enlarged scope of the business over the coming years. Space mining is an exciting prospect for more…
