Press release
Satellite Manufacturing and Launch Vehicle Market to Reach USD 69.68 billion by 2031, Driven by Small Satellite Demand and Commercial Launch Services - Mordor Intelligence
The satellite manufacturing and launch vehicle market was valued at USD 41.50 billion in 2025 and estimated to grow from USD 45.24 billion in 2026 to reach USD 69.68 billion by 2031, at a CAGR of 9.02% during the forecast period (2026-2031), reflecting stable satellite manufacturing and launch vehicle market growth during the forecast period. This outlook highlights the growing reliance on satellites for connectivity, security, climate monitoring, and commercial services, along with the rising need for reliable launch systems.
Report Overview:
https://www.mordorintelligence.com/industry-reports/satellite-manufacturing-and-launch-systems-market?utm_source=openpr
Key Market Trends
Shift Toward Small Satellites: Satellite operators are increasingly adopting compact and standardized satellite platforms that enable faster manufacturing cycles and reduced mission costs. This trend supports the rapid deployment of large satellite constellations for communication and earth observation applications.
Growth of Commercial Launch Providers: Private launch service companies are expanding their role by offering both dedicated and rideshare launch options. This has improved access to space for new entrants while increasing launch frequency and scheduling flexibility.
Continued Government Investment and Partnerships: Government space programs remain a key demand driver through investments in defense, navigation, and scientific satellite missions. Public-private collaborations are becoming more common, helping optimize mission planning and execution.
Adoption of Reusable Launch Technologies: Launch vehicle developers are gradually integrating reusable components to control operational costs and improve launch turnaround times, making space missions more economically sustainable.
Check out more details and localized insights in the Japanese version:
https://www.mordorintelligence.com/ja/industry-reports/satellite-manufacturing-and-launch-systems-market?utm_source=openpr
Market Segmentation
By Application
-Communication
-Earth Observation
-Navigation
-Space Observation
-Others
By Satellite Mass
-Below 10 kg
-10 - 100 kg
-100 - 500 kg
-500 - 1,000 kg
-Above 1,000 kg
By Orbit Class
-LEO (Low Earth Orbit)
-MEO (Medium Earth Orbit)
-GEO (Geostationary Earth Orbit)
By Launch-Vehicle MTOW (Maximum Take-Off Weight)
-Light
-Medium
-Heavy
By End-User
-Commercial
-Military and Government
-Other
By Satellite Subsystem
-Propulsion Hardware and Propellant
-Satellite Bus and Sub-systems
-Solar Array and Power Hardware
-Structures, Harness and Mechanisms
By Propulsion Technology
-Electric
-Liquid Fuel
-Gas-based/Hybrid
By Geography
-North America
-South America
-Middle east Africa
-Europe
-Asia pacific
Explore our full library of Aerospace & Defense industry research reports:
https://www.mordorintelligence.com/market-analysis/aerospace-defense?utm_source=openpr
Key Players
Airbus SE
China Aerospace Science and Technology Corporation (CASC)
Space Exploration Technologies Corp.
The Boeing Company
Northrop Grumman Corporation
Conclusion
The satellite manufacturing and launch vehicle market remains an essential part of the global space economy, serving a wide range of civil, commercial, and defense needs. Market dynamics are shaped by increasing satellite deployments, expanding commercial launch services, and steady government involvement.
For complete market coverage and insights, visit the Mordor Intelligence report page:
https://www.mordorintelligence.com/industry-reports/satellite-manufacturing-and-launch-systems-market?utm_source=openpr
Industry Related Reports:
North America Satellite Launch Vehicle Market: The North America Satellite Launch Vehicle Market is segmented by Orbit Class (GEO, LEO, MEO), by Launch Vehicle Mtow (Heavy, Light, Medium) and by Country (United States). Market Value in USD is presented. Key Data Points observed include spending on space programs in USD by region; and, the count of satellite launches by satellite launch mass.
Get more Insights: https://www.mordorintelligence.com/industry-reports/north-america-satellite-launch-vehicle-market?utm_source=openpr
Satellite Manufacturing Market : The Satellite Manufacturing Market report segments the industry into Application (Communication, Earth Observation, Navigation, and more), Satellite Mass (10-100kg, 100-500kg, and more), Orbit Class (GEO, LEO, and more), End User (Commercial, Military & Government, and more), Satellite Subsystem (Propulsion Hardware and Propellant, and more), Propulsion Tech (Electric, and more), and Region (Asia-Pacific, and more).
Get more Insights: https://www.mordorintelligence.com/industry-reports/global-satellite-manufacturing-market?utm_source=openpr
Europe Satellite Manufacturing Market : The Europe Satellite Manufacturing Market report segments the industry into Application (Communication, Earth Observation, Navigation, Space Observation, Others), Satellite Mass (10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg), Orbit Class (GEO, LEO, MEO), End User (Commercial, Military & Government, Other), Satellite Subsystem, Propulsion Tech, and Country.
Get more Insights: https://www.mordorintelligence.com/industry-reports/europe-satellite-manufacturing-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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