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Advanced Space Composites Market - A Global and Regional Analysis

Focus on Platform, Component, Material, Manufacturing Process, Services, and Country - Analysis and Forecast, 2021-2031

 
Some Faq's

Frequently Asked Questions

The global advanced space composites market was valued at $845.7 million in 2020 and is projected to reach $2,881.9 million by 2031 at a CAGR of 11.94%

The main challenge restricting the growth of the global advanced space composites market is high cost associated with development and designing of space components.

Factors driving the growth of the global advanced space composites market are growing satellite launches and deep space activities and rising usage of commercial off-the-shelf (COTS) component.

The potential opportunities that are likely to boost the growth of global advanced space composites market are advancement in 3D printing technology for space industry and adoption of new material to manufacture space electronics.

The top market players are as follows:

  • Composite Companies: Applied Composites, ACPT Inc. (Advanced Composite Products and Technology), AdamWorks, LLC, Airborne, Cecence Ltd., Cimarron Composite, CST Composites, HyPerComp Engineering, Infinite Composites Technologies, Matrix Composites (an ITT Company), Microcosm, Inc., Peak Technology, RUAG Group, Stelia Aerospace North America Inc., Toray Advanced Composites, Hexcel Corporation, TRB
     
  • Satellite Companies: Airbus S.A.S, Boeing, GomSpaceA/S, Lockheed Martin Corporation, Thales Group
     
  • Launch Vehicle Companies: Arianespace, Blue Origin, Firefly Aerospace Inc., Relativity Space, ROCKET LAB USA, Space Exploration Technologies Corp. (SpaceX), Virgin Galactic
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