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Global Small Launch Vehicle (SLV) Market, 2020-2030 - Increasing Usage of Commercial-Off-The-Shelf (COTS) Components & Growth in Small Satellites for Planetary Space Exploration and Earth Observation

Share this article Share this article ResearchAndMarkets.com s offering. The Global Small Launch Vehicle (SLV) Market report projects the market to grow at a significant CAGR of 24.36% on the basis of value during the forecast period from 2020 to 2030. Asia-Pacific is expected to dominate the global SLV market with a share of 46.51% in 2020. Asia Pacific, including the major countries such as China, India, and Japan, is the most prominent region for the SLV market. In Asia-Pacific, China is estimated to have acquired the major market share in 2019 due to the major deployment of SLV in different sectors in the country. The global SLV market has gained widespread importance, owing to the increase in the number of satellite constellations for satellite applications, such as remote sensing, navigation, communication, and earth observation. However, issues related to the high cost of SLVs are some of the factors that are restraining the market growth.

Rocket Lab s second Mahia launch pad still a few months from lift off

Rocket Lab s second Mahia launch pad still a few months from lift off 20 Jan, 2021 02:20 AM 3 minutes to read An artist s impression of Rocket Lab Launch Complex 1 with a completed Pad B, which is expected to be completed after March this year. Photo / Rocket Lab An artist s impression of Rocket Lab Launch Complex 1 with a completed Pad B, which is expected to be completed after March this year. Photo / Rocket Lab Hawkes Bay Today By: Gianina Schwanecke Rocket Lab will soon double its capacity with work on a second launch complex expected to be completed within a few months. Work on the second pad began in December 2019 and was expected to be completed at the end of last year.

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