Global Space Robotics Market Outlook 2023–2030: Trends, Technologies, and Forecasts
The global space robotics market was valued at USD 4.40 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 8.8% from 2023 to 2030. This robust growth trajectory is driven by the increasing need for efficient repair, servicing, and maintenance of geostationary satellites, as well as the cost-efficiency and superior operational performance of robotic systems in the extreme conditions of space. The growing demand for autonomous systems and robotics technologies is being further fueled by the accelerating number of space missions worldwide. The success of advanced space programs such as on-orbit satellite servicing, manufacturing, and assembly operations aboard the International Space Station (ISS)—as well as the Lunar Surface Innovation Initiative by NASA—requires sophisticated robotics capable of executing complex tasks with precision and reliability. Leading space agencies are investing in strategic roadmaps to guide the future of space ro...