Small Launch Vehicle Market Report: Researching Growth and Sizing for Competitive Advantage
The global small launch vehicle market size was USD 1.05 Billion in 2021 and is expected to register a revenue CAGR of 13.2% during the forecast period. according to the latest analysis by Emergen Research. Market revenue growth of small launch vehicles can be attributed to the growing demand for dedicated launch vehicles for small satellites. Demand for small launch vehicles is increasing due to increasing association among space agencies for shared launches, where larger satellite determines the launch date and orbital path. These constraints result in several limitations so that the operators fail to realize the full potential of a small satellite\'s mission, thus creating an increased demand for small launch vehicles. NASA’s CubeSat Launch Initiative was launched to provide the design of standard picosatellites for reduced cost and development time, increase space accessibility, and sustain frequent launches. The project is an international collaboration of over 100 universities, high schools, and private firms developing picosatellites containing scientific, private, and government payloads.
The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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Competitive Terrain:
The global Small Launch Vehicle industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Blue Origin, LLC, Space Exploration Technologies Corp (SpaceX), Interorbital Systems Corporation, Arianespace SA, CubeCab, Israel Aerospace Industries Ltd., China Aerospace Science and Technology Corporation, Lockheed Martin Corporation, Spacefleet Ltd., Northrop Grumman Corporation, and IHI Corporation
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Additional information offered by the report:
- Along with a complete overview of the global Small Launch Vehicle market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Small Launch Vehicle market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Platform Outlook (Revenue, USD Billion; 2019–2030)
- Land
- Sea
- Air
- Balloon
Payload Range Outlook (Revenue, USD Billion; 2019–2030)
- 0-500 Kg
- 501-2,200 Kg
Propellant Outlook (Revenue, USD Billion; 2019–2030)
- Solid
- Liquid
- Hybrid
Radical Highlights of the Small Launch Vehicle Market Report:
- Comprehensive overview of the Small Launch Vehicle market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Small Launch Vehicle market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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