Global Satellite Manufacturing and Launch Systems 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: Rn246504314 Published Date: January, 2025 Updated Date: February, 2025

Introduction

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

In the year 2024, the Global Satellite Manufacturing and Launch Systems Market was valued at USD 21,337.49 million. The size of this market is expected to increase to USD 27,147.24 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.5%.

The global satellite manufacturing and launch system market has experienced significant growth in recent years, driven by advancements in satellite technology and increasing demand for satellite-based services. Despite the negative impact of the pandemic, the market is projected to rebound and grow steadily over the forecast period.

The Pandemic brought unprecedented challenges to the satellite manufacturing and launch system market, resulting in a decline in demand and disruptions in supply chains. The pandemic forced companies to reassess their operations and strategies, leading to delays in satellite manufacturing and launch projects. However, with the gradual easing of restrictions and the resumption of economic activities, the market is expected to recover and witness significant growth in the coming years.

Factors such as increasing investments in space exploration, growing demand for satellite-based communication and navigation services, and technological advancements in satellite manufacturing and launch systems are expected to drive market growth. Additionally, the emergence of new players and the expansion of satellite constellation projects are likely to create opportunities for market expansion. Overall, despite the challenges posed by the COVID-19 pandemic, the global satellite manufacturing and launch system market is poised for robust growth in the foreseeable future.

  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 Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Technological Advancements in Satellite Manufacturing
        2. Growing Demand for Satellite-Based Services
        3. Government Investments in Space Exploration
      2. Restraints:
        1. Regulatory Challenges and Compliance
        2. High Initial Investment Costs
        3. Geopolitical Tensions and Trade Restrictions
      3. Opportunities:
        1. Increasing Demand for Small Satellites
        2. Technological Innovation and Advancements
        3. Growth in Emerging Markets
    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 Systems Market, By Type, 2021 - 2031 (USD Million)
      1. Satellite Manufacturing
      2. Satellite Launch Systems
    2. Global Satellite Manufacturing and Launch Systems 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 Systems Market, By End Use, 2021 - 2031 (USD Million)
      1. Commercial
      2. Military
    4. Global Satellite Manufacturing and Launch Systems 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. Lockheed Martin Corporation
      2. Northrop Grumman Corporation
      3. ArianeGroup
      4. The Boeing Company
      5. Sierra Nevada Corporation
      6. Thales Group
      7. Dynetics Inc
      8. SpaceQuest Ltd
      9. Space Exploration Technologies Corp
  7. Analyst Views
  8. Future Outlook of the Market