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Space Logistics Market Size | Expected To Reach Usd 17.26 Bn. By 2030 | Lockheed Martin, Airbus, Northrop Grumman
Space Logistics Market Expected to Reach USD 17.26 Billion by 2030, Driven by Growing Space Exploration Activities
The global space logistics market is estimated to have reached USD 5.32 billion in 2023 and is projected to grow at a significant CAGR of 18.3% to reach USD 17.26 billion by 2030, according to a recent study by Maximize Market Research. This growth is attributed to the increasing demand for space-based services, rising investments in space exploration programs, and the growing number of satellites being launched.
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Market Overview
The space logistics market encompasses a wide range of services that ensure the smooth and efficient operation of spacecraft and satellites throughout their lifecycles. These services include space situational awareness (SSA), space exploration, active debris removal, on-orbit servicing, assembly and manufacturing (OSAM), and last-mile logistics. The growing complexity of space missions and the increasing ...
... number of objects in orbit are driving the demand for robust space logistics solutions.
Objectives of the Report
The Maximize Market Research report provides a comprehensive analysis of the global space logistics market, with the following key objectives:
To offer a detailed assessment of the market structure, including forecasts for major segments and sub-segments.
To identify the key factors influencing market growth, such as price analysis, supply chain analysis, and Porter's five forces analysis.
To provide historical and future revenue projections for market segments and sub-segments across key geographical regions.
To conduct a country-level market study to understand current market size and future prospects.
To segment the market by application, product type, and sub-segments at the national level.
Market Segmentation
The space logistics market is segmented by operation and payloads:
By Operation
Space Situational Awareness (SSA)
Space Exploration
Active Debris Removal
On-Orbit Servicing, Assembly and Manufacturing (OSAM)
Last-Mile Logistics
By Payloads
Spacecraft and Satellites Systems
Cargo and Material
Key Players in the Space Logistics Market
The space logistics market is a dynamic and competitive landscape with a mix of established players and emerging companies. Some of the key players profiled in the report include:
Boeing
Lockheed Martin
Airbus Defense and Space
Northrop Grumman
Orbital ATK
SpaceX
Blue Origin
Sierra Nevada Corporation
Thales Alenia Space
Mitsubishi Heavy Industries
Honeywell International
Dynetics
Virgin Galactic
Rocket Lab
RUAG Space
Arianespace
NanoRacks
Bigelow Aerospace
Astrobotic Technology
Firefly Aerospace
Regional Analysis
The global space logistics market is segmented geographically into North America, Europe, Asia Pacific, South America, the Middle East, and Africa. North America is expected to remain the dominant market due to the presence of major space agencies and private space companies. However, the Asia Pacific region is expected to witness the fastest growth rate due to increasing government investments in space programs and the growing demand for satellite-based services.
Impact of COVID-19
The COVID-19 pandemic had a moderate impact on the space logistics market in the short term due to disruptions in supply chains and delays in space missions. However, the long-term outlook for the market remains positive, as the pandemic has highlighted the importance of space-based technologies for communication, navigation, and Earth observation.
Key Questions Answered in the Report
The report answers critical questions for stakeholders in the space logistics market, including:
Which segment is expected to hold the largest market share?
Who are the leading players in the space logistics market?
What are the key factors driving the growth of the space logistics market?
Which region is expected to witness the fastest growth?
What is the projected CAGR of the space logistics market for the forecast period?
What are the emerging trends in the space logistics market?
Maximize Market Research provides valuable insights and analysis of the space logistics market, enabling informed decision-making for businesses and investors.
If You Have Any Questions About This Report? Please Contact Us On the link mentioned below: https://www.maximizemarketresearch.com/market-report/space-logistics-market/184512/
Contact:
Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
Email: sales@maximizemarketresearch.com
Phone No.: +91 96071 95908, +91 9607365656
Website: www.maximizemarketresearch.com
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