Description
Introduction to Advanced Space Composites Market
The advanced space composites market is swiftly gaining prominence as a pivotal sector within the aerospace industry, driven by the escalating demand for lightweight and high-strength materials to revolutionize space exploration and satellite technologies. Composites are materials composed of distinct elements combined to achieve superior mechanical, thermal, and structural properties, offering unprecedented opportunities to enhance the efficiency and capabilities of spaceborne systems.
Within this market, various segments stand out, each contributing to the transformation of space technologies through the innovative use of advanced composites. Satellite structures and components represent a critical sector where composites play a pivotal role in constructing lightweight yet robust frameworks that withstand the rigors of launch, vacuum conditions, and thermal extremes. These materials enable the development of larger and more complex satellites, accommodating advanced payloads and expanding communication, Earth observation, and scientific capabilities.
Composite materials find extensive application in the fabrication of rocket structures, contributing to weight reduction, enhanced fuel efficiency, and improved overall performance. This segment encompasses composite fairings, interstage, and even propellant tanks, where high-strength, low-weight materials are essential to facilitate cost-effective and reliable access to space.
Advanced propulsion systems constitute a significant segment focusing on harnessing the benefits of composites to create high-performance, lightweight propulsion components. From nozzle assemblies to tanks for liquid propellants, composite materials offer the strength-to-weight ratio necessary for achieving efficient thrust and maneuverability while ensuring the structural integrity required for space missions spanning from Earth’s orbit to interplanetary travel.
The realm of space habitat construction and interplanetary exploration also sees the integration of advanced composites to design and fabricate durable systems for extended missions in lunar and interplanetary scope. These materials provide protection against radiation, micrometeoroid impacts, and temperature fluctuations while allowing for modular construction and adaptability to different planetary environments.
The advanced space composites market stands as a driving force behind the transformation of space technologies, offering an array of materials and fabrication techniques that challenge traditional aerospace paradigms. As humanity ventures further into the cosmos, the integration of advanced composites is poised to redefine the limits of what can be achieved in space exploration, satellite deployment, and realization of ambitious interplanetary endeavors.
Market Introduction
Advanced composites offer cost-effectiveness, ease of processability, high strength-to-weight ratio, multifunctionality, and diverse properties in terms of thermal insulation and ablation. High-modulus carbon fiber reinforced laminates are one of the major uses 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 temperatures when the spacecraft is in space.
Apart from this, radio frequency (RF) reflectors and solar array substrates also use high-modulus carbon fiber laminates in order to achieve stiffness and dimensional stability.
There are several factors that contribute to the growth of the advanced space composites market. Technologies such as reusable launch vehicle systems, on-orbit manufacturing technologies, and upcoming space stations and habitats have the potential to further the use of advanced composites for space applications.
The companies operating in the advanced space composites market are highly engaged in research and development initiatives and have been investing in developing new innovative technologies that would enhance space systems. The convergence of visionary space agencies, pioneering private enterprises, and international partnerships underscores the momentum propelling the growth of the advanced space composites market.
Advancements in materials science, coupled with enhanced launch vehicle performance and reduced mission costs, have fuelled the market’s expansion, with emphasis placed on solving challenges pertaining to structural integration and lifecycle sustainability.
The market’s trajectory hinges on the resolution of these factors as the space industry increasingly seeks to capitalize on the transformative potential of advanced composites.
Market Segmentation:
Segmentation 1: by Platform
• Satellites
• Launch Vehicles
• Deep Space Probes and Rovers
Launch Vehicles to Dominate as the Leading Platform Segment
The advanced space composites market’s platform segment is led by the launch segment, with a 40.25% share in 2023. The application of advanced composite materials in launch vehicles has brought significant advancements, offering numerous benefits, including weight reduction, increased payload capacity, improved structural integrity, enhanced fuel efficiency, and enhanced performance. Launch vehicle manufacturers are now focusing on designing and developing smaller, less complex, reusable, and cost-efficient launch vehicles, which are facilitated by the growth of small satellites. However, with the rise in satellite launches in the past few years and the expected small satellite mega constellation in the next decade, it is anticipated that the satellites segment will register the highest growth during the forecast period 2023-2033. The satellites segment is expected to grow at the highest CAGR of 12.24% during the forecast period.
Segmentation 2: by Component
• Payloads
• Structures
• Antenna
• Solar Array Panels
• Propellent Tanks
• Spacecraft Module
• Sunshade Door
• Thrusters
• Thermal Protection
Structures Segment to Dominate the Global Advanced Space Composites Market (by Component)
The structures segment is expected to dominate the market during the forecast period from 2023 to 2033. The factor contributing to this growth is the increased focus of space companies to develop reusable launch vehicles as well as small launch vehicles (SLVs).
Segmentation 3: by Material
• Carbon Fiber
• Glass Fiber
• Thermoset
• Thermoplastic
• Nanomaterials
• Ceramic Matrix Composites (CMC) and Metal Matrix Composites (MMC)
• Others
Carbon Fiber Segment to Lead the Global Advanced Space Composites Market (by Material)
The advanced space composites market’s material segment is led by carbon fiber, with a 31.1% share in 2023. Carbon fiber composites have been used by the space industry for several decades and are continuously being used for several space applications, including launch vehicles, satellites, experimental systems, suborbital vehicles, and deep space probes. Recent advancements in carbon fiber manufacturing techniques have enhanced its flexibility, resulting in the introduction of novel carbon fiber types with improved modulus and strength tailored for space system applications.
Segmentation 4: by Manufacturing Process
• Automated Fiber Placement (ATL/AFP)
• Compression Molding
• Additive Manufacturing
• Others
Segmentation 5: by Service
• Repair and Maintenance
• Manufacturing
• Design and Modeling
Segmentation 6: by Region
• North America
• Europe
• Asia-Pacific
• Rest-of-the-World
Europe is the highest-growing market among all the regions, registering a CAGR of 13.09%. European countries are known for their expertise in space research and development, with multiple renowned space agencies, primordially the European Space Agency (ESA), playing a pivotal role in space exploration and technology development. These agencies collaborate with industry-leading companies, research institutions, and universities to drive innovation and push the boundaries of advanced space composites’ performance. The European Space Agency (ESA) introduced the SpaceCarbon project under the Horizon 2020 Programme. This project’s objective is to develop Europe-based carbon fibers (CF) and pre-impregnated materials for launchers and satellite applications.
Recent Developments in the Global Advanced Space Composites Market
• In July 2023, Orbital Composites won a $1.7 million contract from the U.S. Space Force to develop its technological capabilities to facilitate in-orbit manufacturing of satellite antennas.
• In June 2023, Beyond Gravity won a contract from ESA to develop the payload fairing for the Ariane 6 launch vehicle. The payload fairing is 14 meters and 20 meters tall for the respective variants of the launch vehicle and will have a standard diameter of 5.4 meters.
• In November 2022, MT Aerospace AG won a $33.5 million contract from ESA for developing demonstrator systems made of carbon fiber-reinforced polymer (CFRP) for the Prototype for a Highly OptimizEd Black Upper Stage (PHOEBUS) project, which would be incorporated in the Innovative Carbon Ariane Upper Stage (ICARUS) of the Ariane 6 family of launch vehicles.
• In October 2022, Beyond Gravity won a contract to supply 38 payload fairings for ULA’s Vulcan rockets, which would be used to launch the satellites of Amazon’s project Kuiper.
• In March 2022, Beyond Gravity and Amazon announced a partnership to develop and manufacture customized composite satellite dispenser systems for Project Kuiper. The project aims to establish a low Earth orbit (LEO) constellation comprising 3,236 satellites.
Demand – Drivers, Challenges, and Opportunities
Market Demand Drivers:
The surging number of satellite launches and the increasing scope of deep space activities is driving the requirements for advanced space composites. The advanced space composites industry stands poised for significant expansion. Companies specializing in advanced composites, equipped with deep expertise in composite manufacturing processes, material development, and structural design, are strategically positioned to capture the array of opportunities that this burgeoning market segment has. By delivering cutting-edge composite solutions tailored to the specific needs of space missions, these companies can propel technological advancements, elevate mission capabilities, and actively contribute to the advancement of space exploration.
Market Challenges:
The high cost associated with space composites poses a significant business challenge for the advanced space composites industry. While these materials offer exceptional performance and unique properties necessary for space applications, their production, development, and implementation can be prohibitively expensive. One of the primary contributors to the high cost of space composites is the intricate manufacturing process. Advanced space composites often require specialized manufacturing techniques, such as filament winding, autoclave curing, or additive manufacturing with high-performance polymers or carbon fibers. These techniques involve complex machinery, precise control of environmental conditions, and skilled labor, all of which contribute to elevated production costs. Additionally, the stringent quality control and testing requirements for space-grade composites further increase expenses. These factors also add inflexibility for rapid component development in hardware-rich approaches.
Market Opportunities:
Manufacturing complex composite structures using conventional methods presents significant challenges in terms of difficulty and time consumption. However, additive manufacturing offers a solution by enabling precise layer-by-layer deposition of composite materials, allowing for the creation of geometrically complex and specialized structures. This innovative technology enables the fabrication of internal features and graded material compositions that are otherwise difficult or impossible to achieve using traditional subtractive manufacturing techniques. The field of additive manufacturing for composites has seen notable advancements, including the utilization of novel feedstock materials such as continuous fibers, nanoparticles, and functional fillers, which enhance the mechanical, thermal, and electrical properties of printed composites. Furthermore, the development of hetero-material and differential method printing capabilities has expanded the design possibilities and performance of composite materials for space applications.
How can this report add value to an organization?
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 advanced space composites market by technology, inclusive of the key developments in the respective segments globally.
Growth/Marketing Strategy: The advanced space composites 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 advanced materials and specialized composite components for space system applications. For instance, in June 2023, ESA contracted Beyond Gravity to fabricate and deliver the payload fairing for the Ariane 6 launch vehicle in two configurations.
Competitive Strategy: Key players in the advanced space composites market have been analyzed and profiled in the study, inclusive of major segmentations and service offerings companies provide in the technology segments, respectively. Moreover, a detailed competitive benchmarking of the players operating in the advanced space composites market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the revenue pockets in the market.
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.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights that are gathered from primary experts.
In the global advanced space composites market, established commercial players and legacy companies account for 65% of the market, and small-scale players and startups account for 35% of the market. The primordial established commercial players and legacy companies are Toray Advanced Composites, Beyond Gravity, Hexcel Corporation, Airborne, and MT Aerospace AG, among others. The primordial small-scale players and startups include Orbital Composites, ST Advanced Composites Pvt Ltd., Scorpius Space Launch Company (SSLC), and Infinite Composite Technologies, among others.
Key Companies Profiled:
• Airborne
• Beyond Gravity
• CRP Technology S.r.l
• EURO-COMPOSITES
• Hanwha Cimarron
• Hexcel Corporation
• MT Aerospace AG
• Opterus Research and Development
• Rock West Composites, Inc.
• Teijin Limited
• Toray Advanced Composites
Table of Contents
1 Markets
1.1 Industry Outlook
1.1.1 Advanced Space Composites Market: Overview
1.1.2 Futuristic Trends on Space Composites
1.1.2.1 Nanocomposites and Hybrid Materials
1.1.2.2 Thermally Resistant Materials for Space Applications
1.1.2.3 Self-Healing Composites for Space Applications
1.1.2.4 Metal Matrix Composites for Space Applications
1.1.2.5 Bio-Composites for Space Applications
1.1.3 Startups and Investment Landscape
1.1.4 Key Composite Suppliers and Platforms
1.1.5 Supply Chain Analysis
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Growing Satellite Launches and Deep Space Activity
1.2.1.2 Development of Reusable Launch Systems (Orbital and Suborbital)
1.2.2 Business Challenges
1.2.2.1 High Cost Associated with Space Composites
1.2.3 Business Opportunities
1.2.3.1 Advancements in Additive Manufacturing of Composites for Space Applications
1.2.3.2 Use of Composites in In-Space Transportation Systems
1.2.4 Business Strategies
1.2.4.1 Partnerships, Collaborations, Agreements, and Contracts
1.2.4.2 Others
2 Application
2.1 Global Advanced Space Composites Market (by Platform)
2.1.1 Market Overview
2.1.1.1 Demand Analysis of Global Advanced Space Composites Market (by Platform)
2.1.2 Satellites
2.1.2.1 Demand Analysis of Global Advanced Space Composites Market (by Satellites)
2.1.2.2 Small Satellites (0-500 Kg)
2.1.2.3 Medium Satellites (501-1,000 Kg)
2.1.2.4 Large Satellites (Above 1,000 Kg)
2.1.3 Launch Vehicles
2.1.3.1 Demand Analysis of Global Advanced Space Composites Market (by Launch Vehicle
2.1.3.2 Small- and Medium-Lift Launch Vehicles
2.1.3.3 Heavy- and Super-Heavy Lift Launch Vehicles
2.1.4 Deep Space Probes and Rovers
2.2 Global Advanced Space Composites Market (by Component)
2.2.1 Market Overview
2.2.1.1 Demand Analysis of Global Advanced Space Composites Market (by Component)
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
3 Product
3.1 Global Advanced Space Composites Market (by Material)
3.1.1 Market Overview
3.1.1.1 Demand Analysis of Global Advanced Space Composites Market (by Material)
3.1.2 Fiber Types
3.1.2.1 Carbon Fiber
3.1.2.1.1 Carbon Fiber (by Raw Material)
3.1.2.1.1.1 Pitch and PAN-based
3.1.2.1.2 Carbon Fiber (by Tensile Modulus)
3.1.2.1.2.1 High-Modulus and Ultrahigh Modulus
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
3.2.1.1 Demand Analysis of Global Advanced Space Composites Market (by Manufacturing Process)
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 Market Overview
3.3.1.1 Demand Analysis of Global Advanced Space Composites Market (by Service)
3.3.2 Repair and Maintenance
3.3.3 Manufacturing
3.3.4 Design and Modeling
4 Region
4.1 Global Advanced Space Composites Market (by Region)
4.2 North America
4.2.1 Market
4.2.1.1 Key Players in North America
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Application
4.2.2.1 North America Advanced Space Composites Market (by Platform)
4.2.2.2 North America Advanced Space Composites Market (by Component)
4.2.3 Product
4.2.3.1 North America Advanced Space Composites Market (by Material)
4.2.3.2 North America Advanced Space Composites Market (by Manufacturing Process)
4.2.4 North America (by Country)
4.2.4.1 U.S.
4.2.4.1.1 Market
4.2.4.1.1.1 Key Players in the U.S.
4.2.4.1.2 Application
4.2.4.1.2.1 U.S. Advanced Space Composites Market (by Platform)
4.2.4.1.3 Product
4.2.4.1.3.1 U.S. Advanced Space Composites Market (by Material)
4.2.4.2 Canada
4.2.4.2.1 Market
4.2.4.2.1.1 Key Players in Canada
4.2.4.2.2 Application
4.2.4.2.2.1 Canada Advanced Space Composites Market (by Platform)
4.2.4.2.3 Product
4.2.4.2.3.1 Canada Advanced Space Composites Market (by Material)
4.3 Europe
4.3.1 Market
4.3.1.1 Key Players in Europe
4.3.1.2 Business Drivers
4.3.1.3 Business Challenges
4.3.2 Application
4.3.2.1 Europe Advanced Space Composites Market (by Platform)
4.3.2.2 Europe Advanced Space Composites Market (by Component)
4.3.3 Product
4.3.3.1 Europe Advanced Space Composites Market (by Material)
4.3.3.2 Europe Advanced Space Composites Market (by Manufacturing Process)
4.3.4 Europe (by Country)
4.3.4.1 U.K.
4.3.4.1.1 Market
4.3.4.1.1.1 Key Players in U.K.
4.3.4.1.2 Application
4.3.4.1.2.1 U.K. Advanced Space Composites Market (by Platform)
4.3.4.1.3 Product
4.3.4.1.3.1 U.K. Advanced Space Composites Market (by Material)
4.3.4.2 Germany
4.3.4.2.1 Market
4.3.4.2.1.1 Key Players in Germany
4.3.4.2.2 Application
4.3.4.2.2.1 Germany Advanced Space Composites Market (by Platform)
4.3.4.2.3 Product
4.3.4.2.3.1 Germany Advanced Space Composites Market (by Material)
4.3.4.3 France
4.3.4.3.1 Market
4.3.4.3.1.1 Key Players in France
4.3.4.3.2 Application
4.3.4.3.2.1 France Advanced Space Composites Market (by Platform)
4.3.4.3.3 Product
4.3.4.3.3.1 France Advanced Space Composites Market (by Material)
4.3.4.4 Rest-of-Europe
4.3.4.4.1 Application
4.3.4.4.1.1 Rest-of-Europe Advanced Space Composites Market (by Platform)
4.3.4.4.2 Product
4.3.4.4.2.1 Rest-of-Europe Advanced Space Composites Market (by Material)
4.4 Asia-Pacific
4.4.1 Market
4.4.1.1 Key Players in Asia-Pacific
4.4.1.2 Business Driver
4.4.1.3 Business Challenge
4.4.2 Application
4.4.2.1 Asia-Pacific Advanced Space Composites Market (by Platform)
4.4.2.2 Asia-Pacific Advanced Space Composites Market (by Component)
4.4.3 Product
4.4.3.1 Asia-Pacific Advanced Space Composites Market (by Material)
4.4.3.2 Asia-Pacific Advanced Space Composites Market (by Manufacturing Process)
4.4.4 Asia-Pacific (by Country)
4.4.4.1 China
4.4.4.1.1 Market
4.4.4.1.1.1 Key Players in China
4.4.4.1.2 Application
4.4.4.1.2.1 China Advanced Space Composites Market (by Platform)
4.4.4.1.3 Product
4.4.4.1.3.1 China Advanced Space Composites Market (by Material)
4.4.4.2 Japan
4.4.4.2.1 Market
4.4.4.2.1.1 Key Players in Japan
4.4.4.2.2 Application
4.4.4.2.2.1 Japan Advanced Space Composites Market (by Platform)
4.4.4.2.3 Product
4.4.4.2.3.1 Japan Advanced Space Composites Market (by Material)
4.4.4.3 India
4.4.4.3.1 Market
4.4.4.3.1.1 Key Players in India
4.4.4.3.2 Application
4.4.4.3.2.1 India Advanced Space Composites Market (by Platform)
4.4.4.3.3 Product
4.4.4.3.3.1 India Advanced Space Composites Market (by Material)
4.4.4.4 Rest-of-Asia-Pacific
4.4.4.4.1 Application
4.4.4.4.1.1 Rest-of-Asia-Pacific Advanced Space Composites Market (by Platform)
4.4.4.4.2 Product
4.4.4.4.2.1 Rest-of-Asia-Pacific Advanced Space Composites Market (by Material)
4.5 Rest-of-the-World
4.5.1 Market
4.5.1.1 Key Players in Rest-of-the-World
4.5.1.2 Business Driver
4.5.1.3 Business Challenge
4.5.2 Application
4.5.2.1 Rest-of-the-World Advanced Space Composites Market (by Platform)
4.5.2.2 Rest-of-the-World Advanced Space Composites Market (by Component)
4.5.3 Product
4.5.3.1 Rest-of-the-World Advanced Space Composites Market (by Material)
4.5.3.2 Rest-of-the-World Advanced Space Composites Market (by Manufacturing Process)
4.5.4 Rest-of-the-World (by Country)
4.5.4.1 Brazil
4.5.4.1.1 Market
4.5.4.1.1.1 Key Players in Brazil
4.5.4.1.2 Application
4.5.4.1.2.1 Brazil Advanced Space Composites Market (by Platform)
4.5.4.1.3 Product
4.5.4.1.3.1 Brazil Advanced Space Composites Market (by Material)
4.5.4.2 U.A.E.
4.5.4.3 Market
4.5.4.3.1 Key Players in U.A.E.
4.5.4.3.2 Application
4.5.4.3.2.1 U.A.E. Advanced Space Composites Market (by Platform)
4.5.4.3.3 Product
4.5.4.3.3.1 U.A.E. Advanced Space Composites Market (by Material)
5 Competitive Benchmarking and Company Profiles
5.1 Competitive Benchmarking
5.2 Company Profiles
5.2.1 Airborne
5.2.1.1 Company Overview
5.2.1.1.1 Role of Airborne in the Advanced Space Composites Market
5.2.1.1.2 Customers
5.2.1.1.3 Product Portfolio
5.2.1.2 Business Strategies
5.2.1.2.1 Market Developments
5.2.1.3 Corporate Strategies
5.2.1.3.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.1.4 Analyst View
5.2.2 Beyond Gravity
5.2.2.1 Company Overview
5.2.2.1.1 Role of Beyond Gravity in the Advanced Space Composites Market
5.2.2.1.2 Customers
5.2.2.1.3 Product Portfolio
5.2.2.2 Corporate Strategies
5.2.2.2.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.2.3 Analyst View
5.2.3 CRP Technology S.r.l
5.2.3.1 Company Overview
5.2.3.1.1 Role of CRP Technology S.r.l in the Advanced Spaces Composites Market
5.2.3.1.2 Customers
5.2.3.1.3 Product Portfolio
5.2.3.2 Business Strategies
5.2.3.2.1 Market Developments
5.2.3.3 Analyst View
5.2.4 EURO-COMPOSITES
5.2.4.1 Company Overview
5.2.4.1.1 Role of EURO-COMPOSITES in the Advanced Space Composites Market
5.2.4.1.2 Customers
5.2.4.1.3 Product Portfolio
5.2.4.2 Corporate Strategies
5.2.4.2.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.4.3 Analyst View
5.2.5 Hanwha Cimarron
5.2.5.1 Company Overview
5.2.5.1.1 Role of Hanwha Cimarron in the Advanced Space Composites Market
5.2.5.1.2 Customers
5.2.5.1.3 Product Portfolio
5.2.5.2 Business Strategies
5.2.5.2.1 Market Developments
5.2.5.3 Analyst View
5.2.6 Hexcel Corporation
5.2.6.1 Company Overview
5.2.6.1.1 Role of Hexcel Corporation in the Advanced Space Composites Market
5.2.6.1.2 Customers
5.2.6.1.3 Product Portfolio
5.2.6.2 Corporate Strategies
5.2.6.2.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.6.3 Analyst View
5.2.7 MT Aerospace AG
5.2.7.1 Company Overview
5.2.7.1.1 Role of MT Aerospace AG in the Advanced Space Composites Market
5.2.7.1.2 Customers
5.2.7.1.3 Product Portfolio
5.2.7.2 Corporate Strategies
5.2.7.2.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.7.3 Analyst View
5.2.8 Opterus Research and Development
5.2.8.1 Company Overview
5.2.8.1.1 Role of Opterus Research and Development in the Advanced Space Composites Market
5.2.8.1.2 Customers
5.2.8.1.3 Product Portfolio
5.2.8.2 Corporate Strategies
5.2.8.2.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.8.3 Analyst View
5.2.9 Rock West Composites, Inc.
5.2.9.1 Company Overview
5.2.9.1.1 Role of Rock West Composites, Inc. in the Advanced Space Composites Market
5.2.9.1.2 Customers
5.2.9.1.3 Product Portfolio
5.2.9.2 Corporate Strategies
5.2.9.2.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.9.3 Analyst View
5.2.10 Teijin Limited
5.2.10.1 Company Overview
5.2.10.1.1 Role of Teijin Limited in the Global Space Carbon Fiber Composite Market
5.2.10.1.2 Product Portfolio
5.2.10.2 Corporate Strategies
5.2.10.2.1 Acquisition
5.2.10.3 Analyst View
5.2.11 Toray Advanced Composites
5.2.11.1 Company Overview
5.2.11.1.1 Role of Toray Advanced Composites in the Advanced Space Composites Market
5.2.11.1.2 Customers
5.2.11.1.3 Product Portfolio
5.2.11.2 Corporate Strategies
5.2.11.2.1 Partnerships, Collaborations, Agreements, and Contracts
5.2.11.3 Analyst View
5.2.12 Launch Vehicle and Satellite Manufacturers
5.2.12.1 ArianeGroup
5.2.12.2 Blue Origin
5.2.12.3 Boeing
5.2.12.4 Firefly Aerospace
5.2.12.5 Lockheed Martin
5.2.12.6 MDA Space
5.2.12.7 Northrop Grumman
5.2.12.8 Rocket Lab, Inc.
5.2.12.9 SpaceX
5.2.12.10 Thales Alenia Space
5.2.13 Other Key Player Profiles
6 Growth Opportunities and Recommendations
6.1 Growth Opportunities
6.1.1 Advanced Space Composites Manufacturers
6.1.1.1 Growth Opportunity: Utility of Composites in In-Space Manufacturing
6.1.1.2 Recommendations
6.1.2 Advanced Space Composites Manufacturers
6.1.2.1 Growth Opportunity: Emergence of Satellite Mega Constellations
6.1.2.2 Recommendations
6.1.3 Advanced Space Composites Manufacturers
6.1.3.1 Growth Opportunity: Utility of Composites in the Cislunar and Interplanetary Ecosystems
6.1.3.2 Recommendations
7 Research Methodology
7.1 Factors for Data Prediction and Modeling
List of Figures
Figure 1: Global Advanced Space Composites Market, $Billion, 2023 and 2033
Figure 2: Global Advanced Space Composites Market (by Platform), $Billion, 2023 and 2033
Figure 3: Global Advanced Space Composites Market (by Component), $Billion, 2023 and 2033
Figure 4: Global Advanced Space Composites Market (by Material), $Billion, 2023 and 2033
Figure 5: Global Advanced Space Composites Market (by Region), $Billion, 2033
Figure 6: Global Advanced Space Composites Market Coverage
Figure 7: Key Composite Suppliers for Satellite Components
Figure 8: Key Composite Suppliers for Launch Vehicle Components
Figure 9: Supply Chain Analysis
Figure 10: Global Advanced Space Composites Market, Business Dynamics
Figure 11: Global Satellite Launches Planned, 2023-2033
Figure 12: Share of Key Business Strategies and Developments, January 2020-July 2023
Figure 13: Global Advanced Space Composites Market (by Platform)
Figure 14: Global Advanced Space Composites Market (by Component)
Figure 15: Global Advanced Space Composites Market (by Material)
Figure 16: Global Advanced Space Composites Market (by Manufacturing Process)
Figure 17: Global Advanced Space Composites Market (by Service)
Figure 18: Global Advanced Space Composite Market, Competitive Benchmarking
Figure 19: Research Methodology
Figure 20: Top-Down and Bottom-Up Approach
Figure 21: Assumptions and Limitations
List of Tables
Table 1: Startups and Investments, January 2020-June 2023
Table 2: Partnerships, Collaborations, Agreements, and Contracts, January 2020- July 2023
Table 3: Market Developments, January 2020-July 2023
Table 4: Global Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 5: Global Advanced Space Composites Market (by Platform), Volume (in Tons), 2022-2033
Table 6: Global Advanced Space Composites Market (by Satellites), $Billion, 2022-2033
Table 7: Global Advanced Space Composites Market (by Satellites), Volume (in Tons), 2022-2033
Table 8: Global Advanced Space Composites Market (by Launch Vehicle), $Billion, 2022-2033
Table 9: Global Advanced Space Composites Market (by Launch Vehicle), Volume (in Tons), 2022-2033
Table 10: Global Advanced Space Composites Market (by Component), $Billion, 2022-2033
Table 11: Global Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 12: Global Space Carbon Fiber Composite Market (by Raw Material), $Billion, 2022-2033
Table 13: Global Space Carbon Fiber Composite Market (by Tensile Modulus), $Billion, 2022-2033
Table 14: Global Advanced Space Composites Market (by Manufacturing Process), $Billion, 2022-2033
Table 15: Global Advanced Space Composites Market (by Service), $Billion, 2022-2033
Table 16: Global Advanced Space Composites Market (by Region), $Billion, 2022-2033
Table 17: North America Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 18: North America Advanced Space Composites Market (by Component), $Billion, 2022-2033
Table 19: North America Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 20: North America Advanced Space Composites Market (by Manufacturing Process), $Billion, 2022-2033
Table 21: U.S. Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 22: U.S. Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 23: Canada Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 24: Canada Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 25: Europe Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 26: Europe Advanced Space Composites Market (by Component), $Billion, 2022-2033
Table 27: Europe Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 28: Europe Advanced Space Composites Market (by Manufacturing Process), $Billion, 2022-2033
Table 29: U.K. Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 30: U.K. Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 31: Germany Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 32: Germany Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 33: France Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 34: France Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 35: Rest-of-Europe Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 36: Rest-of-Europe Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 37: Asia-Pacific Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 38: Asia-Pacific Advanced Space Composites Market (by Component), $Billion, 2022-2033
Table 39: Asia-Pacific Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 40: Asia-Pacific Advanced Space Composites Market (by Manufacturing Process), $Billion, 2022-2033
Table 41: China Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 42: China Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 43: Japan Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 44: India Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 45: India Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 46: Rest-of-Asia-Pacific Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 47: Rest-of-Asia-Pacific Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 48: Rest-of-the-World Advanced Space Composites Market (by Platform), $Billion, 2022-2033
Table 49: Rest-of-the-World Advanced Space Composites Market (by Component), $Billion, 2022-2033
Table 50: Rest-of-the-World Advanced Space Composites Market (by Material), $Billion, 2022-2033
Table 51: Rest-of-the-World Advanced Space Composites Market (by Manufacturing Process), $Billion, 2022-2033
Table 52: Brazil Advanced Space Composites Market (by Platform), $Million, 2022-2033
Table 53: Brazil Advanced Space Composites Market (by Material), $Million, 2022-2033
Table 54: U.A.E. Advanced Space Composites Market (by Platform), $Million, 2022-2033
Table 55: U.A.E. Advanced Space Composites Market (by Material), $Million, 2022-2033
Table 56: Airborne: Product Portfolio
Table 57: Airborne: Market Developments
Table 58: Airborne: Partnerships, Collaborations, Agreements, and Contracts
Table 59: Beyond Gravity: Product Portfolio
Table 60: Beyond Gravity: Partnerships, Collaborations, Agreements, and Contracts
Table 61: CRP Technology S.r.l: Product Portfolio
Table 62: CRP Technology S.r.l: Market Developments
Table 63: EURO-COMPOSITES: Product Portfolio
Table 64: EURO-COMPOSITES: Partnerships, Collaborations, Agreements, and Contracts
Table 65: Hanwha Cimarron: Product Portfolio
Table 66: Hanwha Cimarron: Market Developments
Table 67: Hexcel Corporation: Product Portfolio
Table 68: Hexcel Corporation: Partnerships, Collaborations, Agreements, and Contracts
Table 69: MT Aerospace AG: Product Portfolio
Table 70: MT Aerospace AG: Partnerships, Collaborations, Agreements, and Contracts
Table 71: Opterus Research and Development: Product Portfolio
Table 72: Opterus Research and Development: Partnerships, Collaborations, Agreements, and Contracts
Table 73: Rock West Composites, Inc.: Product Portfolio
Table 74: Rock West Composites Inc.: Partnerships, Collaborations, Agreements, and Contracts
Table 75: Teijin Limited: Product Portfolio
Table 76: Teijin Limited: Acquisition
Table 77: Toray Advanced Composites: Product Portfolio
Table 78: Toray Advanced Composites: Partnerships, Collaborations, Agreements, and Contracts
Table 79: ArianeGroup: Ongoing and Planned Programs/Projects
Table 80: Blue Origin: Ongoing and Planned Programs/Projects
Table 81: Boeing: Ongoing and Planned Programs/Projects
Table 82: Firefly Aerospace: Ongoing and Planned Programs/Projects
Table 83: Lockheed Martin: Ongoing and Planned Programs/Projects
Table 84: MDA Space: Ongoing and Planned Programs/Projects
Table 85: Northrop Grumman: Ongoing and Planned Programs/Projects
Table 86: Rocket Lab, Inc.: Ongoing and Planned Programs/Projects
Table 87: SpaceX: Ongoing and Planned Programs/Projects
Table 88: Thales Alenia Space: Ongoing and Planned Programs/Projects
Table 89: Other Key Player Profiles
