Orbital Spaceflight Market Report: Trends, Forecast and Competitive Analysis to 2030

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 Suborbital
• 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?