Global Space Robotics Market to reach USD 5.98 billion by 2027.

Global Space Robotics Market Size study, by Solution (Remotely Operated Vehicles (ROV), Remote Manipulator System (RMS), Software, and Services), Application (Deep Space, Near Space, and Ground), Organization Type (Government and Commercial), and Regional Forecasts 2021-2027
Product Code:  OIRIMAE_17239367
 Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1.	Space Robotics Market, by Region, 2019-2027 (USD Billion)
1.2.2.	Space Robotics Market, by Solution, 2019-2027 (USD Billion)
1.2.3.	Space Robotics Market, by Application, 2019-2027 (USD Billion)
1.2.4.	Space Robotics Market, by Organisation Type, 2019-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Space Robotics Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Space Robotics Market Dynamics	
3.1.	Space Robotics Market Impact Analysis (2019-2027)
3.1.1.	Market Drivers
3.1.1.1.	Increasing space innovation
3.1.1.2.	Increasing satellite services
3.1.1.3.	Growing government investments
3.1.2.	Market Challenges
3.1.2.1.	Strict government policies 
3.1.2.2.	Huge investment required 
3.1.3.	Market Opportunities
3.1.3.1.	Implementation of future space programs 
3.1.3.2.	Emerging technologies 
Chapter 4.	Global Space Robotics Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Space Robotics Market, by Solution
5.1.	Market Snapshot 
5.2.	Global Space Robotics Market by Product Type, Performance - Potential Analysis
5.3.	Global Space Robotics Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.4.	Space Robotics Market, Sub Segment Analysis
5.4.1.	Remotely Operated Vehicles (ROV)
5.4.2.	Remote Manipulator System (RMS)
5.4.3.	Software
5.4.4.	Services
Chapter 6.	Global Space Robotics Market, by Application          
6.1.	Market Snapshot 
6.2.	Global Space Robotics Market by Industry Verticals, Performance - Potential Analysis
6.3.	Global Space Robotics Market Estimates & Forecasts by Industry Verticals 2018-2027 (USD Billion)
6.4.	Space Robotics Market, Sub Segment Analysis
6.4.1.	Deep Space
6.4.2.	Near Space
6.4.3.	Ground
Chapter 7.	Global Space Robotics Market, by Organisation Type          
7.1.	Market Snapshot 
7.2.	Global Space Robotics Market by Industry Verticals, Performance - Potential Analysis
7.3.	Global Space Robotics Market Estimates & Forecasts by Industry Verticals 2018-2027 (USD Billion)
7.4.	Space Robotics Market, Sub Segment Analysis
7.4.1.	Government
7.4.2.	Commercial
Chapter 8.	Global Space Robotics Market, Regional Analysis
8.1.	Space Robotics Market, Regional Market Snapshot 
8.2.	North America Space Robotics Market 
8.2.1.	U.S. Space Robotics Market
8.2.1.1.	 Solution breakdown estimates & forecasts, 2018-2027 
8.2.1.2.	 Application  breakdown estimates & forecasts, 2018-2027 
8.2.1.3.	Organisation Type breakdown estimates & forecasts, 2018-2027 
8.2.2.	Canada Space Robotics Market
8.3.	Europe Space Robotics Market Snapshot
8.3.1.	U.K. Space Robotics Market 
8.3.2.	Germany Space Robotics Market
8.3.3.	France Space Robotics Market
8.3.4.	Spain Space Robotics Market
8.3.5.	Italy Space Robotics Market
8.3.6.	Rest of Europe Space Robotics Market
8.4.	Asia-Pacific Space Robotics Market Snapshot
8.4.1.	China Space Robotics Market 
8.4.2.	India Space Robotics Market 
8.4.3.	Japan Space Robotics Market
8.4.4.	Australia Space Robotics Market
8.4.5.	South Korea Space Robotics Market
8.4.6.	Rest of Asia Pacific Space Robotics Market
8.5.	Latin America Space Robotics Market Snapshot
8.5.1.	Brazil Space Robotics Market
8.5.2.	Mexico Space Robotics Market
8.6.	Rest of The World Space Robotics Market

Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.2.1.	 Astrobotic Technology, Inc.
9.2.1.1.	Key Information
9.2.1.2.	Overview
9.2.1.3.	Financial (Subject to Data Availability)
9.2.1.4.	Product Summary
9.2.1.5.	Recent Developments
9.2.2.	 Altius Space
9.2.3.	Motiv Space Systems, Inc.
9.2.4.	BluHaptics, Inc. (Olis Robotics)
9.2.5.	Oceaneering International, Inc.
9.2.6.	Northrop Grumman Corporation
9.2.7.	Honeybee Robotics
9.2.8.	Maxar Technologies
9.2.9.	Intuitive Machines, LLC
9.2.10.	Metecs, LLC
Chapter 10.	Research Process
10.1.	Research Process
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

Global Space Robotics Market is valued approximately USD 4.11 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2021-2027. Space robotics are machines designed to go through the hostile and non-terrestrial environment of space and perform their tasks in the space. These machines are controlled by astronauts through their local console. The increasing space innovation, increasing satellite services and growing government investments in space has led to adoption of space robotics across the globe. Also, increasing activities such as on orbit-assembly, de-orbiting services, and expanding use of manipulators, rovers, space crafts, etc. are expected to lead the high demand for market. As per the information paper by International Federation of Robotics (IFR), in 2019, NASA allocated $348 million for Mars 2020 and $253.5 million for other missions and data analysis. However, strict government policies by high level space regulation authorities and huge investment required are factors foreseen to hamper the growth of the market over the forecast period of 2021-2027. Also, implementation of future space programs and emerging technologies, such as Artificial Intelligence (AI) and Deep Learning (DL) is likely to increase the market growth during the forecast period.

Globally, North America is accounted to hold the highest market across the world attributing to the presence of strong space centers such as NASA and CSA. Whereas, Asia Pacific is expected to show substantial growth over the forecast period 2021-2027. Factors such as high demand of space robotic activities, collaborative initiatives of the countries of this region to work for sustainable future and technological advancement would create opportunities for growth across Asia-Pacific region.

Major market player included in this report are:
Astrobotic Technology, Inc.
Altius Space
Motiv Space Systems, Inc.
BluHaptics, Inc. (Olis Robotics)
Oceaneering International, Inc.
Northrop Grumman Corporation
Honeybee Robotics
Maxar Technologies
Intuitive Machines, LLC
Metecs, LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Solution:
Remotely Operated Vehicles (ROV)
Remote Manipulator System (RMS)
Software
Services
By Application:
Deep Space
Near Space
Ground
By Organisation Type:
Government
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Space Robotics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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