India Space Launch Services Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 12.56% (2025-2033)

India space launch industry is booming. This growth comes from better technology and a higher global need for affordable satellite launches. According to the latest report by IMARC Group, the India space launch services market size reached USD 508.4 million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,592.8 million by 2033, exhibiting a growth rate (CAGR) of 12.56% during 2025-2033.

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India Space Launch Services Trends and Drivers:

The India Space Launch Services Market is changing. This shift comes from the cooperation between government efforts, private companies, and technology. India has made impressive strides in space exploration through ISRO. The Mars Orbiter Mission (Mangalyaan) and the Chandrayaan missions to the Moon are important. India’s achievements have boosted its status among spacefaring nations. This has also sparked interest in commercial space ventures. Startups and established companies are joining forces. They focus on satellite manufacturing, launch services, and space apps. This cooperation creates a more competitive and lively market. The Indian National Space Promotion and Authorization Centre (IN-SPACe) boosts this trend. It supports private companies and creates demand for affordable, reliable launch services. This is especially true for small satellites and constellations.

A key trend in the India Space Launch Services Market is reusing launch vehicles more often. This also includes sustainable space practices. ISRO is working on the Reusable Launch Vehicle-Technology Demonstrator (RLV-TD). This project shows its goal to cut the cost of getting to space. Sustainability is gaining traction in India. Efforts to reduce space debris are increasing. Green propulsion technologies are also becoming more popular. Satellites for broadband, earth observation, and navigation must be cheaper and have more frequent launches. Skyroot Aerospace and Agnikul Cosmos are leaders in small satellite launch vehicles. They focus on meeting the growing need for dedicated launches. International collaborations are booming. Indian companies are joining forces with international partners. They aim to enhance technology and expand their market reach. State support, private innovation, and global trends are coming together. If these trends keep going, India will be a major player in the global space launch services industry.

Our report provides a deep dive into the market analysis, outlining the current trends, underlying India space launch services market demand, and growth trajectories.

India Space Launch Services Industry Segmentation:

The report has segmented the market into the following categories:

Payload Insights: 

• Satellite
• Small Satellite (Less Than 1000 Kg)
• Large Satellite (Above 1000 Kg)
• Human Spacecraft
• Cargo
• Testing Probes
• Stratollite

Launch Platform Insights:

• Land
• Air
• Sea

Service Type Insights:

• Pre-Launch
• Post-Launch

Orbit Insights:

• Low Earth Orbit (LEO)
• Medium Earth Orbit (MEO)
• Geosynchronous Orbit
• Polar Orbit

Launch Vehicle Insights:

• Small Launch Vehicle
• Heavy Launch Vehicle

End User Insights:

• Government and Military
• Commercial

Regional Insights:

• North India
• West and Central India
• South India
• East and Northeast India

Competitive Landscape:

The competitive landscape of the industry has also been examined, along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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