Commercial Satellite Launch Service Industry Analysis, Statistics & Forecast To 2024

1
Commercial Satellite Launch Service Market
Trends, Growth Forecast, 2018 - 2024
2
Key Insights from Commercial Satellite Launch
Service Market

• As the demand for navigation facilities to detect
  destinations across the globe has been
  escalating, many private technology companies and
  regional governments have involved themselves in
  the development of diverse spacecraft, boosting
  commercial satellite launch service industry
  share.
• Titled Apstar 6C, the satellite is deemed to be
  useful for maintaining in-flight connectivity,
  DTH television broadcasts, video distribution
  services, and cellular backhaul capacity across
  Southeast Asia, Mongolia, and China.
• Most of the Chinese companies are increasingly
  working on remote sensing satellites, owing to
  its numerous benefits for various practical
  applications. Remote sensing satellites are
  prominently useful for disaster management,
  forestry, agriculture, water management, urban
  planning, and weather forecast.
• As the Chinese aerospace and technology companies
  continue to brainstorm new ideas about the
  deployment of satellites for practical purposes,
  the regional commercial satellite launch service
  market share is likely to witness an incline.

3
Continued...

• Many spacecraft companies have been making heavy
  investments to develop next-generation satellites
  by 2020. In addition, many governments are
  implementing several product innovation
  strategies to encourage satellite manufacturers
  to get involved in novel product development.
• Validating the aforementioned fact, the U.S.
  government recently deployed a policy to reduce
  the cost and stimulate innovations that would
  impact the future of commercial satellite launch
  service market.
• Several companies across the private sector have
  been developing novel spacecraft for commercial
  purposes, aided by a supportive governmental
  framework. The U.S. Federal Aviation
  Administration (FAA) for instance, recommends
  changes in the policies, regulations, plans,
  procedures, treaties, and federal statutes and
  approves commercial satellite launches in the
  United States.
• The escalating need of digitization across the
  globe is expected to encourage companies to
  develop satellites for improving communication,
  weather broadcasting, television broadcasting,
  and more.

4

Latest Research Report On Commercial Satellite
Launch Service Market _at_ https//www.fractovia.org/
news/industry-research-report/commercial-satellite
-launch-service-market Request for a sample
of this research report _at_ https//www.fractovia.or
g/request-sample/921
5
U.S. Commercial Satellite Launch Service Market,
By Orbit, 2017 2024, (USD Million)

6
Major Companies in Commercial Satellite Launch
Service Market

• Antrix Corporation Limited,
• China Aerospace Science and Technology
  Corporation (CASC),
• Arianespace SA,
• International Launch Services (ILS),
• Eurockot Launch Services,
• International Space Company Kosmotras,
• Orbital ATK Inc,
• Mitsubishi Heavy Industries, Ltd.

7
Regional Insights in Commercial Satellite Launch
Service Market

• For the record, in 2015, the global spending on
  space activity reached USD 323 billion, out of
  which about 37 was held by commercial
  infrastructure companies and 40 was held by
  commercial space products and services. Moreover,
  the U.S. government alone accounted for 14 of
  the worldwide spending on space research and
  satellite manufacturing, making the United States
  a viable growth ground for commercial satellite
  launch service market.
• China has indeed, been attempting to remain at
  the forefront as far as satellite launches are
  considered. Recently, APT Satellite Holdings
  collaborated with China Great Wall Industry
  Corporation and arranged for spacecraft launch
  services in the nation. As early as April 2018,
  China successfully sent five small remote sensing
  satellites through a solid-propellant rocket into
  orbit, while in June 2018, the country announced
  to have planned to launch a couple of remote
  sensing satellites for Pakistan. Chinas efforts
  to enhance Pakistans space capability and ensure
  that it emerges self-reliant with regards to
  remote sensing satellites for multi-spectral
  imaging is likely to fuel the regional commercial
  satellite launch service industry outlook.

8
Stay In Touch Website www.gminsights.com Soci
al Media