Satellite Launch Vehicle Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Satellite Launch Vehicle Market Size- By Vehicle, By Payload, By Orbit, By Launch, By Stage, By Subsystem- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: AERO2413 | Pages: 1 - 233 | Formats*: |
| Category : Aerospace and Defence | |||
Satellite Launch Vehicle Market Introduction and Overview
According to SPER Market Research, the Global Satellite Launch Vehicle Market is estimated to reach USD 70.37 billion by 2033 with a CAGR of 15.31%.
The report includes an in-depth analysis of the Global Satellite Launch Vehicle Market, including market size and trends, product mix, applications, and supplier analysis. Satellite launch vehicles are designed to place satellites in specific orbits. A rocket-powered launch vehicle propels a spacecraft above Earth's atmosphere into orbit around Earth or to another location in deep space. Unmanned space probes, crewed spacecraft, and satellites have all been launched aboard launch vehicles. Satellites are currently launched into orbit via massive launch vehicles. These vehicles may carry payloads weighing thousands of kilos, requiring a significant velocity change to reach orbit. Furthermore, there is a growing demand for commercial and satellite networks, as well as security application services. As a result, additional satellites have been launched for various reasons, including as scientific research, earth observation, military surveillance, communication, and navigation. This has increased demand in the satellite launch vehicle market.
- March 2023; ISRO deployed 36 communication satellites of Oneweb aboard its LVM3 rocket into LEO.
- August 2022; The Atlas V rocket launched from the Cape Canaveral Space Force Station, carrying SBIRS GEO-6, which was constructed by Lockheed Martin for the US Air Force.
Market Opportunities and Challenges
Over the last few years, space companies have begun to produce low-cost small/miniaturized satellites, allowing them to provide services comparable to major companies that traditionally serve government agencies or public sector enterprises. One of the causes driving the satellite industry's growth is the increased use of tiny satellites for purposes such as Earth observation, communication, and scientific research, as well as the growing emphasis on lowering total mission costs. Small satellites are transported as secondary payloads and do not require separate launch vehicles. Furthermore, tiny satellite missions are constrained as secondary payloads due to a lack of control over the vehicle's launch schedule and destination orbit.
This is owing to limits on the volume and pressure of the stored propellant, which are largely for the protection of the primary payload, as well as the need for antenna systems for primary payloads, which may limit the launch of tiny satellite payloads into more suited or advantageous mission orbits. Furthermore, the primary payload may require a pre-programmed orbital velocity and placement in a specific orbit, which limits launch windows for tiny satellite missions. This also limits the ability of tiny satellites to meet mission requirements in some applications.
Market Competitive Landscape
The market is very competitive, with participation from both the public and private sectors. The market is characterized by fierce rivalry, technical developments, and an emphasis on innovation. The privately-owned portion of the market includes a wide range of businesses, including start-ups and established aerospace corporations from other industries. These firms produce and launch satellites for commercial and scientific uses, such as Earth observation, remote sensing, and communication. The major players in the Global Satellite Launch Vehicle Market include: SpaceX, Arianespace, United Launch Alliance, Roscosmos, Blue Origin, China Aerospace Science and Technology Corporation, Mitsubishi Heavy Industries, Indian Space Research Organisation, Eurockot Launch Services & Virgin Orbit.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Vehicle, By Payload, By Orbit, By Launch, By Stage, By Subsystem |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | SpaceX, Arianespace, United Launch Alliance, Roscosmos, Blue Origin, China Aerospace Science and Technology Corporation, Mitsubishi Heavy Industries, Indian Space Research Organisation, Eurockot Launch Services & Virgin Orbit. |
COVID-19 Impact on Global Satellite Launch Vehicle Market
The COVID-19 epidemic had a substantial impact on many businesses, including the satellite launch vehicle (SLV) market. Lockdowns, limitations, and closures of manufacturing sites around the world disrupted supply chains, causing production delays of components and materials required for SLVs, which delayed the assembly and testing of new launch vehicles. Social distancing techniques and distant work arrangements impacted worker availability in the aerospace industry. The necessity to follow safety rules hindered production processes and created difficulties in managing complicated projects.
Key Target Audience:
- Educational Institutions
- Government Agencies
- Investors
- Manufacturers
- Media
- Military
- Regulatory Bodies
- Research Institutions
- Satellite Operators
- Space Exploration Companies
Our in-depth analysis of the Satellite Launch Vehicle Market includes the following segments:
| By Vehicle: |
|
| By Payload: |
|
| By Orbit: |
|
| By Launch: |
|
| By Stage: |
|
| By Subsystem: |
|
Key Topics Covered in the Report:
- Global Satellite Launch Vehicle Market Size (FY’2024-FY’2033)
- Overview of Global Satellite Launch Vehicle Market
- Segmentation of Global Satellite Launch Vehicle Market By Vehicle (Small <350,000 kg, Medium to Heavy >350,000 kg)
- Segmentation of Global Satellite Launch Vehicle Market By Payload(<500 kg, 500-2,500kg, >2500 kg)
- Segmentation of Global Satellite Launch Vehicle Market By Orbit(Low Earth Orbit (LOE), Medium Earth Orbit(MEO), Geostationary Orbit (GEO))
- Segmentation of Global Satellite Launch Vehicle Market By Launch (Single – use/Expendable, Reusable)
- Segmentation of Global Satellite Launch Vehicle Market By Stage(Single Stage, Two Stage, Three Stage)
- Segmentation of Global Satellite Launch Vehicle Market By Subsystem(Structure, Guidance, Navigation & Control System, Propulsion Systems, Telemetry, Tracking & Command Systems, Electrical, Separation Systems)
- Statistical Snap of Global Satellite Launch Vehicle Market
- Expansion Analysis of Global Satellite Launch Vehicle Market
- Problems and Obstacles in Global Satellite Launch Vehicle Market
- Competitive Landscape in the Global Satellite Launch Vehicle Market
- Impact of COVID-19 and Demonetization on Global Satellite Launch Vehicle Market
- Details on Current Investment in Global Satellite Launch Vehicle Market
- Competitive Analysis of Global Satellite Launch Vehicle Market
- Prominent Players in the Global Satellite Launch Vehicle Market
- SWOT Analysis of Global Satellite Launch Vehicle Market
- Global Satellite Launch Vehicle Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Satellite Launch Vehicle Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Satellite Launch Vehicle Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Satellite Launch Vehicle Market
7. Global Satellite Launch Vehicle Market, By Vehicle (USD Million)
7.1. Global Satellite Launch Vehicle Market Value Share and Forecast, By Vehicle, 2024-20337.2. Small <350,000 kg7.3. Medium to Heavy >350,000 kg
8. Global Satellite Launch Vehicle Market, By Payload (USD Million)
8.1. Global Satellite Launch Vehicle Market Value Share and Forecast, By Payload, 2024-20338.2. <500 kg8.3. 500-2,500kg8.4. >2500 kg
9. Global Satellite Launch Vehicle Market, By Orbit (USD Million)
9.1. Global Satellite Launch Vehicle Market Value Share and Forecast, By Orbit, 2024-20339.2. Low Earth Orbit (LOE)9.3. Medium Earth Orbit(MEO)9.4. Geostationary Orbit (GEO)
10. Global Satellite Launch Vehicle Market, By Launch (USD Million)
10.1. Global Satellite Launch Vehicle Market Value Share and Forecast, By Launch, 2024-203310.2. Single – use/Expendable10.3. Reusable
11. Global Satellite Launch Vehicle Market, By Stage (USD Million)
11.1. Global Satellite Launch Vehicle Market Value Share and Forecast, By Stage, 2024-203311.2. Single Stage11.3. Two Stage11.4. Three Stage
12. Global Satellite Launch Vehicle Market, By Subsystem (USD Million)
12.1. Global Satellite Launch Vehicle Market Value Share and Forecast, By Subsystem, 2024-203312.2. Structure12.3. Guidance12.4. Navigation & Control System12.5. Propulsion Systems12.6. Telemetry12.7. Tracking & Command Systems12.8. Electrical12.9. Separation Systems
13. Global Satellite Launch Vehicle Market Forecast, 2020-2033 (USD Million)
13.1. Global Satellite Launch Vehicle Market Size and Market Share
14. Global Satellite Launch Vehicle Market, By Vehicle 2020-2033 (USD Million)
14.1. Global Satellite Launch Vehicle Market Size and Market Share By Vehicle (2020-2026)14.2. Global Satellite Launch Vehicle Market Size and Market Share By Vehicle (2027-2033)
15. Global Satellite Launch Vehicle Market, By Payload, 2020-2033 (USD Million)
15.1. Global Satellite Launch Vehicle Market Size and Market Share By Payload (2020-2026)15.2. Global Satellite Launch Vehicle Market Size and Market Share By Payload (2027-2033)
16. Global Satellite Launch Vehicle Market, By Orbit, 2020-2033 (USD Million)
16.1. Global Satellite Launch Vehicle Market Size and Market Share By Orbit (2020-2026)16.2. Global Satellite Launch Vehicle Market Size and Market Share By Orbit (2027-2033)
17. Global Satellite Launch Vehicle Market, By Launch, 2020-2033 (USD Million)
17.1. Global Satellite Launch Vehicle Market Size and Market Share By Launch (2020-2026)17.2. Global Satellite Launch Vehicle Market Size and Market Share By Launch (2027-2033)
18. Global Satellite Launch Vehicle Market, By Stage, 2020-2033 (USD Million)
18.1. Global Satellite Launch Vehicle Market Size and Market Share By Stage (2020-2026)18.2. Global Satellite Launch Vehicle Market Size and Market Share By Stage (2027-2033)
19. Global Satellite Launch Vehicle Market, By Subsystem , 2020-2033 (USD Million)
19.1. Global Satellite Launch Vehicle Market Size and Market Share By Subsystem (2020-2026)19.2. Global Satellite Launch Vehicle Market Size and Market Share By Subsystem (2027-2033)
20. Global Satellite Launch Vehicle Market, By Region, 2020-2033 (USD Million)
20.1. Global Satellite Launch Vehicle Market Size and Market Share By Region (2020-2026)20.2. Global Satellite Launch Vehicle Market Size and Market Share By Region (2027-2033)
20.3. Asia-Pacific20.3.1. Australia20.3.2. China20.3.3. India20.3.4. Japan20.3.5. South Korea20.3.6. Rest of Asia-Pacific20.4. Europe20.4.1. France20.4.2. Germany20.4.3. Italy20.4.4. Spain20.4.5. United Kingdom20.4.6. Rest of Europe20.5. Middle East and Africa20.5.1. Kingdom of Saudi Arabia20.5.2. United Arab Emirates20.5.3. Rest of Middle East & Africa20.6. North America20.6.1. Canada20.6.2. Mexico20.6.3. United States20.7. Latin America20.7.1. Argentina20.7.2. Brazil20.7.3. Rest of Latin America
21. Company Profile
21.1. Arianespace21.1.1. Company details21.1.2. Financial outlook21.1.3. Product summary21.1.4. Recent developments21.2. Blue Origin21.2.1. Company details21.2.2. Financial outlook21.2.3. Product summary21.2.4. Recent developments21.3. China Aerospace Science and Technology Corporation21.3.1. Company details21.3.2. Financial outlook21.3.3. Product summary21.3.4. Recent developments21.4. Eurockot Launch Services21.4.1. Company details21.4.2. Financial outlook21.4.3. Product summary21.4.4. Recent developments21.5. Indian Space Research Organisation21.5.1. Company details21.5.2. Financial outlook21.5.3. Product summary21.5.4. Recent developments21.6. Mitsubishi Heavy Industries21.6.1. Company details21.6.2. Financial outlook21.6.3. Product summary21.6.4. Recent developments21.7. Roscosmos21.7.1. Company details21.7.2. Financial outlook21.7.3. Product summary21.7.4. Recent developments21.8. SpaceX21.8.1. Company details21.8.2. Financial outlook21.8.3. Product summary21.8.4. Recent developments21.9. United Launch Alliance21.9.1. Company details21.9.2. Financial outlook21.9.3. Product summary21.9.4. Recent developments21.10. Virgin Orbit21.10.1. Company details21.10.2. Financial outlook21.10.3. Product summary21.10.4. Recent developments21.11. Others
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Satellite Launch Vehicle Market is projected to reach USD 70.37 billion by 2033, growing at a CAGR of 15.31% during the forecast period.
Satellite Launch Vehicle Market grew in Market size from 2022. The Market is expected to reach USD 70.37 billion by 2033, at a CAGR of 15.31% during the forecast period.
Satellite Launch Vehicle Market CAGR of 15.31% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Satellite Launch Vehicle Market size is USD 70.37 billion from 2024 to 2033.
Satellite Launch Vehicle Market Segment is covered By Vehicle, By Payload, By Orbit, By Launch, By Stage, By Subsystem.
The North America is anticipated to have the highest Market share in the Satellite Launch Vehicle Market.
The key players in the Market include Companies Covered SpaceX, Arianespace, United Launch Alliance, Roscosmos, Blue Origin, China Aerospace Science and Technology Corporation, Mitsubishi Heavy Industries.
A rocket-powered launch vehicle propels a spacecraft above Earth's atmosphere into orbit around Earth or to another location in deep space.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
