Press release
Space Robotics Global Market 2023 - By Competitors Strategy, Industry Trends, Segments, Regional Analysis, Key Players And Forecast To 2032
Space Robotics Market
Space Robotics Market Size, Growth Rate, And Forecast
The global space robotics market size is expected to grow from $4.30 billion in 2022 to $4.60 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global space robotics market size is expected to reach $6.12 billion in 2027 at a CAGR of 7.4%.
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Space Robotics Market Drivers
Growth in investments in space missions is expected to propel the growth of the space robotics market going forward. The growth in investment in space missions is the increase in the amount of money that is being spent on space exploration and development.
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Space Robotics Market Segments
• By Solution: Remotely Operated Vehicles, Remote Manipulator System, Software, Services
• By Application: Deep Space, Near Space, Ground
• By End-User: Commercial, Government
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Space Robotics market.
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Space Robotics Market Key Players
Major competitors in the Space Robotics market include Northrop Grumman Corporation, Altius Space Machines Inc., Astrobotic Technology Inc., Honeybee Robotics Ltd., Maxar Technologies Inc.
The Business Research Company's "Global Space Robotics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Space Robotics Market Include:
1. Executive Summary
2. Space Robotics Market Characteristics
3. Space Robotics Market Trends And Strategies
4. Space Robotics Market - Macro Economic Scenario
5. Space Robotics Market Size And Growth
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26. Africa Space Robotics Market
27. Space Robotics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Space Robotics Market
29. Space Robotics Market Future Outlook and Potential Analysis
30. Appendix
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