Dublin, Sept. 19, 2023 (GLOBE NEWSWIRE) -- The "Global Space Launch Services Market (2023-2028) by Launch Platform, Vehicle Size, Orbit, Payload, Service, End-Users, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Space Launch Services Market is estimated to be USD 16.32 Bn in 2023 and is expected to reach USD 33.37 Bn by 2028, growing at a CAGR of 15.38%.
The Space Launch Services report provides a comprehensive analysis of the market's competitive landscape, offering valuable insights into the financial performance of publicly listed companies such as Astrogate Labs Pvt. Ltd., Astroscale, Blue Origin, LLC, Boeing Co., and China Great Wall Industry Corp.
This detailed examination extends to recent developments and the competitive scenario among these industry players. The report delves into key drivers fueling market growth, including the increasing deployment of small satellites driven by technological advancements and the growing demand for cost-effective space solutions.
Moreover, it highlights how the expanding applications and services of satellites, coupled with substantial investments in space exploration missions, are propelling the space launch services sector forward. However, the report also underscores challenges like the rising volume of space debris and stringent regulatory frameworks, which pose hurdles to the industry's progress.
Additionally, it explores promising opportunities such as ground station network expansion, the burgeoning space tourism industry, and the imperative to enhance satellite capacity and related infrastructure. Despite these opportunities, challenges persist, notably interoperability issues and the absence of dedicated small satellite launch vehicles, emphasizing the need for innovative solutions.
Furthermore, the report employs the Ansoff Matrix to provide strategic insights for the global space launch services market, aiding companies in evaluating growth strategies and assessing associated risks.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Space Launch Services Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Market Segmentations
- By Launch Platform, the market is classified into Air, Land, and Sea.
- By Vehicle Size, the market is classified into Heavy Vehicles and Small Lift Launch Vehicles.
- By Orbit, the market is classified into Beyond Geosynchronous Orbit, Geosynchronous Orbit, Low Earth Orbit, and Medium Earth Orbit.
- By Payload, the market is classified into Large Satellite, Medium Satellite, Small Satellite, and Others.
- By Service, the market is classified into Post Launch Service, Pre Launch Service, and Data & Telemetry Support.
- By End-Users, the market is classified into Defense, Private Companies, Satellite Services Providers, and Space Agencies.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 205 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $16.32 Billion |
| Forecasted Market Value (USD) by 2028 | $33.37 Billion |
| Compound Annual Growth Rate | 15.3% |
| Regions Covered | Global |
Market Dynamics
Drivers
- Increase In Small Satellite Deployments
- Increasing Applications and Services of Satellites
- Increasing Investment in Space Exploration Mission
Restraints
- Rising Volume of Space Debris
- Stringent Regulations
Opportunities
- Increasing Ground Station Network as a Service for Next-Generation Satellites
- Space Tourism
- Expand Satellite Capacity and Related Infrastructure
Challenges
- Interoperability Issues
- Absence of A Dedicated Small Satellite Launch Vehicle
Competitive Landscape
- Competitive Quadrant
- Market Share Analysis
- Strategic Initiatives
- M&A and Investments
- Partnerships and Collaborations
- Product Developments
Company Profiles
- Antrix Corp. Ltd.
- Arianespace SA
- Astrogate Labs Pvt. Ltd.
- Astroscale
- Blue Origin, LLC
- Boeing Co.
- China Great Wall Industry Corp.
- Dhruva Space
- International Launch Services
- ISC Kosmotras
- ISRO
- Japan Aerospace Exploration Agency
- Lockheed Martin Corp.
- Maxar Space
- Mitsubishi Heavy Industries Ltd.
- NASA
- Oxford Space Systems Seradata
- Raytheon Company
- Sierra Nevada Corp.
- Skyrora
- Spaceflight
- SpaceX
- Starsem
- United Launch Alliance, LLC
For more information about this report visit https://www.researchandmarkets.com/r/kizf0
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