The robotics market is predicted to exceed USD $3.5bn by 2025. The market is experiencing rapid technological development due to the integration of AI technology into systems designed for space exploration. Several organizations are developing AI-based robots that provide mobility and manipulation benefits. These machines can perform extremely complex tasks for longer duration and offer minimal human dependency.
The integration of AI provides 3D perception and closeness GNC to robots, that will support resistance against environmental conditions and offer high flexibility, precision, and control. Back in Nov 2018, the robot Crew Interactive MObile CompanioN (CIMON), began its initial dialogue with a spacefaring crew. The robot was created by DLR Germany in collaboration with IAM and Airbus. Furthermore, the growing number of experiments and projects related to space exploration by government agencies internationally is attributing to the requirement of the robotics marketplace.
Robotic arms are witnessing a high demand for deployment in advanced space systems. The arms assist astronauts in handling and lifting heavy/massive objects in space. Furthermore, robotic rovers are spacecraft which use exploration vehicles and carry out the transport of crew members from one spaceflight to another. The firms working in the marketplace are developing fully or partially autonomous rovers for exploration and transport applications.
Speaking of the space robotics marketplace, the space exploration and transport sections are gaining popularity as a result of missions working on asteroid survey assignments. Surveying includes several missions near a given planet’s surface. The need for continuous maintenance and servicing of the existing satellites stock is making a massive demand for this segment, adding to the growth of the marketplace. The space transportation segment uses their transport projects for repair along with other purposes. Various Middle Eastern companies are investing substantially to perform their transportation projects.
Commercial applications in robotics are increasing because of technical progress and various exploration missions. In March 2019, SpaceX announced the launching of the Crew Dragon demonstration mission. The Crew Dragon is America’s first spacecraft which autonomously docked with the orbiting ISS laboratory.
Of national organizations in the market, which includes NASA, they are focusing on increased business development. The U.S. and Canada are investing substantial amounts in R&D and technology improvement to achieve space exploration endeavors.