The US reusable launch vehicle market size is projected to reach USD 1,634.9 million by the end of 2027. The market was worth USD 482.4 million in 2019 and will exhibit a CAGR of 14.77% during the forecast period 2023-2027. A reusable launch vehicle (RLV) is a type of vehicle that can help a satellite or payload lift off into space. The vehicle makes use of several modern concepts and its ultimate aim is to reduce the massive costs that are incurred for launching satellites.

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