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:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
8.42%
CAGR
9.45%
Incremental Value
$231.1mn
By Product
Hybrid suits
Hard-shell suits
Soft-shell suits
By Type
EVA suits
IVA suits
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.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Spacesuit Market 2018 - 2022
Historic Market Size - Data Table on Global Spacesuit Market 2018 - 2022 ($ million)