Global space launch services industry expected to reach $29 billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Global Space Launch Services Market (2022-2027) by Launch Platform, Vehicle Size, Orbit, Payload, Service, End User, Geography, Competitive Analysis and Impact of Covid-19 with Ansoff analysis” has been added to from ResearchAndMarkets.com offer.

The Global Space Launch Services Market is estimated to be valued at USD 14.13 Billion in 2022 and is projected to reach USD 29.27 Billion by 2027, growing at a CAGR of 15.68%.

Market dynamics are forces that impact pricing and stakeholder behaviors in the global space launch services market. These forces create price signals that result from changes in the supply and demand curves for a given product or service. The forces of market dynamics can be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand and supply. Human emotions can also drive decisions, influence the market and create price signals.

As market dynamics impact supply and demand curves, policymakers aim to determine how best to use various financial tools to stem various strategies aimed at accelerating growth and reducing risk.

Competitive quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Ansoff analysis

The report presents a detailed analysis of the Ansoff matrix for the global space launch services market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design business growth strategies. The matrix can be used to assess approaches in four strategies viz. Market development, market penetration, product development and diversification. The matrix is ​​also used for risk analysis to understand the risk associated with each approach.

The analyst analyzes the global space launch services market using the Ansoff Matrix to provide the best approaches a company can take to improve its position in the market.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has designed appropriate strategies for market growth.

Why buy this report?

  • The report offers a comprehensive assessment of the global space launch services market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.

  • The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 on the market is also presented in the report.

  • The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.

  • The report also contains competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Market dynamics

Drivers

  • Increase in small satellite deployments

  • Increasing satellite applications and services

  • Increased Investment in Space Exploration Mission

Constraints

  • Growing volume of space debris

  • Strict regulations

Opportunities

  • Increased ground station network as a service for next-generation satellites

  • Space tourism

  • Expand satellite capacity and related infrastructure

Challenges

  • Interoperability issues

  • Absence of a small dedicated satellite launcher

Market segmentation

The global space launch services market is segmented on the basis of launch platform, vehicle size, orbit, payload, service, end user and geography.

  • Launch platform, the market is classified into Air, Land and Sea.

  • Vehicle Size, the market is categorized into medium to heavy duty vehicles and small lift launchers.

  • Orbit, the market is categorized into orbit beyond geosynchronous orbit, geosynchronous orbit, low earth orbit and medium earth orbit.

  • Payload market is categorized into satellite, stratollite and test probes.

  • Service, the market is categorized into post-launch service, pre-launch service, and data and telemetry support.

  • End-user, the market is categorized into Defense, Private Enterprises, Satellite Service Providers and Space Agencies.

  • Geography, the market is categorized into Americas, Europe, Middle East & Africa, and Asia-Pacific.

Companies cited

  • Antrix Company

  • Arianespace

  • Astrogate Laboratories

  • Astroscale

  • Bellatrix Aerospace

  • Blue Origin, LLC

  • Boeing Company

  • Great Wall of China Industry Society

  • Dhruva space

  • earth-i

  • Eurockoti launch service provider

  • ILS International

  • SAI Kosmotras

  • ISRO

  • SAI Kosmotras

  • Japan Aerospace Exploration Agency

  • Lockheed Martin Company

  • Maxar space

  • Mitsubishi Heavy Industries

  • Nasa

  • Seradata from Oxford Space Systems

  • Raytheon Company

  • Sierra Nevada Company

  • Skyrora

  • Space Exploration Technologies Society

  • Space International Services Inc.

  • spaceflight

  • Starsem

  • United Launch Alliance, LLC

For more information about this report visit https://www.researchandmarkets.com/r/2ns7p7

About Travis Durham

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