The global space robotics market size is expected to reach $5.71 billion by 2027, registering a CAGR of 5.2% from 2020 to 2027, according to a new report by Grand View Research. Space robotics is gaining traction in recent years owing to the growing exploration of outer space; the need for operations & maintenance of satellites, space stations, and other platforms; and the need for saving cost and mitigating safety issues. Furthermore, the rising trend of using autonomous systems and Artificial Intelligence (AI) technology in robotics is widening the horizon of space exploration.