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Report

Space Launch Services Market Report and Forecast 2025-2034

Market Report I 2025-08-11 I 164 Pages I EMR Inc.

The global space launch services market stood at a value of around USD 19.32 Billion in 2024. The market is further expected to grow at a CAGR of 15.30% in the forecast period of 2025-2034 to attain a value of USD 80.22 Billion by 2034.

Increasing Demand for Satellite Launching to Bolster the Growth of the Global Space Launch Services Industry

Based on payload, the satellite segment is predicted to hold a significant market share in the space launch services industry. This growth can be attributed to the increased capital expenditure on satellite launching to enable radio wave communication and GPS navigating facilities. Meanwhile, the demand for human spacecraft for space exploration is also witnessing an increased demand, which is projected to aid the market growth in the coming years. These factors are expected to contribute to the overall market growth in the forecast period.

North America to Occupy a Significant Market Share in the Global Space Launch Services Industry

North America is estimated to hold a significant share of the space launch services industry in the forecast period. This growth can be attributed to the presence of the leading market players in the region, who are making significant investments in terms of assembly and launching process. In addition, the steadily increasing efforts to further the development of human spacecraft and space probes are also predicted to propel the market growth. For instance, NASA approved SpaceX crew mission for launch on the 31st of October . Such developments are predicted to propel the market growth in the forecast period.

Space Launch Services: Market Segmentation

Space launch services are provided by companies that specialise in launching spacecrafts. These companies construct, assemble, and launch spacecraft that serve different purposes. Mostly, spacecraft are deployed for space exploration and satellite launching purposes by the military and government agencies. However, recently the trends of space tourism are also inviting further interest in space launch services.

By payload, the market is divided into

- Satellite
- Human Spacecraft
- Cargo
- Testing Probes
- Stratollite

Market Breakup by Launch Platform

- Land
- Air
- Sea

Market Breakup by Service Type

- Pre-Launch
- Post-Launch

Market Breakup by Launch Vehicle

- Small Launch Vehicle
- Heavy Launch Vehicle

Market Breakup by End User

- Government and Military
- Commercial

Market Breakup by Region

- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa

Rising Government Investments in Space Exploration to Drive the Growth of the Global Space Launch Services Industry

The rising capital expenditures by the government to support space programmes across the countries are anticipated to propel the market growth in the forecast period. This can be attributed to the development of digital satellite connectivity infrastructure and the growing military activities. In addition, the rising interest in space exploration among the private enterprises is also anticipated to bolster the market growth in the coming years. Moreover, the increasing trend of space tourism is also predicted to augment the industry growth. For instance, in September 2021, SpaceX successfully came back into the earth's orbit, completing a 3-day mission with no professional astronauts on board. These factors are estimated to positively impact the market growth in the forecast period.

Key Industry Players in the Global Space Launch Services Market

The report gives a detailed analysis of the following key players in the global space launch services market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

- Airbus SE
- Antrix Corporation Limited
- Space Exploration Technologies Corp.(SpaceX)
- Lockheed Martin Corporation
- The Boeing Company
- Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Space Launch Services Market Analysis
5.1 Key Industry Highlights
5.2 Global Space Launch Services Historical Market (2018-2024)
5.3 Global Space Launch Services Market Forecast (2025-2034)
5.4 Global Space Launch Services Market by Payload
5.4.1 Satellite
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.1.3 Breakup by Type
5.4.1.3.1 Small satellite (less than 1000 Kg)
5.4.1.3.2 Large satellite (above 1000 Kg)
5.4.2 Human Spacecraft
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Cargo
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Testing Probes
5.4.4.1 Historical Trend (2018-2024)
5.4.4.2 Forecast Trend (2025-2034)
5.4.5 Stratollite
5.4.5.1 Historical Trend (2018-2024)
5.4.5.2 Forecast Trend (2025-2034)
5.5 Global Space Launch Services Market by Launch Platform
5.5.1 Land
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Air
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Sea
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.6 Global Space Launch Services Market by Service Type
5.6.1 Pre-Launch
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Post-Launch
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.7 Global Space Launch Services Market by Launch Vehicle
5.7.1 Small Launch Vehicle
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Heavy Launch Vehicle
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.8 Global Space Launch Services Market by End User
5.8.1 Government and Military
5.8.1.1 Historical Trend (2018-2024)
5.8.1.2 Forecast Trend (2025-2034)
5.8.2 Commercial
5.8.2.1 Historical Trend (2018-2024)
5.8.2.2 Forecast Trend (2025-2034)
5.9 Global Space Launch Services Market by Region
5.9.1 North America
5.9.1.1 Historical Trend (2018-2024)
5.9.1.2 Forecast Trend (2025-2034)
5.9.2 Europe
5.9.2.1 Historical Trend (2018-2024)
5.9.2.2 Forecast Trend (2025-2034)
5.9.3 Asia Pacific
5.9.3.1 Historical Trend (2018-2024)
5.9.3.2 Forecast Trend (2025-2034)
5.9.4 Latin America
5.9.4.1 Historical Trend (2018-2024)
5.9.4.2 Forecast Trend (2025-2034)
5.9.5 Middle East and Africa
5.9.5.1 Historical Trend (2018-2024)
5.9.5.2 Forecast Trend (2025-2034)
6 North America Space Launch Services Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Space Launch Services Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Space Launch Services Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Space Launch Services Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Space Launch Services Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 Airbus SE
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 Antrix Corporation Limited
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 Space Exploration Technologies Corp. (SpaceX)
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 Lockheed Martin Corporation
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 The Boeing Company
14.5.5.1 Company Overview
14.5.5.2 Product Portfolio
14.5.5.3 Demographic Reach and Achievements
14.5.5.4 Certifications
14.5.6 Others

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