Deep space exploration

Global Deep Space Exploration and Technology Market: Focus on Subsystem, Technology Mode, Mission Type, Application and End User

NEW YORK, March 23, 2020 /PRNewswire/ —

The global deep space exploration and technology market is expected to be $54.71 billion by 2030

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Key questions answered by this report:
• What are the main forces that tend to increase the demand for global deep space exploration and technology during the forecast period 2020-2030?
• What are the major challenges restraining the growth of the global deep space exploration and technology market?
• Who are the major players in the global deep space exploration and technology market?
• What is the estimated revenue generated by the global deep space exploration and technology market by segments (subsystem, technology mode, application, mission type and end-user) in 2020, and what are the estimates for the period 2020-2030?
• What are the industry trends in the global deep space exploration and technology market?
• How is the industry expected to develop during the forecast period 2020-2030?
• What are the new strategies adopted by existing market players to catalyze deep space exploration?
• What major opportunities do deep space exploration and technology players foresee?

Global Deep Space Exploration and Technology Market Forecast, 2020-2030

The Global Deep Space Exploration and Technology Market report forecasts the market to grow at a CAGR of 6.42% based on value during the forecast period of 2020 to 2030. North America is expected to dominate the global deep space exploration and technology market with an estimated share of 62.45% in 2020. North America, including large countries like the United States, is the most important region for the deep space exploration and technology market. In North Americathe United States is expected to account for a major market share in 2020 due to the growing number of space exploration missions conducted by the country.

The global deep space exploration and technology market is gaining importance due to the growing efforts of national space agencies as well as their growing investments in deep space exploration missions. The development of technologies such as AI and the emergence of private entities in the space sector are some of the factors likely to propel the growth of the market.

Expert quote

“The growing demand for global deep space exploration technologies, namely artificial intelligence, solar electric propulsion, navigation and guidance technology, to support deep space missions compels key stakeholders to develop products with advanced technologies. Moreover, the continuous efforts of space agencies as well as leading space companies are expected to boost the market.”

Scope of the Global Deep Space Exploration and Technology Market

The purpose of the market analysis is to examine the Deep Space Exploration and Technology market outlook in terms of factors driving the market, trends, technological developments and competitive benchmarking , among others.

The report further takes into consideration the market dynamics and competitive landscape along with the detailed financial and product contribution of major players operating in the market.

Market segmentation

The deep space exploration and technology market is further segmented on the basis of technology mode, application, subsystem, mission type, end user and region. While highlighting the major driving and restraining forces of this market, the report also provides a detailed study of the industry.

The report also analyzes different applications which include lunar exploration, transportation, orbital infrastructure, Mars exploration and others (asteroid missions). In technology mode segment, the market is segmented into rockets, landers, robots, satellites and orbiters.

In the subsystems segment, the market is segmented into propulsion system, navigation and guidance system, and command and control system.

The deep space exploration and technology market is region-wise separated into four major regions, namely North America, Europe, APAC and Rest of the world. Data for each of these regions (by country) is provided in the market study.

Key Companies in the Global Deep Space Exploration and Technology Market

The major players in the global deep space exploration and technology market are Airbus Defense & Space, Lockheed Martin, The Boeing Company, Northrop Grumman, Thales Alenia Space, MAXAR Technologies, Sierra Nevada Corporation, SpaceX, Astrobotic and Blue Origin, among others. .

Countries covered
North America
• WE
Canada
Europe
• Great Britain
Germany
France
Russia
• Rest-of-Europe
Asia Pacific
China
Japan
India
• Rest-of-Asia Pacific
• Rest of the world
Latin America
Middle East
Africa

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