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Aerospace Market to Reach $260B by 2034: Sarens Plays Key Role in Space Exploration Projects

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The global aerospace industry is set for a remarkable expansion, projected to reach $791.78 billion by 2034, according to Precedence Research. In the U.S. alone, the aerospace market, valued at $120.3 billion in 2024, is expected to grow to nearly $260 billion by 2034, driven by advances in technology, sustainable aviation, and a boom in space exploration.

The U.S. continues to be a leader in aerospace innovation, with a strong focus on cutting-edge technologies. Key trends shaping the market include sustainable aviation initiatives and the surge in space exploration, spearheaded by private companies like SpaceX. The increasing role of satellite technology and the emerging space tourism sector are also contributing to this growth.

One company positioned at the forefront of this dynamic market is Sarens, one of the global leaders in heavy lifting and engineered transport. With a longstanding reputation for delivering innovative engineering solutions, Sarens is a trusted partner for major aerospace players like NASA and SpinLaunch. Their specialized expertise in logistics and engineering has made them an integral part of significant aerospace projects.

Sarens has been involved in numerous high-profile collaborations, including the construction of Mobile Launcher 2 (ML2) at NASA’s Kennedy Space Center. The project, which began in early 2022, saw Sarens working alongside NASA to design and execute the technical solutions required for the ML2 base frame. In August 2023, Sarens mobilized its machinery for the onsite assembly of the ML2 base, demonstrating their capabilities in complex heavy-lifting operations.

Sarens’ role in the ML2 project underscores their ability to handle highly specialized aerospace operations. The company’s Self-Propelled Modular Transports (SPMTs) played a crucial role in transporting and assembling the steel trusses for the launcher’s base frame, ensuring their safe arrival and installation at the Kennedy Space Center. Sarens has also been involved in corrosion protection processes, further highlighting their end-to-end engineering support in aerospace projects.

Sarens’ collaboration with NASA extends beyond ML2. In March 2022, the company signed a contract to assist with infrastructure development for NASA’s Artemis program, aimed at future lunar exploration. Sarens has also supported NASA’s Mission to Mars, working on lifting operations at the Stennis Space Center in Mississippi. Additionally, Sarens played a critical role in SpinLaunch’s groundbreaking project, lifting and maneuvering the world’s largest diameter vacuum chamber in New Mexico. SpinLaunch is developing a revolutionary mass accelerator to launch satellites into space using kinetic energy instead of traditional rockets.

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