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The global space logistics market size was valued at USD 5.32 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 18.3% from 2024 to 2030, reaching nearly USD 17.26 billion, according to a recently published report by Maximize Market Research.
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Market Driven by Growth in Space Exploration and Upward Trend After COVID-19 Slowdown
The report highlights the Asia Pacific (APAC) region as a lucrative market for space logistics companies and component manufacturers over the next decade. The market is experiencing a normal recovery after the COVID-19 lockdown, demonstrating its resilience even amidst economic challenges.
Maximize Market Research Provides Deep Dive into Space Logistics
The report offers a comprehensive analysis of the space logistics market, including key drivers and restraints, current competitive landscape, and future growth prospects. It delves into current market trends, future insights on demand, supply chain, and sales, along with recent industry developments. Additionally, the report provides in-depth company profiles, product specifications, and production/sales data for major space logistics players.
Market Segmentation Offers Granular View
The space logistics market is segmented by operation and payload type. The operation segments include space situational awareness, space exploration, active debris removal, on-orbit servicing assembly and manufacturing, and last-mile logistics. Payload types comprise spacecraft and satellites systems, cargo and material, and others.
Global Players Vie for Market Share
The report identifies prominent players in the space logistics market, including Boeing, Lockheed Martin, Airbus Defense and Space, Northrop Grumman, Orbital ATK, SpaceX, Blue Origin, Sierra Nevada Corporation, Thales Alenia Space, and Mitsubishi Heavy Industries. Additionally, the report features Honeywell International, Dynetics, Virgin Galactic, Rocket Lab, RUAG Space, Arianespace, NanoRacks, Bigelow Aerospace, Astrobotic Technology, and Firefly Aerospace.
Regional Analysis Sheds Light on Geographic Trends
The report provides a detailed regional analysis of the space logistics market growth. It examines the influence of major regions like North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa on the global market. This analysis empowers businesses to gain a deeper understanding of the target audience and stay ahead of the competition.
Key Questions Answered in the Report
The report addresses critical questions about the space logistics market, including its definition, forecast period, competitive landscape, regional dominance, growth opportunities, and factors impacting growth. It identifies key players, their market share, and the CAGR expected for the market during the forecast period. Additionally, the report explores key trends likely to emerge in the space logistics market in the coming years.
Maximize Market Research Offers Valuable Insights
The report by Maximize Market Research offers a plethora of valuable resources for businesses in the space logistics sector. Key offerings include market share, size, and forecast by revenue for the period 2024-2030. It provides insights into market dynamics, including growth drivers, restraints, investment opportunities, and key trends. The report also delivers a detailed segmentation analysis of the space logistics market landscape, featuring leading and prominent players.
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About Maximize Market Research
Maximize Market Research is a multi-faceted market research and consulting company with a team of experts across various industries. The company offers market-verified industry estimations, technical trend analysis, strategic advice, competition analysis, and client impact studies.
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