Press release
Space Robotics Market to Reach USD 6.62 Billion by 2028, says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global space robotics market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report covers detailed segmentation by solution type, application type, end-user type, and region. The strategic analysis supports decision-making for OEMs, investors, and industry stakeholders evaluating technology adoption, market entry, and growth strategies in space robotics.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/598/space-robotics-market.html#form
MARKET STATISTICS
• Market size (2022): USD 4.43 billion
• Forecast value (2028): USD 6.62 billion
• CAGR (2023-2028): 6.77%
• Forecast period: 2023-2028
• Base year: 2022
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
MARKET SEGMENTATION
By Solution Type
Services
Products
By Application Type
Deep Space
Near Space
Ground
By End-User Type
Commercial
Government
By Region
North America
Europe
Asia-Pacific
Rest of the World
SEGMENT ANALYSIS
On solution type, the satellite servicing segment dominated the market in 2022 and is expected to remain dominant through the forecast period due to growing demand for services such as satellite refueling, de-orbiting, surface mobility, and resupply missions that enhance asset longevity and operational efficiency in orbit. This dominance underscores the strategic opportunity for service-oriented robotics providers to capture recurring revenue streams from satellite operators and space agencies.
Within application type, the near space segment is projected to register the highest growth over 2023-2028. This is driven by increased resupply missions to the International Space Station, on-orbit satellite engineering needs, and servicing requirements for geosynchronous satellites. Growing near space activities necessitate robotics that can operate with precision in low-orbital environments, creating strategic scope for technology innovation and deployment.
In terms of end-user type, the commercial segment is expected to see higher growth than the government segment as private enterprises increasingly adopt robotics for satellite servicing, on-orbit refueling, and mission extension services. Commercial operators benefit from robotics by extending satellite life cycles and improving flexibility in fleet management, which strengthens investment cases for robotics integration.
REGIONAL INSIGHTS
In terms of regions, North America was expected to register the largest share of the market in 2022, and the region is expected to continue its dominance during the forecast period as well. The market is driven by high demand for space robotic activities from prominent establishments, such as NASA and the Department of Defense, owing to the rising dependence on space resources and for empowering safety in space operations. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
MARKET DRIVERS
• Growing space exploration activities increasing demand for autonomous robotic systems.
• Advancements in robotics technology (AI, machine learning) enhancing operational capabilities and autonomy.
• Development of autonomous systems and roadmaps by space agencies to support future missions.
• Cost-effectiveness and ability of robots to operate longer in hazardous environments than humans.
• Rising commercial satellite servicing and mission extension needs driving demand for space robotics services.
Top Companies in the Market
• Altius Space Machines
• Astrobotic Technology
• Effective Space Solutions
• Honeybee Robotics
• ITT Corporation
• Maxar Technologies
• Motiv Space Systems
• Northrop Grumman
• Olis Robotics
• Stinger Ghaffarian Technologies (SGT)
FAQs
1. What is the current size of the space robotics market and its projected growth?
The space robotics market was valued at USD 4.43 billion in 2022 and is projected to reach USD 6.62 billion by 2028, growing at a CAGR of 6.77% from 2023 to 2028. This growth reflects expanding space exploration and servicing activities requiring autonomous robotics solutions.
2. Which segment dominates the space robotics market by solution type?
The satellite servicing segment led the market in 2022 due to high demand for services that maintain and extend the life of orbital assets, addressing operational needs for satellite fleet management.
3. Why is the near-space application segment expected to grow fastest?
The near space segment is forecast to grow fastest because of increased resupply missions to stations like the ISS and heightened requirements for servicing satellites in orbit, necessitating precision robotics.
4. Which region holds the largest share of the space robotics market?
North America holds the largest share, driven by significant investments in space robotics from leading agencies and defense organizations that prioritize robotic solutions for complex space missions.
5. How are commercial end users influencing market dynamics?
Commercial users are driving higher growth by adopting robotics for satellite servicing, extension of satellite life, and mission flexibility, making robotics a strategic asset for profitability and operational efficiency.
Related Links:
Afp Alt Composite Market: https://zekond.com/read-blog/265339
Composite Frac Plugs And Frac Bulbs: http://www.mizmiz.de/read-blog/232770
Electrolyzer Bipolar Plates Market: https://www.friend007.com/read-blog/262937
Electrolyzer Catalyst Layer Market: https://plaza.rakuten.co.jp/ingnews/diary/202510130000/
Electrolyzer Pem Membrane Market: https://plaza.rakuten.co.jp/ingnews/diary/202510140000/
Electrolyzer Stack Systems Market: https://plaza.rakuten.co.jp/ingnews/diary/202510140001/
Forged Composite Market: https://plaza.rakuten.co.jp/ingnews/diary/202510140003/
Hydrogen Stack Systems Market: https://plaza.rakuten.co.jp/ingnews/diary/202510140002/
Indian Carbon Fiber Market: https://zekond.com/read-blog/266603
Industrial Power Transmission Chain Market: https://zekond.com/read-blog/266919
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Space Robotics Market to Reach USD 6.62 Billion by 2028, says Stratview Research here
News-ID: 4371150 • Views: …
More Releases from Stratview Research
Electric Vehicle Polymers Market to Reach USD 280.2 Billion by 2030, Says Stratv …
The Electric Vehicle Polymers Market encompasses polymers used in electric cars to reduce vehicle weight while maintaining strength, insulation, and durability. The market is forecast to reach USD 280.2 billion by 2030, up from USD 32.8 billion in 2024, at a 42.3 % CAGR during 2025-2030. The dominant growth driver is the accelerating global adoption of electric vehicles, which structurally increases demand for lightweight, high-performance materials that improve vehicle range…
Ceramic Armor Market to Reach USD 3.84 Billion by 2028, Says Stratview Research
The global Ceramic Armor Market is forecast to grow from an estimated USD 2.34 billion in 2022 to USD 3.84 billion by 2028, expanding at a CAGR of 8.53% during the 2023-2028 period. Ceramic armor-high-hardness, lightweight protective material used in body, vehicle, aircraft, and marine armour-is gaining traction primarily due to rising defense and military expenditure worldwide, which structurally increases demand for advanced protective systems from armed forces and law…
Drone Defense System Market to Reach USD 48.58 Billion by 2028, Says Stratview R …
The Drone Defense System Market was valued at USD 2.6 billion in 2022 and is projected to reach USD 48.58 billion by 2028, growing at a CAGR of 62.33% during 2023-2028. The drone defense system market comprises technologies and platforms designed to detect, identify, monitor, and counter drone threats using identification, detection, and countermeasure systems. A core driver of this expansion is the rising global requirement for advanced counter-drone systems,…
3D Sensor Market to Reach USD 19.9 Billion by 2032, Says Stratview Research
The 3D Sensor Market encompasses technologies that capture three-dimensional attributes of objects and environments using methods like structured light, time-of-flight, and stereoscopic vision. The market is forecast to reach USD 19.9 billion by 2032, expanding from an estimated USD 6.0 billion in 2024 at a 16.1 % CAGR over the 2025-2032 period. The primary growth driver is the rapid integration of 3D sensors in consumer electronics, where demand for depth…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
