The global space robotics market size reached USD 4.32 Billion in 2021 and is expected to register a revenue CAGR of 4.7% during the forecast period, according to latest analysis by Emergen Research. Increasing incorporation of Internet of Things (IoT)-enabled smart robotic systems is a key factor driving market revenue growth. Technologies such as Artificial Intelligence (AI) and IoT have significantly boosted speed of development and acceptance of the Internet of Robotic Things (IoRT), which is a robotic process system that enables space robots to communicate safely with other IoT-enabled devices, learn, and develop characteristics such as self-maintenance and self-awareness. In addition, IoRT applications enable space robots to plan, execute, and complete tasks under varying environmental conditions and situations by leveraging the information collected from their own infrastructure and the collective intelligence of robotic things. In addition, technologies such as AI aid robotic devices to operate using learning algorithms and provide cognitive decision-making capabilities. Moreover, converging IoT, AI, and robotics boosts development of IoRT applications that improve awareness and decision-making, thereby resolving complex operations more effectively.
The latest market intelligence report, titled ‘Global Space Robotics Market’, is intended to provide the target audience with the necessary information about the global Space Robotics market industry The report carefully investigates the present market scenario and the fundamental growth prospects. The research may be useful for leading businesses looking for new sources of income, as well as for businesses aiming to diversify into new markets or expand their current operations, as well as for businesses seeking to diversify into new markets.The report entails an organized database of the Space Robotics market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Covid 19 impact analysis :
In view of the current COVID-19 pandemic, the growth of the Space Robotics industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Space Robotics sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Space Robotics industry.
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Top key players:
Oceaneering International, Inc., Northrop Grumman, Motiv Space System, Inc., Metecs, LLC, Maxar Technologies, Intuitive Machines, LLC, Astrobotic Technology, Inc., Altius Space Machines, Motiv Space Systems, Inc., Ispace, Inc., Olis Robotics, and Stinger Ghaffarian Technologies, Inc
How will the Space Robotics Market, 2022 to 2030 report help you?
In summary, our 250-page report provides you with the following knowledge:
Revenue forecasts to 2030 for Space Robotics Market, 2022 to 2030 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2030 for four regional and 20 key national markets – See forecasts for the Space Robotics Market, 2022 to 2030 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Space Robotics Market, 2022 to 2030.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
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Segmentation :
-
Offerings Outlook (Revenue, USD Billion; 2019-2030)
- Solution
- Autonomous Sensors and Systems
- Robotics and Subsystems
- Software
- Others
- Services
- Satellite Servicing
- On-orbit Assembly
- Surface Mobility
- De-orbiting Services
- Others
- Solution
-
Application Outlook (Revenue, USD Billion; 2019-2030)
- Near Space
- Space Operations
- Space Exploration
- Space Transportation
- In Space 3D Printing
- Others
- Deep Space
- Space Transportation
- Space Exploration
- Ground
- Near Space
-
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Government
- Defense Department
- Space Agencies
- Others
- Commercial
- Private Satellite Operators
- Launch Service Providers
- Others
- Government
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Space Robotics market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
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You need to discover how this will impact the Space Robotics market today, and over the next 10 years:
Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them – Now.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Space Robotics market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
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