Press release
Space Launch Vehicle Services Market to Reach USD 18.0 Billion by 2030, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/3668/space-launch-vehicle-services-market.html
Market Statistics
• Market size (2024): USD 9.6 billion
• Forecast value (2030): USD 18.0 billion
• CAGR (2025-2030): 10.6%
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 8
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Payload Type:
• Satellite
• Space Probes
• Cargo Spacecraft
• Human Spacecraft
By Orbit Type:
• Low Earth Orbit (LEO)
• Medium Earth Orbit (MEO)
• Geostationary Orbit (GEO)
• Beyond GEO
By Service Type:
• Pre-Launch Services
• Post-Launch Services
By Launch Vehicle Type:
• Small-Lift Launch Vehicle
• Medium to Heavy-Lift Launch Vehicle
By Launch Type:
• Reusable Launch Vehicle
• Single-Use Launch Vehicle
By Purpose Type:
• Commercial
• Non-Commercial
By End-User Type:
• Private
• Government
By Region:
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segment Analysis
Within payload type, satellite services are both the dominant and fastest-growing segment as demand surges for Earth observation, navigation, and communication satellites. The expanding deployment of satellite constellations for global communications and scientific applications drives higher launch frequency and service requirements, highlighting opportunities for launch service providers to expand their payload handling and mission planning capabilities.
Under orbit type, Low Earth Orbit (LEO) is the dominant and fastest-growing segment due to its proximity to Earth, which enables lower launch costs and reduced transit times for increasingly prevalent small and medium satellites. The cost-efficiency and rapid revisit opportunities in LEO further drive demand for frequent launch missions, encouraging businesses to tailor services for optimized LEO access.
By service type, pre-launch services remain both the largest and fastest-growing segment, as activities such as mission planning, payload integration, system testing, and regulatory compliance become more complex with diversified mission profiles. As a result, launch service providers are expanding pre-launch consulting, integration, and simulation offerings to address these needs.
For launch vehicle type, medium to heavy-lift launch vehicles are the dominant and fastest-growing category, driven by their ability to accommodate larger or multiple payloads, including communication satellites and interplanetary mission components. The high payload capacities of these vehicles support a broad range of commercial and government missions, prompting strategic fleet enhancements by service operators.
Regional Insights
North America is the dominant region in the space launch vehicle services market, supported by established space agencies like NASA and a robust ecosystem of leading aerospace companies that drive innovation, mission frequency, and infrastructure capacity. These factors attract significant commercial and government launch activity, positioning the region as a strategic launch hub.
Asia-Pacific is the fastest-growing region, propelled by substantial investments in national and commercial space programmes in countries such as China and India, where expanding space initiatives and increasing satellite deployments are driving the need for launch vehicle services across civilian, scientific, and defence applications.
Market Drivers
• Rising satellite constellation deployments for communication, navigation, and Earth observation.
• Increased investments by governments and private players in space exploration missions.
• Advancements in reusable launch technologies that lower cost per launch.
• Surge in commercial space activities including space tourism and scientific payloads.
• Growing demand for reliable and specialized launch services across multiple orbit types.
Competitive Landscape
Top Companies in the Market
• Arianespace SA
• ASTRA
• China Aerospace Science and Technology Corporation
• Firefly Aerospace
• Japan Aerospace Exploration Agency
• Northrop Grumman Corporation
• Rocket Lab, Inc.
• S.P. Korolev Rocket and Space Corporation Energia
• SpaceX
• United Launch Alliance, LLC
FAQs
1. What is the space launch vehicle services market size forecast for 2030?
The market is expected to reach USD 18.0 billion by 2030.
2. What CAGR is the space launch vehicle services market projected to register during 2025-2030?
The market is forecast to grow at a CAGR of 10.6% between 2025 and 2030.
3. Which payload type segment dominates the space launch vehicle services market?
Satellite payloads are the dominant and fastest-growing type due to increasing satellite deployments.
4. Which orbit type leads demand in the space launch vehicle services market?
Low Earth Orbit (LEO) is the dominant and fastest-growing orbit segment.
5. Which region is anticipated to experience the fastest growth in the space launch vehicle services market?
Asia-Pacific is expected to be the fastest-growing region during the forecast period.
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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