Astronaut Spacesuit Market By Type (EVA Suits, IVA Suits) , By Design (Soft Suits, Hard Shell Suits, Skin Tight Suits, Hybrid Suits) By Application (EVA Activities, IVA Activities) : Global Opportunity Analysis and Industry Forecast, 2024-2033
Astronaut Spacesuit Market
The astronaut spacesuit market was valued at $0.9 billion in 2023 and is projected to reach $1.7 billion by 2033, growing at a CAGR of 6.6% from 2024 to 2033.
An astronaut spacesuit is a set of clothing that acts as a miniature spaceship for individuals during space exploration. It is equipped with essential components that protect astronauts from the potential threats of being outside the vehicle for their mission, including extreme temperature, radiation, and debris. There are two major components of an astronaut spacesuit, a pressure garment and a life support system. A pressure garment is a body-shaped structure of spacesuits that shields the body and enables mobility.
Increase in investments in space exploration projects & associated infrastructure from government agencies and private companies has propelled the development of the astronaut spacesuit market. In addition, efforts by stakeholders to promote commercial space tourism in the future are expected to fuel the demand for lightweight & comfortable spacesuits and augment the market growth in the coming years. In recent times, the deployment of smart materials and innovative manufacturing techniques such as 3D printing has become a prominent trend in the astronaut spacesuit market. 3D printing enables customization of spacesuits according to the size of each astronaut and smart materials are poised to enhance their overall functionality.
However, limited number of missions and astronauts make the space industry a niche landscape that prevents large-scale commercialization of the astronaut spacesuit market and hampers its growth. On the contrary, the partnership of space agencies with luxury fashion brands and space infrastructure developers to create cutting-edge spacesuits is presenting lucrative opportunities for market expansion. For instance, Prada—an Italian luxury fashion house—and Axiom Space—a provider of space infrastructure—are working in collaboration to design a spacesuit to be used for NASA's Artemis 3 mission to the moon.
Segment ReviewThe astronaut spacesuit market is segmented into type, design, application, and region. On the basis of type, the market is bifurcated into EVA suits and IVA suits. Depending on design, it is divided into soft suits, hard shell suits, skintight suits, and hybrid suits. As per application, it is classified into EVA activities and IVA activities. Region wise, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Key FindingsOn the basis of type, the EVA suits segment held a high share of the market in 2023.
Depending on design, the hard shell suits segment acquired a high stake in the market in 2023.
As per application, the EVA activities segment dominated the market in 2023.
Region wise, North America was the highest revenue generator in 2023.
Competition AnalysisThe leading players operating in the global astronaut spacesuit market include The Boeing Company, Collins Aerospace, David Clark Company, Austrian Space Forum, Space Exploration Technologies Corp, Final Frontier Design, NPP Zvezda, Garrett AiResearch, Oceaneering International, and Sure Safety India Ltd. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.
Key Market SegmentsBy TypeEVA Suits
IVA Suits
By DesignSoft Suits
Hard Shell Suits
Skin Tight Suits
Hybrid Suits
By ApplicationEVA Activities
IVA Activities
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East and Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East and Africa
Key Market PlayersThe Boeing Company
Collins Aerospace
David Clark Company
Austrian Space Forum
Space Exploration Technologies Corp
Final Frontier Design
NPP Zvezda
Garrett AiResearch
Oceaneering International
Sure Safety India Ltd.