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Space Lander and Rover Market Size

  • Report ID: GMI12211
  • Published Date: Nov 2024
  • Report Format: PDF

Space Lander and Rover Market Size

The global space lander and rover market was valued at USD 607.4 million in 2024 and is estimated to grow at a CAGR of 9.7% from 2025 to 2034. The increasing global focus on lunar and Martian exploration is driving growth in the market. Space agencies such as NASA, ESA, CNSA, and private companies like SpaceX and Blue Origin are making substantial investments in Moon and Mars missions.

 

For instance, India's Chandrayaan-3 mission, launched on July 14, 2023, is set to soft-land on the moon on August 23, 2023. A follow-up to Chandrayaan-2, it aims to demonstrate safe landing and roving capabilities on the lunar surface. The mission includes an indigenous lander module (LM), propulsion module (PM), and a rover named pragyaan. its primary goal is to develop and showcase new technologies for future interplanetary missions. NASA's Artemis program, which aims to return humans to the moon and establish a sustainable presence, exemplifies this trend. Mars exploration continues to generate public interest, with missions like NASA's Perseverance rover and China's Tianwen contributing to the momentum.
 

Recent advancements in artificial intelligence, machine learning, and autonomous navigation technologies are significantly improving space lander and rover capabilities. For instance, In July 2024, NASA's perseverance rover has been using AI to autonomously identify minerals in Martian rocks, marking the first real-time, AI-driven analysis on Mars. This innovation highlights the potential for AI-enabled landers and rovers to make smart, autonomous decisions, enhancing the efficiency of future space missions. These developments enable rovers to navigate complex and unpredictable terrains on celestial bodies without direct human control.
 

For example, autonomous systems allow Mars rovers to make real-time decisions about terrain traversal, hazard avoidance, and sample collection. The increased sophistication of these mobility and navigation systems enhances mission efficiency, reduces human risk, and improves success rates. As missions become more ambitious and environments more challenging, these technological improvements are driving demand for more capable and intelligent landers and rovers.
 

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The global space lander and rover industry was valued at USD 607.4 million in 2024 and is estimated to grow at a 9.7% CAGR from 2025 to 2034, driven by increasing global focus on lunar and Martian exploration.

The lunar surface exploration segment accounted for the largest market share of 42.4% in 2024, propelled by governmental missions such as NASA's Artemis program and private sector initiatives.

The Asia Pacific market held the largest share of 35.2% in 2024 and is expected to exceed USD 500 million by 2034, led by significant advancements from India, China, and Japan.

Key players in the industry include Airbus SE, Astrobotic Technology, Blue Origin, Canadian Space Agency, China Academy of Space Technology, European Space Agency, and ispace, inc.

Space Lander and Rover Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 290
  • Countries covered: 19
  • Pages: 230
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