“According to the Institute of Electrical and Electronics Engineers (IEEE), the Space Robotics Technical Committee has two main areas of interest, Microgravity, and Planetary Robotics. Microgravity Robotics includes manipulation and mobility for scenarios such as International Space Station (ISS) operations and satellite servicing. Planetary Robot systems address scenarios such as Mars and lunar exploration using manipulation or mobility on or near the surface. Some scenarios, such as asteroid and comet exploration, have environments with low gravity which may blur the distinctions between these categories.”

The article cited AMA's "Global Space Robotics Market Study" explored CAGR of 8.73%. According to the report, Emergence of Artificial Intelligence (AI) in Space Robotics is one of the primary growth factors for the market. Government Initiatives for Space Exploration Activities is also expected to contribute significantly to the Space Robotics market. Overall, Deep Space [Space Transportation, Space Exploration] applications of Space Robotics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Services , such as On-orbit Assembly & Manufacturing, is boosting the Space Robotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Government Space Agencies, is boosting the Space Robotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Space Robotics market identified that the demand is rising in many different parts of the world as "Increasing Demand for On-Orbit Satellite Servicing ". Furthermore, some recent industry insights like "4th April 2019, National Aeronautics and Space Administration (NASA) building an inflatable space robot named King Louie. It is made up of bags of air, surrounded by a strong fabric shell and its movement is controlled inflating or deflating different chambers in its limbs." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Space Robotics market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Space Robotics market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.