Market Share of Reusable Launch Vehicles Industry
The reusable launch vehicles market is an intermediate market with a few key players accounting for a decent share of the market. ArianeGroup, Space Exploration Technologies Corp. (SpaceX), Indian Space Research Organization (ISRO), United Launch Alliance LLC (ULA), and National Aeronautics and Space Administration (NASA) are some of the prominent players in the market.
Players are expanding their geographical reach by winning worldwide contracts from emerging satellite operators. The market players are also investing significantly in the R&D of new RLVs. For instance, ISRO has been developing and testing its technologies through technology demonstrations like the Reusable Launch Vehicle Technology Demonstrator (RLV TD). The RLV TD is a hybrid vehicle that combines the technologies of an aircraft and launch vehicle, one on top of the other, to achieve a Two-stage to-orbit (TSTO) capability.
Similarly, SpaceX is also developing a next-gen, fully reusable heavy-lift rocket named Starship to carry humans and 100 tons of cargo to the moon and Mars. Such developments are expected to help the growth of the players in the years to come.
Similarly, SpaceX is also developing a next-gen, fully reusable heavy-lift rocket named Starship to carry humans and 100 tons of cargo to the moon and Mars. Such developments are expected to help the growth of the players in the years to come.
Reusable Launch Vehicles Market Leaders
ArianeGroup
Space Exploration Technologies Corp.
Indian Space Research Organisation
United Launch Alliance, LLC
National Aeronautics and Space Administration
*Disclaimer: Major Players sorted in no particular order
