The global Launch Vehicle market was valued at US$ 8125.2 million in 2020 and it is expected to reach US$ 10890 million by the end of 2027, growing at a CAGR of 7.3% during 2021-2027.
A launch vehicle or carrier rocket is a rocket-propelled vehicle used to carry a payload from Earth’s surface to space, usually to Earth orbit or beyond.
In the global market, the core manufacturers of launch vehicle include CASC and SpaceX etc, and the top 2 manufacturers account for above 50% of the market share. The market include Asia Pacific, North America, and Europe, with a share of 58%, 27% and 15%. light rocket accounted for 95% and heavy rocket accounted for 5%. The product is mainly used in commercial and government fields, with a share of 74% and 26%.
Global Launch Vehicle Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Launch Vehicle Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Casc, Spacex, Progress Rocket Space Centre, United Launch Alliance, Arianespace, Mitsubishi Heavy Industries, Astra Space, Northrop Grumman, Isro, Khrunichev Center, Blue Origin and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-launch-vehicle-market-outlook
Segment by Type
- Light Rocket
- Heavy Rocket
Segment by Application
Table of Content:
1 Launch Vehicle Market Overview
2 Launch Vehicle Market Competition by Manufacturers
3 Launch Vehicle Retrospective Market Scenario by Region
4 Global Launch Vehicle Historic Market Analysis by Type
5 Global Launch Vehicle Historic Market Analysis by Application
6 Key Companies Profiled
7 Launch Vehicle Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Launch Vehicle Market Dynamics
10 Global Launch Vehicle Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.