Global Commercial Satellite Launch Service Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Orbit;

LEO, MEO, GEO and HEO.

By Size;

Large, Medium, Small and Micro.

By Application;

Navigation, Communication, Reconnaissance, Weather forecasting and Remote sensing.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn214275089 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Commercial Satellite Launch Service Market (USD Million), 2021 - 2031

In the year 2024, the Global Commercial Satellite Launch Service Market was valued at USD 8,225.44 million. The size of this market is expected to increase to USD 13,087.76 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.9%.

The global commercial satellite launch service market is experiencing significant growth driven by the increasing demand for satellite launches across various sectors. With the expansion of satellite-based communication, navigation, Earth observation, and scientific research, there's a burgeoning need for reliable and efficient launch services. This demand surge is particularly evident in the telecommunications industry, where satellites are instrumental in providing connectivity to remote regions and enhancing network coverage.

The rise of new players in the space industry, particularly private spaceflight companies, has intensified competition and innovation in the satellite launch market. Companies like SpaceX, Blue Origin, and Rocket Lab have disrupted the traditional landscape with their reusable rocket technologies and cost-effective launch solutions. This has not only lowered the barriers to entry for satellite deployment but also spurred advancements in launch vehicle design and manufacturing.

Government initiatives and partnerships are playing a crucial role in driving market growth. Many countries are investing heavily in space exploration and satellite deployment programs, fostering collaboration between public and private sectors. These partnerships aim to accelerate technological development, reduce launch costs, and expand access to space-based services, thereby propelling the commercial satellite launch service market forward.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Orbit
    2. Market Snapshot, By Size
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Commercial Satellite Launch Service Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for satellite-based services
        2. Technological advancements in satellite manufacturing
        3. Rising investments in space exploration
        4. Emerging satellite internet initiatives
      2. Restraints
        1. Regulatory challenges
        2. High upfront costs
        3. Geopolitical tensions
        4. Environmental concerns
      3. Opportunities
        1. Growing demand for small satellite launches
        2. Expansion of commercial space tourism
        3. Collaborations with emerging spacefaring nations
        4. Development of reusable launch vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Commercial Satellite Launch Service Market, By Orbit, 2021 - 2031 (USD Million)
      1. LEO
      2. MEO
      3. GEO
      4. HEO
    2. Global Commercial Satellite Launch Service Market, By Size, 2021 - 2031 (USD Million)
      1. Large
      2. Medium
      3. Small
      4. Micro
    3. Global Commercial Satellite Launch Service Market, By Application, 2021 - 2031 (USD Million)
      1. Navigation
      2. Communication
      3. Reconnaissance
      4. Weather forecasting
      5. Remote sensing
    4. Global Commercial Satellite Launch Service Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arianespace
      2. GK Launch Service
      3. Lockheed Martin Corporation
      4. United Launch Alliance (ULA)
      5. Indian Space Research Organization (ISRO)
      6. National Aeronautics and Space Administration (NASA)
      7. Blue Origin
      8. Cosmos International Launch Services GmbH
      9. S7 Space
      10. The Boeing Company
      11. Northrop Grumman Organization
      12. Space Exploration Technologies Corp. (SpaceX)
      13. Eurorocket Launch Services GmbH
      14. Mitsubishi Heavy Industries
  7. Analyst Views
  8. Future Outlook of the Market