Space Launch Services Market Report 2026

The space launch services market size has grown rapidly in recent years. It will grow from $11.82 billion in 2025 to $13.85 billion in 2026 at a compound annual growth rate (CAGR) of 17.2%. The growth in the historic period can be attributed to growth in satellite deployment, rising government space programs, increasing defense space activities, expanding commercial space participation, rising need for global connectivity.

The space launch services market size is expected to see rapid growth in the next few years. It will grow to $24.42 billion in 2030 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to increasing space commercialization, rising deployment of LEO and MEO satellites, growing demand for navigation and surveillance systems, expanding private launch providers, rising investment in advanced launch vehicles. Major trends in the forecast period include increasing demand for commercial satellite launches, growing adoption of reusable launch technologies, rising number of government and defense space missions, expanding use of launch services for communication and navigation, increasing focus on cost efficient launch platforms.

The rising number of satellite launches worldwide is expected to support the growth of the space launch services market going forward. Satellite launch refers to the process of transporting spacecraft from the Earth’s surface into the atmosphere or placing them into orbit using carrier rockets capable of carrying payloads into space. Space launch services enhance the effectiveness of satellite missions by offering comprehensive pre-launch and post-launch support, including management services, system integration, logistics, tracking and telemetry support, and cargo handling. For instance, in October 2025, according to New America, a US-based liberal think tank, more than 10,000 operational satellites were in orbit in 2024, with Starlink accounting for approximately 60% of the total. Therefore, the increasing number of satellite launches globally is driving the growth of the space launch services market.

Companies operating in the space launch services market are increasingly focusing on developing innovative solutions such as next-generation, cost-efficient launch vehicles and reusable technologies to improve launch reliability, lower mission costs, and expand access to space. Next-generation launch vehicles are advanced rockets designed with modern materials, reusable components, and optimized propulsion systems to reduce costs while enhancing performance, reliability, and mission flexibility. For example, in December 2025, Arianespace S.A., a France-based commercial launch service provider, successfully launched South Korea’s KOMPSAT-7 (Korea Multi-Purpose Satellite-7) using a Vega C rocket from Europe’s Spaceport in French Guiana. The satellite is intended to provide high-resolution Earth observation data for applications such as environmental monitoring, disaster response, and national security. This successful launch highlighted the operational reliability of the Vega C vehicle and reinforced Arianespace’s position in the global small- and medium-satellite launch market.

In June 2023, Firefly Aerospace, a US-based commercial space company, acquired Spaceflight Inc. for an undisclosed amount. This acquisition was aimed at strengthening Firefly Aerospace’s end-to-end space transportation offerings and expanding its on-orbit service capabilities to address increasing market demand. The move also brought advanced manufacturing expertise and a skilled workforce into Firefly’s operations, supporting greater innovation and efficiency. Spaceflight Inc. is a US-based aerospace engineering company that provides space launch services by connecting customers with multiple launch providers, with a focus on small satellite deployment.

Major companies operating in the space launch services market report are Antrix Corporation Limited, Airbus SE, Arianespace SA, Blue Origin LLC, China Aerospace Science and Technology Corporation, China Great Wall Industry Corporation, Eurockot Launch Services GmbH, International Launch Services Inc., International Space Company Kosmotras, Lockheed Martin Corporation, Mitsubishi Heavy Industries Limited, Northrop Grumman Innovation Systems Inc., Rocket Lab USA Inc., Safran SA, Space Exploration Technologies Corporation, Space International Services Inc., Spaceflight Industries Inc., Starsem SA, The Boeing Company, United Launch Services LLC, Firefly Aerospace Inc., Gilmour Space Technologies Pty Ltd., iSpace Inc., Indian Space Research Organisation, Landspace Corp. Ltd., OneSpace Inc., Payload Aerospace S.L., Relativity Space, Roscosmos State Corporation, Sierra Nevada Corporation, Vector Space Systems Inc., Virgin Galactic Holdings Inc.

North America was the largest region in the space launch services market in 2025. The regions covered in the space launch services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the space launch services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The space launch services market includes revenues earned by entities by providing mission management, launching services, environmental testing, in-space logistics services, and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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