In Space Manufacturing Market

In Space Manufacturing Companies - Allevi Inc. (US) and Global Graphene Group, Inc. (US) are the Key Players

The In-Space manufacturing market is estimated to grow from USD 4.6 Billion in 2030 to USD 62.8 Billion by 2040, at a CAGR of 29.7% from 2030 to 2040. North America is estimated to account for the largest share of the In space manufacturing market in 2030.

In-space manufacturing refers to the concept of producing finished or semi-finished products in space, typically in orbit, and then using these products either in space itself or on Earth. The market is is expected to cater to wide range of industries including manufacturing , technology, automotive, healthcare and pharmaceutical industries. The manufacturing of advanced materials such as Quantum dots , perfect spheres and uniformly cooled traction motor components that are currently challenging on earth, are cost effective and feasible to manufacture in space, due to the vacuum and microgravity environment that reduce the risk of contaminants, provide uniform flow and enable highly precise manufacturing processes to realize. 

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The In space manufacturing market based on the product technology has been segmented in to 12 segments: Perovskite Photovoltaics cell,Graphene and solid-state Lithium batteries ,Proton Exchange membrane cells,Traction motor,Hydrogen propulsion system ,Insulin,Electromagnetic metamaterials antennas,Perfect spheres bearings,Quantum Dots Display,Tissue /organ,Zblan fiber optics,Zeolite crystal. Based on the End Use, the market has been segmented into government & military and Commercial users. The applications of the high quality finished and semi finished products are in govt & military use cases include high end lasers, high quality aerospace bearing , space based repair and inventory of hardware such as antennas – among others. Based on the point of end use, the In space manufacturing market has been segmented into terrestrial and space markets. The terrestrial markets for high precision products are set to increase and the demand for certain products such as perovskite cells and metamterial antennas for use in space itself is expected to be a key offering for  space service providers such as satellite operators in the future.

 The In space manufacturing market is segmented according to four key regions in this report, namely, North America, Europe, Asia Pacific, and the  Rest of the World (RoW), along with their key countries.

In space manufacturing, which is currently at a nascent stage, is expected to become a core part of  future In-space economy. This economy is expected to generate revenue using assets in orbits or beyond Earth orbit for use in space as well as terrestrial consumption. Several underlying developments have lead to the increased momentum for space based manufacturing.  Key among them were microgravity experiments, reduced launch costs of commercial payloads and the advancements in additive manufacturing processes providing the synergies to demonstrate that in space manufacturing is feasible and in the near future is economically viable as well.

Major In-Space Manufacturing Companies Include:

  • Allevi Inc. (US)
  • Global Graphene Group, Inc. (US)
  • Le Verre Fluore Fiber Solutions(France)
  • Nedstack Fuel cell Technology BV (Netherlands)
  • Echodyne Corporation(US)

Agreements, collaborations, new product developments, contracts, expansion, acquisitions, and partnerships are among some of the key strategies adopted by the leading market players to strengthen and sustain their position in the in the In space manufacturing market.For example, in October 2021, Echodyne announced the launch of EchoShield, an advanced software-defined multi-mission radar, setting a new standard for mid-range radar performance and cost-effectiveness.  Echodyne's  MESA radar technology, EchoShield is developed for various commercial, defense, and government applications, including counter-UAS, security, intelligence, UAV detection, and autonomous ground vehicles. 

ALLEVI INC

Allevi is a biotechnology company that develops and manufactures 3D Bioprinters and bioinks, cells and software solutions for 3D bio-printers in the healthcare market. The company has developed desktop 3D bio-printers that require less infrastructure and lower power. Allevi was acquired  3D systems, a US based technology that specializes in developing 3D printing systems, recently in 2021. The company manufactures 3 types of bio-printers, bio-inks suited for printing live and functional tissues. Being a core biotech company that provides solutions for critical  healthcare problems like organ failure and transplants, it is expected to benefit from improved testing and regulatory laws passed under the FDA Modernization Act 2.0. The new regulation will expand on the safety and testing options for pharmaceutical and cosmetic companies and improve the selection criteria of 3D printed tissues and vasculature for commercial use.

Global Graphene Group, Inc. (G3)

Global Graphene Group, Inc. (G3)  is US based material science and technology solutions company centered on graphene based power solutions. The company has an intellectual property portfolio featuring over 525 patents and applications pertaining to graphene innovation, leading to advanced batteries and products. The company has three main subsidiaries: Taiwan Graphene company, Honeycomb Battery and Angstron Energy. Taiwan Graphene Company leads globally in single-layer graphene production, emphasizing high-volume manufacturing of graphene raw materials. They specialize in enhancing thermal interface materials like films, pastes, and inks, and also create nanocomposite products in both thermoplastics and thermosets. Honeycomb Battery is dedicated to advancing next-generation lithium-ion battery electrodes and boosting battery performance with graphene-based solutions, all while improving reliability. Meanwhile, Angstron Energy Company manufactures graphene-coated nano silicon particles to enhance anode stability, reduce capacity loss through pre-lithiation, and significantly cut the cost of goods. Notably, they operate the largest silicon anode production line in the US.

Le Verre Fluore  Fiber Solutions

Le Verre Fluore  Fiber Solutions is a French private company that specializes in the development of optical hardware. The company is one of the earliest to invest in the development of fiber optics and specializes in the manufacturing of ZBLAN fibers. The company’s product offerings include passive and active fibers, fluoride glasses as well as optical fiber components for  research, healthcare and industrial applications. The company has a broad range of ZBLAN optical fibers designed for a broad optical spectrum from the UV to the mid-infrared. Its fiber bundle products are broadly of 3 types based on their composition: ZFG (Zirconium ZrF4 Fluoride Glass) fiber products, IFG (Indium InF3 Fluoride Glass) based fibers and AFG (Aluminum AlF3 Fluoride Glass) based fibers. ZFG fibers are optimal for use in the 0.3 to 4.5 µm(micrometer) spectrum, IFG are used in the 0.3 – 5.5 µm spectrum and AFG fibers used mainly for end-capping solutions.

Nedstack Fuel Cell Technology BV

Nedstack Fuel Cell Technology BV is a leading Dutch company in the development and manufacturing of Proton Exchange Membrane (PEM) fuel cell stacks and systems. The company provides fuel cell products and solutions for mission critical applications in Maritime, Industry, Off-grid and Built Environment domains. The company is a major player in the hydrogen based green energy and power systems domain with projects including 1 Mwe and 2 Mwe PEM based powerplants. In 2018, the company began its expansion to the maritime market with a joint venture with GE to build a maritime Mwe powerplant

Echodyne Corporation.

Echodyne Corporation is a US based company that develops and manufactures advanced radar systems. The company's radar systems are used in a variety of applications, including autonomous vehicles, UAS, security and surveillance, industrial automation, and government and defense. Echodyne’s advanced radar products use patented metamaterials electronically scanned array (MESA) technology in a compact solid-state format that detects, tracks, and classifies objects of interest on the ground or in the air. The company is  privately held and has is backed by major investors such as  Bill Gates, NEA, Madrona Venture Group, Baillie Gifford, and Northrop Grumman.

Related Reports:

In Space Manufacturing Market by Product Technology (Perovskite Photovoltaics cell,Graphene and solid-state Lithium batteries, Exchange membrane cells,Traction motor,Hydrogen propulsion system ,Insulin), End Use and Region - Global Forecast to 2040

Contact:
Mr. Aashish Mehra
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[email protected]

In Space Manufacturing Market Size,  Share & Growth Report
Report Code
AS 8837
RI Published ON
11/2/2023
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