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    Space Robotics Market Report

    Space Robotics Market Report
    Report code - SRAD233 Delivery - 2 Weeks
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    Space Robotics Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-2 See more...

    Impact of COVID-19 on Space Robotics Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Space Robotics Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Space robotics market is likely to witness an impressive CAGR of 10.2% during the forecast period. The growth of the space robotics market is driven by a wide array of factors, such as increasing demand for servicing prevailing geostationary satellites, debris elimination, and technological progressions in self-governing systems, and collective demand for on-orbit engineering and assembly in the International Space Station (ISS) from various government agencies and commercial entities.

    Space-Robotics-Market-Forecast

    Space Robotics Market - Snapshot

    Growth

    10.2% for the next five years

    Major Solution Type

    Satellite servicing

    Major Application Type

    Near Space

    Dominant End-User Type

    Commercial

    Region with the highest demand

    North America

    Key Players

    Altius Space Machines, Astrobotic Technology, Effective Space Solutions, Honeybee Robotics, ITT Corporation, Maxar Technologies, Motiv Space Systems, Northrop Grunman, Olis Robotics, and Stinger Ghaffarian Technologies (SGT).

    Segments' Analysis