Space Insurance Market, Global Outlook and Forecast 2023-2030
Aerospace insurance is insurance for the loss of property and personal injury caused by various risks that may occur during the manufacturing, launching and in-orbit operations of rockets and various spacecraft. The insurance is classified as those types :manufacturing rockets and satellites, pre-launch , launching and on-orbit
This report aims to provide a comprehensive presentation of the global market for Space Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Space Insurance. This report contains market size and forecasts of Space Insurance in global, including the following market information:
Global Space Insurance Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Space Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Manufacturing Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Space Insurance include AIG, Allianz, USAIG, Hallmark Financial Services, Marsh Inc, Chinalife, Travers Aviation, Malayan Insurance and AXA, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Space Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Space Insurance Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Space Insurance Market Segment Percentages, by Type, 2022 (%)
Manufacturing
Pre-launch
Launching
On-orbit
Others
Global Space Insurance Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Space Insurance Market Segment Percentages, by Application, 2022 (%)
Business
Santific Research
Military
Others
Global Space Insurance Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Space Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Space Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Space Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AIG
Allianz
USAIG
Hallmark Financial Services
Marsh Inc
Chinalife
Travers Aviation
Malayan Insurance
AXA
ING Group
Aon
Precious Payload
PICC
Hiscox
Global Aerospace
Outline of Major Chapters:
Chapter 1: Introduces the definition of Space Insurance, market overview.
Chapter 2: Global Space Insurance market size in revenue.
Chapter 3: Detailed analysis of Space Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Space Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.