Global Commercial Satellite Launch Service Market Growth (Status and Outlook) 2024-2030

Global Commercial Satellite Launch Service Market Growth (Status and Outlook) 2024-2030

With an increasing reliance on satellite technology for communication, Earth observation, navigation, and scientific research, the need for efficient and reliable launch services has surged globally. Commercial launch service providers are responding by offering flexible and cost-effective options to accommodate various satellite sizes, orbits, and mission profiles.

The global Commercial Satellite Launch Service market size is projected to grow from US$ 11020 million in 2024 to US$ 20470 million in 2030; it is expected to grow at a CAGR of 10.9% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Commercial Satellite Launch Service Industry Forecast” looks at past sales and reviews total world Commercial Satellite Launch Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Satellite Launch Service sales for 2023 through 2029. With Commercial Satellite Launch Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Satellite Launch Service industry.

This Insight Report provides a comprehensive analysis of the global Commercial Satellite Launch Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Commercial Satellite Launch Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Satellite Launch Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Satellite Launch Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Satellite Launch Service.

The rise of mega-constellations, comprising networks of small satellites, for purposes like global broadband internet coverage has emerged as a significant market driver. Companies aiming to deploy large constellations necessitate frequent and reliable launches, fostering the growth of the commercial satellite launch service sector. Moreover, the defense and security sector's increasing reliance on satellite technology for surveillance, reconnaissance, and secure communication contributes substantially to the market expansion as governments worldwide seek dedicated launch services for national security initiatives.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Satellite Launch Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
LEO
MEO
GEO
HEO

Segmentation by Application:
Navigation
Communication
Weather Forecasting
Remote Sensing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
LEO
MEO
GEO
HEO

Segmentation by Application:
Navigation
Communication
Weather Forecasting
Remote Sensing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Virgin Orbit
Astroscale
Rocket Lab
United Launch Alliance
OneWeb
SpaceX
NASA
Indian Space Research Organization (ISRO)
GK Launch Service
Atianespace
Lockheed Martin Corporation
EarthNow
LandSpace Technology Co., Ltd
One Space Technology Co., Ltd
CASC

Please note: The report will take approximately 2 business days to prepare and deliver.