Middle East and Africa Satellite Launch Vehicle Market Forecast (2018-2025)

Year REST OF MIDDLE EAST AND AFRICA SAUDI ARABIA UAE
2018 $ 56.0 $ 97.8 $ 115.7
2019 $ 57.0 $ 101.0 $ 118.5
2020 $ 58.0 $ 104.2 $ 121.3
2021 $ 59.0 $ 107.5 $ 124.2
2022 $ 60.0 $ 111.0 $ 127.2
2023 $ 61.0 $ 114.5 $ 130.2
2024 $ 62.1 $ 118.2 $ 133.3
2025 $ 63.1 $ 122.0 $ 136.5
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Middle East and Africa Satellite Launch Vehicle Market Forecast (2018-2025)

Synopsis
The above chart is Global Satellite Launch Vehicle market [2018-2025] by Middle East and Africa

Market Dynamics

uae accounted for the largest market share in 2018 in the middle east and africa satellite launch vehicle market, and is expected to reach usd 136.50 million in 2025 from usd 115.70 million in 2018. however, saudi arabia is the fastest growing market, which is expected to grow at a cagr of 3.20% during the forecast period 2019 - 2025. primary only segment accounted for the largest market share in 2018, this market is expected to reach usd 205.40 million in 2025 from usd 176.00 million in 2018. this market is projected to grow at a cagr of 2.23% during the forecast period from 2019 - 2025. however, 2 to 5 segment is the fastest growing market, which is expected to grow at a cagr of 3.39% during the forecast period 2019 - 2025. geosynchronous orbit geo segment accounted for the largest market share in 2018, this market is expected to reach usd 196.90 million in 2025 from usd 173.00 million in 2018. this market is projected to grow at a cagr of 1.86% during the forecast period from 2019 - 2025. however, low earth orbit leo segment is the fastest growing market, which is expected to grow at a cagr of 4.25% during the forecast period 2019 - 2025. non commercial segment accounted for the larger market share in 2018, this market is expected to reach usd 197.10 million in 2025 from usd 170.30 million in 2018. this market is projected to grow at a cagr of 2.11% during the forecast period from 2019 - 2025. however, commercial segment is the fastest growing market, which is expected to grow at a cagr of 3.29% during the forecast period 2019 - 2025. communication segment accounted for the largest market share in 2018, this market is expected to reach usd 140.50 million in 2025 from usd 122.10 million in 2018. this market is projected to grow at a cagr of 2.04% during the forecast period from 2019 - 2025. however, earth observation segment is the fastest growing market, which is expected to grow at a cagr of 3.71% during the forecast period 2019 - 2025.

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