Press release
Space Robotics Market by Capacity, Production, utilization, supply, demand and Growth Rate Analysis 2018-2023
The Space Robotics Market is estimated to be US$ 2.88 Billion in 2018 and is projected to reach US$ 4.36 Billion by 2023, at a CAGR of 8.64% from 2018 to 2023. Increased investments in space exploration missions, growing demand for geostationary satellite servicing, and on-orbit manufacturing and assembly, debris removal and technological advancements in autonomous systems are key factors anticipated to drive the growth of the space robotics market.
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Top Key Vendors in this “Space Robotics Market”report
• Maxar Technologies (US)
• Motiv Space Systems (US)
• Altius Space Machines (US)
• Northrop Grumman (US)
• Honeybee Robotics (US)
• Astrobotic Technology (US)
• Made In Space (US)
• Effective Space Solutions Limited (Israel)
The space robotics market in North America is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to focused efforts of space companies on developing space robotics, rising US commercial/government reliance on space assets, and increasing space exploration activities in the US and Canada.
Reasons to buy this report:
this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, competitive leadership,and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments in the space robotics market, high-growth regions, and market drivers, challenges, and opportunities.
Complete report on Space Robotics Market spread across 128 Pages, Profiling 26 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1808047
The Study Objectives of this report are:
The report analyzes the space robotics market on the basis of solution, application, end user, and region. Based on solution, the market has been segmented into product and services. The product segment has been further divided into robotics and subsystems (rovers, space probes, Robotic Servicing Vehicles (RSV), gripping and docking systems, robotic arms/manipulator system, deorbiting robots/systems and crawler-transporter), sensors and autonomous systems, software, and services segment (on-orbit assembly and manufacturing, satellite servicing, de-orbiting services, surface mobility, launch support services and resupply).
Research Coverage:
The report analyzes the space robotics market on the basis of solution, application, end user, and region. Based on solution, the market has been segmented into product and services. The product segment has been further divided into robotics and subsystems (rovers, space probes, robotic servicing vehicles (RSV), gripping and docking systems, robotic arms/manipulator system, de orbiting robots/systems and crawler-transporter), sensors and autonomous systems, software, and services segment (on-orbit assembly and manufacturing, satellite servicing, de-orbiting services, surface mobility, launch support services and resupply).
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on space robotics solutions offered by the top players in the market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the space robotics market
• Market Development: Comprehensive information about lucrative markets – the report analyzes the space robotics market across varied regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the space robotics market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the space robotics market
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