Space Launch Services Market Report by Payload (Satellite, Human Spacecraft, Cargo, Testing Probes, Stratollite), Launch Platform (Land, Air, Sea), Service Type (Pre-Launch, Post-Launch), Orbit (Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geosynchronous Orbit, Polar Orbit), Launch Vehicle (Small Launch Vehicle, Heavy Launch Vehicle), End User (Government and Military, Commercial), and Region 2024-2032

Space Launch Services Market Report by Payload (Satellite, Human Spacecraft, Cargo, Testing Probes, Stratollite), Launch Platform (Land, Air, Sea), Service Type (Pre-Launch, Post-Launch), Orbit (Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geosynchronous Orbit, Polar Orbit), Launch Vehicle (Small Launch Vehicle, Heavy Launch Vehicle), End User (Government and Military, Commercial), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5985
Buy Now

Market Overview:

The global space launch services market size reached US$ 14.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 41.3 Billion by 2032, exhibiting a growth rate (CAGR) of 11.9% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 14.6 Billion
Market Forecast in 2032
US$ 41.3 Billion
Market Growth Rate (2024-2032) 11.9%


Space launch, or lift-off, refers to the earliest part of the operations, wherein the rocket or other vehicles, including airborne aircraft and floating ship, are vertically released from the ground. This process involves a series of activities, such as ordering, conversing, stacking, assembling, and integrating payload for launching spacecraft, which in turn, assist in decreasing the set-in motion cost and promoting a smooth launch. On account of these properties, space launch services are extensively deployed by the government, space organizations, and military agencies for performing galaxy explorations. At present, these services are categorized into pre-launch and post-launch.

Space Launch Services Market Report

Space Launch Services Market Trends:

The widespread adoption of space launch services across commercial, government and military and defense sectors on account of the increasing number of aircraft and satellite testing during launches is one of the prime factors currently driving the market growth. In line with this, significant technological advancements, such as the introduction of miniaturization in electronic systems for improving small satellites capabilities by reducing the size of various integrated electronics and hardware is acting as another growth-inducing factor. This is further supported by the implementation of the commercial-off-the-shelf (COTS) approach, which is employed by space companies in the miniaturization methodology for collecting distributed data and experimentation purposes. Moreover, the shifting inclination of space launch service providers toward smaller satellites over traditional satellites for enabling their development in a shorter time frame at lower launch costs is propelling the market growth. Additionally, the rising demand for low earth orbit (LEO)-based services, such as imagery-based intelligence and space-based communication, is also contributing to the market growth. Apart from this, the extensive investments in research and development (R&D) activities for designing, maintaining, and operating commercial payload facilities is creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global space launch services market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on payload, launch platform, service type, orbit, launch vehicle, and end user.

Breakup by Payload:

Space Launch Services Market Report

  • Satellite
    • Small Satellite (Less Than 1000 Kg)
    • Large Satellite (Above 1000 Kg)
  • Human Spacecraft
  • Cargo
  • Testing Probes
  • Stratollite
     

Breakup by Launch Platform:

  • Land
  • Air
  • Sea
     

Breakup by Service Type:

  • Pre-Launch
  • Post-Launch
     

Breakup by Orbit:

  • Low Earth Orbit (LEO)
  • Medium Earth Orbit (MEO)
  • Geosynchronous Orbit
  • Polar Orbit
     

Breakup by Launch Vehicle:

  • Small Launch Vehicle
  • Heavy Launch Vehicle
     

Breakup by End User:

  • Government and Military 
  • Commercial
     

Breakup by Region:

Space Launch Services Market Report

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, Antrix Corporation Limited, Arianespace SA, China Great Wall Industry Corporation (China Aerospace Science and Technology Corporation), Mitsubishi Heavy Industries Ltd., Northrop Grumman Corporation, S7 Airlines, Safran S.A., Space Exploration Technologies Corp. and The Boeing Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Payload, Launch Platform, Service Type, Orbit, Launch Vehicle, End User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Airbus SE, Antrix Corporation Limited, Arianespace SA, China Great Wall Industry Corporation (China Aerospace Science and Technology Corporation), Mitsubishi Heavy Industries Ltd., Northrop Grumman Corporation, S7 Airlines, Safran S.A., Space Exploration Technologies Corp. and The Boeing Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global space launch services market was valued at US$ 14.6 Billion in 2023.

We expect the global space launch services market to exhibit a CAGR of 11.9% during 2024-2032.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the decline of space-related activities and delay in the space launches, thereby negatively impacting global market for space launch services.

The rising adoption of space launch services across the commercial, government, and military and defense sectors, owing to the increasing number of aircraft and satellite testing during launches, is primarily driving the global space launch services market.

Based on the payload, the global space launch services market has been bifurcated into satellite, human spacecraft, cargo, testing probes, and stratollite. Among these, satellite currently exhibits a clear dominance in the market.

Based on the launch platform, the global space launch services market can be segmented into land, air, and sea. Currently, land holds the majority of the total market share.

Based on the service type, the global space launch services market has been divided into pre-launch and post-launch, where pre-launch currently exhibits a clear dominance in the market.

Based on the orbit, the global space launch services market can be categorized into Low Earth Orbit (LEO), Medium Earth Orbit (MEO), geosynchronous orbit, and polar orbit. Currently, Low Earth Orbit (LEO) accounts for the majority of the global market share.

Based on the launch vehicle, the global space launch services market has been segregated into small launch vehicle and heavy launch vehicle, where heavy launch vehicle currently holds the largest market share.

Based on the end user, the global space launch services market can be bifurcated into government and military and commercial. Currently, the government and military sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global space launch services market include Airbus SE, Antrix Corporation Limited, Arianespace SA, China Great Wall Industry Corporation (China Aerospace Science and Technology Corporation), Mitsubishi Heavy Industries Ltd., Northrop Grumman Corporation, S7 Airlines, Safran S.A., Space Exploration Technologies Corp., and The Boeing Company.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Space Launch Services Market Report by Payload (Satellite, Human Spacecraft, Cargo, Testing Probes, Stratollite), Launch Platform (Land, Air, Sea), Service Type (Pre-Launch, Post-Launch), Orbit (Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geosynchronous Orbit, Polar Orbit), Launch Vehicle (Small Launch Vehicle, Heavy Launch Vehicle), End User (Government and Military, Commercial), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More