The Space Sensors And Actuators Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Space Sensors And Actuators Market?
The Space Sensors and Actuators market has seen a significant increase in size lately. From 2024 to 2025, the market expanded from $7.16 billion to $8.54 billion, with a Compound Annual Growth Rate (CAGR) of 19.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Space Sensors And Actuators Industry?
The Space Sensors And Actuators market is projected to reach a market size of $16.46 billion by 2029, growing at a compound annual growth rate (CAGR) of 17.8%.
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What are the Key Growth Drivers Fueling the Space Sensors And Actuators Market?
The key drivers in the space sensors and actuators market are:
• Commercialization of space activities
• The emergence of small satellite platforms
• Precision and reliability requirements in the industry
• The integration of AI and autonomous systems in space operations
Global Market Segmentation: Identifying Major Space Sensors And Actuators Industry Segments
The space sensors and actuators market covered in this report is segmented –
1) By Product Type: Sensors, Actuators
2) By Platform: Satellites, Capsules Or Cargos, Interplanetary Spacecraft And Probes, Rovers Or Spacecraft Landers, Launch Vehicle
3) By Application: Attitude And Orbital Control System, Command And Data Handling System, Telemetry, Tracking And Command, Thermal System, Propellent Feed System, Rocket Motors, Surface Mobility And Navigation System, Berthing And Docking System, Robotic Arm Or Manipulator System, Thrust Vector Control System, Engine Valve Control System, Solar Array Drive Mechanism, Other Applications
4) By End User: Commercial, Government, Defense
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What are the Emerging Trends Shaping the Future of the Space Sensors And Actuators Market?
The key trends in the space sensors and actuators market are:
• Miniaturization and the use of advanced technologies are shaping the future of the space sensors and actuators market.
• The market is being influenced by increased space exploration missions.
• The demand for remote sensing and Earth observation is a significant trend in the space sensors and actuators market.
• IoT and connectivity in space, along with cost reduction in space missions, are emerging trends.
Who Are the Top Competitors & Leading Players in the Space Sensors And Actuators Market?
Major companies in the space sensors and actuators market are:
• TE Connectivity Ltd.
• Ametek Inc.
• Analog Devices Inc.
• Bradford Space Inc.
• Honeywell International Inc.
• Innovative Sensor Technology IST AG
• Lockheed Martin Corporation
• Maxar Technologies Inc.
• MinebeaMitsumi Inc.
• Moog Inc.
• Northrop Grumman Corporation
• Renesas Electronics Corporation
• Teledyne UK Limited
• Texas Instruments Incorporated
• Cedrat Technologies SA
• InnaLabs Limited
• Leonardo DRS Inc.
• Sierra Nevada Corporation
• Rüstungs Unternehmen AG
• STMicroelectronics N.V.
• Raytheon Technologies Corporation
• Digi-Key Electronics Pvt. Ltd.
• Minebea Intec GmbH
• Ball Aerospace & Technologies Corp.
• BAE Systems PLC
• L3Harris Technologies Inc.
• Thales Group
• Airbus Defence and Space
• Safran Electronics & Defense
• Sensata Technologies Holding PLC
• Kistler Holding AG
• First Sensor AG
• MTS Systems Corporation
• Curtiss-Wright Corporation
• Parker Hannifin Corporation
• Woodward Inc.
• Eaton Corporation PLC
• Spanish Society of Engineering and Construction
• Space Inventor A/S
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the space sensors and actuators market share in 2024
