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Reusable Launch Vehicle Market Expected to Reach $3.56 Billion by 2035—Allied Market Research

 
2022
Reusable Launch Vehicle Market

Report Code : A10670

quote Demand for satellite networks and services for commercial applications is increasing. The reusable launch vehicle market is also driven by the entry of companies such as Google and Facebook, which offer commercial services that require satellite bandwidth and networks. Moreover, surge in use of commercial satellite platforms for dual (military and civilian) purposes is expected to boost the market. Satellite communications are set to become an integral part of the 5G infrastructure. Satellite transmission lines are integrated overall communication map to provide a seamless connection between ground and satellite. This creates new opportunities to expand satellite services in urban and rural areas with the aim of covering existing white zones and ensuring seamless connectivity plans for a wide range of users, including emergency services. This has spurred subsequent annual launches of satellites and driven the demand for reusable launch vehicle to achieve orbital deployment at lower cos quote

Sneha Kamble - Lead Analyst
Aerospace and Defense at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Reusable Launch Vehicle Market," The reusable launch vehicle market is expected to be valued at $1.38 billion in 2025, and is projected to reach $3.56 billion by 2035, growing at a CAGR of 10.3% from 2026 to 2035.

In 2025, North America is expected to dominate the market, in terms of revenue, followed by Asia-Pacific, Europe, and LAMEA. The global reusable launch vehicle market is projected to expand due to increased innovation, and reduced launch costs and the development of automation technologies during the forecast period. Space launch costs have been reduced by the advancement in rocket technology such as the development of reusable rocket. For instance, in April 2021, SpaceX successfully launched humans into space aboard a reused Falcon 9 rocket. The mission also involved reuse of Dragon spacecraft. Development of reusable rocket technologies has increased the affordability of launch services, which further increases the adoption of carrier rockets across the world.

There are prominent key factors that drive growth of the reusable launch vehicle market, such as rise in space exploration missions from private sector, and increase in government investment in space exploration activities. Moreover, rise in need for launch services from developing countries is also responsible for growth of the market. In addition, rise in the defense budget has enabled governments of various countries to enter into agreements with space launch vehicles manufacturers to deploy government defense payloads such as spy satellites into the space provide an opportunity for the market.

The reusable launch vehicle market is segmented basis of vehicle weight, reusable type, configuration, application, type, landing system and region. By vehicle weight, it is divided into Up to 4000 lbs, 4000 to 9000 lbs, and over 9000 lbs. By reusable type, it is segmented into partially reusable, and fully reusable. By configuration, it is divided into single stage, and multi stage. By application, the market is divided into commercial, and defense. By type, it is divided into orbital, and sub orbital. By application, the market is divided into braking, horizontal, vertical, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

KEY FINDINGS OF THE STUDY

  • By vehicle weight, the up to 4000 lbs segment is expected to register a significant growth during the forecast period.
  • By reusable type, the fully reusable segment is expected to register a significant growth during the forecast period.
  • By configuration, the single stage segment is expected to register a significant growth during the forecast period.
  • By application, the defense segment is projected to lead the global reusable launch vehicle market during the forecast period.
  • By type, the sub orbital segment is projected to lead the global reusable launch vehicle market during the forecast period.
  • By landing system, the braking segment is projected to lead the global reusable launch vehicle market during the forecast period.
  • Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Key players that operate in this reusable launch vehicle market include ArianeGroup, Blue Origin, China Academy of Launch Vehicle Technology, European Space Agency, Galactic Energy, ISRO, I-space (Beijing Interstellar Glory Space Technology Co., Ltd.), LinkSpace Aerospace Technology, Group, National Aeronautics and Space Administration (NASA), NPO-Energia (S.P. Korolev Rocket and Space Public Corporation), Orbex, PLD Space, Relativity Space, Rocket Lab USA, Inc., State Space Corporation, ROSCOSMOS, SpaceX, and United Launch Alliance, LLC.

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quote Reusable Launch Vehicle Market by Vehicle Weight (Up to 4000 lbs, 4000 to 9000 lbs, Over 9000lbs), by Reusable Type (Partially Reusable, Fully Reusable), by Configuration (Single Stage, Multi Stage), by Application (Commercial, Defense), by Type (Orbital, Sub Orbital), by Landing Systems (Braking, Horizontal, Vertical, Others): Global Opportunity Analysis and Industry Forecast, 2025-2035 quote

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