The Space Vehicle and Missile Manufacturing industry fizzled out over the past five years, as funding for industry programs declined. However, despite less government spending, the industry's commercial space activity has increased, resulting in a rise in the number of industry operators. In the five years to 2019, industry revenue is forecasted to increase, due to climbing demand for communications satellites, exports, new missile and space development programs. In addition, the hardly established space tourism sector is anticipated to play a larger role during the next five years. Nonetheless, decreased federal funding is will continue to threaten industry growth.
The Space Vehicle and Missile Manufacturing industry consists of businesses involved in the manufacture of guided missiles and space vehicles, including the development of prototypes and the manufacture and development of parts, propulsion units and support equipment used in guided missiles and space vehicles.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.