Space Robotics Market Size, Share, and Analysis, By Solution (Remote Manipulator System, Remotely Operated Vehicles, Services, Software), By Application (Ground, Near Space, Deep Space), By End User (Government, Commercial) and Regional Forecasts, 2022-2032

October 2023 | 325 pages | ID: S666C49DF8F4EN
Fatpos Global

Abstracts

Space Robotics Market Size, Share, and Analysis, By Solution (Remote Manipulator System, Remotely Operated Vehicles, Services, Software), By Application (Ground, Near Space, Deep Space), By End User (Government, Commercial) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Space Robotics Market size was USD 3.79 billion in 2021 and projected t%li%grow from USD 4.4 billion in 2023 t%li%USD 9 billion by 2032, exhibiting a CAGR of 8.2% during the forecast period.

Space robots are a type of robots which are self-controlled and are created t%li%perform activities in space. These devices contain electrical, mechanical, and electronic parts like actuators, controller, sensors, communication system and power supply which perform activities replicating a living agent by exploring inaccessible areas by humans as they can sustain in the harsh environment of space. They are designed t%li%execute the programmed tasks like maintenance, construction, servicing of spatial satellites, etc. over prolonged periods without the supervision of humans. Space robots are advantageous as they are cost effective, offer better productivity..

MARKET HIGHLIGHTS

Space Robotics Market is expected t%li%reach USD 9 billion, growing at a CAGR of 8.2% during forecast period owing t%li%the increasing investments in space robotics globally along with the growing demand for satellite launches. The merging of key market players t%li%expand their business activities is als%li%anticipated t%li%boost market growth. The technological advancements in space industry by utilizing various software t%li%improve flexibility t%li%alter space missions is expected t%li%drive demand for market growth. Robots improve the human ability t%li%investigate and work in space by permitting better handling abilities. Space robots serves as a multi-disciplinary approach.

Space Robotics Market Segments:

• Solution

Remote Manipulator System

Remotely Operated Vehicles

Services

Software

• Application

Ground

Near Space

Deep Space

• End User

Government

Commercial

MARKET DYNAMICS

Growth Drivers

Growing Expenditure on Space Robotics is Expected t%li%Boost Market Growth

Growing Space Exploration Activities May Boost the Growth of the Market

Restraint

High Manufacturing Cost May Restrain the Growth of the Market

Key Players

• Northrop Grumman Corporation
• Space applications services nv/sa
• Oceaneering International, Inc
• Motiv space systems, inc.
• Intuitive Machines, LLC
• Altius Space Machines
• Astrobotic Technology
• ispace inc.
• Honeybee robotics
• Maxar Technologies
• Olis Robotics
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons t%li%Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight int%li%the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
• 3-month post-sales analyst support.

Contents

1. EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2. Business Trends
1.3. Space Robotics Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
  2.5.1. Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1. Market Definition
3.2. Space Robotics Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data

4. SPACE ROBOTICS MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7. MARKET DYNAMICS

7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends

8. RISK ANALYSIS

9. MARKET ANALYSIS

9.1. Porters Five Forces
9.2. PEST Analysis
  9.2.1. Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10. SPACE ROBOTICS MARKET

10.1. Overview
10.2. Historical Analysis (2016-2021)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11. SPACE ROBOTICS MARKET SIZE & FORECAST 2022A-2032F

11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
  11.3.1. By Solution
    11.3.1.1. Remote Manipulator System
      11.3.1.1.1. By Value (USD Million) 2022-2032F
      11.3.1.1.2. Market Share (%) 2022-2032F
      11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.2. Remotely Operated Vehicles
      11.3.1.2.1. By Value (USD Million) 2022-2032F
      11.3.1.2.2. Market Share (%) 2022-2032F
      11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.3. Services
      11.3.1.3.1. By Value (USD Million) 2022-2032F
      11.3.1.3.2. Market Share (%) 2022-2032F
      11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.4. Software
      11.3.1.4.1. By Value (USD Million) 2022-2032F
      11.3.1.4.2. Market Share (%) 2022-2032F
      11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
  11.3.2. By Application
    11.3.2.1. Ground
      11.3.2.1.1. By Value (USD Million) 2022-2032F
      11.3.2.1.2. Market Share (%) 2022-2032F
      11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.2. Near Space
      11.3.2.2.1. By Value (USD Million) 2022-2032F
      11.3.2.2.2. Market Share (%) 2022-2032F
      11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.3. Deep Space
      11.3.2.3.1. By Value (USD Million) 2022-2032F
      11.3.2.3.2. Market Share (%) 2022-2032F
      11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
  11.3.3. By End User
    11.3.3.1. Government
      11.3.3.1.1. By Value (USD Million) 2022-2032F
      11.3.3.1.2. Market Share (%) 2022-2032F
      11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.2. Commercial
      11.3.3.2.1. By Value (USD Million) 2022-2032F
      11.3.3.2.2. Market Share (%) 2022-2032F
      11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F

12. NORTH AMERICA SPACE ROBOTICS MARKET SIZE & FORECAST 2022A-2032F

12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1. By Solution
  12.3.2. By Application
  12.3.3. By End User
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13. EUROPE SPACE ROBOTICS MARKET SIZE & FORECAST 2022A-2032F

13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1. By Solution
  13.3.2. By Application
  13.3.3. By End User
13.4. Country
  13.4.1. Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14. ASIA SPACE ROBOTICS MARKET SIZE & FORECAST 2022A-2032F

14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
  14.3.1. By Solution
  14.3.2. By Application
  14.3.3. By End User
14.4. Country
  14.4.1. India
  14.4.2. China
  14.4.3. South Korea
  14.4.4. Japan
  14.4.5. Rest of APAC

15. MIDDLE EAST AND AFRICA SPACE ROBOTICS MARKET SIZE & FORECAST 2022A-2032F

15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1. By Solution
  15.3.2. By Application
  15.3.3. By End User
15.4. Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4. South Africa
  15.4.5. Rest of Middle East and Africa

16. LATIN AMERICA SPACE ROBOTICS MARKET SIZE & FORECAST 2022A-2032F

16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1. By Solution
  16.3.2. By Application
  16.3.3. By End User
16.4. Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders

18. COMPANY PROFILES

18.1. Northrop Grumman Corporation
  18.1.1. Company Overview
  18.1.2. Financial Overview
  18.1.3. Key Product; Analysis
  18.1.4. Company Assessment
    18.1.4.1. Product Portfolio
    18.1.4.2. Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2. Space applications services nv/sa
18.3. Oceaneering International, Inc
18.4. Motiv space systems, inc.
18.5. Intuitive Machines, LLC
18.6. Altius Space Machines
18.7. Astrobotic Technology
18.8. ispace inc.
18.9. Honeybee robotics
18.10. Maxar Technologies
18.11. Olis Robotics
18.12. Other Prominent Players

19. APPENDIX

20. CONSULTANT RECOMMENDATION