Satellite Manufacturing and Launch System Market Report by Segment (Satellite Manufacturing, Satellite Launch System), Satellite Type (LEO (Low Earth Orbit) Satellites, MEO (Middle Earth Orbit) Satellites, GEO (Geosynchronous Equatorial Orbit) Satellites, Beyond GEO Satellites), Application (Commercial Communications, Government Communications, Earth Observation Services, Research and Development, Navigation, Military Surveillance, Scientific Applications, and Others), End-Use Sector (Military and Government, Commercial, and Others), and Region 2024-2032
The global satellite manufacturing and launch system market size reached US$ 20.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
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:
IMARC Group 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 2024-2032. 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 2023?
2. What is the expected growth rate of the global satellite manufacturing and launch system market during 2024-2032?
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?
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:
IMARC Group 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 2024-2032. 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 2023?
2. What is the expected growth rate of the global satellite manufacturing and launch system market during 2024-2032?
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?
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
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
