𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐒𝐩𝐚𝐜𝐞𝐟𝐥𝐢𝐠𝐡𝐭: 𝐔.𝐒. 𝐑𝐞𝐮𝐬𝐚𝐛𝐥𝐞 𝐋𝐚𝐮𝐧𝐜𝐡 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬 𝐚𝐧𝐝 𝐁𝐞𝐲𝐨𝐧𝐝

 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/us-reusable-launch-vehicle-market-102005

The U.S. reusable launch vehicle market size stood at USD 482.4 million in 2019 and is projected to reach USD 1,634.9 million by 2027, exhibiting a CAGR of 14.77% during the forecast period.

A reusable launch vehicle (RLV) is a type of vehicle that can launch a satellite (payload) into space multiple times. RLV includes the recovery of some or all of the component stages. The primary role of RLV is to reduce the total launch cost. Presently, Space Exploration Technologies Corporation (SpaceX) is actively involved in the designing and development of reusable launch vehicles to deploy its Starlink internet satellites and other earth observation, navigation, and communication satellites. Similarly, Blue Origin LLC is involved in designing and developing heavy-lift reusable launch vehicles. The rockets will be commercialized by the end of 2022. It comprises two-stage and three-stage reusable launch vehicles.

The propulsion system based on propellant technologies plays a crucial role in space ships, as they can make the space vehicles fuel-efficient, optimize the operational process, and secure launch. For the exploration of space, end-users prefer the usage of launcher vehicles that are safe and efficient in operation. Thus, to enhance operational capabilities, multiple reusable space launch vehicle manufacturers are focusing on the integration of liquid rocket propulsion systems as they have a higher specific impulse than solid rockets. The liquid rocket propulsion system is capable of being throttled, shut down, and restarted. This would be helpful in saving fuel consumption.

Recently, there has been a rise in the number of contracts associated with modernization between the National Aeronautics, Space Administration (NASA), and other key companies that are aimed at upgrading their launch vehicles and equipment. This includes the modernization of 3D printed rocket engines and launch vehicles.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐔.𝐒 𝐑𝐞𝐮𝐬𝐚𝐛𝐥𝐞 𝐋𝐚𝐮𝐧𝐜𝐡 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬:

• ArianeGroup (Paris, France)
• Blue Origin LLC (Washington, the U.S.)
• Lockheed Martin Corporation (Maryland, the U.S.)
• Master Space Systems (California, the U.S.)
• National Aeronautics and Space Administration (NASA) (Washington, the U.S.)
• Rocket Labs USA (California, the U.S.)
• Space Exploration Technologies Corp. (SpaceX) (California, the U.S.)
• The Boeing Company (Illinois, the U.S.)
• The Spaceship Company (California, the U.S.)
• United Launch Alliance (ULA) (Colorado, the U. S.)
• Other Players