Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • The Kingdom’s biggest data management community, DAMA Saudi joins hands with Smart Data & AI Summit
    The Kingdom’s biggest data management community, DAMA Saudi joins hands with Smart Data & AI Summit Aviation
  • Toby & Leon Cooperman Sinai Residences Ranks Number One on Fortune’s Best Workplaces for Aging Services
    Toby & Leon Cooperman Sinai Residences Ranks Number One on Fortune’s Best Workplaces for Aging Services World News
  • KaJ Labs Launches  Billion Web3, AI Grant Program for Lithosphere (LITHO) & Jot Art (JOT) Developers
    KaJ Labs Launches $1 Billion Web3, AI Grant Program for Lithosphere (LITHO) & Jot Art (JOT) Developers Business
  • Anticipation Builds as DR Congo Gears Up for Upcoming Democratic Elections Amid Challenges
    Anticipation Builds as DR Congo Gears Up for Upcoming Democratic Elections Amid Challenges World News
  • Staylist Bolsters Leadership with Addition of Clyde Earl Yelverton, III, Real Estate Expert, as Chief Operating Officer
    Staylist Bolsters Leadership with Addition of Clyde Earl Yelverton, III, Real Estate Expert, as Chief Operating Officer Business
  • Protein Expression Market To See Massive Growth by 2032
    Protein Expression Market To See Massive Growth by 2032 Business
  • PMCF Advises Two Corrugated Packaging Industry Transactions in Third Quarter 2022
    PMCF Advises Two Corrugated Packaging Industry Transactions in Third Quarter 2022 Business
  • Potrero Medical to Present at Jefferies Virtual Private MedTech Summit
    Potrero Medical to Present at Jefferies Virtual Private MedTech Summit Business
Spacecraft Market Expected Demand of US$ 11.7 Billion by 2033, At a Booming 5.7% Growth Rate by 2033

Spacecraft Market Expected Demand of US$ 11.7 Billion by 2033, At a Booming 5.7% Growth Rate by 2033

Posted on January 19, 2025 By NewsEditor

Spacecraft Market Expected Demand of US$ 11.7 Billion by 2033, At a Booming 5.7% Growth Rate by 2033

Spacecraft Market 2025

Spacecraft market size was valued at $6.9 billion in 2023, and is projected to reach $11.7 billion by 2033, growing at a CAGR of 5.7% from 2024 to 2033.

By type, the manned spacecraft segment is anticipated to exhibit significant growth in the future.”

— Roshan Deshmukh

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 10, 2025 /EINPresswire.com/ — Allied Market Research published a report, titled, “Spacecraft Market by Type (Manned Spacecraft and Unmanned Spacecraft), and End Use (Commercial and Civil, and Military): Global Opportunity Analysis and Industry Forecast, 2022-2032″. According to the report, the global spacecraft industry size generated $5.9 billion in 2022 and is anticipated to generate $10.4 billion by 2032, witnessing a CAGR of 5.9% from 2023 to 2032. The research report offers quantitative and qualitative analyses of the overall market environment, focusing on key investment opportunities, top market segments, value chain analysis, market dynamics, regional outlook, and the competitive landscape.

Download Sample Report PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A10721

Factors such as increase in investment in space exploration missions by governments and private companies, surge in space exploration missions, and development of reusable spacecraft technology drive the growth of the spacecraft market. However, high development and manufacturing costs, and complex regulatory environment hinder the growth of the market. Furthermore, the increase in spacecraft infrastructure development projects and increase in the adoption of 3D printing for rapid manufacturing offer remarkable growth opportunities for the players operating in the spacecraft market.

The market is governed by factors such as the increase in investment in space exploration missions by governments and private companies, surge in space exploration missions, and development of reusable spacecraft technology, which positively impact the market growth. However, factors such as high development and manufacturing costs, and complex regulatory environment hinder the market growth. On the contrary, the increase in spacecraft infrastructure development projects, and increase in adoption of 3D printing for rapid manufacturing are the factors expected to offer growth opportunities during the forecast period.

Asia-Pacific is expected to experience significant growth during the forecast period. Rapid economic rise has permitted major investments into space tech in Asia-Pacific. China has undertaken revolutionary rover, space station and lunar exploration missions. Chinese commercial space also continues maturing via companies such as Galaxy Space. Meanwhile ISRO’s Mangalyaan Mars orbiter underscored India’s credentials for undertaking complex deep space missions at affordable costs. With increasing collaboration and technical proficiency growth in the region remains positive.

Based on type, the unmanned spacecraft segment held the highest market share in 2022, accounting for more than half of the global spacecraft market revenue and is estimated to maintain its leadership status during the forecast period. Unmanned spacecraft, also known as robotic or autonomous spacecraft, are vehicles designed to operate in space without human presence on board. These spacecrafts serve various purposes, including scientific exploration, satellite deployment, and interplanetary missions.

𝐋𝐈𝐌𝐈𝐓𝐄𝐃-𝐓𝐈𝐌𝐄 𝐎𝐅𝐅𝐄𝐑 (𝐓𝐢𝐥𝐥 𝟑𝟎 𝐉𝐀𝐍 𝟐𝟎𝟐𝟓) – Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/checkout-final/641177095172b490aa8bad3c6abddbd7

The manned spacecraft segment is expected to register the highest CAGR of 7.1% from 2023 to 2032. Manned spacecraft, also known as crewed spacecraft, are vehicles designed to carry astronauts into space. These spacecrafts are equipped with life support systems, living quarters, and control systems to ensure the safety and well-being of the crew during space missions.

Based on end use, the commercial and civil segment held the highest market share in 2022, accounting for more than three-fourths of the global spacecraft market revenue, and is estimated to maintain its leadership status during the forecast period. The segment is also projected to manifest the highest CAGR of 6.2% from 2023 to 2032. The commercial and civil spacecraft market is witnessing robust growth trends driven by satellites catering to applications such as broadband internet connectivity, IoT networks, real-time monitoring, and space tourism. Companies such as SpaceX, Planet Labs, and Rocket Lab, are deploying numerous small inexpensive satellites for global communications and observation services.

By region, North America held the highest market share in terms of revenue in 2022, accounting for more than two-fifths of the spacecraft market revenue. North America is one the largest regions for spacecraft manufacturing driven extensively by large-scale NASA and Department of Defense space programs in the U.S. The presence of key contractors such as SpaceX, Boeing, Lockheed Martin, Northrop Grumman, and emerging NewSpace startups focused on areas such as small satellites, space logistics, and infrastructure ensures steady projects. Canada also possesses niche expertise in robotic systems and satellite communications hardware.

Leading Market Players: –

> SpaceX

> Northrop Grumman Corporation

> Boeing Company

> Airbus

> Lockheed Martin Corporation

> Sierra Nevada Corporation

> Thales

> Maxar Technologies

> OHB SE

> Blue Origin Enterprises, L.P.

Key Benefits For Stakeholders:

> This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the spacecraft market analysis from 2022 to 2032 to identify the prevailing market opportunities.

> The market research is offered along with information related to key drivers, restraints, and opportunities.

> Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

> In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.

> Major countries in each region are mapped according to their revenue contribution to the global market.

> Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

> The report includes the analysis of the regional as well as global spacecraft industry trends, key players, market segments, application areas, and market growth strategies.

Enquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A10721

Reasons to Buy This Spacecraft Market Report:

• Mergers and acquisitions should be well-planned by identifying the best manufacturer.

• Sort new clients or possible partners into the demographic you’re looking for.

• Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

• Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

• To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

• Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

• To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

○ Satellite Connectivity Market Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/satellite-connectivity-market-A17100

○ Aircraft Seat Actuation System Market Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/aircraft-seat-actuation-systems-market-A07210

○ Aircraft Refurbishing Market Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/aircraft-refurbishing-market-A09100

○ Rocket Hybrid Propulsion Market Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/rocket-hybrid-propulsion-market-A08614

○ Hybrid Aircraft Market Opportunity Analysis and Industry Forecast, 2024-2033

https://www.alliedmarketresearch.com/hybrid-aircraft-market-A13306

○ Spacecraft Market Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/spacecraft-market-A10721

○ Aircraft Mounts Market Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/aircraft-mounts-market-A07208

○ Aircraft Lighting Systems Market Opportunity Analysis and Industry Forecast, 2020-2030

https://www.alliedmarketresearch.com/aircraft-lighting-systems-market

○ Aerostructures Market Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/aerostructures-market-A126733

○ Aircraft Oxygen System Market Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/aircraft-oxygen-system-market-A13206

○ Aerospace Artificial Intelligence Market Opportunity Analysis and Industry Forecast, 2021-2028

https://www.alliedmarketresearch.com/aerospace-artificial-intelligence-market-A11337

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X

What Sets Us Apart ? – Allied Market Research

Legal Disclaimer:

EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

You just read:

News Provided By

January 09, 2025, 21:03 GMT


EIN Presswire’s priority is author transparency. We do our best to weed out false and misleading content. The content above is
the sole responsibility of the author who makes it available. If you have any complaints, kindly contact the author above.



Originally published at https://www.einpresswire.com/article/775616254/spacecraft-market-expected-demand-of-us-11-7-billion-by-2033-at-a-booming-5-7-growth-rate-by-2033

Aviation

Post navigation

Previous Post: YU2SHINE launches “Miracle 2025”
Next Post: Karen Petry Hits Amazon Best-Seller Status with ‘Unlocking Success’, Book Co-Authored with Jack Canfield

Related Posts

  • Purpose-Built Model C2 Variant for Large Material Handling
    Purpose-Built Model C2 Variant for Large Material Handling Aviation
  • FAA Proposes $2.9 Million in Penalties Against Asia Pacific Airlines Aviation
  • Runway Safety Meetings Scheduled at Approximately 90 Airports
    Runway Safety Meetings Scheduled at Approximately 90 Airports Aviation
  • Electronic Warfare Market to Reach USD 23.56 Billion By 2028, Top Impacting Factors
    Electronic Warfare Market to Reach USD 23.56 Billion By 2028, Top Impacting Factors Aviation
  • KULR Launches Blockchain to Create Secure and Verifiable Supply Chain
    KULR Launches Blockchain to Create Secure and Verifiable Supply Chain Aviation
  • Zinc Plating Company Plateco Named ‘Top Shop’ for 6th Straight Year
    Zinc Plating Company Plateco Named ‘Top Shop’ for 6th Straight Year Aviation
October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • ImEx Cargo Portal Launches: Quote, Book & Track Air Cargo in SecondsOctober 22, 2025
  • Genome-Wide Association Studies Market to Expand at a 13.5% CAGR by 2029, Reaching US $3.76 BillionOctober 22, 2025
  • Granular Permissions Market – Opportunities, Share, Growth and Competitive Analysis and Forecast 2029October 21, 2025
  • Spectrum Networks Unveils ‘Beyond Lighting’ Initiative with Launch of Aviation-Grade Outlet SolutionsOctober 21, 2025
  • Healthcare Middleware Market Projected to Reach $6.77 Billion with 12.6% CAGR by 2029October 21, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • 46th Annual Philadelphia Museum of Art Craft Show Coming This November
    46th Annual Philadelphia Museum of Art Craft Show Coming This November Business
  • Electronic Nose Market Set To Reach .32 Billion By 2029, At A CAGR Of 14.1%
    Electronic Nose Market Set To Reach $52.32 Billion By 2029, At A CAGR Of 14.1% World News
  • War Day 230: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin
    War Day 230: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
  • War in Ukraine, Analytics. Day 1076: What Would be the Worst Scenario for Ukraine? Arestovych
    War in Ukraine, Analytics. Day 1076: What Would be the Worst Scenario for Ukraine? Arestovych World News
  • Secretary Antony J. Blinken Remarks to USAID Urban Search and Rescue Team
    Secretary Antony J. Blinken Remarks to USAID Urban Search and Rescue Team World News
  • Global Corrosion Under Insulation (CUI) & Spray-On Insulation (SOI) Coatings Market Trends For 2022-2031
    Global Corrosion Under Insulation (CUI) & Spray-On Insulation (SOI) Coatings Market Trends For 2022-2031 World News
  • War Day 50 :: war chronicles with Advisor to Ukraine President, Intel Officer, Alexey Arestovych
    War Day 50 :: war chronicles with Advisor to Ukraine President, Intel Officer, Alexey Arestovych World News
  • Shigemura, Lau, Sakanashi, Higuchi and Associates, Inc. (SLSH) Will Join Coffman Engineers
    Shigemura, Lau, Sakanashi, Higuchi and Associates, Inc. (SLSH) Will Join Coffman Engineers Business
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .