Satellite Manufacturing And Launch Market

The Satellite Manufacturing and Launch Market Size is anticipated to reach USD 57.34 billion by 2030, with a projected compound annual growth rate (CAGR) of 14.05% from 2023 to 2030. The increasing use of satellites for military surveillance serves as the primary market driver, fueling the market's expansion.

Key Companies in the Satellite Manufacturing And Launch market include

• Airbus Defence and Space (Germany)
• Boeing Defence
• Space & Security (U.S.)
• Orbital ATK (U.S.)
• SSL (U.S.)
• Lockheed Martin (U.S.)
• ISS Reshetnev (Russia)
• Arianespace (France)
• ViaSat Inc. (U.S.)
• Innovative Solutions in Space (Netherlands)
• GeoOptics (Canada)

Satellite Manufacturing And Launch Market Segmentation

Satellite Manufacturing And Launch Application Outlook

• Commercial
• Military
• Government

Satellite Manufacturing And Launch End-User Outlook

• Weather Forecast
• Navigation
• Internet Services

Satellite Manufacturing And Launch Regional Outlook

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World
  • Middle East
  • Africa
  • Latin America

Satellite Manufacturing And Launch Industry Developments

In November 2020, Arianespace secured a contract with an operator for the launch of a communications satellite into geostationary orbit using an Ariane 5 rocket. The scheduled launch for the satellite is in 2022.

In July 2021, Northrop Grumman Corporation successfully delivered the ESPAStar-D spacecraft bus to L3Harris Technologies. This platform will support the Navigation Technology Satellite-3 (NTS-3) mission for the Air Force Research Laboratory, with a planned launch from Cape Canaveral in 2022.