South Korea Space Launch Services Market Size & Outlook
South Korea space launch services market, 2018-2030 (US$M)
Related Markets
South Korea space launch services market highlights
- The South Korea space launch services market generated a revenue of USD 273.9 million in 2023 and is expected to reach USD 975.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 19.9% 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.
Space launch services market data book summary
| Market revenue in 2023 | USD 273.9 million |
| Market revenue in 2030 | USD 975.2 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | Pre-launch |
| Fastest growing segment | Pre-launch |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 1.8% of the global space launch services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China space launch services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,660.4 million by 2030.
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Space Launch Services Market Scope
Space Launch Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 75.83% in 2023. Horizon Databook has segmented the South Korea 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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Our clientele includes a mix of space launch services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea space launch services market , including forecasts for subscribers. This country databook contains high-level insights into South Korea space launch services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea space launch services market size, by service type, 2018-2030 (US$M)
South Korea Space Launch Services Market Outlook Share, 2023 & 2030 (US$M)
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