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AI in Space Exploration Market
AI in Space Exploration Market

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AI in Space Exploration Market Size 2021 - By Application

AI in Space Exploration Market Size study, by product type (Robotic Arms, Rovers, Space Probes and Others), application (Government and Commercial) and Regional Forecasts 2019-2026

AI in space exploration Marketis valued approximately USD 2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.25% over the forecast period 2019-2026. Machine learning and AI leave their imprints on various fields including construction, automation, image analytics, and space exploration along with many others. Many applications of AI in space is being researched on various domains which includes relative positioning, communication and many others. Various spacecraft and space vehicles including satellites that are operating in the space may generates large amount of data owing to the complexity of the research missions. With AI in space exploration enables the data transmission over large distance with ease. Many organization and government agencies are collaborating on machine learning solutions for detection of new planets,space weather using magnetosphere and atmosphere measurement.

Market Overview

Key Players and Competitive Landscape

Growth Drivers and Restraints

Segmentation

Regional Analysis

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Major market player included in this report are:

Orbital ATK

DARPA

Neurala

Descartes Labs

KittyHawk

Iris Automation

Flyby Nav

PrecisionHawk

Pilot.ai

MRX Global Holding Corp.

Oceaneering International

Maxar Technologies

Northrop Grumman

Astrobotic Technologies

Motiv Space Systems

With rapid technological development and increasing investment in R&D sector, space exploration is experiencing rapid technical development owing to the integration of AI and the space vehicles which are developed for space exploration. The factor leading to the growth of AI in space exploration is the development of AI-based robots that can perform highly complex tasks over a longer period without human inference and for enhances mobility and manipulation benefits. AI offers high flexibility, accuracy and control owing to the development of 3D perception and proximity GNC in AI robots. Moreover, robotics arms in space exploration is witnessing high demand due to the high weightlifting and handling capabilities that are offered to astronauts.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Robotic arms

Rovers

Space probes

Others

By Applications:

Government

Commercial

By Region

North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Read More; https://brandessenceresearch.biz/ICT-and-Media/Global-Live-Streaming--Market-Growth-Analysis/Summary

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Aniket patil

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Press contact Business Development Director +917447409162

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