Pune 24 April 2023: As per the report, the Space Logistics Market to grow from USD 4.5 Bn in 2022 to USD 14.6 Bn by 2029 at a CAGR of 4.20 percent over the forecast period. The Space Logistics Market report is delivered by Maximize Market Research and is available in the market.
Space Logistics Market Report Scope and Research Methodology
The report is a thorough analysis of the Space Logistics market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Space Logistics market. The bottom-up approach was used to understand the Space Logistics market size estimation and growth rates in the report. The report offers information on the drivers, restraints, opportunities, and challenges of the Space Logistics market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Space Logistics market. Segment-wise analysis of the market is divided into Operations and Payloads.
Regional analysis of the Space Logistics market conducted at local, regional and global level. The report also provides information on the emerging regions that are expected to be major markets for the Space Logistics market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Space Logistics market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Space Logistics Market.
Space Logistics Market Dynamics
Governments are investing in space exploration and development such as scientific research, national security and economic growth. The increasing investment from the companies such as SpaceX, Blue Origin, and Virgin Galactic for the development of space transportation ate the influencing factor for the growth of the market.
The space Logistics Market is driven by the increasing demand for LEO-based satellite services, new plans for space tourism and concerns over space debris and the growing need for satellite networks and services for commercial purposes. The emerging market for space debris removal services is expected to be an upcoming opportunity for the growth of the market, over the forecast period. The market growth is restrained by the high costs and technical challenges of Space Logistics.
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Space Logistics Market Regional Insights
In 2022, North America dominated the Space Logistics Market, accounting for a market share of around 42 percent. The regional market is driven by the presence of key companies including NASA, SpaceX, and Blue Origin and increasing investment in space exploration and commercial space activities by the key companies.
Europe is a significant market in space logistics with a market share of around 30 percent in 2022 and is expected to maintain its position, over the forecast period. The growth of the commercial sector and increasing space exploration and scientific mission activities are the factors that help to influence the regional market.
Space Logistics Market Segmentation
By Operation
- Space situational awareness
- Space Exploration
- Active debris removal
- On-orbit servicing assembly and manufacturing
- Last mile logistics
By Payloads
- Spacecraft and Satellites Systems
- Cargo and Material
- Others
Space Logistics Market Key Players include
- Boeing
- Lockheed Martin
- Airbus Defense and Space
- Northrop Grumman
- Orbital ATK
- Space Exploration Technologies (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
Table of for Global Space Logistics Market:
- Global Space Logistics Market: Research Methodology
- Global Space Logistics Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Space Logistics Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by Region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Space Logistics Market Segmentation(2022-2029)
- Global Market, by Operation (2022-2029)
- Global Market, by Payloads (2022-2029)
- Regional Global Space Logistics Market(2022-2029)
- Regional Market, by Operation (2022-2029)
- Regional Market, by Payloads (2022-2029)
- Regional Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of the operation, Payloads and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
Key questions answered in the Space Logistics Market are:
- What is Space Logistics?
- What was the Space Logistics market size in 2022?
- What is the expected Space Logistics market size by 2029?
- What is the growth rate of the Space Logistics Market?
- Which are the factors expected to drive the Space Logistics market growth?
- What are the different segments of the Space Logistics Market?
- What are the factors restraining the growth of the Space Logistics Market?
- What is the demand pattern of the Space Logistics Market?
- What are the major challenges that the Space Logistics Market could face in the future?
- What segments are covered in the Space Logistics Market?
- What are the upcoming industry applications and trends for the Space Logistics Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Space Logistics Market?
Maximize Market Research Aerospace and Defense research firm, has also published the following reports:
Space Mining Market: The market size is expected to reach USD 30.65 Bn by 2029 at a CAGR of 13 percent during the forecast period. The market is driven by the Current and prospective mining missions, increased private stakeholder investments in space mining businesses, and government activities and regulations
Space Robotics Market: The market size is expected to reach USD 6.98 Bn by 2029 at a CAGR of 8.6 percent during the forecast period. The market is driven by less risk and relieving humans from dangerous tasks to be performed in space, high investments by the government and private firms in space exploration projects.
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