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Space Robotics Market Share

Report ID: GMI3219
Published Date: Aug 2024
Report Format: PDF

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Space Robotics Market Share

Maxar Technologies and Northrop Grumman hold a significant share in the space robotics industry. Maxar Technologies is renowned for its advanced satellite technology and space robotics solutions. The company's capabilities in high-resolution Earth imagery and satellite servicing contribute to its dominant position in the market. Northrop Grumman is a leading player in aerospace and defence, with substantial involvement in space robotics. The company’s development of autonomous spacecraft and robotic systems, such as those used in NASA's Artemis program, underscores its significant market influence. Northrop Grumman's broad experience in complex space systems and mission-critical technologies further solidifies its leadership in the space robotics sector.

Some other major players in the market are BluHaptics, Inc., Metecs, LLC., Motiv Space Systems, Inc., Altius Space Machine, Olis Robotics, and ITT Corporation.

Space Robotics Market Companies

Major players operating in the space robotics industry are:

Astrobotic Technology
Honeybee Robotics
Intuitive Machines, LLC.
Maxar Technologies
Northrop Grumman
Oceaneering International, Inc.
Sierra Nevada Corporation

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for space robotics was valued at USD 4.65 billion in 2023 and is anticipated to grow at over 5% CAGR between 2024 and 2032 owing to the increased number of space missions.

The deep space segment in the space robotics market is expected to reach over USD 4 billion by 2032 due to the expanding interest in exploring beyond Earth

North America market accounted over 35% share in 2023 backed by the deployment of advanced robotic systems.

Astrobotic Technology, Honeybee Robotics, Intuitive Machines, LLC., Maxar Technologies, Northrop Grumman, Oceaneering International, Inc., and Sierra Nevada Corporation.