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    Commercial Satellite Launch Service Market Report

    Commercial Satellite Launch Service Market Report
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    Commercial Satellite Launch Service Market Size, Share, Trend, Forecast, & Industry An See more...

    Impact of COVID-19 on Commercial Satellite Launch Service Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Commercial Satellite Launch Service Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Commercial Satellite Launch Service Market is likely to witness a CAGR of 7.5% during the forecast period. Major factors such as increasing demand for commercial satellites for applications such as internet and GPS is expected to drive the growth of the market. In addition, investments from large number of vendors, technology advancements, and surge in the number of satellites, television, broadband, and radio subscribers are expected to fuel the growth of the market during the forecast period.

    Commercial Satellite Launch Service Market – Snapshot

    Growth

    7.5% for the next five years

    Major Orbit Type

    LEO

    Major Size Type

    Medium

    Region with the highest demand

    North America

    Key Players

    Antrix Corporation Limited, Ariane Group, Boeing, Commercial Space Technologies Ltd., COSMOS International, Eurockot Launch Services GmbH, GK Launch Services, ISRO, Lockheed Martin Corporation, and NASA

    Segments' Analysis

    Commercial-Satellite-Launch-Service-Market-Dominant-Segments

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    Commercial Satellite Launch Service Market Share: By Orbit Type

    Based on the orbit type, the market is segmented as LEO, MEO, GEO, and HEO. LEO is expected to witness significant growth rate in the market during the forecast period owing to low initial cost, less deployment time, and for providing connectivity to remote areas. 

    Commercial Satellite Launch Service Market Share: By Size Type

    Based on the size type, the market is segmented as large, medium, small, and micro. The medium size segment is anticipated to register high growth rate in the market owing to its attributes such as government initiatives, low-cost launchers, and technological development.

    Commercial Satellite Launch Service Market Share: By Region

    In terms of regions, North America is estimated to be the leading region in the market owing to the factor that the region is home to large space agencies such as NASA and SpaceX. These companies are the growth engines of the region contributing to the growing demand for commercial satellite launch service products during the forecast period. In addition, commercial investment and government initiatives promoting space research activities are further expected to fuel the market growth over the forecast period. Asia-Pacific and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Commercial-Satellite-Launch-Service-Market-By-Region

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    Market Scope & Segmentation

    Satellite launch service is a type of service which specializes in launching spacecraft. Satellite is an object in space that orbits a planet or star. This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Commercial Satellite Launch Service Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The commercial satellite launch service market is segmented into the following categories.

    Commercial Satellite Launch Service Market Size, Share, & Forecast, by Orbit Type:

    • LEO (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • MEO (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • GEO (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • HEO (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Commercial Satellite Launch Service Market Size, Share, & Forecast, by Size Type:

    • Large (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medium (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Small (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Micro (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Commercial Satellite Launch Service Market Size, Share, & Forecast, by Application Type:

    • Navigation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Communication (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Reconnaissance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Weather Forecasting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Remote Sensing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Commercial Satellite Launch Service Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Commercial-Satellite-Launch-Service-Market-Segmentation

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    Key Players

    Some of the key players in the commercial satellite launch service market are-

    • Antrix Corporation Limited
    • Ariane Group
    • Boeing
    • Commercial Space Technologies Ltd.
    • COSMOS International
    • Eurockot Launch Services GmbH
    • GK Launch Services
    • ISRO
    • Lockheed Martin Corporation
    • NASA

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the size types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The commercial satellite launch service market is expected to witness an impressive growth of 7.5% CAGR in the foreseeable future.

    Antrix Corporation Limited, Ariane Group, Boeing, Commercial Space Technologies Ltd., COSMOS International, Eurockot Launch Services GmbH, GK Launch Services, ISRO, Lockheed Martin Corporation, and NASA are among the key players in the commercial satellite launch service market.

    North America is expected to be the leading commercial satellite launch service market during the forecast period.

    The medium size segment is expected to register high growth in the commercial satellite launch service market in the coming years.

    LEO is expected to witness significant growth rate in the commercial satellite launch service market during the next five years.

    Increasing demand for commercial satellites for applications such as internet and GPS, investments from large number of vendors, technology advancements, and surge in the number of satellites are the factors driving the growth of commercial satellite launch service market.

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