| Study Period | 2019 - 2030 |
| 2024 Market Size | USD 6,901.8 Million |
| 2025 Market Size | USD 7,148.1 Million |
| 2030 Forecast | USD 8,517.9 Million |
| Growth Rate (CAGR) | 3.6% |
| Largest Region | North America |
| Fastest Growing Region | Asia-Pacific |
| Nature of the Market | Consolidated |
| Largest Application Category | Communication |
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The global satellite launch vehicle market is valued at an estimated USD 6,901.8 million in 2024, and it will advance with a CAGR of 3.6% during 2024–2030, to reach USD 8,517.9 million by 2030. The increasing number of launches of satellites for communication purposes, weather forecasting, earth observation, and military purposes is fueling the market expansion. Moreover, the growing trend of reusable launch vehicles, for cutting costs and achieving reliable and on-demand space access, is boosting the growth of the satellite launch vehicle industry.
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