The small launch vehicle (SLV) is used to launch payloads that are made up of lightweight satellites or payloads into different orbits. The increased deployment of small and microsatellites into low earth orbit (LEO) for a variety of commercial, academic, and military applications has fueled demand for dedicated launches via SLVs. In addition, the growing use of advanced manufacturing technology to produce lightweight components and reusable launch vehicles, as well as the reduction in overall launch costs across major global sites, are some of the other factors expected to generate lucrative opportunities for the global SLV market in the next decade.
MARKET DYNAMICS
Small Launch Vehicle market growth is expected to be driven by the demand for small satellite applications in various verticals such as government, industrial, and military in the coming years. Furthermore, growing demand for small satellite constellations for satellite applications such as communication, navigation, and planet observation are key factors influencing the market for Small Launch Vehicles. Additionally, Because of the rise in demand for small satellite constellations and the substantial increase in investments by large space organizations in developing SLVs, the SLV market is projected to expand at a rapid pace. Whereas, high cost associated with the launch of small launch vehicles is expected to restrain market growth during the forecast period.
MARKET SCOPE
The "Global Small Launch Vehicle Market Analysis to 2028" is a specialized and in-depth study of the small launch vehicle market with a special focus on the global market trend analysis. The report aims to provide an overview of small launch vehicle market with detailed market segmentation by product type and application. The global small launch vehicle market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading small launch vehicle market player and offers key trends and opportunities in the small launch vehicle market.
MARKET SEGMENTATION
The global small launch vehicle market is segmented on the basis of product type and application. On the basis of product type the market is segmented as, < 20KG, 6.3.20 KG-50 KG, 6.4.50 KG- 200 KG, 6.5.200 KG- 500 KG, 200 KG. On the basis of application the market is segmented as, academic, commercial, government, defense, non-profit organizations.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global small launch vehicle market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The small launch vehicle market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting small launch vehicle market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting the factors affecting the small launch vehicle market in these regions.
MARKET PLAYERS
The reports cover key developments in the small launch vehicle market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from small launch vehicle market are anticipated to lucrative growth opportunities in the future with the rising demand for small launch vehicle market. Below mentioned is the list of few companies engaged in the small launch vehicle market.
The report also includes the profiles of key small launch vehicle market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- CubeCab
- Catena Space Ltd
- EUROCKOT Launch Services GmbH
- Israel Aerospace Industries Ltd
- Lockheed Martin Corporation
- Northrop Grumman Innovation Systems
- Rocket Lab USA, Inc.
- Space Exploration Technologies Corp.
- Boeing
- Spacefleet
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.