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Space Last-Mile Delivery Market Trends

Report ID: GMI12768 Published Date: December 2024Report Format: PDF
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Summary
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Space Last-Mile Delivery Market Trends

The market is evolving through advances in technology and wider commercial use. Companies are increasingly using orbital transfer vehicles (OTVs) to deliver payloads to specific orbits with precision, supporting large satellite networks for communication, Earth observation, and navigation. The use of reusable and modular space vehicles helps reduce costs and improve operations. Companies now use self-driving navigation systems and better propulsion technologies, like electric and ion thrusters, to improve efficiency and make missions last longer. The market focuses on sustainability through in-orbit services, including satellite refueling, repair, and removal of old satellites to manage space debris. Partnerships between government and private companies, along with more investment from commercial space firms, help develop solutions for space logistics and moon exploration, showing strong potential for future growth.

Author: Suraj Gujar, Partha Paul
Frequently Asked Question(FAQ) :

How big is the space last-mile delivery market?+

The global market size for space last-mile delivery was valued at USD 48 million in 2024 and is projected to reach USD 306.1 million by 2034, driven by a CAGR of 20.5% during the forecast period, fueled by rising demand for precise satellite deployment and in-orbit logistics.

What is the market share of orbital destinations in the space last-mile delivery industry?+

Orbital destinations accounted for over 74% of the market share in 2024 and are expected to grow significantly, driven by the increasing deployment of satellite constellations for broadband internet, Earth observation, and communication.

How much is the North America space last-mile delivery market worth?+

The North America market is expected to surpass USD 118.5 million by 2034, driven by advanced space exploration capabilities and the growing deployment of satellite constellations in the United States.

Who are the major players in the space last-mile delivery industry?+

Major players in the industry include AAC Clyde Space, Aliena, Astro Digital, D-Orbit, Exotrail, Impulse Space, Momentus Space, Orbit Fab, and Rocket Lab.

Space Last-Mile Delivery Market Scope

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