According to a market report by Lucintel, the future of the global orbital transfer vehicle market looks promising with opportunities in the commercial and government markets. The global orbital transfer vehicle market is expected to grow with a CAGR of 11.3% from 2025 to 2031. The major drivers for this market are increasing demand for space missions, growing private space investments, and rising satellite deployment.
A more than 150-page report to understand trends, opportunity and forecast in orbital transfer vehicle market to 2031 by type (electric propulsion and chemical propulsion), application (commercial and government), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, electric propulsion is expected to witness higher growth over the forecast period due to increased efficiency and sustainability in space missions.
Within the application category, commercial is expected to witness the higher growth due to increased private space exploration investments.
In terms of region, North America is expected to witness the highest growth over the forecast period.
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D-Orbit, Northrop Grumman, Momentus Space, Exotrail, Epic Aerospace, Impulse Space, Space Machines, Firefly Aerospace, Exolaunch, Atomos Space are the major suppliers in the orbital transfer vehicle market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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