LEO 위성 발사체(SLV) 시장 전망 : 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2024-2032년)

The Global LEO Satellite Launch Vehicle (SLV) Market reached USD 13.9 billion in 2023 and is projected to grow at a 13.7% CAGR from 2024 to 2032. Satellite constellations are revolutionizing global internet accessibility, with networks like Starlink deploying clusters of small satellites in LEO. This approach aims to deliver high-speed, reliable internet to underserved and remote areas, significantly driving demand for frequent and economical satellite launches.

Advancements in miniaturization and decreasing launch costs have spurred the growth of small and micro satellites, opening new avenues for applications in Earth observation, communications, scientific research, and navigation. However, the LEO satellite launch market also encounters challenges, including regulatory issues and the rising concern over space debris, which may complicate satellite deployment and add to operational costs. Yet, the growing demand for global connectivity and Earth observation services presents notable opportunities. Reusable launch vehicle innovations are reducing costs and improving launch frequency, while government investments in space infrastructure are creating a supportive environment for industry expansion. Small satellite technology advancements further enhance market flexibility and launch efficiency.

Based on launch type, the market is divided into single-use (expendable) and reusable vehicles. The single-use segment dominated in 2023 with over a 66% market share, primarily due to its importance in carrying heavy payloads for government and commercial clients. These expendable rockets, known for reliability in delivering larger payloads, continue to meet demand despite their higher one-time costs.

By payload capacity, the market is segmented into below 500 kg, 501-2, 500 kg, and 2, 500-5, 000 kg. The below 500 kg segment is the fastest-growing, with a projected CAGR of over 14.5% through 2032. This growth is fueled by the increasing demand for small satellites used in Earth observation, telecommunications, and IoT applications. Launch providers are responding with dedicated services designed for small satellite operators, as these lightweight satellites are cost-effective and deploy quickly, making them ideal for emerging technologies.

North America led the global LEO satellite launch vehicle market in 2023 with over 36% share, a position it is expected to maintain through the forecast period. The region's leadership stems from key players like SpaceX, Blue Origin, and United Launch Alliance, as well as its strong focus on reusable rocket technology and private space initiatives. Supported by robust infrastructure and substantial government funding, such as NASA's Artemis program, North America remains at the forefront of commercial and governmental satellite launches.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definitions
• 1.2 Base estimates & calculations
• 1.3 Forecast calculations
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021-2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Supplier landscape
• 3.3 Profit margin analysis
• 3.4 Key news & initiatives
• 3.5 Regulatory landscape
• 3.6 Impact forces
  • 3.6.1 Growth drivers
    • 3.6.1.1 Huge demand for new satellite technologies and services
    • 3.6.1.2 Innovations making launches cheaper and more frequent
    • 3.6.1.3 Fast growth in global connectivity and teamwork in space projects
    • 3.6.1.4 Strong funding and partnerships driving innovation and development
    • 3.6.1.5 Fast growth in affordable and flexible satellite solutions
  • 3.6.2 Industry pitfalls & challenges
    • 3.6.2.1 Growing space debris threatens satellite safety
    • 3.6.2.2 Regulatory complexity hinders satellite launch efficiency
• 3.7 Growth potential analysis
• 3.8 Porter's analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Launch, 2021-2032 (USD Million)

• 5.1 Key trends
• 5.2 Single use/ Expendable
• 5.3 Reusable

Chapter 6 Market Estimates & Forecast, By Payload, 2021-2032 (USD Million)

• 6.1 Key trends
• 6.2 Below 500kg
• 6.3 Between 501kg to 2,500kg
• 6.4 2,500kg to 5000 kgs

Chapter 7 Market Estimates & Forecast, By Subsystem, 2021-2032 (USD Million)

• 7.1 Key trends
• 7.2 Rocket propulsion system
• 7.3 Fuel and propellant
• 7.4 Guidance system
• 7.5 Payload fairing
• 7.6 Structure
• 7.7 Telemetry, tracking & command system
• 7.8 Separation system

Chapter 8 Market Estimates & Forecast, By Application, 2021-2032 (USD Million)

• 8.1 Key trends
• 8.2 Communication
• 8.3 Earth observation
• 8.4 Technology development
• 8.5 Navigation
• 8.6 Space science

Chapter 9 Market Estimates & Forecast, By Region, 2021-2032 (USD Million)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 Germany
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Russia
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 South Korea
  • 9.4.5 Australia
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
• 9.6 MEA
  • 9.6.1 South Africa
  • 9.6.2 Saudi Arabia
  • 9.6.3 UAE

Chapter 10 Company Profiles

• 10.1 ABL Space systems
• 10.2 ARCA Space
• 10.3 Arianaspace SA
• 10.4 Blue Origin
• 10.5 C6 LAUNCH SYSTEMS
• 10.6 EPrime Aerospace
• 10.7 Firefly aerospace
• 10.8 Gilmour Space Technologies
• 10.9 HyImpulse Technologies GmbH
• 10.10 ISRAEL AEROSPACE INDUSTRY LTD.
• 10.11 MITSUBISHI HEAVY INDUSTRIES, LTD.
• 10.12 Northrop Grumman Corporation
• 10.13 Relativity Space
• 10.14 Rocket Lab
• 10.15 skyroot aerospace
• 10.16 Skyrora Limited
• 10.17 SPACE ONE CO., LTD
• 10.18 SpaceX
• 10.19 United Launch Alliance, LLC.