Asia Pacific Space Launch Services Market Size & Outlook
The space launch services market in Asia Pacific is expected to reach a projected revenue of US$ 13,178.0 million by 2030. A compound annual growth rate of 19.1% is expected of Asia Pacific space launch services market from 2024 to 2030.
- Aerospace, Defense & Space
- Aerospace Systems & Space Technology
- Space Launch Services Market Outlook
- Aerospace Systems & Space Technology
Revenue, 2023 (US$M)
$3,884.9
Forecast, 2030 (US$M)
$13,178.0
CAGR, 2024 - 2030
19.1%
Report Coverage
Asia Pacific
Asia Pacific Space Launch Services Market, 2018-2030 (US$M)
Global Market
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Asia Pacific space launch services market highlights
- The Asia Pacific space launch services market generated a revenue of USD 3,884.9 million in 2023.
- The market is expected to grow at a CAGR of 19.1% from 2024 to 2030.
- In terms of segment, pre-launch was the largest revenue generating service type in 2023.
- Pre-launch is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,884.9 million |
| Market revenue in 2030 | USD 13,178.0 million |
| Growth rate | 19.1% (CAGR from 2023 to 2030) |
| Largest segment | Pre-launch |
| Fastest growing segment | Pre-launch |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pre-launch, Post-launch |
| Key market players worldwide | Virgin Galactic Holdings Inc Shs A, Rocket Lab USA Inc, Mitsubishi Heavy Industries Ltd, China Aerospace International Holdings Ltd, Northrop Grumman Corp, Anterix Inc, Boeing Co, SpaceX, Blue Origin, United Launch Alliance, Arianespace, ExPace, Firefly Aerospace, Relativity Space, Orbital ATK, International Launch Services, Vector Launch, Spaceflight Industries, ISRO, NASA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.0% of the global space launch services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,178.0 million by 2030.
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Space Launch Services Market Scope
Space Launch Services Market segmentation & scope
Space Launch Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mitsubishi Heavy Industries Ltd | View profile | 86,331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | www.mhi.com |
| Virgin Galactic Holdings Inc Shs A | View profile | 805 | 1700 Flight Way, Tustin, CA, United States, 92782 | www.virgingalactic.com |
| Rocket Lab USA Inc | View profile | 1,650 | 3881 McGowen Street, Long Beach, CA, United States, 90808 | www.rocketlabusa.com |
| China Aerospace International Holdings Ltd | View profile | 7,208 | 18 Tak Fung Street, Hung Hom, Room 1103-1107A, One Harbourfront, Kowloon, Hong Kong, Hong Kong | www.casil-group.com |
| Northrop Grumman Corp | View profile | 101,000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | www.northropgrumman.com |
| Anterix Inc | View profile | 82 | 3 Garret Mountain Plaza, Suite 401, Woodland Park, NJ, United States, 07424 | www.anterix.com |
| Boeing Co | View profile | 171,000 | 929 Long Bridge Drive, Arlington, VA, United States, 22202 | www.boeing.com |
| SpaceX | View profile | 1001-5000 | Hawthorne, California, United States, North America | www.spacex.com |
| Blue Origin | View profile | 10001+ | Kent, Washington, United States, North America | www.blueorigin.com |
| United Launch Alliance | View profile | 1001-5000 | Centennial, Colorado, United States, North America | www.ulalaunch.com |
Asia Pacific Space Launch Services Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Space Launch Services Market Outlook will help companies and investors design strategic landscapes.
Pre-Launch was the largest segment with a revenue share of 75.99% in 2023.
Horizon Databook has segmented the Asia Pacific space launch services market based on pre-launch, post-launch covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Space Launch Services Market Service Type Outlook (Revenue, USD Million , 2018-2030)
- Pre-launch
- Post-launch
- Asia Pacific Space Launch Services Market Payload Outlook (Revenue, USD Million , 2018-2030)
- Satellite
- Cargo
- Human Spaceflights
- Space Probes
- Asia Pacific Space Launch Services Market Launch Platform Outlook (Revenue, USD Million , 2018-2030)
- Land
- Air
- Sea
- Asia Pacific Space Launch Services Market Launch Type Outlook (Revenue, USD Million , 2018-2030)
- Re-usable
- Single Use
- Asia Pacific Space Launch Services Market Launch Vehicle Outlook (Revenue, USD Million , 2018-2030)
- Small Launch Vehicle
- Medium to Heavy Launch Vehicle
- Asia Pacific Space Launch Services Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Government
- Military
- Commercial
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Space Launch Services Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Space Launch Services Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Space Launch Services Market, 2018-2030 (US$M)
Asia Pacific space launch services market statistics, by service type, 2018-2030 (US$M)
