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Space Sensors and Actuators Trends and Forecast
The future of the future of the global space sensors and actuators market looks promising with opportunities in the commercial and government and defense markets. The global space sensors and actuators market is expected to reach an estimated $6.0 billion by 2030 with a CAGR of 11.6% from 2024 to 2030. The major drivers for this market are expanding need for wireless sensors in a range of space applications, more electro-hydrostatic actuators are being used in space applications, and the growing use of CMOS image sensors for earth observation and intelligent actuators for microsatellites and robotic space missions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Space Sensors and Actuators by Segment
The study includes a forecast for the global space sensors and actuators by product type, platform, application, end use industry, and region.
Space Sensors and Actuators Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Sensors
• Actuators
Space Sensors and Actuators Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Satellites
• Capsules/Cargos
• Interplanetary Spacecraft & Probes
• Rovers/Spacecraft Landers
• Launch Vehicle
Space Sensors and Actuators Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Attitude & Orbital Control System
• Command & Data Handling System
• Telemetry, Tracking and Command
• Thermal System
• Propellent Feed System
• Rocket Motors
• Surface Mobility and Navigation System
• Berthing and Docking System
• Others
Space Sensors and Actuators Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Commercial
• Government and Defense
Space Sensors and Actuators Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Space Sensors and Actuators Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies space sensors and actuators companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the space sensors and actuators companies profiled in this report include-
• Honeywell International
• Teledyne Technologies
• AMETEK Inc.
• TE Connectivity
• Moog Inc.
• Texas Instruments Incorporated
• RUAG Group
Space Sensors and Actuators Market Insights
Lucintel forecasts that sensors is expected to witness highest growth over the forecast period.
Within this market, commercial will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Features of the Global Space Sensors and Actuators Market
Market Size Estimates: Space sensors and actuators market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Space sensors and actuators market by various segments, such as by product type, platform, application, end use industry and region in terms of($B).
Regional Analysis: Space sensors and actuators market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, platform, application, end use industry, and regions for the space sensors and actuators market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the space sensors and actuators market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the space sensors and actuators market size?
Answer: The global space sensors and actuators market is expected to reach an estimated $6.0 billion by 2030.
Q.2 What is the growth forecast for space sensors and actuators market?
Answer: The global space sensors and actuators market is expected to grow with a CAGR of 11.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the space sensors and actuators market?
Answer: The major drivers for this market are expanding need for wireless sensors in a range of space applications, more electro-hydrostatic actuators are being used in space applications, and the growing use of CMOS image sensors for earth observation and intelligent actuators for microsatellites and robotic space missions.
Q4. What are the major segments for space sensors and actuators market?
Answer: The future of the space sensors and actuators market looks promising with opportunities in the commercial and government and defense markets.
Q5. Who are the key space sensors and actuators market companies?
Answer: Some of the key space sensors and actuators companies are as follows:
• Honeywell International
• Teledyne Technologies
• AMETEK Inc.
• TE Connectivity
• Moog Inc.
• Texas Instruments Incorporated
• RUAG Group
Q6. Which space sensors and actuators market segment will be the largest in future?
Answer: Lucintel forecasts that sensors is expected to witness highest growth over the forecast period.
Q7. In space sensors and actuators market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the space sensors and actuators market by product type (sensors and actuators), platform (satellites, capsules/cargos, interplanetary spacecraft & probes, rovers/spacecraft landers, and launch vehicle), application (attitude & orbital control system, command & data handling system, telemetry, tracking and command, thermal system, propellent feed system, rocket motors, surface mobility and navigation system, berthing and docking system, and others), end use industry (commercial and government and defense), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Space Sensors And Actuators Market, Space Sensors And Actuators Market Size, Space Sensors And Actuators Market Growth, Space Sensors And Actuators Market Analysis, Space Sensors And Actuators Market Report, Space Sensors And Actuators Market Share, Space Sensors And Actuators Market Trends, Space Sensors And Actuators Market Forecast, Space Sensors And Actuators Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Space Sensors and Actuators Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Space Sensors and Actuators Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Space Sensors and Actuators Market by Product Type
3.3.1: Sensors
3.3.2: Actuators
3.4: Global Space Sensors and Actuators Market by Platform
3.4.1: Satellites
3.4.2: Capsules/Cargos
3.4.3: Interplanetary Spacecraft & Probes
3.4.4: Rovers/Spacecraft Landers
3.4.5: Launch Vehicle
3.5: Global Space Sensors and Actuators Market by Application
3.5.1: Attitude & Orbital Control System
3.5.2: Command & Data Handling System
3.5.3: Telemetry, Tracking and Command
3.5.4: Thermal System
3.5.5: Propellent Feed System
3.5.6: Rocket Motors
3.5.7: Surface Mobility and Navigation System
3.5.8: Berthing and Docking System
3.5.9: Others
3.6: Global Space Sensors and Actuators Market by End Use Industry Industry
3.6.1: Commercial
3.6.2: Government and Defense
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Space Sensors and Actuators Market by Region
4.2: North American Space Sensors and Actuators Market
4.2.2: North American Space Industry Market by End Use Industry Industry: Commercial, and Government and Defense
4.3: European Space Sensors and Actuators Market
4.3.1: European Space Sensors and Actuators Market by Product Type: Sensors and Actuators
4.3.2: European Space Sensors and Actuators Market by End Use Industry Industry: Commercial, and Government and Defense
4.4: APAC Space Sensors and Actuators Market
4.4.1: APAC Space Sensors and Actuators Market by Product Type: Sensors and Actuators
4.4.2: APAC Space Sensors and Actuators Market by End Use Industry Industry: Commercial and Government and Defense
4.5: ROW Space Sensors and Actuators Market
4.5.1: ROW Space Sensors and Actuators Market by Product Type: Sensors and Actuators
4.5.2: ROW Space Sensors and Actuators Market by End Use Industry Industry: Commercial and Government and Defense
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Space Sensors and Actuators Market by Product Type
6.1.2: Growth Opportunities for the Global Space Sensors and Actuators Market by Platform
6.1.3: Growth Opportunities for the Global Space Sensors and Actuators Market by Application
6.1.4: Growth Opportunities for the Global Space Sensors and Actuators Market by End Use Industry
6.1.5: Growth Opportunities for the Global Space Sensors and Actuators Market by Region
6.2: Emerging Trends in the Global Space Sensors and Actuators Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Space Sensors and Actuators Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Space Sensors and Actuators Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Honeywell International
7.2: Teledyne Technologies
7.3: AMETEK Inc.
7.4: TE Connectivity
7.5: Moog Inc.
7.6: Texas Instruments Incorporated
7.7: RUAG Group
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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