세계의 궤도 우주비행 시장 평가 : 미션 유형별, 차량 유형별, 궤도별, 지역별, 기회 및 예측(2018-2032년)

Global orbital spaceflight market is projected to witness a CAGR of 6.21% during the forecast period 2025-2032, growing from USD 13.51 billion in 2024 to USD 21.88 billion in 2032. The global market for orbital spaceflight continues to grow due to technological progress and rising commercial funding. Companies have increased their presence in the market by developing reusable rocket systems and expanding satellite deployment capabilities. The market is expanding due to satellite-based services such as communication and navigation, as well as Earth observation, experiencing a rise in customer demand.

Government agencies, along with commercial entities, form international partnerships that promote research activities while speeding up space exploration development. The industry currently moves toward affordable small satellite launch operations and large-scale satellite constellations, which provide worldwide connectivity. The market attracts new players due to accessibility improvements, which leads to its dynamic growth.

For instance, in November 2024, the National Aeronautics and Space Administration (NASA), Vast Space, LLC, Blue Origin Enterprises, L.P., and Northrop Grumman Corporation together advanced the low Earth orbit projects, boosting the orbital spaceflight market with new commercial space station initiatives.

Scientific Research and Exploration Drives the Orbital Spaceflight Market Growth

The development of orbital spaceflight markets depends heavily on scientific research, together with exploration, due to technological progress creates higher requirements for advanced spacecraft capabilities. Both governments and private organizations allocate funds toward missions that explore space phenomena as well as enhance satellite capabilities and create new propulsion systems. The expanding interest in deep-space exploration, together with planetary research and space-based laboratories, drives faster growth in manufacturing and launch services alongside infrastructure development. The space tourism industry, along with reusable rocket technology, expands the market by creating new business opportunities and funding options. Through its research efforts, the industry continues to push knowledge boundaries, which leads to new opportunities for both commercial and scientific operations.

For instance, in December 2024, HyImpulse Technologies GmbH revealed the HyMOVE Orbital Transfer Vehicle in collaboration with Spacemanic Ltd., which operates up to 10 nanosatellite missions. The joint effort between these companies advances scientific research while expanding the orbital spaceflight market through innovative, adaptable, and environmentally friendly small satellite deployment systems.

Increasing Satellite Deployment Fuels the Orbital Spaceflight Market Growth

The expanding deployment of satellites has generated rapid growth throughout the orbital spaceflight industry. The development of reusable rockets along with smaller satellite technology reduces launch expenses, which allows repeated satellite deployments for communication networks and earth monitoring systems, and defense purposes. The private sector, together with national space programs, drives faster innovation while creating competitive conditions that expand commercial space business opportunities. In addition, the small satellites, together with mega-constellations, have transformed global connectivity systems and data services across the world. The increasing orbital congestion, together with sustainability issues, has generated discussions about managing space traffic. The rising demand for satellite-based solutions positions the industry to maintain its growth while achieving technological advancements.

For instance, in October 2023, Skyroot Aerospace Private Limited introduced its Vikram 1 orbital launch vehicle, which can send 480 kilograms into low Earth orbit. The improved satellite deployment capability drives substantial expansion of the worldwide orbital spaceflight market by creating fresh launch opportunities.

Reusable Launch Vehicle Dominates the Orbital Spaceflight Market Share

The orbital spaceflight market currently transforms reusable launch vehicles, which both lower expenses and increase launch operations. These vehicles enable multiple missions with the same hardware, improving efficiency and sustainability while addressing concerns about space debris. Satellite deployment needs, together with commercial space exploration activities, push investors to fund RLV technology development. Several organizations direct substantial amounts of funding toward building upcoming reusable rockets, which will deliver better payload capabilities together with improved reliability. Various government agencies, together with private organizations, work to speed up development, which creates a competitive environment that produces innovations. Reusable launch vehicles established themselves as the main operational standard for the industry, which will direct the future development of space transportation.

For instance, in January 2025, Stoke Space Technologies, Inc. secured USD 260 million through Series C funding, which raised their overall investment total to USD 480 million. This supports the development of the Nova rocket, which is fully reusable, thus accelerating the market shift toward reusable launch vehicles while making space access fast and cost-effective.

North America Dominates the Global Orbital Spaceflight Market Size

The orbital spaceflight market shows its strongest presence in North America due to reusable rocket technology and satellite deployment, along with space tourism. The region receives substantial government support as well as private sector funding, which drives innovation in launch capabilities and spacecraft development. Market growth is driven by rising requirements for communication satellites, together with Earth observation missions. Recent industry developments include small satellite technology alongside budget-friendly launch methods that broaden space accessibility. The industry competition evolves through fast-paced technological development, together with tactical business partnerships. North America leads industry development by establishing standards for worldwide space exploration operations and commercial orbital activities.

For instance, in June 2023, Firefly Aerospace, Inc. revealed its strategic acquisition of Spaceflight Inc. to improve satellite servicing and logistics in orbit. The acquisition brings together North American spaceflight leadership while using state-of-the-art deployment capabilities to fulfill expanding commercial and governmental requirements for space operations.

Impact of U.S. Tariffs on the Global Orbital Spaceflight Market

The implementation of tariffs on aerospace materials, including aluminum and electronics, raises production expenses, which drives up the costs of making spacecraft and satellites.

Space companies that depend on international suppliers experience delays and increased expenses, thus they need to switch to domestic alternatives, which might operate at lower efficiency levels.

The combination of higher expenses along with difficulties in obtaining materials causes mission delays that impact both commercial space projects and research-based space missions.

U.S. firms receive financial incentives to develop domestic manufacturing operations, which decreases their dependence on international suppliers, yet may decrease the variety of technologies available.

Key Players Landscape and Outlook

The orbital spaceflight market develops at a rapid pace while the main companies drive substantial progress in launch technology and satellite deployment, and space exploration. These leading organizations dedicate resources to developing reusable rockets and compact satellites, together with budget-friendly launch platforms that reduce space access costs. The technological advancements made by these companies fuel market competition while creating international partnerships and unlocking new commercial applications across telecommunications and Earth observation, and scientific research. Market development receives support from government alliances with private funding, even though regulatory and logistical obstacles remain present. The future of orbital missions and deep-space exploration will be shaped by these players through their technological advancements.

For instance, in December 2024, Vast Space LLC. revealed an agreement with Space Exploration Technologies Corp. (SpaceX) to operate two spaceflight missions, which use Falcon 9 and Crew Dragon to access the International Space Station. The partnership between these two companies will push forward NASA relations while helping Vast grow its standing within the changing orbital spaceflight sector.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

• 5.1. Respondent Demographics
• 5.2. Brand Awareness

6. Global Orbital Spaceflight Market Outlook, 2018-2032F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Mission Type
    • 6.2.1.1. Commercial
    • 6.2.1.2. Government
    • 6.2.1.3. Scientific
    • 6.2.1.4. Defense
  • 6.2.2. By Vehicle Type
    • 6.2.2.1. Reusable Launch Vehicle
    • 6.2.2.2. Expendable Launch Vehicle
  • 6.2.3. By Orbit
    • 6.2.3.1. LEO
    • 6.2.3.2. MEO
    • 6.2.3.3. GEO
    • 6.2.3.4. Beyond GEO
  • 6.2.4. By Region
    • 6.2.4.1. North America
    • 6.2.4.2. Europe
    • 6.2.4.3. Asia-Pacific
    • 6.2.4.4. South America
    • 6.2.4.5. Middle East and Africa
  • 6.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 6.3. Market Map Analysis, 2024
  • 6.3.1. By Mission Type
  • 6.3.2. By Vehicle Type
  • 6.3.3. By Orbit
  • 6.3.4. By Region

7. North America Orbital Spaceflight Market Outlook, 2018-2032F

• 7.1. Market Size Analysis & Forecast
  • 7.1.1. By Value
• 7.2. Market Share Analysis & Forecast
  • 7.2.1. By Mission Type
    • 7.2.1.1. Commercial
    • 7.2.1.2. Government
    • 7.2.1.3. Scientific
    • 7.2.1.4. Defense
  • 7.2.2. By Vehicle Type
    • 7.2.2.1. Reusable Launch Vehicle
    • 7.2.2.2. Expendable Launch Vehicle
  • 7.2.3. By Orbit
    • 7.2.3.1. LEO
    • 7.2.3.2. MEO
    • 7.2.3.3. GEO
    • 7.2.3.4. Beyond GEO
  • 7.2.4. By Country Share
    • 7.2.4.1. United States
    • 7.2.4.2. Canada
    • 7.2.4.3. Mexico
• 7.3. Country Market Assessment
  • 7.3.1. United States Orbital Spaceflight Market Outlook, 2018-2032F*
    • 7.3.1.1. Market Size Analysis & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share Analysis & Forecast
      • 7.3.1.2.1. By Mission Type
        • 7.3.1.2.1.1. Commercial
        • 7.3.1.2.1.2. Government
        • 7.3.1.2.1.3. Scientific
        • 7.3.1.2.1.4. Defense
      • 7.3.1.2.2. By Vehicle Type
        • 7.3.1.2.2.1. Reusable Launch Vehicle
        • 7.3.1.2.2.2. Expendable Launch Vehicle
      • 7.3.1.2.3. By Orbit
        • 7.3.1.2.3.1. LEO
        • 7.3.1.2.3.2. MEO
        • 7.3.1.2.3.3. GEO
        • 7.3.1.2.3.4. Beyond GEO
  • 7.3.2. Canada
  • 7.3.3. Mexico

All segments will be provided for all regions and countries covered

8. Europe Orbital Spaceflight Market Outlook, 2018-2032F

• 8.1. Germany
• 8.2. France
• 8.3. Italy
• 8.4. United Kingdom
• 8.5. Russia
• 8.6. Netherlands
• 8.7. Spain
• 8.8. Turkey
• 8.9. Poland

9. Asia-Pacific Orbital Spaceflight Market Outlook, 2018-2032F

• 9.1. India
• 9.2. China
• 9.3. Japan
• 9.4. Australia
• 9.5. Vietnam
• 9.6. South Korea
• 9.7. Indonesia
• 9.8. Philippines

10. South America Orbital Spaceflight Market Outlook, 2018-2032F

• 10.1. Brazil
• 10.2. Argentina

11. Middle East and Africa Orbital Spaceflight Market Outlook, 2018-2032F

• 11.1. Saudi Arabia
• 11.2. UAE
• 11.3. South Africa

12. Porter's Five Forces Analysis

13. PESTLE Analysis

14. Market Dynamics

• 14.1. Market Drivers
• 14.2. Market Challenges

15. Market Trends and Developments

16. Policy and Regulatory Landscape

17. Case Studies

18. Competitive Landscape

• 18.1. Competition Matrix of Top 5 Market Leaders
• 18.2. SWOT Analysis for Top 5 Players
• 18.3. Key Players Landscape for Top 10 Market Players
  • 18.3.1. Virgin Galactic Holdings, Inc.
    • 18.3.1.1. Company Details
    • 18.3.1.2. Key Management Personnel
    • 18.3.1.3. Products
    • 18.3.1.4. Financials
    • 18.3.1.5. Key Market Focus and Geographical Presence
    • 18.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 18.3.2. Space Exploration Technologies Corp. (SpaceX)
  • 18.3.3. Blue Origin Federation LLC
  • 18.3.4. Arianespace SA
  • 18.3.5. Northrop Grumman Corporation
  • 18.3.6. The Boeing Company
  • 18.3.7. Lockheed Martin Corporation
  • 18.3.8. China Aerospace Science and Technology Corporation
  • 18.3.9. Rocket Lab USA, Inc.
  • 18.3.10. Roscosmos State Corporation for Space Activities

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

19. Strategic Recommendations

20. About Us and Disclaimer