Aerospace & Defense Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Space Launch Vehicles
Overview
Market size
$32.5B
global, USD
CAGR
11.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$55.3B
What changed
Demand by region
North America demand55%
Asia Pacific demand25%
Europe demand15%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Propulsion and engine manufacturing35%
Structures and advanced composite materials25%
Avionics, guidance, and telemetry systems15%
Launchpad operations and ground support infrastructure15%
Propellants and consumables10%
share of delivered cost (analyst estimate)