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Commercial Satellite Launch Service Market Share

Report ID: GMI2600
Published Date: Sep 2023
Report Format: PDF

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Commercial Satellite Launch Service Market Share

The major players operating in the commercial satellite launch service market include:

Arianespace (France)
GK Launch Service (Russia)
Lockheed Martin Corporation (U.S.)
United Launch Alliance (ULA) (U.S.)
Indian Space Research Organization (ISRO) (India)

These players focus on strategic partnerships, new product launches, and commercialization techniques for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for commercial satellite launch service was valued at USD 9 billion in 2022 and will register over 10% CAGR from 2023-2032 due to the rising prominence of various types of satellites, including communication, Earth observation, navigation, and scientific worldwide.

The GEO orbit segment registered over 45% share of the commercial satellite launch service industry in 2022 on account of high application scope in communication services, such as satellite television, broadband internet, and mobile communications.

North America held over 38% share of the commercial satellite launch service in 2022 owing to the growing demand for global connectivity including broadband internet access, communication, and Internet of Things (IoT) connectivity in the region.

Arianespace (France), GK Launch Service (Russia), Lockheed Martin Corporation (U.S.), United Launch Alliance (ULA) (U.S.), and Indian Space Research Organization (ISRO) (India) are some of the major commercial satellite launch service companies worldwide.