Institution: It is estimated that the global satellite rocket launch market scale will reach 40.4 billion USD by 2028.

On August 11, according to the latest satellite industry research by TrendForce, Starlink has recently completed the deployment of its first batch of V3 satellites. By utilizing ultra-large phased array antennas with 2,048 array units and lowering orbital altitude, it can provide extremely low-latency bandwidth and direct satellite services for mobile phones. As the V3 satellites move into large-scale deployment, the demand for launch missions from Starlink's parent company, SpaceX, is expected to gradually increase, driving the global satellite rocket launch market size to rise to $40.4 billion by 2028.