The global Space Rover Market is projected to grow at a CAGR of 8.9% during the forecast period 2017-2021. The growth is attributed to increasing demand for robotic systems used in exploration, mining, and other such endeavors.
This growth is mainly driven by increasing governmental spending on space exploration and increasing demand for research and development in various sectors such as defense, automotive, and agricultural.
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Top Key Players | Space Rover Market
- Jet Propulsion Laboratory (The U.S.)
- Lockheed Martin Corporation (The U.S.)
- The Boeing Company (The U.S.)
- Indian Space Research Organisation (India)
- Johnson Space Center (The U.S.)
- Airbus Defence and Space (Germany)
- Astrobotic Technology Inc. (The U.S.)
- Maxar Technologies Inc. (The U.S.)
- Motiv Space Systems Inc. (The U.S.)
- Honeybee Robotics Ltd (The U.S.).
On the basis of product, the market is divided into two types: ground vehicles and satellites. The ground vehicles segment is further sub-divided into small and medium size rovers, while the satellite segment consists of large size rovers only.
The end-user segmentation of the space rover market is based on government agencies, commercial entities, and private firms. Government agencies are projected to dominate the market with a share of over 50% by 2024.
The report offers valuable insight into the Space Rover market progress and approaches related to the Space Rover market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.
Space Rover Market Size:
The global space rover market was valued at $2.9 billion in 2014 and is expected to grow at a CAGR of 7.8% during the forecast period 2016-2021, owing to increasing demand from various industries. The following Table provides a snapshot of the market size for space rovers:
The global Space Rover market segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Space Rover market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2022-2028.
Key Questions | Answered Included in Sample Report
- What will the market size be in 2028 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Table of Contents| Space Rover Market
- Part 1: Overview of Space Rover Market
- Part 2: Space Rover Carts: Global Market Status and Forecast by Regions
- Part 3: Global Market Status and Forecast by Types
- Part 4: Global Market Status and Forecast by Downstream Industry
- Part 5: Market Driving Factor Analysis
- Part 6: Market Competition Status by Major Manufacturers
- Part 7: Major Manufacturers Introduction and Market Data
- Part 8: Upstream and Downstream Market Analysis
- Part 9: Cost and Gross Margin Analysis
- Part 10: Marketing Status Analysis
- Part 11: Market Report Conclusion
- Part 12: Space Rover: Research Methodology and Reference
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