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Orbital Spaceflight Trends and Forecast
The future of the global orbital spaceflight market looks promising with opportunities in the low earth orbit, medium earth orbit, and geostationary orbit markets. The global orbital spaceflight market is expected to grow with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing need for the deployment of small satellites and increase in projects for commercial space exploration.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Orbital Spaceflight by Segment
The study includes a forecast for the global orbital spaceflight by spacecraft type, range, and region.
Orbital Spaceflight Market by Spacecraft Type [Shipment Analysis by Value from 2018 to 2030]:
• Orbital
• Rover
• Lander
Orbital Spaceflight Market by Range [Shipment Analysis by Value from 2018 to 2030]:
• Low Earth Orbit (LEO)
• Medium Earth Orbit (MEO)
• Geostationary Orbit (GEO)
Orbital Spaceflight Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Orbital Spaceflight Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies orbital spaceflight companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the orbital spaceflight companies profiled in this report include-
• Copenhagen Suborbitals
• Boeing
• Northrop Grumman Innovation Systems
• Spacex
• Pd Aerospace
• Scaled Composites
• Arca Space
• The Spaceship
• Sierra Nevada
• Blue Origin
Orbital Spaceflight Market Insights
Lucintel forecasts that orbital is expected to witness the higher growth over the forecast period.
Within this market, low earth orbit is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Orbital Spaceflight Market
Market Size Estimates: Orbital spaceflight market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Orbital spaceflight market size by spacecraft type, range, and region in terms of value ($B).
Regional Analysis: Orbital spaceflight market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different spacecraft types, ranges, and regions for the orbital spaceflight market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the orbital spaceflight market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for orbital spaceflight market?
Answer: The global orbital spaceflight market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the orbital spaceflight market?
Answer: The major drivers for this market are growing need for the deployment of small satellites and increase in projects for commercial space exploration.
Q3. What are the major segments for orbital spaceflight market?
Answer: The future of the orbital spaceflight market looks promising with opportunities in the low earth orbit, medium earth orbit, and geostationary orbit markets.
Q4. Who are the key orbital spaceflight market companies?
Answer: Some of the key orbital spaceflight companies are as follows:
• Copenhagen Suborbitals
• Boeing
• Northrop Grumman Innovation Systems
• Spacex
• Pd Aerospace
• Scaled Composites
• Arca Space
• The Spaceship
• Sierra Nevada
• Blue Origin
Q5. Which orbital spaceflight market segment will be the largest in future?
Answer: Lucintel forecasts that orbital is expected to witness the higher growth over the forecast period.
Q6. In orbital spaceflight market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the orbital spaceflight market by spacecraft type (orbital, rover, and lander), range (low earth orbit (LEO), medium earth orbit (MEO), and geostationary orbit (GEO)), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Orbital Spaceflight Market, Orbital Spaceflight Market Size, Orbital Spaceflight Market Growth, Orbital Spaceflight Market Analysis, Orbital Spaceflight Market Report, Orbital Spaceflight Market Share, Orbital Spaceflight Market Trends, Orbital Spaceflight Market Forecast, Orbital Spaceflight Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Orbital Spaceflight Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Orbital Spaceflight Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Orbital Spaceflight Market by Spacecraft Type
3.3.1: Orbital
3.3.2: Rover
3.3.3: Lander
3.4: Global Orbital Spaceflight Market by Range
3.4.1: Low Earth Orbit (LEO)
3.4.2: Medium Earth Orbit (MEO)
3.4.3: Geostationary Orbit (GEO)
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Orbital Spaceflight Market by Region
4.2: North American Orbital Spaceflight Market
4.2.2: North American Orbital Spaceflight Market by Range: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO)
4.3: European Orbital Spaceflight Market
4.3.1: European Orbital Spaceflight Market by Spacecraft Type: Orbital, Rover, and Lander
4.3.2: European Orbital Spaceflight Market by Range: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO)
4.4: APAC Orbital Spaceflight Market
4.4.1: APAC Orbital Spaceflight Market by Spacecraft Type: Orbital, Rover, and Lander
4.4.2: APAC Orbital Spaceflight Market by Range: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO)
4.5: ROW Orbital Spaceflight Market
4.5.1: ROW Orbital Spaceflight Market by Spacecraft Type: Orbital, Rover, and Lander
4.5.2: ROW Orbital Spaceflight Market by Range: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO)
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Orbital Spaceflight Market by Spacecraft Type
6.1.2: Growth Opportunities for the Global Orbital Spaceflight Market by Range
6.1.3: Growth Opportunities for the Global Orbital Spaceflight Market by Region
6.2: Emerging Trends in the Global Orbital Spaceflight Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Orbital Spaceflight Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Orbital Spaceflight Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Copenhagen Suborbitals
7.2: Boeing
7.3: Northrop Grumman Innovation Systems
7.4: SpaceX
7.5: PD Aerospace
7.6: Scaled Composites
7.7: ARCA Space
7.8: The Spaceship
7.9: Sierra Nevada
7.10: Blue Origin
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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