Space Robotics Market Size By Component, By Application, By End-Use, Growth Potential, Regional Outlook, Competitive Market Share & Forecast, 2023

Description

List of Tables

Space Robotics Market is set to witness significant growth through 2032, primarily owing to the rapid expansion of the electronic chip manufacturing industry globally. Besides, the increasing number of space projects in the MEA region will also foster the market growth. For instance, in May 2022, Benya Group inked an MoU with OneWeb to explore the distribution of connection services in the MEA region.

Furthermore, favorable initiatives by State-backed organizations is also expected to drive the market growth. To cite an instance, in November 2022, DARPA (Defense Advanced Research Projects Agency) developed a robotic arm. The latest development would ease the integration of the robotic arms into the Northrop Grumman spacecraft in 2023, supporting its launch into the Earth's orbit in 2024.

In addition, the key providers in space robotics industry are engaging in meaningful acquisitions, mergers, and joint ventures, in addition to expanding their portfolios. Citing an instance, in February 2022, the Northrop Grumman-owned, SpaceLogistics announced that it is planning to send a new servicing vehicle to orbit on a SpaceX rocket in 2024.

Overall, the space robotics market has been segmented in terms of component, hardware, application, deep space application, near-space application, end-use, and region.

Based on the component, the hardware segment is anticipated to grow at more than 10% CAGR between 2023 and 2032. The segmental growth can be attributed to the increasing initiatives by space companies to enhance their hardware offerings. Citing an instance, in May 2021, Lockheed Martin and General Motors announced collaboration to develop lunar rovers that are equipped with advanced technologies and features such as autonomous driving, and electric vehicle systems.

In terms of application, the deep space segment will grow substantially between 2023 and 2032, owing to the increasing deep space exploration applications in the space robotics market. Besides, the rising demand for the repair and maintenance of existing satellites is further fueling the industry growth.

Based on end use, the commercial segment is anticipated to grow robustly over the next ten years, owing to the increasing efforts by private entities such SpaceX Corporation, Lockheed Martin Corporation, and Blue Origin to develop advanced technologies. To cite an instance, in January 2023, it was reported that SpaceX has stacked its huge Starship, ahead of its first orbital test flight as a part of its Starship program.

In the regional context, the Asia Pacific space robotics market is anticipated to register more than 10.5% CAGR through 2032. The regional market growth can be accredited to the ongoing space exploration and research projects in countries such as India, Japan, and China. As per credible reports, China has publicized its plans of initiating more than 60 space launches in 2023.

Product Code: 3219

Chapter 1 Methodology & Scope

1.1 Scope & definitions
1.2 Methodology and forecast parameters
1.3 Forecast calculations
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Data mining sources
  - 1.4.2.1 Paid
- 1.4.3 Secondary
1.5 Industry Glossary

Chapter 2 Executive Summary

2.1 Space robotics industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total addressable market (TAM) trends
- 2.2.2 Regional trends
- 2.2.3 Component trends
- 2.2.4 Application trends
- 2.2.5 End-use trends

Chapter 3 Space Robotics Industry Insights

3.1 Introduction
3.2 Impact of COVID-19 outbreak
- 3.2.1 Impact by region
  - 3.2.1.1 North America
  - 3.2.1.2 European
  - 3.2.1.3 Asia Pacific
  - 3.2.1.4 Latin America
  - 3.2.1.5 MEA
3.3 Russia-Ukraine conflict impact
3.4 Industry ecosystem analysis
- 3.4.1 Raw material and component suppliers
- 3.4.2 Manufacturers
- 3.4.3 Software & technology providers
- 3.4.4 Service providers
- 3.4.5 Distribution channel analysis
- 3.4.6 End user
- 3.4.7 Profit margin analysis
- 3.4.8 Vendor matrix
3.5 Technology and innovation landscape
- 3.5.1 AI-based space robotics
- 3.5.2 Impact of IoT and Industry 4.0
- 3.5.3 Cloud robotics
3.6 Regulatory landscape
- 3.6.1 North America
  - 3.6.1.1 Occupational Safety & Health Act (OSHA)
  - 3.6.1.2 Space policy and the Remote Sensing Space Systems Act (RSSSA)
  - 3.6.1.3 IPC Standards for Printed Circuit Boards
  - 3.6.1.4 U.S. Space Regulations
    - 3.6.1.4.1 Radio Frequency Regulation

Chapter 4 6142 CFR Title 14, Chapter III

3.6.1.4.3 Export Administration Regulations (EAR)
3.6.1.4.4 Licensing of Private Remote Sensing Space Systems

3.6.2 Europe
- 3.6.2.1 International debris mitigation standards
- 3.6.2.2 EU product safety framework for advanced robots & autonomous systems
- 3.6.2.3 Artificial Intelligence Act
3.6.3 Asia Pacific
- 3.6.3.1 Regulations on the Protection of Layout-Designs of Integrated Circuits
- 3.6.3.2 Guidelines for Building Basic Security Standard System for the Internet of Things (“Draft”)
3.6.4 Latin America
- 3.6.4.1 Decree Law No. 5452
- 3.6.4.2 OSH Regulatory Framework
3.6.5 Middle East & Africa
- 3.6.5.1 The UAE Space Law
- 3.6.5.2 United Arab Emirates (UAE) Restriction of Hazardous Substances (RoHS) regulation

3.7 Industry impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 High focus on R&D associated with space robotics in North America
  - 3.7.1.2 Increasing government investments in space robotics projects
  - 3.7.1.3 The expanding electronic chip manufacturing industry supporting the space robotics sector
  - 3.7.1.4 Industrial development will drive the development of robotic solutions in Latin America
  - 3.7.1.5 Rising number of space projects in MEA
- 3.7.2 Industry pitfalls & challenges
  - 3.7.2.1 Lack of control over outer-space calamities
  - 3.7.2.2 High initial investments limiting the entry of new players into the market
3.8 Key news & initiatives
- 3.8.1 Partnerships
- 3.8.2 Product launch
- 3.8.3 Government initiatives
- 3.8.4 Mergers and acquisitions
- 3.8.5 Business expansion
3.9 Patent landscape
3.10 Growth potential analysis
3.11 Porter's analysis
- 3.11.1 Supplier power
- 3.11.2 Buyer power
- 3.11.3 Threat of new entrants
- 3.11.4 Threat of substitutes
- 3.11.5 Internal rivalry
3.12 PESTEL analysis
- 3.12.1 Political
- 3.12.2 Economic
- 3.12.3 Social
- 3.12.4 Technological
- 3.12.5 Environmental
- 3.12.6 Legal

Chapter 5 Competitive Landscape, 2022

4.1 Introduction
4.2 Market share analysis, 2022
4.3 Competitive analysis of major market players
- 4.3.1 Chart key
- 4.3.2 Maxar Technologies, Inc.
- 4.3.3 Northrop Grumman Corporation
- 4.3.4 Oceaneering International, Inc.
- 4.3.5 Astrobotic Technology, Inc.
- 4.3.6 KBR Inc.
4.4 Competitive analysis of market innovators
- 4.4.1 Altius Space Machines
- 4.4.2 Astrobotic Technology
- 4.4.3 iSpace, Inc
- 4.4.4 Intuitive Machines LLC
- 4.4.5 Motiv Space Systems, Inc.
- 4.4.6 Redwire corporation
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix

Chapter 6 Space Robotics Market, By Component

5.1 Key trends, by component
5.2 Hardware
- 5.2.1 Market estimates & forecast, 2018-2032
- 5.2.2 Market estimates & forecast, by hardware, 2018-2032
5.3 Software
- 5.3.1 Market estimates & forecast, 2018-2032
5.4 Service
- 5.4.1 Market estimates & forecast, 2018-2032

Chapter 7 Space Robotics Market, By Application

6.1 Key trends, by application
6.2 Deep space
- 6.2.1 Market estimates & forecast, 2018-2032
- 6.2.2 Market estimates & forecast, by deep space, 2018-2032
6.3 Near space
- 6.3.1 Market estimates & forecast, 2018-2032
- 6.3.2 Market estimates & forecast, by near space, 2018-2032

Chapter 8 Space Robotics Market, By End-use

7.1 Key trends, by end-use
7.2 Government
- 7.2.1 Market estimates & forecast, 2018-2032
7.3 Commercial
- 7.3.1 Market estimates & forecast, 2018-2032

Chapter 9 Space Robotics Market, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 Market estimates & forecast, 2018-2032
- 8.2.2 Market estimates & forecast, by component, 2018-2032
  - 8.2.2.1 Market estimates & forecast, by hardware, 2018-2032
- 8.2.3 Market estimates & forecast, by application, 2018-2032
  - 8.2.3.1 Market estimates & forecast, by deep space, 2018-2032
  - 8.2.3.2 Market estimates & forecast, by near space, 2018-2032
- 8.2.4 Market estimates & forecast, by end-use, 2018-2032
- 8.2.5 U.S.
  - 8.2.5.1 Market estimates & forecast, 2018-2032
  - 8.2.5.2 Market estimates & forecast, by component, 2018-2032
    - 8.2.5.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.2.5.3 Market estimates & forecast, by application, 2018-2032
    - 8.2.5.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.2.5.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.2.5.4 Market estimates & forecast, by end-use, 2018-2032
- 8.2.6 Canada
  - 8.2.6.1 Market estimates & forecast, 2018-2032
  - 8.2.6.2 Market estimates & forecast, by component, 2018-2032
    - 8.2.6.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.2.6.3 Market estimates & forecast, by application, 2018-2032
    - 8.2.6.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.2.6.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.2.6.4 Market estimates & forecast, by end-use, 2018-2032
8.3 Europe
- 8.3.1 Market estimates & forecast, 2018-2032
- 8.3.2 Market estimates & forecast, by component, 2018-2032
  - 8.3.2.1 Market estimates & forecast, by hardware, 2018-2032
- 8.3.3 Market estimates & forecast, by application, 2018-2032
  - 8.3.3.1 Market estimates & forecast, by deep space, 2018-2032
  - 8.3.3.2 Market estimates & forecast, by near space, 2018-2032
- 8.3.4 Market estimates & forecast, by end-use, 2018-2032
- 8.3.5 UK
  - 8.3.5.1 Market estimates & forecast, 2018-2032
  - 8.3.5.2 Market estimates & forecast, by component, 2018-2032
    - 8.3.5.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.3.5.3 Market estimates & forecast, by application, 2018-2032
    - 8.3.5.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.3.5.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.3.5.4 Market estimates & forecast, by end-use, 2018-2032
- 8.3.6 Germany
  - 8.3.6.1 Market estimates & forecast, 2018-2032
  - 8.3.6.2 Market estimates & forecast, by component, 2018-2032
    - 8.3.6.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.3.6.3 Market estimates & forecast, by application, 2018-2032
    - 8.3.6.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.3.6.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.3.6.4 Market estimates & forecast, by end-use, 2018-2032
- 8.3.7 France
  - 8.3.7.1 Market estimates & forecast, 2018-2032
  - 8.3.7.2 Market estimates & forecast, by component, 2018-2032
    - 8.3.7.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.3.7.3 Market estimates & forecast, by application, 2018-2032
    - 8.3.7.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.3.7.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.3.7.4 Market estimates & forecast, by end-use, 2018-2032
- 8.3.8 Italy
  - 8.3.8.1 Market estimates & forecast, 2018-2032
  - 8.3.8.2 Market estimates & forecast, by component, 2018-2032
    - 8.3.8.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.3.8.3 Market estimates & forecast, by application, 2018-2032
    - 8.3.8.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.3.8.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.3.8.4 Market estimates & forecast, by end-use, 2018-2032
- 8.3.9 Russia
  - 8.3.9.1 Market estimates & forecast, 2018-2032
  - 8.3.9.2 Market estimates & forecast, by component, 2018-2032
    - 8.3.9.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.3.9.3 Market estimates & forecast, by application, 2018-2032
    - 8.3.9.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.3.9.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.3.9.4 Market estimates & forecast, by end-use, 2018-2032
8.4 Asia Pacific
- 8.4.1 Market estimates & forecast, 2018-2032
- 8.4.2 Market estimates & forecast, by component, 2018-2032
  - 8.4.2.1 Market estimates & forecast, by hardware, 2018-2032
- 8.4.3 Market estimates & forecast, by application, 2018-2032
  - 8.4.3.1 Market estimates & forecast, by deep space, 2018-2032
  - 8.4.3.2 Market estimates & forecast, by near space, 2018-2032
- 8.4.4 Market estimates & forecast, by end-use, 2018-2032
- 8.4.5 China
  - 8.4.5.1 Market estimates & forecast, 2018-2032
  - 8.4.5.2 Market estimates & forecast, by component, 2018-2032
    - 8.4.5.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.4.5.3 Market estimates & forecast, by application, 2018-2032
    - 8.4.5.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.4.5.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.4.5.4 Market estimates & forecast, by end-use, 2018-2032
- 8.4.6 India
  - 8.4.6.1 Market estimates & forecast, 2018-2032
  - 8.4.6.2 Market estimates & forecast, by component, 2018-2032
    - 8.4.6.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.4.6.3 Market estimates & forecast, by application, 2018-2032
    - 8.4.6.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.4.6.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.4.6.4 Market estimates & forecast, by end-use, 2018-2032
- 8.4.7 Japan
  - 8.4.7.1 Market estimates & forecast, 2018-2032
  - 8.4.7.2 Market estimates & forecast, by component, 2018-2032
    - 8.4.7.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.4.7.3 Market estimates & forecast, by application, 2018-2032
    - 8.4.7.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.4.7.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.4.7.4 Market estimates & forecast, by end-use, 2018-2032
- 8.4.8 South Korea
  - 8.4.8.1 Market estimates & forecast, 2018-2032
  - 8.4.8.2 Market estimates & forecast, by component, 2018-2032
    - 8.4.8.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.4.8.3 Market estimates & forecast, by application, 2018-2032
    - 8.4.8.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.4.8.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.4.8.4 Market estimates & forecast, by end-use, 2018-2032
8.5 Latin America
- 8.5.1 Market estimates & forecast, 2018-2032
- 8.5.2 Market estimates & forecast, by component, 2018-2032
  - 8.5.2.1 Market estimates & forecast, by hardware, 2018-2032
- 8.5.3 Market estimates & forecast, by application, 2018-2032
  - 8.5.3.1 Market estimates & forecast, by near space, 2018-2032
- 8.5.4 Market estimates & forecast, by end-use, 2018-2032
- 8.5.5 Brazil
  - 8.5.5.1 Market estimates & forecast, 2018-2032
  - 8.5.5.2 Market estimates & forecast, by component, 2018-2032
    - 8.5.5.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.5.5.3 Market estimates & forecast, by application, 2018-2032
    - 8.5.5.3.1 Market estimates & forecast, by near space, 2018-2032
  - 8.5.5.4 Market estimates & forecast, by end-use, 2018-2032
8.6 MEA
- 8.6.1 Market estimates & forecast, 2018-2032
- 8.6.2 Market estimates & forecast, by component, 2018-2032
  - 8.6.2.1 Market estimates & forecast, by hardware, 2018-2032
- 8.6.3 Market estimates & forecast, by application, 2018-2032
  - 8.6.3.1 Market estimates & forecast, by deep space, 2018-2032
  - 8.6.3.2 Market estimates & forecast, by near space, 2018-2032
- 8.6.4 Market estimates & forecast, by end-use, 2018-2032
- 8.6.5 Israel
  - 8.6.5.1 Market estimates & forecast, 2018-2032
  - 8.6.5.2 Market estimates & forecast, by component, 2018-2032
    - 8.6.5.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.6.5.3 Market estimates & forecast, by application, 2018-2032
    - 8.6.5.3.1 Market estimates & forecast, by deep space, 2018-2032
    - 8.6.5.3.2 Market estimates & forecast, by near space, 2018-2032
  - 8.6.5.4 Market estimates & forecast, by end-use, 2018-2032
- 8.6.6 South Africa
  - 8.6.6.1 Market estimates & forecast, 2018-2032
  - 8.6.6.2 Market estimates & forecast, by component, 2018-2032
    - 8.6.6.2.1 Market estimates & forecast, by hardware, 2018-2032
  - 8.6.6.3 Market estimates & forecast, by application, 2018-2032
    - 8.6.6.3.1 Market estimates & forecast, by near space, 2018-2032
  - 8.6.6.4 Market estimates & forecast, by end-use, 2018-2032

Chapter 10 Company Profiles

9.1 Altius Space Machines, Inc.
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
9.2 Astrobotic Technology, Inc.
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
9.3 GITAI, Inc.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
9.4 Honeybee Robotics, Ltd.
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
9.5 KBR Inc. (Stinger Ghaffarian Technologies)
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
9.6 Maxar Technologies, Inc.
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
9.7 Motiv Space Systems, Inc.
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
9.8 Northrop Grumman Corporation
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
9.9 Oceaneering International Inc.
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
9.10 Space Application Services NV/SA
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
9.11 Space Exploration Technology Corp. (SpaceX)
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis