The "Global Deep Space Exploration and Technology Market: Focus on Subsystem, Technology Mode, Mission Type, Application, And End User - Analysis and Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

According to this report the deep space exploration and technology market is expected to showcase a significant growth due to the increasing space budgets by various government agencies, rising demand for deep space exploration small satellites, the emergence of private players in the space sector, and huge investments made by them.

The Global Deep Space Exploration and Technology Market report projects the market to grow at a CAGR of 6.42% on the basis of value during the forecast period from 2020 to 2030. North America is expected to dominate the global deep space exploration and technology market with an estimated share of 62.45% in 2020. North America, including major countries such as the U.S., is the most prominent region for the deep space exploration and technology market. In North America, the U.S. is estimated to account for a major market share in 2020 due to the rising number of space exploration missions led by the country.

In addition, the growth in the deep space exploration and technology market is highly driven by the increasing number of missions planned by various space agencies. These missions aim at investigating various intended celestial bodies such as Earth's moon, Mars, Jupiter's moons, Saturn's moons, the Sun, and asteroids. The purpose of these missions is to understand the planet's atmosphere and properties as well as look for the possibility of life. These missions are expected to present an opportunity for the deep space exploration and technology market.

Key Questions Answered:

Market Dynamics

Market Drivers

Market Challenges

Market Opportunities

Companies Profiled

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200325005605/en/

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Global Deep Space Exploration and Technology Market (2020 to 2030) - Analysis and Forecast - ResearchAndMarkets.com - Yahoo Finance