Commercial Satellite Launch Service Market - Global Analysis & Forecast 2026
The commercial satellite launch service market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.
The commercial satellite launch service market has observed a significant growth over the recent years owing to the increased interests to undertake maritime operations. Growing investments towards R&D, collaborations between space and telecommunication sectors and rise in number of space startups are some of the key factors driving the commercial satellite launch service industry share.
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Weather forecasting satellites primarily target efficient and smooth services for maritime, aerospace, and commercial transportation sectors. Commercial satellite launch services market from weather forecasting applications will register gains at 6% through 2026.
In terms of application spectrum, commercial satellite launch services have observed a massive scope in weather forecasting. As per reports, weather forecasting applications procured 20% of the overall commercial satellite launch services market in 2019.
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In terms of the regional landscape, North America market is expected to register the fastest growth through 2026 at a CAGR of 7%. The region’s technologically upgraded education system, scope of space projects and experiments and presence of major industry players will support the regional satellite development trends. Europe is also expected to record substantial gains in the ensuing years.
The rising interests of the research agencies towards launching micro-launcher-related solutions will boost the regional demand for commercial satellite launch services. The Europe commercial satellite launch service market size stood at USD 1 billion in 2019 and is expected to register 6% CAGR through 2026. Innovative satellite designs and government backing to technologically upgrade the satellite services are the factors projected to characterize the regional landscape.
Speaking of the competitive terrain, some of the key market players are Ariane Group, Lockheed Martin, Commercial Space Technologies Ltd., United Launch Alliance, ISRO, Antrix Corporation Limited, NASA, COSMOS International, Boeing, Sea Launch, SpaceX, Eurockot Launch Services, and Mitsubishi Heavy Industries Launch Services.
Major Key Points from Table of Content:
Chapter 5. Commercial Satellite Launch Service Market, By Orbit
5.1. Key trends, by orbit
5.2. LEO
5.2.1. Market estimates and forecast, 2015 - 2026
5.3. MEO
5.3.1. Market estimates and forecast, 2015 – 2026
5.4. GEO
5.4.1. Market estimates and forecast, 2015 – 2026
5.5. HEO
5.5.1. Market estimates and forecast, 2015 – 2026
Chapter 6. Commercial Satellite Launch Service Market, By Size
6.1. Key trends, by size
6.2. Large
6.2.1. Market estimates and forecast, 2015 - 2026
6.3. Medium
6.3.1. Market estimates and forecast, 2015 – 2026
6.4. Small
6.4.1. Market estimates and forecast, 2015 - 2026
6.5. Micro
6.5.1. Market estimates and forecast, 2015 - 2026
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