Wonder

Research Outline

Prepared for Christian O. | Delivered August 20, 2020

Suborbital Sounding/Research Rocket Launches - Market Analysis

Goals

To provide an overview of the suborbital sounding/research rocket industry to include the annual market size for the international market and a breakdown of the UK, Europe, and the US markets together with a list of companies creating and launching suborbital sounding rockets and their current estimated revenues.

Early Findings

Suborbital Sounding/Research Rocket (Helpful Findings)According to publication by Research Gate, "the global nonmilitary suborbital sounding rocket market is less than 60 flights of perhaps 200-kilogram payloads annually at roughly $1 million each."
The report opined that the high demand elasticity at a price of well below $250 per kilogram of payload, is predicted to increase the market to possibly 1500 flights annually.
Another report by The Space Review estimates the total revenue from the United States suborbital sounding rocket market to be worth approximately $100 million annually. 
SummaryAfter an exhaustive search through the public domain, we were unable to identify any pre-compiled document that provided the annual market size or key players of the suborbital sounding/research rocket industry for the globe or any other geographic location. This could be attributed to the lack of any market/industry report or analysis having been conducted in the field. Also, the industry is a niche and has not attracted any proprietary research organization in the field. 