Global Space Debris Removal Market Insights 2024, Analysis and Forecast to 2031
- Published Date : 2024-06-12
- Pages : 100
- Report Id : 40418
- Categories : Aerospace & Defense
This report describes the global market size of Space Debris Removal from 2019 to 2022 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2031 and its expected to grow with a CAGR of 41.7% from 2024 to 2031.
Due to the COVID-19 pandemic, the global market for Space Debris Removal estimated at US 0.8 $ billion in the year 2023, is projected to reach a revised size of US 15.459 $ Billion by 2031, growing at a CAGR of 41.7% during the forecast period 2024-2031.
Space debris removal refers to the process of actively removing defunct satellites, spent rocket stages, and other debris from Earth's orbit to mitigate the growing problem of space debris. This effort aims to reduce the risk of collisions between active satellites and debris, safeguarding operational spacecraft and ensuring the sustainability of space activities.
For geography segment, regional supply, demand, major players, price is presented from 2019 to 2031. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Space Debris Removal as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Debris Size
1mm to 10mm
10mm to 100mm
Greater than 100mm
In 2023, The global Space Debris Removal market is segmented by debris size to address the varying challenges posed by debris of different dimensions. Debris ranging from 1mm to 10mm presents a significant threat to spacecraft due to its high velocity, requiring advanced technologies like laser-based systems or robotic arms for precise removal. Debris sized between 10mm to 100mm poses substantial collision risks and may necessitate techniques such as nets, harpoons, or robotic capture systems for retrieval. Objects larger than 100mm represent a critical hazard to spacecraft and require sophisticated solutions such as debris removal spacecraft or tether-based systems for safe removal and deorbiting.
By Orbit
LEO
MEO
GEO
In 2023,The global Space Debris Removal market is segmented by orbit to address the unique challenges posed by debris at different altitudes. Low Earth Orbit (LEO) debris, located up to 2,000 kilometers above Earth's surface, presents a pressing concern due to its high density and proximity to operational satellites, requiring efficient and cost-effective removal solutions such as debris removal spacecraft or drag augmentation devices. Medium Earth Orbit (MEO) debris, situated between LEO and GEO at altitudes of 2,000 to 35,786 kilometers, poses intermediate collision risks and may necessitate targeted retrieval missions utilizing robotic arms or tether-based capture systems. Geostationary Orbit (GEO) debris, positioned approximately 35,786 kilometers above Earth, presents challenges due to its high altitudeand limited accessibility, requiring innovative approaches like electrodynamic tethers or solar sails for effective removal and deorbiting.
By Operation
Single Technique
Multiple Techniques
The global Space Debris Removal market is segmented by operation based on the approach utilized for debris removal. In the Single Technique segment, a singular method, such as robotic arms, nets, or harpoons, is employed for debris capture and removal, offering focused solutions tailored to specific debris types and sizes. Conversely, the Multiple Techniques segment incorporates a combination of methods, including laser-based systems, robotic spacecraft, and tether-based capture devices, providing a more versatile and comprehensive approach to space debris removal, enabling adaptability to various debris scenarios and operational requirements.
By Technique
Direct Debris Removal
Robotic Arms
Harpoons and Nets
Other Direct Debris Removal Techniques
Indirect Debris Removal
Drag Sail
Electrodynamic Tether
Other Indirect Debris Removal Techniques
The global Space Debris Removal market is segmented by technique into Direct Debris Removal and Indirect Debris Removal methods. Direct Debris Removal techniques, such as Robotic Arms and Harpoons and Nets, involve physically capturing and removing debris from orbit, offering precise and targeted solutions for space debris mitigation. Indirect Debris Removal methods, including Drag Sail and Electrodynamic Tether, focus on altering the orbit of debris through passive means, such as aerodynamic drag or electromagnetic forces, facilitating deorbiting and eventual reentry into Earth's atmosphere for safe disposal. These segments collectively address the complex challenges of space debris management, offering a range of innovative solutions for ensuring the sustainability of space activities.
By End User
Commercial
Government
The global Space Debris Removal market is segmented by end user into Commercial and Government sectors. Commercial entities, including satellite operators and private space companies, drive demand for space debris removal services to protect their valuable assets and ensure the sustainability of space operations. Government agencies, such as space agencies and defense organizations, also play a significant role in space debris mitigation efforts, investing in research, development, and deployment of debris removal technologies to safeguard national interests and promote space sustainability on a global scale. These segments collaborate to address the pressing challenge of space debris, leveraging innovative solutions and collaborative initiatives to mitigate risks and ensure the long-term viability of space activities.
Company-
Astroscale
ClearSpace
Surrey Satellite Technology Ltd
Northrop Grumman
Kall Morris Incorporated
Please ask for sample pages for full companies list
Base Year: 2023
Historical Data: from 2019 to 2023
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Parent/Associated Market Overview
3.1.1.Space Debris Removal Outlook
3.1.2.Space Debris Removal Overview
3.2. Effect of Covid-19 Impact
3.3. Macro-Economic Overview
3.3.1. GDP Growth
3.3.2. Retail Industry Growth
3.4. Pricing Analysis
3.5. Challenges related to adoption of Space Debris Removal
3.6. Regulations of Space Debris Removal
3.7. Forecast Factors: Relevance and Impact
3.8. Market Dynamics
3.8.1. Drivers
3.8.2. Restraints
3.8.3. Opportunity
3.8.4. Trends
3.8.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Space Debris Removal Value Chain Analysis
5.1.Space Debris Removal Value Chain
5.1.1. List of Raw Material Suppliers
5.1.2. List of Space Debris Removal Manufacturer
5.1.3. List of Segment
6. GlobalSpace Debris Removal Analysis Debris Size
6.1. Introduction
6.1.1. Market Value Share Analysis By Debris Size
6.1.2. Y-o-Y Growth Analysis By Debris Size
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Debris Size
6.3. Market Attractiveness Analysis Debris Size
7. GlobalSpace Debris Removal Analysis By Orbit
7.1. Introduction
7.1.1. Market Value Share Analysis By Orbit
7.1.2. Y-o-Y Growth Analysis By Orbit
7.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Orbit
7.3. Market Attractiveness Analysis By Orbit
8. Market Structure Analysis
8.1. Market Analysis by Tier of Companies
8.1.1. By Large, Medium, and Small
8.2. Market Concentration
8.2.1. By Top 5 and by Top 10
8.3. Type ion Capacity Share Analysis
8.3.1. By Large, Medium, and Small
8.3.2. By Top 5 and Top 10
8.4. Technology Roadmap
9. Competition Analysis
9.1. Competition Dashboard
9.2. Company Profiles (15 Companies)
9.2.1.Astroscale
9.2.1.1. Overview
9.2.1.2. Type Portfolio
9.2.1.3. Financial Overview
9.2.2. ClearSpace
9.2.2.1. Overview
9.2.2.2. Type Portfolio
9.2.2.3. Financial Overview
9.2.3. Surrey Satellite Technology Ltd
9.2.3.1. Overview
9.2.3.2. Type Portfolio
9.2.3.3. Financial Overview
9.2.4. Northrop Grumman
9.2.4.1. Overview
9.2.4.2. Type Portfolio
9.2.4.3. Financial Overview
9.2.5. Kall Morris Incorporated
9.2.5.1. Overview
9.2.5.2. Type Portfolio
9.2.5.3. Financial Overview
9.2.6. COMPANY06
9.2.6.1. Overview
9.2.6.2. Type Portfolio
9.2.6.3. Financial Overview
9.2.7. COMPANY07.
9.2.7.1. Overview
9.2.7.2. Type Portfolio
9.2.7.3. Financial Overview
9.2.8. COMPANY08
9.2.8.1. Overview
9.2.8.2. Type Portfolio
9.2.8.3. Financial Overview
9.2.9. COMPANY09
9.2.9.1. Overview
9.2.9.2. Type Portfolio
9.2.9.3. Financial Overview
9.2.10. COMPANY10
9.2.10.1. Overview
9.2.10.2. Type Portfolio
9.2.10.3. Financial Overview
9.2.11. COMPANY11
9.2.11.1. Overview
9.2.11.2. Type Portfolio
9.2.11.3. Financial Overview
9.2.12. COMPANY12
9.2.12.1. Overview
9.2.12.2. Type Portfolio
9.2.12.3. Financial Overview
9.2.13. COMPANY13
9.2.13.1. Overview
9.2.13.2. Type Portfolio
9.2.13.3. Financial Overview
9.2.14. COMPANY14
9.2.14.1. Overview
9.2.14.2. Type Portfolio
9.2.14.3. Financial Overview
9.2.15. COMPANY15
9.2.15.1. Overview
9.2.15.2. Type Portfolio
9.2.15.3. Financial Overview
10. Global Space Debris Removal Analysis By Region
10.1. Introduction
10.1.1. Market Value Share Analysis By Region
10.1.2. Y-o-Y Growth Analysis By Region
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
10.2.1. North America
10.2.2. Middle East and Africa
10.2.3. South America
10.2.4. Asia-Pacific
10.2.5. Others
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
10.3.1. North America
10.3.2. Middle East and Africa
10.3.3. South America
10.3.4. Asia-Pacific
10.3.5. Others
10.4. Market Attractiveness Analysis By Region
11. North America Space Debris Removal Analysis
11.1. Introduction
11.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.2.4. Rest of North America
11.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.3.1. U.S.
11.3.2. Canada
11.3.3. Mexico
11.3.4. Rest of North America
11.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Debris Size
11.5. Current Market Size (USD Mn) Forecast 2023-2030 By Debris Size
11.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Orbit
11.7. Current Market Size (USD Mn) Forecast 2023-2030 By Orbit
12. South America Space Debris Removal Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Debris Size
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Debris Size
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Orbit
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Orbit
13. Europe Space Debris Removal Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Germany
13.3.2. Italy
13.3.3. France
13.3.4. Spain
13.3.5. U.K.
13.3.6. Rest of Europe
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Germany
13.4.2. Italy
13.4.3. France
13.4.4. Spain
13.4.5. U.K.
13.4.6. Rest of Europe
13.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Debris Size
13.6. Current Market Size (USD Mn) Forecast 2023-2030 By Debris Size
13.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Orbit
13.8. Current Market Size (USD Mn) Forecast 2023-2030 By Orbit
14. Middle East and Africa Space Debris Removal Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. Saudi Arabia
14.3.2. U.A.E.
14.3.3. South Africa
14.3.4. Turkey
14.3.5. Rest of Middle East and Africa
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. Saudi Arabia
14.4.2. U.A.E.
14.4.3. South Africa
14.4.4. Turkey
14.4.5. Rest of Middle East and Africa
15. Asia-Pacific Space Debris Removal Analysis
15.1. Introduction
15.2. Regional Pricing Analysis
15.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
15.3.1. China
15.3.2. India
15.3.3. Japan
15.3.4. South Korea
15.3.5. Singapore
15.3.6. Australia and New Zealand
15.3.7. Rest of Asia-Pacific
15.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
15.4.1. China
15.4.2. India
15.4.3. Japan
15.4.4. South Korea
15.4.5. Singapore
15.4.6. Australia and New Zealand
15.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
LIST OF FIGURES
Figure 01: Global Space Debris Removal, BPS Analysis,By Debris Size, 2018(H), 2023(E) & 2030(F)
Figure 02: Global Space Debris Removal, Y-O-Y Growth,By Debris Size, 2020(A) - 2030(F)
Figure 03: Global Space Debris Removal Attractiveness Analysis,By Debris Size (2020)
Figure 04: Global Space Debris Removal, BPS Analysis, By Orbit , 2018(H), 2023(E) & 2030(F)
Figure 05: Global Space Debris Removal, Y-O-Y Growth, By Orbit , 2018(H) - 2030(F)
Figure 06: Global Space Debris Removal Attractiveness Analysis, By Orbit
Figure 07: Global Space Debris Removal, Value Analysis,By Debris Size, 2018(H)-2030(F)
Figure 08: Global Space Debris Removal, Value Analysis, by Material , 2018(H)-2030(F)
Figure 09: Global Space Debris Removal, BPS Analysis, by Region, 2018(H), 2023(E) & 2030(F)
Figure 10: Global Space Debris Removal, Y-O-Y Growth, by Region, 2018(H) - 2030(F)
Figure 11: Global Space Debris Removal Attractiveness Analysis, by Region
Figure 12: North America Space Debris Removal Value (USD Mn Forecast, 2018 – 2022
Figure 13: North America Space Debris Removal Value (USD Mn Forecast, 2023 – 2030
Figure 14: South America Space Debris Removal Value (USD Mn) Forecast, 2018 – 2022
Figure 15: South America Space Debris Removal Value (USD Mn) Forecast, 2023 – 2030
Figure 16: Europe Space Debris Removal Value (USD Mn) Forecast, 2018 – 2022
Figure 17: Europe Space Debris Removal Value (USD Mn) Forecast, 2023 – 2030
Figure 18: Middle East and Africa Space Debris Removal Value (USD Mn) Forecast, 2018 – 2022
LIST OF TABLES
Table 01: Global Space Debris Removal Value (USD Mn) Forecast, By Debris Size, 2018(H) – 2030(F)
Table 02: Global Space Debris Removal Value (USD Mn) Forecast, By Orbit , 2018(H) – 2030(F)
Table 03: Global Space Debris Removal Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 04: North America Space Debris Removal Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 05: North America Space Debris Removal Value (USD Mn) Forecast,By Debris Size, 2018(H) – 2030(F)
Table 06: North America Space Debris Removal Value (USD Mn) Forecast, By Orbit , 2018(H) – 2030(F)
Table 07: South America Space Debris Removal Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 08: South America Space Debris Removal Value (USD Mn) Forecast,By Debris Size, 2018(H) – 2030(F)
Table 09: South America Space Debris Removal Value (USD Mn) Forecast, By Orbit , 2018(H) – 2030(F)
Table 10: Europe Space Debris Removal Value (USD Mn) and Forecast, by Country, 2018(H) – 2030(F)
Table 11: Europe Space Debris Removal Value (USD Mn) Forecast, By Debris Size, 2018(H) – 2030(F)
Table 12: Europe Space Debris Removal Value (USD Mn) Forecast, By Orbit EndUser, 2018(H) – 2030(F)
Table 13: Middle East and Africa Space Debris Removal Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 14: Middle East and Africa Space Debris Removal Value (USD Mn) Forecast, By Debris Size, 2018(H) – 2030(F)
Table 15: Middle East and Africa Space Debris Removal Value (USD Mn) Forecast, By Orbit , 2018(H) – 2030(F)
Table 16: Asia-Pacific Space Debris Removal Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 17: Asia-Pacific Space Debris Removal Value (USD Mn) Forecast, By Debris Size, 2018(H) – 2030(F)
Table 18: Asia-Pacific Space Debris Removal Value (USD Mn) Forecast, By Orbit , 2018(H) – 2030(F)
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