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In Space Manufacturing Market Share

Report ID: GMI7686
Published Date: Dec 2023
Report Format: PDF

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In Space Manufacturing Market Share

Northcorp Grumman Corporation, Lockheed Martin Corporation and Airbus SE hold a dominant position in the in space manufacturing industry. Companies invest heavily in R&D to develop cutting-edge technologies for in-space manufacturing. This includes advancements in materials science, robotics, additive manufacturing, and other relevant technologies. Furthermore, forming strategic partnerships and collaborations with other industry players, research institutions, and space agencies allows companies to leverage shared resources, knowledge, and expertise. These partnerships can accelerate the development and deployment of in-space manufacturing capabilities.

Securing contracts from government space agencies for in-space manufacturing projects and collaborations is a common strategy. These contracts provide funding and opportunities to work on significant space exploration initiatives.

In Space Manufacturing Market Companies

Major players operating in the in space manufacturing industry are:

Allevi Inc
Airbus SE
Astrobotic Technology, Inc.
Axiom Space, Inc.
Echodyne Corporation.
Global Graphene Group, Inc. (G3)
Le Verre Fluore Fiber Solutions
Lockheed Martin Corporation
Northcorp Grumman Corporation
Sierra Nevada Corporation

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Industry size for in space manufacturing was worth USD 4.4 billion in 2023 and is expected to expand at over 20% CAGR from 2024 to 2032 owing to the ongoing government initiatives and funding for space exploration programs.

The quantum dot display segment held 7% share of the in space manufacturing industry in 2023 and is projected to witness high demand through 2032 owing to their unique optical properties.

North America industry for in space manufacturing accounted for around 34% revenue share in 2023 and is set to exhibit substantial growth through 2032 owing to the presence of a robust ecosystem of space agencies, private enterprises, and research institutions in the region.

Some of the leading space manufacturing market players are Allevi Inc, Airbus SE, Astrobotic Technology, Inc., Axiom Space, Inc., Echodyne Corporation., Global Graphene Group, Inc. (G3), Le Verre Fluore Fiber Solutions, and Sierra Nevada Corporation.