Product Code: ETC13316097 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Expendable Launch Vehicle Market was valued at USD 10.4 Billion in 2024 and is expected to reach USD 17.6 Billion by 2031, growing at a compound annual growth rate of 6.15% during the forecast period (2025-2031).
The global expendable launch vehicle market is experiencing steady growth driven by increasing demand for commercial satellite launches, government space exploration missions, and advancements in satellite technology. Key players in the market include SpaceX, United Launch Alliance, and Arianespace, among others. Factors such as the rising number of satellite constellations for communication, earth observation, and navigation services, as well as the growing interest in space tourism, are fueling the demand for expendable launch vehicles. With countries like China and India expanding their space programs and private companies entering the space industry, the market is expected to witness further growth. However, challenges such as high costs, competition from reusable launch vehicles, and regulatory constraints may hinder market expansion in the coming years.
The Global Expendable Launch Vehicle Market is experiencing a surge in demand driven by the growing satellite deployment for communication, navigation, and Earth observation purposes. The rise of commercial space exploration companies, such as SpaceX and Blue Origin, has also contributed to the increased need for launch services. Additionally, advancements in technology have led to more cost-effective and efficient launch vehicles, attracting both government and commercial customers. Opportunities in the market include the development of small satellite launchers to cater to the growing demand for small satellite launches and the expansion of launch services to emerging space markets in Asia and Africa. Collaboration between space agencies and private companies for joint missions and the increasing focus on sustainability and reusability in launch vehicle design are also key trends shaping the market.
The Global Expendable Launch Vehicle Market faces several challenges, including intense competition among market players, rising development costs for new launch vehicles, and the rapid technological advancements in reusable launch vehicle technology. Additionally, geopolitical factors, regulatory hurdles, and uncertainties in government policies regarding space exploration and commercial satellite launches can impact the market. Furthermore, the increasing demand for more cost-effective and reliable launch solutions from both government and commercial sectors adds pressure on companies to innovate and improve their offerings. Overall, navigating these challenges requires market players to invest in research and development, establish strategic partnerships, and adapt quickly to changing market dynamics to stay competitive in the Global Expendable Launch Vehicle Market.
The Global Expendable Launch Vehicle Market is primarily driven by the increasing demand for commercial satellite launches, government space exploration programs, and a growing number of space missions by various countries and private companies. Technological advancements in launch vehicle systems, such as the development of reusable rockets and the expanding commercial space industry, are also fueling market growth. Additionally, the rising need for deploying small satellites for communication, Earth observation, and scientific research purposes is boosting the demand for expendable launch vehicles. Government initiatives to enhance national security through satellite deployments and the growing interest in deep space exploration missions further contribute to the market`s growth trajectory.
Government policies related to the Global Expendable Launch Vehicle Market primarily focus on regulations concerning safety, security, and environmental impact. Regulatory bodies such as the Federal Aviation Administration (FAA) in the United States and the European Space Agency (ESA) in Europe enforce guidelines for launch vehicle operations to ensure compliance with safety standards and prevent accidents. Additionally, governments often provide financial incentives and support for the development of launch vehicle technologies through funding programs and partnerships with private companies. There is also a growing emphasis on sustainability and reducing the environmental footprint of launch activities, with governments encouraging the use of greener propulsion systems and promoting responsible disposal of expended rocket stages to minimize space debris. Overall, government policies play a significant role in shaping the regulatory framework and fostering innovation in the Global Expendable Launch Vehicle Market.
The Global Expendable Launch Vehicle Market is poised for significant growth in the coming years, driven by the increasing demand for satellite launches, space exploration missions, and commercial space activities. The rise of small satellite launches, advancements in technology, and the emergence of new players in the space industry are expected to fuel market expansion. Additionally, the growing interest in mega-constellations for communication and Earth observation purposes will further boost the demand for expendable launch vehicles. With the increasing privatization of space activities and government investments in space exploration, the market is projected to witness a steady increase in demand and innovation, creating opportunities for existing and new market players to capitalize on the expanding space industry.
In the Global Expendable Launch Vehicle Market, the regional insights vary significantly. Asia, particularly China and India, are major players with increasing investments in space programs and a growing number of satellite launches. North America, dominated by the United States, remains a key market leader with established space agencies and commercial launch providers. Europe, led by countries like France and Germany, also plays a significant role with advanced technology and collaboration through the European Space Agency. The Middle East and Africa region is seeing emerging interest in space activities, driven by countries like the UAE and South Africa investing in space exploration. Latin America, with countries like Brazil, is focusing on developing their space capabilities, contributing to the overall growth of the expendable launch vehicle market.
Global Expendable Launch Vehicle Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Expendable Launch Vehicle Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Expendable Launch Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Global Expendable Launch Vehicle Market - Industry Life Cycle |
3.4 Global Expendable Launch Vehicle Market - Porter's Five Forces |
3.5 Global Expendable Launch Vehicle Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Expendable Launch Vehicle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Expendable Launch Vehicle Market Revenues & Volume Share, By Launch Vehicle Type, 2021 & 2031F |
3.8 Global Expendable Launch Vehicle Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
3.9 Global Expendable Launch Vehicle Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Expendable Launch Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Expendable Launch Vehicle Market Trends |
6 Global Expendable Launch Vehicle Market, 2021 - 2031 |
6.1 Global Expendable Launch Vehicle Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Expendable Launch Vehicle Market, Revenues & Volume, By Single-Stage Launch Vehicles, 2021 - 2031 |
6.1.3 Global Expendable Launch Vehicle Market, Revenues & Volume, By Multi-Stage Launch Vehicles, 2021 - 2031 |
6.1.4 Global Expendable Launch Vehicle Market, Revenues & Volume, By Reusable Expendable Launch Vehicles, 2021 - 2031 |
6.1.5 Global Expendable Launch Vehicle Market, Revenues & Volume, By Low-Cost Expendable Launch Vehicles, 2021 - 2031 |
6.2 Global Expendable Launch Vehicle Market, Revenues & Volume, By Launch Vehicle Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Expendable Launch Vehicle Market, Revenues & Volume, By Solid Rocket Motors, 2021 - 2031 |
6.2.3 Global Expendable Launch Vehicle Market, Revenues & Volume, By Liquid Propellant, 2021 - 2031 |
6.2.4 Global Expendable Launch Vehicle Market, Revenues & Volume, By Hybrid Rocket Engines, 2021 - 2031 |
6.2.5 Global Expendable Launch Vehicle Market, Revenues & Volume, By Solid Propellant, 2021 - 2031 |
6.3 Global Expendable Launch Vehicle Market, Revenues & Volume, By Payload Capacity, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Expendable Launch Vehicle Market, Revenues & Volume, By 500“2 and 500 kg, 2021 - 2031 |
6.3.3 Global Expendable Launch Vehicle Market, Revenues & Volume, By 2 and 500“10, 2021 - 2031 |
6.3.4 Global Expendable Launch Vehicle Market, Revenues & Volume, By 500“1 and500 kg, 2021 - 2031 |
6.4 Global Expendable Launch Vehicle Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Expendable Launch Vehicle Market, Revenues & Volume, By Space Agencies, 2021 - 2031 |
6.4.3 Global Expendable Launch Vehicle Market, Revenues & Volume, By Commercial Aerospace Companies, 2021 - 2031 |
6.4.4 Global Expendable Launch Vehicle Market, Revenues & Volume, By Private Space Enterprises, 2021 - 2031 |
6.4.5 Global Expendable Launch Vehicle Market, Revenues & Volume, By Governments and Research Institutes, 2021 - 2031 |
7 North America Expendable Launch Vehicle Market, Overview & Analysis |
7.1 North America Expendable Launch Vehicle Market Revenues & Volume, 2021 - 2031 |
7.2 North America Expendable Launch Vehicle Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Expendable Launch Vehicle Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Expendable Launch Vehicle Market, Revenues & Volume, By Launch Vehicle Type, 2021 - 2031 |
7.5 North America Expendable Launch Vehicle Market, Revenues & Volume, By Payload Capacity, 2021 - 2031 |
7.6 North America Expendable Launch Vehicle Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Expendable Launch Vehicle Market, Overview & Analysis |
8.1 Latin America (LATAM) Expendable Launch Vehicle Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Expendable Launch Vehicle Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Expendable Launch Vehicle Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Expendable Launch Vehicle Market, Revenues & Volume, By Launch Vehicle Type, 2021 - 2031 |
8.5 Latin America (LATAM) Expendable Launch Vehicle Market, Revenues & Volume, By Payload Capacity, 2021 - 2031 |
8.6 Latin America (LATAM) Expendable Launch Vehicle Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Expendable Launch Vehicle Market, Overview & Analysis |
9.1 Asia Expendable Launch Vehicle Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Expendable Launch Vehicle Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Expendable Launch Vehicle Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Expendable Launch Vehicle Market, Revenues & Volume, By Launch Vehicle Type, 2021 - 2031 |
9.5 Asia Expendable Launch Vehicle Market, Revenues & Volume, By Payload Capacity, 2021 - 2031 |
9.6 Asia Expendable Launch Vehicle Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Expendable Launch Vehicle Market, Overview & Analysis |
10.1 Africa Expendable Launch Vehicle Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Expendable Launch Vehicle Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Expendable Launch Vehicle Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Expendable Launch Vehicle Market, Revenues & Volume, By Launch Vehicle Type, 2021 - 2031 |
10.5 Africa Expendable Launch Vehicle Market, Revenues & Volume, By Payload Capacity, 2021 - 2031 |
10.6 Africa Expendable Launch Vehicle Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Expendable Launch Vehicle Market, Overview & Analysis |
11.1 Europe Expendable Launch Vehicle Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Expendable Launch Vehicle Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Expendable Launch Vehicle Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Expendable Launch Vehicle Market, Revenues & Volume, By Launch Vehicle Type, 2021 - 2031 |
11.5 Europe Expendable Launch Vehicle Market, Revenues & Volume, By Payload Capacity, 2021 - 2031 |
11.6 Europe Expendable Launch Vehicle Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Expendable Launch Vehicle Market, Overview & Analysis |
12.1 Middle East Expendable Launch Vehicle Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Expendable Launch Vehicle Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Expendable Launch Vehicle Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Expendable Launch Vehicle Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Expendable Launch Vehicle Market, Revenues & Volume, By Launch Vehicle Type, 2021 - 2031 |
12.5 Middle East Expendable Launch Vehicle Market, Revenues & Volume, By Payload Capacity, 2021 - 2031 |
12.6 Middle East Expendable Launch Vehicle Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Expendable Launch Vehicle Market Key Performance Indicators |
14 Global Expendable Launch Vehicle Market - Export/Import By Countries Assessment |
15 Global Expendable Launch Vehicle Market - Opportunity Assessment |
15.1 Global Expendable Launch Vehicle Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Expendable Launch Vehicle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Expendable Launch Vehicle Market Opportunity Assessment, By Launch Vehicle Type, 2021 & 2031F |
15.4 Global Expendable Launch Vehicle Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
15.5 Global Expendable Launch Vehicle Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Expendable Launch Vehicle Market - Competitive Landscape |
16.1 Global Expendable Launch Vehicle Market Revenue Share, By Companies, 2024 |
16.2 Global Expendable Launch Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |