As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Market Overview
A spacesuit is garment worn by astronauts to defend from extreme environment in the space. It maintains exact air pressure and the atmospheric environment for the respiration and protects astronauts from sun’s UV rays. In space, damaging radiations can affect human body and can cause hypothermia and the heat strokes. Though traveling in adverse weather conditions where oxygen level is low, suits play vital role. The suit materials composed of the aluminized mylar, ortho-fabric, neoprene-coated nylon, stainless steel, urethane-coated nylon, and high-strength composite materials.
Growing need for the highly maneuverable fighter aircraft, increase in the budget allocated for the missile programs, growing in the space research programs and rising use of satellites to deliver information are some of major factor boosting market for global Space Suit market. Though, some of major factor restraining market for Space Suit are high complexity in these Suit technology among others.
Segment Overview
Based on application, market is segmented into missiles, satellites, launch vehicles and the fighter aircraft. Among numerous application, in 2019, fighter aircraft is likely to dominate market for Space Suit followed by the satellites and expected to be same during forecast period of 2020 – 2026. The increase in acquisition of fight aircraft in the developing countries such as China and India among others is one of major factor increasing the demand of the fighter aircrafts segment in market.
Based on system, market is segmented into the wide thrust vector injection system, thrust vector thruster system and thrust vector actuation system. In 2019, thrust vector actuation system is likely to be the largest market followed by the wide thrust vector injection system. Growing demand for the thrust vector actuation system in the defense sector is one of major factor boosting market for the Space Suit in coming years.
Regional Overview
The geographical split of market includes North America, Europe, Latin Asia-Pacific, America and Middle East & Africa. In 2019, North America is expected to be key market followed by Europe. The U.S. is projected to be key market of North America as well as internationally. Upsurge in number of the satellite launches and launch in the vehicles is one of major factor boosting market for Space Suit market. Growing spending on space investigation programs is another key factor boosting market in North America region. Europe is anticipated to follow the North America. U.K. and Germany is anticipated to be key market for Space Suit market in the Europe. Asia Pacific is anticipated to grow at high CAGR for forecast period of 2020 – 2026.
China is probable to be major market for Space Suit in Asia Pacific. Additionally, India is anticipated to grow at high CAGR in Asia Pacific region. Aspects such as upsurge in production of the missiles and development programs and augmented need for the super-maneuverable fighter aircraft amongst others are boosting the market for Space Suit in India and whole Asia Pacific. However, growing trend of recycling launch boosters and the vehicles is acting as restraining factor for Space Suit market in Asia Pacific. Middle East and Africa is estimated to grow at health rate for forecast period. UAE and Saudi Arabia is predictable to be major market for Space Suit in Middle East & Africa region.
Competitor overview
The space suits market is considerably consolidated with presence of limited number of sellers and buyers, where National Aeronautics & Space Administration (NASA) is major end-user. Some of prominent players in astronaut space suit market are the Final Frontier Design, Collins Aerospace, The Boeing Company, NPP Zvezda and David Clark Company. Space organizations, as well as manufacturing companies, are emerging new spacesuits for astronauts with the advanced materials, better communications systems, and the enhanced mobility. The rising demand for the human space exploration programs is anticipated to help companies increase their global presence in coming years.
Key Players
- Honeywell International, Inc.
- Moog, Inc.
- Woodward, Inc.
- Jansen Aircraft Systems Control, Inc.
- BAE Systems
- Wickman Spacecraft & Propulsion Company
- Parker Hannifin, Inc.
- Sierra Nevada Corporation
- Dynetics, Inc.
- SABCA
Market Segmentation
By Type
- IVA
- EVA
- Satellites
- Missiles
- Launch Vehicles
- Fighter Aircraft
- Wide Thrust Vector Injection System
- Thrust Vector Actuation System
- Thrust Vector Thruster System
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Spacesuit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Portable Spacesuit
- 5.2.2. Installed Spacesuit
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Commercial
- 5.3.2. Military
- 5.3.3. Personal
- 5.3.4. Air Transport
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Spacesuit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Portable Spacesuit
- 6.2.2. Installed Spacesuit
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Commercial
- 6.3.2. Military
- 6.3.3. Personal
- 6.3.4. Air Transport
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Spacesuit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Portable Spacesuit
- 7.2.2. Installed Spacesuit
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Commercial
- 7.3.2. Military
- 7.3.3. Personal
- 7.3.4. Air Transport
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Spacesuit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Portable Spacesuit
- 8.2.2. Installed Spacesuit
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Commercial
- 8.3.2. Military
- 8.3.3. Personal
- 8.3.4. Air Transport
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Spacesuit Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Portable Spacesuit
- 9.2.2. Installed Spacesuit
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Commercial
- 9.3.2. Military
- 9.3.3. Personal
- 9.3.4. Air Transport
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. ROCKWELL COLLINS
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. International Flight Support (IFS)
- 10.6. Airbus SE
- 10.7. Lufthansa Systems
- 10.8. The Boeing Company
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
