Space Launch Services Market Introduction and Overview
According to SPER Market Research, the Global Space Launch Services Market is estimated to reach USD 69.65 billion by 2033 with a CAGR of 15.33%.
The report includes an in-depth analysis of the global Space Launch Services market, including market size and trends, product mix, distribution channels, and supplier analysis. Space launch services refer to the commercial or governmental provision of launching payloads, such as satellites and spacecraft, into space using rockets or launch vehicles, facilitating communication, exploration, scientific research, and various other applications.
- Increasing Demand for Satellite Deployment: The growing demand for communication, Earth observation, remote sensing, and navigation satellites for both commercial and government applications is fuelling the need for frequent space launches.
- Exploration and Research Missions: Governments and space agencies worldwide are investing in space exploration missions, including lunar missions, Mars missions, and deep-space probes. These initiatives require regular space launch services to transport spacecraft to their intended destinations.
Market Opportunities and Challenges
The space industry is witnessing several trends driving the demand for space launch services. First, companies are planning mega-constellations of small satellites to offer global internet coverage, requiring multiple launches. Second, governments are investing in space capabilities for national security and defense purposes, increasing the need for launch services. Third, the rise of miniaturized satellites, like CubeSats and SmallSats, has led to a surge in small satellite missions, driving demand for rideshare launch services, accommodating multiple payloads in a single launch. These trends highlight the diverse and evolving requirements shaping the global space launch services market.
However, the space launch services industry faces significant challenges. Providers heavily depend on government contracts, making them vulnerable to budget constraints and changing priorities, affecting business stability. Launch range congestion is increasing as space launches rise, causing scheduling challenges and potential delays. Additionally, limited payload capacities in certain launch vehicles restrict their ability to accommodate larger satellites or multiple payloads, influencing mission efficiency and overall market competitiveness. Addressing these challenges requires adaptability, innovative solutions, and coordination to ensure the sustainable growth and success of the global space launch services market.
Market Competitive Landscape
The global Space Launch Services is characterized by high competition, with multiple players operating in the industry. The key players in the global Space Launch Services market include AIRBUS S.A.S, ANTRIX CORPORATION LIMITED, ARIANESPACE, CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION, LOCKHEED MARTIN CORPORATION, MITSUBISHI HEAVY INDUSTRIES (MHI), NORTHROP GRUMMAN CORPORATION, ROCKET LAB USA, SAFRAN SA, S7 SPACE, SPACE EXPLORATION TECHNOLOGIES CORP. (SpaceX), STARSEM, STATE SPACE CORPORATION ROSCOSMOS, THE BOEING CORPORATION, UNITED LAUNCH ALLIANCE and Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Payload, By Launch Platform, By Service Type, By Launch Vehicle, By Orbit, By End User
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Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
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Companies Covered | AIRBUS S.A.S, ANTRIX CORPORATION LIMITED, ARIANESPACE, CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION, LOCKHEED MARTIN CORPORATION, MITSUBISHI HEAVY INDUSTRIES (MHI), NORTHROP GRUMMAN CORPORATION, ROCKET LAB USA, SAFRAN SA, S7 SPACE, SPACE EXPLORATION TECHNOLOGIES CORP. (SpaceX), STARSEM, STATE SPACE CORPORATION ROSCOSMOS, THE BOEING CORPORATION, UNITED LAUNCH ALLIANCE and Others.
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COVID-19 Impact on Global Space Launch Services Market
The COVID-19 pandemic had several impacts on the space industry. Satellite manufacturers encountered difficulties in production and testing due to restrictions, potentially affecting satellite supply for launch. Government funding changes varied, with some increasing support for space programs and critical infrastructure, while others faced budget constraints. The shift to remote work and increased online activities during the pandemic led to a higher demand for satellite-based internet services and data communication solutions, reflecting the industry's adaptability to changing global needs and opportunities. These factors influenced the dynamics of the space launch services market and the broader satellite industry during the pandemic.
Key Target Audience:
- Commercial Space Companies
- Educational Institutions
- Government Space Agencies
- International Organizations
- Payload and Satellite Manufacturers
- Research and Scientific Institutions
- Satellite Operators
- Space Tourism Companies
- Telecommunication Companies
- Others
Our in-depth analysis of the Space Launch Services Market includes the following segments:
By Payload:
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Cargo
Human Spacecraft
Satellite
Stratollite
Testing Probes
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By Launch Platform:
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Air
Land
Sea
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By Service Type:
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Post-Launch
Pre-Launch
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By Launch Vehicle:
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Heavy launch vehicle
Small launch vehicle
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By Orbit:
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Beyond GEO
GEO
LEO
MEO
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Key Topics Covered in the Report:
- Global Space Launch Services Market Size (FY’2023-FY’2033)
- Overview of Global Space Launch Services Market
- Segmentation of Global Space Launch Services Market By Payload (Cargo, Human Spacecraft, Satellite, Stratollite, Testing Probes)
- Segmentation of Global Space Launch Services Market By Launch Platform (Air, Land, Sea)
- Segmentation of Global Space Launch Services Market By Service Type (Post-Launch, Pre-Launch)
- Segmentation of Global Space Launch Services Market By Launch Vehicle (Heavy launch vehicle, Small launch vehicle)
- Segmentation of Global Space Launch Services Market By Orbit (Beyond GEO, GEO, LEO, MEO)
- Segmentation of Global Space Launch Services Market By End User (Commercial, Government & Military)
- Statistical Snap of Global Space Launch Services Market
- Expansion Analysis of Global Space Launch Services Market
- Problems and Obstacles in Global Space Launch Services Market
- Competitive Landscape in the Global Space Launch Services Market
- Impact of COVID-19 and Demonetization on Global Space Launch Services Market
- Details on Current Investment in Global Space Launch Services Market
- Competitive Analysis of Global Space Launch Services Market
- Crucial Players in the Global Space Launch Services Market
- SWOT Analysis of Global Space Launch Services Market
- Global Space Launch Services Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Space Launch Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Space Launch Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Space Launch Services Market
7. Global Space Launch Services Market, By Payload (USD Million)
7.1. Global Space Launch Services Market Value Share and Forecast, By Payload, 2023-2033
7.2. Cargo
7.3. Human Spacecraft
7.4. Satellite
7.5. Stratollite
7.6. Testing Probes
8. Global Space Launch Services Market, By Launch Platform (USD Million)
8.1. Global Space Launch Services Market Value Share and Forecast, By Launch Platform, 2023-2033
8.2. Air
8.3. Land
8.4. Sea
9. Global Space Launch Services Market, By Service Type (USD Million)
9.1. Global Space Launch Services Market Value Share and Forecast, By Service Type, 2023-2033
9.2. Post-Launch
9.3. Pre-Launch
10. Global Space Launch Services Market, By Launch Vehicle (USD Million)
10.1. Global Space Launch Services Market Value Share and Forecast, By Launch Vehicle, 2023-2033
10.2. Heavy launch vehicle
10.3. Small launch vehicle
11. Global Space Launch Services Market, By Orbit (USD Million)
11.1. Global Space Launch Services Market Value Share and Forecast, By Orbit, 2023-2033
11.2. Beyond GEO
11.3. GEO
11.4. LEO
11.5. MEO
12. Global Space Launch Services Market, By End User (USD Million)
12.1. Global Space Launch Services Market Value Share and Forecast, By End User, 2023-2033
12.2. Commercial
12.3. Government & Military
13. Global Space Launch Services Market Forecast, 2019-2033 (USD Million)
13.1. Global Space Launch Services Market Size and Market Share
14. Global Space Launch Services Market, By Payload, 2019-2033 (USD Million)
14.1. Global Space Launch Services Market Size and Market Share By Payload (2019-2026)
14.2. Global Space Launch Services Market Size and Market Share By Payload (2027-2033)
15. Global Space Launch Services Market, By Launch Platform, 2019-2033 (USD Million)
15.1. Global Space Launch Services Market Size and Market Share By Launch Platform (2019-2026)
15.2. Global Space Launch Services Market Size and Market Share By Launch Platform (2027-2033)
16. Global Space Launch Services Market, By Service Type, 2019-2033 (USD Million)
16.1. Global Space Launch Services Market Size and Market Share By Service Type (2019-2026)
16.2. Global Space Launch Services Market Size and Market Share By Service Type (2027-2033)
17. Global Space Launch Services Market, By Launch Vehicle, 2019-2033 (USD Million)
17.1. Global Space Launch Services Market Size and Market Share By Launch Vehicle (2019-2026)
17.2. Global Space Launch Services Market Size and Market Share By Launch Vehicle (2027-2033)
18. Global Space Launch Services Market, By Orbit, 2019-2033 (USD Million)
18.1. Global Space Launch Services Market Size and Market Share By Orbit (2019-2026)
18.2. Global Space Launch Services Market Size and Market Share By Orbit (2027-2033)
19. Global Space Launch Services Market, By End User, 2019-2033 (USD Million)
19.1. Global Space Launch Services Market Size and Market Share By End User (2019-2026)
19.2. Global Space Launch Services Market Size and Market Share By End User (2027-2033)
20. Global Space Launch Services Market, By Region, 2019-2033 (USD Million)
20.1. Global Space Launch Services Market Size and Market Share By Region (2019-2026)
20.2. Global Space Launch Services Market Size and Market Share By Region (2027-2033)
20.3. Asia-Pacific
20.3.1. Australia
20.3.2. China
20.3.3. India
20.3.4. Japan
20.3.5. South Korea
20.3.6. Rest of Asia-Pacific
20.4. Europe
20.4.1. France
20.4.2. Germany
20.4.3. Italy
20.4.4. Spain
20.4.5. United Kingdom
20.4.6. Rest of Europe
20.5. Middle East and Africa
20.5.1. Kingdom of Saudi Arabia
20.5.2. United Arab Emirates
20.5.3. Rest of Middle East & Africa
20.6. North America
20.6.1. Canada
20.6.2. Mexico
20.6.3. United States
20.7. Latin America
20.7.1. Argentina
20.7.2. Brazil
20.7.3. Rest of Latin America
21. Company Profile
21.1. AIRBUS S.A.S
21.1.1. Company details
21.1.2. Financial outlook
21.1.3. Product summary
21.1.4. Recent developments
21.2. ANTRIX CORPORATION LIMITED
21.2.1. Company details
21.2.2. Financial outlook
21.2.3. Product summary
21.2.4. Recent developments
21.3. ARIANESPACE
21.3.1. Company details
21.3.2. Financial outlook
21.3.3. Product summary
21.3.4. Recent developments
21.4. CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION
21.4.1. Company details
21.4.2. Financial outlook
21.4.3. Product summary
21.4.4. Recent developments
21.5. LOCKHEED MARTIN CORPORATION
21.5.1. Company details
21.5.2. Financial outlook
21.5.3. Product summary
21.5.4. Recent developments
21.6. MITSUBISHI HEAVY INDUSTRIES (MHI)
21.6.1. Company details
21.6.2. Financial outlook
21.6.3. Product summary
21.6.4. Recent developments
21.7. NORTHROP GRUMMAN CORPORATION
21.7.1. Company details
21.7.2. Financial outlook
21.7.3. Product summary
21.7.4. Recent developments
21.8. ROCKET LAB USA
21.8.1. Company details
21.8.2. Financial outlook
21.8.3. Product summary
21.8.4. Recent developments
21.9. SAFRAN SA
21.9.1. Company details
21.9.2. Financial outlook
21.9.3. Product summary
21.9.4. Recent developments
21.10. S7 SPACE
21.10.1. Company details
21.10.2. Financial outlook
21.10.3. Product summary
21.10.4. Recent developments
21.11. SPACE EXPLORATION TECHNOLOGIES CORP. (SpaceX)
21.11.1. Company details
21.11.2. Financial outlook
21.11.3. Product summary
21.11.4. Recent developments
21.12. STARSEM
21.12.1. Company details
21.12.2. Financial outlook
21.12.3. Product summary
21.12.4. Recent developments
21.13. STATE SPACE CORPORATION ROSCOSMOS
21.13.1. Company details
21.13.2. Financial outlook
21.13.3. Product summary
21.13.4. Recent developments
21.14. THE BOEING CORPORATION
21.14.1. Company details
21.14.2. Financial outlook
21.14.3. Product summary
21.14.4. Recent developments
21.15. UNITED LAUNCH ALLIANCE
21.15.1. Company details
21.15.2. Financial outlook
21.15.3. Product summary
21.15.4. Recent developments
21.16. Others
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. Research Scope