Global Space Habitat Market 2024-2028
The space habitat market is forecasted to grow by USD 169.38 mn during 2023-2028, accelerating at a CAGR of 11.31% during the forecast period. The report on the space habitat market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adoption of reusable launch vehicles, infinite access to resources from outer space for human survival, and development of landing pads.
Technavio's space habitat market is segmented as below:
By End-user
By Technology
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the provision to recycle resources in space as one of the prime reasons driving the space habitat market growth during the next few years. Also, emergence of vertical take-off vertical landing (VTVL) technology and space tourism concepts gaining traction will lead to sizable demand in the market.
The report on the space habitat market covers the following areas:
- Space habitat market sizing
- Space habitat market forecast
- Space habitat market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading space habitat market vendors that include AI SpaceFactory, Axiom Space Inc., Bigelow Aerospace LLC, Foster and Partners Group Ltd., Gravitics, ILC Dover LP, Lockheed Martin Corp., NANORACKS, Northrop Grumman Corp., Sierra Nevada Corp., The Boeing Co., and VAST SPACE LLC. Also, the space habitat market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.