The satellite manufacturing and launch system refer to systems that are used for remote transmission, detection, inspection, communication, traffic control, and telemetry. A satellite is an artificially designed machine, placed in an earth’s orbit to perform various applications such as navigation, weather monitoring, and space telescopes. A launch vehicle is used to place a satellite into earth’s orbit. The main technology types in the satellite manufacturing and launch systems market are satellite manufacturing and satellite launch system. The prime contractor and manufacturer of the satellite that is a party to the satellite purchase agreement are referred to as the satellite manufacturer. Satellite manufacturing and launch systems are lower earth orbit (LEO) satellites, medium earth orbit (MEO) satellites, geosynchronous equatorial orbit (GEO) satellites, and beyond GEO satellites types that have applications in commercial communications, government communications, earth observation services, research and development, navigation, military surveillance, scientific applications, other applications and can be used by military and government, commercial and other end-users. The satellite manufacturing and launch systems market research report is one of a series of new reports from The Business Research Company that provides satellite manufacturing and launch systems market statistics, including satellite manufacturing and launch systems industry global market size, regional shares, competitors with a satellite manufacturing and launch systems market share, detailed satellite manufacturing and launch systems market segments, market trends and opportunities, and any further data you may need to thrive in the satellite manufacturing and launch systems industry. This satellite manufacturing and launch systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global satellite manufacturing and launch systems market size grew from $22.69 billion in 2022 to $25.09 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The satellite manufacturing and launch systems market size is expected to grow to $35.12 billion in 2027 at a CAGR of 8.8%. The increased demand for satellites from the civil/government, commercial, and military sectors is significantly contributing to the growth of the satellite manufacturing and launch market. Satellite technologies are rapidly used by military forces around the world to enhance their defense resources. Various tests and experiments are being carried out by government organizations and defense forces across the world to launch space-attacking facilities. Ground-to-space war, like attacking satellites from the earth, space-to-space war, such as satellites attacking satellites, and space-to-earth war, such as satellites targeting earth-based objects, are all several types of space warfare. For instance, in May 2021, United Launch Alliance (ULA), launched the fifth Space-Based Infrared System satellite for the U.S. space force. With the help of its onboard infrared sensors, the $1 billion satellite, built by a US-based aerospace company, Lockheed Martin, is created to recognize and track plumes produced by missile launches throughout the world. Its abilities will allow the US to prepare for any imminent attacks. Therefore, increased demand for satellites from the civil/government, commercial, and military sectors is expected to drive the growth of the satellite manufacturing and launch market. The utilization of 3D technology in manufacturing is a key trend gaining popularity in the satellite manufacturing and the launch systems market. 3D printing makes available a final product to be generated directly through computer-aided drafting (CAD) designing. The 3D printing technology, frequently described as additive manufacturing, is used by the satellite industry to optimize cost, accelerate production, and increase performance. This technology is used to design and manufacture various components of satellites such as radiofrequency components, antennas, and others. For instance, in February 2021, Netherlands-based aerospace company, Airbus designed a radiofrequency component for its telecommunication satellite by using its additive layer manufacturing (ALM) technology also called 3D printing. Furthermore, In January 2022, Fleet space an Australian company developed the first fully 3D printed satellite Alpha, which launched in the next 12 months. Alpha had a major step forward and for the first time, a satellite has been created entirely through 3D printing. By bringing together the deployment, creation, and service of space technology this has become a global leader in space technology and supports Australia’s ambition to lead this critical field. In September 2021, BAE Systems, a UK-based multinational arms, security, and the aerospace company announced the acquisition of In-Space Missions with a deal value of $18 million. This acquisition is subject to combining a range of space capabilities that help deliver information advantage, multi-domain operations, and networking for its customers. In-Space Missions is a UK-based company, that specialized in designing, building, and operating satellites and satellite systems. Major players in the satellite manufacturing and launch systems market are Northrop Grumman Corporation, ArianeGroup, Space Exploration Technologies Corp., Blue Origin, Lockheed Martin Corporation, The Boeing Company, Sierra Nevada Corporation, Thales Group, Maxar Technologies Inc., Dynetics Inc., Nano Avionics, Israel Aerospace Industries Ltd., and OHB SE. North America was the largest region in the satellite manufacturing and launch systems market in 2022. The Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite manufacturing and launch systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the satellite manufacturing and launch systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The satellite manufacturing and launch system market consists of sales of satellite and launch systems such as highly elliptical orbit, near-polar sun-synchronous orbit, polar orbit, and geostationary transfer orbit.  Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global satellite manufacturing and launch systems market is segmented - 1) By Technology Type: Satellite Manufacturing, Satellite Launch System 2) By Satellite Type: Lower Earth Orbit (LEO) Satellites, Medium Earth Orbit (MEO) Satellites, Geosynchronous Equatorial Orbit (GEO) Satellites, Beyond GEO Satellites 3) By Application: Commercial Communications, Government Communications, Earth Observation Services, Research and Development, Navigation, Military Surveillance, Scientific Applications, Other Applications 4) By End-User: Military and Government, Commercial, Other End-Users

Space situational awareness refers to tracking objects in space, including their identification, orbit determination, awareness of the environment they are working in, and prediction of future positions and potential dangers. It is used to forecast object collisions and warn space operators of potentially hazardous close approaches in order to enable collision avoidance operations. The major solutions in space situational awareness are service, payload systems, and software. The service refers to the characterization of space objects to ascertain their orbital trajectory, size, shape, mass, composition, rotational dynamics, and other parameters. The different capabilities include detect, track, and identify (d/t/id), threat warning, and assessment and characterization. The major objects include mission-related debris, rocket bodies, fragmentation debris, functional spacecraft, non-functional spacecraft, and others. The main orbital ranges are near-earth and deep space. Commercial, government, and military are the major end users. The space situational awareness market research report is one of a series of new reports from The Business Research Company that provides space situational awareness market statistics, including space situational awareness industry global market size, regional shares, competitors with space situational awareness market share, detailed space situational awareness market segments, market trends, and opportunities, and any further data you may need to thrive in the space situational awareness industry. This space situational awareness market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global space situational awareness market size grew from $1.29 billion in 2022 to $1.42 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The space situational awareness market size is expected to grow to $1.87 billion in 2027 at a CAGR of 7.1%. The increase in demand for space-based sensing activities propels the growth of the space situational awareness market going forward. The space-based sensing activities refer to the remote sensing technology that profiles the earth's atmosphere and ionosphere with high vertical resolution and global coverage using GNSS (such as GPS) readings acquired by low-Earth orbiting satellites. The majority of governments employ space situational awareness to plan their space activities because it makes it possible to predict the orbital paths of cataloged objects and trash. For instance, in May 2021, according to the data published by EUROCONTROL, a Belgium-based organization for the safety of air navigation, Aireon’s space-based ADS-B system was integrated into NM’s Enhanced Traffic Flow Management System (ETFMS), which enabled real-time air traffic surveillance data monitoring and improved traffic predictability by 20%. Furthermore, in September 2021, HawkEye 360, a US-based geospatial analytics company, launched 3 satellites into orbit for the analysis of RF geospatial intelligence. Therefore, increasing demand for space-based sensing activities is driving the growth of the space situational awareness market. Technological advancement has been an emerging trend gaining popularity in the space situational awareness market. Major companies operating in the space situational awareness sector are focused on technological advancement to sustain their position in the market. For instance, in April 2022, Fujitsu, a Japan-based information and communications technology equipment and services company, introduced new technology for mapping and analyzing space debris. This technology consists of an SSA (Space Situational Awareness System) system along with radar and an optical telescope. The new radar from JAXA (Japan Aerospace Exploration Agency), integrated with technology, is intended to observe roughly 10,000 objects each day and can also detect tiny things. This technology enables operators to automatically determine the likelihood of a predicted collision and make the required route adjustments to reduce hazards and prevent any potential collisions with space junk. In October 2020, Ansys, a US-based engineering simulation software company, acquired Analytical Graphics Inc. (AGI) for a deal amount of $ 722.5 million. Ansys expanded its simulation portfolio by incorporating AGI's space situational awareness tools and enabling its customers to stimulate the space mission from the chip level up to the satellite's orbital mechanics and connectivity to ground stations. Analytical Graphics Inc. is a US-based defense and space manufacturing company engaged in space situational awareness capabilities. Major players in the space situational awareness market are Lockheed Martin Corporation, Kratos Defense & Security Solutions Inc., Polaris Alpha Advanced Systems Inc., Applied Defense Solutions, Schafer, L3 Harris Technologies, Harris Company, GMV Corporation, Vision Engineering Solutions, Norstar Space Data, SpaceNav LLC, Elecnor Deimos Group, ExoAnalytic Solutions Inc., Honeywell International Inc., and DRS Technologies. North America was the largest region in the space situational awareness market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the space situational awareness market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the space situational awareness market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The space situational awareness market includes revenues earned by entities from space weather forecasts and warnings, radiofrequency interference notifications, disposal/end-of-life-support, tracking space debris, re-entry predictions, orbit determination, launch and early orbit phase, on-orbit conjunction assessment, mission support & navigation, de-orbit support, breakups and separations, space object identification and launch detection. The market value includes the value of related goods sold by the service provider or included within the service offering. The space situational awareness market also includes sales of radar sensors, telescopes, satellites, orbit determination tool kits, comspoc, space data center, space event generators, and joint space operations centers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global space situational awareness market is segmented - 1) By Solution: Service, Payload Systems, Software 2) By Capability: Detect, Track, And Identify (D/T/Id), Threat Warning And Assessment, Characterization 3) By Object: Mission-Related Debris, Rocket Bodies, Fragmentation Debris, Functional Spacecraft, Non-Functional Spacecraft, Other Objects 4) By Orbital Range: Near-Earth, Deep Space 5) End Use: Commercial, Government And Military

A reusable launch vehicle refers to a launch vehicle that can be launched more than once. It is designed to return to earth completely unharmed, or it has vehicle stages that a launch operator may be retrieved and employed in the future to run an essentially comparable launch vehicle. These vehicles can dramatically reduce launch costs, decreasing the barrier to entry into space. The main types of reusable launch vehicle are partially reusable launch vehicle and fully reusable launch vehicle. Partially reusable launch vehicles refer to launch vehicles that allow the reuse of the first stage. Partially reusable launch vehicles are used to save launch expenses by 30% to 40% overall. The different types of reusable launch vehicle are low earth orbit (LEO) and geosynchronous transfer orbit (GTO), that has multiple vehicle weight up to 6,000 lbs, 6,000 to 10,000 lbs and over 10,000 lbs, which is configured in a single stage and multistage. The different applications include commercial and defense. The reusable launch vehicle market research report is one of a series of new reports from The Business Research Company that provides reusable launch vehicle market statistics, including reusable launch vehicle industry global market size, regional shares, competitors with a reusable launch vehicle market share, detailed reusable launch vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the reusable launch vehicle industry. This reusable launch vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global reusable launch vehicle market size grew from $1.88 billion in 2022 to $2.15 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The reusable launch vehicle market size is expected to grow to $3.38 billion in 2027 at a CAGR of 12.0%. The rise in satellite launches is expected to propel the growth of the reusable launch vehicle market going forward. Satellite launches refer to the launch of satellites into space or the air. The rise in satellite launches can profit from using reusable launch vehicles as they reduce the cost of launching the satellite. For instance, in October 2020, according to the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, 2,666 active satellites were orbiting the earth in April 2020. Furthermore, it is expected that 990 satellites will be launched per year for the next ten years, counting 15,000 satellites in orbit by 2028. Additionally, following the launch of 358 satellites in April, SpaceX launched 175 additional satellites in a single month, from August to September 2020. Therefore, the rise in satellite launches drives the growth of the reusable launch vehicle market. Technology advancement is a key trend gaining popularity in the reusable launch vehicle market. Major companies operating in reusable launch vehicles are developing technologically advanced reusable launched vehicles to sustain their position in the market. For instance, in September 2022, ArianeGroup, a France-based aerospace company, launched Susie (Smart Upper Stage for Innovative Exploration). Susie is a versatile, modular, safe, and dependable vehicle used to carry out critical tasks in space. It has a huge internal bay (40 m3) that will be ideal for freight or payload transport along with crewed flights. Susie is a fully integrated concept that aims to increase reuse opportunities and thus reduce operational costs. In August 2021, Vector Acquisition Corporation, a US-based financial services company, merged with Rocket Lab. With this merger, both companies intend to support future space application activities to supply data and services from space and additional organic and inorganic expansion in the Space Systems ecosystem. Rocket Lab is a US-based company that manufactures reusable launch vehicles. Major players in the reusable launch vehicle market are LinkSpace Aerospace Technology Group, Blue Origin LLC, the National Aeronautics and Space Administration (NASA), the Indian Space Research Organisation, Space Exploration Technologies Corp. (SpaceX), The Boeing Company, the United Launch Alliance (ULA), the European Space Agency, Ariane Group, the German Aerospace Center, Relativity Space, Galactic Energy, I-space (Beijing Interstellar Glory Space Technology Co., Ltd.), PLD Space, and Bellatrix Aerospace. North America was the largest region in the reusable launch vehicle market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the reusable launch vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the reusable launch vehicle market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The reusable launch vehicle market consists of sales of satellites, spacecraft, spaceships, and rockets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global reusable launch vehicle market is segmented - 1) By Type: Partially Reusable Launch Vehicle, Fully Reusable Launch Vehicle 2) By Orbit Type: Low Earth Orbit (LEO), Geosynchronous Transfer Orbit (GTO) 3) By Vehicle Weight: Up to 6,000 lbs, 6,000 to 10,000 lbs, Over 10,000 lbs 4) By Configuration: Single Stage, Multi Stage 5) By Application: Commercial, Defense 

Space propulsion is a technique used to accelerate spacecraft and artificial satellites. Spacecrafts are mainly propelled by the use of a rocket engine. The main types of space propulsion are chemical propulsion and non-chemical propulsion. Chemical propulsion refers to propulsion in which the thrust is provided by the product of a chemical reaction, normally burning (or oxidizing) a fuel. By platform, types of space propulsion include satellites, capsules\cargos, interplanetary spacecraft and probes, rovers/spacecraft landers, and launch vehicles. Major end users of space propulsion are commercial and government and defense entities. The system components used in space propulsion are chemical propulsion thrusters, electric propulsion thrusters, propellant feed systems, rocket motors, nozzles, propulsion thermal control and power processing units. The orbits of space propulsion are low earth orbit (LEO), medium earth orbit (MEO), geostationary earth orbit (GEO), and beyond geosynchronous orbit. The space propulsion market research report is one of a series of new reports from The Business Research Company that provides space propulsion market statistics, including space propulsion industry global market size, regional shares, competitors with a space propulsion market share, detailed space propulsion market segments, market trends and opportunities, and any further data you may need to thrive in the space propulsion industry. This space propulsion market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global space propulsion market size grew from $8.25 billion in 2022 to $9.26 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The space propulsion market size is expected to grow to $15.56 billion in 2027 at a CAGR of 13.8%. Increased government investments in space technology are driving the space propulsion market. For instance, in 2021, Westcott Space Cluster in Aylesbury Vale Enterprise Zone invested in a new National Space Propulsion Test Facility (NSPTF), which collected £4 million ($5.44 million) in sponsoring from the UK government Space Agency. The new facility will permit innovation in propulsion technology, including low cost development and testing of more capable engines for interplanetary travel. So, increasing investments in space technology will drive the space propulsion market going forward. Research and development are a key trend gaining popularity in the space propulsion market. For instance, in 2021, the US federal government remains the major source of funding for space R&D. Investment in new space industries now accounts for approximately $5 billion to $6 billion per annum in Space Research & Development investment up from less than $1 billion only a decade ago. Some of these industries receive funding from investment firms, while others are backed by their wealthy founders. Commercial research and development investing within the space department have grown by 22% per annum and more than twice the 10% improvement for US government spending. In 2021, Astra, a US-based company focused on commercial rockets and satellites, announced the acquisition of electric propulsion maker Apollo Fusion for a final purchase price of $50 million. with $30 million in stock and $20 million in cash. This acquisition could strengthen Astra's ability to efficiently manage and supply spacecraft beyond LEO. Apollo Fusion is a US-based company that produces two EP thruster systems, the Apollo Constellation Engine (ACE) and the ACE Max. Major players in the space propulsion market are OHB SE, Accion System, Boeing, Northrop Grumman Corporation, MAXAR Technologies, Thales Alenia Space, Airbus Defense and Space, Vacco Industries, MOOG Inc., Cobham Mission Systems Wimborne Limited, Safran S.A., NPO Splav, BAE Systems, Hanwha Group, and Avibras Indústria Aeroespacial. North America was the largest region in the space propulsion market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the space propulsion report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space propulsion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The space propulsion market consists of sales of electric, and propellant-less space propulsions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global space propulsion market is segmented - 1) By Type: Chemical Propulsion, Non-chemical Propulsion 2) By Platform: Satellites, Capsules\Cargos, Interplanetary Spacecraft & Probes, Rovers/Spacecraft Landers, Launch Vehicles 3) By End User: Commercial, Government & Defense 4) By System Component: Chemical Propulsion Thrusters, Electric Propulsion Thrusters, Propellant Feed Systems, Rocket Motors, Nozzles, Propulsion Thermal Control, Power Processing Units 5) By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO), Beyond Geosynchronous Orbit

Rocket propulsion refers to the act of pushing a rocket forward with force in order to launch it into the atmosphere. The rocket propulsion is used to produce thrust, the force which moves a rocket through the air and through space. Rockets require a solid or liquid propellant, which consists of a fuel source and an oxidizer which provides the oxygen required to burn the fuel. The main types of rocket propulsion markets are solid propulsion, liquid propulsion, and hybrid propulsion. Solid propulsion refers to a type of propulsion system in which, the fuel and oxidizer are mixed together into a solid propellant and used as boosters for launch. The orbits in rocket propulsion include LEO, MEO, GEO, and beyond GEO. The different launch vehicle types utilizing in rocket propulsion systems include manned and unmanned. The various end-users of rocket propulsion systems include civil and commercial, and military. The rocket propulsion market research report is one of a series of new reports from The Business Research Company that provides rocket propulsion market statistics, including rocket propulsion industry global market size, regional shares, competitors with a rocket propulsion market share, detailed rocket propulsion market segments, market trends and opportunities, and any further data you may need to thrive in the rocket propulsion industry. This rocket propulsion market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global rocket propulsion market size grew from $5.21 billion in 2022 to $5.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rocket propulsion market size is expected to grow to $7.86 billion in 2027 at a CAGR of 8.6%. Increased spending and capital investment by government bodies and space companies are significantly driving the rocket propulsion market. Capital investment refers to the acquisition of physical assets by a company for use in furthering its long-term business goals and objectives. Industries are investing huge capital in space exploration, and product innovation for technological advancements, and government agencies also taking initiatives and allowing them to spend more on research and development and produce more efficient and creative technology. For instance, according to Space Capital LP, a US-based venture capital firm that invests in space-based technologies, with another $7.2 billion invested in the Q1 2022, venture capital invested $17.1 billion into 328 space companies in 2021, accounting for 3% of total global venture capital flows. According to USAspending, a US-based official open data source of federal spending information, in FY 2022, the National Aeronautics and Space Administration (NASA) had $30.44 bn in available budgetary resources distributed among its 1 agency sub-components to drive advances in technology, aeronautics, and space exploration to enhance knowledge and innovation. Therefore, increasing spending and capital investment by government bodies and space companies is predicted to boost demand for rocket propulsion systems during the forecast period. Technological advancements and innovations are the key trends gaining popularity in the rocket propulsion market. Many research institutes and companies are developing innovative products to meet industry demands and strengthen their business presence in the rocket propulsion systems sector. For instance, according to Science Daily, a US-based press release that publishes about science, in 2020, researchers from the University of Central Florida invented a new rocket propulsion system, known as a rotating detonation rocket engine, that allows upper-stage rockets for space missions to become lighter, travel farther, and burn more cleanly. This technique increases the efficiency of rocket engines, allowing greater power to be created while consuming less fuel than typical rocket energy, decreasing the rocket's load, costs, and pollutants. In August 2021, Phantom Space Corporation, a US-based space transportation and rocket manufacturing company, acquired Micro Aerospace Solutions for an undisclosed amount. This deal is expected to help Phantom Space Corporation expand space access by mass-producing launch vehicles, satellites, and space propulsion technologies. Micro Aerospace Solutions is a US-based company, that manufactures space propulsion systems and specializes in thruster design and propulsion systems. Major players in the rocket propulsion market are Aerojet Rocketdyne, Mitsubishi Heavy Industries, Space Exploration Technologies Corp., Safran S.A., Blue Origin, JSC Kuznetsov, Yuzhmash, Rocket Lab, NPO Energomash, Orbital ATK, Lockheed Martin, Thales Group, Kongsberg Gruppen ASA, The Raytheon Company, and Roketsan A.S. Asia-Pacific was the largest region in the rocket propulsion market in 2022, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the rocket propulsion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the rocket propulsion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The rocket propulsion market consists of sales of cryogenic propulsion, electric propulsion system and nuclear propulsion. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.  The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global rocket propulsion market is segmented - 1) By Propulsion Type: Solid, Liquid, Hybrid 2) By Orbit Type: LEO, MEO, GEO, Beyond GEO 3) By Launch Vehicle Type: Manned, Unmanned 4) By End User Type: Civil and Commercial, Military

Space traffic management is a set of technological and regulatory provisions intended to ensure safe entry, operations in space, and return from space to earth free of physical or radio-frequency interference. The space traffic management is used to provide a solid framework for on-orbit coordination of activities to improve the safety, stability, and sustainability of space operations. The main activities of space traffic management are space situational awareness, space debris remediation, space orbit management, and launch vehicle operation. Space situational awareness (SSA) is referred to the process of keeping track of objects in orbit and forecasting their real-time location and is used to track objects in orbit. The orbits include LEO, MEOand elliptical, and GEO. The various applications include communication, earth observation, navigation, global positioning system, and surveillance, technology development and education, and other applications. The end users include civil and government, commercial, and military. The space traffic management market research report is one of a series of new reports from The Business Research Company that provides Space traffic management market statistics, including Space traffic management industry global market size, regional shares, competitors with a Space traffic management market share, detailed Space traffic management market segments, market trends and opportunities, and any further data you may need to thrive in the Space traffic management industry. This Space traffic management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global space traffic management market size grew from $13.07 billion in 2022 to $14.66 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The space traffic management market size is expected to grow to $21.43 billion in 2027 at a CAGR of 9.9%. The rising threat of space debris is expected to drive the growth of the space traffic management market going forward. Space debris refers to the non-functional remains of artificial objects in space, particularly those revolving around the Earth's orbit. Space traffic management helps in monitoring and tracking functional and non-functional satellites, avoiding collisions with space debris and creating less debris, further paving a smooth path for satellites. For instance, according to an article published in May 2021 by The National Aeronautics and Space Administration, an independent agency of the U.S. federal government responsible for the civil space program, more than 27,000 pieces of orbital debris are tracked by the Department of Defense’s global Space Surveillance Network (SSN) sensors. Thus, the rising threat of space debris is driving the space traffic management market. Advancement in space debris monitoring platforms is a key trend gaining popularity in the space traffic management market. Major companies operating in the space traffic management market are developing space debris monitoring platforms to strengthen their position in the space traffic management market. For instance, in March 2022, Neuraspace, a Portugal-based space start-up developed an advanced AI-powered space debris monitoring and satellite collision avoidance platform, to enable safe and sustainable in-orbit operations. In May 2022, EMCORE Corporation, a US-based leading provider of advanced mixed-signal products for aerospace, defense, and broadband communications, acquired L3 Harris’s space and navigation for an amount of $5 million. This acquisition enables EMCORE to offer a broader product portfolio to customers in the tactical, navigation, and increasing launch vehicle and space satellite markets. L3 Harris is a US-based provider of tactical communications, geospatial systems, air traffic management, avionics, and space and intelligence. Major players in the space traffic management market are Thales Group, L3Harris Technologies Inc., Boeing Company, Airbus Group, BAE Systems plc, Northrop Grumman, Raytheon Technologies, Saab AB, Kayhan Space, Lockheed Martin Corporation, Starfish Space, OKAPI: Orbits GmbH, Scout Space, Neuraspace and Indra. North America was the largest region in the space traffic management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the space traffic management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space traffic management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The space traffic management market consists of sales of space traffic management sensors such as thermal, optical and LIDAR sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global space traffic management market is segmented - 1) By Activity: Space Situational Awareness, Space Debris Remediation, Space Orbit Management, Launch Vehicle Operation 2) By Orbit: LEO, MEO And Elliptical, GEO 3) By Application: Communication, Earth Observation, Navigation, Global Positioning System And Surveillance, Technology Development And Education, Other Applications 4) By End Use: Civil And Government, Commercial, Military

The space on-board computing platform is the key core of the spacecraft avionics used for collection, analysis, and processing of data gathered by satellite on-board to provide an exact map of the earth's surface. The space on-board computing platform collects data through various applications and provides mapping and navigation across the globe. The main platforms for space onboard computing platforms are nanosatellites, microsatellites, small satellites, medium satellites, large satellites, and spacecraft. The nano-satellites are smaller satellites that carry the same functions as a normal satellite but with weights of less than 10 kilograms, which makes it easy to carry out various missions such as interplanetary, navigation, and others due to their smaller size. The various technologies involved are cots and non-cots. The different orbits include low earth orbit (LEO), medium earth orbit (MREO), and geostationary earth orbit (GEO) that involve several communication modes such as s-band, x-band, c-band, k-band, and others. The various applications include communication, earth observation, navigation, meteorology, and others. The space on-board computing platforms market research report is one of a series of new reports from The Business Research Company that provides space onboard computing platforms market statistics, including space onboard computing platforms industry global market size, regional shares, competitors with space on-board computing platforms market share, detailed space onboard computing platforms market segments, market trends, and opportunities, and any further data you may need to thrive in the space on-board computing platforms industry. This space onboard computing platforms market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global space on-board computing platform market size grew from $1.23 billion in 2022 to $1.4 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The space on-board computing platform market size is expected to grow to $2.25 billion in 2027 at a CAGR of 12.6%. The rise in space exploration missions is expected to propel the growth of the space-on-board computing platform market going forward. Space on-board computing platforms are commonly used in a number of space exploration missions due to their capabilities of gathering information using various applications, data storing, analyzing, and distributing the collected data to provide mapping and navigation in earth and space exploration missions. Additionally, space on-board computing is capable of allowing the applications to adapt to new situations or needs and rapidly deploy new updates or algorithms to existing systems for image analysis in space explorations or missions. For instance, in November 2021, according to an article by Seed Scientific, a US-based recruitment hub in the field of science, around 8,378 satellites were launched into space and NASA’s budget for space exploration budget has increased by 3% in the year 2021 as compared to the previous years with $ 23.3 billion. Therefore, the rising number of space exploration missions is driving the growth of the space on-board computing platform market. Technological advancements have emerged as the key trend gaining popularity in the onboard computing platform market. Major companies operating in the space on-board computing platform sector are focused on developing innovative technologies that could provide better solutions and services to various industries to optimize their business operations and strengthen their position in the market. For instance, in March 2022, RAMON SPACE, a US-based company operating in the space on-board computing platform market, launched NuStream, an advanced data-driven space computing infrastructure platform that utilizes in-house radiation-hardened technology. Radiation-hardened technology makes electronic components resistant to cosmic or natural magnetic radiation so that they can operate in harsh conditions without compromising performance. NuStream is capable of delivering highly reliable storage capabilities to meet unique environmental requirements with optimized size, weight, and cost. In April 2022, Airbus, a Germany-based software and services-based company operating in the space onboard computing platform, acquired DSI Datensicherheit GmbH for an undisclosed amount. Through this acquisition, Airbus aims to enhance its space on-board computing platform, cryptography, and communication systems for space, airborne, naval & ground applications and gain market advantage. DSI Datensicherheit GmbH is a Germany-based company operating in space onboard computing platforms and cryptography. Major players in the space on-board computing platform market are BAE Systems, Thales Group, L3Harris Technologies Inc., Lockheed Martin Corporation, Honeywell International Inc., Raytheon Technologies Corporation, Saab AB, Northrop Grumman, Airbus Industrie GIE, Ball Corporation, Cobham Gaisler Ab, Contec Co Ltd., EnduroSat, G.A.U.S.S. Srl, International Business Machines Corporation, Leonardo S p A, Loft Orbital, Space Tango, ST Engineering, and Teledyne Technologies Inc., North America was the largest region in the space on-board computing platform market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the space on-board computing platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the space on-board computing platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The space on-board computing platform market consists of revenues earned by entities by providing space-on-board computing platform with frequency of UHF/VHF. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global space on board computing platform market is segmented - 1) By Platform: Nano Satellite, Microsatellite, Small satellite, Medium satellite, Large satellite, Spacecraft 2) By Technology: Cots, Non-Cots 3) By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO) 4) By Communication Frequency: S-Band, X-Band, C-Band, K-Band, Other Communication Frequencies 5) By Application: Communication, Earth Observation, Navigation, Meteorology, Other Applications

A precision-guided munition is a guided weapon that detects electromagnetic energy reflected from a target to destroy a point target and minimize collateral damage. These are guided using a global positioning system (GPS), a laser guidance beam, or an integrated inertial navigation system. The main types of products in the precision-guided munition category are tactical missiles, guided rockets, guided ammunition, torpedoes, and loitering munitions. Tactical missiles are shorter-ranged weapons designed for use in close combat areas. These operate at various speeds, such as subsonic, supersonic, and hypersonic. The different modes of operation include semi-autonomous and autonomous and involve several technologies such as infrared, semi-active laser, inertial navigation system (INS), a global positioning system (GPS), radar homing, and anti-radiation. It is also segmented by launch platform into land, airborne, and naval. The precision-guided munition market research report is one of a series of new reports from The Business Research Company that provides precision-guided munition market statistics, including precision-guided munition industry global market size, regional shares, competitors with a precision-guided munition market share, detailed precision-guided munition market segments, market trends and opportunities, and any further data you may need to thrive in the precision-guided munition industry. This precision-guided munition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global precision guided munition market size grew from $32.74 billion in 2022 to $36.87 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The precision guided munition market size is expected to grow to $52.55 billion in 2027 at a CAGR of 9.3%. The increase in military expenditure is significantly driving the growth of the precision-guided munition market. The military refers to the armed forces of any country that help maintain peace and stability in the country. Military expenditure is more focused on military modernization programs and the increase in the need for precision-guided munition to minimize collateral damage and increase lethality against the target, thereby promoting the adoption of precision-guided munition. For instance, according to the Stockholm International Peace Research Institute (SIPRI), in 2020, global military expenditure rose to $2 trillion, an increase of 2.6% from 2019. Therefore, increasing military expenditure is expected to propel the growth of the precision-guided munition market. Strategic partnerships and collaborations have emerged as a key trend in the precision-guided munition market. Key players operating in the precision-guided munition market are focusing on partnerships and collaborations to improve efficiency, expand value propositions, use skills and abilities of other companies, improve leadership skills, and extend their growth in new areas. For instance, in April 2021, Rheinmetall, a German company that manufactures equipment and systems for government, security, and military ground, air, and naval forces and specializes in precision-guided munitions, partnered with Northrop Grumman, a US-based aerospace and defense company, to develop precision-guided enhanced range artillery ammunition. Similarly, in July 2020, BAE Systems, a UK-based aerospace company, acquired the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies Corporation for $1.9 billion. This deal will help BAE extend GPS anti-jamming and anti-spoofing technology that is necessary for a range of defense missions. Raytheon Technologies is a US-based aerospace and defense company that specializes in missiles and precision munitions. In December 2021, Vertex Aerospace, a US-based aerospace and defense company, acquired Raytheon Technologies’ defense training and mission-critical solutions business lines for an undisclosed amount. This deal will help Vertex expand into highly specialized value-added technology solutions and services, including defense and commercial training, mission-critical support solutions, and engineering and modernization capabilities. Raytheon Technologies is a US-based aerospace and defense company that specializes in missiles and precision munitions. Major players in the precision-guided munition market are Northrop Grumman, Lockheed Martin Corporation, Boeing, BAE Systems, General Dynamics Corporation, Thales Group, L3 Harris Technologies Inc., Leonardo S.p.A, Elbit Systems Ltd., Saab AB, Israel Aerospace Industries, Rheinmetall AG, Bharat Dynamics Limited, Denel Dynamics, and LIG Nex 1. Asia-Pacific was the largest region in the precision-guided munition market in 2022. The regions covered in the precision-guided munition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the precision-guided munition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The precision-guided munition market consists of sales of autonomous long range artillery munition, loitering munitions, aircraft self-protection missile, and digital guided missiles.  Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global precision guided munition market is segmented - 1) By Product: Tactical Missiles, Guided Rockets, Guided Ammunition, Torpedoes, Loitering Munitions 2) By Technology: Infrared, Semi Active Laser, Inertial Navigation System (INS), Global Positioning System (GPS), Radar Homing, Anti-Radiation 3) By Launch Platform: Land, Airborne, Naval 4) By Mode of Operation: Semi-Autonomous, Autonomous 5) By Speed: Subsonic, Supersonic, Hypersonic