The market for orbital launch services is considerable, but limited. Is the room for all the players?
Orbital launch services are the key to the commercial development of space. Crude flight gets the headlines, but the vast majority of launches carry communications and Earth resources satellites, and of course, military applications.
But are there too many players in the market? Space X is in the low-cost launcher, but their major market is internal, with Starlink. And with the upcoming retirement of the ISS, the market for crewed flight is uncertain. The market may bifurcate into:
(1) fewer, heavy launch providers; and
(2) multiple small sat launchers with fast reaction capability.
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