Space Robotics Market Size, Trends, Growth, Key Players, Future Scope and Opportunities by 2026

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Space Robotics Market Size, Trends, Growth, Key Players, Future Scope and Opportunities by 2026

According to IMARC Group’s latest report, titled “Space Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global space robotics market grew at a CAGR around 6% during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.5% during 2021-2026.

 

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

 

Request for a free sample copy of this report: https://www.imarcgroup.com/space-robotics-market/requestsample

 

Space robotics is a branch of science and engineering that assists in undertaking space missions and performing exploration activities. It relies on space robots for reducing costs and risks, accelerating schedules, and improving the overall performance. As these robots are made using lightweight materials and can extend human ability to operate in space, they provide greater handling capabilities to astronauts. Consequently, space robotics is widely employed in autonomously operating on a new planetary surface.

 

Market Trends and Drivers:

 

The growing utilization of autonomous systems in space, coupled with the increasing number of space programs, represents one of the key factors favorably influencing the space robotics market. For instance, PERASPERA and SpacePlan 2020 are projects funded by the European Commission and coordinated by the European Space Agency (ESA) for planning technology roadmaps in space robotics. The objective of PERASPERA is to develop an integrated plan for space robotics technology during 2023-2024. Besides this, a considerable rise in the demand for efficient repairing, servicing and maintenance of geostationary satellites is also strengthening the market growth. Furthermore, the rising adoption of artificial intelligence (AI) and deep learning (DL) in the robotics industry is driving the market. Moreover, the key players are introducing AI-based robots that provide greater exploration benefits and enhance mobility space.

 

Buy full report with table of contents: https://www.imarcgroup.com/space-robotics-market

 

Space Robotics Market 2021-2026 Competitive Analysis and Segmentation:

 

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

Metecs LLC.

Olis Robotics

Motiv Space Systems, Inc.

Astrobotic Technology Inc.

Gitai Inc.

Honeybee Robotics, Ltd.

Intuitive Machines, LLC

Oceaneering International, Inc.

Made In Space Inc.

Maxar Technologies Inc.

Northrop Grumman Corporation

 

Key Market Segmentation:

 

The report has segmented the global space robotics market on the basis of 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

 

Key Highlights of the Report:

Market Performance (2015-2020)

Market Outlook (2021-2026)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

The Impact of COVID-19 on the Global Market

Value Chain Analysis

Structure of the Global Market

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.

 

Browse Related Reports:

 

Surgical Robots Market Report: https://www.imarcgroup.com/surgical-robots-market

 

Military Robots Market Report: https://www.imarcgroup.com/military-robots-market

 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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