Satellite Launch Vehicle Market Dynamics 2021-2031
The Satellite Launch Vehicle Market is expected to register a CAGR of 12.9% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Orbits [Sun-Synchronous Orbit (SSO), Medium Earth Orbit (MEO), Low Earth Orbit (LEO), Geosynchronous Orbit (GEO)]; Launch Activity (Non-Commercial, Commercial); Application (Research and Development, Navigation, Communication, Scientific, Meteorology, Earth Observation, Remote Sensing). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Satellite Launch Vehicle Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Satellite Launch Vehicle Market Segmentation
Orbits [Sun-Synchronous Orbit- SSO
- Medium Earth Orbit
- Non-Commercial
- Commercial
- Research and Development
- Navigation
- Communication
- Scientific
- Meteorology
- Earth Observation
- Remote Sensing
Strategic Insights
Satellite Launch Vehicle Market Growth Drivers- Increasing Demand for Satellite Deployments: Increasing demand for the deployment of satellites in the different fields of telecommunication, earth observation, and navigation is an important driving force for the satellite launch vehicle market. More satellites are required to ensure global connectivity and data services; thus, the demand for reliable launch vehicles increases.
- Growth of Commercial Space Sector: The commercial space sector's growing space is driving the demand for launch vehicles. Private companies have lately entered the market and provide launch services, hence bringing in a competitive scenario where innovation is enhanced, and the cost of launching space vehicles is reduced, which, in turn, has increased the accessibility of space to various applications.
- Government investments in space programs: Increased government investments in space exploration and satellite technology are positively enhancing the market for launching satellites. National space agencies invest in large projects such as manned missions and deep space exploration, requiring advanced launch vehicles to take payloads and equipment into orbit.
- Emergence of Hybrid Launch Vehicles: Development is taking place in hybrid launch vehicles; these combine conventional rocket technologies with new and innovative propulsion systems. This has shown to have potential and flexibility or adaptability toward multiple types of payload and missions that increases operational effectiveness and increases launch opportunities.
- Escalating Need for Higher Frequency Launches: There is a new focus on the increase of launch frequency to meet a growing demand. Providers are optimizing launch schedules and are developing more efficient launch systems that can accommodate a growing number of satellite deployments and ensure that customers have timely access to space.
- Development of Small Satellite Launch Services: The rising popularity of small satellites offers opportunities for specialized launch services. The providers can focus on the development of dedicated launch vehicles that can accommodate small satellite constellations to cater to the growing demand for low-cost, rapid deployment of small satellite missions.
- Advancements in Reusable Launch Systems: The development and enhancement of reusable launch systems provide large opportunities in the market. With reduced costs of launching and increased mission frequency, reusable systems may make space more accessible to a wider range of customers and applications.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Satellite Launch Vehicle Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Satellite Launch Vehicle Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Satellite Launch Vehicle Market is estimated to witness a CAGR of 12.9% from 2023 to 2031
The major factors driving the satellite launch vehicle market are:
1. Increasing Number of Commercial Satellite Launches
2. Growing Commercialization of Space
Some of the major trends driving the satellite launch vehicle market are:
1. Development of Advanced and Next-Generation Rockets
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Satellite Launch Vehicle Market - By Orbits
1.3.2 Satellite Launch Vehicle Market - By Payloads
1.3.3 Satellite Launch Vehicle Market - By Launch Activity
1.3.4 Satellite Launch Vehicle Market - By Applications
1.3.5 Satellite Launch Vehicle Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SATELLITE LAUNCH VEHICLE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SATELLITE LAUNCH VEHICLE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SATELLITE LAUNCH VEHICLE MARKET - GLOBAL MARKET ANALYSIS
6.1. SATELLITE LAUNCH VEHICLE - GLOBAL MARKET OVERVIEW
6.2. SATELLITE LAUNCH VEHICLE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SATELLITE LAUNCH VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - ORBITS
7.1. OVERVIEW
7.2. ORBITS MARKET FORECASTS AND ANALYSIS
7.3. SUN-SYNCHRONOUS ORBIT (SSO)
7.3.1. Overview
7.3.2. Sun-Synchronous Orbit (SSO) Market Forecast and Analysis
7.4. MEDIUM EARTH ORBIT (MEO)
7.4.1. Overview
7.4.2. Medium Earth Orbit (MEO) Market Forecast and Analysis
7.5. LOW EARTH ORBIT (LEO)
7.5.1. Overview
7.5.2. Low Earth Orbit (LEO) Market Forecast and Analysis
7.6. GEOSYNCHRONOUS ORBIT (GEO)
7.6.1. Overview
7.6.2. Geosynchronous Orbit (GEO) Market Forecast and Analysis
8. SATELLITE LAUNCH VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - PAYLOADS
8.1. OVERVIEW
8.2. PAYLOADS MARKET FORECASTS AND ANALYSIS
8.3. PRIMARY ONLY
8.3.1. Overview
8.3.2. Primary only Market Forecast and Analysis
8.4. 6 TO 10
8.4.1. Overview
8.4.2. 6 to 10 Market Forecast and Analysis
8.5. 2 TO 5
8.5.1. Overview
8.5.2. 2 to 5 Market Forecast and Analysis
9. SATELLITE LAUNCH VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - LAUNCH ACTIVITY
9.1. OVERVIEW
9.2. LAUNCH ACTIVITY MARKET FORECASTS AND ANALYSIS
9.3. NON-COMMERCIAL
9.3.1. Overview
9.3.2. Non-Commercial Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
10. SATELLITE LAUNCH VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
10.1. OVERVIEW
10.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
10.3. RESEARCH AND DEVELOPMENT
10.3.1. Overview
10.3.2. Research and Development Market Forecast and Analysis
10.4. NAVIGATION
10.4.1. Overview
10.4.2. Navigation Market Forecast and Analysis
10.5. COMMUNICATION
10.5.1. Overview
10.5.2. Communication Market Forecast and Analysis
10.6. SCIENTIFIC
10.6.1. Overview
10.6.2. Scientific Market Forecast and Analysis
10.7. METEOROLOGY
10.7.1. Overview
10.7.2. Meteorology Market Forecast and Analysis
10.8. EARTH OBSERVATION
10.8.1. Overview
10.8.2. Earth Observation Market Forecast and Analysis
10.9. REMOTE SENSING
10.9.1. Overview
10.9.2. Remote Sensing Market Forecast and Analysis
11. SATELLITE LAUNCH VEHICLE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Satellite Launch Vehicle Market Overview
11.1.2 North America Satellite Launch Vehicle Market Forecasts and Analysis
11.1.3 North America Satellite Launch Vehicle Market Forecasts and Analysis - By Orbits
11.1.4 North America Satellite Launch Vehicle Market Forecasts and Analysis - By Payloads
11.1.5 North America Satellite Launch Vehicle Market Forecasts and Analysis - By Launch Activity
11.1.6 North America Satellite Launch Vehicle Market Forecasts and Analysis - By Applications
11.1.7 North America Satellite Launch Vehicle Market Forecasts and Analysis - By Countries
11.1.7.1 United States Satellite Launch Vehicle Market
11.1.7.1.1 United States Satellite Launch Vehicle Market by Orbits
11.1.7.1.2 United States Satellite Launch Vehicle Market by Payloads
11.1.7.1.3 United States Satellite Launch Vehicle Market by Launch Activity
11.1.7.1.4 United States Satellite Launch Vehicle Market by Applications
11.1.7.2 Canada Satellite Launch Vehicle Market
11.1.7.2.1 Canada Satellite Launch Vehicle Market by Orbits
11.1.7.2.2 Canada Satellite Launch Vehicle Market by Payloads
11.1.7.2.3 Canada Satellite Launch Vehicle Market by Launch Activity
11.1.7.2.4 Canada Satellite Launch Vehicle Market by Applications
11.1.7.3 Mexico Satellite Launch Vehicle Market
11.1.7.3.1 Mexico Satellite Launch Vehicle Market by Orbits
11.1.7.3.2 Mexico Satellite Launch Vehicle Market by Payloads
11.1.7.3.3 Mexico Satellite Launch Vehicle Market by Launch Activity
11.1.7.3.4 Mexico Satellite Launch Vehicle Market by Applications
11.2. EUROPE
11.2.1 Europe Satellite Launch Vehicle Market Overview
11.2.2 Europe Satellite Launch Vehicle Market Forecasts and Analysis
11.2.3 Europe Satellite Launch Vehicle Market Forecasts and Analysis - By Orbits
11.2.4 Europe Satellite Launch Vehicle Market Forecasts and Analysis - By Payloads
11.2.5 Europe Satellite Launch Vehicle Market Forecasts and Analysis - By Launch Activity
11.2.6 Europe Satellite Launch Vehicle Market Forecasts and Analysis - By Applications
11.2.7 Europe Satellite Launch Vehicle Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Satellite Launch Vehicle Market
11.2.7.1.1 Germany Satellite Launch Vehicle Market by Orbits
11.2.7.1.2 Germany Satellite Launch Vehicle Market by Payloads
11.2.7.1.3 Germany Satellite Launch Vehicle Market by Launch Activity
11.2.7.1.4 Germany Satellite Launch Vehicle Market by Applications
11.2.7.2 France Satellite Launch Vehicle Market
11.2.7.2.1 France Satellite Launch Vehicle Market by Orbits
11.2.7.2.2 France Satellite Launch Vehicle Market by Payloads
11.2.7.2.3 France Satellite Launch Vehicle Market by Launch Activity
11.2.7.2.4 France Satellite Launch Vehicle Market by Applications
11.2.7.3 Italy Satellite Launch Vehicle Market
11.2.7.3.1 Italy Satellite Launch Vehicle Market by Orbits
11.2.7.3.2 Italy Satellite Launch Vehicle Market by Payloads
11.2.7.3.3 Italy Satellite Launch Vehicle Market by Launch Activity
11.2.7.3.4 Italy Satellite Launch Vehicle Market by Applications
11.2.7.4 United Kingdom Satellite Launch Vehicle Market
11.2.7.4.1 United Kingdom Satellite Launch Vehicle Market by Orbits
11.2.7.4.2 United Kingdom Satellite Launch Vehicle Market by Payloads
11.2.7.4.3 United Kingdom Satellite Launch Vehicle Market by Launch Activity
11.2.7.4.4 United Kingdom Satellite Launch Vehicle Market by Applications
11.2.7.5 Russia Satellite Launch Vehicle Market
11.2.7.5.1 Russia Satellite Launch Vehicle Market by Orbits
11.2.7.5.2 Russia Satellite Launch Vehicle Market by Payloads
11.2.7.5.3 Russia Satellite Launch Vehicle Market by Launch Activity
11.2.7.5.4 Russia Satellite Launch Vehicle Market by Applications
11.2.7.6 Rest of Europe Satellite Launch Vehicle Market
11.2.7.6.1 Rest of Europe Satellite Launch Vehicle Market by Orbits
11.2.7.6.2 Rest of Europe Satellite Launch Vehicle Market by Payloads
11.2.7.6.3 Rest of Europe Satellite Launch Vehicle Market by Launch Activity
11.2.7.6.4 Rest of Europe Satellite Launch Vehicle Market by Applications
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Satellite Launch Vehicle Market Overview
11.3.2 Asia-Pacific Satellite Launch Vehicle Market Forecasts and Analysis
11.3.3 Asia-Pacific Satellite Launch Vehicle Market Forecasts and Analysis - By Orbits
11.3.4 Asia-Pacific Satellite Launch Vehicle Market Forecasts and Analysis - By Payloads
11.3.5 Asia-Pacific Satellite Launch Vehicle Market Forecasts and Analysis - By Launch Activity
11.3.6 Asia-Pacific Satellite Launch Vehicle Market Forecasts and Analysis - By Applications
11.3.7 Asia-Pacific Satellite Launch Vehicle Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Satellite Launch Vehicle Market
11.3.7.1.1 Australia Satellite Launch Vehicle Market by Orbits
11.3.7.1.2 Australia Satellite Launch Vehicle Market by Payloads
11.3.7.1.3 Australia Satellite Launch Vehicle Market by Launch Activity
11.3.7.1.4 Australia Satellite Launch Vehicle Market by Applications
11.3.7.2 China Satellite Launch Vehicle Market
11.3.7.2.1 China Satellite Launch Vehicle Market by Orbits
11.3.7.2.2 China Satellite Launch Vehicle Market by Payloads
11.3.7.2.3 China Satellite Launch Vehicle Market by Launch Activity
11.3.7.2.4 China Satellite Launch Vehicle Market by Applications
11.3.7.3 India Satellite Launch Vehicle Market
11.3.7.3.1 India Satellite Launch Vehicle Market by Orbits
11.3.7.3.2 India Satellite Launch Vehicle Market by Payloads
11.3.7.3.3 India Satellite Launch Vehicle Market by Launch Activity
11.3.7.3.4 India Satellite Launch Vehicle Market by Applications
11.3.7.4 Japan Satellite Launch Vehicle Market
11.3.7.4.1 Japan Satellite Launch Vehicle Market by Orbits
11.3.7.4.2 Japan Satellite Launch Vehicle Market by Payloads
11.3.7.4.3 Japan Satellite Launch Vehicle Market by Launch Activity
11.3.7.4.4 Japan Satellite Launch Vehicle Market by Applications
11.3.7.5 South Korea Satellite Launch Vehicle Market
11.3.7.5.1 South Korea Satellite Launch Vehicle Market by Orbits
11.3.7.5.2 South Korea Satellite Launch Vehicle Market by Payloads
11.3.7.5.3 South Korea Satellite Launch Vehicle Market by Launch Activity
11.3.7.5.4 South Korea Satellite Launch Vehicle Market by Applications
11.3.7.6 Rest of Asia-Pacific Satellite Launch Vehicle Market
11.3.7.6.1 Rest of Asia-Pacific Satellite Launch Vehicle Market by Orbits
11.3.7.6.2 Rest of Asia-Pacific Satellite Launch Vehicle Market by Payloads
11.3.7.6.3 Rest of Asia-Pacific Satellite Launch Vehicle Market by Launch Activity
11.3.7.6.4 Rest of Asia-Pacific Satellite Launch Vehicle Market by Applications
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Satellite Launch Vehicle Market Overview
11.4.2 Middle East and Africa Satellite Launch Vehicle Market Forecasts and Analysis
11.4.3 Middle East and Africa Satellite Launch Vehicle Market Forecasts and Analysis - By Orbits
11.4.4 Middle East and Africa Satellite Launch Vehicle Market Forecasts and Analysis - By Payloads
11.4.5 Middle East and Africa Satellite Launch Vehicle Market Forecasts and Analysis - By Launch Activity
11.4.6 Middle East and Africa Satellite Launch Vehicle Market Forecasts and Analysis - By Applications
11.4.7 Middle East and Africa Satellite Launch Vehicle Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Satellite Launch Vehicle Market
11.4.7.1.1 South Africa Satellite Launch Vehicle Market by Orbits
11.4.7.1.2 South Africa Satellite Launch Vehicle Market by Payloads
11.4.7.1.3 South Africa Satellite Launch Vehicle Market by Launch Activity
11.4.7.1.4 South Africa Satellite Launch Vehicle Market by Applications
11.4.7.2 Saudi Arabia Satellite Launch Vehicle Market
11.4.7.2.1 Saudi Arabia Satellite Launch Vehicle Market by Orbits
11.4.7.2.2 Saudi Arabia Satellite Launch Vehicle Market by Payloads
11.4.7.2.3 Saudi Arabia Satellite Launch Vehicle Market by Launch Activity
11.4.7.2.4 Saudi Arabia Satellite Launch Vehicle Market by Applications
11.4.7.3 U.A.E Satellite Launch Vehicle Market
11.4.7.3.1 U.A.E Satellite Launch Vehicle Market by Orbits
11.4.7.3.2 U.A.E Satellite Launch Vehicle Market by Payloads
11.4.7.3.3 U.A.E Satellite Launch Vehicle Market by Launch Activity
11.4.7.3.4 U.A.E Satellite Launch Vehicle Market by Applications
11.4.7.4 Rest of Middle East and Africa Satellite Launch Vehicle Market
11.4.7.4.1 Rest of Middle East and Africa Satellite Launch Vehicle Market by Orbits
11.4.7.4.2 Rest of Middle East and Africa Satellite Launch Vehicle Market by Payloads
11.4.7.4.3 Rest of Middle East and Africa Satellite Launch Vehicle Market by Launch Activity
11.4.7.4.4 Rest of Middle East and Africa Satellite Launch Vehicle Market by Applications
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Satellite Launch Vehicle Market Overview
11.5.2 South and Central America Satellite Launch Vehicle Market Forecasts and Analysis
11.5.3 South and Central America Satellite Launch Vehicle Market Forecasts and Analysis - By Orbits
11.5.4 South and Central America Satellite Launch Vehicle Market Forecasts and Analysis - By Payloads
11.5.5 South and Central America Satellite Launch Vehicle Market Forecasts and Analysis - By Launch Activity
11.5.6 South and Central America Satellite Launch Vehicle Market Forecasts and Analysis - By Applications
11.5.7 South and Central America Satellite Launch Vehicle Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Satellite Launch Vehicle Market
11.5.7.1.1 Brazil Satellite Launch Vehicle Market by Orbits
11.5.7.1.2 Brazil Satellite Launch Vehicle Market by Payloads
11.5.7.1.3 Brazil Satellite Launch Vehicle Market by Launch Activity
11.5.7.1.4 Brazil Satellite Launch Vehicle Market by Applications
11.5.7.2 Argentina Satellite Launch Vehicle Market
11.5.7.2.1 Argentina Satellite Launch Vehicle Market by Orbits
11.5.7.2.2 Argentina Satellite Launch Vehicle Market by Payloads
11.5.7.2.3 Argentina Satellite Launch Vehicle Market by Launch Activity
11.5.7.2.4 Argentina Satellite Launch Vehicle Market by Applications
11.5.7.3 Rest of South and Central America Satellite Launch Vehicle Market
11.5.7.3.1 Rest of South and Central America Satellite Launch Vehicle Market by Orbits
11.5.7.3.2 Rest of South and Central America Satellite Launch Vehicle Market by Payloads
11.5.7.3.3 Rest of South and Central America Satellite Launch Vehicle Market by Launch Activity
11.5.7.3.4 Rest of South and Central America Satellite Launch Vehicle Market by Applications
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. SATELLITE LAUNCH VEHICLE MARKET, KEY COMPANY PROFILES
13.1. ARCA SPACE
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BLUE ORIGIN
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. BOEING SPACE AND COMMUNICATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. E PRIME AEROSPACE
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. ISRO
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. KELLY SPACE AND TECHNOLOGY
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. LOCKHEED MARTIN
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. MITSUBISHI HEAVY INDUSTRIES
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SPACEX
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. VIRGIN GALACTIC
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. ARCA Space
2. Blue Origin
3. Boeing Space and Communication
4. E Prime Aerospace
5. ISRO
6. Kelly Space and Technology
7. Lockheed Martin
8. Mitsubishi Heavy Industries
9. SpaceX
10. Virgin Galactic
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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