Product Code: PM2862
The global space launch services market size is expected to reach USD 43.94 billion by 2032, according to a new study by Polaris Market Research. The report "Space Launch Services Market Share, Size, Trends, Industry Analysis Report, By Payload (Satellite, Human Spaceflight, Cargo, Testing Probes, and others); By Launch Platform; By Service Type; By Launch Vehicle; By End Use; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising prevalence of CAE adoption in software developing companies all over the world is expected to become a major driving force for the market over the forecast period. The CAE is to make better-performing software for the betterment of the user experience and to solve complex simulations in various graphical companies.
Launch services refer to the process of launching spacecraft into orbit, including rockets, satellites, and crewed spacecraft. This industry has seen significant recent updates and developments, particularly in the areas of reusable rockets, small satellite launch services, and commercial crewed launches.
The launch services industry is the development of reusable rockets. Companies such as SpaceX and Blue Origin have made major strides in this area, with SpaceX successfully landing and reusing its Falcon 9 rockets multiple times. This has significant cost-saving implications for the industry, as reusable rockets can reduce launch costs by a significant margin.
The launch services industry is the rise of small satellite launch services. With the advent of miniaturized satellite technology, there has been a growing demand for launch services that can cater to small satellite operators. Companies such as Rocket Lab and Virgin Orbit have emerged as key players in this market, offering dedicated launch services for small satellites.
Several recent updates in the area of commercial crewed launches. With the retirement of the Space Shuttle, NASA has turned to private companies such as SpaceX and Boeing to provide crewed launch services to the International Space Station. SpaceX has already completed several successful crewed launches, with plans for additional missions in the coming years.
The launch services industry is undergoing rapid change and evolution, with new players and technologies constantly emerging. As the demand for satellite services continues to grow, the launch services industry will likely remain a key area of focus for investment and innovation in the years to come.
Space Launch Services Market Report Highlights:
The test segment is anticipated to expand at a significant CAGR over the forecast period due to rising demand for third-party service providers that supply technically equipped personnel to handle the pricey AI systems.
The market share of the space launch services segment was dominated by the air segment. The air segment has always been an important part of the business, especially when it comes to sending commercial and government payloads into low-Earth orbit.
The satellite segment is expected to expand at the fastest rate in the space launch services market. This is because there is a growing demand for satellites to be used for a variety of purposes, such as communication, navigation, Earth observation, and scientific research.
The space launch services industry is expected to expand significantly in the coming years in both North America and Europe. The rising demand for space missions is also being met by the emergence of new commercial launch service providers in the region.
The global players include Avaya, Inc., Calabrio, Genesys, IBM Corporation, Microsoft Corporation, MoEngage, NICE Systems Ltd., Nuance Communications, Inc., and OpenText Corporation, Oracle Corporation, Salesforce, Sentimeter, SugarCRM, Upshot, and WebEngage.
Polaris Market Research has segmented the Space Launch Services report based on the launch platform, payload, launch vehicle, end-use, and region:
Space Launch Services, Payload Outlook (Revenue, USD Billion, 2019-2032)
Satellite
Human Spaceflight
Cargo
Testing Probes
Others
Space Launch Services, Launch Platform Outlook (Revenue, USD Billion, 2019-2032)
Land
Air
Sea
Space Launch Services, Launch Vehicle Outlook (Revenue, USD Billion, 2019-2032)
Small
Medium to Heavy
Space Launch Services, End-Use Outlook (Revenue, USD Billion, 2019-2032)
Government & Military
Commercial
Space Launch Services, Regional Outlook (Revenue - USD Billion, 2019-2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Space Launch Services Market Insights
- 4.1. Space Launch Services - Industry Snapshot
- 4.2. Space Launch Services Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing regulations and standardization of space travel
- 4.2.1.2. Technological advancements in space launch services
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Concern over space debris
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Space Launch Services Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Space Launch Services Market, by Payload
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 5.3. Satellite
- 5.3.1. Global Space Launch Services Market, by Satellite, by Region, 2019-2032 (USD Billion)
- 5.4. Human Spaceflight
- 5.4.1. Global Space Launch Services Market, by Human Spaceflight, by Region, 2019-2032 (USD Billion)
- 5.5. Cargo
- 5.5.1. Global Space Launch Services Market, by Cargo, by Region, 2019-2032 (USD Billion)
- 5.6. Testing Probes
- 5.6.1. Global Space Launch Services Market, by Testing Probes, by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global Space Launch Services Market, by Other Payloads, by Region, 2019-2032 (USD Billion)
6. Global Space Launch Services Market, by Launch Platform
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 6.3. Land
- 6.3.1. Global Space Launch Services Market, by Land, by Region, 2019-2032 (USD Billion)
- 6.4. Air
- 6.4.1. Global Space Launch Services Market, by Air, by Region, 2019-2032 (USD Billion)
- 6.5. Sea
- 6.5.1. Global Space Launch Services Market, by Sea, by Region, 2019-2032 (USD Billion)
7. Global Space Launch Services Market, by Launch Vehicle
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 7.3. Small
- 7.3.1. Global Space Launch Services Market, by Small, by Region, 2019-2032 (USD Billion)
- 7.4. Medium to Heavy
- 7.4.1. Global Space Launch Services Market, by Medium to Heavy, by Region, 2019-2032 (USD Billion)
8. Global Space Launch Services Market, by End User
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 8.3. Government & Military
- 8.3.1. Global Space Launch Services Market, by Government & Military, by Region, 2019-2032 (USD Billion)
- 8.4. Commercial
- 8.4.1. Global Space Launch Services Market, by Commercial, by Region, 2019-2032 (USD Billion)
9. Global Space Launch Services Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Space Launch Services Market Assessment, By Geography, 2019-2032 (USD Billion)
- 9.3. Space Launch Services Market - North America
- 9.3.1. North America: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.3.2. North America: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.3.3. North America: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.3.4. North America: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.3.5. Space Launch Services Market - U.S.
- 9.3.5.1. U.S.: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.3.5.2. U.S.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.3.5.3. U.S.: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.3.5.4. U.S.: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.3.6. Space Launch Services Market - Canada
- 9.3.6.1. Canada: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.3.6.2. Canada: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.3.6.3. Canada: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.3.6.4. Canada: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4. Space Launch Services Market - Europe
- 9.4.1. Europe: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.2. Europe: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.3. Europe: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.4. Europe: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4.5. Space Launch Services Market - UK
- 9.4.5.1. UK: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.5.2. UK: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.5.3. UK: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.5.4. UK: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4.6. Space Launch Services Market - France
- 9.4.6.1. France: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.6.2. France: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.6.3. France: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.6.4. France: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4.7. Space Launch Services Market - Germany
- 9.4.7.1. Germany: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.7.2. Germany: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.7.3. Germany: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.7.4. Germany: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4.8. Space Launch Services Market - Italy
- 9.4.8.1. Italy: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.8.2. Italy: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.8.3. Italy: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.8.4. Italy: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4.9. Space Launch Services Market - Spain
- 9.4.9.1. Spain: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.9.2. Spain: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.9.3. Spain: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.9.4. Spain: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4.10. Space Launch Services Market - Netherlands
- 9.4.10.1. Netherlands: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.10.2. Netherlands: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.10.3. Netherlands: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.10.4. Netherlands: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.4.11. Space Launch Services Market - Russia
- 9.4.11.1. Russia: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.4.11.2. Russia.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.4.11.3. Russia: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.4.11.4. Russia: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.5. Space Launch Services Market - Asia Pacific
- 9.5.1. Asia Pacific: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.5.2. Asia Pacific: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.5.3. Asia Pacific: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.5.4. Asia Pacific: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.5.5. Space Launch Services Market - China
- 9.5.5.1. China: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.5.5.2. China.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.5.5.3. China: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.5.5.4. China: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.5.6. Space Launch Services Market - India
- 9.5.6.1. India: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.5.6.2. India.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.5.6.3. India: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.5.6.4. India: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.5.7. Space Launch Services Market - Japan
- 9.5.7.1. Japan: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.5.7.2. Japan.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.5.7.3. Japan: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.5.7.4. Japan: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.5.8. Space Launch Services Market - Malaysia
- 9.5.8.1. Malaysia: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.5.8.2. Malaysia.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.5.8.3. Malaysia: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.5.8.4. Malaysia: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.5.9. Space Launch Services Market - Indonesia
- 9.5.9.1. Indonesia: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.5.9.2. Indonesia.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.5.9.3. Indonesia: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.5.9.4. Indonesia: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.5.10. Space Launch Services Market - South Korea
- 9.5.10.1. South Korea: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.5.10.2. South Korea.: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.5.10.3. South Korea: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.5.10.4. South Korea: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.6. Space Launch Services Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.6.2. Middle East & Africa: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.6.3. Middle East & Africa: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.6.4. Middle East & Africa: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.6.5. Space Launch Services Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.6.5.2. Saudi Arabia: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.6.5.3. Saudi Arabia: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.6.5.4. Saudi Arabia: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.6.6. Space Launch Services Market - South Africa
- 9.6.6.1. South Africa: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.6.6.2. South Africa: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.6.6.3. South Africa: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.6.6.4. South Africa: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.6.7. Space Launch Services Market - Israel
- 9.6.7.1. Israel: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.6.7.2. Israel: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.6.7.3. Israel: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.6.7.4. Israel: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.6.8. Space Launch Services Market - UAE
- 9.6.8.1. UAE: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.6.8.2. UAE: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.6.8.3. UAE: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.6.8.4. UAE: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.7. Space Launch Services Market - Latin America
- 9.7.1. Latin America: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.7.2. Latin America: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.7.3. Latin America: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.7.4. Latin America: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.7.5. Space Launch Services Market - Mexico
- 9.7.5.1. Mexico: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.7.5.2. Mexico: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.7.5.3. Mexico: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.7.5.4. Mexico: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.7.6. Space Launch Services Market - Brazil
- 9.7.6.1. Brazil: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.7.6.2. Brazil: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.7.6.3. Brazil: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.7.6.4. Brazil: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
- 9.7.7. Space Launch Services Market - Argentina
- 9.7.7.1. Argentina: Space Launch Services Market, by Payload, 2019-2032 (USD Billion)
- 9.7.7.2. Argentina: Space Launch Services Market, by End User, 2019-2032 (USD Billion)
- 9.7.7.3. Argentina: Space Launch Services Market, by Launch Platform, 2019-2032 (USD Billion)
- 9.7.7.4. Argentina: Space Launch Services Market, by Launch Vehicle, 2019-2032 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Airbus
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Antrix Corporation
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. China Aerospace Science
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Lockheed Martin
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Mitsubishi Heavy Industries
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Northrop Grumman
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Rocket Lab
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Safran
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Space Exploration
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development