The Worldwide Space Launch Services Industry is Expected to Reach $29 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Space Launch Services Market (2022-2027) by Launch Platform, Vehicle Size, Orbit, Payload, Service, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Space Launch Services Market is estimated to be USD 14.13 Bn in 2022 and is expected to reach USD 29.27 Bn by 2027, growing at a CAGR of 15.68%.

Market dynamics are forces that impact the prices and behaviors of the Global Space Launch Services Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Space Launch Services Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses Global Space Launch Services Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Space Launch Services Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Market Dynamics

Drivers

• Increase In Small Satellite Deployments
• Increasing Applications and Services of Satellites
• Increasing Investment In Space Exploration Mission

Restraints

• Rising Volume Of Space Debris
• Stringent Regulations

Opportunities

• Increasing Ground Station Network as a Service for Next-Generation Satellites
• Space Tourism
• Expand Satellite Capacity and Related Infrastructure

Challenges

• Interoperability Issues
• Absence of A Dedicated Small Satellite Launch Vehicle

Market Segmentation

The Global Space Launch Services Market is segmented based on Launch Platform, Vehicle Size, Orbit, Payload, Service, End User, and Geography.

• Launch Platform, the market is classified into Air, Land, and Sea.
• Vehicle Size, the market is classified into Medium to Heavy Vehicles and Small Lift Launch Vehicles.
• Orbit, the market is classified into Beyond Geosynchronous Orbit, Geosynchronous Orbit, Low Earth Orbit, and Medium Earth Orbit.
• Payload, the market is classified into Satellite, Stratollite, and Testing Probes.
• Service, the market is classified into Post Launch Service, Pre Launch Service, and Data & Telemetry Support.
• End User, the market is classified into Defence, Private Companies, Satelite Services Providers, and Space Agencies.
• Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

• Antrix Corporation
• Arianespace
• Astrogate Labs
• Astroscale
• Bellatrix Aerospace
• Blue Origin, LLC
• Boeing Company
• China Great Wall Industry Corporation
• Dhruva Space
• Earth-i
• Eurockoti Launch Service Provider
• ILS International
• ISC Kosmotras
• ISRO
• ISC Kosmotras
• Japan Aerospace Exploration Agency
• Lockheed Martin Corporation
• Maxar Space
• Mitsubishi Heavy Industries
• NASA
• Oxford Space Systems Seradata
• Raytheon Company
• Sierra Nevada Corporation
• Skyrora
• Space Exploration Technologies corporation
• Space International Services Inc.
• Spaceflight
• Starsem
• United Launch Alliance, LLC

For more information about this report visit https://www.researchandmarkets.com/r/2ns7p7