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

By Payload;

Up to 100 Kg, 100 Kg – 500 Kg, 500 Kg – 1,000 Kg, and Above 1,000 Kg.

By Propulsion;

Solid, and Liquid.

By Platform;

Land, Air, and Sea.

By End User;

Commercial, Government, and Military.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn350400477 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Satellite Launch Vehicle (SLV) Market (USD Million), 2021 - 2031

In the year 2024, the Global Satellite Launch Vehicle (SLV) Market was valued at USD 6,954.11 million. The size of this market is expected to increase to USD 8,907.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

Small launch vehicles (SLVs) play a crucial role in transporting light and medium payloads, such as nanosats and small satellites, into the lower Earth orbit (LEO). They offer versatility in launch options, including land, sea, or air launches. Notably, Northrop Grumman Corporation pioneered aerial SLV launches, while Sea Launch, a multinational firm, specialized in orbital launches from the sea. Despite these options, launches from land stations remain the most prevalent due to their simplicity compared to other platforms.

The market for SLVs is primarily driven by the escalating demand for satellites in the low Earth orbit (LEO), which consequently spurs the need for small launch vehicles. SLVs present an efficient means of deploying satellite constellations into orbit, particularly with the introduction of reusable rockets, which has further bolstered demand. These vehicles offer cost-effective solutions for launching multiple satellites, facilitating the establishment of satellite networks for various applications.

The high cost associated with launching SLVs remains a significant restraint hindering market growth. The costly nature of the industry dissuades investment from many nations, limiting market expansion. Additionally, there is uncertainty surrounding the success of SLV launches, which further dampens market growth prospects. Overcoming these challenges, such as reducing launch costs and increasing launch success rates, will be essential for unlocking the full potential of the small launch vehicle market and meeting the growing demand for satellite deployment into LEO.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Payload
    2. Market Snapshot, By Propulsion
    3. Market Snapshot, By Platform
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Satellite Launch Vehicle (SLV) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Expanding Applications of Satellite Launch Vehicles
        2. Growing Interest in Commercial Space Exploration
        3. Demand for Cost-Effective Launch Solutions
      2. Restraints:
        1. Geopolitical Tensions and Spectrum Allocation Issues
        2. Market Saturation and Overcapacity
        3. Impact of Natural Disasters and External Events
      3. Opportunities:
        1. Expansion of Commercial Space Exploration Initiatives
        2. Growth in Satellite Constellation Deployment
        3. Increasing Investment in Launch Infrastructure
    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 Satellite Launch Vehicle (SLV) Market, By Payload, 2021 - 2031 (USD Million)
      1. Up to 100 Kg
      2. 100 Kg – 500 Kg
      3. 500 Kg – 1,000 Kg
      4. Above 1,000 Kg
    2. Global Satellite Launch Vehicle (SLV) Market, By Propulsion, 2021 - 2031 (USD Million)
      1. Solid
      2. Liquid
    3. Global Satellite Launch Vehicle (SLV) Market, By Platform, 2021 - 2031 (USD Million)
      1. Land
      2. Air
      3. Sea
    4. Global Satellite Launch Vehicle (SLV) Market, By End User, 2021 - 2031 (USD Million)
      1. Commercial
      2. Government
      3. Military
    5. Global Satellite Launch Vehicle (SLV) 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. ARCA Space
      2. Blue Origin
      3. Boeing Space and Communications
      4. Bristol Spaceplanes
      5. E Prime Aerospace
      6. Eurockot Launch Services
      7. Indian Space Research Organization
      8. Kelly Space & Technology
  7. Analyst Views
  8. Future Outlook of the Market