Press release
Space Launch Service Market to reach USD 31.71 Bn by 2029, emerging at a CAGR of 12.23 percent and forecast 2023-2029
Space Launch Service Market
Report Scope:
The report offers detailed analyses of the space launch service market, covering aspects such as launch platform analysis, types of orbits, end-users, and regions. It also highlights market trends, restraints, opportunities, and key players with their capabilities and capacities in the competitive landscape.
Research Methodology:
The report combines primary and secondary data sources and utilizes a bottom-up approach to gather and analyze data to estimate the total market size by region. Secondary sources include annual reports, investor presentations, financial statements, trade publications, and government sources. Primary interviews were conducted with key players, industry experts, and consultants across major regions, collecting data through surveys, emails, and telephonic interviews.
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Space Launch Service Market Dynamics:
Market Drivers:
The space launch service market is being driven by the transformation of the space industry and the rising interest in space tourism. Commercial businesses are recognizing the advantages of space systems for mobile satellite communications, broadcasting, high-speed data transfer, and commercial navigation. Emerging space activities such as in-space manufacturing, asteroid mining, and space-based solar power are also gaining significant private sector interest.
Market Restraints:
The proliferation of space debris poses a significant challenge to space exploration and satellite launches. Space debris, including discarded launch vehicles and spacecraft parts, presents collision risks with satellites and space stations, affecting spaceflight around Earth.
Space Launch Service Market Regional Insights:
The North American market offers substantial growth opportunities for space launch service providers, with increased demand for both small and heavy vehicles. A Pew Research Centre survey revealed that a majority of Americans believe it is essential for the U.S. to continue leading in space exploration, indicating a positive outlook for the space industry in the region.
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Space Launch Service Market Segmentation:
by Orbit Type
• GEO
• LEO
• MEO
by Vehicle Type
• Small lift
• Medium lift
• Heavy lift
• Super heavy lift
by Payload Analyses
• Satellite
• Startollite
• Cargo
• Human Spacecraft
• Testing probs
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Space Launch Service Market Key Players:
• Antrix Corporation (India)
• Arianespace (France)
• Boeing (US)
• China Great Wall Industry Corporation (China)
• EUROCKOT (Germany)
• ILS International (US)
• Lockheed Martin (US)
• Mitsubishi Heavy Industries (Japan)
• Orbital ATK (US), Space Exploration Technologies (US)
• Space International Services (Russia)
• Spaceflight (US)
• Starsem (France)
• United Launch Alliance (US).
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Table of content for the Space Launch Service Market includes:
1. Global Space Launch Service Market: Research Methodology
2. Global Space Launch Service Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Space Launch Service Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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