Cislunar infrastructure refers to the physical and technological assets required to support human activities and space missions in the region between Earth and the Moon. This report aims to provide the space industry participants with valuable insights into the current trends, challenges, and opportunities within each segment of the market.
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The propulsion systems segment of the cislunar infrastructure market is witnessing rapid advancements driven by increasing demand for efficient and reliable transportation of payloads within the cislunar space. Traditional chemical propulsion systems are being supplemented and, in some cases, replaced by emerging technologies such as electric propulsion, nuclear propulsion, and solar sail propulsion. The market is characterized by a growing emphasis on reducing travel times, enhancing fuel efficiency, and improving maneuverability. Key players are investing in research and development to develop novel propulsion systems capable of meeting the evolving demands of cislunar missions.
The global cislunar infrastructure market is estimated to reach $14.64 billion in 2033 from $3.77 billion in 2022, at a growth rate of 11.94% during the forecast period 2023-2033.
Furthermore, the report presents a detailed analysis of the competitive landscape of the cislunar infrastructure market, including the profiles of the key players in the industry, product portfolio, research and development activities, and business strategies. The company profile also highlights the key collaborations, partnerships, and acquisitions in the industry that are driving the market.
Recent Developments in the Global Cislunar Infrastructure Market
- In May 2023, Blue Origin won a $3.4 billion contract from NASA for its Artemis program to develop and deliver its Blue Moon lunar lander as a second lander option for the Artemis lunar missions.
- In May 2023, the Exploration Company received a contract from the European Space Agency (ESA) to examine potential approaches for a future European spacecraft, both non-reusable and reusable systems, encompassing a wide range of applications including micro-mini classes, medium class, heavy class, and crewed missions.
- In November 2022, Advanced Space, LLC won a $72 million contract from the U.S. Air Force Research Laboratory (AFRL) to develop an experimental spacecraft for cislunar operations. Formerly known as the Cislunar Highway Patrol System (CHPS), the Oracle spacecraft will be launched in 2025 and will conduct two years of Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE).
- In July 2021, Northrop Grumman received two contracts worth $1.1 billion from NASA for the design, development, and delivery of the Habitation and Logistics Outpost (HALO) module, which is to be incorporated in the Lunar Gateway by November 2024.
- In April 2021, SpaceX received a $2.9 billion contract from NASA under its Artemis program to develop and deliver its starship (lunar variant) as the primary lunar lander of the Artemis missions.
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Cislunar Infrastructure Market by Region
- North America
- Europe
- Asia-Pacific
- Rest-of-the-World
Europe is the highest-growing market among all the regions registering a CAGR of 12.80%. Europe is anticipated to gain traction in terms of cislunar infrastructure developments owing to the presence of a large number of cislunar infrastructure players and multiple international collaborations. Europe Space Agency (ESA) is a key collaborative partner in all the major cislunar infrastructure developments, including NASA’s Artemis program, Roscosmos’s Luna program, and China’s International Lunar Research Station (ILRS) program.
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In Europe, Rest-of-Europe is having the highest growth in the cislunar infrastructure market. The Rest-of-Europe market is anticipated to grow at a CAGR of 13.18%. The rest-of-Europe market primordially includes Germany, Russia, Luxembourg, Italy, and the Netherlands.
Competitive Landscape
The competitive landscape of the global cislunar infrastructure market consists of several organic and inorganic strategies followed by the key players to increase their market share. The strategies include product innovations, contracts, partnerships, acquisitions, and business expansions, among others.
Some of the key players in the global cislunar infrastructure market include MDA Space, Momentus Space, Northrop Grumman, Orbit Fab, SpaceX, and more. These companies are aiming for a wide range of partnerships, collaborations, agreements, and contracts to expand their operations and increase their market presence globally to generate revenues and attract new customers.
The global Charging Infrastructure Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the charging infrastructure market include Chargepoint Inc., ABB Ltd., Tesla Inc., BP Chargemaster, EVGO Services LLC, Semaconnect Network, Greenlots, and EV Connect, Electrify America LLC, Opconnect, Inc., Webasto Group, Engie SA, Schneider Electric SE, Siemens AG, Efacec Power Solutions, Allego, Alfen, Leviton, Tgood, Clippercreek, Inc., and Blink Charging Co.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Charging Infrastructure Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/charging-infrastructure-market/download-sampleMarket DynamicsThe global charging infrastructure market will witness tremendous growth during the forecast period.
Spurring electro-mobility, expanding carbon emission, and growing sustainable government initiatives by various economies are projected to drive demand for charging infrastructure.
Countries like Germany, Japan, Netherlands, Norway, United Kingdom, China, and United States are investing heavily in the market.
