NEW YORK, March 3, 2016 /PRNewswire/ -- This study covers the commercial spaceflight market that provides dedicated small-satellite launch services to small-satellite operators. The forecast data includes small-satellite, low Earth orbit (LEO) payload and revenue forecasts accounting for the price reduction due to growing competition and discussions on the fast-growing earth-observation domain. Key industry participants involved in developing LEO launch capabilities are profiled for an overview of the existing and emerging competition in this domain. Stakeholders interested in learning about multiple LEO launch capabilities under development and the market sizing for launch services for small satellites will benefit from this market insight.
Over small satellites are expected to be launched in the 2015-2023 timeline.
About tons of small-satellite payloads are expected to be placed in low Earth orbit (LEO) in the 2014-2023 timeline.
With multiple commercial spaceflight providers entering the small-satellite launch segment, the cumulative market size for small-satellite LEO launches for the 2014-2023 timeline will be $ billion, accounting for the reducing launch prices.
With the current efforts targeting $ per kilogram of small-satellite payload, the price is expected to decline further. In the cubesat domain, the commercial launch providers are aiming at a target of $ per kilogram in the coming years.
Scheduled operations covering multiple, multi-manifested operations will remain the key to long-term success in this growing spaceflight domain.
Owing to increasing demand, participants who used to be resellers of launch services are looking to buy big rockets and schedule dedicated small-satellite launches in the 2017-2019 timeline.
The small-satellite LEO launch revenue will be $ million in 2015 and will grow up to $ million in 2023, with the peak value being $ million in 2019. The 2019-2022 timeline will see multiple small-satellite constellations entering their replacement phase, resulting in a demand spike.
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