PUBLISHER: Lucintel | PRODUCT CODE: 1416511
PUBLISHER: Lucintel | PRODUCT CODE: 1416511
The future of the future of the global space sensors and actuators market looks promising with opportunities in the commercial and government and defense markets. The global space sensors and actuators market is expected to reach an estimated $6.0 billion by 2030 with a CAGR of 11.6% from 2024 to 2030. The major drivers for this market are expanding need for wireless sensors in a range of space applications, more electro-hydrostatic actuators are being used in space applications, and the growing use of CMOS image sensors for earth observation and intelligent actuators for microsatellites and robotic space missions.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global space sensors and actuators by product type, platform, application, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies space sensors and actuators companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the space sensors and actuators companies profiled in this report include-
Lucintel forecasts that sensors is expected to witness highest growth over the forecast period.
Within this market, commercial will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Market Size Estimates: Space sensors and actuators market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Space sensors and actuators market by various segments, such as by product type, platform, application, end use industry and region in terms of($B).
Regional Analysis: Space sensors and actuators market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, platform, application, end use industry, and regions for the space sensors and actuators market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the space sensors and actuators market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q.1 What is the space sensors and actuators market size?
Answer: The global space sensors and actuators market is expected to reach an estimated $6.0 billion by 2030.
Q.2 What is the growth forecast for space sensors and actuators market?
Answer: The global space sensors and actuators market is expected to grow with a CAGR of 11.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the space sensors and actuators market?
Answer: The major drivers for this market are expanding need for wireless sensors in a range of space applications, more electro-hydrostatic actuators are being used in space applications, and the growing use of CMOS image sensors for earth observation and intelligent actuators for microsatellites and robotic space missions.
Q4. What are the major segments for space sensors and actuators market?
Answer: The future of the space sensors and actuators market looks promising with opportunities in the commercial and government and defense markets.
Q5. Who are the key space sensors and actuators market companies?
Answer: Some of the key space sensors and actuators companies are as follows:
Q6. Which space sensors and actuators market segment will be the largest in future?
Answer: Lucintel forecasts that sensors is expected to witness highest growth over the forecast period.
Q7. In space sensors and actuators market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.