DUBLIN , Sept. 20, 2022 /PRNewswire/ -- The "Space Launch Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to  ResearchAndMarkets.com's offering.

The global space launch services market size reached US$ 11.32 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 26.62 Billion by 2027, exhibiting a CAGR of 15.32% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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 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.

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.

Key Questions Answered in This Report:

Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Space Launch Services Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Payload 6.1 Satellite 6.1.1 Market Trends 6.1.2 Key Segments 6.1.2.1 Small Satellite (Less Than 1000 Kg) 6.1.2.2 Large Satellite (Above 1000 Kg) 6.1.3 Market Forecast 6.2 Human Spacecraft 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Cargo 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Testing Probes 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 Stratollite 6.5.1 Market Trends 6.5.2 Market Forecast 7 Market Breakup by Launch Platform 7.1 Land 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Air 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Sea 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Service Type 8.1 Pre-Launch 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Post-Launch 8.2.1 Market Trends 8.2.2 Market Forecast 9 Market Breakup by Orbit 9.1 Low Earth Orbit (LEO) 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Medium Earth Orbit (MEO) 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Geosynchronous Orbit 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 Polar Orbit 9.4.1 Market Trends 9.4.2 Market Forecast 10 Market Breakup by Launch Vehicle 10.1 Small Launch Vehicle 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Heavy Launch Vehicle 10.2.1 Market Trends 10.2.2 Market Forecast 11 Market Breakup by End User 11.1 Government and Military 11.1.1 Market Trends 11.1.2 Market Forecast 11.2 Commercial 11.2.1 Market Trends 11.2.2 Market Forecast 12 Market Breakup by Region 13 SWOT Analysis 14 Value Chain Analysis 15 Porters Five Forces Analysis 16 Price Analysis 17 Competitive Landscape 17.1 Market Structure 17.2 Key Players 17.3 Profiles of Key Players 17.3.1 Airbus SE 17.3.1.1 Company Overview 17.3.1.2 Product Portfolio 17.3.1.3 Financials 17.3.1.4 SWOT Analysis 17.3.2 Antrix Corporation Limited 17.3.2.1 Company Overview 17.3.2.2 Product Portfolio 17.3.3 Arianespace SA 17.3.3.1 Company Overview 17.3.3.2 Product Portfolio 17.3.4 China Great Wall Industry Corporation (China Aerospace Science and Technology Corporation) 17.3.4.1 Company Overview 17.3.4.2 Product Portfolio 17.3.5 Mitsubishi Heavy Industries Ltd. 17.3.5.1 Company Overview 17.3.5.2 Product Portfolio 17.3.5.3 Financials 17.3.5.4 SWOT Analysis 17.3.6 Northrop Grumman Corporation 17.3.6.1 Company Overview 17.3.6.2 Product Portfolio 17.3.6.3 Financials 17.3.6.4 SWOT Analysis 17.3.7 S7 Airlines 17.3.7.1 Company Overview 17.3.7.2 Product Portfolio 17.3.8 Safran S.A. 17.3.8.1 Company Overview 17.3.8.2 Product Portfolio 17.3.8.3 Financials 17.3.8.4 SWOT Analysis 17.3.9 Space Exploration Technologies Corp. 17.3.9.1 Company Overview 17.3.9.2 Product Portfolio 17.3.10 The Boeing Company 17.3.10.1 Company Overview 17.3.10.2 Product Portfolio 17.3.10.3 Financials 17.3.10.4 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/au9awt

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