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Global Spacesuit Market 2017 To 2021

Published on: May 2017 | From USD $3500 | Published By: INFINITI RESEARCH | Number Of Pages: 70

MIR Announces the Publication of its Research Report – Global Spacesuit Market 2017-2021

MIR recognizes the following companies as the key players in the global spacesuit market: Boeing, David Clark, ILC Dover, NPP Zvezda, and Oceaneering International.

Other Prominent Vendors in the market are: Austrian Space Forum (OeWF), Final Frontier Design, Pacific Spaceflight, and UTC Aerospace Systems.

Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is investments in development of wearable tech glasses. There has been a growing preference for incorporating smart technology or augmented reality solutions in many of the aerospace and defense applications. Likewise, space agencies have prioritized development efforts with regard to the aforementioned technologies.”

According to the report, one of the major drivers for this market is implementation of 3D printing technologies. 3D printing manufacturing refers to the process of synthesizing successive layers of materials with the support of computerized control technology to create an object or component. This process enables manufacturers to produce small and micro-components of almost any shape or size. It also allows manufacturers to reduce the overall weight of the components, substantially trimming down the overall weight of the spacesuit. This innovative printing method is cost-efficient and induces just-in-time (JIT) manufacturing of materials. It also permits quick designing and rapid changes of internal features of the parts and components, which are possible with traditional manufacturing methods.

Further, the report states that one of the major factors hindering the growth of this market is high development costs. More manned missions to space create more demand for space and pressure suits. However, with the growing demand, the producers will be challenged by high development costs. Since 2011, spacesuits have undergone significant changes in materials and performance but had not undergone any major changes in terms of design. Therefore, to focus on future spacesuit design elements, vendors are often being challenged by increased costs, resulting in higher risk association in events where manned missions get suspended or delayed.
About Spacesuit
Spacesuits are worn by astronauts in outer space for keeping themselves alive in space. They are also worn by the crew members inside a spacecraft as a safety mechanism in case of loss of cabin pressure. The global spacesuit market is significantly consolidated with the presence of a limited number of vendors and buyers, where National Aeronautics and Space Administration (NASA) and ROSCOSMOS (Russian Space Agency) are the major end-users of spacesuits. Therefore, the established vendors restrict new players from venturing into the niche market.

MIR’s analysts forecast the global spacesuit market to grow at a CAGR of 7.21% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global spacesuit market for 2017-2021. To calculate the market size, the report considers the unit sales of spacesuits in the base and projected years.

The market is divided into the following segments based on geography:
• Americas

MIR's report, Global Spacesuit Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Boeing
• David Clark
• ILC Dover
• NPP Zvezda
• Oceaneering International

Other prominent vendors
• Austrian Space Forum (OeWF)
• Final Frontier Design
• Pacific Spaceflight
• UTC Aerospace Systems
Market driver
• Implementation of 3D printing technologies
• For a full, detailed list, view our report

Market challenge
• High development costs
• For a full, detailed list, view our report

Market trend
• Investments in development of wearable tech glasses
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

"Table of Contents
PART 01: Executive summary
PART 02: Scope ofthe report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by types
• Global spacesuit market: Segmentation by spacesuit types
• Global EVA suits market
• Global IVA suits market
PART 07: Geographical segmentation
• Geographical segmentation of global spacesuit market
• Spacesuit market in the Americas
• Spacesuit market in EMEA
• Spacesuit market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
• Market drivers
• Market challenges
PART 10: Market trends
• Investments in development of wearable tech glasses
• Emerging space travel concept
• Development of multipurpose garments
PART 11: Vendor landscape
• Competitive landscape
• Boeing
• David Clark
• ILC Dover
• NPP Zvezda
• Oceaneering International
• Other prominent vendors
PART 12: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Segmentation of global spacesuit market
Exhibit 02: Global spacesuit market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global spacesuit market: Segmentation by spacesuit types 2016 and 2021 (% share)
Exhibit 05: Global spacesuit market: Segmentation by spacesuit types 2016-2021 ($ millions)
Exhibit 06: Global EVA suits market 2016-2021 ($ millions)
Exhibit 07: Global IVA suits market 2016-2021 ($ millions)
Exhibit 08: Global spacesuit market by geography 2016 and 2021 (% share)
Exhibit 09: Global spacesuit market by geography 2016-2021 ($ millions)
Exhibit 10: Spacesuit market in the Americas 2016-2021 ($ millions)
Exhibit 11: Spacesuit market in EMEA 2016-2021 ($ millions)
Exhibit 12: Spacesuit market in APAC 2016-2021 ($ millions)
Exhibit 13: Anticipated unit production of spacesuits 2016-2021 (units)
Exhibit 14: Key vendors of global spacesuit market 2017
Exhibit 15: Boeing: Product and services for space
Exhibit 16: David Clark: Key markets
Exhibit 17: David Clark: Life support equipment solutions for NASA and the Department of Defense (DoD)
Exhibit 18: David Clark: Protective suit for commercial spaceflight
Exhibit 19: ILC Dover: Key spacesuits
Exhibit 20: NPP Zvezda: Key solutions
Exhibit 21: Oceaneering International: Products and services

Companies Mentioned are -Boeing, David Clark, ILC Dover, NPP Zvezda, Oceaneering International, Austrian Space Forum (OeWF), Final Frontier Design, Pacific Spaceflight, and UTC Aerospace Systems.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

The market engineered data is verified and validated by a number of experts, both in-house and external.

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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