Space Robotics Report | Space Robotics Market companies and challenge

Market NEWS: Space Robotics Market is estimated to be USD 2.88 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 8.64% from 2018 to 2023.

According to the new research report "Space Robotics Market by Solution, Services (Satellite Servicing, On-orbit Assembly & Manufacturing, De-orbiting Services, Re-supply, Surface Mobility, & Launch Support), Application, End-User, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the space robotics market is estimated to be USD 2.88 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 8.64% from 2018 to 2023.

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Increasing investments in space exploration missions, demand for satellite servicing, on-orbit manufacturing and assembly, debris removal, and technological advancements in autonomous systems, are fueling the growth of the space robotics market.

Based on solution, the satellite servicing segment is estimated to lead the space robotics market in 2018 

Based on solution, the satellite servicing segment is estimated to lead the space robotics market in 2018. Growth of this segment can be attributed to an increase in the number of satellites required to be retired every year, advancements in the autonomous systems technology, and increase in space exploration activities are expected to lead to the expansion of capabilities of satellite operators, space agencies, and satellite manufacturers, among others.

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70 - Tables  

32 - Figures  

128 - Pages  

Based on application, the near space segment is projected to grow at the highest CAGR during the forecast period 

Based on application, the in-space maintenance & inspection subsegment of the near space segment is expected to grow at the highest CAGR during the forecast period. Growth of this segment can be attributed to several scheduled space exploration missions in the near future, which are expected to require satellite servicing and on-orbit manufacturing and assembly, contributing to the growth of the near space segment of the space robotics market. For instance, Made In Space (US), a US-based company, worked with NASA to create a 3D printer for the manufacture and development of space systems in the International Space Station (ISS). Made in Space is working on a new 3D printer, Archinaut, which is expected to be able to 3D print the entire exterior of the satellite station.

Based on end user, the commercial segment of the space robotics market is projected to grow at a higher CAGR from 2018 to 2023 

Based on end user, the commercial segment is expected to grow at a higher CAGR, as compared to the government segment during the forecast period. The growth of the commercial segment can be attributed to the focus of various commercial space entities on space robotics for satellite operations, space exploration activities, on-orbit manufacturing & assembly operations in the solar system and beyond planet Earth.

North America is expected to grow at the highest CAGR in the space robotics market during the forecast period 

The space robotics market in North America is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to increasing investments in space exploration missions, and increasing space exploration activities by the US and Canada, demand for satellite servicing, and on-orbit manufacturing and assembly, debris removal, and technological advancements in autonomous systems. Also, growth can be attributed to the increasing demand for space robotics from commercial, government, organizations, space agencies, defense organizations, and satellite operators as well as NewSpace companies.

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Some of the major companies providing space robotics solutions include Altius Space Machines (US), Maxar Technologies (US), Motiv Space Systems (US), Space Systems/Loral (US), Honeybee Robotics (US), Astrobotic Technology (US), Made In Space (US), Effective Space Solutions Limited (Israel), Orbital ATK (US). These key market players offer various space robotics solutions and robotics & subsystems, sensors & autonomous systems, software and robotic services, such as satellite servicing, on-orbit assembly and manufacturing, surface mobility, and de-orbiting services, among others. New product developments, partnerships, and contracts are the major growth strategies adopted by these players to enhance their positions in the space robotics market.

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Aircraft Health Monitoring Market | Boeing | IOT Global Forecast to 2023

According to the new market research report on "Aircraft Health Monitoring Market by Aircraft Type (Commercial, Business, Rotary, Military), Operation Time (Real-Time, Non-Real-Time), Installation (Onboard, On Ground), Fit (Linefit, Retrofit), Solution, and Region - Global Forecast to 2023", published by MarketsandMarkets™ , the market is projected to grow from USD 3.74 billion in 2018 to USD 5.43 billion by 2023, at a CAGR of 7.77% from 2018 to 2023.

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 "Aircraft Health Monitoring Market"

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Availability of real-time information for better decision-making, rise in the number of aviation accidents, increase in adoption of connected aircraft solutions, and availability of massive amount of data generated from sensors are major factors driving the aircraft health monitoring market.

Based on installation, the onboard segment is the a higher rate during the forecast period.

Based on installation, the onboard segment of the aircraft health monitoring market is projected to grow at a higher CAGR during the forecast period as compared to the on ground segment. The growth of the onboard segment can be attributed to the increase in demand for highly connected aircraft systems.

Based on solution, the hardware segment is estimated to lead the AHM market in 2018. 

Based on solution, the hardware segment is estimated to lead the aircraft health monitoring market in 2018. The growth of this segment can be attributed to the rise in the application of sensors in engines, aerostructures, and other parts of the aircraft. Installation of ACARS and flight data management systems in aircraft have also increased the adoption of hardware solutions.

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The Asia Pacific market is expected to witness the highest growth during the forecast period. 

Among regions, the Asia Pacific aircraft health monitoring market is projected to witness the highest growth during the forecast period. Factors responsible for the growth of the aircraft health monitoring market in Asia Pacific include According to IATA, the Revenue Passenger Kilometers (RPK) growth in this region was 9.1% in 2017. The region is a diverse mix of countries and aviation requirements; it is projected that by 2033, it will witness the highest number of aircraft deliveries than any other region. The increase in aircraft deliveries will eventually lead to the increase in the aircraft health monitoring market, which will further drive the market for avionics systems.

Major companies profiled in the aircraft health monitoring market report are Boeing (US), Airbus (Netherlands), United Technologies Corporation (US), General Electric (US), Honeywell (US), and Rockwell Collins (US), among others. Other major players include Rolls Royce (UK), Safran (France), FLYHT (Canada), Curtiss-Wright (US), Esterline (US), Meggitt (UK), GoGo (US), Inmarsat (UK), and SITA (Switzerland) among others.

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Small UGVs have Increasing Demand Due to Small Size and Manoeuvrability | Unmanned Ground Vehicles Market

Market NEWS: Unmanned Ground Vehicles, Underwater Vehicles, Surface Vehicle  Market is growing with high CAGR rate

According to the new market research report on " Unmanned Ground Vehicles Market by Application (Military (ISR, EOD, Combat Support, Transportation), Commercial (Firefighting, CBRN, Physical Security, Oil & Gas)), Mobility, Size, System, Mode of Operation, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Unmanned Ground Vehicles Market is projected to grow from USD 2.7 billion in 2018 to USD 7.0 billion by 2025, at a CAGR of 14.81% from 2018 to 2025.

The increasing demand for UGVs in the commercial and defense sectors and technological innovations that have created a demand for UGVs to perform complex operations with minimal human intervention and better safety are the major factors driving the market.

"By application, the commercial segment expected to lead the UGVs market, during the forecast period" 

Based on application, the UGVs market has been segmented into military, law enforcement, federal law enforcement and commercial. The military segment of the UGV market is projected to grow at the highest CAGR from 2018 to 2025. This growth can be attributed to the increasing demand for military UGVs to conduct operations in hostile environment. These types of UGVs are mainly used for carrying out ISR, EOD, and provide combat support.

"By size, the small segment to grow the highest during the forecast period" 

Based on size, the UGVs market has been segmented into small, medium, large, very large, and extremely large. The small segment is projected to grow at the highest CAGR during the forecast period. The demand for small UGVs from both the commercial and defense sectors for their capabilities is expected to drive this segment. Small land robots can be fitted with various payloads, such as night-vision cameras, Chemical, Biological, Radioactive, and Nuclear (CBRN) sensors, motion detectors, manipulator arms, and grippers.

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134 - Tables  

107 - Figures  

261 - Pages  

"Asia Pacific is projected to lead the UGVs market during the forecast period" 

The UGVs market in Asia Pacific is projected to grow at the highest growth rate during the forecast period. The growth of this market can be attributed to the increasing investments to develop UGVs for defense as well as commercial applications. Investments are mainly driven by new product developments in China, India, Japan, and South Korea, which are among the fastest-emerging economies in the world. The Asia Pacific region is one of the growing regions for unmanned ground vehicles systems as the countries such as China, India, Japan, Australia, and South Korea, among others are very active to strengthen their land based military systems by increasing their defense budget spending on UGVs. Another reason for the increased growth is due to the in

crease in the number of manufacturing bases for commercial UGVs.

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Major players operating in this market include QinetiQ Group Plc. (UK), iRobot (US), Northrop Grumman (US), Oshkosh Corporation (US), and Lockheed Martin (US), among others.

Industry Trends 

• Autonomous Navigation
           Communication
           Power
           Vision
           Architecture
           Soldier Machine Interface
           Manipulation
           Terrain Mobility
           Payloads
• Unmanned Ground Vehicle Market, By Size
• Introduction 
• Small (10-200 lbs) 
• Medium (200 - 500 lbs) 
• Large (500 - 1000 lbs) 
• Very Large (1000 – 2000 lbs) 
• Extremely Large (>2000 lbs)

The report segments and analyzes the UGVs market on the basis of mode of operation (tethered, teleoperated, and autonomous), mobility (wheeled, tracked, legged, and hybrid), size (small, medium, large, very large and extremely large), systems (payloads, control units, actuators, and others), and application (military, law enforcement, federal law enforcement and commercial) and maps these segments and subsegments across the major regions of the world, namely, North America, Europe, Asia Pacific, the Middle East, and Rest of the World. Brief information on the research methodology for the report can be found in the report description provided on website.

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Unmanned Underwater Vehicles Market | UUV Market | by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, Product, Propulsion System, Payload, and Region - Global Forecasts to 2022

Unmanned Surface Vehicle Market | USV Market | by Application (ISR, MCM, Oceanography, Hydrography), System (Propulsion, Communication, Payload, Chassis), Type (Surface, Sub-surface), Mode of Operation, Size, Hull, Endurance and Region - Global Forecast to 2023

Space Robotics: Things You Didn't Know You Didn't Know

Space Robotics Market by Solution, Services (Satellite Servicing, On-orbit Assembly & Manufacturing, De-orbiting Services, Re-supply, Surface Mobility, & Launch Support), Application, End-User, and Region - Global Forecast to 2023", the robotic spacecraft market is estimated to be USD 2.88 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 8.64% from 2018 to 2023

Based on solution, the satellite servicing segment is estimated to lead the space robotics market in 2018. Growth of this segment can be attributed to an increase in the number of satellites required to be retired every year, advancements in the autonomous systems technology, and increase in space exploration activities are expected to lead to the expansion of capabilities of satellite operators, space agencies, and satellite manufacturers, among others.

Based on application, the near space segment is projected to grow at the highest CAGR during the forecast period

Based on application, the in-space maintenance & inspection su bsegment of the near space segment is expected to grow at the highest CAGR during the forecast period. Growth of this segment can be attributed to several scheduled space exploration missions in the near future, which are expected to require satellite servicing and on-orbit manufacturing and assembly, contributing to the growth of the near space segment of the space robotics industry. For instance, Made In Space (US), a US-based company, worked with NASA to create a 3D printer for the manufacture and development of space systems in the International Space Station (ISS). Made in Space is working on a new 3D printer, Archinaut, which is expected to be able to 3D print the entire exterior of the satellite station.

Based on end user, the commercial segment of the space robotics market is projected to grow at a higher CAGR from 2018 to 2023

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Based on end user, the commercial segment is expected to grow at a higher CAGR, as compared to the government segment during the forecast period. The growth of the commercial segment can be attributed to the focus of various commercial space entities on space robotics for satellite operations, space exploration activities, on-orbit manufacturing & assembly operations in the solar system and beyond planet Earth.

Basis of platform, the military robots industry has been segmented into land robots, marine robots, and airborne robots. The land robots segment is projected to grow at the highest CAGR during the forecast period. The rising demand for land robots can be attributed to several factors, including increasing demand for land robots in counter-IED operations, replacement of existing warfare platforms with unmanned systems, etc.

The number of military robots in the defense sector has increased considerably in the past few years, mainly driven by the high number of new robotic platforms manufactured worldwide. These unmanned platforms are needed with weapons and sensors that can be operated remotely and safely. The overall industry is led by the Intelligence, Surveillance, and Reconnaissance (ISR) application segment, and this segment is expected to witness considerable growth in the coming years.

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Based on mode of operation, the military robots market is led by the human operated segment. The autonomous segment is expected to grow at the highest CAGR in the coming years; this can be attributed to the growing demand for fully and semi-autonomous military robots.

The Europe military robots market is expected to exhibit the highest growth during the forecast period. A key driver of the military robots market in the European region is the continuous upgrade of warfare platform for technology. France, Germany, and the UK are the major countries that are investing in military robots and related technologies.

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period in the robotics and automation actuators market.

The robotic and automation actuators market has been growing at a significant rate, and this trend is expected to continue during the forecast period. However, development of advanced and cost-effective robotics and automation actuators, and increasing demand for industrial robots and process automation in different industrial verticals are some of the opportunities impacting the growth of the robotics and automation actuators industry.  China and Japan are primarily investing in robotics and automation to enhance and gain a tactical edge. This is an excellent opportunity for robotics and automation actuator manufacturers to strengthen their businesses in the Asia Pacific region.

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Exhaustive secondary research was undertaken to obtain information on the Aviation MRO market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing by industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the size of segments and subsegments.

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Weather Forecasting Systems & Solutions Market | Range, Region - Global Forecast to 2022

According to the new market research report "Weather Forecasting Systems & Solutions Market by Type (Solutions, Systems), End User (Commercial, Military, Meteorology, Weather Service Providers), Component (Hardware, Software), System (Satellite, Ground, Air), Range, Region - Global Forecast to 2022" , published by MarketsandMarkets™, the market is estimated to be USD 2.68 Billion in 2017 and is projected to reach USD 3.80 Billionby 2022, at a CAGR of 7.21% from 2017 to 2022. The growth of the Weather Forecasting Systems and Solutions Market can be attributed to the increasing demand for highly accurate weather forecasting systems from various end-use industries and growing investments being made by governments of various countries and a number of companies to develop advanced weather forecasting systems.

Browse 81 Market Data Tables and 109 Figures spread through 159 Pages and in-depth TOC on "Weather Forecasting Systems & Solutions Market - Global Forecast to 2022"

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"The commercial end user segment of the Weather Forecasting Systems and Solutions Market is projected to grow at the highest CAGR between 2017 and 2022."

Based on end user, the Weather Forecasting Systems and Solutions Market has been segmented into commercial, military, and weather service providers. The commercial end user segment of the Weather Forecasting Systems and Solutions Market is projected grow at the highest CAGR during the forecast period due to increasing use of weather forecasting systems in various industries such as energy & power, hydrology, aviation, and agriculture among others.

"The software component segment of the Weather Forecasting Systems and Solutions Market is expected to grow at the highest CAGR during the forecast period."

Based on component, the Weather Forecasting Systems and Solutions Market has been segmented into software and hardware. The software component segment of the Weather Forecasting Systems and Solutions Market is projected to grow at the highest CAGR between 2017 and 2022 due to the increasing use of weather monitoring & display software and data collection & processing software for weather predictions by using present and historical weather data.

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"The Asia Pacific Weather Forecasting Systems and Solutions Market is projected to grow at the highest CAGR from 2017 to 2022."

Factors such growth in air and sea transport, increased demand for continuous weather monitoring for disaster management, and improvement in the economy of the Asia Pacific region are expected to drive the growth of the Asia Pacific Weather Forecasting Systems and Solutions Market during the forecast period. Moreover, rapid industrialization and growth of the transportation sector in emerging economies such as China and India are also leading to the growth of the Asia Pacific Weather Forecasting Systems and Solutions Market.

The complexity of weather forecasting processes and weather forecasting models and uncertainty in the weather forecasts made are the factors expected to restrain the growth of the Weather Forecasting Systems and Solutions Market during the forecast period. However, increasing computing capabilities of supercomputers used for weather forecasting and improving the efficiency of long-range forecasting systems offer new growth opportunities for the players operating in the Weather Forecasting Systems and Solutions Market.

Vaisala (Finland), Sutron Corporation (US), Campbell Scientific (US), Airmar Technology Corporation (US), Liquid Robotics (US), All Weather, Inc. (US), Morcom International (US), Columbia Weather Systems (US), G. Lufft Mess-und Regeltechnik (Germany), and Skye Instruments (UK) among others are the key players operating in the Weather Forecasting Systems and Solutions Market.

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The report segments and analyzes the Weather Forecasting Systems and Solutions Market based on end user (commercial, military, and weather service providers), component (hardware and software), system type (satellite-based systems, ground-based systems, and airborne systems), forecasting type (nowcast, short range, medium range, extended range, and long range) and maps these segments and subsegments across five major regions, namely, North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW).