The global sub-orbital testing services market is estimated to reach $178.1 million in 2032 from $122.4 million in 2022, at a CAGR of 3.82% during the forecast period 2022-2032. The sub-orbital testing service providers have witnessed the demand from the government, research institutions, and growing commercial industry.

Market Lifecycle Stage

The sub-orbital testing services has a long history as government agencies have been using sub-orbital platforms such as sounding rocket to test payload at higher altitude. So, the sub-orbital testing services market was mostly dominated by the end users such as the National Aeronautics and Space Administration (NASA) and European Space Agency (ESA).

Furthermore, in recent years the sub-orbital testing services market has witnessed commercial applications, and private companies have shown their interest in sending their technologies to be tested in the near space environment. Additionally, research institutions and colleges are the major end user that are utilizing the sub-orbital testing services as the government agencies are providing support through its programs such as NASA’s Flight Opportunities.

In recent years, the sub-orbital testing services market has witnessed commercial players offering reusable sub-orbital platforms, such as Blue Origin and Virgin Galactic. These platforms can conduct multiple flights with just minor refurbishment required. Hence, the sub-orbital testing services market has emerged with the capability of serving more sub-orbital missions.

Furthermore, the rise in the deployment of small satellites in low Earth orbit (LEO) will generate demand in the sub-orbital testing services market. The small satellites use many commercial-off-the-shelf (COTS) subsystems and components that are usually not space qualified. So, satellite manufacturers/operators will utilize sub-orbital testing services to validate their products.

Impact

The global sub-orbital testing services market is observing rising demand across various end users, which drives the development of investments across the sub-orbital launch vehicle platforms. The major challenge in the sub-orbital testing services market is the expensive sub-orbital launches and time-intensive testing process. This leads to fewer customers utilizing the sub-orbital services. Hence, the reusability of sub-orbital platforms can bring down the cost. However, as only some key companies are offering reusable sub-orbital platforms, the pricing power is with service providers owing to less competition.

Furthermore, in the upcoming years, more companies will enter the sub-orbital market and reduce the sub-orbital testing service launch cost. Additionally, the emerging deployment of small satellites will increase the demand for sub-orbital testing services, especially the 1-50 kg satellite mass segment. The 1-50 kg satellites use maximum COTS subsystems and components, which generally are not space qualified. So, the sub-orbital testing service providers will experience greater demand in the forecast period 2022-2032.

Market Segmentation:

Segmentation 1: by Payload Capacity

• 1-50 Kg
• 51-200 Kg
• 201-500 Kg
• 501 Kg and Above

Segmentation 2: by Application

• Human-Tended
• Automated

Segmentation 3: by End User
• Government
• Commercial
• Defense
• Research Institutions

Segmentation 4: by Region
• North America – U.S. and Canada
• Europe – France, Germany, Russia, U.K., and Rest-of-Europe
• Asia-Pacific – China, India, Japan, and Rest-of-Asia-Pacific
• Rest-of-the-World – Middle East and Africa and Latin America

North America is expected to dominate the global sub-orbital testing services market during the forecast period. The factor attributing to the growth of this region is the high presence of the key companies highly engaged in developing and demonstrating sub-orbital testing services capabilities in the region.

Recent Developments in Global Sub-Orbital Testing Services Market

• In November 2022, Virgin Galactic signed an agreement with Axiom Space, a commercial space company, to provide microgravity research and training. The company would provide Axiom’s astronauts a trip to the sub-orbit region to train them for future long-duration space missions.
• World View Enterprises, Inc, under collaboration with the National Aeronautics and Space Administration (NASA), will provide high-altitude balloon services to the winner of NASA’s TechRise Student Challenge. The company will carry students’ scientific/technology experiments to the edge of space on its stratospheric balloon platform.
• In July 2022, Virgin Galactic signed a contract with Boeing Subsidiary Aurora Flight Sciences to partner in developing the company’s new motherships. The Aurora Flight services would build the two motherships capable of conducting 200 launches a year, carrying Virgin’s Spaceship to an altitude of 50,000 and releasing it.

Demand – Drivers and Limitations

Following are the drivers for the global sub-orbital testing services market:

• Need for Microgravity Testing Services
• Limitations of Terrestrial Testing Service Capabilities

Following are the challenges for the global sub-orbital testing services market:

• Expensive Sub-Orbital Flight
• Time Intensive Testing Process
• Safety Concerns Associated with Impact Landing
• Policy Challenges for Sub-Orbital Flights

Following are the opportunities for the global sub-orbital testing services market:

• Companies Offer Human-Tended Sub-Orbital Research

How can this report add value to an organization?

Product/Innovation Strategy: The service segment helps the reader understand the different end users that will generate the demand for sub-orbital testing services globally. Moreover, the study provides the reader with a detailed understanding of the different sub-orbital testing services market based on payload capacity (1-50 kg, 51-200 kg, 201-500 kg, and 501 kg and above), application (automated and human-tended), and end user (government, commercial, defense, and research institutions).

Growth/Marketing Strategy: The global sub-orbital testing services market has seen major development by key players operating in the market, such as business expansion activities, contracts, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracted to strengthen their position in the global sub-orbital testing services market. For instance, in November 2021, Aerostar received a contract from the U.S. Department of Defense (DoD) for its Defense Innovation Unit (DIU) to provide high-altitude platform solutions. The company will demonstrate the applications of stratospheric balloons for the DoD’s real-time military field operational needs.

Competitive Strategy: Key players in the global sub-orbital testing services market analyzed and profiled in the study involve sub-orbital testing service providers. Moreover, a detailed competitive benchmarking of the players operating in the global sub-orbital testing services market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of the company’s coverage, product portfolio, and market penetration.

The top segment players leading the market include established players of sub-orbital testing services that constitute 69% of the presence in the market. Other players include start-up entities that account for approximately 31% of the presence in the market.

Key Companies Profiled

• Aerostar
• Blue Origin
• bluShift Aerospace, Inc.
• Dawn Aerospace
• Equatorial Space Inc.
• Exos Aerospace Systems & Technologies, Inc.
• Interstellar Technologies Inc.
• Near Space Corporation
• PD AeroSpace, LTD
• PLD Space
• Skyrora Limited
• SpinLaunch
• UP Aerospace
• Virgin Galactic
• World View Enterprises, Inc

Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Sub-Orbital Testing Services Market: Overview
1.1.1.1 Types of Sub-Orbital Testing
1.1.1.1.1 Automated
1.1.1.1.2 Human-Tended
1.1.1.2 Limitations of Existing Terrestrial Testing Services
1.1.1.3 Key Use Cases
1.1.2 Ongoing Programs
1.1.2.1 NASA’s Flight Opportunities Program
1.1.2.2 NASA Sounding Rocket Program (NSRP)
1.1.3 Sub-Orbital Testing Services Platforms
1.1.3.1 Sub-Orbital Reusable Launch Vehicle (SRLV)
1.1.3.2 Sounding Rocket
1.1.3.3 Fixed-Winged Platform (Parabolic Flights)
1.1.3.4 High-Altitude Balloons
1.1.4 Start-Ups and Investment Scenario
1.1.5 Commercial Sub-Orbital Launch Sites and Spaceports
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Need for Microgravity Testing Services
1.2.1.2 Limitations of Terrestrial Testing Service Capabilities
1.2.2 Business Challenges
1.2.2.1 Expensive Sub-Orbital Flight
1.2.2.2 Time Intensive Testing Process
1.2.2.3 Safety Concerns Associated with Impact Landing
1.2.2.4 Policy Challenges for Sub-Orbital Flights
1.2.3 Business Strategies
1.2.3.1 New Product Launches
1.2.4 Corporate Strategies
1.2.4.1 Partnerships, Collaborations, Agreements, and Contracts
1.2.4.2 Mergers and Acquisitions
1.2.5 Business Opportunities
1.2.5.1 Companies Offer Human-Tended Sub-Orbital Research
2 Service
2.1 Global Sub-Orbital Testing Services Market (by Payload Capacity)
2.1.1 Market Overview
2.1.1.1 Demand Analysis for Global Sub-Orbital Testing Services Market (by Payload Capacity)
2.1.2 1-50 Kg
2.1.3 51-200 Kg
2.1.4 201-500 Kg
2.1.5 501 Kg and Above
2.2 Global Sub-Orbital Testing Services Market (by Application)
2.2.1 Market Overview
2.2.1.1 Demand Analysis for Global Sub-Orbital Testing Services Market (by Application)
2.2.2 Automated
2.2.3 Human-Tended
2.3 Global Sub-Orbital Testing Services Market (by End User)
2.3.1 Market Overview
2.3.1.1 Demand Analysis for Global Sub-Orbital Testing Services Market (by End User), Value Data
2.3.2 Government
2.3.3 Commercial
2.3.4 Defense
2.3.5 Research Institutions
3 Region
3.1 Global Sub-Orbital Testing Services Market (by Region)
3.2 North America
3.2.1 Market
3.2.1.1 Key Manufacturers and Service Providers in North America
3.2.2 Service
3.2.2.1 North America Sub-Orbital Testing Services Market (by Payload Capacity)
3.2.2.2 North America Sub-Orbital Testing Services Market (by Application)
3.2.3 North America (by Country)
3.2.3.1 U.S.
3.2.3.1.1 Market
3.2.3.1.1.1 Key Manufacturers and Service Providers in the U.S.
3.2.3.1.2 Service
3.2.3.1.2.1 U.S. Sub-Orbital Testing Services Market (by Payload Capacity)
3.2.3.1.2.2 U.S. Sub-Orbital Testing Services Market (by Application)
3.2.3.2 Canada
3.2.3.2.1 Market
3.2.3.2.1.1 Key Manufacturers and Service Providers in Canada
3.2.3.2.2 Service
3.2.3.2.2.1 Canada Sub-Orbital Testing Services Market (by Payload Capacity)
3.2.3.2.2.2 Canada Sub-Orbital Testing Services Market (by Application)
3.3 Europe
3.3.1 Market
3.3.1.1 Key Manufacturers and Service Providers in Europe
3.3.2 Service
3.3.2.1 Europe Sub-Orbital Testing Services Market (by Payload Capacity)
3.3.2.2 Europe Sub-Orbital Testing Services Market (by Application)
3.3.3 Europe (by Country)
3.3.3.1 Germany
3.3.3.1.1 Market
3.3.3.1.1.1 Key Manufacturers and Service Providers in Germany
3.3.3.1.2 Service
3.3.3.1.2.1 Germany Sub-Orbital Testing Services Market (by Payload Capacity)
3.3.3.1.2.2 Germany Sub-Orbital Testing Services Market (by Application)
3.3.3.2 U.K.
3.3.3.2.1 Market
3.3.3.2.1.1 Key Manufacturers and Service Providers in the U.K.
3.3.3.2.2 Service
3.3.3.2.2.1 U.K. Sub-Orbital Testing Services Market (by Payload Capacity)
3.3.3.2.2.2 U.K. Sub-Orbital Testing Services Market (by Application)
3.3.3.3 France
3.3.3.3.1 Market
3.3.3.3.1.1 Key Manufacturers and Service Providers in France
3.3.3.3.2 Service
3.3.3.3.2.1 France Sub-Orbital Testing Services Market (by Payload Capacity)
3.3.3.3.2.2 France Sub-Orbital Testing Services Market (by Application)
3.3.3.4 Russia
3.3.3.4.1 Market
3.3.3.4.1.1 Key Manufacturers and Service Providers in Russia
3.3.3.4.2 Service
3.3.3.4.2.1 Russia Sub-Orbital Testing Services Market (by Payload Capacity)
3.3.3.4.2.2 Russia Sub-Orbital Testing Services Market (by Application)
3.3.3.5 Rest-of-Europe
3.3.3.5.1 Market
3.3.3.5.1.1 Key Manufacturers and Service Providers in Rest-of-Europe
3.3.3.5.2 Service
3.3.3.5.2.1 Rest-of-Europe Sub-Orbital Testing Services Market (by Payload Capacity)
3.3.3.5.2.2 Rest-of-Europe Sub-Orbital Testing Services Market (by Application)
3.4 Asia-Pacific
3.4.1 Market
3.4.1.1 Key Manufacturers and Service Providers in Asia-Pacific
3.4.2 Service
3.4.2.1 Asia-Pacific Sub-Orbital Testing Services Market (by Payload Capacity)
3.4.2.2 Asia-Pacific Sub-Orbital Testing Services Market (by Application)
3.4.3 Asia-Pacific (by Country)
3.4.3.1 China
3.4.3.1.1 Market
3.4.3.1.1.1 Key Manufacturers and Service Providers in China
3.4.3.1.2 Service
3.4.3.1.2.1 China Sub-Orbital Testing Services Market (by Payload Capacity)
3.4.3.1.2.2 China Sub-Orbital Testing Services Market (by Application)
3.4.3.2 Japan
3.4.3.2.1 Market
3.4.3.2.1.1 Key Manufacturers and Service Providers in Japan
3.4.3.2.2 Service
3.4.3.2.2.1 Japan Sub-Orbital Testing Services Market (by Payload Capacity)
3.4.3.2.2.2 Japan Sub-Orbital Testing Services Market (by Application)
3.4.3.3 India
3.4.3.3.1 Market
3.4.3.3.1.1 Key Manufacturers and Service Providers in India
3.4.3.3.2 Service
3.4.3.3.2.1 India Sub-Orbital Testing Services Market (by Payload Capacity)
3.4.3.3.2.2 India Sub-Orbital Testing Services Market (by Application)
3.4.3.4 Rest-of-Asia-Pacific
3.4.3.4.1 Market
3.4.3.4.1.1 Key Manufacturers and Service Providers in Rest-of-Asia-Pacific
3.4.3.4.2 Service
3.4.3.4.2.1 Rest-of-Asia-Pacific Sub-Orbital Testing Services Market (by Payload Capacity)
3.4.3.4.2.2 Rest-of-Asia-Pacific Sub-Orbital Testing Services Market (by Application)
3.5 Rest-of-the-World
3.5.1 Market
3.5.1.1 Key Manufacturers and Service Providers in Rest-of-the-World
3.5.2 Service
3.5.2.1 Rest-of-the-World Sub-Orbital Testing Services Market (by Payload Capacity)
3.5.2.2 Rest-of-the-World Sub-Orbital Testing Services Market (by Application)
3.5.3 Rest-of-the-World (by Country)
3.5.3.1 Middle East and Africa
3.5.3.1.1 Market
3.5.3.1.1.1 Key Manufacturers in the Middle East and Africa
3.5.3.1.2 Service
3.5.3.1.2.1 Middle East and Africa Sub-Orbital Testing Services Market (by Payload Capacity)
3.5.3.1.2.2 Middle East and Africa Sub-Orbital Testing Services Market (by Application)
3.5.3.2 Latin America
3.5.3.2.1 Market
3.5.3.2.1.1 Key Manufacturers in Latin America
3.5.3.2.2 Service
3.5.3.2.2.1 Latin America Sub-Orbital Testing Services Market (by Payload Capacity)
3.5.3.2.2.2 Latin America Sub-Orbital Testing Services Market (by Application)
4 Markets – Competitive Benchmarking & Company Profiles
4.1 Market Share Analysis
4.2 Aerostar
4.2.1 Company Overview
4.2.1.1 Role of Aerostar in the Global Sub-Orbital Testing Services Market
4.2.1.2 Product Portfolio
4.2.2 Corporate Strategies
4.2.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.2.3 Business Strategies
4.2.3.1 Mergers and Acquisitions
4.2.4 Analyst View
4.3 Blue Origin
4.3.1 Company Overview
4.3.1.1 Role of Blue Origin in the Global Sub-Orbital Testing Services Market
4.3.1.2 Launch Site
4.3.1.3 Product Portfolio
4.3.2 Corporate Strategies
4.3.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.3.3 Business Strategies
4.3.3.1 Mergers and Acquisitions
4.3.4 Analyst View
4.4 bluShift Aerospace, Inc.
4.4.1 Company Overview
4.4.1.1 Role of bluShift Aerospace, Inc. in the Global Sub-Orbital Testing Services Market
4.4.1.2 Launch Site
4.4.1.3 Product Portfolio
4.4.2 Corporate Strategies
4.4.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.4.3 Analyst View
4.5 Dawn Aerospace
4.5.1 Company Overview
4.5.1.1 Role of Dawn Aerospace in the Global Sub-Orbital Testing Services Market
4.5.1.2 Launch Site
4.5.1.3 Product Portfolio
4.5.2 Corporate Strategies
4.5.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.5.3 Business Strategies
4.5.3.1 New Product Launches
4.5.4 Analyst View
4.6 Equatorial Space Inc.
4.6.1 Company Overview
4.6.1.1 Role of Equatorial Space Inc. in the Global Sub-Orbital Testing Services Market
4.6.1.2 Launch Site
4.6.1.3 Product Portfolio
4.6.2 Corporate Strategies
4.6.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.6.3 Analyst View
4.7 Exos Aerospace Systems & Technologies, Inc.
4.7.1 Company Overview
4.7.1.1 Role of Exos Aerospace Systems & Technologies, Inc. in the Global Sub-Orbital Testing Services Market
4.7.1.2 Launch Site
4.7.1.3 Product Portfolio
4.7.2 Corporate Strategies
4.7.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.7.3 Analyst View
4.8 Interstellar Technologies Inc.
4.8.1 Company Overview
4.8.1.1 Role of Interstellar Technologies Inc. in the Global Sub-Orbital Testing Services Market
4.8.1.2 Launch Site
4.8.1.3 Product Portfolio
4.8.2 Corporate Strategies
4.8.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.8.3 Analyst View
4.9 Near Space Corporation
4.9.1 Company Overview
4.9.1.1 Role of Near Space Corporation in the Global Sub-Orbital Testing Services Market
4.9.1.2 Launch Site
4.9.1.3 Product Portfolio
4.9.2 Corporate Strategies
4.9.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.9.3 Analyst View
4.1 PD AeroSpace, LTD
4.10.1 Company Overview
4.10.1.1 Role of PD AeroSpace, LTD in the Global Sub-Orbital Testing Services Market
4.10.1.2 Launch Site
4.10.1.3 Product Portfolio
4.10.2 Corporate Strategies
4.10.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.10.3 Analyst View
4.11 PLD Space
4.11.1 Company Overview
4.11.1.1 Role of PLD Space in the Global Sub-Orbital Testing Services Market
4.11.1.2 Launch Site
4.11.1.3 Product Portfolio
4.11.2 Corporate Strategies
4.11.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.11.3 Business Strategies
4.11.3.1 New Product Launches
4.11.4 Analyst View
4.12 Skyrora Limited
4.12.1 Company Overview
4.12.1.1 Role of Skyrora Limited in the Global Sub-Orbital Testing Services Market
4.12.1.2 Launch Site
4.12.1.3 Product Portfolio
4.12.2 Corporate Strategies
4.12.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.12.3 Analyst View
4.13 SpinLaunch
4.13.1 Company Overview
4.13.1.1 Role of SpinLaunch in the Global Sub-Orbital Testing Services Market
4.13.1.2 Launch Site
4.13.1.3 Product Portfolio
4.13.2 Corporate Strategies
4.13.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.13.3 Analyst View
4.14 UP Aerospace
4.14.1 Company Overview
4.14.1.1 Role of UP Aerospace in the Global Sub-Orbital Testing Services Market
4.14.1.2 Launch Site
4.14.1.3 Product Portfolio
4.14.2 Corporate Strategies
4.14.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.14.3 Analyst View
4.15 Virgin Galactic
4.15.1 Company Overview
4.15.1.1 Role of Virgin Galactic in the Global Sub-Orbital Testing Services Market
4.15.1.2 Launch Site
4.15.1.3 Product Portfolio
4.15.2 Corporate Strategies
4.15.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.15.3 R&D Analysis
4.15.4 Analyst View
4.16 World View Enterprises, Inc
4.16.1 Company Overview
4.16.1.1 Role of World View Enterprises, Inc in the Global Sub-Orbital Testing Services Market
4.16.1.2 Launch Site
4.16.1.3 Product Portfolio
4.16.2 Corporate Strategies
4.16.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
4.16.3 Analyst View
4.17 Other Key Players
4.17.1 Masten Space Systems (Astrobotic)
4.17.1.1 Company Overview
4.17.2 Zephalto
4.17.2.1 Company Overview
4.17.3 Black Sky Aerospace
4.17.3.1 Company Overview
5 Growth Opportunities and Recommendation
5.1 Growth Opportunities and Recommendations
5.1.1 Growth Opportunity: Implement Serial Production in Platform Manufacturing
5.1.1.1 Recommendations
5.1.2 Growth Opportunity: Need for Low-Cost Testing Services
5.1.2.1 Recommendations
6 Research Methodology
6.1 Factors for Data Prediction and Modeling
List of Figures
Figure 1: Global Sub-Orbital Testing Services Market, $Million, 2021-2032
Figure 2: Global Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2022 and 2032
Figure 3: Global Sub-Orbital Testing Services Market (by Application), $Million, 2022 and 2032
Figure 4: Global Sub-Orbital Testing Services Market (by End User), $Million, 2022 and 2032
Figure 5: Global Sub-Orbital Testing Services Market (by Region), $Million, 2022
Figure 6: Global Sub-Orbital Testing Services Market Coverage
Figure 7: Funding of Space Start-Ups (as of November 2022)
Figure 8: Global Sub-Orbital Testing Services Market, Business Dynamics
Figure 9: Share of Key Market Strategies and Developments, January 2020- November 2022
Figure 10: Global Sub-Orbital Testing Services Market (by Payload Capacity)
Figure 11: Global Sub-Orbital Testing Services Market (by Application)
Figure 12: Global Sub-Orbital Testing Services Market (by End User)
Figure 13: Global Sub-Orbital Testing Services Market Share (by Company), Fixed-Wing Platform, $Million, 2022
Figure 14: Global Sub-Orbital Testing Services Market Share (by Company), High-Altitude Balloons, $Million, 2022
Figure 15: Global Sub-Orbital Testing Services Market Share (by Company), Sounding Rocket, $Million, 2022
Figure 16: Global Sub-Orbital Testing Services Market Share (by Company), Sub-orbital Reusable Launch Vehicle (SRLV), $Million, 2022
Figure 17: Virgin Galactic: R&D Analysis, $Million, 2019-2021
Figure 18: Research Methodology
Figure 19: Top-Down Approach
Figure 20: Assumptions and Limitations
List of Tables
Table 1: Sub-Orbital Testing Services Market: Key Use Cases
Table 2: Start-Ups and Investment Scenario
Table 3: Commercial Sub-Orbital Launch Sites and Spaceports
Table 4: New Product Launches (by Company), January 2020-November 2022
Table 5: Partnerships, Collaborations, Agreements, and Contracts, January 2020-November 2022
Table 6: Mergers and Acquisitions, January 2020-November 2022
Table 7: Global Sub-Orbital Testing Services Market (Demand vs. Supply), 2022-2032
Table 8: Global Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 9: Global Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 10: Global Sub-Orbital Testing Services Market (by End User), $Million, 2021-2032
Table 11: Global Sub-Orbital Testing Services Market (by Region), $Million, 2021-2032
Table 12: North America Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 13: North America Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 14: U.S. Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 15: U.S. Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 16: Canada Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 17: Canada Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 18: Europe Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 19: Europe Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 20: Germany Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 21: Germany Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 22: U.K. Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 23: U.K. Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 24: France Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 25: France Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 26: Russia Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 27: Russia Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 28: Rest-of-Europe Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 29: Rest-of-Europe Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 30: Asia-Pacific Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 31: Europe Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 32: China Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 33: China Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 34: Japan Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 35: Japan Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 36: India Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 37: India Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 38: Rest-of-Asia-Pacific Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 39: Rest-of-Asia-Pacific Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 40: Rest-of-the-World Sub-Orbital Testing Services Market (by Payload Capacity, $Million, 2021-2032
Table 41: Rest-of-the-World Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 42: Middle East and Africa Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 43: Middle East and Africa Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 44: Latin America Sub-Orbital Testing Services Market (by Payload Capacity), $Million, 2021-2032
Table 45: Latin America Sub-Orbital Testing Services Market (by Application), $Million, 2021-2032
Table 46: Aerostar: Product Portfolio
Table 47: Aerostar:Collaborations and Contracts
Table 48: Aerostar: Mergers and Acquisitions
Table 49: Blue Origin: Launch Site
Table 50: Blue Origin: Product Portfolio
Table 51: Blue Origin:Partnerships and Contracts
Table 52: Blue Origin: Mergers and Acquisitions
Table 53: bluShift Aerospace, Inc.: Launch Site
Table 54: bluShift Aerospace, Inc.: Product Portfolio
Table 55: bluShift Aerospace, Inc.: Contracts
Table 56: Dawn Aerospace: Launch Site
Table 57: Dawn Aerospace: Product Portfolio
Table 58: Dawn Aerospace: Agreements and Contracts
Table 59: Dawn Aerospace: New Product Launches
Table 60: Equatorial Space Inc.: Launch Site
Table 61: Equatorial Space Inc.: Product Portfolio
Table 62: Equatorial Space Inc.:Agreements and Investments
Table 63: Exos Aerospace Systems & Technologies, Inc.: Launch Site
Table 64: Exos Aerospace Systems & Technologies, Inc.: Product Portfolio
Table 65: Exos Aerospace Systems & Technologies, Inc.: Contracts
Table 66: Interstellar Technologies Inc.: Launch Site
Table 67: Interstellar Technologies Inc.: Product Portfolio
Table 68: Interstellar Technologies Inc.: Collaborations
Table 69: Near Space Corporation: Launch Site
Table 70: Near Space Corporation: Product Portfolio
Table 71: Near Space Corporation: Agreements and Contracts
Table 72: PD AeroSpace, LTD: Launch Site
Table 73: PD AeroSpace, LTD: Product Portfolio
Table 74: PD AeroSpace, LTD: Agreements
Table 75: PLD Space: Launch Site
Table 76: PLD Space: Product Portfolio
Table 77: PLD Space: Agreements
Table 78: PLD Space: New Product Launches
Table 79: Skyrora Limited: Launch Site
Table 80: Skyrora Limited: Product Portfolio
Table 81: Skyrora Limited: Agreements
Table 82: SpinLaunch: Launch Site
Table 83: SpinLaunch: Product Portfolio
Table 84: SpinLaunch: Agreements
Table 85: UP Aerospace: Launch Site
Table 86: UP Aerospace: Product Portfolio
Table 87: UP Aerospace: Contracts
Table 88: Virgin Galactic: Launch Site
Table 89: Virgin Galactic: Product Portfolio
Table 90: Virgin Galactic: Agreements and Contracts
Table 91: World View Enterprises, Inc: Launch Site
Table 92: World View Enterprises, Inc: Product Portfolio
Table 93: World View Enterprises, Inc: Partnerships, Collaborations, and Contracts

The post Sub-Orbital Testing Services Market Research Report 2022-2032 first appeared on CRI Report.

Global Medical Cannabis Market Snapshot

According to this report, the global Medical Cannabis Market is expected to register a significant CAGR of 18.14% to surpass USD 33,210.21 million by the end of 2027. Medical marijuana is also called cannabis that has viable remedial properties. The best thing about this plant is that it is used as an unrefined material by various medication associations to make drugs for various medicinal applications.

The genuine usage of cannabis for clinical reasons is extending because of its compelling advantages. In any case, it shifts across countries due to the movement, proprietorship, advancement, and clinical finishes paperwork for its use. One more driver of the Medical Cannabis Market is the rising prevalence of continuous contaminations and different illnesses.

Clinical Cannabis is ensured and amazing for additional creating signs, for instance, rest issues, pressure, and torture achieved by relentless infections in adults.

The expansion of the Medical Cannabis Market is driven by various elements like augmentation in the usage of cannabis, a rising prevalence of progressing diseases, and considerably more. The growing legitimization of Medical Cannabis in different countries rises to research and improvement of cannabinoids.

Nevertheless, growing unlawful usage of Maryjane is depended upon to check the overall Market Outlook advancement. There are various employments of cannabis in the clinical business, which is driving the Medical Cannabis Market development. In the current decade, the use of cannabis has extended even more immediately diverged from various substances.

There has been a speedy advancement in cannabis use and is simply climbing in made countries like Western Europe, North America, and Australia.

Segment Overview

The global medical cannabis market is classified into Species, Derivatives, Application, End-use, and route of administration.

Based on species, the market is divided into cannabis Indica, Sativa, and crossbreed.

By derivatives segment, the market has been categorized into cannabidiol (CBD), tetrahydrocannabinol (THC), and much more.

In terms of applications, the market has been divided into disease addresses the main classification.

By end-use, the market has been classified into the drug business, innovative work communities, and much more.

Depending on the route of administration, the market has been divided into oral arrangements and cases, smoking, vaporizers, topical, and others.

Regional Analysis

The Medical Cannabis market has been fragmented dependent on geographics, Asia-Pacific, Americas, Europe, the Middle East, and Africa. The Americas is depended upon to be the greatest market inferable from the rising consumption of clinical cannabis and rising per capita clinical consideration utilization.

The market in the Americas has furthermore been stretched out into North America and Latin America, with the North American market divided into the US and Canada. The European Medical Cannabis market has been masterminded in Western Europe and Eastern Europe.

Major Market Players

The major players of the Medical Cannabis market include Canopy Growth, Corporation (Canada), GW Pharmaceuticals PLC (UK), Aurora Cannabis (Canada), Aphria, Inc. (Canada), Maricann Inc. (Canada), Tilray (Canada), Cannabis Sativa Inc. (US), GBSciences Inc. (US), United Cannabis (US), Medical Marijuana, Inc. (US), CanniMed Ltd (Canada), and MediPharm Labs (Canada)

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.

Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Global Cannabis Extract Market to Surge at 18.29% CAGR, which is anticipated to reach USD 37.67 billion by 2030.

The post Global Medical Cannabis Market Report: Trends, Growth and Size Analysis-Forecast to 2027 first appeared on CRI Report.

Market Segmentation

• Application: Outdoor Farming (Precision Agriculture and Smart Farming, Livestock Monitoring, Simulated Training, and Weather Tracking and Forecasting) and Indoor Farming
• Solution: Hardware, Software, and Service

Regional Segmentation

• North America: U.S., Canada, and Mexico
• Europe: Germany, France, Netherlands, Italy, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific and Japan: Japan, Australia and New Zealand, India, and Rest-of-Asia-Pacific and Japan
• Rest-of-the-World

Market Growth Drivers

• AR Adoption in the Midst of Digitization
• Growing Necessity to Increase Efficiency in Farm Operations
• Increased Demand for Spatial Computing Applications

Market Challenges

• Limited Focus on Agriculture Applications
• Health and Safety Issues Related to Immersive Reality
• Technology Related Challenges
• Lack of Standardization

Market Opportunities

• Growth in Adoption of Precision Farming and Smart Farming Methods
• Growing Demand for Mobile-Based AR and VR Platforms

Key Companies Profiled

Augmenta, Grow Glide, EON Reality, Think Digital, Nedap N.V., Plant Vision, Visual Logic, LLC, Rams Creative Technologies Pvt. Ltd., Queppelin Technology Solutions Private Limited, Visartech Inc., VSight UAB, Infosys Limited, Trimble Inc., Microsoft Corporation, Alphabet Inc., Vuzix Corporation

How This Report Can Add Value

Market by Product: Analysis and Forecast

The segment gives a brief overview of the product portfolio of different companies and the market presence of different products existing in the market. For instance, 21 potential AR smart glasses and head mounted displays were identified, which are commercially available in the extended reality and immersive reality market along with their prices. However, these products are developed focusing on applications other than agriculture.

Market by Application: Analysis and Forecast

The segment gives a brief overview of the market status of different applications of the product and key players offering products in those applications. The indoor farming application led the market in terms of application in 2020. However, outdoor farming applications have greater potential as they generate more revenue in comparison to indoor farming. The outdoor farming application segment is led by livestock monitoring applications. It is currently one of the most lucrative applications as well as the most promising segments. It is also expected to register the highest CAGR among other applications during the forecast period.

Key Questions Answered in the Report

• What is the expected AR in agriculture market size during the forecast period 2021-2026?
• What is the expected future scenario and revenue generated by the different applications and product types?
• What is the expected future scenario and revenue generated by the application segments for which AR products are offered, including indoor and outdoor farming applications?
• Which region is the largest market for the AR in agriculture market?
• What are the expected future scenario and the revenue generated by different regions and countries in the AR in agriculture market, such as North America, Europe, Asia-Pacific and Japan, China, U.K., Rest-of-the-World?
• How are the adoption scenario, related opportunities, and challenges impacting the AR in agriculture market?
• What are the business dynamics of AR in agriculture, and what is their role in the market, including market drivers, restraints, and opportunities?
• How much revenue each of the segments is expected to record during the forecast period along with the growth percentage? Following are the segments:
o Applications, including indoor farming and outdoor farming applications
o Solution Type, including hardware, software, services
o Region, including North America, the U.K., Europe, Asia-Pacific and Japan, China, and the Rest-of-the-World

AR in Agriculture Market

The growing population and increased demand for food led to the mechanization of various agricultural practices during the 1940s and 1980s, known as The Green Revolution, which helped in transforming the entire agriculture industry. This revolution influenced the adoption of agrichemicals, hybrid crops, machines, and various other advanced forms of agricultural tools and feeds. The Green Revolution helped in increasing agricultural efficiency, decreased operational wastage, and aided in improving food security.

In the current situation, it can be concluded that AR technologies are currently at a very early stage of adoption and are yet to be properly developed for agricultural practices. However, the majority of their deployment is in manufacturing sectors such as automobiles, aviation machinery, and other related industries. Basic industries such as agriculture are still very far from getting completely digitized as a very small number of farms globally have deployed digital technologies into their operations.

Impact of COVID-19 on AR in Agriculture Market

AR in agriculture market is at a growing stage, and there are no commercial products or solutions currently available in the market. Thus, the market may not get impacted by changing economic scenarios in the short term, considering COVID-19 is a short-term event. Thus, it can be concluded that COVID-19 had a neutral impact on AR in agriculture market.

AR in Agriculture Industry Overview

The AR in agriculture market is expected to reach $4.43 million by 2026, with a CAGR of 37.4% during the forecast period 2021-2026. High growth in the market is expected to be driven by the growing demand for precision agriculture and smart farming methods, which will further increase the demand for other digital technologies along with augmented reality.

Market Segmentation

AR in Agriculture Market by Applications

The AR in agriculture market by application is majorly driven by indoor applications, such as vertical farming, hydroponics, aquaponics, and cannabis farming. As the population across the globe is increasing exponentially, the total supply of food must be increased; otherwise, food shortage could lead to serious socio-political issues. There are many indoor farming techniques such as vertical farming, aquaponics, hydroponics, and terrace farming. These farming techniques offer a wide range of benefits over commercial farming techniques. One of the primary advantages of these techniques is the ability to grow a wide range of products throughout the year, which was missing in conventional farming.

AR in Agriculture Market by Solutions

The AR in agriculture market by solution is dominated by the software segment, followed by the hardware segment. The augmented reality software is the most common method to deploy AR platforms. Majorly, the market is driven by handheld and mobile AR applications and web AR applications. The software segment has a huge influence from handheld and mobile devices applications. The handheld and mobile devices applications are very commonly used as they are very easy to deploy and do not require huge capital investments.

AR in Agriculture Market by Region

North America is the leading region in agricultural technologies in terms of market adoption and development. North American countries are far ahead of the different regions, looking to implement various digital technologies beyond conventional farm machinery and services for efficient crop production. The region is one of the largest markets for the entire immersive reality ecosystem leading the world in terms of development due to the presence of market-leading AR development companies such as Microsoft and Google. It is also one of the leading consumer electronics markets, which has helped shape a positive consumer outlook toward mobile devices and other electronics, including wearable devices such as AR smart glasses. It is also home to some of the largest agricultural original equipment manufacturers (OEMs), such as John Deere, AGCO, and Massey Ferguson. John Deere and Massey Ferguson have launched AR applications for their consumers to experience their products in real life without needing a physical machine.

Key Market Players

Augmenta, Grow Glide, EON Reality, Think Digital, Nedap N.V., Plant Vision, Visual Logic, LLC, Rams Creative Technologies Pvt. Ltd., Queppelin Technology Solutions Private Limited, Visartech Inc., VSight UAB, Infosys Limited, Trimble Inc., Microsoft Corporation, Alphabet Inc., Vuzix Corporation

Global Autonomous Agriculture Equipment Market: Focus on Application, Equipment Type, Type, and Country-Wise Analysis – Analysis and Forecast, 2020-2026

The post AR in Agriculture Market – A Global and Regional Analysis: Focus on Solutions and Applications, Adoption Framework and Country-Wise Analysis – Analysis and Forecast, 2020-2026 first appeared on CRI Report.

Capsule Endoscopy (CE) is a process which make use of the smallest wireless camera that captures image of the patient’s digestive tract. Through this technique, the doctors are able to see through small intestine. Also, capsule endoscopy is utilized for situations where the doctor needs to check out the causes of ailments like diagnose cancer, gastrointestinal bleeding, screening polyps as well as monitoring celiac. These are the major factors that are positively influencing the Global Capsule Endoscopy Market growth. Others positive factors including supportive government initiatives, rising demand for accurate and faster diagnostics tools for treating colorectal cancer, along with rising prominence of gastrointestinal diseases are helping in augmenting the global market. The market is expected to grow at a CAGR of 8.82% during the forecast period (2017-2023).

Market segmentation

On the basis of component, the global capsule endoscopy market is classified into capsule endoscopy data recorders, capsule endoscope, capsule endoscopy workstations, and others. Based on its endoscope type, the market is bifurcated into neuro-endoscopes, cystoscopies, and others. On the basis of its product, the market is divided into esophageal capsule, colon capsule, and small bowel capsule. Based on its application, the market is categorized into intestine disease, Crohn’s disease, obscure gastrointestinal bleeding, and others. Lastly, based on its end-user, the market is classified as clinics, hospitals, and others.

Regional analysis

Geographically, the global capsule endoscopy market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

IntroMedic (South Korea), Olympus Corporation (Japan), Capsovision (U.S.), Chongqing Jinshan Science and Technology (China), Medtronic Plc (U.S.), among others are some of the major players in the global capsule endoscopy market.

The post Global Capsule Endoscopy Market – Forecast till 2023 first appeared on CRI Report.

Regional Analysis
The global aerospace additive manufacturing market is estimated to witness 20.24% CAGR during the forecast period, 2018-2023. In 2018, the market was led by North America with 38.86% share, followed by Europe and Asia-Pacific with shares of 24.17% and 20.64%, respectively. North America is the fastest growing region for aerospace additive manufacturing market. The market growth is significantly driven by major countries, such as the U.S. and Canada, due to the presence of chief manufacturers in this region. The U.S. has an advanced aerospace manufacturing base and spends a substantial amount on large R&D projects. However, the traditional manufacturing base is slowly shifting towards the APAC region, because of competitive and low-cost manufacturing capability in APAC. AM provides an important opportunity for the U.S. to develop high-tech manufacturing capability and revive the competitiveness and market potential of the U.S. manufacturing industry. Despite the current limitations of AM in terms of large-scale production capability, it provides unique opportunities to the aerospace sector, mainly to produce low-volume and highly complex products. Many companies have realized the superior benefits of AM in comparison to conventional manufacturing, and have employed AM to achieve supply chain efficiencies and reduced time-to-market. As a result, AM has received the much-needed attention in policy as well as manufacturing circles in the U.S. The White House Office of Science and Technology, Department of Commerce, the National Science Foundation, and the Department of Energy, have formed a working group, to advance the AM technology in the U.S. The U.S. government and NIST (National Institute of Standards and Technology) are further working to enhance AM systems, process optimization, materials characterization, and standards development. ‘America Makes,’ formerly NAMII (National Additive Manufacturing Innovative Institute) is another major initiative to develop AM sector in the U.S. ‘America Makes’ is a billion-dollar initiative to strengthen the U.S. manufacturing competitiveness.

Key Players
Arcam AB (Sweden), CRS Holdings Inc. (U.S.), Concept laser GmbH (Germany), CRP Technology S.r.l (Italy), 3D Systems (U.S.), EOS (Germany), ExOne (U.S.), SLM Solutions Group AG (Germany), Stratasys Ltd. (U.S.), and Optomec (U.S.) are some of the key players profiled in this report. The aerospace additive manufacturing market is dominated by top five players, namely Stratasys, EOS, GE Additive (inc. Acram & other affiliated companies), 3D Systems, and ExOne, accounting for more than 75% of the global market size.
Objective of the Global Aerospace Additive Manufacturing Market Report – Forecast to 2023
• To provide insights into factors influencing the market growth
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on platform, application, material type, technology, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market

Target Audience
• Aircraft, UAV & Spacecraft OEMs
• Engine & other component manufacturers
• Raw material providers
• Investment Agencies
• Government & Regulatory Authorities

Key Findings
• The global aerospace additive manufacturing market in this report has been segmented by platform into aircraft, unmanned aerial vehicle, and spacecraft. The unmanned aerial vehicle segment market is projected to register the highest CAGR of 20.64% during the forecast period.
• The global aerospace additive manufacturing market has been segmented, by application, into three, namely, engine, structural, and others. The engine segment market is projected to register the highest CAGR of 20.43% during the forecast period.
• The global aerospace additive manufacturing market in this report has been segmented by material type into four, namely, metal alloy, plastic, rubber, and others. The metal alloy segment market is projected to register the highest CAGR of 20.65% during the forecast period.
• The global aerospace additive manufacturing market in this report has been segmented by technology into five, namely, 3D printing, laser sintering, fused deposition modeling, electron beam melting, and stereolithography. The 3D printing segment market is projected to register the highest CAGR of 22.60% during the forecast period.
• North America would dominate the aerospace additive manufacturing market by 2023. It is expected to register a CAGR of 21.64% during the forecast period. It is expected to reach a market size of USD 906.7 million by 2023.

The regional analysis also includes:
• North America
o U.S.
o Canada
• Europe
o U.K
o France
o Germany
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East & Africa
o Israel
o UAE
o Saudi Arabia
o Rest of Middle East & Africa
• Latin America
o Brazil
o Mexico
o Rest of Latin America

The post Global Aerospace Additive Manufacturing Market Research Report – Forecast to 2023 first appeared on CRI Report.