Astronaut Space Suits Market: Size, Dynamics, Regional Insights and Market Segment Analysis (by Type, Design and Application)

Astronaut Space Suits Market was valued at USD 834.4 Million in 2021, and it is expected to reach USD 1210.67 Million by 2027, exhibiting a CAGR of 6.4 % during the forecast period (2022-2027).

A spacesuit is a protective garment worn by astronauts in space to shield them from the harsh environment. Space radiation is hazardous to the human body and can cause hypothermia and heat strokes. It shields astronauts from the sun's UV radiation while also maintaining the ideal air pressure and atmosphere for breathing. During the forecast period, the astronaut spacesuit market is expected to grow rapidly due to an increase in space exploration missions and increased awareness of space programmes.



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Increasing investments in deep space human exploration initiatives by countries such as US, China, India, and Russia are expected to boost demand for space suits through the forecast period. The market is expected to grow rapidly in the next years as new and upgraded spacesuits with advanced materials for low weight and increased mobility are developed.

The Global Astronaut Space Suits Market is segmented by type, design and application. Based on type, the market is segmented into IVA Suits and EVA Suits. Based on design, the market is segmented into Soft-suit, Hard-shell suit, Skin-tight suit and Hybrid suit. Based on application, the market is segmented into Intravehicular Activity (IVA) and Extravehicular Activity (EVA). Based on region, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

In the report, 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027.
Astronaut Space Suits Market Dynamics
The need for a spacesuit is driven by the growing trend of commercial space flight, the development of multifunctional spacesuits, and wearable technologies. Furthermore, as the pace of space exploration missions picks up, so does the manufacture and demand for spacesuits for extravehicular activities, requiring more regional and international enterprises to participate. Several governments are increasing their investments in human space exploration initiatives in deep space. Additionally, the incorporation of technology for the construction of new-generation spacesuits with advanced materials for reduced weight and better mobility is propelling the global astronaut spacesuit market, which is expected to produce substantial demand over the forecast period.

Rapid Increase in Extravehicular Activities

Extravehicular activities on the space station are often activities for planetary exploration, such as spacewalks, satellite repair, and other exterior operations. Environmental protection, movement, communications, and life support are all provided by the extravehicular mobility unit (EMU) suits. Many countries are expanding their space programmes around the world. Furthermore, space research organisations like NASA have begun to launch several missions to the moon, Mars, and other planets. EVA suits are necessary for various extravehicular activities. Moreover, continual developments in astronaut spacesuits are expected to drive the global astronaut spacesuit market growth through the forecast period.

Growing Importance of New Products, Applications and Services

Companies are readily entering the market and providing a variety of on-demand services. As a result, the opportunities for new applications, products, and services are expanding. Many private actors, for example, are presently offering internet-based space exploration to the general public. The decreasing cost of building and launching satellites has led in an increase in forthcoming launches for earth observation, surveillance, and communication purposes by both military and corporate enterprises around the world. Moreover, compared to the relatively restricted sources in the 1990s, financing for private spaceflight has risen in recent years from a bigger pool of sources. With a 100-fold increase since 1980, some investors believe the traditional spaceflight sector is poised for competition. A total of USD 1.8 billion was invested in private spaceflight businesses by venture capital firms, which was more than they had invested in the preceding 15 years. Lux Capital, Bessemer Venture Partners, Khosla, Founders Fund, RRE Ventures, and Draper Fisher Jurvetson were the largest and most active investors in space. These factors are driving the astronaut space suit market.

Substantial Growth in Investment for Space Exploration Missions

Countries all across the world are investing more on space exploration projects. Because of a rise in space exploration missions and projects, the Asia-Pacific and European regions are expected to drive global market growth. Moreover, the next generation space suits are lighter and more mobile, providing astronauts with greater comfort and safety. Also, space projects indicate a country's strength in the aeronautics sector, resulting in an increase in investment and chances for leading market participants to increase output. Wearables, a urine collection transfer assembly, a pharmaceutical support assembly, and an air pressure control helmet make up these spacesuits. The spacesuits also protect astronauts from the harsh conditions of space, such as micrometeorites and rapid temperature changes.
Astronaut Space Suits Market Segment Analysis
EVA Suits segment is expected to dominate the market based on type.

Based on Product type, the Astronaut Space Suits market is segmented into EVA suits and IVA suits. A space suit is a protective garment that shields humans from the harsh conditions of space, including radiation. Extravehicular Movement Unit (EMU) suits offer astronauts with environmental protection, communications, mobility, and life support. The demand for EVA suits has grown as a result of the increase in extravehicular activities, and it is expected to develop rapidly during the forecast period. In the coming years, the development of new spacesuits for human space exploration initiatives is expected to drive the segment's growth. IVA suits (used inside pressurised spacecraft) and EVA suits are also included in the market analysis (used outside spacecraft for exploration and repair of the spacecraft).EVA Activity segment is expected to dominate the market based on application.

Based on Application, the market is segmented into EVA (Extravehicular Activities) and IVA (Intravehicular Activities). The EVA suits segment currently dominates the Astronaut Space Suits market and is expected to continue its dominance during the forecast period. Extravehicular activities (EVA) are spacewalks done by astronauts for activities such as planetary exploration, satellite maintenance, and other extreme tasks aboard the space station. NASA introduced the xEMU spacesuit for extra-vehicular activities on the moon's surface in preparation for the 2024 space mission. Additionally, NASA intends to modify and enhance the suits in the future for extra-vehicular activities on Mars' surface.

Hybrid Suits segment is expected to dominate the market based on design.

Based on Design, the market is segmented into Soft suit, Hard shell suit, Skin tight suit and Hybrid suit. During the forecast period, the Hybrid suits are expected to dominate the Astronaut Space Suits market. Hard-shell parts and fabric parts coexist in hybrid suits. F ibreglass Hard Upper Torso (HUT) and fabric limbs are used in NASA's Extravehicular Mobility Unit (EMU). Hard components are used in almost all functional space suit designs, especially at interfaces like the waist seal, bearings, and, in the case of rear-entry suits, the back door, where all-soft alternatives are not viable.


Astronaut Space Suits Market Regional Insights
Asia Pacific region is estimated to dominate the Astronaut Space Suits market through the forecast period. The Astronaut Space Suits market in Asia-Pacific region is expected to grow at the highest rate during the forecast period. Human space exploration plans are moving forward in Asia-Pacific countries including China, Japan, and India, among others, with plans to send humans to Mars for planetary explortion in the coming years.

China intends to build and operate a space station in low earth orbit (LEO) as part of its human space exploration programme. The nation intends to complete building the space station by 2024. The China National Space Administration has announced that human exploration of the moon will begin in the 2030s.

The Indian Space Research Organisation (ISRO) has announced that four astronauts would be sent to the International Space Station (ISS) in 2022. ISRO created a new spacesuit for the astronauts (prototype presented in September 2018) with one oxygen cylinder carrying capacity for this mission. In the coming years, such space exploration missions are expected to increase demand for IVA and EVA suits.

In February 1970, Japan launched its first satellite, Osumi, into orbit, becoming the fourth country after the Soviet Union, the United States, and France to do so. It now has a satellite fleet that includes communications, meteorological, earth observation, and astronomical observation satellites.

Increased space investment in North America is expected to boost the demand for astronaut space suits. The United States is expected to be North America's most crucial and major contributing market. The expansion of the Astronaut Space Suits market in the United States is largely due to NASA. One of the primary factors driving the astronaut space suit market is the increase in the number of satellite launches and launch vehicles. Another key element driving the market in the North American area is increased expenditure on space exploration initiatives.

European area is expected to contribute significantly to the growth of the Astronaut Space Suits market. In comparison to other European countries, Russia Federation dominates the Europe area, launching the majority of space satellites and spaceships. The origins of the Russian space programme can be traced back to 1957, when the Soviet Union launched Sputnik 1, the world's first artificial satellite. The country today has the world's third-largest spacecraft fleet, which includes communications, meteorological, and reconnaissance satellites. The United Kingdom, France, Germany, and Luxembourg are among the few European countries that have contributed significantly to the growth of the global Astronaut Space Suits market. Middle East & Africa and South America is estimated to grow at a steady rate and hold a significant share of the Astronaut Space Suits market during the forecast period.

The global astronaut space suit market is consolidated, with only a few vendors and consumers, with the National Aeronautics and Space Administration (NASA) serving as the dominant end user. Thus, established suppliers prevent new entrants from entering the niche market. New spacesuits for astronauts are being developed by space organisations and industrial businesses, with superior materials, improved communications systems, and more mobility. In future, the corporations are expected to expand their global footprint as the demand for human space exploration missions increases.

The objective of the report is to present a comprehensive analysis of the global Astronaut Space Suits Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Astronaut Space Suits Market dynamic, structure by analyzing the market segments and projecting the Astronaut Space Suits Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Astronaut Space Suits Market make the report investor’s guide.
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Astronaut Space Suits Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US$ 834.4 Mn.


Forecast Period 2022 to 2027 CAGR:
6.4 %
Market Size in 2027:
US$ 1210.67 Mn.


 Segments Covered:
by Type
• EVA Suits
• IVA Suits


by Design
• Soft Suits
• Hard Shell Suits
• Skin Tight Suits
• Hybrid Suits


by Application
• EVA Activities
• IVA Activities



Key Players of Astronaut Space Suits Market
• The Boeing Company
• Collins Aerospace
• David Clark Company
• Austrian Space Forum
• Space Exploration Technologies Corp
• Final Frontier Design
• NPP Zvezda
• Garrett AiResearch
• Oceaneering International
• Sure Safety India Ltd.

Frequently Asked Questions:

1] What segments are covered in the Global Astronaut Space Suits Market report?
Ans. The segments covered in the Astronaut Space Suits Market report are based on Type, Design and Application.

2] Which region is expected to hold the highest share in the Global Astronaut Space Suits Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Astronaut Space Suits Market.

3] What is the market size of the Global Astronaut Space Suits Market by 2027?
Ans. The market size of the Astronaut Space Suits Market by 2027 is expected to reach USD 1210.67 Mn.

4] What is the forecast period for the Global Astronaut Space Suits Market?
Ans. The forecast period for the Astronaut Space Suits Market is 2021-2027.

5] What was the market size of the Global Astronaut Space Suits Market in 2021?
Ans. The market size of the Astronaut Space Suits Market in 2021 was valued at USD 834.4 Mn.