Space Logistics Market size was valued at USD 4.5 Bn. in 2022 and the total Space Logistics revenue is expected to grow by 18.3 % from 2023 to 2029, reaching nearly USD 14.6 Bn.
Space Logistics Market Overview:
The purpose of this report is to provide a thorough examination of the Space Logistics Market by segments and geographics. The study goes into great detail on the primary factors influencing the Space Logistics market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
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Space Logistics Market Scope:
The “Global Space Logistics Market Analysis” is a detailed investigation of the Space Logistics market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Space Logistics market as well as detailed market segmentation by application, end-use, and geography. The Space Logistics market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Space Logistics players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Space Logistics market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Space Logistics market was calculated using the revenue of significant enterprises.
Space Logistics Market Segmentation:
by Operation
1.Space situational awareness
2. Space Exploration
3.Active debris removal
4.On-orbit servicing assembly and manufacturing
5.Last mile logistics
The Space Situational Awareness (SSA) segment has dominated the Space Logistics Market based on Operation and is anticipated to hold its position throughout the projected period. Tracking and keeping an eye on space trash, active satellites, and other items that could endanger spacecraft is part of space situational awareness (SSA). The requirement for SSA capabilities has grown in significance as more objects enter orbit in order to ensure the security and effectiveness of space activities. A variety of services and solutions, such as space surveillance and tracking, collision avoidance, and space weather monitoring, are included in the SSA area of the space logistics industry. Due to the rising demand for these services and the growing number of satellites.
by Payloads
1.Spacecraft and Satellites Systems
2.Cargo and Material
3.Others
Based on payloads, a sizable portion of the space logistics market is devoted to the design, production, and upkeep of spacecraft and satellites. This segment is known as Spacecraft and Satellite Systems. Launch vehicles, satellite systems, and communication systems are just a few of the many goods and services offered in this market category. Recent years have seen a sharp increase in the demand for satellite-based services, which is being fueled by a number of causes including the increased demand for data connectivity, remote sensing, and global positioning services.
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Space Logistics Market Key Players:
The major players covered in the Space Logistics market report are
1.Boeing
2.Lockheed Martin
3.Airbus Defense and Space
4. Northrop Grumman
5.Orbital ATK
6.Space Exploration Technologies (SpaceX)
7. Blue Origin
8.Sierra Nevada Corporation
9.Thales Alenia Space
10. Mitsubishi Heavy Industries
11.Honeywell International
12.Dynetics
13.Virgin Galactic
14.Rocket Lab
15.RUAG Space
16.Arianespace
17. NanoRacks
18.Bigelow Aerospace
19.Astrobotic Technology
20. Firefly Aerospace
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Space Logistics Market Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Space Logistics Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Space Logistics market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Space Logistics industry,
Key Questions Answered in the Space Logistics Market Report are:
- Which segment grabbed the largest share in the Space Logistics market?
- What was the competitive scenario of the Space Logistics market in 2021?
- Which are the key factors responsible for the Space Logistics market growth?
- Which region held the maximum share in the Space Logistics market in 2021?
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