North America Space Launch Services Market Size & Outlook
The space launch services market in North America is expected to reach a projected revenue of US$ 17,383.4 million by 2030. A compound annual growth rate of 12.6% is expected of North America space launch services market from 2024 to 2030.
North America space launch services market highlights
The North America space launch services market generated a revenue of USD 7,559.5 million in 2023.
The market is expected to grow at a CAGR of 12.6% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
Market revenue in 2023
USD 7,559.5 million
Market revenue in 2030
USD 17,383.4 million
Growth rate
12.6% (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, North America region accounted for 50.6% 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.
North America 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 75.92% in 2023.
Horizon Databook has segmented the North America space launch services market based on pre-launch, post-launch covering the revenue growth of each sub-segment from 2018 to 2030.
North America Space Launch Services Market Service Type Outlook (Revenue, USD Million , 2018-2030)
Pre-launch
Post-launch
North America Space Launch Services Market Payload Outlook (Revenue, USD Million , 2018-2030)
Satellite
Cargo
Human Spaceflights
Space Probes
North America Space Launch Services Market Launch Platform Outlook (Revenue, USD Million , 2018-2030)
Land
Air
Sea
North America Space Launch Services Market Launch Type Outlook (Revenue, USD Million , 2018-2030)
Re-usable
Single Use
North America Space Launch Services Market Launch Vehicle Outlook (Revenue, USD Million , 2018-2030)
Small Launch Vehicle
Medium to Heavy Launch Vehicle
North America 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 North America Space Launch Services Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Space Launch Services Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Space Launch Services Market, 2018-2030 (US$M)