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Technavio has announced its latest market research report titled Global Satellite Manufacturing and Launch Market 2022-2026
Major Vendors in the Satellite Manufacturing and Launch Market:
Airbus Group SE: The company offers satellite manufacturing and launching services such as manufacturing of wind sensing satellite Aeolus and pollution monitoring satellite Sentinel 5P.
ArianeGroup: The company offers satellite manufacturing and launching services such as production and launching of environmental monitoring satellite Envisat.
Axelspace Corp.: The company offers satellite manufacturing and launching services such as AxelLiner for manufacturing micro satellites.
Blue Origin Enterprises LP: The company offers satellite manufacturing and launching services such as New Shepard.
GeoOptics Inc.: The company offers satellite manufacturing and launching services such as commercial satellites and next generation air craft launch.
Honeywell International Inc.: The company offers satellite manufacturing and launching services such as manufacturing satellite hardware.
Israel Aerospace Industries Ltd.: The company offers satellite manufacturing and launching services for commercial satellites such as AMOS series.
Leidos Holdings Inc.
Lockheed Martin Corp.
Maxar Technologies Inc.
Mitsubishi Electric Corp.
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Key Growth Driver:
The market is driven by the reduction in associative launch cost. Several companies that offer launch services for satellites are investing in R&D to develop cost-effective launch systems. Also, the highly competitive nature of the satellite industry is resulting in a decrease in the cost of launching satellites. For instance, before the release of the Ariane 6 rocket in 2020, Arianespace, which is a part of ArianeGroup, has decided to decrease its satellite launch fee by 40% to compete with SpaceX. The decision was a strategic move as the company was contending for two major launch contracts in APAC, which were scheduled for release in 2019. Besides, the advent of reusable satellite launch vehicles such as the Falcon 9, which is offered by SpaceX, is also decreasing the total cost of satellite launches. As a result of these factors, the size of the global satellite manufacturing and launch market is expected to increase over the forecast period. Get highlights into the impact of drivers, trends, and challenges on the growth of the market. Download Free Sample Report Now
Segmentation Analysis:
Satellite Manufacturing and Launch Market Application Outlook (Revenue, USD Billion, 2021-2026)
Communication satellite – size and forecast 2021-2026
Military surveillance – size and forecast 2021-2026
Earth observation satellite – size and forecast 2021-2026
Navigation satellite – size and forecast 2021-2026
Others – size and forecast 2021-2026
The communication satellite segment will have the largest share of the market. The surging demand for new satellites due to the rapid expansion of coverage area for mobile data services is driving the growth of the segment. Also, the expansion of satellite broadband internet services and an increase in the demand for direct-to-home (DTH) services are contributing to the growth of the segment.
Satellite Manufacturing and Launch Market Product Outlook (Revenue, USD Billion, 2021-2026)
Satellite launch – size and forecast 2021-2026
Launch services – size and forecast 2021-2026
The satellite launch segment accounted for maximum revenue generation in the market in 2021. The increasing demand for satellites for a plethora of applications ranging from military surveillance, communications, and navigation to earth observation is driving the grow of the segment. In addition, increased investments by several countries in the development of indigenous satellite programs is contributing to the segment’s growth.
Satellite Manufacturing and Launch Market Geographic Outlook (Revenue, USD Billion, 2021-2026)
North America – size and forecast 2021-2026
Europe – size and forecast 2021-2026
APAC – size and forecast 2021-2026
South America – size and forecast 2021-2026
Middle East and Africa – size and forecast 2021-2026
North America will account for 37% of the global market share over the forecast period. The presence of prominent satellite manufacturing and launch firms such as NASA and SpaceX has propelled the satellite industry in North America.
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Related Reports:
The military satellite payloads and subsystems market share is expected to increase by USD 2.3 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.18%. The market is segmented by type (optical sensors and other sensors payload, avionics and subsystems, and data link and communication systems) and geography (North America, Europe, APAC, the Middle East and Africa, and South America).
The satellite-based earth observation market share is expected to increase by USD 1.32 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.49%. The market is segmented by application (defense , weather, LBS, energy, and other applications), type (VAS and data), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
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Satellite Manufacturing And Launch Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.4% |
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Market growth 2022-2026 |
USD 3.91 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
3.0 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 37% |
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Key consumer countries |
US, Canada, China, Japan, UK, and Germany |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Airbus Group SE, ArianeGroup, Axelspace Corp., Blue Origin Enterprises LP, GeoOptics Inc., Honeywell International Inc., Israel Aerospace Industries Ltd., Leidos Holdings Inc., Lockheed Martin Corp., Maxar Technologies Inc., Mitsubishi Electric Corp., Northrop Grumman Corp., OHB SE, Raytheon Technologies Corp., Rocket Lab USA Inc., RUAG International Holding Ltd., Sierra Nevada Corp., Space Exploration Technologies Corp., Thales, and The Boeing Co. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 14: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 18: Five forces analysis – Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 24: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Application
5.1 Market segments
Exhibit 25: Chart on Application – Market share 2021-2026 (%)
Exhibit 26: Data Table on Application – Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 27: Chart on Comparison by Application
Exhibit 28: Data Table on Comparison by Application
5.3 Communication satellite – Market size and forecast 2021-2026
Exhibit 29: Chart on Communication satellite – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Communication satellite – Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Communication satellite – Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Communication satellite – Year-over-year growth 2021-2026 (%)
5.4 Military surveillance – Market size and forecast 2021-2026
Exhibit 33: Chart on Military surveillance – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Military surveillance – Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Military surveillance – Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Military surveillance – Year-over-year growth 2021-2026 (%)
5.5 Earth observation satellite – Market size and forecast 2021-2026
Exhibit 37: Chart on Earth observation satellite – Market size and forecast 2021-2026 ($ million)
Exhibit 38: Data Table on Earth observation satellite – Market size and forecast 2021-2026 ($ million)
Exhibit 39: Chart on Earth observation satellite – Year-over-year growth 2021-2026 (%)
Exhibit 40: Data Table on Earth observation satellite – Year-over-year growth 2021-2026 (%)
5.6 Navigation satellite – Market size and forecast 2021-2026
Exhibit 41: Chart on Navigation satellite – Market size and forecast 2021-2026 ($ million)
Exhibit 42: Data Table on Navigation satellite – Market size and forecast 2021-2026 ($ million)
Exhibit 43: Chart on Navigation satellite – Year-over-year growth 2021-2026 (%)
Exhibit 44: Data Table on Navigation satellite – Year-over-year growth 2021-2026 (%)
5.7 Others – Market size and forecast 2021-2026
Exhibit 45: Chart on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 46: Data Table on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 47: Chart on Others – Year-over-year growth 2021-2026 (%)
Exhibit 48: Data Table on Others – Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Application
Exhibit 49: Market opportunity by Application ($ million)
6 Market Segmentation by Product
6.1 Market segments
Exhibit 50: Chart on Product – Market share 2021-2026 (%)
Exhibit 51: Data Table on Product – Market share 2021-2026 (%)
6.2 Comparison by Product
Exhibit 52: Chart on Comparison by Product
Exhibit 53: Data Table on Comparison by Product
6.3 Satellite launch – Market size and forecast 2021-2026
Exhibit 54: Chart on Satellite launch – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Satellite launch – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Satellite launch – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Satellite launch – Year-over-year growth 2021-2026 (%)
6.4 Launch services – Market size and forecast 2021-2026
Exhibit 58: Chart on Launch services – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Launch services – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Launch services – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Launch services – Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Product
Exhibit 62: Market opportunity by Product ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Exhibit 64: Chart on Market share by geography 2021-2026 (%)
Exhibit 65: Data Table on Market share by geography 2021-2026 (%)
8.2 Geographic comparison
Exhibit 66: Chart on Geographic comparison
Exhibit 67: Data Table on Geographic comparison
8.3 North America – Market size and forecast 2021-2026
Exhibit 68: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on North America – Year-over-year growth 2021-2026 (%)
8.4 Europe – Market size and forecast 2021-2026
Exhibit 72: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on Europe – Year-over-year growth 2021-2026 (%)
8.5 APAC – Market size and forecast 2021-2026
Exhibit 76: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on APAC – Year-over-year growth 2021-2026 (%)
8.6 South America – Market size and forecast 2021-2026
Exhibit 80: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on South America – Year-over-year growth 2021-2026 (%)
8.7 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 84: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
8.8 US – Market size and forecast 2021-2026
Exhibit 88: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on US – Year-over-year growth 2021-2026 (%)
8.9 China – Market size and forecast 2021-2026
Exhibit 92: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on China – Year-over-year growth 2021-2026 (%)
8.10 Canada – Market size and forecast 2021-2026
Exhibit 96: Chart on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on Canada – Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on Canada – Year-over-year growth 2021-2026 (%)
8.11 UK – Market size and forecast 2021-2026
Exhibit 100: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 101: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 102: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 103: Data Table on UK – Year-over-year growth 2021-2026 (%)
8.12 Germany – Market size and forecast 2021-2026
Exhibit 104: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 105: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 106: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 107: Data Table on Germany – Year-over-year growth 2021-2026 (%)
8.13 Japan – Market size and forecast 2021-2026
Exhibit 108: Chart on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 109: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 110: Chart on Japan – Year-over-year growth 2021-2026 (%)
Exhibit 111: Data Table on Japan – Year-over-year growth 2021-2026 (%)
8.14 Market opportunity by geography
Exhibit 112: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2021 and 2026
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
10.4 Industry risks
Exhibit 116: Impact of key risks on business
11 Vendor Analysis
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 158: Inclusions checklist
Exhibit 159: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 160: Currency conversion rates for US$
12.4 Research methodology
Exhibit 161: Research methodology
Exhibit 162: Validation techniques employed for market sizing
Exhibit 163: Information sources
12.5 List of abbreviations
Exhibit 164: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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