North America Small Launch Vehicle Market (2019-2025) | Size, Share, Growth, Analysis, Forecast, Trends, Value, Outlook & Revenue

Latest 2023 Developments of the North America Small Launch Vehicle Market

North America Small Launch Vehicle Market has seen the latest developments which include the increased focus of satellite manufacturers toward the development of compact satellites owing to the decreased cost and development time of small satellites has simplified the overall launch process. Due to the lightweight characteristics, shorter development cycles, high capability of executing complex computing activities, and cheaper development and launch costs, demand for these satellites has grown substantially in recent years. For instance, York Space Systems announced plans in May 2021 to build a massive manufacturing facility in Denver to increase the number of small satellites it produces by about 4 times its current manufacturing capacity. By 2021, the monopoly previously held by nation-states to be the only entities to fund, train, and send astronauts for human space exploration was ending as the first mission with exclusively private citizens—Inspiration4—was scheduled to launch in late 2021. The rocket and capsule for the flight, the training, and the funding are all provided by private entities outside of the traditional NASA process that had held the US monopoly since the early 1960s

Mergers and Acquisitions:

• In July 2021, Thales entered into a definitive agreement to acquire the Moog ground-based navigation aids business
• Shareholders at a Vector Capital-backed blank check company approved the proposed combination with Rocket Lab USA and both parties expect the merger to close in August 2021.

North America Small Launch Vehicle Market Synopsis

Mounting demand for small satellites for the commercial sector along with increasing investments in space organizations for research and development would propel the growth of the small launch vehicle market. Further, increasing technological advancements such as reusable launch vehicles are expected to positively influence market growth over the coming years.

According to 6Wresearch, North America Small Launch Vehicle Market size is anticipated to register growth during 2019-25. In the overall North America Small Launch Vehicle market share, the US has captured the major pie in 2018 and is expected to lead through the forecast period. Rising investments by organizations for developing technologies such as 3D printed electronic machinery and structure along with reusable launch vehicles would further push the Small Launch Vehicle (SLV) market growth.

On the basis of payload, the market can be broadly categorized into <20Kg, 21Kg-150Kg, 151Kg-500Kg, 501Kg-1200Kg, and 1201Kg-2200Kg. The 1201Kg-2200Kg payload segment attained the majority of the market share in 2018. However, the 501Kg-1200Kg payload segment is expected to register the highest growth rate during the forecast period.

The North America small launch vehicle market report thoroughly covers the market by payload, end-user, and key countries including the US, Canada, and the rest of the region. The North America small launch vehicle market outlook report provides an unbiased and detailed analysis of the ongoing North America small launch vehicle market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• North America Small Launch Vehicle Market Overview
• North America Small Launch Vehicle Market Outlook
• North America Small Launch Vehicle Market Forecast
• Historical Data of North America Small Launch Vehicle Market Revenues & Volume for the Period 2015-2018
• North America Small Launch Vehicle Market Size and North America Small Launch Vehicle Market Forecast of Revenues & Volume, Until 2025
• Historical Data of North America Small Launch Vehicle Market Revenues and Volume, By Payload, for the Period 2015-2018
• Market Size & Forecast of North America Small Launch Vehicle Market Revenues and Volume, By Payload, Until 2025
• Historical Data of North America Small Launch Vehicle Market Revenues and Volume, By End User, for the Period 2015-2018
• Market Size & Forecast of North America Small Launch Vehicle Market Revenues and Volume, By End User, Until 2025
• Historical Data of US Small Launch Vehicle Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of US Small Launch Vehicle Market Revenues and Volume, Until 2025
• Historical Data of Canada Small Launch Vehicle Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Canada Small Launch Vehicle Market Revenues and Volume, Until 2025
• Historical Data of Rest of North Americas Small Launch Vehicle Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Rest of North Americas Small Launch Vehicle Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• North America Small Launch Vehicle Market Price Trends
• North America Small Launch Vehicle Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Small Launch Vehicle Market Share, By Players
• North America Small Launch Vehicle Market Share, By Regions
• North America Small Launch Vehicle Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The North America Small Launch Vehicle Market report provides a detailed analysis of the following market segments:

By Payload:

• <20Kg
• 21Kg-150Kg
• 151Kg-500Kg
• 501Kg-1200Kg
• 1201Kg-2200Kg

By End Users:

• Academic
• Commercial
• Government
• Defense
• Non-Profit Organization
• Regions:
• US
• Canada