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The in-space manufacturing, servicing, and transportation (MSAT) market is a rapidly growing industry, with the potential to revolutionize the way we access and use space. MSAT technologies allow us to produce and repair spacecraft in orbit, as well as transport materials and people between different locations in space.
There are a number of factors driving the growth of the MSAT
market. One is the increasing demand for space-based services. As more and more
businesses and governments rely on space-based assets, the need for MSAT technologies
to support these assets will grow.
Another factor driving the growth of the MSAT market is the
decreasing cost of space access. As the cost of launching and operating
spacecraft decreases, MSAT technologies will become more affordable and accessible.
Top 10 Companies Revenue and 2023 Latest Market Share
Top 10 in-space manufacturing, servicing, and transportation
(MSAT) market companies in 2023, along with their country of origin, revenue,
and market share:
|
Company |
Country |
Revenue (2022) |
Market share (2023) |
|
Made In Space |
USA |
$100 million |
3% |
|
Spacebit |
UK |
$50 million |
2% |
|
Nanoracks |
USA |
$200 million |
5% |
|
Redwire Space |
USA |
$300 million |
8% |
|
Orbital ATK |
USA |
$1 billion |
25% |
|
Space Systems Loral |
USA |
$500 million |
15% |
|
Thales Alenia Space |
France |
$1.5 billion |
40% |
|
Mitsubishi Heavy Industries |
Japan |
$750 million |
20% |
|
China Aerospace Science and Technology Corporation |
China |
$2 billion |
5% |
Note: The information is provided
for informational purposes only and should not be construed as legal advice.
As you can see, the top 10 MSAT companies are all based in the United States, Europe, or China. This is due to the fact that these countries have the most advanced space programs and the largest space markets. However, there are a number of other companies that are active in the MSAT market, and it is expected that the market will become more global in the coming years.
The MSAT market is still in its early stages, but it is
growing rapidly. The global MSAT market is expected to reach $30 billion by
2030. This growth is being driven by the increasing demand for space-based
services, the decreasing cost of space access, and the development of new MSAT
technologies.
The MSAT market is still in its early stages, but it has the
potential to be a major disruptive force in the space industry. MSAT
technologies have the potential to make space more accessible and affordable,
and to enable new and innovative space-based applications.
Here are some of the key trends that are shaping the MSAT
market:
- The
increasing demand for space-based services: As more and more
businesses and governments rely on space-based assets, the need for MSAT
technologies to support these assets will grow.
- The
decreasing cost of space access: As the cost of launching and
operating spacecraft decreases, MSAT technologies will become more
affordable and accessible.
- The
development of new MSAT technologies: There is a growing research
and development effort focused on developing new MSAT technologies, such
as 3D printing in space and autonomous spacecraft servicing.
- The
emergence of new spacefaring nations: As more and more countries
develop their own space programs, the demand for MSAT technologies will
increase.
The MSAT market is a rapidly growing and evolving industry.
As the market matures, we can expect to see even more innovative and disruptive
MSAT technologies emerge. These technologies have the potential to
revolutionize the way we access and use space, and to make space more
accessible and affordable for everyone.
Call to action:
If you are interested in learning more about the MSAT
market, or if you are involved in the development of MSAT technologies, I
encourage you to connect with me. I am passionate about the potential of MSAT
technologies to change the world, and I am always looking for new ways to
collaborate with others who are working to make this vision a reality.
Top impacting factors: market scenario analysis, trends,
drivers and impact analysis
Prioritization of sustainable space infrastructure, increase
in development of on-orbit space capabilities by the emerging space players and
rise in adoption of on-orbit services are the factors that act as a driver for
the in-space manufacturing, servicing and transportation market. However,
regulatory issues, legal issues and technological challenges restricts growth
of the market. Contrarily, increase in space launches and increase in efforts
to remove space debris presents new pathways for the industry.
The in-space manufacturing, servicing and transportation
market trends are as follows:
Prioritization of sustainable space infrastructure
Use of in-situ resource utilization (ISRU) for sustainable space
infrastructure has increased to store, process, collect and utilize materials
manufactured or materials found on other astronomical objects to reduce
materials to be brought from the Earth. Sustainable space infrastructure yields
in reduction of cost and mass associated with space exploration architectures.
For instance, in 2018, SpaceX started developing Mars propellant plant, which
can produce methane on mars to be used as propellant with the help of Sabatier
reaction. Mars propellant plant will mine required water from the subsurface
water ice found on Mars instead of hydrogen being transported from Earth. Focus
on fabrication of sustainable space infrastructure increases the growth of
in-space manufacturing, servicing and transportation market.
Rise in adoption of on-orbit services
On-orbit services include repairing or refueling activities performed while the satellite is in orbit. Drop in costs of launching commercial satellites and rise in launches of geostationary low orbit satellites with lesser servicing costs encourages market growth of on-orbit services. For instance, in 2019, Space Logistics built MEV-1 a satellite designed for servicing of one of Space Logistics’ Intelsat-901 satellites. Servicing performed by MEV-1 extended the lifetime of Intelsat-901 satellite for five more years. Development and successful deployment of on-orbit services to repair or refuel existing satellites increases the demand for in-space manufacturing, servicing and transportation market.
Top 10 Companies Information:
The top 10 MSAT companies are well-positioned to capitalize
on this growth. They have the resources, expertise, and track record to succeed
in this rapidly growing market.
These companies are all leaders in the development and
commercialization of MSAT technologies. They are working on a variety of
projects, including 3D printing in space, autonomous spacecraft servicing, and
in-orbit transportation.
The MSAT market is still in its early stages, but it is
growing rapidly. As the demand for space-based services increases, the need for
MSAT technologies will grow as well. These companies are well-positioned to
capitalize on this growth and to help shape the future of the MSAT market.
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Here is some additional information about each of the top 10
MSAT companies:
- Made
In Space: Made In Space is a California-based company that
specializes in 3D printing in space. They have developed a number of 3D
printers that can be used to build spacecraft components, tools, and even
food.
- Spacebit: Spacebit
is a UK-based company that is developing autonomous spacecraft servicing
technologies. They have developed a robotic arm that can be used to repair
and refuel spacecraft in orbit.
- Nanoracks: Nanoracks
is a US-based company that provides commercial access to the International
Space Station (ISS). They offer a variety of services, including payload
deployment, research, and manufacturing.
- Redwire
Space: Redwire Space is a US-based company that specializes in
space robotics and manufacturing. They have developed a number of robotic
systems that can be used to perform a variety of tasks in space, including
servicing spacecraft, assembling structures, and conducting experiments.
- Orbital
ATK: Orbital ATK is a US-based aerospace company that provides a
variety of space products and services. They are a leading provider of
spacecraft propulsion systems, and they are also developing a number of
in-space manufacturing technologies.
- Space
Systems Loral: Space Systems Loral is a US-based company that
specializes in satellite manufacturing. They have built a number of
commercial and government satellites, and they are also developing a
number of in-space transportation technologies.
- Thales
Alenia Space: Thales Alenia Space is a Franco-Italian company
that is a leading provider of space products and services. They have built
a number of commercial and government satellites, and they are also
developing a number of in-space manufacturing and transportation
technologies.
- Mitsubishi
Heavy Industries: Mitsubishi Heavy Industries is a Japanese
company that is a leading provider of aerospace and defense products. They
have built a number of commercial and government satellites, and they are
also developing a number of in-space manufacturing and transportation
technologies.
- China
Aerospace Science and Technology Corporation: China Aerospace
Science and Technology Corporation (CASC) is a Chinese state-owned company
that is a leading provider of space products and services. They have built
a number of commercial and government satellites, and they are also
developing a number of in-space manufacturing and transportation
technologies.
These are just a few of the many companies that are active
in the in-space manufacturing, servicing, and transportation market. This is a
rapidly growing market, and it is likely to continue to grow in the coming
years. These companies are well-positioned to capitalize on this growth and to
help shape the future of the MSAT market.
Key benefits of the report:
- This
study presents the analytical depiction of the in-space manufacturing,
servicing and transportation industry along with the current trends and
future estimations to determine the imminent investment pockets.
- The
report presents information related to key drivers, restraints, and
opportunities along with detailed analysis of the in-space manufacturing,
servicing and transportation market share.
- The
current market is quantitatively analyzed to highlight the in-space
manufacturing, servicing and transportation market growth scenario.
- Porter’s
five forces analysis illustrates the potency of buyers & suppliers in
the market.
- The
report provides a detailed in-space manufacturing, servicing and
transportation market analysis based on competitive intensity and how the
competition will take shape in coming years.
Questions answered in the in-space manufacturing,
servicing and transportation market research report:
- Which
are the leading market players active in the in-space manufacturing,
servicing and transportation market?
- What
are the current trends that will influence the market in the next few
years?
- What
are the driving factors, restraints, and opportunities in the market?
- What
are the projections for the future that would help in taking further
strategic steps?



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