PUBLISHER: BIS Research | PRODUCT CODE: 1413715
PUBLISHER: BIS Research | PRODUCT CODE: 1413715
Europe Space Carbon Fiber Composite Market: Analysis and Forecast, 2023-2033
“The Europe Space Carbon Fiber Composite Market Expected to Reach $487.1 Million by 2033.”
Introduction to Europe Space Carbon Fiber Composite Market
The Europe space carbon fiber composite market was valued at $124.6 million in 2023 and is projected to reach $487.1 million by 2033. The market for space carbon fiber composites is anticipated to experience growth primarily due to several key factors. This includes the rising demand for lightweight small satellites, especially for communication and Earth observation purposes. The commercial space sector's expansion and the emergence of reusable launch vehicles are also significant drivers of this market's growth trajectory. Moreover, advancements in manufacturing techniques and materials play a pivotal role in propelling market expansion.
| KEY MARKET STATISTICS | |
|---|---|
| Forecast Period | 2023 - 2033 |
| 2023 Evaluation | $124.6 Million |
| 2033 Forecast | $487.1 Million |
| CAGR | 14.61% |
Market Introduction
The European space carbon fiber composite market is poised for significant growth driven by several compelling factors. One of the primary drivers is the increasing demand for small satellites designed with a lightweight profile, particularly for applications in communication and Earth observation. Carbon fiber composites provide the ideal material solution for reducing satellite weight, enhancing payload capacity, and optimizing overall performance.
Furthermore, the booming commercial space sector in Europe is contributing to the market's expansion. Private companies and startups are actively participating in space exploration and satellite deployment, leading to a growing need for advanced materials like carbon fiber composites.
The development of reusable launch vehicles is another noteworthy factor fostering market growth. These vehicles require lightweight yet durable materials, making carbon fiber composites a preferred choice.
Advancements in manufacturing technologies and materials, particularly in Europe, are bolstering the production and adoption of space carbon fiber composites, further driving the market's upward trajectory. With these factors in play, the European space carbon fiber composite market is poised for remarkable development, offering opportunities for innovation and progress in the aerospace industry.
Market Segmentation
Segmentation 1: by Application
- Satellites
- Launch Vehicles
- Deep Space Exploration
Segmentation 2: by Country
- France
- Germany
- Russia
- U.K.
- Rest-of-Europe
How can this report add value to an organization?
Growth/Marketing Strategy: The space carbon fiber composite market has seen major development activities by key players operating in the market, such as business expansion activities, contracts, mergers, partnerships, and collaborations. The most favored strategy for the companies has been contracts to strengthen their positions in the space carbon fiber composite market.
Competitive Strategy: The study has analyzed and profiled the space carbon fiber composite manufacturers, startups, and emerging players in advanced composite manufacturing in the Europe space carbon fiber composite market. These companies capture the maximum share in the Europe space carbon fiber composite market. Moreover, a detailed competitive benchmarking of the companies and organizations operating in the Europe space carbon fiber composite market has been carried out, which will help the reader to understand how players are performing, exhibiting a clear market landscape. In addition to this, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The featured companies have been meticulously chosen, drawing insights from primary experts and thorough evaluations of company coverage, product offerings, and market presence.
Some prominent names established in this market are:
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Table of Contents
Executive Summary
Scope of the Study
1. Markets
- 1.1. Industry Outlook
- 1.1.1. Composite Materials for Space Applications: Overview
- 1.1.2. Trends Fueling Space Carbon Fiber Composite Market
- 1.1.3. Ongoing and Upcoming Programs
- 1.1.3.1. European Union Space Carbon Project
- 1.1.3.2. NASA's Super Lightweight Aerospace Composites (SAC)
- 1.1.3.3. Oak Ridge National Laboratory Carbon-Carbon Composites
- 1.1.4. Key Composite Suppliers
- 1.2. Business Dynamics
- 1.2.1. Business Drivers
- 1.2.1.1. Increase in the Demand for Satellites
- 1.2.1.2. Growing Number of Deep Space Exploration Programs
- 1.2.1.3. Increase in the Utilization of Carbon Fiber Composite in Small Launch Vehicles
- 1.2.2. Business Challenges
- 1.2.2.1. High Production Costs
- 1.2.2.2. Utilization of Alternate Materials
- 1.2.3. Business Strategies
- 1.2.4. Business Strategies
- 1.2.4.1. New Product Launch
- 1.2.5. Corporate Strategies
- 1.2.5.1. Partnerships
- 1.2.6. Business Opportunities
- 1.2.6.1. Opportunities for Satellite Manufacturers
- 1.2.6.2. Opportunities in the Launch Vehicle Manufacturing
- 1.2.6.3. Opportunities in Deep Space Exploration
- 1.2.1. Business Drivers
2. Europe
- 2.1. Space Carbon Fiber Composite Market (by Region)
- 2.2. Europe
- 2.2.1. Markets
- 2.2.1.1. Key Space Carbon Fiber Composite Players in Europe
- 2.2.1.2. Business Drivers
- 2.2.1.3. Business Challenges
- 2.2.2. Application
- 2.2.2.1. Europe Space Carbon Fiber Composite Market (by Application)
- 2.2.3. Europe (by Country)
- 2.2.3.1. Germany
- 2.2.3.1.1. Markets
- 2.2.3.1.1.1. Key Space Carbon Fiber Composite Players in Germany
- 2.2.3.1.2. Application
- 2.2.3.1.2.1. Germany Space Carbon Fiber Composite Market (by Application)
- 2.2.3.1.1. Markets
- 2.2.3.2. France
- 2.2.3.2.1. Application
- 2.2.3.2.1.1. France Space Carbon Fiber Composite Market (by Application)
- 2.2.3.2.1. Application
- 2.2.3.3. Russia
- 2.2.3.3.1. Application
- 2.2.3.3.1.1. Russia Space Carbon Fiber Composite Market (by Application)
- 2.2.3.3.1. Application
- 2.2.3.4. U.K.
- 2.2.3.4.1. Market
- 2.2.3.4.1.1. Key Space Carbon Fiber Composite Players in the U.K.
- 2.2.3.4.2. Application
- 2.2.3.4.2.1. U.K. Space Carbon Fiber Composite Market (by Application)
- 2.2.3.4.1. Market
- 2.2.3.5. Rest-of-Europe
- 2.2.3.5.1. Market
- 2.2.3.5.1.1. Key Space Carbon Fiber Composite Players in Rest-of-Europe
- 2.2.3.5.2. Application
- 2.2.3.5.2.1. Rest-of-Europe Space Carbon Fiber Composite Market (by Application)
- 2.2.3.5.1. Market
- 2.2.3.1. Germany
- 2.2.1. Markets
3. Markets - Competitive Benchmarking & Company Profiles
- 3.1. Market Share Analysis
- 3.2. Composite Companies
- 3.2.1. Airborne
- 3.2.1.1. Company Overview
- 3.2.1.1.1. Role of Airborne in the Space Carbon Fiber Composite Market
- 3.2.1.1.2. Customers
- 3.2.1.1.3. Product Portfolio
- 3.2.1.2. Business Strategies
- 3.2.1.2.1. Investment
- 3.2.1.3. Corporate Strategies
- 3.2.1.3.1. Partnerships, Collaborations, Agreements, and Contracts
- 3.2.1.4. Analyst View
- 3.2.1.1. Company Overview
- 3.2.2. CarboSpaceTech GmbH
- 3.2.2.1. Company Overview
- 3.2.2.1.1. Role of CarboSpaceTech GmbH in the Space Carbon Fiber Composite Market
- 3.2.2.1.2. Customers
- 3.2.2.1.3. Product Portfolio
- 3.2.2.2. Analyst View
- 3.2.2.1. Company Overview
- 3.2.3. Oxeon AB
- 3.2.3.1. Company Overview
- 3.2.3.1.1. Role of Oxeon AB in the Space Carbon Fiber Composite Market
- 3.2.3.1.2. Customers
- 3.2.3.1.3. Product Portfolio
- 3.2.3.2. Business Strategies
- 3.2.3.2.1. New Product Launches
- 3.2.3.3. Analyst View
- 3.2.3.1. Company Overview
- 3.2.4. Peak Technology
- 3.2.4.1. Company Overview
- 3.2.4.1.1. Role of Peak Technology in the Space Carbon Fiber Composite Market
- 3.2.4.1.2. Customers
- 3.2.4.1.3. Product Portfolio
- 3.2.4.2. Corporate Strategies
- 3.2.4.2.1. Partnerships, Collaborations, Agreements, and Contracts
- 3.2.4.3. Analyst View
- 3.2.4.1. Company Overview
- 3.2.5. RUAG Group (Beyond Gravity)
- 3.2.5.1. Company Overview
- 3.2.5.1.1. Role of RUAG Group (Beyond Gravity) in the Space Carbon Fiber Composite Market
- 3.2.5.1.2. Customers
- 3.2.5.1.3. Product Portfolio
- 3.2.5.2. Corporate Strategies
- 3.2.5.2.1. Partnerships, Collaborations, Agreements, and Contracts
- 3.2.5.3. Analyst View
- 3.2.5.1. Company Overview
- 3.2.6. SGL Carbon SE
- 3.2.6.1. Company Overview
- 3.2.6.1.1. Role of SGL Carbon SE in the Space Carbon Fiber Composite Market
- 3.2.6.1.2. Customers
- 3.2.6.1.3. Product Portfolio
- 3.2.6.2. Analyst View
- 3.2.6.1. Company Overview
- 3.2.7. Thales Group
- 3.2.7.1. Company Overview
- 3.2.7.1.1. Role of Thales Group in the Space Carbon Fiber Composite Market
- 3.2.7.1.2. Product Portfolio
- 3.2.7.2. Corporate Strategies
- 3.2.7.2.1. Partnerships, Collaborations, Agreements, Investments, and Contracts
- 3.2.7.3. Analyst View
- 3.2.7.1. Company Overview
- 3.2.8. Airbus S.A.S
- 3.2.8.1. Company Overview
- 3.2.8.1.1. Role of Airbus S.A.S in the Space Carbon Fiber Composite Market
- 3.2.8.1.2. Product Portfolio
- 3.2.8.2. Corporate Strategies
- 3.2.8.2.1. Partnerships, Collaborations, Agreements, and Contracts
- 3.2.8.3. Analyst View
- 3.2.8.1. Company Overview
- 3.2.9. ArianeGroup
- 3.2.9.1. Company Overview
- 3.2.9.1.1. Role of ArianeGroup in the Space Carbon Fiber Composite Market
- 3.2.9.1.2. Product Portfolio
- 3.2.9.2. Corporate Strategies
- 3.2.9.2.1. Partnerships, Collaborations, Agreements, Investments, and Contracts
- 3.2.9.3. Analyst View
- 3.2.9.1. Company Overview
- 3.2.1. Airborne
4. Research Methodology
- 4.1. Factors for Data Prediction and Modeling
List of Figures
- Figure 1: Europe Space Carbon Fiber Composite Market, $Million, 2022 and 2033
- Figure 2: Europe Space Carbon Fiber Composite Market (by Application), $Million, 2022 and 2033
- Figure 3: Space Carbon Fiber Composite Market (by Region), $Million, 2023
- Figure 4: Key Composite Suppliers for Satellite Application
- Figure 5: Key Composite Suppliers for Launch Vehicle Application
- Figure 6: Space Carbon Fiber Composite Market: Business Dynamics
- Figure 7: Global Satellite Launch Forecast, Volume (Unit), 2021-2032
- Figure 8: Share of Key Market Strategies and Developments, January 2020-April 2023
- Figure 9: Space Carbon Fiber Composite Market Share (by Company), 2022
- Figure 10: Research Methodology
- Figure 11: Top-Down and Bottom-Up Approach
- Figure 12: Assumptions and Limitations
List of Tables
- Table 1: Aerospace-Grade Materials Cost
- Table 2: New Product Development, January 2018-April 2023
- Table 3: Investments, January 2018-April 2023
- Table 4: Partnerships, Collaborations, Agreements, and Contracts, 2020-2022
- Table 5: Mergers and Acquisitions, January 2019-April 2023
- Table 6: Space Carbon Fiber Composite Market (by Region), $Million, 2022-2033
- Table 7: Europe Space Carbon Fiber Composite Market (by Application), $Million, 2022-2033
- Table 8: Germany Space Carbon Fiber Composite Market (by Application), $Million, 2022-2033
- Table 9: France Space Carbon Fiber Composite Market (by Application), $Million, 2022-2033
- Table 10: Russia Space Carbon Fiber Composite Market (by Application), $Million, 2022-2033
- Table 11: U.K. Space Carbon Fiber Composite Market (by Application), $Million, 2022-2033
- Table 12: Rest-of-Europe Space Carbon Fiber Composite Market (by Application), $Million, 2022-2033
- Table 13: Airborne: Product Portfolio
- Table 14: Airborne: Investment
- Table 15: Airborne: Partnerships, Collaborations, Agreements, Investments, and Contracts
- Table 16: CarboSpaceTech GmbH: Product Portfolio
- Table 17: Oxeon AB: Product Portfolio
- Table 18: Oxeon AB: New Product Launches
- Table 19: Peak Technology: Product Portfolio
- Table 20: Peak Technology: Partnerships, Collaborations, Agreements, Investments, and Contracts
- Table 21: RUAG Group: Product Portfolio
- Table 22: RUAG Group: Partnerships, Collaborations, Agreements, Investments, and Contracts
- Table 23: SGL Carbon SE: Product Portfolio
- Table 24: Thales Group: Product Portfolio
- Table 25: Thales: Partnerships, Collaborations, Agreements, Investments, and Contracts
- Table 26: Airbus S.A.S: Product Portfolio
- Table 27: Airbus S.A.S: Partnerships, Collaborations, Agreements, and Contracts
- Table 28: ArianeGroup: Product and Service Portfolio
- Table 29: ArianeGroup: Partnerships, Collaborations, Agreements, Investments, and Contracts
