The global reusable launch vehicles market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. One of the core factors that is boosting market growth is the active participation of market players. The companies of space exploration have been flourishing across the globe for their R&D developments and satellite programs for study, connections, and defense which are crucial for most countries. Such development has intrigued governments across the globe for investing more and more. Such development, and the multiple benefits of reusable launch vehicles, have boosted the market players to focus more on reusable launch vehicles, which is contributing highly to the market.
For instance, in December 2020, the Arianne Group signed an agreement with ESA for developing Themes Reusable stage demonstrator. Succeeding preparatory work by Arianne Works, the platform of innovation accelerator formed by CNES, a French space agency, and Arianne Group, the first agreement, worth $37.7 million, was granted to Arianne Group. With the Prometheus engine powering Themis, Europe is about to be able for exploring technology for future low-cost reusable launchers. The project’s purpose is for proving Europe’s technological capability in the field of reusability by 2022, ESA member states are to be able for determining, based on Europe’s requirements, available technologies, and the evolution of the global space market. The variety of launchers is suited best for Europe’s needs in nearly 2030.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Type
- By Configuration
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including ArianeGroup, Indian Space Research Organisation, National Aeronautics, and Space Administration, Space Exploration Technologies Corp., United Launch Alliance, LLC., and others.
Reusable Launch Vehicles Market Report Segment
By Type
- Partially Reusable
- Fully Reusable
By Configuration
- Single-Stage
- Multi-Stage
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Reusable Launch Vehicles Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Airbus
- Bellatrix Aerospace Pvt. Ltd.
- Blue Origin Enterprises, L.P.
- China Aerospace Science and Technology Corp (CASC)
- German Aerospace Center
- LINKSPACE
- Masten Space Systems, Inc.
- The Boeing Co.
- Virgin Galactic, LLC
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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