Rising growth in satellite deployment across the globe for weather monitoring, navigation, communication, and remote sensing applications will boost the growth of the satellite launch vehicle market during the forecast period. These satellite launch vehicles are assisting in carrying spacecraft to space. The launching system consists of the launch vehicle, the launch pad, and other structures. The satellite launch vehicles are categorized on the basis of the quantity of mass carried into the orbit and the sum of stages. Satellite launch vehicle use boosters to supply initial thrust and lessen the weight of further stages, thus permitting for larger payloads to be carried into the orbit.
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Top Key Major Players:-
- ARCA Space
- Blue Origin
- Boeing Space and Communication
- E Prime Aerospace
- ISRO
- Kelly Space and Technology
- Lockheed Martin
- Mitsubishi Heavy Industries
- SpaceX