Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global small launch vehicle market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.
Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the small launch vehicle industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global small launch vehicle industry.
Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global small launch vehicle market is expected to reach $29.06 billion by 2033, growing by 13.5% annually over the coming years.
Segmentation Analysis
Highlighted with 94 tables and 108 figures, this 209-page report represents a 360-degree view on the global market with extensively detailed segmentations Satellite Mass, Subsystem, Propulsion Type, Platform Type, Reusability, Service Type, End User, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.
By Satellite Mass
• Up To 500 Kg
• 501-2200 Kg
By Subsystem
• Structure
• Guidance, Navigation & Control Systems
• Propulsion Systems
• Telemetry, Tracking & Command Systems
• Electrical Power
• Separation Systems
• Other Subsystems
By Propulsion Type
• Solid
• Liquid
• Hybrid
By Platform Type
• Land
• Air
• Sea
• Balloon
By Reusability
• Reusable SLV
• Single-use/Expendable SLV
By Service Type
• Pre-Launch Service
o Launch Acquisition & Coordination
o Management Services
o Integration & Logistics
o Insurance
o Licensing & Regulatory
• Post-Launch Service
o Launch and Early Operations Phase (LEOP)
o Tracking, Data & Telemetry Support
o Re-Supply Missions
o Stabilization
o Other Post-Launch Services
By End User
• Academic
• Commercial
• Government
• Military and Defense
• Non-Profit Organization
By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Iran, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Satellite Mass, Propulsion Type, and Platform Type over the forecast years are also included.
Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• ABL Space Systems
• Agnikul Cosmos Private Limited
• Arianespace
• Astra Space, Inc.
• China Aerospace Science and Technology Corporation (CASC)
• CubeCab
• EUROCKOT Launch Services GmbH
• Firefly Aerospace Inc.
• Galactic Energy (Beijing) Space Technology Co., LTD.
• Gilmour Space Technologies
• HyImpulse Technologies GmbH
• IHI Aerospace Co., Ltd.
• Interorbital System
• Israel Aerospace Industries Ltd.
• Northrop Grumman Corporation
• Orbex
• PLD Space
• Rocket Lab USA, Inc.
• Skyroot Aerospace Private Limited
• Vaya Space, Inc.
1 Introduction 11
1.1 Industry Definition and Research Scope 11
1.1.1 Industry Definition 11
1.1.2 Research Scope 12
1.2 Research Methodology 15
1.2.1 Overview of Market Research Methodology 15
1.2.2 Market Assumption 16
1.2.3 Secondary Data 16
1.2.4 Primary Data 16
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on World Economy 25
2.1.2 Impact of COVID-19 on the Market 29
2.1.3 Impact of Russia-Ukraine Conflict 31
2.1.4 Impact of Israel-Palestine War 33
2.2 Major Growth Drivers 34
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 43
2.5 Porter’s Fiver Forces Analysis 46
3 Segmentation of Global Market by Satellite Mass 50
3.1 Market Overview by Satellite Mass 50
3.2 Up To 500 Kg 53
3.3 501-2200 Kg 54
4 Segmentation of Global Market by Subsystem 55
4.1 Market Overview by Subsystem 55
4.2 Structure 58
4.3 Guidance, Navigation & Control Systems 59
4.4 Propulsion Systems 60
4.5 Telemetry, Tracking & Command Systems 61
4.6 Electrical Power 62
4.7 Separation Systems 63
4.8 Other Subsystems 64
5 Segmentation of Global Market by Propulsion Type 65
5.1 Market Overview by Propulsion Type 65
5.2 Solid 68
5.3 Liquid 69
5.4 Hybrid 70
6 Segmentation of Global Market by Platform Type 71
6.1 Market Overview by Platform Type 71
6.2 Land 76
6.3 Air 77
6.4 Sea 78
6.5 Balloon 79
7 Segmentation of Global Market by Reusability 80
7.1 Market Overview by Reusability 80
7.2 Reusable SLV 83
7.3 Single-use/Expendable SLV 84
8 Segmentation of Global Market by Service Type 85
8.1 Market Overview by Service Type 85
8.2 Pre-Launch Service 88
8.3 Post-Launch Service 90
9 Segmentation of Global Market by End User 92
9.1 Market Overview by End User 92
9.2 Academic 95
9.3 Commercial 96
9.4 Government 97
9.5 Military and Defense 98
9.6 Non-Profit Organization 99
10 Segmentation of Global Market by Region 100
10.1 Geographic Market Overview 2023-2033 100
10.2 North America Market 2023-2033 by Country 105
10.2.1 Overview of North America Market 105
10.2.2 U.S. 109
10.2.3 Canada 112
10.2.4 Mexico 114
10.3 European Market 2023-2033 by Country 116
10.3.1 Overview of European Market 116
10.3.2 Germany 120
10.3.3 U.K. 122
10.3.4 France 124
10.3.5 Spain 126
10.3.6 Italy 128
10.3.7 Russia 130
10.3.8 Rest of European Market 132
10.4 Asia-Pacific Market 2023-2033 by Country 134
10.4.1 Overview of Asia-Pacific Market 134
10.4.2 Japan 138
10.4.3 China 141
10.4.4 Australia 143
10.4.5 India 145
10.4.6 South Korea 147
10.4.7 Rest of APAC Region 149
10.5 South America Market 2023-2033 by Country 151
10.5.1 Argentina 155
10.5.2 Brazil 157
10.5.3 Chile 159
10.5.4 Rest of South America Market 161
10.6 MEA Market 2023-2033 by Country 162
10.6.1 UAE 166
10.6.2 Saudi Arabia 168
10.6.3 Iran 170
10.6.4 Other National Markets 172
11 Competitive Landscape 173
11.1 Overview of Key Vendors 173
11.2 New Product Launch, Partnership, Investment, and M&A 178
11.3 Company Profiles 179
ABL Space Systems 179
Agnikul Cosmos Private Limited 181
Arianespace 182
Astra Space, Inc. 183
China Aerospace Science and Technology Corporation (CASC) 184
CubeCab 185
EUROCKOT Launch Services GmbH 186
Firefly Aerospace Inc. 187
Galactic Energy (Beijing) Space Technology Co., LTD. 188
Gilmour Space Technologies 189
HyImpulse Technologies GmbH 190
IHI Aerospace Co., Ltd. 191
Interorbital System 192
Israel Aerospace Industries Ltd. 193
Northrop Grumman Corporation 194
Orbex 195
PLD Space 196
Rocket Lab USA, Inc. 197
Skyroot Aerospace Private Limited 198
Vaya Space, Inc. 199
12 Investing in Small Launch Vehicle Industry: Risk Assessment and Management 200
12.1 Risk Evaluation of Global Market 200
12.2 Critical Success Factors (CSFs) 206
RELATED REPORTS 209
List of Tables:
Table 1. Snapshot of Global Small Launch Vehicle Market in Balanced Perspective, 2023-2033 21
Table 2. World Economic Outlook, 2024-2036 26
Table 3. World Economic Outlook, 2022-2024 28
Table 4. Scenarios for Economic Impact of Ukraine Crisis 32
Table 5. Scenarios for Economic Impact of Israel-Palestine War 33
Table 6. R&D Projects 37
Table 7. Main Product Trends and Market Opportunities in Global Small Launch Vehicle Market 43
Table 8. Global Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 51
Table 9. Global Small Launch Vehicle Market by Subsystem, 2023-2033, $ mn 56
Table 10. Global Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 66
Table 11. Global Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 72
Table 12. List of Vehicles by Platform Type 74
Table 13. Global Small Launch Vehicle Market by Reusability, 2023-2033, $ mn 81
Table 14. Global Small Launch Vehicle Market by Service Type, 2023-2033, $ mn 86
Table 15. Global Small Launch Vehicle Market: Pre-Launch Service by Type, 2023-2033, $ mn 89
Table 16. Global Small Launch Vehicle Market: Post-Launch Service by Type, 2023-2033, $ mn 91
Table 17. Global Small Launch Vehicle Market by End User, 2023-2033, $ mn 93
Table 18. Global Small Launch Vehicle Market by Region, 2023-2033, $ mn 102
Table 19. Leading National Small Launch Vehicle Market, 2023 and 2033, $ mn 104
Table 20. North America Small Launch Vehicle Market by Country, 2023-2033, $ mn 107
Table 21. U.S. Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 111
Table 22. U.S. Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 111
Table 23. U.S. Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 111
Table 24. Canada Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 113
Table 25. Canada Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 113
Table 26. Canada Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 113
Table 27. Mexico Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 115
Table 28. Mexico Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 115
Table 29. Mexico Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 115
Table 30. Europe Small Launch Vehicle Market by Country, 2023-2033, $ mn 118
Table 31. Germany Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 121
Table 32. Germany Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 121
Table 33. Germany Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 121
Table 34. U.K. Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 123
Table 35. U.K. Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 123
Table 36. U.K. Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 123
Table 37. France Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 125
Table 38. France Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 125
Table 39. France Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 125
Table 40. Spain Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 127
Table 41. Spain Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 127
Table 42. Spain Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 127
Table 43. Italy Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 129
Table 44. Italy Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 129
Table 45. Italy Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 129
Table 46. Russia Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 131
Table 47. Russia Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 131
Table 48. Russia Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 131
Table 49. Small Launch Vehicle Market in Rest of Europe by Country, 2023-2033, $ mn 133
Table 50. APAC Small Launch Vehicle Market by Country, 2023-2033, $ mn 136
Table 51. Japan Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 140
Table 52. Japan Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 140
Table 53. Japan Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 140
Table 54. China Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 142
Table 55. China Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 142
Table 56. China Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 142
Table 57. Australia Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 144
Table 58. Australia Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 144
Table 59. Australia Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 144
Table 60. India Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 146
Table 61. India Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 146
Table 62. India Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 146
Table 63. South Korea Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 148
Table 64. South Korea Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 148
Table 65. South Korea Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 148
Table 66. Small Launch Vehicle Market in Rest of APAC by Country/Region, 2023-2033, $ mn 150
Table 67. South America Small Launch Vehicle Market by Country, 2023-2033, $ mn 153
Table 68. Argentina Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 156
Table 69. Argentina Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 156
Table 70. Argentina Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 156
Table 71. Brazil Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 158
Table 72. Brazil Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 158
Table 73. Brazil Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 158
Table 74. Chile Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 160
Table 75. Chile Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 160
Table 76. Chile Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 160
Table 77. MEA Small Launch Vehicle Market by Country, 2023-2033, $ mn 164
Table 78. UAE Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 167
Table 79. UAE Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 167
Table 80. UAE Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 167
Table 81. Saudi Arabia Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 169
Table 82. Saudi Arabia Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 169
Table 83. Saudi Arabia Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 169
Table 84. Iran Small Launch Vehicle Market by Satellite Mass, 2023-2033, $ mn 171
Table 85. Iran Small Launch Vehicle Market by Propulsion Type, 2023-2033, $ mn 171
Table 86. Iran Small Launch Vehicle Market by Platform Type, 2023-2033, $ mn 171
Table 87. Comparison of SLV Providers 175
Table 88. ABL Space Systems: Company Snapshot 179
Table 89. ABL Space Systems: Business Segmentation 180
Table 90. ABL Space Systems: Product Portfolio 180
Table 91. List of Risk Factors and Weight Percentages/Theoretical Maximum 201
Table 92. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 202
Table 93. Risk Evaluation for Investing in Global Market, 2023-2033 203
Table 94. Critical Success Factors and Key Takeaways 207
