Middle East & Africa Space Launch Services Market

Middle East & Africa Space Launch Services Market Size, Share, Growth Analysis, By Orbit Type(LEO, MEO), By Launch Vehicle(Small-Lift Launch Vehicle, Medium-Lift Launch Vehicle), By Payload(Satellite, Cargo), By Country/ Sub-Region(UAE, Saudi Arabia) - Industry Forecast 2024-2031


Report ID: UCMIR20S2008 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Middle East & Africa Space Launch Services Market Insights

Market Overview:

The Middle East and Africa represent an increasingly expanding sector in the space launch services market, expected to exhibit a 9.1% Compound Annual Growth Rate (CAGR) throughout the forecast period. Projections indicate that the global space launch services market is set to surge from $8.07 billion in 2022 to $20.54 billion by 2030. The Middle East stands out as a dynamic region with substantial growth opportunities, continually pushing the boundaries in Earth observation, exploration, and mobile connectivity while actively shaping its space sector. Notably, the aerospace industry in the United Arab Emirates plays a pivotal role in the national economy, with a determined focus on crafting a robust and sustainable foundation for advanced space innovation and exploration through a long-term strategic plan.

Middle East & Africa Space Launch Services Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Airlines by segment aggregation, the contribution of the Airlines in Transportation and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Middle East & Africa Space Launch Services was estimated to be valued at US$ XX Mn in 2021.

The global Middle East & Africa Space Launch Services Market is estimated to grow at a CAGR of XX% by 2028.

The global Middle East & Africa Space Launch Services Market is segmented on the basis of Orbit Type, Launch Vehicle, Payload, Country/ Sub-Region.

Based on region, the global Middle East & Africa Space Launch Services Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Middle East & Africa Space Launch Services Market are UAE Space Agency , Egyptian Space Agency , Thaicom Public Company Limited , China Great Wall Industry Corporation , Hindustan Aeronautics Limited , CAS Space , Arianespace , Mitsubishi Heavy Industries, LTD. , Space Pioneer , Axelspace Corporation , KT Sat Co., Ltd , Intellian Technologies, Inc .

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Middle East & Africa Space Launch Services Market

Product ID: UCMIR20S2008

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