The global market for Satellite Manufacturing and Launch was valued at an estimated US$23.6 Billion in 2023 and is projected to reach US$28.6 Billion by 2030, growing at a CAGR of 2.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the satellite manufacturing and launch market is driven by several factors, including the increasing demand for satellite-based services, advancements in satellite and launch vehicle technologies, and supportive government policies. The proliferation of high-speed internet, global navigation systems, and Earth observation applications has spurred the need for more satellites.
Technological advancements, such as the miniaturization of satellite components and the development of high-throughput satellites (HTS), have enhanced the capabilities and cost-effectiveness of satellite missions. Moreover, the advent of new space launch providers and the innovation of reusable launch systems have reduced launch costs, making space more accessible. Government initiatives and international collaborations aimed at expanding space capabilities and infrastructure further support market growth. These factors collectively contribute to a dynamic and rapidly evolving market, underscoring the critical role of satellite manufacturing and launch in the expanding space economy.
The growth in the satellite manufacturing and launch market is driven by several factors, including the increasing demand for satellite-based services, advancements in satellite and launch vehicle technologies, and supportive government policies. The proliferation of high-speed internet, global navigation systems, and Earth observation applications has spurred the need for more satellites.
Technological advancements, such as the miniaturization of satellite components and the development of high-throughput satellites (HTS), have enhanced the capabilities and cost-effectiveness of satellite missions. Moreover, the advent of new space launch providers and the innovation of reusable launch systems have reduced launch costs, making space more accessible. Government initiatives and international collaborations aimed at expanding space capabilities and infrastructure further support market growth. These factors collectively contribute to a dynamic and rapidly evolving market, underscoring the critical role of satellite manufacturing and launch in the expanding space economy.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Satellite Manufacturing segment, which is expected to reach US$20.1 Billion by 2030 with a CAGR of a 2.5%. The Launch Systems segment is also set to grow at 3.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $14.5 Billion in 2023, and China, forecasted to grow at an impressive 3.2% CAGR to reach $2.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Satellite Manufacturing and Launch Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Satellite Manufacturing and Launch Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Satellite Manufacturing and Launch Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Airbus SE, ArianeGroup SAS, Blue Origin, LLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 119 Featured):
- Airbus SE
- ArianeGroup SAS
- Blue Origin, LLC
- GeoOptics, Inc.
- Honeywell International, Inc.
- Innovative Solutions In Space B.V.
- Lockheed Martin Corporation
- Maxar Technologies, Inc.
- MITSUBISHI HEAVY INDUSTRIES LTD.
- Northrop Grumman Systems Corporation
- OHB SE
- Raytheon Technologies Corp.
- Sierra Nevada Corporation
- Space Exploration Technologies Corp.
- Thales Group
- The Boeing Company
- ViaSat, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Airbus SE
- ArianeGroup SAS
- Blue Origin, LLC
- GeoOptics, Inc.
- Honeywell International, Inc.
- Innovative Solutions In Space B.V.
- Lockheed Martin Corporation
- Maxar Technologies, Inc.
- MITSUBISHI HEAVY INDUSTRIES LTD.
- Northrop Grumman Systems Corporation
- OHB SE
- Raytheon Technologies Corp.
- Sierra Nevada Corporation
- Space Exploration Technologies Corp.
- Thales Group
- The Boeing Company
- ViaSat, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 481 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 23.6 Billion |
| Forecasted Market Value ( USD | $ 28.6 Billion |
| Compound Annual Growth Rate | 2.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
