South America Satellite Launch Vehicle Market Forecast (2018-2025)

Year BRAZIL REST OF SOUTH AMERICA
2018 $ 56.6 $ 123.1
2019 $ 57.9 $ 124.7
2020 $ 59.3 $ 126.3
2021 $ 60.6 $ 127.7
2022 $ 61.9 $ 129.1
2023 $ 63.2 $ 130.4
2024 $ 64.5 $ 131.6
2025 $ 65.7 $ 132.8
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South America Satellite Launch Vehicle Market Forecast (2018-2025)

Synopsis
The above chart is Global Satellite Launch Vehicle market [2018-2025] by South America

Market Dynamics

rest of south america accounted for the larger market share in 2018 in the south america satellite launch vehicle market, and is expected to reach usd 132.80 million in 2025 from usd 123.10 million in 2018. however, brazil is the fastest growing market, which is expected to grow at a cagr of 2.13% during the forecast period 2019 - 2025. non commercial segment accounted for the larger market share in 2018, this market is expected to reach usd 121.60 million in 2025 from usd 113.50 million in 2018. this market is projected to grow at a cagr of 0.95% during the forecast period from 2019 - 2025. however, commercial segment is the fastest growing market, which is expected to grow at a cagr of 2.12% 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 121.50 million in 2025 from usd 115.30 million in 2018. this market is projected to grow at a cagr of 0.70% 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 3.09% during the forecast period 2019 - 2025. communication segment accounted for the largest market share in 2018, this market is expected to reach usd 86.70 million in 2025 from usd 81.40 million in 2018. this market is projected to grow at a cagr of 0.87% 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 2.50% during the forecast period 2019 - 2025. primary only segment accounted for the largest market share in 2018, this market is expected to reach usd 126.70 million in 2025 from usd 117.30 million in 2018. this market is projected to grow at a cagr of 1.06% 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 2.22% during the forecast period 2019 - 2025.

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