New Space / Commercial Space Market - Forecast (2022 - 2027) - PowerPoint PPT Presentation

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New Space / Commercial Space Market - Forecast (2022 - 2027)

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The Global New Space/Commercial Space market size is forecast to reach $23.6 billion by 2026, growing at a CAGR of 11.2% from 2021 to 2026. – PowerPoint PPT presentation

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Title: New Space / Commercial Space Market - Forecast (2022 - 2027)


1
New Space / Commercial Space MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The Global New Space/Commercial Space market size
    is forecast to reach 23.6 billion by 2026,
    growing at a CAGR of 11.2 from 2021 to 2026.
  • The market growth is attributed to technological
    advancements creating demand for more
    cost-effective space operations. Moreover, the
    expansion of private investment from new space
    investors has been also positively impacting the
    growth of new space/commercial space market.
  • Rapid evolution of space sector overtime have
    eventually raised the transformation bar in space
    ecosystem, driving more space related exploration
    and research activities, which in turn also
    impact its market growth

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3
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  • Key Takeaways
  • Satellite IoT segment is analyzed to witness the
    fastest growth in the new space/commercial space
    market during 2021-2026, due to growing
    development of IoT based satellites.
  • Military sector will grow with the highest CAGR
    during the forecast period 2021-2026, due to
    military investments on space exploration.
  • North America had accounted for the largest share
    in 2020, due to growing demand for small
    satellites, rise of space observation mission and
    others.

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4
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  • New Space/Commercial Space Market Segment
    Analysis - By End Users
  • Military sector is analyzed to witness the
    fastest growth in the global new space/commercial
    space market with the highest CAGR of around 6.3
    during 2021-2026.
  • Rise of military security threats have been
    eventually raising the need for increasing
    satellite communication services as a part of
    ensuring intelligence, surveillance
    and reconnaissance application areas.

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5
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  • New Space/Commercial Space Market Landscape
  • Blue Origin LLC
  • Masten Space Systems
  • Stratolaunch LLC
  • Virgin Galactic
  • XCOR Aerospace, Inc.
  • Space Exploration Technologies Corp. (SpaceX)
  • Northrop Grumman Corporation
  • ORBCOMM Inc.
  • Orbit International Corporation
  • Orbital Sciences Corporation (Orbital ATK)

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6
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New Space / Commercial Space Market Learn More
About the Report _at_ https//lynxshort.com/8m6t2
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_
  • https//lynxshort.com/wkrsq

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com
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