Space In-Orbit Refueling Market - A Global and Regional Analysis: Focus on Application, End User, Ca
The global space in-orbit refueling market is estimated to reach $1,090.8 million by 2032 at a...
1.1 Industry Outlook
1.1.1 Global Cislunar Infrastructure Market: Overview
1.1.2 Ongoing and Upcoming Programs
188.8.131.52 NASA’s Lunar Orbital Platform-Gateway
184.108.40.206 ESA’s Moonlight Initiative
220.127.116.11 ULA Cislunar-1000
18.104.22.168 China National Space Administration’s (CNSA) International Lunar Research Station (ILRS)
22.214.171.124 CSA’s Lunar Exploration Accelerator Program (LEAP)
1.1.3 Startups and Investment Landscape
1.1.4 Supply Chain Analysis
1.1.5 Value Chain Analysis
1.2 Business Dynamics
1.2.1 Business Drivers
126.96.36.199 Demand for Lunar Resources
188.8.131.52 Strategic Importance of Cislunar Space
1.2.2 Business Challenges
184.108.40.206 Cislunar Regulations
220.127.116.11 Challenges in Energy Collection and Distribution for Cislunar Infrastructure Requirements
18.104.22.168 Constraints in International Partnership
1.2.3 Business Strategies
22.214.171.124 Mergers and Acquisitions
1.2.4 Corporate Strategies
126.96.36.199 Partnerships, Collaborations, Agreements, and Contracts
1.2.5 Business Opportunities
188.8.131.52 Need for Situational Awareness and Communications Infrastructure
184.108.40.206 Inter-Orbital Transportation and Cislunar Surface Transportation
220.127.116.11 Requirement for On-Orbit Servicing
2.1 Global Cislunar Infrastructure Market (by Technology)
2.1.1 Market Overview
18.104.22.168 Demand Analysis of the Global Cislunar Infrastructure Market (by Technology)
2.1.2 Propulsion Systems
2.1.3 Communication Systems (Relay Satellites)
2.1.4 Space Stations
2.1.5 In-Space Transportation Vehicles
3.1 Global Cislunar Infrastructure Market (by Region)
3.2 North America
22.214.171.124 Key Players in North America
126.96.36.199 Business Drivers
188.8.131.52 Business Challenges
184.108.40.206 North America Cislunar Infrastructure Market (by Technology)
3.2.3 North America (by Country)
220.127.116.11.1.1 Key Players in the U.S.
18.104.22.168.2.1 U.S. Cislunar Infrastructure Market (by Technology)
22.214.171.124.1.1 Key Players in Canada
126.96.36.199.2.1 Canada Cislunar Infrastructure Market (by Technology)
188.8.131.52 Key Players in Europe
184.108.40.206 Business Drivers
220.127.116.11 Business Challenges
18.104.22.168 Europe Cislunar Infrastructure Market (by Technology)
3.3.3 Europe (by Country)
22.214.171.124.1.1 Key Players in France
126.96.36.199.2.1 France Cislunar Infrastructure Market (by Technology)
188.8.131.52.1.1 Key Players in the U.K.
184.108.40.206.2.1 U.K. Cislunar Infrastructure Market (by Technology)
220.127.116.11.1.1 Key Players in the Rest-of-Europe
18.104.22.168.2.1 Rest-of-Europe Cislunar Infrastructure Market (by Technology)
22.214.171.124 Key Players in Asia-Pacific
126.96.36.199 Business Drivers
188.8.131.52 Business Challenges
184.108.40.206 Asia-Pacific Cislunar Infrastructure Market (by Technology)
3.4.3 Asia-Pacific (by Country)
220.127.116.11.1.1 Key Players in China
18.104.22.168.2.1 China Cislunar Infrastructure Market (by Technology)
22.214.171.124.1.1 Key Players in India
126.96.36.199.2.1 India Cislunar Infrastructure Market (by Technology)
188.8.131.52.1.1 Key Players in Japan
184.108.40.206.2.1 Japan Cislunar Infrastructure Market (by Technology)
220.127.116.11.1.1 Key Players in Rest-of-Asia-Pacific
18.104.22.168.2.1 Rest-of-Asia-Pacific Cislunar Infrastructure Market (by Technology)
22.214.171.124 Key Players in Rest-of-the-World
126.96.36.199 Business Drivers
188.8.131.52 Business Challenges
184.108.40.206 Rest-of-the-World Cislunar Infrastructure Market (by Technology)
3.5.3 Rest-of-the-World (by Region)
220.127.116.11 Middle East and Africa
18.104.22.168.1.1 Key Players in the Middle East and Africa
22.214.171.124.2.1 Middle East and Africa Cislunar Infrastructure Market (by Technology)
126.96.36.199 Latin America
188.8.131.52.1.1 Key Players in Latin America
184.108.40.206.2.1 Latin America Cislunar Infrastructure Market (by Technology)
4.1 Competitive Benchmarking
4.2 Key Player Profiles
5.1 Cislunar Communication Infrastructure Developers
5.1.1 Growth Opportunity: Cislunar Communication Systems
5.2 Cislunar Infrastructure Players and Associates
5.2.1 Growth Opportunity: Cislunar ISRU Opportunities and In-Space Manufacturing
5.3 Launch Vehicle Developers and In-Space Logistics Facilitators
5.3.1 Growth Opportunity: Facilitating elements in the cislunar stations and the in-space transportation and orbital services ecosystem.
6.1 Factors for Data Prediction and Modeling
Expert Insight on Cislunar Infrastructure Market
Table 1: Startups and Investments, January 2020-June 2023
Table 2: Category of Launchers and Lunar Lander Facilitators
Table 3: Launchers and Lunar Lander Facilitators Developments
Table 4: Category of In-Space Logistics Facilitators
Table 5: Category of Cislunar Communication Providers
Table 6: Mergers and Acquisitions, January 2020- June 2023
Table 7: Partnerships, Collaborations, Agreements, and Contracts, January 2020-June 2023
Table 8: Global Cislunar Infrastructure Market (by Region), $Billion, 2022-2033
Table 9: North America Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 10: U.S. Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 11: Canada Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 12: Europe Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 13: France Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 14: U.K. Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 15: Rest-of-Europe Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 16: Asia-Pacific Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 17: China Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 18: India Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 19: Japan Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 20: Rest-of-Asia-Pacific Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 21: Rest-of-the-World Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 22: Middle East and Africa Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 23: Latin America Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Table 24: Key Player Profiles
Figure 1: Global Cislunar Infrastructure Market, $Billion, 2022-2033
Figure 2: Global Cislunar Infrastructure Market (by Technology), $Billion, 2022 and 2033
Figure 3: Global Cislunar Infrastructure Market (by Region), $Billion, 2033
Figure 4: Global Cislunar Infrastructure Market Coverage
Figure 5: Supply Chain Analysis
Figure 6: Value Chain Analysis
Figure 7: Global Cislunar Infrastructure Market, Business Dynamics
Figure 8: Share of Key Market Developments, January 2020- June 2023
Figure 9: Global Cislunar Infrastructure Market (by Technology)
Figure 10: Global Cislunar Infrastructure Market (by Technology), $Billion, 2022-2033
Figure 11: Competitive Benchmarking
Figure 12: Research Methodology
Figure 13: Top-Down and Bottom-Up Approach
Figure 14: Assumptions and Limitations
Key Market Players and Competition Synopsis
In the global cislunar infrastructure market, established commercial players and legacy companies account for 65% of the market, and NewSpace Companies and Startups account for 35% of the market. The primordial established commercial players and legacy companies are SpaceX, Northrop Grumman, Blue Origin, United Launch Alliance (ULA), Lockheed Martin, and Thales Alenia Space. The primordial NewSpace companies and startups include Rocket Lab, Astrobotic, Momentus Space, Moon Express, and Space Machines Company, among others.
Some prominent names established in this market are:
• Blue Origin
• Northrop Grumman
• United Launch Alliance (ULA)
• The Exploration Company
• Momentus Space
• Crescent Space Services, LLC
• Moon Express
• Mission Control Space Services Inc.
Product/Innovation Strategy: The product segment helps the reader to understand the different types of solutions available for deployment and their potential globally. Moreover, the study provides the reader with a detailed understanding of the cislunar infrastructure market by technology, inclusive of the key developments in the respective segments globally.
Growth/Marketing Strategy: The cislunar infrastructure market has seen some major development by key players operating in the market, such as partnership, collaboration, and joint venture. The favored strategy for the collaboration between government space agencies and private players is primordially contracting the development and delivery of the key segments of the cislunar infrastructure ecosystem. For instance, in July 2021, NASA contracted Northrop Grumman to design, develop and deliver the Habitation and Logistics Outpost (HALO) module.
Methodology: The research methodology design adopted for this specific study includes a mix of data collected from primary and secondary data sources. Both primary resources (key players, market leaders, and in-house experts) and secondary research (a host of paid and unpaid databases), along with analytical tools, are employed to build the predictive and forecast models.
Data and validation have been taken into consideration from both primary sources as well as secondary sources.
Introduction to Cislunar Infrastructure
The cislunar infrastructure market is rapidly emerging as a critical sector within the space industry, driven by the increasing interest in lunar exploration and commercial activities beyond Earth's orbit. Cislunar space refers to the region between the Earth and the Moon, which presents unique challenges and opportunities for developing infrastructure to support various space missions and operations. The key market segments within the cislunar infrastructure market are propulsion systems, communication systems (relay satellites), space stations, and in-space transportation systems.
The propulsion system segment focuses on the development of advanced engines and propulsion technologies that enable efficient and reliable transportation within cislunar space. These systems are crucial for lunar landers, cargo missions, and crewed spacecraft to reach and maneuver in the vicinity of the Moon. Key areas of focus include high-thrust engines, electric propulsion systems, propellant transfer, storage systems, and innovative propulsion concepts aimed at reducing costs and improving mission capabilities.
The communication systems segment addresses the need for reliable and seamless communication networks in cislunar space. Relay satellites play a vital role in enabling continuous and high-bandwidth communication between Earth and lunar missions, facilitating data transmission, teleoperation, and real-time astronaut communication. Advanced communication systems with large data capacity, low latency, and robustness against deep space interference are critical to supporting the increasing complexity of lunar missions and future commercial activities.
The development of cislunar space stations presents a key market opportunity for supporting long-duration crewed missions and serving as a staging point for lunar surface exploration. These space stations provide living and working environments for astronauts, as well as necessary resources and infrastructure for scientific research, technology demonstrations, and lunar gateway operations. The space station segment includes modules for habitation, life support systems, research facilities, docking mechanisms, radiation shielding, and power generation capabilities.
In-space transportation systems are essential for ferrying payloads, equipment, and crew between Earth, the Moon, and other cislunar destinations. This market segment encompasses various transportation platforms, such as reusable lunar landers, lunar ascent vehicles, cargo spacecraft, and crewed vehicles designed to withstand the harsh lunar environment. Efficient transportation systems that offer affordability, reliability, and reusability are critical to support a sustainable and economically viable cislunar infrastructure.
The cislunar infrastructure market has emerged as a pivotal sector within the space industry, encompassing a vast array of technological advancements and compelling commercial opportunities. Cislunar space, the region situated between the Earth and the Moon, holds tremendous potential for a diverse range of activities, including scientific research, space tourism, satellite deployment, resource extraction, and acting as a gateway for deep space exploration missions.
The development of the cislunar infrastructure market relies on five key factors for its successful commercial materialization, i.e., propulsion systems, communication systems, space stations, in-space transportation systems, and resource utilization. These factors collectively shape the market's business models and determine the systems' adoption in the cislunar space region. Among these factors, significant advancements have been made in propulsion systems and communication systems, with numerous companies investing in the development and validation of these technologies. However, for the sector to thrive, substantial progress is needed in the areas of space stations, in-space transportation systems, and resource utilization. These segments are crucial for enabling sustainable human presence, long-duration missions, and utilization of lunar resources beyond Earth's orbit. The growth of the cislunar infrastructure market is driven by the increasing interest from space agencies, private companies, and international collaborations in establishing a robust and sustainable cislunar ecosystem. The market has witnessed significant developments in recent years, fuelled by advancements in propulsion technologies and enhanced reliability of reusable launch vehicles. The need for reliable communication systems and the increasing demand for in-space transportation solutions are the key problems currently being addressed by key players. The development of cislunar infrastructure, including habitats, lunar landers, and resource extraction systems, is essential to support long-term lunar missions, scientific exploration, and potential future endeavors to other celestial bodies. This infrastructure is designed to meet the unique challenges and requirements of the cislunar environment, enabling safe and efficient operations, resource utilization, and integration with existing space assets and networks.
Segmentation 1: by Technology
• Propulsion Systems
• Communication Systems (Relay Satellites)
• Space Stations
• In-Space Transportation Vehicles
Communication Systems (Relay Satellites) to Dominate as the Leading Technology Segment
The cislunar infrastructure market is led by the communication systems segment, with a 46.78% share in 2023. The communication systems segment is the leading segment in the cislunar infrastructure market due to its pivotal role in enabling connectivity between the Earth, Moon, and deep space destinations. These advanced systems enable seamless data transmission, command and control operations, and real-time exchange of scientific and operational information within the cislunar domain. The continuous evolution of communication technologies in this sector is driving unprecedented advancements in data rates, signal quality, and operational capabilities.
Communication systems primarily encompass relay satellites, which play a pivotal role in establishing reliable and high-bandwidth communication links across vast distances. These satellites serve as intermediaries, receiving signals from Earth-based stations and transmitting them to spacecraft or lunar surface installations, ensuring constant connectivity for various mission requirements. These satellites are strategically positioned in space, in orbits such as geostationary orbit (GEO) or highly elliptical orbits (HEOs), to optimize coverage and minimize signal propagation delays.
Segmentation 2: by Region
• North America
Europe is the highest-growing market among all the regions registering a CAGR of 12.80%. Europe is anticipated to gain traction in terms of cislunar infrastructure developments owing to the presence of a large number of cislunar infrastructure players and multiple international collaborations. Europe Space Agency (ESA) is a key collaborative partner in all the major cislunar infrastructure developments, including NASA’s Artemis program, Roscosmos’s Luna program, and China’s International Lunar Research Station (ILRS) program.
In Europe, Rest-of-Europe is having the highest growth in the cislunar infrastructure market. The Rest-of-Europe market is anticipated to grow at a CAGR of 13.18%. The rest-of-Europe market primordially includes Germany, Russia, Luxembourg, Italy, and the Netherlands.
Recent Developments in the Global Cislunar Infrastructure Market
• In May 2023, Blue Origin won a $3.4 billion contract from NASA for its Artemis program to develop and deliver its Blue Moon lunar lander as a second lander option for the Artemis lunar missions.
• In May 2023, the Exploration Company received a contract from the European Space Agency (ESA) to examine potential approaches for a future European spacecraft, both non-reusable and reusable systems, encompassing a wide range of applications including micro-mini classes, medium class, heavy class, and crewed missions.
• In November 2022, Advanced Space, LLC won a $72 million contract from the U.S. Air Force Research Laboratory (AFRL) to develop an experimental spacecraft for cislunar operations. Formerly known as the Cislunar Highway Patrol System (CHPS), the Oracle spacecraft will be launched in 2025 and will conduct two years of Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE).
• In July 2021, Northrop Grumman received two contracts worth $1.1 billion from NASA for the design, development, and delivery of the Habitation and Logistics Outpost (HALO) module, which is to be incorporated in the Lunar Gateway by November 2024.
• In April 2021, SpaceX received a $2.9 billion contract from NASA under its Artemis program to develop and deliver its starship (lunar variant) as the primary lunar lander of the Artemis missions.
Demand – Drivers, Challenges, and Opportunities
Market Demand Drivers: Strategic Importance of the Cislunar Space
The strategic importance of cislunar space is growing exponentially as countries and companies increasingly seek to establish a permanent presence on the Moon. Alongside the prospects of lunar colonization, national security concerns related to cislunar space are emerging. Moreover, specific locations within cislunar space, such as the Lagrange points, play a strategic and economic role. The strategic importance of cislunar space is primarily based on its potential for human exploration and resource utilization. Cislunar space also offers strategic advantages in terms of space surveillance, monitoring, and defense. With the deployment of satellites and space-based assets in this region, nations can enhance their space situational awareness, monitor activities on Earth and in outer space, and ensure the security of critical communication and navigation systems.
Market Challenges: Cislunar Regulations
Cislunar regulations are a complex and pressing issue that demands careful consideration and deliberation. At present, there is a dearth of international laws and regulations specifically tailored to govern activities in cislunar space and on the Moon. This regulatory gap raises concerns about the need to protect these domains and coordinate actions to prevent accidents or conflicts. While near-Earth orbits already grapple with sustainability issues and the proliferation of space debris, the absence of clear regulations for cislunar space exacerbates the risk of replicating unsustainable patterns experienced in low Earth Orbit (LEO), medium Earth orbit (MEO), and geostationary Earth orbit (GEO). A key issue in the cislunar regulations is the need for a clear and technically informed definition of cislunar space. While the lack of a precise definition may not be a major concern currently, given the nascent stage of cislunar capabilities, it becomes crucial as commercial and national entities increasingly utilize this region.
Market Opportunities: Need for Situational Awareness and Communications Infrastructure
Situational awareness and a well-established communications infrastructure are critical prerequisites for addressing the complex challenges inherent in lunar exploration. With the proliferation of lunar missions and activities, nations engaged in lunar exploration will require a more robust infrastructure to fully comprehend the cislunar environment and establish consistent and reliable communication with assets in lunar orbit or on the Moon's surface.
Nilopal Ojha, Principal Analyst, BIS Research, states, “The rising demand for cislunar infrastructure technologies, namely, nuclear propulsion, relay satellites, space station, and in-space technology, for supporting cislunar space missions is forcing the key stakeholders to develop products with advanced technologies. Moreover, the continuous efforts of the space agencies as well as the leading space companies are expected to drive the market”.
The key trends in the global cislunar infrastructure market are:
Increasing Need for Inter-Orbital Transportation: The increasing demand for cislunar transportation will create opportunities for companies specializing in in-space logistics and supply chain management. The efficient movement of payloads, resources, and personnel between different orbits and celestial bodies will require sophisticated logistical solutions, including orbital depots, propellant transfer systems, and robotic servicing capabilities. Startups that can provide novel approaches to these challenges will find themselves at the forefront of the burgeoning cislunar logistics sector.
Need for Communication/Navigation Infrastructure: The emergence of the comprehensive space situational awareness and communications infrastructure presents promising business opportunities for cislunar companies and startups. These NewSpace companies in the cislunar domain can contribute by providing innovative solutions and technologies intended for cislunar systems, which can potentially be scaled for use in several domains, including terrestrial applications.
The global cislunar infrastructure market is witnessing the development of major key players such as SpaceX, Blue Origin, Northrop Grumman, and Astrobotic, which are capable of providing various elements of the cislunar infrastructure ecosystem. Key players are targeting the diverse market via contracts, agreements, and partnerships for facilitating the development and deployment of these complex space systems.
The following can be seen as some of the USPs of the report:
• Unique title capturing the cislunar infrastructure market
• A dedicated section on growth opportunities and recommendations
• A qualitative and quantitative analysis of the cislunar infrastructure market based on programs and products
• Quantitative analysis of the product sub-segment, which includes:
o Propulsion Systems
o Communication Systems (Relay Satellites)
o Space Stations
o In-Space Transportation Vehicles
• A detailed company profile comprising established players and some startups
Companies facilitating the development of cislunar infrastructure, which includes launch vehicle developers, space systems developers, in-space logistics players, and NewSpace startups, are the primary target audience. Additionally, investors and venture capitalists potentially pursuing the space sector as a part of their investment thesis should also buy this report to get insights about the emerging cislunar infrastructure demand and how they could benefit from it.
The global space in-orbit refueling market is estimated to reach $1,090.8 million by 2032 at a...