Table of Content

1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 31
1.3.1 MARKETS COVERED 31
FIGURE 1 SATELLITE LAUNCH VEHICLE MARKET SEGMENTATION 31
1.3.2 REGIONS COVERED 32
1.3.3 YEARS CONSIDERED 32
1.4 CURRENCY 33
TABLE 1 USD EXCHANGE RATES 33
1.5 LIMITATIONS 33
1.6 INCLUSIONS AND EXCLUSIONS 34
TABLE 2 INCLUSIONS AND EXCLUSIONS 34
1.7 STAKEHOLDERS 35

2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 RESEARCH PROCESS FLOW 36
FIGURE 3 RESEARCH DESIGN 37
2.1.1 SECONDARY DATA 37
2.1.1.1 Key data from secondary sources 38
2.1.2 PRIMARY DATA 38
2.1.2.1 Key data from primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
2.2 FACTOR ANALYSIS 40
2.2.1 INTRODUCTION 40
2.2.2 DEMAND-SIDE INDICATORS 40
2.2.3 SUPPLY-SIDE INDICATORS 40
2.2.4 RECESSION IMPACT ANALYSIS 40
2.3 RESEARCH APPROACH AND METHODOLOGY 41
2.3.1 BOTTOM-UP APPROACH 41
2.3.1.1 Market size estimation & methodology 41
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 41
2.3.1.2 Regional split of satellite launch vehicle market 42
2.3.2 TOP-DOWN APPROACH 42
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 42
2.4 DATA TRIANGULATION 43
FIGURE 6 DATA TRIANGULATION 43
2.5 RESEARCH ASSUMPTIONS 44

3 EXECUTIVE SUMMARY 45
FIGURE 7 SINGLE-USE/EXPENDABLE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 45
FIGURE 8 MEDIUM AND HEAVY (>350,000 KG) SEGMENT TO ACCOUNT FOR LARGER MARKET SIZE DURING FORECAST PERIOD 46
FIGURE 9 THREE STAGE TO BE LARGEST SEGMENT OF MARKET DURING FORECAST PERIOD 46
FIGURE 10 NORTH AMERICA TO LEAD SATELLITE LAUNCH VEHICLE MARKET IN 2022 47

4 PREMIUM INSIGHTS 48
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN SATELLITE LAUNCH VEHICLE MARKET 48
FIGURE 11 RISING DEPLOYMENT OF SMALL SATELLITES TO DRIVE MARKET 48
4.2 SATELLITE LAUNCH VEHICLE MARKET, BY SUBSYSTEM 48
FIGURE 12 PROPULSION SYSTEMS SEGMENT TO LEAD MARKET FROM 2022 TO 2027 48
4.3 SATELLITE LAUNCH VEHICLE MARKET, BY ORBIT 49
FIGURE 13 GEOSTATIONARY ORBIT SEGMENT TO DOMINATE MARKET FROM 2022 TO 2027 49
4.4 SATELLITE LAUNCH VEHICLE MARKET, BY PAYLOAD 49
FIGURE 14 >2,500 KG SEGMENT TO DOMINATE MARKET FROM 2022 TO 2027 49
4.5 SATELLITE LAUNCH VEHICLE MARKET, BY COUNTRY 50
FIGURE 15 UK TO BE FASTEST-GROWING MARKET FROM 2022 TO 2027 50

5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 51
FIGURE 16 MARKET DYNAMICS OF SATELLITE LAUNCH VEHICLE MARKET 51
5.2.1 DRIVERS 52
5.2.1.1 Rise in demand for small satellites across various applications 52
5.2.1.2 Increased space tourism 52
FIGURE 17 GLOBAL REVENUE OF SPACE TRAVEL AND TOURISM, 2021 -2030 53
5.2.2 RESTRAINTS 53
5.2.2.1 Oversaturation in launch vehicle market 53
5.2.3 OPPORTUNITIES 53
5.2.3.1 Advancements in satellite launch vehicle designs 53
5.2.3.2 Increased outsourcing of manufacturing activities 54
TABLE 3 OUTSOURCING COMPANIES FOR NASA 55
5.2.4 CHALLENGES 55
5.2.4.1 Reliability and safety of launch vehicles 55
5.2.4.2 Increased carbon footprint due to space launches 56
TABLE 4 PROPELLANTS USED AND EMISSIONS FROM LAUNCH VEHICLES 56
5.3 VALUE CHAIN ANALYSIS 57
FIGURE 18 VALUE CHAIN ANALYSIS: SATELLITE LAUNCH VEHICLE MARKET 57
5.3.1 UPSTREAM PLAYERS 58
5.3.2 LAUNCH VEHICLE MANUFACTURERS 58
5.3.3 LAUNCH SERVICE PROVIDERS 58
5.3.4 DOWNSTREAM PLAYERS 58
5.3.5 GOVERNMENT AGENCIES 58
5.3.6 SATELLITE OPERATORS 58
5.4 SATELLITE LAUNCH VEHICLE MARKET ECOSYSTEM 58
FIGURE 19 SATELLITE LAUNCH VEHICLE MARKET ECOSYSTEM MAP 59
TABLE 5 SATELLITE LAUNCH VEHICLE MARKET ECOSYSTEM 60
5.5 DISRUPTIONS IMPACTING CUSTOMER BUSINESS 61
5.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN SATELLITE LAUNCH VEHICLE MARKET 61
FIGURE 20 REVENUE SHIFT IN SATELLITE LAUNCH VEHICLE MARKET 61
5.6 RECESSION IMPACT ANALYSIS OF SATELLITE LAUNCH VEHICLE MARKET 62
FIGURE 21 RECESSION IMPACT ANALYSIS OF SATELLITE LAUNCH VEHICLE MARKET 62
5.7 TECHNOLOGY ANALYSIS 62
5.7.1 SYNERGETIC AIR-BREATHING ROCKET ENGINE 62
5.8 PRICING ANALYSIS 63
5.8.1 AVERAGE SELLING PRICES 63
TABLE 6 AVERAGE SELLING PRICES OF LAUNCH VEHICLES (USD MILLION) 63
5.9 VOLUME DATA 65
TABLE 7 SATELLITE LAUNCH VEHICLE MARKET: VOLUME DATA (UNITS) 65
5.10 PORTER’S FIVE FORCES ANALYSIS 66
TABLE 8 SATELLITE LAUNCH VEHICLE MARKET: PORTER’S FIVE FORCES ANALYSIS 66
FIGURE 22 SATELLITE LAUNCH VEHICLE MARKET: PORTER’S FIVE FORCES ANALYSIS 67
5.10.1 THREAT OF NEW ENTRANTS 67
5.10.2 THREAT OF SUBSTITUTES 68
5.10.3 BARGAINING POWER OF SUPPLIERS 68
5.10.4 BARGAINING POWER OF BUYERS 68
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 68
5.11 TRADE DATA ANALYSIS 69
TABLE 9 COUNTRY-WISE IMPORTS, 2020-2021 (USD THOUSAND) 69
TABLE 10 COUNTRY-WISE EXPORTS, 2020-2021 (USD THOUSAND) 70
5.12 TARIFF AND REGULATORY LANDSCAPE 70
5.12.1 NORTH AMERICA 71
5.12.2 EUROPE 71
5.12.3 ASIA PACIFIC 71
5.12.4 MIDDLE EAST 72
5.13 KEY CONFERENCES AND EVENTS IN 2023 73
TABLE 11 SATELLITE LAUNCH VEHICLE MARKET CONFERENCES AND EVENTS, 2023 73
5.14 KEY STAKEHOLDERS & BUYING CRITERIA 74
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 74
FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS 74
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%) 74
5.14.2 BUYING CRITERIA 75
FIGURE 24 KEY BUYING CRITERIA FOR END USERS 75
TABLE 13 KEY BUYING CRITERIA FOR END USERS 75

6 INDUSTRY TRENDS 76
6.1 INTRODUCTION 76
6.2 TECHNOLOGY TRENDS 76
6.2.1 AIR-LAUNCHED ROCKETS 76
6.2.2 ELECTRIC PROPULSION 76
6.2.3 3D PRINTING 77
6.2.4 AUTONOMOUS SYSTEMS 77
6.2.5 SEMI CRYOGENIC ENGINES 77
6.2.6 ORBITAL ACCELERATOR 78
6.3 USE CASES: SATELLITE LAUNCH VEHICLE MARKET 78
6.3.1 AUTONOMOUS SPACEPORT DRONE SHIP 78
TABLE 14 AUTONOMOUS SPACEPORT DRONE SHIP 78
6.3.2 SMALL SATELLITE LAUNCH VEHICLE 79
TABLE 15 SMALL SATELLITE LAUNCH VEHICLE 79
6.3.3 ELECTRIC PROPULSION 79
TABLE 16 ELECTRIC PROPULSION 79
6.4 PATENT ANALYSIS 80
TABLE 17 PATENTS RELATED TO SATELLITE LAUNCH VEHICLES, 2019–2022 80
6.5 IMPACT OF MEGATRENDS 81
6.5.1 REUSABLE ROCKETS SIGNIFICANTLY REDUCE LAUNCH COSTS 81
6.5.2 INCREASED NUMBER OF SMALL SATELLITE LAUNCHES TO LEAD TO CREATION OF SATELLITE CONSTELLATIONS 81
6.5.3 SPACE TOURISM SUPPORTS GROWTH OF SPACE LAUNCH SERVICES 82

7 SATELLITE LAUNCH VEHICLE MARKET, BY LAUNCH 83
7.1 INTRODUCTION 84
FIGURE 25 REUSABLE SEGMENT TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD 84
TABLE 18 SATELLITE LAUNCH VEHICLE MARKET, BY LAUNCH, 2018–2021 (USD MILLION) 84
TABLE 19 SATELLITE LAUNCH VEHICLE MARKET, BY LAUNCH, 2022–2027 (USD MILLION) 84
7.2 SINGLE-USE/EXPENDABLE 85
7.2.1 EXTENSIVE USE TO LAUNCH LIGHTER PAYLOADS TO DRIVE SEGMENT 85
7.3 REUSABLE 85
7.3.1 INCREASED PREFERENCE DUE TO LOWER LAUNCH COSTS TO PROPEL SEGMENT 85

8 SATELLITE LAUNCH VEHICLE MARKET, BY ORBIT 86
8.1 INTRODUCTION 87
FIGURE 26 LOW EARTH ORBIT (LEO) SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 87
TABLE 20 SATELLITE LAUNCH VEHICLE MARKET, BY ORBIT, 2018–2021 (USD MILLION) 87
TABLE 21 SATELLITE LAUNCH VEHICLE MARKET, BY ORBIT, 2022–2027 (USD MILLION) 87
8.2 LOW EARTH ORBIT (LEO) 88
8.2.1 EXTENSIVE DEPLOYMENT OF COMMUNICATION SATELLITES TO PROPEL SEGMENT 88
8.3 MEDIUM EARTH ORBIT (MEO) 88
8.3.1 RISE IN NUMBER OF SATELLITE NAVIGATION SYSTEMS TO DRIVE SEGMENT 88
8.4 GEOSTATIONARY EARTH ORBIT (GEO) 89
8.4.1 RISE IN NUMBER OF WEATHER MONITORING SATELLITES TO DRIVE SEGMENT 89

9 SATELLITE LAUNCH VEHICLE MARKET, BY PAYLOAD 90
9.1 INTRODUCTION 91
FIGURE 27 <500 KG SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 91
TABLE 22 SATELLITE LAUNCH VEHICLE MARKET, BY PAYLOAD, 2018–2021 (USD MILLION) 91
TABLE 23 SATELLITE LAUNCH VEHICLE MARKET, BY PAYLOAD, 2022–2027 (USD MILLION) 92
9.2 <500 KG 92
9.2.1 RISE IN NUMBER OF SMALL SATELLITE CONSTELLATIONS TO FUEL SEGMENT 92
9.3 500 KG–2,500 KG 92
9.3.1 INCREASED APPLICATIONS IN CLIMATE & ENVIRONMENTAL MONITORING, EARTH OBSERVATION & METEOROLOGY TO DRIVE SEGMENT 92
9.4 >2,500 KG 93
9.4.1 RISE IN DEMAND FOR COMMUNICATION SUBSYSTEMS TO PROPEL SEGMENT 93

10 SATELLITE LAUNCH VEHICLE MARKET, BY STAGE 94
10.1 INTRODUCTION 95
FIGURE 28 THREE STAGE SATELLITE LAUNCH VEHICLE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 95
TABLE 24 SATELLITE LAUNCH VEHICLE MARKET, BY STAGE, 2018–2021 (USD MILLION) 95
TABLE 25 SATELLITE LAUNCH VEHICLE MARKET, BY STAGE, 2022–2027 (USD MILLION) 96
10.2 SINGLE STAGE 96
10.2.1 SIMPLE AND LESS EXPENSIVE DESIGN TO DRIVE SEGMENT 96
10.3 TWO STAGE 96
10.3.1 ABILITY TO ACHIEVE HIGHER SPEEDS AND ALTITUDES TO BOOST SEGMENT 96
10.4 THREE STAGE 97
10.4.1 INCREASED USE IN DEEP SPACE MISSIONS TO PROPEL SEGMENT 97

11 SATELLITE LAUNCH VEHICLE MARKET, BY SUBSYSTEM 98
11.1 INTRODUCTION 99
FIGURE 29 PROPULSION SYSTEMS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 99
TABLE 26 SATELLITE LAUNCH VEHICLE MARKET, BY SUBSYSTEM, 2018–2021 (USD MILLION) 99
TABLE 27 SATELLITE LAUNCH VEHICLE MARKET, BY SUBSYSTEM, 2022–2027 (USD MILLION) 100
11.2 STRUCTURE 100
11.2.1 USE OF ADVANCED MATERIALS TO SPUR SEGMENT GROWTH 100
11.3 GUIDANCE, NAVIGATION & CONTROL SYSTEMS (GN&C) 100
11.3.1 INCREASED USE OF AUTOMATED GUIDANCE, NAVIGATION, AND CONTROL (GN&C) SYSTEMS TO PROPEL SEGMENT 100
11.4 PROPULSION SYSTEMS 101
11.4.1 RISE IN DEMAND FOR ELECTRIC PROPULSION SYSTEMS TO DRIVE SEGMENT 101
11.5 TELEMETRY, TRACKING & COMMAND SYSTEMS 101
11.5.1 IMPROVED AND FULLY REDUNDANT TELEMETRY SYSTEMS TO BOOST SEGMENT 101
11.6 ELECTRICAL POWER SYSTEMS 102
11.6.1 INTRODUCTION OF EFFICIENT POWER GENERATION SYSTEMS TO DRIVE SEGMENT 102
11.7 SEPARATION SYSTEMS 103
11.7.1 USE OF PYROTECHNIC DEVICES AND ACTIVE SEPARATION SYSTEMS TO DRIVE SEGMENT 103

12 SATELLITE LAUNCH VEHICLE MARKET, BY VEHICLE 104
12.1 INTRODUCTION 105
FIGURE 30 SMALL (<350,000 KG) SEGMENT TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD 105
TABLE 28 SATELLITE LAUNCH VEHICLE MARKET, BY VEHICLE, 2018–2021 (USD MILLION) 105
TABLE 29 SATELLITE LAUNCH VEHICLE MARKET, BY VEHICLE, 2022–2027 (USD MILLION) 105
12.2 SMALL (<350,000 KG) 106
12.2.1 RAPID DEPLOYMENT AND TARGETED PAYLOAD DELIVERY TO DRIVE SEGMENT 106
12.3 MEDIUM TO HEAVY (>350,000 KG) 106
12.3.1 INCREASED PAYLOAD CAPACITY AT REDUCED LAUNCH COSTS TO DRIVE SEGMENT 106

13 SATELLITE LAUNCH VEHICLE MARKET, BY SERVICE 108
13.1 ENGINEERING AND DESIGN SERVICES 108
13.2 TESTING AND CERTIFICATION SERVICES 109
13.3 MANUFACTURING AND ASSEMBLY SERVICES 109
13.4 LOGISTICS AND SUPPLY CHAIN MANAGEMENT SERVICES 110

14 SATELLITE LAUNCH VEHICLE MARKET, BY REGION 111
14.1 INTRODUCTION 112
FIGURE 31 NORTH AMERICA PROJECTED TO LEAD SATELLITE LAUNCH VEHICLE MARKET DURING FORECAST PERIOD 112
TABLE 30 SATELLITE LAUNCH VEHICLE MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 113
TABLE 31 SATELLITE LAUNCH VEHICLE MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 113
14.2 REGIONAL RECESSION IMPACT ANALYSIS 113
FIGURE 32 GLOBAL PESSIMISTIC AND REALISTIC VIEW ON RECESSION IMPACT 113
TABLE 32 REGIONAL RECESSION IMPACT ANALYSIS 114
14.3 NORTH AMERICA 115
14.3.1 PESTLE ANALYSIS: NORTH AMERICA 115
FIGURE 33 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SNAPSHOT 116
TABLE 33 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 117
TABLE 34 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2022–2027(USD MILLION) 117
TABLE 35 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 117
TABLE 36 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 117
TABLE 37 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 118
TABLE 38 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 118
TABLE 39 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 118
TABLE 40 NORTH AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 118
14.3.2 US 119
14.3.2.1 Presence of major companies manufacturing launch vehicles to boost market 119
TABLE 41 US: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 119
TABLE 42 US: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027 (USD MILLION) 119
TABLE 43 US: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 120
TABLE 44 US: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027 (USD MILLION) 120
TABLE 45 US: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 120
TABLE 46 US: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027 (USD MILLION) 120
14.3.3 CANADA 121
14.3.3.1 New regulations pertaining to satellite launches to drive market 121
TABLE 47 CANADA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 121
TABLE 48 CANADA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027 (USD MILLION) 121
TABLE 49 CANADA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 122
TABLE 50 CANADA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027 (USD MILLION) 122
TABLE 51 CANADA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 122
TABLE 52 CANADA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 122
14.4 ASIA PACIFIC 123
14.4.1 PESTLE ANALYSIS: ASIA PACIFIC 123
FIGURE 34 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SNAPSHOT 125
TABLE 53 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 125
TABLE 54 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2022–2027(USD MILLION) 126
TABLE 55 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 126
TABLE 56 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 126
TABLE 57 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 126
TABLE 58 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 127
TABLE 59 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 127
TABLE 60 ASIA PACIFIC: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 127
14.4.2 CHINA 127
14.4.2.1 Ambitious space programs to drive market 127
TABLE 61 CHINA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 128
TABLE 62 CHINA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 128
TABLE 63 CHINA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 128
TABLE 64 CHINA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 129
TABLE 65 CHINA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 129
TABLE 66 CHINA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 129
14.4.3 INDIA 129
14.4.3.1 Increased demand for satellite launches for both commercial and government applications to propel market 129
TABLE 67 INDIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 130
TABLE 68 INDIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 130
TABLE 69 INDIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 130
TABLE 70 INDIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 131
TABLE 71 INDIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 131
TABLE 72 INDIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 131
14.4.4 JAPAN 131
14.4.4.1 Well-planned space launch programs to drive market 131
TABLE 73 JAPAN: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 132
TABLE 74 JAPAN: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 132
TABLE 75 JAPAN: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 132
TABLE 76 JAPAN: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 133
TABLE 77 JAPAN: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 133
TABLE 78 JAPAN: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 133
14.4.5 SOUTH KOREA 133
14.4.5.1 Significant investments by government to boost market 133
TABLE 79 SOUTH KOREA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 134
TABLE 80 SOUTH KOREA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 134
TABLE 81 SOUTH KOREA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 134
TABLE 82 SOUTH KOREA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 135
TABLE 83 SOUTH KOREA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 135
TABLE 84 SOUTH KOREA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 135
14.4.6 NEW ZEALAND 135
14.4.6.1 Increased small satellite launches to drive market 135
TABLE 85 NEW ZEALAND: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 136
TABLE 86 NEW ZEALAND: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 136
TABLE 87 NEW ZEALAND: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 136
TABLE 88 NEW ZEALAND: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 137
TABLE 89 NEW ZEALAND: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 137
TABLE 90 NEW ZEALAND: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 137
14.4.7 AUSTRALIA 137
14.4.7.1 Efforts by government and private sectors to propel market 137
TABLE 91 AUSTRALIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 138
TABLE 92 AUSTRALIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 138
TABLE 93 AUSTRALIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 138
TABLE 94 AUSTRALIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 139
TABLE 95 AUSTRALIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 139
TABLE 96 AUSTRALIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 139
14.5 EUROPE 139
14.5.1 PESTLE ANALYSIS: EUROPE 140
FIGURE 35 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SNAPSHOT 141
TABLE 97 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 141
TABLE 98 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2022–2027(USD MILLION) 142
TABLE 99 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 142
TABLE 100 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 142
TABLE 101 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 142
TABLE 102 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 143
TABLE 103 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 143
TABLE 104 EUROPE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 143
14.5.2 RUSSIA 143
14.5.2.1 Dominance in space industry to drive market 143
TABLE 105 RUSSIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 144
TABLE 106 RUSSIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 144
TABLE 107 RUSSIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 144
TABLE 108 RUSSIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 145
TABLE 109 RUSSIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 145
TABLE 110 RUSSIA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 145
14.5.3 FRANCE 145
14.5.3.1 Increased investments in space programs to propel market 145
TABLE 111 FRANCE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 146
TABLE 112 FRANCE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 146
TABLE 113 FRANCE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 146
TABLE 114 FRANCE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 147
TABLE 115 FRANCE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 147
TABLE 116 FRANCE: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 147
14.5.4 GERMANY 147
14.5.4.1 Major contributions to European Space Agency’s R&D budget to propel market 147
TABLE 117 GERMANY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 148
TABLE 118 GERMANY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 148
TABLE 119 GERMANY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 148
TABLE 120 GERMANY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 148
TABLE 121 GERMANY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 149
TABLE 122 GERMANY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 149
14.5.5 UK 149
14.5.5.1 Space Innovation and Growth Strategy by government to drive market 149
TABLE 123 UK: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 150
TABLE 124 UK: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 150
TABLE 125 UK: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 150
TABLE 126 UK: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 150
TABLE 127 UK: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 151
TABLE 128 UK: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 151
14.5.6 ITALY 151
14.5.6.1 Rise in demand for communication and remote sensing small satellites to propel market 151
TABLE 129 ITALY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 152
TABLE 130 ITALY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 152
TABLE 131 ITALY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 152
TABLE 132 ITALY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 152
TABLE 133 ITALY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 153
TABLE 134 ITALY: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 153
14.6 REST OF WORLD 153
14.6.1 PESTLE ANALYSIS: REST OF THE WORLD 153
TABLE 135 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 154
TABLE 136 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY COUNTRY, 2022–2027(USD MILLION) 154
TABLE 137 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 155
TABLE 138 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 155
TABLE 139 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 155
TABLE 140 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 155
TABLE 141 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 156
TABLE 142 REST OF THE WORLD: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 156
14.6.2 MIDDLE EAST & AFRICA 156
TABLE 143 MIDDLE EAST & AFRICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 157
TABLE 144 MIDDLE EAST & AFRICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 157
TABLE 145 MIDDLE EAST & AFRICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 157
TABLE 146 MIDDLE EAST & AFRICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 157
TABLE 147 MIDDLE EAST & AFRICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 158
TABLE 148 MIDDLE EAST & AFRICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 158
14.6.3 LATIN AMERICA 158
TABLE 149 LATIN AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2018–2021 (USD MILLION) 158
TABLE 150 LATIN AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY VEHICLE, 2022–2027(USD MILLION) 159
TABLE 151 LATIN AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2018–2021 (USD MILLION) 159
TABLE 152 LATIN AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY PAYLOAD, 2022–2027(USD MILLION) 159
TABLE 153 LATIN AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2018–2021 (USD MILLION) 159
TABLE 154 LATIN AMERICA: SATELLITE LAUNCH VEHICLE MARKET SIZE, BY STAGE, 2022–2027(USD MILLION) 160

15 COMPETITIVE LANDSCAPE 161
15.1 INTRODUCTION 161
15.2 COMPETITIVE OVERVIEW 161
15.2.1 KEY DEVELOPMENTS OF LEADING PLAYERS IN SATELLITE LAUNCH VEHICLE MARKET, 2018–2022 161
TABLE 155 KEY DEVELOPMENTS OF LEADING PLAYERS: SATELLITE LAUNCH VEHICLE MARKET 161
15.3 RANKING ANALYSIS OF KEY PLAYERS, 2021 162
FIGURE 36 RANKING ANALYSIS OF TOP FIVE PLAYERS IN SATELLITE LAUNCH VEHICLE MARKET, 2021 162
15.4 REVENUE ANALYSIS OF KEY PLAYERS, 2021 163
FIGURE 37 SATELLITE LAUNCH VEHICLE MARKET: REVENUE ANALYSIS OF KEY COMPANIES (2019–2021) 164
15.5 MARKET SHARE ANALYSIS, 2021 164
FIGURE 38 MARKET SHARE ANALYSIS OF KEY COMPANIES, 2021 164
TABLE 156 SATELLITE LAUNCH VEHICLE MARKET: DEGREE OF COMPETITION 165
15.6 COMPANY EVALUATION QUADRANT 165
15.6.1 STARS 165
15.6.2 EMERGING LEADERS 165
15.6.3 PERVASIVE PLAYERS 165
15.6.4 PARTICIPANTS 166
FIGURE 39 SATELLITE LAUNCH VEHICLE MARKET, KEY COMPANY EVALUATION QUADRANT, 2022 166
15.6.5 COMPETITIVE BENCHMARKING 167
TABLE 157 SATELLITE LAUNCH VEHICLE MARKET: COMPETITIVE BENCHMARKING 167
15.7 STARTUPS/SMES EVALUATION QUADRANT 168
15.7.1 PROGRESSIVE COMPANIES 168
15.7.2 RESPONSIVE COMPANIES 168
15.7.3 STARTING BLOCKS 168
15.7.4 DYNAMIC COMPANIES 168
FIGURE 40 SATELLITE LAUNCH VEHICLE MARKET, STARTUPS/SMES COMPANY EVALUATION QUADRANT, 2022 169
TABLE 158 SATELLITE LAUNCH VEHICLE MARKET: DETAILED LIST OF KEY STARTUPS/SMES 170
15.8 COMPETITIVE SCENARIO 171
15.8.1 NEW PRODUCT LAUNCHES 171
TABLE 159 NEW PRODUCT LAUNCHES, 2021-2023 171
15.8.2 CONTRACTS, PARTNERSHIPS, AND AGREEMENTS 171
TABLE 160 CONTRACTS, PARTNERSHIPS, AND AGREEMENTS, FEBRUARY 2022– JANUARY 2023 171

16 COMPANY PROFILE 173
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
16.1 INTRODUCTION 173
16.2 KEY PLAYERS 173
16.2.1 SPACE EXPLORATION TECHNOLOGIES CORP. 173
TABLE 161 SPACE EXPLORATION TECHNOLOGIES CORP.: BUSINESS OVERVIEW 173
TABLE 162 SPACE EXPLORATION TECHNOLOGIES CORP.: PRODUCTS OFFERED 174
TABLE 163 SPACE EXPLORATION TECHNOLOGIES CORP.: DEALS 174
16.2.2 UNITED LAUNCH ALLIANCE, LLC 177
TABLE 164 UNITED LAUNCH ALLIANCE, LLC: BUSINESS OVERVIEW 177
TABLE 165 UNITED LAUNCH ALLIANCE, LLC.: PRODUCTS OFFERED 177
TABLE 166 UNITED LAUNCH ALLIANCE, LLC: DEALS 178
16.2.3 NORTHROP GRUMMAN CORPORATION 179
TABLE 167 NORTHROP GRUMMAN