Space Robotics Market to Reach USD 10.1 Billion by 2032, Growing at 8.7% CAGR

The Global Space Robotics Market reached USD 5.2 billion in 2024 and is projected to hit USD 10.1 billion by 2032, growing at a CAGR of 8.7% from 2025 to 2032.

This growth stems from increasing investments in space exploration, satellite deployment, and maintenance missions. Space robotics improve mission efficiency, lower human risk, and allow complex tasks like assembly, inspection, and repair of spacecraft in orbit. Growing government and private sector efforts in space technology and exploration are further driving market expansion.

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Key Developments:

United States:

- October 2025: SoftBank Group completed the acquisition of ABB's robotics division to expand its industrial and space robotics capabilities.

- September 2025: NASA's Artemis program deployed a new robotic arm designed for lunar exploration, boosting operational capabilities for future missions.

- August 2025: A U.S.-based company developed an autonomous robotic system for satellite servicing, which includes refueling and maintenance tasks.

- July 2025: A private space firm launched a prototype robotic rover intended for Mars exploration, marking a significant milestone in planetary robotics.

Japan:

- October 2025: JAXA announced plans for a robotic mission aimed at asteroid sample collection, scheduled for launch in 2027.

- September 2025: A Japanese robotics company demonstrated a prototype robotic arm for in-orbit assembly of large space structures.

- August 2025: Collaboration between Japanese universities and private companies led to a compact robotic system for lunar surface exploration.

- July 2025: The Japanese government boosted funding for space robotics research, focusing on autonomous systems for deep-space missions.

Recent Mergers and Acquisitions (M&A):

United States:

- October 2025: SoftBank Group acquired ABB's robotics division to strengthen its capabilities in industrial and space robotics.

- September 2025: A leading U.S. aerospace company bought a satellite servicing robotics startup to include autonomous systems in orbital operations.

- August 2025: Northrop Grumman formed a joint venture with a robotics AI startup to develop autonomous robotic solutions for satellite inspection and repair.

Japan:

- October 2025: A Japanese aerospace company acquired a robotics startup that specializes in autonomous systems for satellite servicing.

- September 2025: Mitsubishi Electric integrated a domestic robotics firm focused on deep-space exploration and robotic arms into its space technology division.

- August 2025: NEC Corporation partnered with a university spin-off to acquire intellectual property and patents for autonomous robotic navigation in low-gravity environments.

- July 2025: A group of Japanese aerospace companies merged with a robotics hardware firm to speed up the development of modular robotic systems for orbital and lunar missions.

Key Players:

Northrop Grumman, Redwire Corporation, iSpace Inc., BLUE ORIGIN (Honeybee Robotics), Motiv Space Systems Inc., Maxar Technologies, Astrobotic Technology, Space Applications Services, Ceres Robotics Inc., and Lunar Resources, Inc.

Market Dynamics and Growth Drivers:

-Government Initiatives and Strategic Investments: Japan's space industry is expected to grow significantly by the early 2030s. The government is supporting this growth with substantial investments, which include funds for the Japan Aerospace Exploration Agency (JAXA) to enhance space exploration and robotics capabilities.

-Advancements in AI and Robotics Integration: The integration of artificial intelligence (AI) with robotic systems is a key trend. AI improves the capabilities of robotic systems, enabling them to perform complex tasks independently and effectively, which is vital for space exploration and satellite deployment.

-Collaborations and International Partnerships: Japanese companies are increasingly partnering with international organizations to advance space robotics technologies. These collaborations drive innovation and strengthen Japan's global position in space robotics.

-Commercialization of Space Debris Removal: Japanese firms are actively creating solutions for removing space debris. Successful demonstrations and upcoming commercial missions demonstrate the growing need for space robotics in managing orbital debris.

-Private Sector Investments and Innovations: Private companies in Japan are investing heavily in space robotics and satellite launch capabilities. These investments boost Japan's competitive advantage in the space industry and support innovative space missions.

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Growth Forecast Projected:

The Global Space Robotics Market is expected to rise significantly from 2024 to 2031. In 2023, the market is growing steadily, and with increasing strategies from key players, it is anticipated to continue rising in the projected period.

Research Process:

The Global Space Robotics Market research report uses both primary and secondary data sources. During the research, a variety of factors that affect the industry were examined. These include government regulations, market conditions, competitive levels, historical data, the current market situation, technological advancements, upcoming developments in related businesses, market volatility, potential barriers, and challenges.

Key Segments:

- By Solution: Remotely Operated Vehicles, Remote Manipulator System, Software, Services
- By Application: Space Exploration, Satellite Servicing, Space Infrastructure Assembly
- By End User: Government, Commercial

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Benefits of the Report:

Chapter 1: Introduces the report by summarizing the key market segments by region, product type, and application. It provides an overview of market sizes, growth potential across segments, and anticipated changes in the industry both short and long term.

Chapter 2: Highlights key market insights and identifies the most important emerging trends driving change within the industry.

Chapter 3: Offers a detailed look at the competitive landscape among producers in the Space Robotics Market, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents detailed profiles of key players in the market, including information on revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Space Robotics Market revenue at regional and country levels, offering quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and identifying promising sectors for expansion.

Chapter 9: Provides a comprehensive review of the industry's supply chain, outlining both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and emphasizes the most critical insights for industry stakeholders.

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