As per MarkNtel Advisors the Global Space Launch Services Market size was valued at around USD 15.2 billion in 2024 and is projected to reach USD 35 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 14% during the forecast period, i.e., 2025-30. This is because the number of payloads sent to space is continuously increasing. These payloads include communication & navigation satellites, human space crafts, cargo for the International Space Station, etc., from various private and public organizations. As a result, the demand for launch vehicles increases to ensure their safe and fast transport.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Explore the Insights – Download a Free Sample: https://www.marknteladvisors.com/query/request-sample/space-launch-services-market.html  

Space Launch Services Market Systems Market Segmentation:

By Orbit

• Lower Earth Orbit- Market Size & Forecast 2020-2030, USD Million
• Medium Earth Orbit- Market Size & Forecast 2020-2030, USD Million
• Geostationary Orbit- Market Size & Forecast 2020-2030, USD Million
• Beyond Earth Orbit- Market Size & Forecast 2020-2030, USD Million

By Payload

• Satellite - Market Size & Forecast 2020-2030, USD Million
• Cargo- Market Size & Forecast 2020-2030, USD Million
• Human Spacecraft- Market Size & Forecast 2020-2030, USD Million
• Scientific Instruments- Market Size & Forecast 2020-2030, USD Million

By Launching Vehicle

• Small Lift Launch Vehicle- Market Size & Forecast 2020-2030, USD Million
• Medium Lift Launch Vehicle- Market Size & Forecast 2020-2030, USD Million
• Heavy Lift Launch Vehicle- Market Size & Forecast 2020-2030, USD Million

By End-User

• Commercial- Market Size & Forecast 2020-2030, USD Million
• Government & Military- Market Size & Forecast 2020-2030, USD Million

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Space Launch Services Market Recent Development:

• 2024: Rocket Lab established a facility in Virginia for the production and launch operations of Neutron, the most ambitious rocket of Rocket Lab to date that can also be reused. The company aims to explore deep space through its Venus Life Finder Mission.
• 2024: United Launch Alliance (ULA) expanded its Decatur rocket facility. They aimed to nearly double their launch rate and also meet the growing demand for launch service required by the US Space Force and their commercial customer Amazon, which has awarded them with about 38 launch projects.

Report Delivery Format – Market research reports from MarkNtel Advisors are delivered in PDF, Excel, and PowerPoint formats. Once the payment is successfully processed, the report will be sent to your registered email within 24 hours.

Space Launch Services Market Drivers:

Increasing Demand for Payload Launches – The demand from various government and private organizations to launch their payloads into space is increasing to enhance their services and operations such as; weather forecasting, navigation, communication, etc. These payloads include satellites, human space crafts, cargo, etc., that are equipped on rockets and transported to their desired orbits in space. As a result, the demand for space launch service providers increases as some organizations do not have launch vehicles while some want to ensure safe & fast transport. For instance,

• In 2024, SpaceX got a contract worth around USD733.5 million from the US military to launch their 9 satellites in LEO to enhance their communication and intelligence capabilities.

Read Full Report: - https://www.marknteladvisors.com/research-library/space-launch-services-market.html

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
  • In-depth pricing trends and segment-wise cost evaluations
  • Key industry strategies, including innovation, partnerships, and acquisitions
  • Critical value chain analysis and stakeholder profiling
  • Regional import-export market insights and trade flow assessment
  • Thorough competitive benchmarking of top hearing aid manufacturers
  • Identification of new growth opportunities and niche market segments
  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Space Launch Services Market are:

• Northrop Grumman
• SpaceX
• Rocket Lab
• United Launch Alliance
• Blue Origin
• Antrix Corporation Limited
• Arianespace
• Skyroot Aerospace
• Relativity Space
• Galactic Energy
• International Launch Services
• NewSpace India Limited
• Mitsubishi Heavy Industries
• PLD Space
• Firefly Aerospace
• Others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a trusted market research and consulting firm with deep expertise in the aerospace and defense industry, covering space exploration, aircraft equipment, armed vehicles, avionics, and security & surveillance technologies. With a global presence across 80+ markets, we empower OEMs, defense contractors, and policymakers with actionable insights on modernization programs and technological innovation. Through our Consulting Services, we translate data into strategies that strengthen competitiveness, ensure operational readiness, and support informed decision-making within rapidly evolving global defense ecosystems.

Trending blog:

• https://www.businesssoftwarehelp.com/articles/empowering-global-trade-decisions-how-markntel-advisors-is-redefining-import-export-intelligence-and-market-research-for-the-next-decade
• https://johnryanwork0.wixsite.com/future-trends-market/post/future-trends-of-toys-market
• https://futuremarketanalysiss.blogspot.com/2025/11/water-pump-market-benelux.html.html

Reach Us:

MarkNtel Advisors

Sector 63, Noida, Uttar Pradesh-201301, India

Contact No: +91 8719999009

Email: sales@marknteladvisors.com