New Space / Commercial Space Market - Forecast (2022 - 2027)

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New Space / Commercial Space MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• The Global New Space/Commercial Space market size
  is forecast to reach 23.6 billion by 2026,
  growing at a CAGR of 11.2 from 2021 to 2026.
• The market growth is attributed to technological
  advancements creating demand for more
  cost-effective space operations. Moreover, the
  expansion of private investment from new space
  investors has been also positively impacting the
  growth of new space/commercial space market.
• Rapid evolution of space sector overtime have
  eventually raised the transformation bar in space
  ecosystem, driving more space related exploration
  and research activities, which in turn also
  impact its market growth

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• Key Takeaways
• Satellite IoT segment is analyzed to witness the
  fastest growth in the new space/commercial space
  market during 2021-2026, due to growing
  development of IoT based satellites.
• Military sector will grow with the highest CAGR
  during the forecast period 2021-2026, due to
  military investments on space exploration.
• North America had accounted for the largest share
  in 2020, due to growing demand for small
  satellites, rise of space observation mission and
  others.

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• New Space/Commercial Space Market Segment
  Analysis - By End Users
• Military sector is analyzed to witness the
  fastest growth in the global new space/commercial
  space market with the highest CAGR of around 6.3
  during 2021-2026.
• Rise of military security threats have been
  eventually raising the need for increasing
  satellite communication services as a part of
  ensuring intelligence, surveillance
  and reconnaissance application areas.

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• New Space/Commercial Space Market Landscape
• Blue Origin LLC
• Masten Space Systems
• Stratolaunch LLC
• Virgin Galactic
• XCOR Aerospace, Inc.
• Space Exploration Technologies Corp. (SpaceX)
• Northrop Grumman Corporation
• ORBCOMM Inc.
• Orbit International Corporation
• Orbital Sciences Corporation (Orbital ATK)

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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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