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Aerospace Service Robotics Market by Function, Drivers, Restraints and Industry Forecast By 2029

12-05-2022 10:37 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

An aerospace service robot is a robot that performs useful tasks for humans or equipment without industrial automation function in the aerospace industry. These robots assist humans by performing harmful, dull, and repetitive tasks. These robots have witnessed widespread acceptance among aerospace industry owing to benefits such as delivery of accurate and high-quality services, enhanced usability, and reduced operational costs and human errors. Key players in this market are developing smaller sized and technologically advanced aerospace service robot, leading to high adoption of lightweight and multi-functional robots.

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The global aerospace service robotics market is driven by various benefits of aerospace service robots; increase in demand for unmanned aerial vehicles; and growth in usage of robotics in many processes such as to handle aircraft orders backlog, efficient aircraft production processes, and others. However, high initial cost of implanting robotics and rapid technological changes limits the market growth. Furthermore, emergence of multifunctional robots equipped with sensors and mobile units to perform required tasks autonomously with the cooperation of humans and development of telerobotics for space are expected to provide numerous opportunities for expansion.

The global aerospace service robotics market is segmented on the basis of function, type, technology, component, and region. The function segment covered in this study includes unmanned aircraft service robotics, spacecraft service robotics, and satellite service robotics. Based on type, the market is divided into articulated, SCARA, cylindrical, and others. On the basis of technology, it is bifurcated into traditional and collaborative. Based on component, it is classified into controller, sensors, drive, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global aerospace service robotics market is dominated by key players such as Dassault Aviation, Israel Aerospace Industries Ltd., AeroVironment, Inc., European Aeronautic Defence and Space Co. N.V., Advanced Robotics Ltd., Schiebel Corporation., BlueBotics, MacDonald Dettwiler Space, Von Hoerner & Sulger GmbH (vH&S GmbH), and Universal Robots A/S.

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Key Benefits
• The study provides an in-depth analysis of the global aerospace service robotics market and current & future trends to elucidate the imminent investment pockets.
• Information about key drivers, restrains, and opportunities and their impact analysis on the market size are provided.
• Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in this industry.
• The quantitative analysis of the global market from 2017 to 2023 is provided to determine the market potential.

Aerospace Service Robotics Market Key Segments:

By Function
• Unmanned Aircraft Service Robotics
• Spacecraft Service Robotics
• Satellite Service Robotics
By Type
• Articulated
• SCARA
• Cylindrical
• Others
By Technology
• Traditional
• Collaborative
By Component
• Controller
• Sensors
• Drive
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Russia
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa

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Key Market Players Profiled In The Report
• Dassault Aviation
• Israel Aerospace Industries Ltd.
• AeroVironment, Inc.
• European Aeronautic Defence and Space Co. N.V.
• Advanced Robotics Ltd.
• Schiebel Corporation
• BlueBotics
• MacDonald Dettwiler Space
• Von Hoerner & Sulger GmbH (vH&S GmbH)
• Universal Robots A/S

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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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