Global Space Suits Market is valued at approximately USD 150.5 million in 2022 and is anticipated to grow with a healthy growth rate of more than 34.13% over the forecast period 2023-2030. Space suits are specialized protective garments designed for astronauts and individuals working in space or in space-like environments. These suits are specifically designed for astronauts for their space mission. The space suit market is driven by factors such as increasing space exploration activities and programs as well as increasing space flights in leading nations.
The development of new spacesuits for human space discovery programs is anticipated to propel the growth of the market in the coming years, on June 2022, NASA declared a new partnership with the sector for new spacewalking and moonwalking services Axiom Space and Collins Aerospace have been chosen by NASA to supply astronauts with advanced spacesuits and spacewalk systems for conducting extravehicular activities (EVAs) outside the International Space Station. These systems will be utilized during Artemis missions to explore the lunar surface and prepare for future human expeditions to Mars. Along with this there is also increasing space flights which is resulting in market growth. for instance, On April 2022, Axiom Space successful conduct the first commercial space flight to ISS with four crew members. Therefore, the increasing demand for commercial space flights increasing the demand for space suits. In addition, increasing involvement of Private companies in space missions and increasing investment of leading space-faring nations may create a lucrative opportunity for the market. However, the high maintenance cost may hinder the growth of the market.
The key regions considered for the Global Space Suits Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the NASA's upcoming moon mission and space tourism provided by private American companies. Asia Pacific is considered the fastest-growing market during the forecasted period due to China's ambitious plan to develop its space station by 2024, the Chinese government and several private players have also announced to start of space tourism by 2025.
Major market players included in this report are:
- Axiom space Inc.
- Barber-Nichols
- Collins Aerospace
- David Clark company Inc.
- Creare
- The International Latex Corporation
- KBR Inc.
- World Wide Divers, Inc
- Paragon space development corporation
- Vinyl Technology Inc.
Recent Developments in the Market:
- On August 2022, Collins Aerospace opened a state-of-the-art facility in Houston, investing USD 30 million towards the advancement of an Extravehicular Activity (EVA) suit. The facility will serve as a hub for research, development, and production of the EVA suit, supporting NASA's mission for space exploration.
- On March 2022, MIT's Media Lab unveiled an innovative 3D knit Biosuit. This Biosuit incorporates several key features, including uniform skin pressure, lightweight design, and enhanced flexibility. The suit's unique construction allows for a comfortable and form-fitting experience, providing astronauts with improved mobility during space missions.
- On June 2022, Collins Aerospace was chosen by NASA to develop an advanced next-generation spacesuit for extravehicular activities (EVAs) in space. This collaboration aims to create an innovative spacesuit that will enhance astronaut mobility and functionality during spacewalks and other activities outside of the spacecraft.
Global Space Suits Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Application, Product, Type, Weight, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
- Intravehicular Activity
- Extravehicular Activity
By Product:
- New Space Suits
- Refurbishment
By Type:
- Soft Suits
- Hard Suits
- Hybrid Suits
- Skintight Suits
By Weight:
- up to 50 kg
- 50kg to 100 kg
- and Above 100kg
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Space Suits Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Space Suits Market, by Application, 2020-2030 (USD Million)
- 1.2.3. Space Suits Market, by Product, 2020-2030 (USD Million)
- 1.2.4. Space Suits Market, by Type, 2020-2030 (USD Million)
- 1.2.5. Space Suits Market, by Weight, 2020-2030 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Space Suits Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Space Suits Market Dynamics
- 3.1. Space Suits Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing space exploration activities and programs.
- 3.1.1.2. Increasing space flights in leading nations.
- 3.1.2. Market Challenges
- 3.1.2.1. High cost of maintenance.
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing involvement of private companies in space missions.
- 3.1.3.2. Increasing investment of leading space-faring nations.
Chapter 4. Global Space Suits Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Space Suits Market, by Application
- 5.1. Market Snapshot
- 5.2. Global Space Suits Market by Application, Performance - Potential Analysis
- 5.3. Global Space Suits Market Estimates & Forecasts by Application 2020-2030 (USD Million)
- 5.4. Space Suits Market, Sub Segment Analysis
- 5.4.1. Intravehicular Activity
- 5.4.2. Extravehicular Activity
Chapter 6. Global Space Suits Market, by Product
- 6.1. Market Snapshot
- 6.2. Global Space Suits Market by Product, Performance - Potential Analysis
- 6.3. Global Space Suits Market Estimates & Forecasts by Product 2020-2030 (USD Million)
- 6.4. Space Suits Market, Sub Segment Analysis
- 6.4.1. New space suit
- 6.4.2. refurbishment
Chapter 7. Global Space Suits Market, by Type
- 7.1. Market Snapshot
- 7.2. Global Space Suits Market by Type, Performance - Potential Analysis
- 7.3. Global Space Suits Market Estimates & Forecasts by Type 2020-2030 (USD Million)
- 7.4. Space Suits Market, Sub Segment Analysis
- 7.4.1. Soft suit
- 7.4.2. Hard suit
- 7.4.3. Hybrid suit
- 7.4.4. Skintight suit
Chapter 8. Global Space Suits Market, by Weight
- 8.1. Market Snapshot
- 8.2. Global Space Suits Market by Weight, Performance - Potential Analysis
- 8.3. Global Space Suits Market Estimates & Forecasts by Weight 2020-2030 (USD Million)
- 8.4. Space Suits Market, Sub Segment Analysis
- 8.4.1. Up to 50 kg
- 8.4.2. 50 kg to 100 kg
- 8.4.3. Above 100 kg
Chapter 9. Global Space Suits Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Space Suits Market, Regional Market Snapshot
- 9.4. North America Space Suits Market
- 9.4.1. U.S. Space Suits Market
- 9.4.1.1. Application breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Product breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Weight breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Space Suits Market
- 9.5. Europe Space Suits Market Snapshot
- 9.5.1. U.K. Space Suits Market
- 9.5.2. Germany Space Suits Market
- 9.5.3. France Space Suits Market
- 9.5.4. Spain Space Suits Market
- 9.5.5. Italy Space Suits Market
- 9.5.6. Rest of Europe Space Suits Market
- 9.6. Asia-Pacific Space Suits Market Snapshot
- 9.6.1. China Space Suits Market
- 9.6.2. India Space Suits Market
- 9.6.3. Japan Space Suits Market
- 9.6.4. Australia Space Suits Market
- 9.6.5. South Korea Space Suits Market
- 9.6.6. Rest of Asia Pacific Space Suits Market
- 9.7. Latin America Space Suits Market Snapshot
- 9.7.1. Brazil Space Suits Market
- 9.7.2. Mexico Space Suits Market
- 9.8. Middle East & Africa Space Suits Market
- 9.8.1. Saudi Arabia Space Suits Market
- 9.8.2. South Africa Space Suits Market
- 9.8.3. Rest of Middle East & Africa Space Suits Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Axiom space Inc.
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Barber-Nichols
- 10.3.3. Collins Aerospace
- 10.3.4. David clark company Inc.
- 10.3.5. Creare
- 10.3.6. The International Latex Corporation
- 10.3.7. KBR Inc.
- 10.3.8. World Wide Divers, Inc
- 10.3.9. Paragon space development corporation
- 10.3.10. Vinyl technology Inc.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption