US Space Competitive Growth Opportunities

US Space Competitive Growth Opportunities

Disruptive Technology and Strategic Partnering that Determine Competitiveness

RELEASE DATE
07-Dec-2022
REGION
North America
Research Code: K832-01-00-00-00
SKU: AE01658-NA-MR_27187
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SKU
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Description

The US space market plays a vital role in the security and national defense of the country and provides useful information for a variety of applications. Space companies face intense competition amongst themselves as well as from new entrants to the market. The space industry is growing at a rapid pace, and competition has enabled lower costs and allowed new entrants to compete with innovative products and services that threaten traditional company revenue and market position. Owing to rapid changes, earlier business models are not as useful in this new space era. If companies want to stay competitive, they need to adopt a new business model and deliver new products and services that will allow them to maintain their market position and increase revenue. This Frost & Sullivan analytics examines and evaluates leading US space companies in the industry, highlighting their strengths, weaknesses, threats, and opportunities to provide a comprehensive outline of growth opportunities. This point-based assessment covers each company’s business strategy, products and services, major programs, and revenue (2016–2021) relevant to future growth opportunities.

Author: Tiffany Kahapea

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on Space Competitive Growth Opportunities

Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Drivers and Restraints

Growth Driver Analysis

Growth Restraints Analysis

Industry Customers

Industry Contract Types

Industry Contract Types (continued)

Industry Contract Types (continued)

Aerojet Rocketdyne

Aerojet Rocketdyne—Programs

Aerojet Rocketdyne—Programs (continued)

Boeing

Boeing—Programs

General Dynamics

General Dynamics (continued)

General Dynamics—Programs

Lockheed Martin

Lockheed Martin—Programs

Maxar Technologies

Maxar Technologies—Programs

Northrop Grumman

Northrop Grumman—Programs

Raytheon Technologies (Raytheon)

Raytheon—Collins Aerospace Systems Programs

Raytheon

Raytheon—Intelligence & Space Programs

Rocket Lab Inc. (Rocket Lab)

Rocket Lab Programs

SpaceX

Virgin Galactic

Revenue & Growth Trend

Revenue and Growth Trend (continued)

Revenue and Growth Trend Analysis

Revenue and Growth Trend Analysis (continued)

Revenue and Growth Trend Analysis (continued)

Revenue and Growth Trend Analysis (continued)

IFES Overview

IFES—Aerojet Rocketdyne

IFES—Aerojet Rocketdyne (continued)

IFES—Boeing

IFES—Boeing (continued)

IFES—General Dynamics

IFES—General Dynamics (continued)

IFES—Lockheed Martin

IFES—Lockheed Martin (continued)

IFES—Maxar Technologies

IFES—Maxar Technologies (continued)

IFES—Northrop Grumman

IFES—Northrop Grumman (continued)

IFES—Raytheon

IFES—Raytheon (continued)

IFES—Rocket Lab

IFES—Rocket Lab (continued)

IFES—SpaceX

IFES—SpaceX (continued)

IFES—Virgin Galactic

IFES—Virgin Galactic (continued)

EFES Overview

EFES—Aerojet Rocketdyne

EFES—Aerojet Rocketdyne (continued)

EFES—Boeing

EFES—Boeing (continued)

EFES—General Dynamics

EFES—General Dynamics (continued)

EFES—Lockheed Martin

EFES—Lockheed Martin (continued)

EFES—Maxar Technologies

EFES—Maxar Technologies (continued)

EFES—Northrop Grumman

EFES—Northrop Grumman (continued)

EFES—Raytheon

EFES—Raytheon (continued)

EFES—Rocket Lab

EFES—Rocket Lab (continued)

EFES—SpaceX

EFES—SpaceX (continued)

EFES—Virgin Galactic

EFES—Virgin Galactic (continued)

Competitive Ranking

Competitive Ranking (continued)

Competitive Ranking (continued)

Growth Opportunity 1—Space Industry

Growth Opportunity 1—Space Industry (continued)

Growth Opportunity 2—Competitive Space Market

Growth Opportunity 2—Competitive Space Market

Growth Opportunity 3—Space Segment

Growth Opportunity 3—Space Segment (continued)

List of Exhibits

Legal Disclaimer

Related Research
The US space market plays a vital role in the security and national defense of the country and provides useful information for a variety of applications. Space companies face intense competition amongst themselves as well as from new entrants to the market. The space industry is growing at a rapid pace, and competition has enabled lower costs and allowed new entrants to compete with innovative products and services that threaten traditional company revenue and market position. Owing to rapid changes, earlier business models are not as useful in this new space era. If companies want to stay competitive, they need to adopt a new business model and deliver new products and services that will allow them to maintain their market position and increase revenue. This Frost & Sullivan analytics examines and evaluates leading US space companies in the industry, highlighting their strengths, weaknesses, threats, and opportunities to provide a comprehensive outline of growth opportunities. This point-based assessment covers each company’s business strategy, products and services, major programs, and revenue (2016–2021) relevant to future growth opportunities. Author: Tiffany Kahapea
More Information
Author Tiffany Kahapea
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Space Market Growth
Keyword 2 Space Industry Growth
Keyword 3 US Space Market
Podcast No
WIP Number K832-01-00-00-00