Space Robotics Market Report, Analysis, Trends, Demand and Forecast 2023-2028
According to IMARC Group’s latest report, titled “Space Robotics Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”,
the global space robotics market is expected to exhibit a growth rate
(CAGR) of 4.9% during 2023-2028.
What are space robotics?
Space robotics refers to the development and use of robots for space
exploration and other related activities, such as satellite servicing and
maintenance, asteroid mining, and planetary exploration.
Space robotics is an emerging field that combines advanced robotics,
artificial intelligence (AI), and space technology to operate in space. Space
robotics are used for a variety of applications including space exploration,
satellite servicing, maintenance and repair, and manufacturing.
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What are the growth prospects and trends in the industry?
The increasing demand for space exploration missions represent one of the
key factors driving the market growth. Moreover, the rising need for satellite
servicing and maintenance, along with the increasing demand for autonomous
systems in space is contributing to the market growth.
In addition to this, extensive investments in the field of science and
engineering by both the governmental and non-governmental organizations are
driving the market toward growth. The market is also being driven by the
increasing need for satellite-based services and a significant need for
efficient repair, servicing, and maintenance of geostationary satellites.
Expansion in the robotics industry is acting as another major growth-inducing
factor. Other factors, such as significant technological advancements and
extensive research and development (R&D) activities, are creating a
positive outlook for the market further across the globe.
Competitive Landscape With Key Players:
The competitive landscape of the space robotics market has been studied
in the report with the detailed profiles of the key players operating in the
market.
Some of these key players include:
- Altius Space
Machines (Voyager Space Holdings Inc.)
- Astrobotic
Technology Inc.
- GITAI Inc.
- Honeybee
Robotics (Ensign-Bickford Industries)
- Intuitive
Machines LLC
- Made In Space
Inc. (Redwire LLC)
- Maxar
Technologies Inc
- Metecs LLC
- Motiv Space
Systems Inc.
- Northrop
Grumman Corporation
- Oceaneering
International Inc.
- Olis Robotics
Key Market Segmentation:
The report has segmented the global space robotics market based on
solution, application, end use and region.
Breakup by Solution:
- Remotely
Operated Vehicles (ROV)
- Rovers/Spacecraft
Landers
- Space Probes
- Others
- Remote Manipulator
System (RMS)
- Robotic
Arms/Manipulator Systems
- Gripping and
Docking Systems
- Others
- Software
- Services
Breakup by Application:
- Deep Space
- Space
Transportation
- Space
Exploration
- Others
- Near Space
- Space
Transportation
- Space Transportation
- In-Space
Maintenance
- Others
- Ground
Breakup by End Use:
- Commercial
- Government
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and
Africa
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Key Highlights of the Report:
- Market
Performance (2017-2022)
- Market Outlook
(2023-2028)
- Market Trends
- Market Drivers
and Success Factors
- Impact of
COVID-19
- Value Chain
Analysis
- Comprehensive
mapping of the competitive landscape
If you need specific information that is not currently within the scope
of the report, we will provide it to you as a part of the customization.
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