Growing number of space testing and launches are influencing the market growth. As per the market specialists study, the small vehicle continues to be at the highest earning sector with a growing CAGR of 15.4% under vehicle type section. Various business corporations are entering into collaborations for the research and development of newer technologies with regards to small vehicle services to space. For instance, SpaceX successfully launched an un-crewed Dragon spacecraft for NASA. This is the only spacecraft that was developed privately to carry astronauts to earth’s orbit.