Global Spacesuit Market 2024-2028
Technavio has been monitoring the spacesuit market and is forecast to grow by USD 231.1 mn during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. Our report on the spacesuit 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 implementation of 3D printing technologies, preference for advanced materials, and priority for establishing enhanced connectivity systems.
Technavio's spacesuit market is segmented as below:
By Product
- Hybrid suits
- Hard-shell suits
- Soft-shell suits
By Type
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the emergence of space travel concept as one of the prime reasons driving the spacesuit market growth during the next few years. Also, development of multipurpose garments and investments in the development of wearable tech glasses will lead to sizable demand in the market.
Technavio 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. Our report on the spacesuit market covers the following areas:
- Spacesuit market sizing
- Spacesuit market forecast
- Spacesuit market industry analysis
Technavio's 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 spacesuit market vendors that include Axiom Space Inc., David Clark Co., Global Effects Inc., ILC Dover LP, Oceaneering International Inc., Osterreichisches Weltraum Forum, PACIFIC SPACEFLIGHT, RTX Corp., Rostec, Sure Safety (India) Ltd., and The Boeing Co.. Also, the spacesuit 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.
Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.