info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Reusable Satellite Launch Vehicle (RSLV) Market Research Report Information By Orbit Type (Low Earth Orbit, Geosynchronous Transfer Orbit, and Others), By Payload (Upto 5,000 Kg, 5,000 to 10.000 Kg, and Over 10,000 Kg), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.


ID: MRFR/A&D/4699-HCR | 100 Pages | Author: Sejal Akre| June 2024

Global Reusable Satellite Launch Vehicle (RSLV) Market Overview


Reusable Satellite Launch Vehicle (RSLV) Market Size valued at USD 3.92 Billion in 2023. The Reusable Satellite Launch Vehicle (RSLV) market industry is projected to rise from USD 4.3904 Billion in the year 2024 to USD 9.70 Billion by 2032, exhibiting a compound yearly growth rate (CAGR) of 10.41% throughout the forecast period (2023 - 2032). Increased adoption of reusable satellite launch vehicles and growth in the application of small satellite launch vehicles are the major market drivers enhancing the growth of market.


Reusable Satellite Launch Vehicle (RSLV) Market


Source The Secondary Research, Primary Research, MRFR Database, and Analyst Review


Reusable Satellite Launch Vehicle (RSLV) Market Trends


Growing adoption of reusable satellite launch vehicles is driving the market growth.


Market CAGR for reusable satellite launch vehicles (RSLV) is being driven by the rising adoption of reusable satellite launch vehicles. The development of sea-based launch platforms is expected to raise the reusability of RSLV throughout the forecast period. The growing demand for space applications and satellite constellations will proliferate the growth of the reusable satellite launch vehicle market globally. The surging investment in reusable technology development by the government and private sector boosts the growth of the market.


An Autonomous Spaceport Drone Ship (ASDS) is a barge-derived ocean-going vessel with intact engines and a large landing platform that is autonomously piloted when at a station for landing. The construction of this ship will allow first-stage sea rescue of launch vehicles for missions that don't contain enough fuel to return to the launch site after the spacecraft has entered orbit or interplanetary orbit. Space exploration programs have attained a lot of attention, with the US, Russia, China, India, and others dominating the space launch vehicle industry by offering their space capabilities. The expanding research and development initiatives have boosted the spacecraft market growth. The increasing partnerships among space institutions throughout the world for incorporating technology and making investments are fueling the market for space missions which is expected to boost the reusable launch vehicle market growth.


The surging investment by the government in research & development and start-ups is thought to be a way to address social impacts and also facilitate independence from imports with the aim to become a provider of solutions in different fields, including space. Thus, driving the Reusable Satellite Launch Vehicle (RSLV) market revenue.


Reusable Satellite Launch Vehicle (RSLV) Market Segment Insights


Reusable Satellite Launch Vehicle (RSLV) Orbit Type Insights


Reusable Satellite Launch Vehicle (RSLV) market segmentation, based on orbit type, includes Low Earth Orbit, Geosynchronous Transfer Orbit, and Others. The low earth orbit segment dominated the market, accounting for the largest market revenue due to the rising deployment of small satellites and earth observation satellites in orbit, and It is anticipated to be the rapid-growing segment throughout the forecast period. Further, the geosynchronous transfer segment is anticipated to experience drastic growth throughout the forecast period owing to the rise in space exploration programs targeting GTO orbit.


Reusable Satellite Launch Vehicle (RSLV) Payload Insights


Reusable Satellite Launch Vehicle (RSLV) market segmentation, based on payload, includes up to 5,000 Kg, 5,000 to 10,000 Kg, and Over 10,000 Kg. The over 10,000 kg segment dominates the market due to the rising deployment of heavy payload rockets and a larger number of space programs by SpaceX and other agencies; also, the rising investment activities by the major market players are boosting the growth of the market. Further, the up to 5,000 kg segment is anticipated to witness a significant rise owing to the growing deployment of small satellites in low orbit. The 5,000 to 10,000 kg segment is expected to be the rapidly growing segment because of large investments.


Figure 1: Reusable Satellite Launch Vehicle (RSLV) Market, by Payload, 2022 & 2032 (USD Billion)


Reusable Satellite Launch Vehicle (RSLV) Market, by Payload, 2022 & 2032 (USD Billion)


Source The Secondary Research, Primary Research, MRFR Database, and Analyst Review


Reusable Satellite Launch Vehicle (RSLV) Regional Insights


By region, the study gives market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Reusable Satellite Launch Vehicle (RSLV) market area dominates the market owing to the budget allocation of the government for space exploration activities and growth in several space missions. The US is the largest contributor to the growth of the reusable satellite launch vehicle market in the North American region.


Further, the prime countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil.


Figure 2: REUSABLE SATELLITE LAUNCH VEHICLE (RSLV) MARKET SHARE BY REGION 2022 (USD Billion)


REUSABLE SATELLITE LAUNCH VEHICLE (RSLV) MARKET SHARE BY REGION 2022 (USD Billion)


Source The Secondary Research, Primary Research, MRFR Database, and Analyst Review


The Asia-Pacific Reusable Satellite Launch Vehicle (RSLV) Market accounts for the second-largest market revenue due to the rising space industry, growing economy, growing space industry, and growing adoption of advanced technology in this region. Moreover, China’s Reusable Satellite Launch Vehicle (RSLV) market had the largest market share, and the Indian Reusable Satellite Launch Vehicle (RSLV) market was the fastest-growing market in the Asia-Pacific region.


Europe's Reusable Satellite Launch Vehicle (RSLV) market is expected to grow at the rapid CAGR from 2023 to 2032. This is due to the growing demand for technological advancements and growth in the European Space Agency. Further, the German Reusable Satellite Launch Vehicle (RSLV) market held the largest market revenue, and the UK Reusable Satellite Launch Vehicle (RSLV) market was the fastest-growing market in the European region.


Reusable Satellite Launch Vehicle (RSLV) Key Market Players & Competitive Insights


Leading market participants are investing heavily in research and development in order to expand their product lines, which will help the Reusable Satellite Launch Vehicle (RSLV) market grow even more. Market participants are also undertaking various strategic activities to spread their footprint, with important market developments including new product launches, mergers and acquisitions, higher investments, contractual agreements, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Reusable Satellite Launch Vehicle (RSLV) industry must offer cost-effective items.


Manufacturing locally to minimize the operational costs is one of the key business tactics utilized by manufacturers in the Reusable Satellite Launch Vehicle (RSLV) industry to benefit the clients and increase the market sector. In recent years, the Reusable Satellite Launch Vehicle (RSLV) industry has offered some of the most significant advantages to the space industry. Major players in the Reusable Satellite Launch Vehicle (RSLV) market, including Accurus Aerospace Wichita LLC, India Space Research Organization (ISRO), Sener Aero special, Blue Origin LLC, Lockheed Martin Corporation, National Aeronautics and Space Administration (NASA), Space Exploration Technologies Corp. (SpaceX), Italian Space Agency, India Space Research Organization, European Space Agency and others, are trying to increase market demand by investing in the research and development operations.


Accurus Aerospace Wichita LLC is one of the leading aerospace manufacturing facilities situated in Witchita, Kansas, which is the air capital of the world. A broad range of fabrication and machining capabilities, offering versatility to be the one-step company for all their manufacturing needs. The company is the leading Tier II provider of metallic parts, kits, and assemblies and the processing services to the aerospace and defense industry globally. In October 2021, the company, and other companies, namely, CE Machine Company Inc, Harlow Aerostructures LLC, and Orizon Aerostructures LLC, all based in the Greater Wichita area, signed a multi-year contract with Blue Origin. Engine development of Blue Origin and the development of a New Glenn, a reusable heavy-lift orbital launch fabricated to accommodate commercial, national security space missions, and civil, will be supported as per this contract between all the companies and Blue Origin.


Orbex or Orbital Express Launch Ltd, founded in the year 2015, is a United Kingdom-based aerospace company that develops a small commercial orbital rocket called Prime. The company is headquartered in Forres, Moray, in Scotland, and has subsidiaries in Denmark and Germany. The future launch complex, Sutherland Spaceport, of the company is being manufactured on the A' Mhoine peninsula in the country of Sutherland, northern Scotland. In May 2022, this UK-based company launched an eco-friendly rocket prototype for small satellites. The reusable Prime Rocket is the very first micro launcher developed in Europe. The company declared that it is preparing for the maiden flight of a rocket in a few months.


Key Companies in the Reusable Satellite Launch Vehicle (RSLV) market include

  • Accurus Aerospace Wichita LLC

  • India Space Research Organization (ISRO)

  • Sener Aerospecial

  • Blue Origin LLC

  • Lockheed Martin Corporation

  • National Aeronautics and Space Administration (NASA)

  • Space Exploration Technologies Corp. (SpaceX)

  • Italian Space Agency

  • India Space Research Organization

  • European Space Agency


Reusable Satellite Launch Vehicle (RSLV) Industry Developments


For Instance, January 2023 56 Starlink satellites were launched by Falcon 9 of SpaceX to low-Earth orbit, at the Cape Canaveral Space Force Stations, from Space Launch Complex 40, Florida, being the ninth launch and landing for this Falcon 9 first-stage booster.


For Instance, January 2022 The India Space Research Organization (ISRO) informed that it is working on a technology that will allow a GSLV MK-III rocket to land vertically and recover the first and second stages. This will eventually help the space agency to reutilize GSLV MK-III, thus saving money.


For Instance, May 2021 A contract was signed by Sener Aero special with Thales Alenia Space Italia for the development of a reusable unmanned orbital spacecraft, which is the continuation of the Intermediate Experimental Vehicles (IXV)


Reusable Satellite Launch Vehicle (RSLV) Market Segmentation


Reusable Satellite Launch Vehicle (RSLV) Orbit Type Outlook



  • Low Earth Orbit

  • Geosynchronous Transfer Orbit

  • Others


Reusable Satellite Launch Vehicle (RSLV) Payload Outlook



  • Upto 5,000 Kg

  • 5,000 to 10.000 Kg

  • Over 10,000 Kg


Reusable Satellite Launch Vehicle (RSLV) Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Reusable Satellite Launch Vehicle (RSLV) Report Scope
Report Attribute/Metric Details
Market Size 2023 USD 3.92 Billion
Market Size 2024 USD 4.3904 Billion
Market Size 2032 USD 9.70 Billion
Compound Annual Growth Rate (CAGR) 10.41% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2019- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, The Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Orbit Type, Payload, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The US, Canada, German, France, UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil
Key Companies Profiled Accurus Aerospace Wichita LLC, India Space Research Organization (ISRO), Sener Aerospecial, Blue Origin LLC, Lockheed Martin Corporation, National Aeronautics and Space Administration (NASA), Space Exploration Technologies Corp. (SpaceX), Italian Space Agency, India Space Research Organization, European Space Agency 
Key Market Opportunities Growing outsourcing of manufacturing activities.
Key Market Dynamics Increased adoption of reusable satellite launch vehicles.


Frequently Asked Questions (FAQ) :

Reusable Satellite Launch Vehicle (RSLV) market size valued at the USD 3.92 Billion in the year 2023.

The market is foreseen to rise at a CAGR of 10.41% throughout the forecast period, 2024-2032.

North America had the largest share of the market.

The key players in the market are Accurus Aerospace Wichita LLC, India Space Research Organization (ISRO), Sener Aerospecial, Blue Origin LLC, Lockheed Martin Corporation, National Aeronautics and the Space Administration (NASA), Space Exploration Technologies Corp. (SpaceX), Italian Space Agency, India Space Research Organization, and European Space Agency.

The Low Earth Orbit category dominated the market in 2023.

Over 10,000 Kg had the largest share in the market.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.