Satellite Launch Vehicle Market 2024 by Regional Manufacturers Lockheed Martin, Northrop Grumman, SpaceX, Boeing, Mitsubishi Heavy Industries
Satellite Launch Vehicle Market for GEO orbit dominated the market revenue accounting for over USD 1.3 billion in 2017. It does not require reorientation after the launch and follow a specified path and distance from earth. These are extensively used in homeland security, environmental data and intensive observation data analysis. It offers low-cost communication, reliable transmission and low maintenance as compared to other satellites.
View full press release