Global Space Robotic Solution Market, By Solution (Products, Services ), By Application (Near Space Vehicles, Deep Space Vehicles, Satellite Servicing, Space Exploration, Space Transportation, Ground Exploration, Others), By geography

Description

The global space robotic solution market size was estimated at US$ 4.45 Bn in 2023 and is expected to reach US$ 7.96 Bn by 2030, grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 4.45 Bn
Historical Data for:	2017 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	8.70%	2030/2031 Value Projection:	US$ 7.96 Bn

Figure 1. Global Space Robotic Solution Market Share (%), by Region, 2023

Global Space Robotic Solution Market - IMG1

Space robotic solutions are increasingly gaining prominence within the aerospace sector, as they are essential for exploration, monitoring, and servicing space operations. These robotic systems undertake tasks that may be inaccessible or perilous for humans, transforming activities ranging from satellite deployment to maintenance and significantly altering the approach to conducting space missions.Top of Form

With advancements in technology and the growing demand for space exploration, the market for space robotic solutions is expected to witness substantial growth in the coming years. These solutions offer a wide range of benefits, such as increased efficiency, reduced costs, and enhanced safety. The deployment of space robotic systems also enables scientists and engineers to gather valuable data and conduct experiments in outer space.

Market Dynamics:

The increasing demand for satellite deployment and maintenance, rising investments in space exploration missions, and the advancements in robotics and artificial intelligence technologies are driving the growth of the space robotic solution market. Additionally, the need for efficient and cost-effective solutions for space activities is fueling the demand for space robotic systems. On the other hand, regulatory challenges, technical complexities, and high initial investments act as major restraints in the market. The development and deployment of space robotic systems require adherence to strict regulations and safety standards, which can pose challenges for market growth. Moreover, the complexity involved in designing and operating these systems adds to the overall cost and can restrict market expansion.

Furthermore, despite the challenges, the space robotic solution market presents significant opportunities. The increasing focus on commercial space exploration, the emergence of private space companies, and the demand for on-orbit services provide lucrative opportunities for market players. Additionally, the integration of advanced technologies, such as machine learning and autonomous navigation, presents innovative possibilities for space robotic solutions.

Key Features of the Study:

The report provides an in-depth analysis of the global space robotic solution market, including market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030).
It highlights potential revenue opportunities across different market segments and offers attractive investment propositions
The study provides key insights into market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
Key players in the space robotic solution market, such as Maxar Technologies, Motiv Space Systems, Altius Space Machines, Astrobotic Technology, Made In Space, Northrop Grumman, Honeybee Robotics, Effective Space Solutions, Bradford Space, Olis Robotics, Metecs, Astroscale, D-Orbit SpA, ClearSpace, Space Applications Services, Kepler Communications, Kubos, SpiderFab, Tethers Unlimited, and MDA
The insights from this report aid marketers and management authorities in making informed decisions regarding future product launches, market expansion, and marketing tactics
The report caters to various stakeholders in the industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders can benefit from the strategy matrices used in analyzing the global space robotic solution market, facilitating ease in decision-making

Global Space Robotic Solution Market Segmentation:

By Solution
- Products
- Robotic Arms
- Grippers & End Effectors
- Sensors
- Software
- Others
- Services
- Maintenance, Repair and Overhaul
- Installation
- Integration & Assembly
- Transport
- Others
By Application:
- Near Space Vehicles
- Space Tugs
- Space Station Components
- Orbital Transfer Vehicles
- Deep Space Vehicles
- Rovers
- Landers
- Satellite Servicing
- Life Extension
- Repair and Refueling
- Debris Removal
- Space Exploration
- Surface Mobility
- Sample Collection
- Space Transportation
- Orbital Transfer
- Space Tugs
- Ground Exploration
- Others
Space Robotic Solution Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top companies in Global Space Robotic Solution Market
- Maxar Technologies
- Motiv Space Systems
- Altius Space Machines
- Astrobotic Technology
- Made In Space
- Northrop Grumman
- Honeybee Robotics
- Effective Space Solutions
- Bradford Space
- Olis Robotics
- Metecs
- Astroscale
- D-Orbit SpA
- ClearSpace
- Space Applications Services
- Kepler Communications
- Kubos
- SpiderFab
- Tethers Unlimited
- MDA

Product Code: CMI6326

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Solution
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing investments in space exploration missions
Demand for reducing mission risk and human error
Increased investments by private companies
On-orbit satellite servicing
- Restraints
High upfront development and deployment costs
Challenges of long distance mobility and operations
Lack of infrastructure for support and maintenance
- Opportunities
Asteroid Mining
In-space manufacturing and assembly
Space infrastructure and logistics
Lunar and Mars surface mobility
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Space Robotic Solution Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Space Robotic Solution Market , By Solution, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Robotic Arms
Grippers & End Effectors
Sensors
Software
Others
Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Maintenance, Repair and Overhaul
Installation
Integration & Assembly
Transport
Others

6. Space Robotic Solution Market , By Application, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
Near Space Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Space Tugs
Space Station Components
Orbital Transfer Vehicles
Deep Space Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Rovers
Landers
Satellite Servicing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Life Extension
Repair and Refueling
Debris Removal
Space Exploration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Surface Mobility
Sample Collection
Space Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Orbital Transfer
Space Tugs
Ground Exploration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

7. Space Robotic Solution Market , By Region, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Solution, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Solution, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
Germany
U.K.
France
Spain
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Solution, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Solution, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Solution, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Region, 2017-2030,(US$ Bn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East

8. Competitive Landscape

Maxar Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Motiv Space Systems
Altius Space Machines
Astrobotic Technology
Made In Space
Northrop Grumman
Honeybee Robotics
Effective Space Solutions
Bradford Space
Olis Robotics
Metecs
Astroscale
D-Orbit SpA
ClearSpace
Space Applications Services
Kepler Communications
Kubos
SpiderFab
Tethers Unlimited
MDA
Analyst Views

9. Section

Research Methodology
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