Spacesuit-Market

Spacesuit Market Growth, Key Futuristic Trends And
Competitive Landscape 2018-2026
Spacesuit Market research provides industry analysis by type,
manufacturer, application along with key factors influencing the
growth of the market which include growth drivers, restraints,
opportunities and challenges, strategically profile key players and
comprehensively analyze their market share and core
competencies.
Spacesuit market primarily caters to the limited list of space agencies such as Russian Space
Agency (ROSCOSMOS) and National Aeronautics and Space Administration (NASA) that utilize
these products for the astronaut survival in the outer space. These also find significant
application for the crew members inside the spacecraft to ensure safety mechanism in the event
of loss of the cabin pressure. According to Coherent Market Insights, the business can be largely
characterized low volume and high margin industry.
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Difficulty in surviving in space owing to substantially different conditions is the
primary growth driver of the industry
Utilization of distinct advanced materials in the designing and development for next generation
suits, such as urethane-coated nylon, Dacron, Neoprene, aluminized Mylar, Gortex, Kevlar and
Nomex, to enable living in space have gained significant traction as the key industry trends.
These materials enhance the strength, reduce overall weights, and enable the required
sustenance of pressure and air. Moreover, participants are increasingly focusing on development

of more innovative materials to differentiate their portfolio from the competitors and provide
tailored solutions with enhanced safety and versatility for the end users.
Spacesuit market are poised for renaissance owing to increasing interests of private
sector roles in the space industry
Commercial space travel concept is among the key trend that is expected to transform the
industry landscape over the next decade. For instance, In May 2014, U.S. space travel agency
has partnered with a Japanese advertisement agency for endorsing its future spaceflight
missions. Commercial space travel offering companies will make efforts to distinguish
themselves by offering their products based on better capabilities, aesthetics, and comfort.
These factors will drive the demands for commercial grade suits and fuel the spacesuit market
growth over the forecast period.
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EVA segment dominated the global industry share in 2016, owing to its necessary
applications in the space
These dominated the industry share by value primarily owing to the significant usage of these
suits for the examination and research operations. Moreover, these form necessary inclusions in
the space missions owing to probability of damage owing to orbiting space debris. Owing to
these requirements, EVA segment application is anticipated to continue its dominance over the
forecast period.
U.S. is expected to continue to dominate the global industry share owing to significant
advancement and large number of space related operations taking place in the country. Other
countries that include Russia, China, Japan, and India are expected to highly contribute to the
global demands over the next few years. High involvement of countries in various space
programs such as the launch of satellites and the availability of potential opportunities to provide
low-cost space missions, will propel the growth of the spacesuit market.
Industry is largely characterized by the fragmented industry share owing to number of players
sharing the industry share. According to our analysis, the intensive competition is expected to be
largely characterized by the substantial development of new materials, low overall weights, and
high reliability of the suits. Advent of commercial space companies further alleviate the

competition and will drive the innovation in shortening the design cycles, computer simulations,
3D printing, and product durability. Chief industry participants in the industry include Boeing, ILC
Dover, David Clark, Oceaneering International, NPP Zvezda, Final Frontier Design, Pacific
Spaceflight, Austrian Space Forum (OeWF), and UTC Aerospace Systems.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering actionready
syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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