According to the latest report by IMARC Group, titled “Space Robotics Market Report by Solution (Remotely Operated Vehicles (ROV), Remote Manipulator System (RMS), Software, Services), Application (Deep Space, Near Space, Ground), End Use (Commercial, Government), and Region 2025-2033,” the global space robotics market size reached USD 5.1 Billion in 2024. Space robotics is a branch of science and engineering that assists in undertaking space missions and performing exploration activities. It relies on space robots for reducing costs and risks, accelerating schedules, and improving the overall performance. As these robots are made using lightweight materials and can extend human ability to operate in space, they provide greater handling capabilities to astronauts. Consequently, space robotics is widely employed in autonomously operating on a new planetary surface.
Global Space Robotics Market Trends:
The growing utilization of autonomous systems in space, coupled with the increasing number of space programs, represents one of the key factors favorably influencing the market. For instance, PERASPERA and SpacePlan 2020 are projects funded by the European Commission and coordinated by the European Space Agency (ESA) for planning technology roadmaps in space robotics. The objective of PERASPERA is to develop an integrated plan for space robotics technology during 2023-2024. Besides this, a considerable rise in the demand for efficient repairing, servicing and maintenance of geostationary satellites is also strengthening the market growth. Looking forward, the market value is projected to reach USD 10.4 Billion by 2033, expanding at a CAGR of 7.4% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Solution, Application, End Use, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Altius Space Machines (Voyager Space Holdings Inc.), Astrobotic Technology Inc., GITAI Inc., Honeybee Robotics (Ensign-Bickford Industries), Intuitive Machines LLC, Made In Space Inc. (Redwire LLC), Maxar Technologies Inc, Metecs LLC, Motiv Space Systems Inc., Northrop Grumman Corporation, Oceaneering International Inc. and Olis Robotics |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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