Space Robotics Market Size, Share & Trends Analysis Report By Solution (Services, ROVs), By Application (Near Space, Deep Space), By Organization Type (Commercial, Government), By Region, And Segment Forecasts, 2023 - 2030

Space Robotics Market Size, Share & Trends Analysis Report By Solution (Services, ROVs), By Application (Near Space, Deep Space), By Organization Type (Commercial, Government), By Region, And Segment Forecasts, 2023 - 2030


Space Robotics Market Growth & Trends

The global space robotics market size is expected to reach USD 8.48 billion by 2030, registering a CAGR of 8.8% during the forecast period, according to a new report by Grand View Research, Inc. Space robotics is gaining traction in recent years owing to the growing exploration of outer space; the need for operations & maintenance of satellites, space stations, and other platforms; and the need for saving cost and mitigating safety issues. Furthermore, the rising trend of using autonomous systems and Artificial Intelligence (AI) technology in robotics is widening the horizon of space exploration.

Several countries are launching multiple spaceship and satellite programs for near and deep space exploration, which requires timely maintenance and repairs, creating the need for advanced robotics systems. Renowned space organizations, such as the National Aeronautics and Space Administration (NASA), the European Space Agency (ESA), the Canadian Space Agency (CSA), and the Japan Aerospace Exploration Agency (JAXA), are developing humanoid robots for their space programs to perform transportation, maintenance, and servicing operations, relieving crew from dangerous tasks. Moreover, the rising number of unmanned space missions are fueling the demand for space robots.

Space robotics provides greater access and operational handing capabilities in space. Moreover, the robots can help astronauts perform several cognitive tasks in the space station. Due to their larger application scope, robots are deemed relevant across all the mission phases, such as launch, operation, development, and flight system production. The rising number of scientific space research programs also boosts the demand for advanced robots with Machine Learning (ML) capabilities. Machine learning improves the autonomous functions of robots, such as sensing, planning, and navigation. The technology also helps in diversifying locomotion and increasing the autonomy level of space robotic arms. The scope of space robots is expected to shift toward robotic explorers and robotic assistance in the coming years.

Europe has been very active in the development of space robotics technology. The ESA is developing the European Robotic Arm (ERA), which is to be installed on the Russian segment of ISS. Moreover, the Luxembourg Space Agency (LSA) is developing a low-cost and scalable robotic arm for low-orbit satellite programs. The LSA is keen on building a space resource industry in the country. In 2019, the Luxembourg Government signed a memorandum of understanding with NASA to work on space programs jointly. These initiatives are expected to propel the market growth over the forecast period.

Space Robotics Market Report Highlights
  • The Remotely Operated Vehicles (ROVs) segment is expected to register the fastest CAGR over the forecast period owing to the increasing demand for autonomous robots in the space industry
  • The deep-space segment is estimated to be the fastest-growing application from 2023 to 2030 owing to the growing emphasis on outer space exploration programs
  • The government segment led the market in 2022 and is expected to retain the dominant position throughout the forecast years as government organizations, such as NASA, JAXA, ESA, and CSA, are collaborating with private companies owing to their robust R&D capabilities.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Solution
1.1.2. Application
1.1.3. Organization type
1.1.4. Regional scope
1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. GVR’s internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Solution outlook
2.2.2. Application outlook
2.2.3. Organization type outlook
2.2.4. Regional outlook
2.3. Competitive Insights
Chapter 3. Space Robotics Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunity Analysis
3.4. Space Robotics Market Analysis Tools
3.4.1. Industry Analysis - Porter’s Five Forces
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic Landscape
3.4.2.4. Social Landscape
Chapter 4. Space Robotics Market: Solution Estimates & Trend Analysis
4.1. Space Robotics Market: Key Takeaways
4.2. Space Robotics Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Remotely Operated Vehicles(ROV)
4.3.1. Remotely operated vehicles market estimates and forecasts, 2017 to 2030 (USD Million)
4.3.2. Rovers/Spacecraft Landers
4.3.2.1. Rovers/spacecraft landers market estimates and forecasts, 2017 to 2030 (USD Million)
4.3.3. Space Probes
4.3.3.1. Space probes market estimates and forecasts, 2017 to 2030 (USD Million)
4.3.4. Others
4.3.4.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
4.4. Remote Manipulator System (RMS)
4.4.1. Remote manipulator system market estimates and forecasts, 2017 to 2030 (USD Million)
4.4.2. Robotic Arms/Manipulator Systems
4.4.2.1. Robotic arms/manipulator systems market estimates and forecasts, 2017 to 2030 (USD Million)
4.4.3. Gripping & Docking Systems
4.4.3.1. Gripping & Docking Systems market estimates and forecasts, 2017 to 2030 (USD Million)
4.4.4. Others
4.4.4.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
4.5. Software
4.5.1. Software market estimates and forecasts, 2017 to 2030 (USD Million)
4.6. Services
4.6.1. Services market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 5. Space Robotics Market: Application Estimates & Trend Analysis
5.1. Space Robotics Market: Key Takeaways
5.2. Space Robotics Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Deep Space
5.3.1. Deep space market estimates and forecasts, 2017 to 2030 (USD Million)
5.3.2. Space Transportation
5.3.2.1. Space transportation market estimates and forecasts, 2017 to 2030 (USD Million)
5.3.3. Space Exploration
5.3.3.1. Space exploration market estimates and forecasts, 2017 to 2030 (USD Million)
5.3.4. Others
5.3.4.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
5.4. Near Space
5.4.1. Near space market estimates and forecasts, 2017 to 2030 (USD Million)
5.4.2. Space Transportation
5.4.2.1. Space transportation market estimates and forecasts, 2017 to 2030 (USD Million)
5.4.3. Space Exploration
5.4.3.1. Space exploration market estimates and forecasts, 2017 to 2030 (USD Million)
5.4.4. In-space Maintenance
5.4.4.1. In-space Maintenance market estimates and forecasts, 2017 to 2030 (USD Million
5.4.5. Others
5.4.5.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
5.5. Ground
5.5.1. Ground market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 6. Space Robotics Market: Organization Type Estimates & Trend Analysis
6.1. Space Robotics Market: Key Takeaways
6.2. Space Robotics Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Commercial
6.3.1. Commercial market estimates and forecasts, 2017 to 2030 (USD Million)
6.4. Government
6.4.1. Government market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 7. Space Robotics Market: Regional Estimates & Trend Analysis
7.1. Regional Outlook
7.2. Space Robotics Market by Region: Key Takeaway
7.3. North America
7.3.1. North America market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.3.2. U.S.
7.3.2.1. U.S. market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.3.3. Canada
7.3.3.1. Canada market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4. Europe
7.4.1. Europe market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4.2. UK
7.4.2.1. UK market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4.3. Germany
7.4.3.1. Germany market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4.4. France
7.4.4.1. France market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5. Asia Pacific
7.5.1. Asia Pacific market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.2. Japan
7.5.2.1. Japan market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.3. China
7.5.3.1. China market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.4. India
7.5.4.1. India market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.5. Australia
7.5.5.1. Australia market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.6. South Korea
7.5.6.1. South Korea market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.6. Latin America
7.6.1. Latin America market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.6.2. Brazil
7.6.2.1. Brazil market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.6.3. Mexico
7.6.3.1. Mexico market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7. MEA
7.7.1. MEA market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7.2. Saudi Arabia
7.7.2.1. Saudi Arabia market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7.3. South Africa
7.7.3.1. South Africa market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7.4. UAE
7.7.4.1. UAE market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
8.2.1. ALTIUS SPACE MACHINES.
8.2.1.1. Company overview
8.2.1.2. Financial performance
8.2.1.3. Product benchmarking
8.2.1.4. Strategic initiatives
8.2.2. ASTROBOTIC TECHNOLOGY
8.2.2.1. Company overview
8.2.2.2. Financial performance
8.2.2.3. Product benchmarking
8.2.2.4. Strategic initiatives
8.2.3. BluHaptics, Inc.
8.2.3.1. Company overview
8.2.3.2. Financial performance
8.2.3.3. Product benchmarking
8.2.3.4. Strategic initiatives
8.2.4. Honeybee Robotics
8.2.4.1. Company overview
8.2.4.2. Financial performance
8.2.4.3. Product benchmarking
8.2.4.4. Strategic initiatives
8.2.5. Intuitive Machines, LLC.
8.2.5.1. Company overview
8.2.5.2. Financial performance
8.2.5.3. Product benchmarking
8.2.5.4. Strategic initiatives
8.2.6. MAXAR TECHNOLOGIES
8.2.6.1. Company overview
8.2.6.2. Financial performance
8.2.6.3. Product benchmarking
8.2.6.4. Strategic initiatives
8.2.7. Metecs, LLC.
8.2.7.1. Company overview
8.2.7.2. Financial performance
8.2.7.3. Product benchmarking
8.2.7.4. Strategic initiatives
8.2.8. Motiv Space Systems, Inc.
8.2.8.1. Company overview
8.2.8.2. Financial performance
8.2.8.3. Product benchmarking
8.2.8.4. Strategic initiatives
8.2.9. Northrop Grumman.
8.2.9.1. Company overview
8.2.9.2. Financial performance
8.2.9.3. Product benchmarking
8.2.9.4. Strategic initiatives
8.2.10. Oceaneering International, Inc.
8.2.10.1. Company overview
8.2.10.2. Financial performance
8.2.10.3. Product benchmarking
8.2.10.4. Strategic initiatives

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