Cryogenic Valve for Space Market Report 2025

The cryogenic valve for space market size has grown strongly in recent years. It will grow from $1.33 billion in 2024 to $1.45 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. During the historic period, growth was driven by the increase in space exploration missions, rising demand for satellites, growing private investments in space, expanded use of cryogenic propellants, and higher production of launch vehicles.

The cryogenic valve for space market size is expected to see strong growth in the next few years. It will grow to $2.05 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. In the forecast period, growth is expected to be driven by the increasing adoption of cleaner alternatives to traditional fossil fuels, growing interest in space tourism, expansion of deep space projects, rising demand for reliability, and the need to reduce carbon emissions. Key trends during this period include advancements in valve miniaturization, integration of smart sensors, technology-enabled remote monitoring, development of improved seal materials, and enhancements in thermal insulation.

The increasing demand for satellite launches is expected to drive growth in the cryogenic valve for space market. Satellite launches involve sending artificial satellites into space using rockets to place them into specific orbits for communication, navigation, scientific research, or defense purposes. The rising demand for satellite launches is fueled by expanding applications in communication, earth observation, navigation, research, and defense. Cryogenic valves for space play a crucial role by ensuring precise fuel flow control, maintaining pressure and temperature in satellite propulsion systems, and preventing leaks, which supports accurate orbital maneuvers and extends satellite lifespan. For example, as of July 2024, Russia planned to expand its satellite constellation from around 160 satellites in 2023 to 1,000 by 2030, according to the Foreign Policy Research Institute. The growing need for satellite launches is therefore driving market growth.

Companies in the cryogenic valve for space market are leveraging strategic collaborations to develop advanced technologies that enhance the performance, safety, and reliability of cryogenic systems for modern space missions. These partnerships enable companies to combine expertise and resources for technology development and market expansion. In August 2025, Astrophel Aerospace, an India-based space-tech company, partnered with the Indian National Space Promotion and Authorization Center to access ISRO facilities for technical reviews, system-level testing, and certification of semi-cryogenic propulsion systems, including turbopumps and engine modules. The collaboration includes a Joint Project Implementation Plan to work closely with ISRO experts on design validation and testing. Astrophel has independently developed and test-fired a semi-cryogenic rocket engine at a record-low cost of $7,300 USD and is preparing for its first suborbital launch with plans to deliver a reusable hopper prototype within 24 to 36 months.

In July 2025, RBC Bearings Incorporated, a U.S.-based manufacturer of precision bearings and components, acquired VACCO Industries for an undisclosed amount. The acquisition strengthens RBC Bearings’ presence in space and defense fluid-control systems by adding VACCO’s flight-qualified cryogenic valves, latch valves, and filters used in launch vehicles and spacecraft. VACCO Industries, based in the U.S., manufactures valves, manifolds, regulators, filters, and other precision components, including cryogenic valves for space applications, expanding RBC Bearings’ engineered-products platform and customer reach in mission-critical space markets.

Major players in the cryogenic valve for space market are Mitsubishi Heavy Industries Ltd., Air Liquide Advanced Technologies, Parker Hannifin Corporation, Emerson Electric Co., Honeywell Aerospace, Flowserve Corporation, KSB SE & Co. KGaA, KITZ Corporation, Samson AG, L&T Valves Limited, CIRCOR International Inc., Bürkert Fluid Control Systems, Neway Valve Co. Ltd., Velan Inc., Jiangsu Shentong Valve Co. Ltd., Valvitalia Group S.p.A., Hawa Valves Private Limited, Marotta Controls, Moog Inc., Oliver Valves Ltd., Conval Inc., PHPK Technologies.

North America was the largest region in the cryogenic valve for space market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cryogenic valve for the space report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cryogenic valve for the space market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

A cryogenic valve for space is a specialized device designed to control the flow of extremely cold liquids used as propellants or coolants in spacecraft, rockets, and satellites. These valves are built to operate reliably under extremely low temperatures, high pressures, and vacuum conditions, providing precise, leak-free control of cryogenic fluids essential for safe and efficient space missions.

The main types of cryogenic valves for space include globe valves, gate valves, ball valves, butterfly valves, check valves, and others. A globe valve is a linear-motion control valve where a movable plug or disc moves perpendicular to the seat within a globular body to throttle or isolate flow, allowing fine and repeatable adjustment across a wide range of operating conditions. These valves are made from materials such as stainless steel, aluminum, and brass, and are used in applications including propellant management, fuel systems, life support systems, and thermal control. Key end-user industries include satellites, launch vehicles, and space stations.

The cryogenic valves for space market research report is one of a series of new reports that provides cryogenic valves for space market statistics, including cryogenic valves for space industry global market size, regional shares, competitors with a cryogenic valves for space market share, detailed cryogenic valves for space market segments, market trends and opportunities, and any further data you may need to thrive in the cryogenic valves for space industry. This cryogenic valves for space market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cryogenic valve for the space market consists of sales of cryogenic pressure relief valves, cryogenic vent valves, cryogenic thruster isolation valves, cryogenic solenoid valves, and cryogenic control valves. Values in this market are ‘factory gate’ values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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