Space Robotics Market Expected to Witness Substantial Growth by 2031 | Astrobotic Technology, motiv space systems
๐๐ฉ๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ by Solution (Remotely Operated Vehicles, Remote Manipulator System, Software, Services), by Application (Deep Space, Near Space, Ground), by End User (Commercial, Government): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the space robotics industry generated $4.3 billion in 2021 and is estimated to reach $8 billion by 2031, witnessing a CAGR of 6.9% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A07165
The rise in the number of space missions planned by various space agencies is driving the growth of the space robotics in deep space. In addition, the incorporation of technology is fostering the application and development of space exploration systems. These space missions aim at the investigation of several intended celestial bodies such as Saturn's moons, Jupiter's moons, Earth's moon, asteroids, Sun, and Mars. Furthermore, these operations are meant to recognize the properties of the planets along with observing their atmosphere and analyzing the possibility of life at different planets.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
motiv space systems, inc., Maxar Technologies, Northrop Grumman Corporation, ispace inc., space applications services nv/sa, Oceaneering International, Inc., honeybee robotics, Astrobotic Technology, Altius Space Machines, Olis Robotics
Increase in investments in space robotics, rising demand for satellite launches, and the surge in the number of Joint ventures by major players to broaden their business and geographic reach across the world drive the growth of the global space robotics market. On the other hand, high costs associated with space exploration missions restrain the market growth to some extent. However, technological advancements in the space industry and the use of software-defined technology in space robots are expected to create lucrative opportunities in the industry.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/c3606e3f4f9101c6008be83357685fd7
By application, the near space segment accounted for nearly three-fifths of the global space robotics market revenue in 2021 and is projected to rule the roost by 2031. The growing need for continuous servicing & maintenance of active satellites, inflowing government investments, and increasing number of space research & exploration projects across the world are the factors driving the growth of the segment. The ground segment, on the other hand, display the fastest CAGR of 9.6% throughout the forecast period. The rising R&D activities have boosted the demand for space robots in ground applications, thus driving the segment growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
By region, North America accounted for the highest share in 2021, holding nearly three-fifths of the global space robotics market revenue. To cater to the rising demand for commercial purposes, hundreds of new satellites are expected to be launched in near future. Also, the governing relaxation on the sale of high-end satellite images for commercial uses is one of such measures that has offered lucrative opportunities for the market growth across North America. LAMEA, simultaneously, would portray the fastest CAGR of 12.1% from 2022 to 2031.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A07165
Likewise, the military or defense organizations supports the positioning of different types of satellites including surveillance satellites, communication satellites and many others towards monitoring or tracking of future security threats, thereby impacting the growth of space robotics in commercial markets. Such factors are further set to support the growth of space robotics market in the coming years.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By solution, the remotely operated vehicles segment is projected to dominate the global space robotics market in terms of growth rate.
By application, the ground segment is projected to dominate the global space robotics market in terms of growth rate.
By end user, the government segment is projected to dominate the global space robotics market in terms of growth rate.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Space Traffic Management Market - https://www.globenewswire.com/en/news-release/2022/05/30/2452630/0/en/Space-Traffic-Management-Market-to-Garner-22-4-Billion-by-2030-Allied-Market-Research.html
Space Debris Monitoring and Removal Market - https://www.prnewswire.com/news-releases/space-debris-monitoring-and-removal-market-to-reach-2-010-3-million-by-2032-at-7-7-cagr-allied-market-research-301986980.html
Sea Skimmer Missile Market - https://www.prnewswire.com/news-releases/sea-skimmer-missile-market-to-reach-2-7-billion-globally-by-2032-at-6-9-cagr-allied-market-research-301911082.html
High Power Microwave Directed Energy Weapons Market - https://www.prnewswire.com/news-releases/high-power-microwave-directed-energy-weapons-market-to-reach-5-01-billion-globally-by-2032-at-15-1-cagr-allied-market-research-301973855.html
๐๐จ๐ง๐ญ๐๐๐ญ:
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