Space Launch Services Market share research by applications and regions for 2017-2024 - PowerPoint PPT Presentation

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Space Launch Services Market share research by applications and regions for 2017-2024

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Title: Space Launch Services Market share research by applications and regions for 2017-2024


1
Space Launch Services Market Price, Trends,
Industry Outlook Forecast 2017-2024
2
Key Insights from Space Launch Services Market
  • Space Launch Services Market size will experience
    surge in demand owing to increasing satellite
    launches across the globe. Surge in demand for
    satellite launches for educational, commercial
    and military application will drive the industry
    during forecast period.
  • Increasing importance of satellites for planetary
    science, space exploration, geo information,
    telecommunication and socio-economic development
    encourage the investment is satellite technology
    across the globe. Developing nations increasing
    interest in interplanetary technology fuels the
    space launch services market.
  • Increasing orbital launch attempts globally
    support the industry growth. In 2016, total of 85
    orbital attempts are made with the U.S. and China
    contributing 22 attempts each. High success rate
    of launches owing to technical accuracy will
    encourage more attempts during the forecast
    period.

3
Continued...
  • Technological advancements in planetary and
    interplanetary satellite carrier will improve the
    service quality thereby supporting industry
    growth. For instance, SpaceX developing ITS and
    Falcon Heavy launch vehicles, United launch
    alliance (ULA) in partnership with Blue Origin is
    developing BE-4 LOX/methane engine for first
    stage booster rocket.
  • Based on service type, industry is classified as
    pre-launch and post launch services. Pre-launch
    service holds major share and will continue its
    dominance owing to increasing service providers
    and reduction in price of integration services.
  • By end user segment, it is divided into
    commercial and government military. Government
    military segment growth is attributed to
    increasing investment in orbital probe missions
    by military and facilitating better educational,
    surveillance, information collection and
    precision navigation by government sector.

4

Latest Research Report On Space Launch Services
Market _at_ https//www.gminsights.com/industry-ana
lysis/space-launch-services-market Request for
a table of content of this research report
_at_ https//www.gminsights.com/request-toc/upcoming
/2313
5
Major Companies in Space Launch Services Market
  • Antrix Corporation
  • Arianespace
  • China Aerospace Science and Technology
    Corporation
  • Eurockot Launch Services
  • ILS
  • ISC Kosmotras
  • Mitsubishi Heavy Industries
  • Orbital
  • ATK

6
Regional Insights in Space Launch Services
Market
  • North America is expected to witness significant
    growth during the forecast timeframe owing to
    strong presence of manufacturers in the region
    focusing on the business expansion. Moreover,
    presence of end-user industries dealing in
    aerospace and defense such as Boeing will further
    support the Space Launcher market demand.
  • Asia Pacific space launch services market is
    driven by governments are spending on satellite
    technology and exploration program. Countries
    such as China India strengthening their
    military and defense system will boost the
    industry revenue during forecast time frame. In
    2016, China premiered 2 new rockets supporting
    its future line of orbital satellite carriers.

7
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