Global Orbital Spaceflight Market Growth (Status and Outlook) 2024-2030

Global Orbital Spaceflight Market Growth (Status and Outlook) 2024-2030

An orbital spaceflight (or orbital flight) is a spaceflight in which a spacecraft is placed on a trajectory where it could remain in space for at least one orbit. To do this around the Earth, it must be on a free trajectory which has an altitude at perigee (altitude at closest approach) around 80 kilometers (50 mi); this is the boundary of space as defined by NASA, the US Air Force and the FAA. The expression "orbital spaceflight" is mostly used to distinguish from sub-orbital spaceflights, which are flights where the apogee of a spacecraft reaches space, but the perigee is too low.

The global Orbital Spaceflight market size is projected to grow from US$ 13720 million in 2024 to US$ 21630 million in 2030; it is expected to grow at a CAGR of 7.9% from 2024 to 2030.

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

This Insight Report provides a comprehensive analysis of the global Orbital Spaceflight 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 Orbital Spaceflight portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Orbital Spaceflight market.

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

Reusable rocket technology is one of the main factors influencing how the commercial space industry will affect orbital spaceflight. With its Falcon 9 and Falcon Heavy rockets, SpaceX, for example, has successfully pioneered the idea of reusable rockets. These businesses have considerably lowered the cost of entering orbit by landing and refurbishing their rockets' first stages. The International Space Station (ISS) cargo resupply, crewed flights to low Earth orbit, and a larger range of missions have all become possible as a result of this cost decrease.

This report presents a comprehensive overview, market shares, and growth opportunities of Orbital Spaceflight market by product type, application, key players and key regions and countries.

Segmentation by Type:
Orbital
Rover
Lander

Segmentation by Application:
Low Earth Orbit (LEO)
Medium Earth Orbit (MEO)
Geostationary Orbit (GEO)

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:
Orbital
Rover
Lander

Segmentation by Application:
Low Earth Orbit (LEO)
Medium Earth Orbit (MEO)
Geostationary Orbit (GEO)

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.
Blue Origin
The Spaceship Company
PD Aerospace
Copenhagen Suborbitals
ARCA Space
Sierra Nevada Corporation
Scaled Composites
Northrop Grumman Innovation Systems
SpaceX
Boeing

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