Published Year: 2021
Silicon Carbide (SiC) Fibers Market - A Global and Regional Analysis: Focus on Aerospace and Other I
The global SiC fibers market is expected to reach $2,519.2 million by 2031, with a CAGR of...
Market Research Report
A quick peek into the report
Table of Contents
1.1 Industry Outlook
1.1.1 Global Advanced Space Composites Market: Overview
1.1.2 Futuristic Trends on Space Composites
1.1.2.1 Moon Fibers
1.1.2.2 Reusable Launch Vehicles (RLVs)
1.1.2.3 Sub-Orbital Transportation
1.1.2.4 On-Orbit Manufacturing
1.1.3 Investment and Startup Scenario
1.1.4 Leading Companies and Certifications
1.1.5 Regulatory Framework
1.1.5.1 NASA’s Design and Manufacturing Guideline for Aerospace Composites
1.1.6 Key Composite Suppliers and Platforms
1.1.7 Supply Chain Analysis
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Growing Satellite Launches and Deep Space Activities
1.2.1.2 Rising Usage of Commercial Off-The-Shelf (COTS) Component
1.2.2 Business Challenges
1.2.2.1 High Cost Associated with Development and Designing of Space Components
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Contracts, Agreements, Partnerships, Collaborations, and Acquisitions
1.2.4.2 Other Developments
1.2.5 Business Opportunities
1.2.5.1 Advancement in 3D Printing Technology for Space Industry
1.2.5.2 Adoption of New Material to Manufacture Space Electronics
2.1 Global Advanced Space Composites Market (by Platform)
2.1.1 Market Overview
2.1.2 Satellites
2.1.2.1 Small Satellite (0-1,200 kg)
2.1.2.2 Medium Satellite (1,201-2,200 kg)
2.1.2.3 Large Satellite (Above 2,201 kg)
2.1.3 Launch Vehicles
2.1.4 Deep Space Probes and Rovers
2.2 Global Advanced Space Composites Market (by Component)
2.2.1 Market Overview
2.2.2 Payloads
2.2.3 Structures
2.2.4 Antenna
2.2.5 Solar Array Panels
2.2.6 Propellant Tanks
2.2.7 Spacecraft Module
2.2.8 Sunshade Door
2.2.9 Thrusters
2.2.10 Thermal Protection
2.2.11 Others
3.1 Global Advanced Space Composites Market (by Material)
3.1.1 Market Overview
3.1.2 Fiber Types
3.1.2.1 Carbon Fiber
3.1.2.2 Glass Fiber
3.1.3 Resin Type
3.1.3.1 Thermoset
3.1.3.2 Thermoplastic
3.1.4 Nanomaterials
3.1.5 Ceramic Matrix Composites (CMC) and Metal Matrix Composites (MMC)
3.1.6 Others
3.2 Global Analysis of Advanced Space Composites Market (by Manufacturing Process)
3.2.1 Market Overview
3.2.2 Automated Fiber Placement (ATL/AFP)
3.2.3 Compression Molding
3.2.4 Additive Manufacturing
3.2.5 Others
3.3 Global Analysis of Advanced Space Composites Market (by Service)
3.3.1 Repair and Maintenance
3.3.2 Manufacturing
3.3.3 Design and Modeling
4.1 North America
4.1.1 Market
4.1.1.1 Key Players in North America
4.1.1.2 Business Drivers
4.1.1.3 Business Challenges
4.1.2 Application
4.1.2.1 North America Advanced Space Composites Market (by Platform)
4.1.2.2 North America Advanced Space Composites Market (by Component)
4.1.3 Product
4.1.3.1 North America Advanced Space Composites Market (by Material)
4.1.3.2 North America Advanced Space Composites Market (by Manufacturing Process)
4.1.4 North America (by Country)
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Key Players in the U.S.
4.1.4.1.1.2 Business Drivers
4.1.4.1.1.3 Business Challenges
4.1.4.1.2 Application
4.1.4.1.2.1 U.S. Advanced Space Composites Market (by Platform)
4.1.4.1.3 Product
4.1.4.1.3.1 U.S. Advanced Space Composites Market (by Material)
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Key Players in Canada
4.1.4.2.1.2 Business Drivers
4.1.4.2.1.3 Business Challenge
4.1.4.2.2 Application
4.1.4.2.2.1 Canada Advanced Space Composites Market (by Platform)
4.1.4.2.3 Product
4.1.4.2.3.1 Canada Advanced Space Composites Market (by Material)
4.2 Europe
4.2.1 Market
4.2.1.1 Key Players in Europe
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Application
4.2.2.1 Europe Advanced Space Composites Market (by Platform)
4.2.2.2 Europe Advanced Space Composites Market (by Component)
4.2.3 Product
4.2.3.1 Europe Advanced Space Composites Market (by Material)
4.2.3.2 Europe Advanced Space Composites Market (by Manufacturing Process)
4.2.4 Europe (by Country)
4.2.4.1 U.K.
4.2.4.1.1 Market
4.2.4.1.1.1 Key Players in the U.K.
4.2.4.1.1.2 Business Drivers
4.2.4.1.1.3 Business Challenges
4.2.4.1.2 Application
4.2.4.1.2.1 U.K. Advanced Space Composites Market (by Platform)
4.2.4.1.3 Product
4.2.4.1.3.1 U.K. Advanced Space Composites Market (by Material)
4.2.4.2 Germany
4.2.4.2.1 Market
4.2.4.2.1.1 Key Players in Germany
4.2.4.2.1.2 Business Drivers
4.2.4.2.1.3 Business Challenges
4.2.4.2.2 Application
4.2.4.2.2.1 Germany Advanced Space Composites Market (by Platform)
4.2.4.2.3 Product
4.2.4.2.3.1 Germany Advanced Space Composites Market (by Material)
4.2.4.3 France
4.2.4.3.1 Market
4.2.4.3.1.1 Key Players in France
4.2.4.3.1.2 Business Drivers
4.2.4.3.1.3 Business Challenges
4.2.4.3.2 Application
4.2.4.3.2.1 France Advanced Space Composites Market (by Platform)
4.2.4.3.3 Product
4.2.4.3.3.1 France Advanced Space Composites Market (by Material)
4.2.4.4 Rest-of-Europe
4.2.4.4.1 Application
4.2.4.4.1.1 Rest-of-Europe Advanced Space Composites Market (by Platform)
4.2.4.4.2 Product
4.2.4.4.2.1 Rest-of-Europe Advanced Space Composites Market (by Material)
4.3 Asia-Pacific
4.3.1 Market
4.3.1.1 Key Players in Asia-Pacific
4.3.1.2 Business Driver
4.3.1.3 Business Challenge
4.3.2 Application
4.3.2.1 Asia-Pacific Advanced Space Composites Market (by Platform)
4.3.2.2 Asia-Pacific Advanced Space Composites Market (by Component)
4.3.3 Product
4.3.3.1 Asia-Pacific Advanced Space Composites Market (by Material)
4.3.3.2 Asia-Pacific Advanced Space Composites Market (by Manufacturing Process)
4.3.4 Asia-Pacific (by Country)
4.3.4.1 China
4.3.4.1.1 Market
4.3.4.1.1.1 Key Players in China
4.3.4.1.1.2 Business Drivers
4.3.4.1.1.3 Business Challenges
4.3.4.1.2 Application
4.3.4.1.2.1 China Advanced Space Composites Market (by Platform)
4.3.4.1.3 Product
4.3.4.1.3.1 China Advanced Space Composites Market (by Material)
4.3.4.2 Japan
4.3.4.2.1 Market
4.3.4.2.1.1 Key Players in Japan
4.3.4.2.1.2 Business Drivers
4.3.4.2.1.3 Business Challenges
4.3.4.2.2 Application
4.3.4.2.2.1 Japan Advanced Space Composites Market (by Platform)
4.3.4.2.3 Product
4.3.4.2.3.1 Japan Advanced Space Composites Market (by Material)
4.3.4.3 India
4.3.4.3.1 Market
4.3.4.3.1.1 Key Players in India
4.3.4.3.1.2 Business Drivers
4.3.4.3.1.3 Business Challenges
4.3.4.3.2 Application
4.3.4.3.2.1 India Advanced Space Composites Market (by Platform)
4.3.4.3.3 Product
4.3.4.3.3.1 India Advanced Space Composites Market (by Material)
4.3.4.4 South Korea
4.3.4.4.1 Market
4.3.4.4.1.1 Key Players in South Korea
4.3.4.4.1.2 Business Drivers
4.3.4.4.1.3 Business Challenges
4.3.4.4.2 Application
4.3.4.4.2.1 South Korea Advanced Space Composites Market (by Platform)
4.3.4.4.3 Product
4.3.4.4.3.1 South Korea Advanced Space Composites Market (by Material)
4.3.4.5 Rest-of-Asia-Pacific
4.3.4.5.1 Application
4.3.4.5.1.1 Rest-of-Asia-Pacific Advanced Space Composites Market (by Platform)
4.3.4.5.2 Product
4.3.4.5.2.1 Rest-of-Asia-Pacific Advanced Space Composites Market (by Material)
4.4 Rest-of-the-World
4.4.1 Market
4.4.1.1 Key Players in Rest-of-the World
4.4.1.2 Business Driver
4.4.1.3 Business Challenge
4.4.2 Rest-of-the-World (by Country)
4.4.2.1 Brazil
4.4.2.1.1 Market
4.4.2.1.1.1 Key Players in Brazil
4.4.2.1.1.2 Business Drivers
4.4.2.1.1.3 Business Challenges
4.4.2.1.2 Application
4.4.2.1.2.1 Brazil Advanced Space Composites Market (by Platform)
4.4.2.1.3 Product
4.4.2.1.3.1 Brazil Advanced Space Composites Market (by Material)
4.4.2.2 U.A.E.
4.4.2.3 Market
4.4.2.3.1 Key Players in U.A.E.
4.4.2.3.2 Business Drivers
4.4.2.3.3 Business Challenge
4.4.2.3.4 Application
4.4.2.3.4.1 U.A.E. Advanced Space Composites Market (by Platform)
4.4.2.3.5 Product
4.4.2.3.5.1 U.A.E. Advanced Space Composites Market (by Material)
5.1 Competitive Benchmarking
5.2 Composite Companies
5.2.1 Applied Composites
5.2.1.1 Company Overview
5.2.1.2 Role of Applied Composites in the Global Advanced Space Composites Market
5.2.1.3 Product Portfolio
5.2.1.4 Corporate Strategies
5.2.1.4.1 Acquisition
5.2.1.5 Strength and Weakness of Applied Composites
5.2.2 ACPT Inc. (Advanced Composite Products and Technology)
5.2.2.1 Company Overview
5.2.2.2 Role of ACPT Inc. in the Global Advanced Space Composites Market
5.2.2.3 Product Portfolio
5.2.2.4 Strength and Weakness of ACPT Inc.
5.2.3 AdamWorks, LLC
5.2.3.1 Company Overview
5.2.3.2 Role of AdamWorks, LLC in the Global Advanced Space Composites Market
5.2.3.3 Product Portfolio
5.2.3.4 Strength and Weakness of AdamWorks, LLC
5.2.4 Airborne
5.2.4.1 Company Overview
5.2.4.2 Role of Airborne in the Global Advanced Space Composites Market
5.2.4.3 Product Portfolio
5.2.4.4 Business Strategies
5.2.4.4.1 Product Development
5.2.4.5 Corporate Strategies
5.2.4.5.1 Contract and Agreement
5.2.4.6 Strength and Weakness of Airborne
5.2.5 Cecence Ltd.
5.2.5.1 Company Overview
5.2.5.2 Role of Cecence Ltd. in the Global Advanced Space Composites Market
5.2.5.3 Product Portfolio
5.2.5.4 Strength and Weakness of Cecence Ltd.
5.2.6 Cimarron Composite
5.2.6.1 Company Overview
5.2.6.2 Role of Cimarron Composite in the Global Advanced Space Composites Market
5.2.6.3 Product Portfolio
5.2.6.4 Strength and Weakness of Cimarron Composite
5.2.7 CST Composites
5.2.7.1 Company Overview
5.2.7.2 Role of CST Composites in the Global Advanced Space Composites Market
5.2.7.3 Product Portfolio
5.2.7.4 Strength and Weakness of CST Composites
5.2.8 HyPerComp Engineering
5.2.8.1 Company Overview
5.2.8.2 Role of HyPerComp Engineering in the Global Advanced Composites Market
5.2.8.3 Product Portfolio
5.2.8.4 Strength and Weakness of HyPerComp Engineering
5.2.9 Infinite Composites Technologies
5.2.9.1 Company Overview
5.2.9.2 Role of Infinite Composites Technologies in the Global Advanced Space Composites Market
5.2.9.3 Product Portfolio
5.2.9.4 Strength and Weakness of Infinite Composites Technologies
5.2.10 Matrix Composites (an ITT Company)
5.2.10.1 Company Overview
5.2.10.2 Role of Matrix Composites in the Global Advanced Space Composites Market
5.2.10.3 Product Portfolio
5.2.10.4 Strength and Weakness of Matrix Composites (an ITT Company)
5.2.11 Microcosm, Inc.
5.2.11.1 Company Overview
5.2.11.2 Role of Microcosm, Inc. in the Global Advanced Space Composites Market
5.2.11.3 Product Portfolio
5.2.11.4 Strength and Weakness of Microcosm, Inc.
5.2.12 Peak Technology
5.2.12.1 Company Overview
5.2.12.2 Role of Peak Technology in the Global Advanced Space Composites Market
5.2.12.3 Product Portfolio
5.2.12.4 Strength and Weakness of Peak Technology
5.2.13 RUAG Group
5.2.13.1 Company Overview
5.2.13.2 Role of RUAG Group in the Global Advanced Space Composites Market
5.2.13.3 Product Portfolio
5.2.13.4 Strength and Weakness of RUAG Group
5.2.14 Stelia Aerospace North America Inc.
5.2.14.1 Company Overview
5.2.14.2 Role of Stelia Aerospace North America Inc. in the Global Advanced Space Composites Market
5.2.14.3 Product Portfolio
5.2.14.4 Strength and Weakness of Stelia Aerospace North America Inc.
5.2.15 Toray Advanced Composites
5.2.15.1 Company Overview
5.2.15.2 Role of Toray Advanced Composites in the Global Advanced Space Composites Market
5.2.15.3 Product Portfolio
5.2.15.4 Strength and Weakness of Toray Advanced Composites
5.2.16 Hexcel Corporation
5.2.16.1 Company Overview
5.2.16.2 Role of Hexcel Corporation in the Global Advanced Space Composites Market
5.2.16.3 Product Portfolio
5.2.16.4 Strength and Weakness of Hexcel Corporation
5.2.17 TRB
5.2.17.1 Company Overview
5.2.17.2 Role of TRB in the Global Advanced Space Composites Market
5.2.17.3 Product Portfolio
5.2.17.4 Strength and Weakness of TRB
5.2.18 Other Composite Companies
5.2.18.1 AMALGA COMPOSITES, INC.
5.2.18.2 MATERIAL
5.2.18.3 Orbital Composites, Inc.
5.3 Satellite Companies
5.3.1 Airbus S.A.S
5.3.1.1 Company Overview
5.3.1.2 Role of Airbus S.A.S in Global Advanced Space Composites Market
5.3.1.3 Product Portfolio
5.3.1.4 Ongoing Planned Programs/Projects
5.3.1.5 Strength and Weakness of Airbus S.A.S
5.3.1.6 R&D Analysis
5.3.2 Boeing
5.3.2.1 Company Overview
5.3.2.2 Role of Boeing in Global Advanced Space Composites Market
5.3.2.3 Product Portfolio
5.3.2.4 Ongoing Planned Programs/Projects
5.3.2.5 Strength and Weakness of Boeing
5.3.2.6 R&D Analysis
5.3.3 GomSpaceA/S
5.3.3.1 Company Overview
5.3.3.2 Role of GomSpace A/S in Global Advanced Space Composites Market
5.3.3.3 Product Portfolio
5.3.3.4 Ongoing Planned Programs/Projects
5.3.3.5 Strength and Weakness of GomSpace A/S
5.3.4 Lockheed Martin Corporation
5.3.4.1 Company Overview
5.3.4.2 Role of Lockheed Martin Corporation in Global Advanced Space Composites Market
5.3.4.3 Product Portfolio
5.3.4.4 Ongoing Planned Programs/Projects
5.3.4.5 R&D Analysis
5.3.4.6 Strength and Weakness of Lockheed Martin Corporation
5.3.5 Thales Group
5.3.5.1 Company Overview
5.3.5.2 Role of Thales Group in Global Advanced Space Composites Market
5.3.5.3 Product Portfolio
5.3.5.4 Ongoing Planned Programs/Projects
5.3.5.5 Strength and Weakness of Thales Group
5.3.5.6 R&D Analysis
5.4 Launch Vehicle Companies
5.4.1 Arianespace
5.4.1.1 Company Overview
5.4.1.2 Role of Arianespace in Global Advanced Space Composites Market
5.4.1.3 Product Portfolio
5.4.1.4 Strengths and Weaknesses of Arianespace
5.4.2 Blue Origin
5.4.2.1 Company Overview
5.4.2.2 Role of Blue Origin in Global Advanced Space Composites Market
5.4.2.3 Product Portfolio
5.4.2.4 Ongoing and Planned Programs/Projects
5.4.2.5 Strength and Weakness of Blue Origin
5.4.3 Firefly Aerospace Inc.
5.4.3.1 Company Overview
5.4.3.2 Role of Firefly Aerospace Inc. in Global Advanced Space Composites Market
5.4.3.3 Product Portfolio
5.4.3.4 Ongoing and Planned Programs/Projects
5.4.3.5 Strength and Weakness of Firefly Aerospace Inc.
5.4.4 Relativity Space
5.4.4.1 Company Overview
5.4.4.2 Role of Relativity Space in Global Advanced Space Composites Market
5.4.4.3 Product Portfolio
5.4.4.4 Ongoing and Planned Programs/Projects
5.4.4.5 Strength and Weakness of Relativity Space
5.4.5 ROCKET LAB USA
5.4.5.1 Company Overview
5.4.5.2 Role of ROCKET LAB USA in Global Advanced Space Composites Market
5.4.5.3 Product Portfolio
5.4.5.4 Ongoing and Planned Programs/Projects
5.4.5.5 Strength and Weakness of ROCKET LAB USA
5.4.6 Space Exploration Technologies Corp. (SpaceX)
5.4.6.1 Company Overview
5.4.6.2 Role of SpaceX in Global Advanced Space Composites Market
5.4.6.3 Product Portfolio
5.4.6.4 Ongoing and Planned Programs/Projects
5.4.6.5 Strength and Weakness of SpaceX
5.4.7 Virgin Galactic
5.4.7.1 Company Overview
5.4.7.2 Role of Virgin Galactic in Global Advanced Space Composites Market
5.4.7.3 Product Portfolio
5.4.7.4 Ongoing and Planned Programs/Projects
5.4.7.5 Strength and Weakness of Virgin Galactic
5.4.7.6 R&D Analysis
Research Methodology
Table 1: Leading Companies and Certifications
Table 2: Global Satellite and Launch Vehicle Market, Units, 2020-2031
Table 3: Global Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 4: Global Advanced Space Composites Market (by Satellite Type), $Million, 2020-2031
Table 5: Global Advanced Space Composites Market (by Component), $Million, 2020-2031
Table 6: Global Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 7: Global Advanced Space Composites Market (by Manufacturing Process), $Million, 2020-2031
Table 8: Global Advanced Space Composites Market (by Service), $Million, 2020-2031
Table 9: Global Advanced Space Composites Market (by Region), $Million, 2020-2031
Table 10: North America Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 11: North America Advanced Space Composites Market (by Component), $Million, 2020-2031
Table 12: North America Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 13: North America Advanced Space Composites Market (by Manufacturing Process), $Million, 2020-2031
Table 14: U.S. Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 15: U.S. Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 16: Canada Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 17: Canada Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 18: Europe Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 19: Europe Advanced Space Composites Market (by Component), $Million, 2020-2031
Table 20: Europe Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 21: Europe Advanced Space Composites Market (by Manufacturing Process), $Million, 2020-2031
Table 22: U.K. Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 23: U.K. Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 24: Germany Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 25: Germany Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 26: France Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 27: France Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 28: Rest-of-Europe Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 29: Rest-of-Europe Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 30: Asia-Pacific Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 31: Asia-Pacific Advanced Space Composites Market (by Component), $Million, 2020-2031
Table 32: Asia-Pacific Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 33: Asia-Pacific Advanced Space Composites Market (by Manufacturing Process), $Million, 2020-2031
Table 34: China Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 35: China Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 36: Japan Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 37: Japan Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 38: India Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 39: India Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 40: South Korea Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 41: South Korea Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 42: Rest-of-Asia-Pacific Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 43: Rest-of-Asia-Pacific Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 44: Brazil Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 45: Brazil Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 46: U.A.E. Advanced Space Composites Market (by Platform), $Million, 2020-2031
Table 47: U.A.E. Advanced Space Composites Market (by Material), $Million, 2020-2031
Table 48: Applied Composites: Product Portfolio
Table 49: Applied Composites: Acquisition
Table 50: ACPT Inc.: Product Portfolio
Table 51: AdamWorks, LLC: Product Portfolio
Table 52: Airborne: Product Portfolio
Table 53: Airborne: Product Development
Table 54: Airborne: Contract, Agreement, and Partnership
Table 55: Cecence Ltd.: Product Portfolio
Table 56: Cimarron Composite: Product Portfolio
Table 57: CST Composites: Product Portfolio
Table 58: HyPerComp Engineering: Product Portfolio
Table 59: Infinite Composites Technologies: Product Portfolio
Table 60: Matrix Composites: Product Portfolio
Table 61: Microcosm, Inc.: Product Portfolio
Table 62: Peak Technology: Product Portfolio
Table 63: RUAG Group: Product Portfolio
Table 64: Stelia Aerospace North America Inc.: Product Portfolio
Table 65: Toray Advanced Composites: Product Portfolio
Table 66: Hexcel Corporation: Product Portfolio
Table 67: TRB: Product Portfolio
Table 68: Airbus S.A.S: Product Portfolio
Table 69: Airbus S.A.S: Ongoing Planned Programs/Projects
Table 70: Boeing: Product Portfolio
Table 71: Boeing: Ongoing Planned Programs/Projects
Table 72: GomSpace A/S: Product Portfolio
Table 73: GomSpace A/S: Ongoing Planned Programs/Projects
Table 74: Lockheed Martin Corporation: Product Portfolio
Table 75: Lockheed Martin: Ongoing Planned Programs/Projects
Table 76: Thales Group: Product Portfolio
Table 77: Thales Group: Ongoing Planned Programs/Projects
Table 78: Arianespace: Product Portfolio
Table 79: Blue Origin: Product Portfolio
Table 80: Blue Origin: Ongoing and Planned Programs/Projects
Table 81: Firefly Aerospace Inc.: Product Portfolio
Table 82: Firefly Aerospace Inc.: Ongoing and Planned Programs/Projects
Table 83: Relativity Space: Product Portfolio
Table 84: Relativity Space: Ongoing and Planned Programs/Projects
Table 85: ROCKET LAB USA: Product Portfolio
Table 86: ROCKET LAB USA: Ongoing and Planned Programs/Projects
Table 87: SpaceX: Product Portfolio
Table 88: SpaceX: Ongoing and Planned Programs/Projects
Table 89: Virgin Galactic: Product Portfolio
Table 90: Virgin Galactic: Ongoing and Planned Programs/Projects
Figure 1: Global Advanced Space Composites Market, $Million, 2021 and 2031
Figure 2: Global Advanced Space Composites Market (by Platform), $Million, 2021 and 2031
Figure 3: Global Advanced Space Composites Market (by Component), $Million, 2021 and 2031
Figure 4: Global Advanced Space Composites Market (by Material), $Million, 2021 and 2031
Figure 5: Global Advanced Space Composites Market (by Region), $Million, 2020
Figure 6: Advanced Space Composites Market Coverage
Figure 7: Satellite Launches: January 2010-May 2021
Figure 8: Key Composite Suppliers for Satellite Components
Figure 9: Key Composite Suppliers for Launch Vehicle Components
Figure 10: Supply Chain Analysis of Advanced Space Composites Market
Figure 11: Business Dynamics of Global Advanced Space Composites Market
Figure 12: Share of Key Market Strategies and Developments, January 2018-August 2021
Figure 13: Product Developments (by Company), January 2018-August 2021
Figure 14: Expansion, January 2018-August 2021
Figure 15: Contracts, Agreements, Partnerships, Collaborations, and Acquisitions (by Company), January 2018-August 2021
Figure 16: Other Developments (by Company), January 2018-August 2021
Figure 17: Global Advanced Space Composites Market (by Platform)
Figure 18: Global Advanced Space Composites Market (by Component)
Figure 19: Global Advanced Space Composites Market (by Material)
Figure 20: Global Advanced Space Composites Market (by Manufacturing Process)
Figure 21: Global Advanced Space Composites Market (by Service)
Figure 22: Competitive Benchmarking of Key Players
Figure 23: Airbus S.A.S R&D (2018-2020)
Figure 24: Boeing R&D (2018-2020)
Figure 25: Lockheed Martin Corporation R&D (2018-2020)
Figure 26: Thales Group (2018-2020)
Figure 27: Virgin Galactic R&D (2019-2020)
Figure 28: Research Methodology
Figure 29: Top-Down and Bottom-Up Approach
Figure 30: Advanced Space Composites Market Influencing Factors
Figure 31: Assumptions and Limitations
Market Report Coverage
|
Advanced Space Composites |
|||
|
Base Year |
2020 |
Market Size in 2020 |
$845.7 Million |
|
Forecast Period |
2021-2031 |
Value Projection and Estimation by 2031 |
$2,881.9 Million |
|
CAGR During Forecast Period |
11.94% |
Number of Tables |
90 |
|
Number of Pages |
214 |
Number of Figures |
31 |
|
Market Segmentation |
• Platform: Satellites, Launch Vehicles, and Deep Space Probes and Rovers • Components: Payloads, Structures, Antenna, Solar Array Panels, Propellant Tanks, Spacecraft Module, Sunshade Door, Thrusters, Thermal Protection, and Others • Product: Material, Manufacturing Process, and Service |
||
|
Regional Segmentation |
• North America: U.S. and Canada • Europe: U.K., Germany, France, and Rest-of-Europe • Asia-Pacific: China, Japan, India, South Korea, and Rest-of-Asia-Pacific • Rest-of-the-World: Brazil and U.A.E. |
||
|
Market Growth Drivers |
• Growing Satellite Launches and Deep Space Activities • Rising Usage of Commercial Off-The-Shelf (COTS) Component |
||
|
Market Challenges |
• High Cost Associated with Development and Designing of Space Components |
||
|
Market Opportunities |
• Advancement in 3D Printing Technology for Space Industry • Adoption of New Material to Manufacture Space Electronics |
||
|
Key Companies Profiled |
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 |
||
How This Report Can Add Value
Product/Innovation Strategy: The product segment helps the reader in understanding the different types of materials used by the companies for various platforms. Moreover, the study provides the reader a detailed understanding of advanced space composites solutions with respect to components ( payloads, structures, antenna, solar array panels, propellant tanks, spacecraft module, sunshade door, thrusters, thermal protection, and others), platform (satellites, launch vehicles, and deep space probes and rovers), services (repair and maintenance, manufacturing, and design and modeling), manufacturing process (automated fiber placement, compression molding, additive manufacturing).
Key Questions Answered in the Report
• What are the underlying structures resulting in the emerging trends within the global advanced space composites market?
• What is the scope for new original equipment manufacturers (OEMs) and other players to enter the advanced space composites market?
• What are the driving and challenging factors attributing to the growth of the advanced space composites market?
• Which application and end user are expected to be leading the advanced space composites market by 2031?
• What was the market value of the regions in the advanced space composites market in 2020, and how is the market estimated to grow during the forecast period 2021-2031?
• What are the R&D initiatives and investment scenarios in the advanced space composites market?
• How is the advanced space composites industry expected to evolve during the forecast period 2021-2031?
• What are the key development strategies implemented by the key players to sustain the competitive market?
Report Summary
Global Advanced Space Composites Market
The several space programs and advancements in space research have been the primary focus of many developed and developing countries. The space activities provide the country with a broad scope of beneficial applications, including citizen development, mass communication, agriculture, economy, defense, scientific and medical research.
When the Apollo capsule was developed, the composites industry was still in its early stages, and the materials were not yet used widely in the space industry. The Apollo capsule used early composite technology in the form of an ablative heat shield made from Avcoat, an epoxy novolac resin with silica fibers in a fiberglass phenolic honeycomb matrix.
A fiberglass honeycomb was bonded to the primary structure, and the paste-like material was injected into each cell of Apollo’s primary structure individually. Since the development of Apollo, advanced composites have progressed and have played a significant role in space programs with use in launch vehicles, the space shuttle, satellites, space telescopes, and the International Space Station.
Global Advanced Space Composites Industry Overview
Advanced composites offer cost-effectiveness, high strength to weight ratio, multifunctionality, and various properties in terms of thermal insulation and ablation. High modulus carbon fiber reinforced laminates are one of the majorly used composites for many composite spacecraft applications. In human crew capsules, composite panels are used to provide the thermal protection system (TPS) required for vehicle re-entry. The temperature capability and low thermal expansion offer additional benefits by reducing the amount of TPS material required, which reduces the weight of the vehicle. Carbon fiber laminates are widely used on satellites and payload support structures. For instance, satellite bus structures are made using aluminum honeycomb sandwich panels with either carbon fiber or aluminum face sheets. Also, high-modulus, high-thermal conductivity carbon fiber laminates with low moisture absorption resins, typically cyanate ester, are always used for manufacturing optical benches and other spacecraft structures, which must sustain dimensional stability for accuracy. These advanced composites help in maintaining extreme dimensional stability over extreme temperature when the spacecraft is in space. Apart from this, RF reflectors and solar array substrates also use high-modulus carbon fiber laminates in order to achieve stiffness and dimensional stability.
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 major driving factors for the huge revenues generated by the companies are the growing satellite launches and deep space activities, along with the rising usage of commercial off-the-shelf components.
Market Segmentation
Global Advanced Space Composites Market by Components
The commercial end users are continuously working on developing efficient and cost-effective satellites as well as developing reusable launch vehicles. The structure component segment is expected to dominate the market during the forecast period 2021-2031. The factor contributing to this growth is the increased focus of the space companies to develop reusable launch vehicles and small launch vehicles (SLVs).
Global Advanced Space Composites Market by Region
North America is expected to dominate the global advanced space composites market during the forecast period. The factor attributing to the growth of this region is the presence of the key companies highly engaged in developing and providing advanced materials for space applications. Additionally, the continuous technology advancement by key players in the satellite industry is another factor contributing to the growth of the market. Apart from this, the region’s companies are in long-term relationships with space agencies and are engaged in programs that will propel the space sector.
Key Market Players
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
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
Similar Product
You may also like
Published Year: 2020
Global Metal 3D Printing Market: Focus on Type, Application, and Country Level Analysis – Analysis
The global metal 3D printing market accounted for $378.0 million in 2019 and is expected to be...
Published Year: 2018
Global Graphene-enhanced Composites Market - Analysis & Forecast, 2018-2023: Focus on Composite Type
The global graphene-enhanced composites market is expected to grow at a CAGR of 28.3% and...
Published Year: 2018
Global Continuous Fiber Composites Market - Analysis & Forecasts (2017-2022): Focus on Form (Woven F
The global continuous fibre composites market is expected to reach $3,448.4 million by 2022,...