The Satellite Launch Vehicle (SLV) Market Size was valued at USD 6.43 billion in 2022 and is expected to reach USD 8.67 billion by 2030 with an emerging CAGR of 3.8% over the forecast period 2023-2030.
Rising development in the satellite launch vehicle sector around the world for climate monitoring, route, correspondence, and remote detecting applications will aid the growth of the Satellite Launch Vehicle Market over the forecast time period. These satellite dispatch vehicles aid in the transportation of the shuttle to space. The dispatch vehicle, the platform, and several designs comprise the initial structure. The satellite dispatch trucks are arranged in a circle based on the mass delivered and the number of stages. Satellite dispatch vehicles use supports to provide initial thrust and reduce the weight of subsequent stages, allowing larger cargo to be carried into the circle.
To get more information on Satellite Launch Vehicle (SLV) Market - Request Free Sample Report
MARKET DYNAMICS
KEY DRIVERS
Increasing Defense Expenditure & regular Military Satellite Launches
Important Space Industry Investment by Venture Capital Firms
RESTRAINTS
High Development and launch costs
OPPORTUNITY
Reusable Launch Vehicles Development
The Creating Of launch Vehicles For Small Satellites
IMPACT OF COVID-19
The COVID-19 epidemic has caused a few dispatch delays, inventory network disruptions, labour force shortages, and the disappearance of income streams for a few new enterprises and smaller players on the lookout. Recently, there has been a surge in interest in satellites from the general/government, commercial, and military sectors. Currently, nations such as the United States, India, China, Russia, Japan, and a few European countries have considerable satellite manufacturing capacity. However, with the growing movement toward assembly reasonable and less polished tiny satellites, it is typical that the satellite assembling base is expanding to a few different nations across the world.
The global satellite launch vehicle market is divided into four categories: orbit, payloads, launch activity, and applications. The market is divided into four categories based on orbit: sun-synchronous orbit (SSO), medium earth orbit (MEO), low earth orbit (LEO), and geosynchronous orbit (GEO). The market is divided into three sections based on payloads: primary alone, 6 to 10, and 2 to 5. The market is divided into two categories based on launch activity: non-commercial and commercial. The market is divided into applications such as research and development, navigation, communication, scientific, meteorology, earth observation, and remote sensing.
One of the key factors driving the growth of the satellite dispatch vehicle market is the increasing development of remote detection applications. However, administrative guidelines restricting the assets and information, as well as the sharing of advances identified with the dispatch inferable from critical applications, are critical factors controlling the development of the satellite dispatch vehicle market.
An increase in the size of the satellite launch vehicle market, with an emphasis on interplanetary missions and numerous follow-on missions planned, is expected to promote the growth of the satellite dispatch vehicle industry.
Several satellites represent the increase in satellite payloads market growth, and testing test dispatches act as drivers for the development of the Satellite Launch Vehicle Market.
Furthermore, larger government initiatives and private assets influence market development overall. However, significant startup costs connected to delivery administrations act as a market constraint. Furthermore, the small satellite launch vehicle market concerns addressed by organisations stifle industry progress. Another factor impeding market expansion is the lack of a skilled labour force and resistance to new technological improvements. Meanwhile, efforts to reduce the cost of dispatch administrations present a profitable opportunity for market players in the Satellite Launch Vehicle Market industry.
By Number of Payloads
Primary Only
2 to 5
6 to 10
By Launch Activity
Non-Commercial
Commercial
By Application
Research & Development
Navigation
Communication
Scientific
Meteorology
Earth Observation
Remote Sensing
By Orbit
Sun-Synchronous Orbit
Medium Earth Orbit
Low Earth Orbit
Geosynchronous Orbit
.png)
Need any customization research on Satellite Launch Vehicle (SLV) Market - Enquiry Now
REGIONAL ANALYSIS
North America accounts for around 55% of the market. The presence of key market participants, the widespread use of cutting-edge technologies, and the availability of a large technically skilled workforce all contribute to the expansion of the regional satellite launch vehicle market.
The APAC market is expected to grow at the fastest rate, of more than 4%, in the future years, due to an increase in satellite launches for space exploration and communication. Furthermore, the increasing participation of private firms and government expenditure to develop the 5G network boost market growth.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Blue Origin, Space Exploration Technologies Corporation, Eurockot Launch Services GmbH, Bristol Airspace, Arca Space Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Boeing, Mitsubishi Heavy Industries, Ltd, Indian Space Research Organization and Other Players
Blue Origin-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 6.43 Billion |
| Market Size by 2030 | US$ 8.67 Billion |
| CAGR | CAGR of 3.8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Number of Payloads (Primary Only, 2 to 5 and 6 to 10) • By Launch Activity (Non-Commercial and Commercial) • By Application (Research & Development, Navigation, Communication, Scientific, Meteorology, Earth Observation, and Remote Sensing) • By Orbit (Sun-Synchronous Orbit [SSO], Medium Earth Orbit [MEO], Low Earth Orbit [LEO], and Geosynchronous Orbit [GEO]) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Blue Origin, Space Exploration Technologies Corporation, Eurockot Launch Services GmbH, Bristol Airspace, Arca Space Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Boeing, Mitsubishi Heavy Industries, Ltd, Indian Space Research Organization. |
| DRIVERS | • Increasing Defense Expenditure & regular Military Satellite Launches • Important Space Industry Investment by Venture Capital Firms |
| RESTRAINTS | • High Development and launch costs |
The market size of the Satellite Launch Vehicle Market is expected to reach USD 8.67 billion by 2030.
The growth rate of the Satellite Launch Vehicle Market is 3.8% during the forecast period.
Blue Origin, Space Exploration Technologies Corporation, Eurockot Launch Services GmbH, Bristol Airspace, Arca Space Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Boeing, Mitsubishi Heavy Industries, Ltd, and Indian Space Research Organization are leading players in the Satellite Launch Vehicle Market.
North America region dominated the Satellite Launch Vehicle Market.
Satellite Launch Vehicle Market is segmented into 4 categories: By Number of payloads, By Launch Activity, By Orbit, and By Application.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Satellite Launch Vehicle Market Segmentation, By Number of Payloads
8.1 Primary Only
8.2 2 to 5
8.3 6 to 10
9. Satellite Launch Vehicle Market Segmentation, By Launch Activity
9.1 Non-Commercial
9.2 Commercial
10. Satellite Launch Vehicle Market Segmentation, By Application
10.1 Research & Development
10.2 Navigation
10.3 Communication
10.4 Scientific
10.5 Meteorology
10.6 Earth Observation
10.7 Remote Sensing
11. Satellite Launch Vehicle Market Segmentation, By Orbit
11.1 Sun-Synchronous Orbit
11.2 Medium Earth Orbit
11.3 Low Earth Orbit
11.4 Geosynchronous Orbit
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Blue Origin
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Space Exploration Technologies Corporation
13.3 Eurockot Launch Services GmbH
13.4 Bristol Airspace
13.5 Arca Space Corporation
13.6 Lockheed Martin Corporation
13.7 Northrop Grumman Corporation
13.8 Boeing
13.9 Mitsubishi Heavy Industries, Ltd
13.10 Indian Space Research Organization
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Torpedo Market size was valued at USD 945.1 million in 2022 and is expected to grow to USD 1448.23 million by 2030 and grow at a CAGR of 5.48 % over the forecast period of 2023-2030.
The Small Arms Market Size was valued at USD 9.18 billion in 2022 and is expected to reach USD 11.06 billion by 2030 with a growing CAGR of 2.1% over the forecast period 2023-2030.
The Very Small Aperture Terminal [VAST ]Market Size was valued at USD 11.52 billion in 2022 and is expected to reach USD 21.17 billion by 2030 and grow at a CAGR of 7.9% over the forecast period 2023-2030.
The Armored Vehicle Fire Suppression Systems Market Size was valued at USD 22.65 million in 2022 and is expected to reach USD 30.76 million by 2030, and grow at a CAGR of 3.9% over the forecast period 2023-2030.
The Aviation Software Market Size is expected to reach USD 6.01 Bn by 2030 and grow at a CAGR of 9 % over the forecast period 2023-2030.
The Integrated Marine Automation System Market Size was valued at USD 5.77 billion in 2022 and is expected to reach USD 13.29 billion by 2030 with a growing CAGR of 11% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
