The Journal of Space Commerce

The Journal of Space Commerce

Satellite Launch Vehicle Market worth $29.1 billion by 2027

Tom Patton's avatar
Tom Patton
Mar 29, 2023
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The Satellite launch vehicle market was estimated to be $15.7 billion in 2022 and is projected to reach $29.1 billion by 2027, at a CAGR of 13.1% during the forecast period according to a new report by MarketsandMarkets. Increasing space tourism, small satellite constellations, reusable launch vehicles are driving the growth of the market.

The <1,100 pou…

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