Sub-Orbital Testing Services to Become a USD 30.7 Million Market in Europe by 2032- BIS Research

The Europe sub-orbital testing services market, comprising nations like the U.K., France, Germany, and Russia, is characterized by robust manufacturing and research and development hubs. The presence of the European Space Agency (ESA) has facilitated collaborations with space companies to demonstrate space transportation and testing capabilities. The Europe sub-orbital testing services market is estimated to reach $30.7 million by 2032 from $16.4 million in 2022, at a CAGR of 6.48% during the forecast period 2022-2032.

Market Analysis: Trends, Data, and Growth Projections

As more providers enter the Europe sub-orbital testing services market, competition is expected to drive down the cost of sub-orbital missions. The market’s applications span Earth observation, scientific/technology demonstrations, and education, with government and defense agencies utilizing high-altitude balloons for remote sensing. Increasingly, space agencies like NASA support research institutions and startups in the sub-orbital testing services market through programs like Flight Opportunities.

BIS Research, a leading market research firm, has released a report titled- Europe Sub-orbital Testing Services Market, which discusses the challenges, growth factors, and future opportunities driving the remarkable growth of the European sub-orbital testing services market.

Key Players and Market Segments

Some major companies operating in the Europe sub-orbital testing services market are:

European Space Agency (ESA)
United Kingdom Space Agency
PLD Space
Skyrora Limited
Success Rockets
Zero 2 Infinity S.L
Starchaser Industries Ltd.
Dawn Aerospace
CNIM Air Space
SpaceForest
Zephalto
Novespace
HyImpulse
National Centre for Space Studies (CNES)
German Aerospace Center (DLR)
Swedish Space Corporation

The Europe sub-orbital testing services market is strategically segmented to capture the industry’s growth dynamics. Based on payload capacity, the first segmentation classifies services into four categories: 1-50 Kg, 51-200 Kg, 201-500 Kg, and 501 Kg and Above. The 501 kg and above segment is expected to dominate the market with a CAGR of 6.48% from 2022-2032.

The second segmentation focuses on application types, distinguishing between Human-Tended and Automated testing services. Automated testing services dominate the application segment.

Finally, the third segmentation is based on countries, including France, Germany, Russia, the U.K., and the rest of Europe.

Market Drivers, Challenges, and Opportunities

Growing demand from diverse end-users is prompting investments in sub-orbital launch vehicle platforms within the European sub-orbital testing services market. The sector faces high costs and lengthy testing procedures associated with sub-orbital launches, limiting customer utilization. The potential for cost reduction lies in the reusability of sub-orbital platforms. However, few prominent companies offer reusable solutions, granting significant pricing power to service providers due to limited competition.

The future is poised for increased competition as more players enter the European sub-orbital market, leading to reduced launch costs for sub-orbital testing services. The expanding deployment of small satellites, particularly in the 1-50 kg satellite mass segment, is expected to drive a surge in demand for sub-orbital testing services between 2022 and 2032. This demand spike is attributed to smaller spacecraft often using Commercial Off-The-Shelf (COTS) subsystems and components that lack typical space certification.

Related Reports

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Analyst Note

BIS’s principal analyst suggests: “Multiple small-satellite operators are entering the space markets, and many are utilizing commercial off-the-shelf components not necessarily built for space applications. This trend imposes a relatively higher risk of system failure on those missions. While microgravity testing can help them evaluate their systems before launch, the prohibitive cost of suborbital flights has kept them away from this market. However, multiple launch service providers are developing new platforms to provide affordable microgravity test opportunities to the space market participants. With the launch costs coming down, this market is expected to grow over the long term.”

About BIS Research

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish over 200 market intelligence studies annually, focusing on several deep technology verticals.

Our strategic market analysis emphasizes market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

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