Emergen Research’s latest document, titled ‘Global Space Robotics Market - Forecast to 2030,’ is one of the most sought-after market reports involving an in-depth analysis of the global Space Robotics market. The report’s authors have offered necessary details on the latest Space Robotics market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Space Robotics industry entails useful insights into the estimated Space Robotics market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Space Robotics market.

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.

Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report.  The coronavirus outbreak has led to drastic changes in the current Space Robotics business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Space Robotics market growth assessed on both regional and global levels.

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Market Scope:

One of the report’s central components is the broad Space Robotics market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Space Robotics market players.

Highlights of the TOC: 

  1. Report Overview 
    1.1 Research Scope
    1.2 Key Space Robotics market segments
    1.3 Major players
    1.4 Market analysis by product
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends 
    2.1 Global Space Robotics market size
    2.2 Latest Space Robotics market trends
    2.3 Key growth trends
  3. Competitive Landscape 
    3.1 Global Space Robotics market key players
    3.2 Global Space Robotics size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Space Robotics market
    3.5 Mergers, acquisitions, joint ventures, and strategic alliances

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Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Leading Players Profiled in the Report:

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

Segments Covered in this report are:

  • Offerings Outlook (Revenue, USD Billion; 2019-2030)

    • Solution
      1. Autonomous Sensors and Systems
      2. Robotics and Subsystems
      3. Software
      4. Others
    • Services
      1. Satellite Servicing
      2. On-orbit Assembly
      3. Surface Mobility
      4. De-orbiting Services
      5. Others

  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Near Space
      1. Space Operations
      2. Space Exploration
      3. Space Transportation
      4. In Space 3D Printing
      5. Others
    • Deep Space
      1. Space Transportation
      2. Space Exploration
    • Ground

  • End-Use Outlook (Revenue, USD Billion; 2019-2030)

    • Government
      1. Defense Department
      2. Space Agencies
      3. Others
    • Commercial
      1. Private Satellite Operators
      2. Launch Service Providers
      3. Others

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Key questions addressed in the report:

  • What are the key factors driving the global Space Robotics market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Space Robotics market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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About Emergen Research

Emergen Research is a Marketresearch and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Marketintelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.