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Satellite Manufacturing and Launch System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 140 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5701054
Description Jump to:
The global satellite manufacturing and launch system market size reached US$ 19.4 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 25.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.

A satellite is a human-made spacecraft manufactured to orbit the Earth and other celestial objects to retrieve and process topographical information. Satellites are usually made using light-weight metals such as titanium and aluminum, along with composites and alloys, including aluminum-beryllium and nickel-cadmium. Currently, satellite manufacturing and launch organizations deal with Low Earth Orbit (LEO), geostationary (GEO) and sun-synchronous orbit satellites, which are used for remote communication, sensing, surveillance, transmission, traffic control and telemetry.

The increasing utilization of satellites for military surveillance and related defense applications is one of the key factors driving the growth of the market. They are also used for various commercial applications, such as global positioning services (GPS), satellite-based telemetry and internet connectivity. Furthermore, a reduction in the overall launch costs of satellites is another factor providing a boost to the market growth. Additionally, miniaturization of satellites with increased payload capabilities is also creating a positive outlook for the market. These satellites are compact in size and enable additional load on a single launch vehicle, which enhances the profit margins for the organizations. They are considered as one of the most effective solutions for cost reduction while ensuring optimum performance. Apart from being used indirectly to operate larger satellites, they are also widely utilized by research institutes and universities for technology demonstration sessions. Other factors, including the utilization of 3D technology in the manufacturing process, along with the implementation of favorable government policies to promote space research and increasing investments in research and development (R&D) by the private sector, are projected to drive the market further.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global satellite manufacturing and launch system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on segment, satellite type, application and end-use sector.

Breakup by Segment:

  • Satellite Manufacturing
  • Satellite Launch System

Breakup by Satellite Type:

  • LEO (Low Earth Orbit) Satellites
  • MEO (Middle Earth Orbit) Satellites
  • GEO (Geosynchronous Equatorial Orbit) Satellites
  • Beyond GEO Satellites

Breakup by Application:

  • Commercial Communications
  • Government Communications
  • Earth Observation Services
  • Research and Development
  • Navigation
  • Military Surveillance
  • Scientific Applications
  • Others

Breakup by End-Use Sector:

  • Military and Government
  • Commercial
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Russia
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being Airbus SE, Arianespace SA, Blue Origin LLC, Boeing, Geooptics Inc., Innovative Solutions in Space (ISISPACE) Group, Lockheed Martin Corporation, Northrop Grumman Corporation., Raytheon Company, Space Exploration Technologies Corporation, Thales Group, Viasat Inc., etc.

Key Questions Answered in This Report

1. What was the size of the global satellite manufacturing and launch system market in 2022?
2. What is the expected growth rate of the global satellite manufacturing and launch system market during 2023-2028?
3. What has been the impact of COVID-19 on the global satellite manufacturing and launch system market?
4. What are the key factors driving the global satellite manufacturing and launch system market?
5. What is the breakup of the global satellite manufacturing and launch system market based on segment?
6. What is the breakup of the global satellite manufacturing and launch system market based on the application?
7. What is the breakup of the global satellite manufacturing and launch system market based on the end-use sector?
8. What are the key regions in the global satellite manufacturing and launch system market?
9. Who are the key players/companies in the global satellite manufacturing and launch system market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Satellite Manufacturing and Launch System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Segment
6.1 Satellite Manufacturing
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Satellite Launch System
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Satellite Type
7.1 LEO (Low Earth Orbit) Satellites
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 MEO (Middle Earth Orbit) Satellites
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 GEO (Geosynchronous Equatorial Orbit) Satellites
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Beyond GEO Satellites
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Commercial Communications
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Government Communications
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Earth Observation Services
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Research and Development
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Navigation
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Military Surveillance
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Scientific Applications
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast
9 Market Breakup by End-Use Sector
9.1 Military and Government
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Russia
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 Germany
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 United Kingdom
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Italy
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Spain
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Airbus SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Arianespace SA
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Blue Origin LLC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Boeing
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Geooptics Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Innovative Solutions in Space (ISISPACE) Group
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Lockheed Martin Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Northrop Grumman Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Raytheon Company
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Space Exploration Technologies Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Thales Group
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Viasat Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Satellite Manufacturing and Launch System Market: Major Drivers and Challenges
Figure 2: Global: Satellite Manufacturing and Launch System Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Satellite Manufacturing and Launch System Market: Breakup by Segment (in %), 2022
Figure 4: Global: Satellite Manufacturing and Launch System Market: Breakup by Satellite Type (in %), 2022
Figure 5: Global: Satellite Manufacturing and Launch System Market: Breakup by Application (in %), 2022
Figure 6: Global: Satellite Manufacturing and Launch System Market: Breakup by End-Use Sector (in %), 2022
Figure 7: Global: Satellite Manufacturing and Launch System Market: Breakup by Region (in %), 2022
Figure 8: Global: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Satellite Manufacturing and Launch System (Satellite Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Satellite Manufacturing and Launch System (Satellite Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Satellite Manufacturing and Launch System (Satellite Launch System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Satellite Manufacturing and Launch System (Satellite Launch System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Satellite Manufacturing and Launch System (Low Earth Orbit Satellites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Satellite Manufacturing and Launch System (Low Earth Orbit Satellites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Satellite Manufacturing and Launch System (Middle Earth Orbit Satellites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Satellite Manufacturing and Launch System (Middle Earth Orbit Satellites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Satellite Manufacturing and Launch System (Geosynchronous Equatorial Orbit Satellites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Satellite Manufacturing and Launch System (Geosynchronous Equatorial Orbit Satellites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Satellite Manufacturing and Launch System (Beyond GEO Satellites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Satellite Manufacturing and Launch System (Beyond GEO Satellites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Satellite Manufacturing and Launch System (Commercial Communications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Satellite Manufacturing and Launch System (Commercial Communications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Satellite Manufacturing and Launch System (Government Communications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Satellite Manufacturing and Launch System (Government Communications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Satellite Manufacturing and Launch System (Earth Observation Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Satellite Manufacturing and Launch System (Earth Observation Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Satellite Manufacturing and Launch System (Research and Development) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Satellite Manufacturing and Launch System (Research and Development) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Satellite Manufacturing and Launch System (Navigation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Satellite Manufacturing and Launch System (Navigation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Satellite Manufacturing and Launch System (Military Surveillance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Satellite Manufacturing and Launch System (Military Surveillance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Satellite Manufacturing and Launch System (Scientific Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Satellite Manufacturing and Launch System (Scientific Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Satellite Manufacturing and Launch System (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Satellite Manufacturing and Launch System (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Satellite Manufacturing and Launch System (Military and Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Satellite Manufacturing and Launch System (Military and Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Satellite Manufacturing and Launch System (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Satellite Manufacturing and Launch System (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Satellite Manufacturing and Launch System (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Satellite Manufacturing and Launch System (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: North America: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: North America: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: United States: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: United States: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Canada: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Canada: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Asia Pacific: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Asia Pacific: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: China: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: China: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Japan: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Japan: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: India: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: India: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: South Korea: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: South Korea: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Australia: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Australia: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Indonesia: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Indonesia: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Europe: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Europe: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Russia: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Russia: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: France: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: France: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Germany: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Germany: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: United Kingdom: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: United Kingdom: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Italy: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Italy: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Spain: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Spain: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Latin America: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Latin America: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Brazil: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Brazil: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Mexico: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Mexico: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Others: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Others: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Middle East and Africa: Satellite Manufacturing and Launch System Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Middle East and Africa: Satellite Manufacturing and Launch System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Global: Satellite Manufacturing and Launch System Industry: SWOT Analysis
Figure 92: Global: Satellite Manufacturing and Launch System Industry: Value Chain Analysis
Figure 93: Global: Satellite Manufacturing and Launch System Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Satellite Manufacturing and Launch System Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Satellite Manufacturing and Launch System Market Forecast: Breakup by Segment (in Million US$), 2023-2028
Table 3: Global: Satellite Manufacturing and Launch System Market Forecast: Breakup by Satellite Type (in Million US$), 2023-2028
Table 4: Global: Satellite Manufacturing and Launch System Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Satellite Manufacturing and Launch System Market Forecast: Breakup by End-Use Sector (in Million US$), 2023-2028
Table 6: Global: Satellite Manufacturing and Launch System Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Satellite Manufacturing and Launch System Market Structure
Table 8: Global: Satellite Manufacturing and Launch System Market: Key Players

Companies Mentioned

  • Airbus SE
  • Arianespace SA
  • Blue Origin LLC
  • Boeing
  • Geooptics Inc.
  • Innovative Solutions in Space (ISISPACE) Group
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation.
  • Raytheon Company
  • Space Exploration Technologies Corporation
  • Thales Group
  • Viasat Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages140
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 19.4 Billion
Forecasted Market Value ( USD ) by 2028 $ 25 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal
No. of Companies Mentioned12

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