Sub-Orbital Testing Services Market Size, Share, and COVID-19 Impact Analysis, By Mounting (Internal and External), By Vehicle (Rocket-Powered, High-Altitude Balloons, Parabolic Aircrafts, and Others), By Payload Capacity (Upto 50 Kg, 50 Kg � 250 Kg, 250 Kg, 500 Kg, and More than 500 Kg), By End Users (Commercial, Military, Government, and Others), and Regional Forecast, 2024-2032

The global Sub Orbital Testing Services Market is seeing remarkable growth, with a significant CAGR forecasted throughout the period up to 2032. Sub-orbital testing services provide the user with the opportunity to test their products or services in near-space like environments in the sub-orbit. These services allow for research and development of technology, and are nowadays also growing in popularity in the commercial sector.

Key Market Insights:

Sub-orbital testing services are used to test a wide range of products and services, such as robotic systems, biological experiments, solar instruments, earth observation instruments, drop tests, in-space manufacturing methods, and many others. Most of the sub-orbital testing services are carried out via rocket-powered vehicles, with some applications in high-altitude balloons and parabolic aircrafts.

The market is driven by the increasing demand for the near-space environment towards the Earth’s outer orbit. The terrestrial testing systems designed for the task have several limitations and complications, while testing in the actual environment gives more accurate results.

A big restraint towards the development of the market is the high cost associated with the space industry. Sub-orbital launches are expensive, and the current scenario permits only big firms to go for such services. Commercial flights are still not feasible for everyone. Other restraints include the environmental concern related to such launches, and the stringent policies laid down by space regulatory bodies.

Impact of COVID-19 on the Global Sub-Orbital Testing Services Market:

The COVID-19 pandemic gripped the world for almost half of 2020. The world saw many countries imposing lockdowns and other restrictions to combat the pandemic. This led to severe supply-chain disruptions and financial crises for manufacturers and service providers. The space industry also braced the impact of the virus. Launches were delayed, and research was slowed down. Sub-orbital testing services also saw a sharp decline in the demands. Though a decrease in the customers, these services were used by governments across the globe for Earth observation, for identifying areas with high risk of disease transmission, to provide humanitarian aid, and many other applications.  

The global sub-orbital testing services market can be segmented into four broad categories- by mounting, by vehicle, by payload capacity, and by end users. Based on the mounting of the payload, the market is bifurcated into internal and external. Based on the type of vehicle used for the service, the market is divided into rocket-powered vehicles, high-altitude balloons, parabolic aircrafts, and others. Based on the payload capacity, the market is divided into 1 kg – 50 kg, 50 kg – 250 kg, 250 kg – 500 kg, and more than 500 kg. Based on the end users, the market is divided into commercial, military, government, and others. Based on the region, the market is divided into North America, Europe, Asia-Pacific, Middle-East and Africa, and Latin America.

Key Insights:

The report will describe the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the global sub-orbital testing services market based on various segments.


• The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia-Pacific, and Latin America, after evaluating economic, social, political, and technological factors affecting the global sub-orbital testing services market in these regions.

Regional Analysis:

North America is the current biggest contributor towards the growth of the market. The region’s economic stability allows firms to invest more into the market. Several big players, such as Virgin Galactic and Blue Origin are present in the region, which also bolsters the research and development in the region. Growing popularity in the commercial application of the technology, and the presence of a large number of high net worth individuals (HNWIs), further aids market growth.

Asia-Pacific is projected to develop at a greater pace in the upcoming years. The region is witnessing growing interest in space exploration in countries such as India, Japan, China, and South Korea, and thus seeing increasing investments in the market. Several new players are entering the industry, which is helping to accelerate the research of the sub-orbital testing technology. The growing number of HNWIs and the increasing per-capita income in the region is also providing economic stability to the market.

Key Players Covered:

• Blue Origin


• Virgin Galactic


• Dawn Aerospace


• bluShift Aerospace Inc


• Skyrora Limited


• Equatorial Space Inc


• Interstellar Technologies Inc


• PD Aerospace LTD


• SpinLaunch


• UP Aerospace


• Others

Segmentation:

Key Industry Developments:

• In June 2023, PLD Space and Arianespace announced the signing of a Memorandum of Understanding (MoU) between the two firms. Through this MoU, both the companies will jointly work to increase the commercial access of the micro launcher service offer by PLD Space. The agreement also allows PLD Space to offer its small satellite launch services in the European region, thus opening up new markets for the company.


• In March 2023, Dawn Aerospace announced that the company’s MK-II Aurora spaceplane had received the green flag from the Civil Aviation Authority of New Zealand for rocket-powered flights. The MK-II Aurora is a remotely piloted spaceplane designed for sub-orbital flights, and will perform Earth monitoring, microgravity research, disaster management, and other services that will help in climate and weather models.