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

By Type;

Satellite Manufacturing, and Satellite Launch Systems.

By Application;

Communication Satellite, Military Surveillance, Navigation Satellite, Earth Observation Satellite, and Others.

By End Use;

Commercial, and Military.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn594277503 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Satellite Manufacturing And Launch Market (USD Million), 2021 - 2031

In the year 2024, the Global Satellite Manufacturing And Launch Market was valued at USD 27,199.44 million. The size of this market is expected to increase to USD 35,313.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.

The Satellite Manufacturing and Launch Vehicle Market is expected to experience significant growth in the coming years, driven by increasing demand for satellite applications across various sectors. Among the different types of orbits, Low Earth Orbit (LEO) is anticipated to dominate due to its close proximity to Earth, making it a preferred choice for a wide range of satellite missions. Satellites in LEO are commonly utilized for applications such as weather monitoring, communication, Earth observation, and navigation.

Satellites deployed in Medium Earth Orbit (MEO) are primarily used for navigation and global positioning purposes. Meanwhile, those in Geostationary Orbit (GEO) are often dedicated to communication and Earth observation tasks. The diversity in satellite applications underscores the importance of tailoring satellite designs and orbits to meet specific mission requirements.

The increasing utilization of satellites in fields like electronic intelligence, Earth science/meteorology, laser imaging, optical imaging, and meteorology is expected to drive the demand for satellite development and deployment in the coming years. This trend reflects the growing reliance on satellite-based technologies to address a wide array of societal and commercial needs, further propelling the growth of the Satellite Manufacturing and Launch Vehicle Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, BY Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Satellite Manufacturing And Launch Market
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Government Initiatives and Funding
        2. Growth in Space Exploration Programs
        3. Emergence of New Players and Market Entrants
      2. Restraints:
        1. Limited Launch Capacity and Infrastructure
        2. Security Concerns and Vulnerabilities
        3. Geopolitical Tensions and Trade Restrictions
      3. Opportunities:
        1. Technological Innovation and Advancements
        2. Increasing Focus on Remote Sensing and Earth Observation
        3. Growth in Emerging Markets and Regions
    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 Manufacturing And Launch Market, By Type, 2021 - 2031 (USD Million)
      1. Satellite Manufacturing
      2. Satellite Launch Systems
    2. Global Satellite Manufacturing And Launch Market, By Application, 2021 - 2031 (USD Million)
      1. Communication Satellite
      2. Military Surveillance
      3. Navigation Satellite
      4. Earth Observation Satellite
      5. Others
    3. Global Satellite Manufacturing And Launch Market, By End Use, 2021 - 2031 (USD Million)
      1. Commercial
      2. Military
    4. Global Satellite Manufacturing And Launch 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. Airbus SE
      2. China Aerospace Science and Technology Corporation (CASC)
      3. Lockheed Martin Corporation
      4. Maxar Technologies Inc.
      5. Boeing Defence
      6. Space Exploration Technologies Corp.
  7. Analyst Views
  8. Future Outlook of the Market