(MENAFNEditorial) Market Highlights
The satellite industry has witnessed considerable growth in the recent years with the launch of numerous satellites. With the fast developments in technologies, there have been many important innovations and alterations across various industries worldwide.
The RSLV market has been segmented on the basis of configuration, type, vehicle weight, and region. On the basis of type, the market is segmented into fully reusable and partially RSLV. As of 2017, the partially reusable launch vehicles segment dominated the global market and is expected to hold its position throughout the forecast period. The growth of partially reusable market segment will remain at a moderate growth as the investments related with the launch of these vehicles is quite low as compared to the fully reusable segment.
On the basis of region, North America dominated the market in 2017 and is expected to continue its dominance throughout the forecast period. Countries, such as the U.S., Canada, Brazil, and Mexico have modern infrastructures and are progressively involved in various space-based programs. With space centers, such as NASA and SpaceX in the U.S. risingly focusing on multiple satellite launch missions to meet the growing demand of satellites. Furthermore, the demand for RSLV is estimated to witness substantial growth in the North American region, during the forecast period and this can be primarily credited to the growing focus on multiple satellite launch missions. Though, the Asia Pacific region is also estimated to witness fast growth in the forecast period.
Drivers:
Key Players
The key players in reusable satellite launch vehicle market are Airbus S.A.S (Netherlands), Boeing (U.S.), Bellatrix Aerospace Private Limited (India), Bigelow Aerospace (U.S.), Lockheed Martin Corporation (U.S.), Masten Space Systems (U.S.), Space Exploration Technologies Corp. (U.S.), Sierra Nevada Corporation (U.S.), and Virgin Galactic (U.S.).
Scope of the Report
This study provides an overview of the global reusable satellite launch vehicle market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East and Africa, Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global reusable satellite launch vehicle market by its Configuration, type, vehicle weight, and region.
By Configuration
- Single Stage
- Multiple Stage
By Type
- Partially Reusable
- Fully Reusable
By Vehicle Weight
- Up to 4,000lbs
- 4000-9000lbs
- Over 9000lbs
By Regions
- America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have a supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Email:
MENAFN2106201800703489ID1097053257
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.