Abstract This chapter presents and analyses commercial space markets of the past and the present. The space economy is expected to become a multitrillion dollar industry in the coming decades. With more than $13 billion (Thomas 2017) being invested in the last 16 years in space-related start-ups and space companies, the new space age has become a reality. Their classification and analysis makes possible a selection of primary future commercial space markets of interest for NewSpace companies. These are commercial space transportation markets, orbital and suborbital space tourism, R&D commercial payloads (i.e. instruments, etc.), in-orbit satellite servicing, in situ resource extraction and space debris prevention. Stakeholders in NewSpace companies (SpaceX, Blue Origin, XCOR, Armadillo Aerospace, etc.), service providers (Space Adventures, Virgin Galactic, etc.), space agencies (NASA, ESA, etc.), federations (Commercial Spaceflight Federation) and targeted customers will also be discussed.
Commercial Space Markets and Stakeholders
2017-09-20
14 pages
Article/Chapter (Book)
Electronic Resource
English
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