Satellite Manufacturing and Launch Market to record USD 3.91 Bn incremental growth; Evolving Opportunities with Airbus Group SE and ArianeGroup -- Technavio

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The "Satellite Manufacturing and Launch Market by Application, Product and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to Technavio, the market will observe an incremental growth of USD 3.91 billion, accelerating at a CAGR of 3.4% during the forecast period. To estimate the size of the report, the analysts at Technavio have considered various factors including the volume of air passengers and freight traffic, revenue generated by aerospace and defense companies, defense budgets, GDP growth, capital investments by airlines, and crude oil price fluctuation among others. Discover market potential and make informed business decisions based on qualitative and quantitative evidence highlighted exclusively in this market study. Download Free PDF Sample Report Here

Major Vendors in the Satellite Manufacturing and Launch Market:

• Airbus Group SE: The company offers satellite manufacturing and launching services such as manufacturing of wind sensing satellite Aeolus and pollution monitoring satellite Sentinel 5P.
• ArianeGroup: The company offers satellite manufacturing and launching services such as production and launching of environmental monitoring satellite Envisat.
• Axelspace Corp.: The company offers satellite manufacturing and launching services such as AxelLiner for manufacturing micro satellites.
• Blue Origin Enterprises LP: The company offers satellite manufacturing and launching services such as New Shepard.
• GeoOptics Inc.: The company offers satellite manufacturing and launching services such as commercial satellites and next generation air craft launch.
• Honeywell International Inc.: The company offers satellite manufacturing and launching services such as manufacturing satellite hardware.
• Israel Aerospace Industries Ltd.: The company offers satellite manufacturing and launching services for commercial satellites such as AMOS series.
• Leidos Holdings Inc.
• Lockheed Martin Corp.
• Maxar Technologies Inc.
• Mitsubishi Electric Corp.
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Key Growth Driver:

The market is driven by the reduction in associative launch cost. Several companies that offer launch services for satellites are investing in R&D to develop cost-effective launch systems. Also, the highly competitive nature of the satellite industry is resulting in a decrease in the cost of launching satellites. For instance, before the release of the Ariane 6 rocket in 2020, Arianespace, which is a part of ArianeGroup, has decided to decrease its satellite launch fee by 40% to compete with SpaceX. The decision was a strategic move as the company was contending for two major launch contracts in APAC, which were scheduled for release in 2019. Besides, the advent of reusable satellite launch vehicles such as the Falcon 9, which is offered by SpaceX, is also decreasing the total cost of satellite launches. As a result of these factors, the size of the global satellite manufacturing and launch market is expected to increase over the forecast period. Get highlights into the impact of drivers, trends, and challenges on the growth of the market. Download Free Sample Report Now

Segmentation Analysis:

Satellite Manufacturing and Launch Market Application Outlook (Revenue, USD Billion, 2021-2026)

• Communication satellite - size and forecast 2021-2026
• Military surveillance - size and forecast 2021-2026
• Earth observation satellite - size and forecast 2021-2026
• Navigation satellite - size and forecast 2021-2026
• Others - size and forecast 2021-2026

The communication satellite segment will have the largest share of the market. The surging demand for new satellites due to the rapid expansion of coverage area for mobile data services is driving the growth of the segment. Also, the expansion of satellite broadband internet services and an increase in the demand for direct-to-home (DTH) services are contributing to the growth of the segment.

Satellite Manufacturing and Launch Market Product Outlook (Revenue, USD Billion, 2021-2026)

• Satellite launch - size and forecast 2021-2026
• Launch services - size and forecast 2021-2026

The satellite launch segment accounted for maximum revenue generation in the market in 2021. The increasing demand for satellites for a plethora of applications ranging from military surveillance, communications, and navigation to earth observation is driving the grow of the segment. In addition, increased investments by several countries in the development of indigenous satellite programs is contributing to the segment's growth.

Satellite Manufacturing and Launch Market Geographic Outlook (Revenue, USD Billion, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• South America - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026

North America will account for 37% of the global market share over the forecast period. The presence of prominent satellite manufacturing and launch firms such as NASA and SpaceX has propelled the satellite industry in North America.

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Related Reports:

The military satellite payloads and subsystems market share is expected to increase by USD 2.3 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.18%. The market is segmented by type (optical sensors and other sensors payload, avionics and subsystems, and data link and communication systems) and geography (North America, Europe, APAC, the Middle East and Africa, and South America).

The satellite-based earth observation market share is expected to increase by USD 1.32 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.49%. The market is segmented by application (defense , weather, LBS, energy, and other applications), type (VAS and data), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments 
• Exhibit 25: Chart on Application - Market share 2021-2026 (%)
• Exhibit 26: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 27: Chart on Comparison by Application
• Exhibit 28: Data Table on Comparison by Application

• 5.3 Communication satellite - Market size and forecast 2021-2026 
• Exhibit 29: Chart on Communication satellite - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Data Table on Communication satellite - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Chart on Communication satellite - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on Communication satellite - Year-over-year growth 2021-2026 (%)

• 5.4 Military surveillance - Market size and forecast 2021-2026 
• Exhibit 33: Chart on Military surveillance - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Data Table on Military surveillance - Market size and forecast 2021-2026 ($ million)
• Exhibit 35: Chart on Military surveillance - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on Military surveillance - Year-over-year growth 2021-2026 (%)

• 5.5 Earth observation satellite - Market size and forecast 2021-2026 
• Exhibit 37: Chart on Earth observation satellite - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Data Table on Earth observation satellite - Market size and forecast 2021-2026 ($ million)
• Exhibit 39: Chart on Earth observation satellite - Year-over-year growth 2021-2026 (%)
• Exhibit 40: Data Table on Earth observation satellite - Year-over-year growth 2021-2026 (%)

• 5.6 Navigation satellite - Market size and forecast 2021-2026
• Exhibit 41: Chart on Navigation satellite - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Data Table on Navigation satellite - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Chart on Navigation satellite - Year-over-year growth 2021-2026 (%)
• Exhibit 44: Data Table on Navigation satellite - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by Application 
• Exhibit 49: Market opportunity by Application ($ million)

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 50: Chart on Product - Market share 2021-2026 (%)
• Exhibit 51: Data Table on Product - Market share 2021-2026 (%)

• 6.2 Comparison by Product 
• Exhibit 52: Chart on Comparison by Product
• Exhibit 53: Data Table on Comparison by Product

• 6.3 Satellite launch - Market size and forecast 2021-2026
• Exhibit 54: Chart on Satellite launch - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Satellite launch - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Satellite launch - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Satellite launch - Year-over-year growth 2021-2026 (%)

• 6.4 Launch services - Market size and forecast 2021-2026
• Exhibit 58: Chart on Launch services - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Launch services - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Launch services - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Launch services - Year-over-year growth 2021-2026 (%)

• 6.5 Market opportunity by Product 
• Exhibit 62: Market opportunity by Product ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 64: Chart on Market share by geography 2021-2026 (%)
• Exhibit 65: Data Table on Market share by geography 2021-2026 (%)

• 8.2 Geographic comparison 
• Exhibit 66: Chart on Geographic comparison
• Exhibit 67: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2021-2026
• Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 8.4 Europe - Market size and forecast 2021-2026
• Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 8.5 APAC - Market size and forecast 2021-2026
• Exhibit 76: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 77: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 78: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 79: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 8.6 South America - Market size and forecast 2021-2026
• Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 8.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 8.8 US - Market size and forecast 2021-2026
• Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.9 China - Market size and forecast 2021-2026
• Exhibit 92: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 93: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 94: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 95: Data Table on China - Year-over-year growth 2021-2026 (%)

• 8.10 Canada - Market size and forecast 2021-2026
• Exhibit 96: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 97: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 98: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 99: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 8.11 UK - Market size and forecast 2021-2026
• Exhibit 100: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 101: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 102: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 103: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 8.12 Germany - Market size and forecast 2021-2026
• Exhibit 104: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 105: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 106: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 107: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 8.13 Japan - Market size and forecast 2021-2026
• Exhibit 108: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 109: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 110: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 111: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 8.14 Market opportunity by geography 
• Exhibit 112: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape 
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 115: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 116: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 117: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 11.3 Airbus Group SE 
• Exhibit 119: Airbus Group SE - Overview
• Exhibit 120: Airbus Group SE - Business segments
• Exhibit 121: Airbus Group SE - Key news
• Exhibit 122: Airbus Group SE - Key offerings
• Exhibit 123: Airbus Group SE - Segment focus

• 11.4 ArianeGroup 
• Exhibit 124: ArianeGroup - Overview
• Exhibit 125: ArianeGroup - Product / Service
• Exhibit 126: ArianeGroup - Key offerings

• 11.5 Axelspace Corp. 
• Exhibit 127: Axelspace Corp. - Overview
• Exhibit 128: Axelspace Corp. - Product / Service
• Exhibit 129: Axelspace Corp. - Key offerings

• 11.6 Blue Origin Enterprises LP 
• Exhibit 130: Blue Origin Enterprises LP - Overview
• Exhibit 131: Blue Origin Enterprises LP - Product / Service
• Exhibit 132: Blue Origin Enterprises LP - Key offerings

• 11.7 GeoOptics Inc. 
• Exhibit 133: GeoOptics Inc. - Overview
• Exhibit 134: GeoOptics Inc. - Product / Service
• Exhibit 135: GeoOptics Inc. - Key offerings

• 11.8 Honeywell International Inc. 
• Exhibit 136: Honeywell International Inc. - Overview
• Exhibit 137: Honeywell International Inc. - Business segments
• Exhibit 138: Honeywell International Inc. - Key news
• Exhibit 139: Honeywell International Inc. - Key offerings
• Exhibit 140: Honeywell International Inc. - Segment focus

• 11.9 Israel Aerospace Industries Ltd. 
• Exhibit 141: Israel Aerospace Industries Ltd. - Overview
• Exhibit 142: Israel Aerospace Industries Ltd. - Product / Service
• Exhibit 143: Israel Aerospace Industries Ltd. - Key offerings

• 11.10 Lockheed Martin Corp. 
• Exhibit 144: Lockheed Martin Corp. - Overview
• Exhibit 145: Lockheed Martin Corp. - Business segments
• Exhibit 146: Lockheed Martin Corp. - Key news
• Exhibit 147: Lockheed Martin Corp. - Key offerings
• Exhibit 148: Lockheed Martin Corp. - Segment focus

• 11.11 Maxar Technologies Inc. 
• Exhibit 149: Maxar Technologies Inc. - Overview
• Exhibit 150: Maxar Technologies Inc. - Business segments
• Exhibit 151: Maxar Technologies Inc. - Key offerings
• Exhibit 152: Maxar Technologies Inc. - Segment focus

• 11.12 The Boeing Co. 
• Exhibit 153: The Boeing Co. - Overview
• Exhibit 154: The Boeing Co. - Business segments
• Exhibit 155: The Boeing Co. - Key news
• Exhibit 156: The Boeing Co. - Key offerings
• Exhibit 157: The Boeing Co. - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 158: Inclusions checklist
• Exhibit 159: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 160: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 161: Research methodology
• Exhibit 162: Validation techniques employed for market sizing
• Exhibit 163: Information sources

• 12.5 List of abbreviations 
• Exhibit 164: List of abbreviations

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