AI in Space Exploration: Global Market Outlook
Market Research Report I 2023-10-09 I 52 Pages I BCC Research
Description
Report Scope:
The report offers a detailed scenario of AI in the space exploration market. The report provides a detailed analysis of components such as products and services. Further, the market covers applications and potential areas in which the companies can invest.
This report highlights the current and future market potential for AI in space exploration and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities, and trends in the market. The report also covers market projections through 2028 and key market players.
For market estimates, data has been provided for 2022 as the base year, with forecasts for 2023 through 2028. Estimated values are based on revenue from AI in space exploration companies as total revenues. Projected and forecasted revenue values are in constant U.S. dollars that have not been adjusted for inflation.
Report Includes:
- An overview of the global markets for artificial intelligence (AI) in space exploration
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
- An estimate of the actual market size, a revenue forecast for companies in this market, and a market share analysis based on component, end user, application and region
- In-depth information (facts and figures) pertaining to the major factors influencing this market (drivers, restraints, opportunities and challenges)
- Discussion of ESG developments in the global market, with emphasis on company practices
- An analysis of the competitive landscape, based on recent developments, segmental revenues and operational integration of major stakeholders
- Company profiles of the leading market participants
Executive Summary
Summary:
AI is being explored for its potential applications in satellite operations, particularly in large constellations, relative positioning, communication, and end-of-life management. Machine learning systems are also used to analyze data from space missions, with some Mars rovers even learning navigation. Deploying an autonomous spacecraft using AI could be useful for exploring new parts of the solar system and reducing mission costs. The growth within the global market is mainly attributed to the increasing space activities and government investment to explore the space industry.
North America is the largest market for AI in space exploration, followed by Europe and Asia-Pacific. The increasing activity for earth observation and monitoring is pushing growth in the North American market. For instance, in June 2020, NASA, JAXA, and ESA joined forces to make a new Earth observation dashboard to track COVID-19-related changes in the human lifestyle and environment. The dashboard integrates satellite records for user-friendly tracking of economic activity, agriculture, and climate. Smart city projects are gaining popularity, assisting authorities in security planning, urban planning, infrastructure modeling, and zoning. The investment in infrastructure development by countries is expected to drive growth in smart cities that will boost growth in the AI space exploration market.
Table of Contents
Chapter 1 Introduction
Overview
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Research Methodology
Information Sources
Geographic Breakdown
Chapter 2 Summary and Highlights
Market Outlook
Market Summary
Chapter 3 Market Overview
Overview
Regulatory Framework
United Nations Office for Outer Space Affairs (UNOOSA)
UN Committee on the Peaceful Uses of Outer Space (COPUOS)
Space Station Agreements
United States
European Union
COVID-19 Impact Analysis
Market Dynamics
Drivers
Challenges
Opportunities
Chapter 4 Market Breakdown by Component, End User, and Application
AI in Space Exploration Market, by Component
Product
Services
AI in Space Exploration Market, by End User
Commercial
Government
AI in Space Exploration Market, by Application
Data Analysis and Processing
Designing and Planning of Spacecraft and Missions
Planetary Identification
Space Navigation
Others
Chapter 5 Global AI in Space Exploration Market by Region
Overview
North America
Europe
Asia-Pacific
Rest of the World
Chapter 6 ESG Developments
Overview
ESG Performance in AI in the Space Exploration Market
Environmental Impact
Social Impact
Governance Impact
Current Status of ESG in the AI in Space Exploration Market
Consumer Attitudes Towards ESG in AI in Space Exploration Market
ESG Practices in the AI in Space Exploration Market
Case Study
Sustainable Development
Operating Sustainable
Concluding Remarks from BCC
Chapter 7 Competitive Intelligence
Top Companies Ranking Analysis
Key Strategies
Chapter 8 Company Profiles
Major Companies
AIRBUS
BLACKSKY GLOBAL
IBM
LOCKHEED MARTIN
MAXAR TECHNOLOGIES INC.
NORTHRUP GRUMMAN
PLANET LABS INC.
SPACEX
THALES GROUP
List of Startups in AI in Space Exploration
Chapter 9 Appendix: Acronyms
List of Tables
Summary Table : Global Market for AI in Space Exploration, by Region, Through 2028
Table 1 : Number of Payloads Launched, by Country, 2019-2021
Table 2 : Orbital Launched, by Countries, 2022
Table 3 : Global Market for AI In Space Exploration, by Component, Through 2028
Table 4 : Global Market for AI in Space Exploration, by End User, Through 2028
Table 5 : Global Market for AI in Space Exploration, by Application, Through 2028
Table 6 : Global Market for AI in Space Exploration, by Region, Through 2028
Table 7 : NASA's Contribution for Long-Term Lunar and Space Exploration, 2023
Table 8 : North American Market for AI in Space Exploration, by Component, Through 2028
Table 9 : North American Market for AI in Space Exploration, by Application, Through 2028
Table 10 : North American Market for AI in Space Exploration, by End User, Through 2028
Table 11 : European Market for AI in Space Exploration, by Component, Through 2028
Table 12 : European Market for AI in Space Exploration, by Application, Through 2028
Table 13 : European Market for AI in Space Exploration, by End-User, Through 2028
Table 14 : Asia-Pacific Market for AI in Space Exploration, by Component, Through 2028
Table 15 : Asia-Pacific Market for AI in Space Exploration, by Application, Through 2028
Table 16 : Asia-Pacific Market for AI in Space Exploration, by End-User, Through 2028
Table 17 : RoW Market for AI in Space Exploration, by Component, Through 2028
Table 18 : RoW Market for AI in Space Exploration, by Application, Through 2028
Table 19 : RoW Market for AI in Space Exploration, by End-User, Through 2028
Table 20 : Global AI in Space Exploration/Space Industry Market, ESG Impact
Table 21 : ESG Risk Ratings Metric, by Company, 2022
Table 22 : Ranking of Top Companies in AI in Space Exploration, 2022
Table 23 : Key Strategies in AI in Space Exploration Market, 2022 and 2023
Table 24 : Airbus: Product Portfolio
Table 25 : Airbus: Key Developments, 2023
Table 26 : BlackSky Global: Product Portfolio
Table 27 : IBM: Product Portfolio
Table 28 : Lockheed Martin: Product Portfolio
Table 29 : Lockheed Martin: Key Developments, 2022
Table 30 : Maxar Technology Inc.: Product Portfolio
Table 31 : Maxar Technology Inc.: Key Developments, 2022 and 2023
Table 32 : Northrup Grumman: Product Portfolio
Table 33 : Planet Labs Inc.: Product Portfolio
Table 34 : Planet Labs Inc.: Key Developments, 2023
Table 35 : SpaceX: Product Portfolio
Table 36 : Thales Group: Product Portfolio
Table 37 : Thales Group: Key Developments, 2021
Table 38 : List of Startups in the Space Technologies Market
Table 39 : Abbreviations Used in AI in Space Exploration Market
List of Figures
Summary Figure : Global Market Shares of AI in Space Exploration, by Region, 2022
Figure 1 : Global Market Shares of AI In Space Exploration, by Component, 2022
Figure 2 : Global Market Shares of AI in Space Exploration, by End User, 2022
Figure 3 : Global Market Shares of AI in Space Exploration, by Application, 2022
Figure 4 : Global Market Shares of AI in Space Exploration, by Region, 2022
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