Space Launch Services Market By Service Type (Post Launch Services and Pre-Launch Services), Launch Platform (Sea, Air and Land), Launch Vehicle Size (Medium-to-Heavy Lift Launch Vehicles (>350,000 kg) and Small Lift Launch Vehicles (<350,000 kg)), Payload (Stratollite, Satellite, Testing Probes, Human Spacecraft and Cargo) and End User (Military & Government and Commercial) - Global Industry Analysis And Forecast To 2025
The space launch is the most initial part of the flight that goes to space. This service includes liftoff, when the rocket or any other space vehicle leaves the ground, midair aircraft or floating ship toward the beginning of the flight. Liftoff is mainly of two types: rocket dispatch (the current customary technique), and non-rocket space-launch (where different types of drive are utilized, including the air-breathing jet engines or different types). Various organizations are involved in providing these services of space launching. The responsibilities of the organizations are conversion, ordering, or carrier rocket construction, payload integration, and other responsibilities. Therefore, the Space Launch Services Market is anticipated to expand and has tremendous scope during the forecast period. The global Space Launch Services Market anticipated to flourish in the future by growing at a significantly higher CAGR.
On the basis of Service Type the market is segmented into Post Launch Services and Pre-Launch Services.
On the basis of Launch Platform the market is segmented into Sea, Air and Land. The Land section is seen dominating the market due to rising number of launches of satellites from the ground based sites, the less cost of launching by these platforms, more development in technology related to these platforms, etc.
On the basis of Launch Vehicle Size the market is segmented into Medium-to-Heavy Lift Launch Vehicles (>350,000 kg) and Small Lift Launch Vehicles (<350,000 kg).
On the basis of Payload the market is segmented into Stratollite, Satellite, Testing Probes, Human Spacecraft and Cargo. The Satellite section is leading the market owing to rising demand for the satellites for communication & observation of Earth.
On the basis of End User the market is segmented into Military & Government and Commercial. The Military & Government section is leading the market owing to rising investment in the missions of orbital probe by the military and for the purpose of surveillance, better educational, precision navigation & information collection by the government.
The North American region is leading the global Space Launch Services Market due to rising demand for launch services related to the satellites, space probes & human spacecraft, increasing number of spaceflights, etc.
Space Launch Services Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
United Launch Alliance
Space International Services
Space Exploration Technologies
Mitsubishi Heavy Industries
China Great Wall Industry Corporation
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?