Aerospace and Defense

Cost Reduction and Economic Viability, Rapid Deployment and Frequent Access to Space, and Supporting the Growing Demand for Small Satellites are factors driving the Global Reusable Satellite Launch Vehicle market in the forecast period 2024-2028. According to TechSci Research report, “ Global Reusable Satellite Launch Vehicle Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Reusable Satellite Launch Vehicle Market stood at USD 3.5 billion in 2022 and is anticipated to grow with a CAGR of 6.05% in the forecast period, 2024-2028. A space launch system known as a Reusable Launch Vehicle (RLV) enables the rocket to be recovered in full or in part after launching a satellite into orbit. The main objective of an RLV is to recover spent critical systems and components, hence reducing the cost of single- and multi-stage satellite launches. Reusable satellite launch vehicle (RSLV) adoption is growing, which is propelling the market's ...

Cost Reduction and Economic Viability, Rapid Deployment and Frequent Access to Space, and Supporting the Growing Demand for Small Satellites are factors driving the Global Reusable Satellite Launch Vehicle market in the forecast period 2024-2028. According to TechSci Research report, “ Global Reusable Satellite Launch Vehicle Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Reusable Satellite Launch Vehicle Market stood at USD 3.5 billion in 2022 and is anticipated to grow with a CAGR of 6.05% in the forecast period, 2024-2028. A space launch system known as a Reusable Launch Vehicle (RLV) enables the rocket to be recovered in full or in part after launching a satellite into orbit. The main objective of an RLV is to recover spent critical systems and components, hence reducing the cost of single- and multi-stage satellite launches. Reusable satellite launch vehicle (RSLV) adoption is growing, which is propelling the market's compo...