Aug 20, 2019   SOURCE: BusinessWire

Global Space Launch Services Market Estimated Growth of 16% by 2026, Due to Factors Such as an Increase in Space Exploration Missions - ResearchAndMarkets.com

The "Global Space Launch Services Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.

The Global Space Launch Services market is expected to reach $36.99 billion by 2026 growing at a CAGR of 16.0% during the forecast period.
Demand for Commercial Non-Geostationary Satellite Orbit (NGSO) Launches, and increase in space exploration missions are few factors impacting the market growth. However, lack of operational measures for the disposal of orbital debris and limited intellectual resources and lack of skilled workforce pose challenge for industry.

Space launch is the earliest part of a flight that reaches space. Space launch involves liftoff, when a rocket or other space launch vehicle leaves the ground, floating ship or midair aircraft at the start of a flight. A satellite is an object that has been intentionally placed into orbit. These objects are called artificial satellites. Satellites are launched into earth's orbits via launch vehicles. Expendable satellite launch vehicles can be used only once for launch of satellites.

Based on Orbit, the transformation of the space industry is largely driven by innovations in launch and satellite manufacturing technology. The continuously evolving cutting-edge technologies like Quantum Key Distribution (QKD) an application built upon Heisenberg's, Planck's and Feynman's principles of quantum physics for secure distribution of very long encryption keys quantum electrodynamics (QED) are propelling astrospatial architecture. Increased use of commercial launch services, including low-earth orbit satellite launches and resupply missions to the International Space Station (ISS) has been a major catalyst for the dynamic commercial space industry. For companies wanting to move beyond orbit for reasons that range from asteroid mining to exploration mission's problems that run the spectrum to the unpredictable nature.

By geography, North America is projected to dominate the market owing to the increasing demand for launch services for satellites, human spacecraft, and space probes. Furthermore, increased investments in space exploration missions are driving the region. Asia Pacific is projected to grow at the highest CAGR during the forecast period due to innovation in the commercial launch sector. China launched 2 new rockets supporting orbital satellite carriers.

Key Questions Answered in this Report:

  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period.

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Space Launch Services Market, By Orbit

5.1 Introduction

5.2 Geosynchronous Orbit (GEO)

5.3 Beyond Geosynchronous Orbit (GEO)

5.4 Low Earth Orbit (LEO)

5.5 Medium Earth Orbit (MEO)

6 Global Space Launch Services Market, By Payload

6.1 Introduction

6.2 Stratollite

6.3 Cargo

6.4 Human Spacecraft

6.5 Testing Probes

6.6 Satellite

7 Global Space Launch Services Market, By Service

7.1 Introduction

7.2 Post-Launch Services

7.3 Pre-Launch Services

8 Global Space Launch Services Market, By Launch Platform

8.1 Introduction

8.2 Land

8.3 Sea

8.4 Air

9 Global Space Launch Services Market, By Launch Vehicle Size

9.1 Introduction

9.2 Medium to Heavy Vehicles (>350,000 Kg)

9.3 Small Lift Launch Vehicles (< 350,000 Kg)

10 Global Space Launch Services Market, By End User

10.1 Introduction

10.2 Military and Government

10.3 Commercial

11 Global Space Launch Services Market, By Geography

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 South America

11.6 Middle East & Africa

12 Strategic Benchmarking

13 Vendors Landscape

13.1 China Great Wall Industry

13.2 Eurockot

13.3 ILS International Launch Services

13.4 Lockheed Martin

13.5 Arianespace

13.6 Antrix

13.7 Boeing

13.8 Spacex

13.9 Space International Services

13.10 Spaceflight

13.11 Starsem

13.12 Mitsubishi Heavy Industries

13.13 Orbital ATK

13.14 United Launch Services (ULS)

For more information about this report visit https://www.researchandmarkets.com/r/nwu30r