📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Space Robotics Market Research Report Information By Solution (Products, Services) and By End-User (Government, Commercial) Forecast to 2032

ID: MRFR/A&D/7083-HCR | 173 Pages | Author: Sejal Akre| June 2024

Space Robotics Market Overview

Space Robotics Market Size Valued at USD 465 Billion, market Grow at a CAGR Of 8.98% by 2024 -2032. The demand for space robots is increasing as the requirement for efficient repair, servicing, and maintenance of geostationary satellites grows. The primary aspects driving demand for space robotics technology are cost effectiveness, increased productivity, and the ability to operate in severe space environments. Additionally, the effective execution of future space programs, such as on-orbit manufacturing and assembly aboard the International Space Station, as well as NASA's lunar surface innovation initiative, require sophisticated robotics systems.

Space Robotics Market is predicted to increase as a result of factors such as technical advancements, the growing usage of autonomous systems in space, and an increasing number of space programs. In the robotics business, emerging technologies like as Artificial Intelligence (AI) and Deep Learning (DL) are frequently utilised. Numerous businesses are developing AI-based robots with better exploration capabilities and space mobility.

Market Synopsis

The Global Space Robotics Market has witnessed high growth in recent years owing to rising demand for on-orbit satellite servicing and an increasing number of space exploration missions by private firms. Moreover, the widespread use of satellites for day-to-day communications, national defense, agricultural monitoring, and weather monitoring is driving the growth of the market. However, issues with the mobility and manipulation of space robots are expected to hinder market growth to some extent.

Market USP

The use of robots in space applications reduces risk to human lives.

Market Drivers

  • Growing Demand for In-Orbit Satellite Servicing: It requires a high budget, human resource and time for developing satellites. Hence, if any breakdown occurs in satellite while orbiting the planet it generates heavy loss and also creates lots of space debris. Thus, space robots are increasingly being used for the servicing of satellites in-orbit as failure of these satellites or loss of contact with the control center resulting in the satellite becoming space debris.

  • Increasing Number of Space Exploration Missions by Private Firms

Market Restraints

  • Failures in Space Robots

  • Stringent Regulations


By Solution

  • Products: The segment includes spacecraft landers, space probes, gripping and docking systems, robotic arms or manipulator systems, robotic servicing vehicles, and space debris removal The increasing investments in the development of such products are expected to drive the growth of this segment.

  • Services: Services include on-orbit assembly and manufacturing, satellite servicing, space debris removal, refueling, surface mobility, and launch support. The demand for these services is expected to increase significantly during the review period.

By End-User

  • Government: The segment dominated the global space robotics Industry in 2018 due to the increasing adoption of robots for space exploration activities by government agencies.

  • Commercial: The segment is expected to register a higher growth rate during the forecast period owing to an increase in the number of space exploration activities by private firms.

By Region

  • North America: North America dominated the space robotics market in 2018 and is projected to remain the largest regional market during the forecast period due to the high investments by NASA in the research and developments of space robotics.

  • Europe: Europe is expected to be the second-largest regional market. This can be attributed to the increase in space exploration activities in Russia, the UK, Germany, and France.

  • Asia-Pacific: The market in Asia-Pacific is projected to be the fastest-growing during the forecast period due to high investments in space robotics in countries such as China and India. Moreover, space agencies and private firms in these countries operate several communications, earth observation, and navigational satellites, which is expected to drive market growth in the region.

  • Rest of the World: The market in the rest of the world includes the Middle East & Africa and Latin America. The market in the rest of the world is expected to showcase steady growth due to the increasing demand for communications satellites in Brazil, the UAE, and Saudi Arabia.

Recent Development

March 2022: MDA Ltd., a leading provider of advanced technology and services to the rapidly growing global space industry, unveiled details of its new purpose-built global headquarters and Space Robotics Center of Excellence in Brampton, Ontario, a facility that will support the company's continued growth and lay the groundwork for long-term success in the evolving commercial space robotics market. The new 200,000-square-foot facility will house cutting-edge laboratories, manufacturing, research and development, as well as assembly, integration, and test capabilities. MDA is making a $100 million investment in the project.

March 2022: Motiv Space Systems partnered with Blue Origin to assist the Department of Defense in developing a robotic system capable of repairing, updating, or modifying deployed satellites. The team will submit the ModuLink system, which consists of interfaces, sensors, and a pair of robotic arms, to a Defense Innovation Unit prototype program. ModuLink is built on the company's xLink robotic manipulation technology and is designed to assist in satellite refueling, component repairs, payload module delivery, spacecraft repositioning, and in-space spacecraft assembly.

Key Players

  • Altius Space Machines (US)

  • Astrobotic Technology (US)

  • Effective Space Solutions Ltd (UK)

  • Honeybee Robotics (UK)

  • Ispace (Japan)

  • Maxar Technologies (US)

  • Metecs (US)

  • Motiv Space Systems, Inc. (US)

  • Northrop Grumman Corporation (US)

  • Olis Robotics (US)

Frequently Asked Questions (FAQ) :

Space Robotics Market Size Valued at USD 465 Billion, market Grow at a CAGR Of 8.98% by 2020 -2030

Altius Space Machines (US),Astrobotic Technology (US),Effective Space Solutions Ltd (UK),Honeybee Robotics (UK),Ispace (Japan),Maxar Technologies (US),Metecs (US),Motiv Space Systems, Inc. (US),Northrop Grumman Corporation (US),Olis Robotics (US)

The key growth inducers in the global market include the mounting demand for on-orbit satellite servicing along with the surge in space exploration missions conducted by private vendors. The growing use of satellites for national defense, agricultural monitoring, weather monitoring and day-to-day communications, also add to the market attractiveness across the globe.

Government is the end-use segment is leading the global Space Robotics Market.

APAC is estimated to move ahead at the fastest rate during the review period.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.