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Space Travel Redefined: Introducing the Next Generation Reusable Launch Vehicle

07-27-2023 11:45 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Space Travel Redefined: Introducing the Next Generation

Allied Market Research recently published a report, titled, "Reusable Launch Vehicle Market by Vehicle Weight (Up to 4000 lbs, 4000 to 9000 lbs, Over 9000lbs), by Reusable Type (Partially Reusable, Fully Reusable), by Configuration (Single Stage, Multi Stage), by Application (Commercial, Defense), by Type (Orbital, Sub Orbital), by Landing Systems (Braking, Horizontal, Vertical, Others): Global Opportunity Analysis and Industry Forecast, 2025-2035." As per the report, the global reusable launch vehicle industry is estimated at $1.38 billion in 2025, and is set to reach $3.56 billion by 2035, growing at a CAGR of 10.3% from 2026 to 2035. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ- https://www.alliedmarketresearch.com/request-sample/11035

Drivers, Restraints, and Opportunities

The rise in space exploration activities witnessed in the private sector and a surge in government funding for space exploration missions drive the growth of the global reusable launch vehicle industry. However, the huge costs of manufacturing reusable rockets and high fuel emissions due to the rise in the number of space missions can curtail the growth of the global market. Nevertheless, the surge in space tourism and massive demand for satellite data is slated to generate new growth opportunities for the global industry in the foreseeable future.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ญ https://www.alliedmarketresearch.com/request-for-customization/11035

The partially reusable segment to dominate the global market in terms of revenue by 2035

Based on the reusable type, the partially reusable segment is set to contribute the highest market share in 2025, accounting for more than 90% of the global reusable launch vehicle market share. Reportedly, this segment is predicted to contribute majorly toward overall market share by 2035. The growth of the segment over the forecast period can be attributed to an increase in the development of the fully reusable launch vehicle to achieve cost-effective, reliable, and on-demand space access. However, the fully reusable segment is predicted to register the fastest CAGR of nearly 25.4% from 2025 to 2035. The segmental growth over the next ten years can be credited to the surge in the use of a partially reusable launch vehicle to significantly reduce launching costs.

The multi stage segment to dominate the global market in terms of revenue by 2035

On the basis of configuration, the multi stage segment is expected to contribute the highest market share in 2025, accounting for more than 90% of the global reusable launch vehicle market share. Reportedly, this segment is predicted to contribute majorly toward overall market share by 2035. The growth of the segment over the forecast period can be attributed to the surge in the advancement of multi-stage launch vehicle by various aerospace companies. However, the single stage segment is predicted to register the fastest CAGR of nearly 21.8% from 2025 to 2035. The segmental growth over the next ten years can be credited to an increase in demand for single stage launch vehicle due to its advantages such as reduced complexity.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/11035

The commercial segment to dominate the global market share by 2035

In terms of application, the commercial segment is predicted to contribute the highest market share in 2025, accounting for more than half of the global reusable launch vehicle market share. Reportedly, this segment is predicted to contribute majorly toward overall market share by 2035. The growth of the segment over the forecast period can be attributed to the rise in the use of orbital reusable launch vehicle to transport a spacecraft beyond Earth's atmosphere, either into orbit around Earth. However, the defense segment is predicted to register the fastest CAGR of nearly 11.0% from 2025 to 2035. The segmental growth over the next ten years can be credited to an increase in the use of sub orbital reusable launch vehicles for applications such as space tourism, commercial imaging, film & television.

Asia-Pacific to dominate the global market growth in 2035

By Region, Asia-Pacific is predicted to contribute notably in 2035. The region is slated to account for nearly two-fifths of the global reusable launch vehicle market in 2025. The growth of the market in the region over the forecast timespan can be attributed to the evolution of rocket manufacturing technologies which led to the development of cost and time-efficient reusable rockets. In addition, the Asia-Pacific region is anticipated to record the fastest CAGR of 12.5% from 2026 to 2035. The report analyzes other segments such as Europe, LAMEA, and North America.

Major market players

Ariane Group
Blue Origin
China Academy of Launch Vehicle Technology
European Space Agency
Galactic Energy
ISRO
I-space (Beijing Interstellar Glory Space Technology Co., Ltd.
LinkSpace Aerospace Technology, Group
National Aeronautics and Space Administration (NASA)
NPO-Energia (S.P. Korolev Rocket and Space Public Corporation)
Orbex
PLD Space
Relativity Space
Rocket Lab USA, Inc.
State Space Corporation
ROSCOSMOS
SpaceX
United Launch Alliance, LLC

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐€๐ž๐ซ๐จ๐ฌ๐ฉ๐š๐œ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

Space Launch Services Market- https://www.alliedmarketresearch.com/space-launch-services-market

Expendable Launch Vehicle Market- https://www.alliedmarketresearch.com/expendable-launch-vehicle-market-A10658

Satellite Manufacturing and Launch Systems Market- https://www.alliedmarketresearch.com/satellite-manufacturing-and-launch-systems-market-A11976

Spacecraft Market- https://www.alliedmarketresearch.com/spacecraft-market-A10721

Spaceplane Market- https://www.alliedmarketresearch.com/spaceplane-market-A10722

Contact:
David Correa
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+1-800-792-5285, +1-503-894-6022
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: http://www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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