Global Launch Vehicle Market Growth 2025-2031

The global Launch Vehicle market size is predicted to grow from US$ 8031 million in 2025 to US$ 12440 million in 2031; it is expected to grow at a CAGR of 7.6% from 2025 to 2031.

A launch vehicle or carrier rocket is a rocket-propelled vehicle used to carry a payload from Earth"s surface to space, usually to Earth orbit or beyond.

In the global market, the core manufacturers of launch vehicle include CASC and SpaceX etc, and the top 2 manufacturers account for above 50% of the market share. The market include Asia Pacific, North America, and Europe, with a share of 58%, 27% and 15%. light rocket accounted for 95% and heavy rocket accounted for 5%. The product is mainly used in commercial and government fields, with a share of 74% and 26%.

LP Information, Inc. (LPI) ' newest research report, the “Launch Vehicle Industry Forecast” looks at past sales and reviews total world Launch Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Launch Vehicle sales for 2025 through 2031. With Launch Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Launch Vehicle industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Launch Vehicle 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 Launch Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Launch Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Light Rocket
Heavy Rocket

Segmentation by Application:
Commercial
Government

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 analysing the company's coverage, product portfolio, its market penetration.
CASC
SpaceX
Progress Rocket Space Centre
United Launch Alliance
Arianespace
Mitsubishi Heavy Industries
Astra Space
Northrop Grumman
ISRO
Khrunichev Center
Blue Origin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Launch Vehicle market?

What factors are driving Launch Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Launch Vehicle market opportunities vary by end market size?

How does Launch Vehicle break out by Type, by Application?

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