Space Launch Services Market – Industry Analysis and Forecast (2019-2027)

The Space Launch Services Market based on payload has been segmented into Satellite, Human Spacecraft, Cargo, Testing Probes, Satellite. The satellite segment of the Space Launch Services Market is expected to be one of the major contributors to market growth. The growing demand for Earth surveillance and communication satellites is expected to drive the market of the satellite segment. The low earth orbit (LEO) segment based on orbit is expected to hold one of the largest shares for the Space Launch Services Market during the forecast period. The land segment of the launch platform is expected to grow at a higher CAGR during the forecast period due to growth in the number of satellites launches from the ground-based platform. The land platform is cost-effective and technologically improved as compared to other platforms.

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