Space Habitat Market to grow by USD 169.38 million from 2023 to … – PR Newswire

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- The space habitat marketis expected to grow by USD 169.38 million from 2023 to 2028. However, the growth momentum of the market will progress at a CAGR of11.31% during the forecast period.The market is segmented by end-user (government and private), technology (inflatable and non-inflatable), and geography (North America, Europe, APAC, Middle East and Africa, and South America).The report analyses the market size and growth and provides accurate predictions of the market's growth.View Free PDF SampleReport

The adoptionof reusable launch vehicles is a key factor driving market growth.The term "reusable launching vehicles" refers to a system in which the space vehicle is launched from the atmosphere and will be used for future launches. These systems have the greatest benefit of saving substantial costs, time, resources, and effort because they will not be required to design or build a new launch system for future launches. Hence, these factors are expected to drive market growth during the forecast period.

Key Highlights:

Market Dynamics:

Major Trend

Significant Challenges

The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report

Keg Segments:

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The aerostructures marketsize is estimated to growat aCAGR of 6.78%between 2023and 2028. Themarket size is forecast to increase byUSD 23.71 billion.

Thesatellite marketsize is estimated to grow at aCAGR of 3.31%between 2023and 2028. Themarket size is forecast to increase byUSD 14,526.87 million.

Space Habitat Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 11.31%

Market Growth 2024-2028

USD 169.38 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

9.0

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 59%

Key countries

US, China, Japan, Russia, and the UK

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by End-User

Market Segmentation by Technology

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers,Challenges, &Trends

Company Landscape

Company Analysis

Appendix

AboutTechnavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:[emailprotected] Website:www.technavio.com

SOURCE Technavio

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Space Habitat Market to grow by USD 169.38 million from 2023 to ... - PR Newswire