Space Launch Services Market Growth, Size, Trends, Revenue, Share, Challenges and Future Outlook

Space Launch Services Market Size- By Payload, By Launch Platform, By Service Type, By Launch Vehicle, By Orbit, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Space Launch Services Market Size- By Payload, By Launch Platform, By Service Type, By Launch Vehicle, By Orbit, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Aug 2023 Report ID: AERO2325 Pages: 1 - 234 Formats*:     
Category : Aerospace and Defence
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.
Space Launch Services Market
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.

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 coveredBy Payload, By Launch Platform, By Service Type, By Launch Vehicle, By Orbit, By End User
 Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
 Companies CoveredAIRBUS 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.
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:
  • Cargo
  • Human Spacecraft
  • Satellite
  • Stratollite
  • Testing Probes
  • By Launch Platform:
  • Air
  • Land
  • Sea
  • By Service Type:
  • Post-Launch
  • Pre-Launch
  • By Launch Vehicle:
  • Heavy launch vehicle
  • Small launch vehicle
  • By Orbit:
  • Beyond GEO
  • GEO
  • LEO
  • MEO
  • 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

    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.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Space Launch Services Market CAGR of 15.33% during the forecast period.
    You can get the sample pages by clicking the link -Click Here
    Space Launch Services Market size is USD 69.65 billion from 2023 to 2033.
    Space Launch Services Market Segment is Covered By Payload, By Launch Platform, By Service Type, By Launch Vehicle, By Orbit, By End User
    The North America region is anticipated to have the highest market share in Space Launch Services Market.
    The key players in the market include 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.
    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.
    Space Launch Services Market is projected to reach USD 69.65 billion by 2033, growing at a CAGR of 15.33% during the forecast period.
    Space Launch Services Market grew in market size from 2023. The Market is expected to reach USD 69.65 billion by 2033, at a CAGR of 15.33% during the forecast period.
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