Latin America Space Launch Services Market Size & Outlook
Latin America space launch services market, 2018-2030 (US$M)
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Latin America space launch services market highlights
- The Latin America space launch services market generated a revenue of USD 141.9 million in 2023.
- The market is expected to grow at a CAGR of 16.8% from 2024 to 2030.
- In terms of segment, pre-launch was the largest revenue generating service type in 2023.
- Pre-launch is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 141.9 million |
| Market revenue in 2030 | USD 421.4 million |
| Growth rate | 16.8% (CAGR from 2023 to 2030) |
| Largest segment | Pre-launch |
| Fastest growing segment | Pre-launch |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pre-launch, Post-launch |
| Key market players worldwide | Virgin Galactic Holdings Inc Shs A, Rocket Lab USA Inc, Mitsubishi Heavy Industries Ltd, China Aerospace International Holdings Ltd, Northrop Grumman Corp, Anterix Inc, Boeing Co, SpaceX, Blue Origin, United Launch Alliance, Arianespace, ExPace, Firefly Aerospace, Relativity Space, Orbital ATK, International Launch Services, Vector Launch, Spaceflight Industries, ISRO, NASA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 0.9% of the global space launch services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,178.0 million by 2030.
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Space Launch Services Market Scope
Space Launch Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America space launch services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to space launch services market will help companies and investors design strategic landscapes.
Pre-launch was the largest segment with a revenue share of 75.9% in 2023. Horizon Databook has segmented the Latin America space launch services market based on pre-launch, post-launch covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America space launch services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America space launch services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America space launch services market size, by country, 2018-2030 (US$M)
Latin America Space Launch Services Market Outlook Share, 2023 & 2030 (US$M)
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