DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Reusable Launch Vehicles Market 2017-2021" report to their offering.
The global reusable launch vehicles market to grow at a CAGR of 11.17% during the period 2017-2021.
The report, Global Reusable Launch Vehicles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
One trend in the market is use of 3D printing technologies. Stakeholders in the aerospace and defense segment have already expressed their interest in additive manufacturing and have been investing heavily in this technique. Airbus has been working on a project known as Prometheus.
According to the report, one driver in the market is reduction in satellite launch costs. The development and manufacturing of each satellite have their set of challenges as each satellite must withstand exposure to the space environment and launch events. One of the other major challenges is the prohibitive cost. This is driven by safety and certification requirements that require expertise. The launch of a satellite is expensive, and it amounts to approximately $400 million.
Further, the report states that one challenge in the market is high costs of development. Although reusable launch vehicles help in reducing the manufacturing time and saving costs in the development of a new vehicle for every satellite launch, these vehicles have high initial costs of design and development. The concept of such vehicles is approximately four decades old, and several countries have experimented with the usage of such vehicles.
Other prominent vendors
- Bellatrix Aerospace
- Virgin Galactic
Masten Space Systems
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Patent analysis
PART 07: Market segmentation by type
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/5znd4z/global_reusable