Global Indirect Debris Removal Market
Tamaño del mercado en miles de millones de dólares
Tasa de crecimiento anual compuesta (CAGR) : %
Período de pronóstico |
2024 –2031 |
Tamaño del mercado (año base) |
USD 40.00 Million |
Tamaño del mercado (año de pronóstico) |
USD 238.42 Million |
Tasa de crecimiento anual compuesta (CAGR) |
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Jugadoras de los principales mercados |
Global Indirect Debris Removal Market, By Orbit (LEO, MEO, GEO), Debris Size (1mm to 10mm, 10mm to 100mm, Greater than 100mm), By Technique (Drag Sail, Electrodynamic Tether, and Other Indirect Debris Removal Techniques) - Industry Trends and Forecast to 2031.
Indirect Debris Removal Market Analysis and Size
The market involves solutions and technologies aimed at mitigating space debris through indirect means, such as orbital net capture, laser ablation, electrodynamic tethers, and drag sail deployment. As space debris poses increasing risks to satellite operations and space missions, the demand for effective debris removal solutions has escalated.
Data Bridge Market Research analyses that the global indirect debris removal marketwhich was USD 40.00 million in 2023, would rocket up to USD 238.42 million by 2031, and is expected to undergo a CAGR of 21.94% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (2016 - 2021) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Orbit (LEO, MEO, GEO), Debris Size (1mm to 10mm, 10mm to 100mm, Greater than 100mm), Technique (Drag Sail, Electrodynamic Tether, and Other Indirect Debris Removal Techniques) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa |
Market Players Covered |
Airbus (France), VOYAGER (U.S.), Astroscale (Japan), ClearSpace (Switzerland), D-ORBIT (Italy), Electro Optic Systems (Australia), Lockheed Martin Corporation (U.S.), Northrop Grumman (U.S.), Obruta Space Solutions Corp. (Canada), OrbitGuardians (U.S.), Aldoria (France), Surrey Satellite Technology Ltd (UK), and Kall Morris Inc (U.S.) |
Market Opportunities |
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Market Definition
The indirect debris removal encompasses the development, manufacture, and deployment of innovative technologies and solutions aimed at mitigating space debris through indirect means. These solutions include orbital net capture, laser ablation, electrodynamic tethers, and drag sail deployment, among others. With the proliferation of space debris posing significant risks to space infrastructure and missions, this market addresses the critical need for effective strategies to capture, deorbit, and dispose of debris objects in Earth's orbit, ensuring the safety and sustainability of space activities.
Indirect Debris Removal Market Dynamics
Drivers
- Escalating Space Debris Threat
The proliferation of space debris poses significant risks to operational satellites, spacecraft, and space missions. As the number of defunct satellites, spent rocket stages, and other debris objects continues to increase, there is a pressing need for effective debris removal solutions to mitigate collision risks and sustain long-term space activities.
- Government Support and Funding
Governments worldwide are increasingly recognizing the importance of space sustainability and debris mitigation. Through initiatives such as funding grants, regulatory frameworks, and collaborative research programs, governments are supporting the development and deployment of space debris removal technologies, driving market growth and innovation in the sector.
Opportunities
- Emerging Commercial Space Ventures
The rise of commercial space ventures and private space exploration initiatives presents new opportunities for space debris removal services and solutions. Commercial entities are investing in innovative technologies and business models to address space debris challenges, leveraging market opportunities to provide sustainable and cost-effective debris mitigation services.
- Advancements in Debris Removal Technologies
Ongoing advancements in debris removal technologies, such as laser ablation, electrodynamic tethers, and drag sail deployment, offer significant opportunities for market growth. Enhanced efficiency, precision, and scalability of debris removal systems enable more effective debris capture, deorbiting, and disposal, driving adoption across government, commercial, and research sectors.
- International Collaborations and Partnerships
Collaborative efforts between international space agencies, industry stakeholders, and research institutions create opportunities for joint research, technology development, and mission operations in space debris removal. By pooling resources, expertise, and infrastructure, collaborative initiatives facilitate the rapid advancement and deployment of debris removal solutions, accelerating market growth and innovation.
Restraints/ Challenges
- Regulatory Complexity
The absence of comprehensive international regulations and standards for space debris removal operations poses a significant restraint to market growth. Regulatory uncertainty and compliance challenges complicate debris mitigation efforts, hindering the development, deployment, and operation of debris removal systems in compliance with international space law and guidelines.
- Technical Complexity of Debris Removal Operations
Debris removal operations involve complex technical challenges related to orbital dynamics, debris tracking, capture mechanisms, and deorbiting strategies. Addressing these challenges requires interdisciplinary expertise, advanced simulation and modeling capabilities, and innovative engineering solutions to ensure the effectiveness and safety of debris removal missions in space. Overcoming technical hurdles is essential for realizing the full potential of space debris removal technologies and achieving long-term space sustainability goals.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the variable frequency drive market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- On February 19, 2024, Astroscale Holdings, a Japanese startup, deployed a satellite to assess the condition of a discarded rocket component in orbit, marking a milestone in space debris management. Positioned 600 kilometers above Earth's surface, this satellite represents the inaugural technology for space debris elimination, operating at significant velocities
- On February 09, 2024, Rocket Lab initiated the Astroscale Orbital Debris Removal Satellite Complex 1 launch from New Zealand. This mission aims at orbital debris mitigation, featuring the ADRAS-J module. Measuring 11 meters in length and four meters in diameter, equipped with inspection cameras, ADRAS-J maneuvers around the targeted stage
- On April 26, 2024, Astroscale achieved a breakthrough by capturing the world's first image of space debris through Rendezvous and Proximity Operations (RPO). Utilizing its commercial debris inspection satellite, Active Debris Removal by Astroscale-Japan (ADRAS-J), the image was obtained from a distance of several hundred meters behind the targeted space debris, a rocket upper stage
Indirect Debris Removal Market Scope
The market is segmented on the basis of orbit, debris size, and technique. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Orbit
- LEO
- MEO
- GEO
Debris Size
- 1mm to 10mm
- 10mm to 100mm
- Greater than 100mm
Technique
- Drag Sail
- Electrodynamic Tether
- Other Indirect Debris Removal Techniques
Indirect Debris Removal Market Region Analysis/Insights
The market is analyzed and market size insights and trends are provided by region, orbit, debris size, and technique as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, the Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa.
North America dominates the market due to the stringent U.S. government regulations governing space-related products, alongside a surge in space launches. The United States, with its influential position in the sector and regulations such as the International Traffic in Arms Regulations (ITAR), plays a pivotal role in shaping the market landscape fostering space debris monitoring and removal initiatives.
Europe is projected to emerge as the fastest-growing region in the market, driven by various factors such as satellite utilization in military operations, collaborative efforts among large corporations for debris removal missions, and a growing presence in space-related endeavors. These factors contribute to the region's rapid market expansion, positioning Europe as a key player in space debris mitigation efforts.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
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Competitive Landscape and Global Indirect Debris Removal Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to market.
Some of the major players operating in the Global indirect debris removal market are:
- Airbus (France)
- VOYAGER (U.S.)
- Astroscale (Japan)
- ClearSpace (Switzerland)
- D-ORBIT (Italy)
- Electro Optic Systems (Australia)
- Lockheed Martin Corporation (U.S.)
- Northrop Grumman (U.S.)
- Obruta Space Solutions Corp. (Canada)
- OrbitGuardians (U.S.)
- Aldoria (France)
- Surrey Satellite Technology Ltd (UK)
- Kall Morris Inc (U.S.)
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Metodología de investigación
La recopilación de datos y el análisis del año base se realizan utilizando módulos de recopilación de datos con muestras de gran tamaño. La etapa incluye la obtención de información de mercado o datos relacionados a través de varias fuentes y estrategias. Incluye el examen y la planificación de todos los datos adquiridos del pasado con antelación. Asimismo, abarca el examen de las inconsistencias de información observadas en diferentes fuentes de información. Los datos de mercado se analizan y estiman utilizando modelos estadísticos y coherentes de mercado. Además, el análisis de la participación de mercado y el análisis de tendencias clave son los principales factores de éxito en el informe de mercado. Para obtener más información, solicite una llamada de un analista o envíe su consulta.
La metodología de investigación clave utilizada por el equipo de investigación de DBMR es la triangulación de datos, que implica la extracción de datos, el análisis del impacto de las variables de datos en el mercado y la validación primaria (experto en la industria). Los modelos de datos incluyen cuadrícula de posicionamiento de proveedores, análisis de línea de tiempo de mercado, descripción general y guía del mercado, cuadrícula de posicionamiento de la empresa, análisis de patentes, análisis de precios, análisis de participación de mercado de la empresa, estándares de medición, análisis global versus regional y de participación de proveedores. Para obtener más información sobre la metodología de investigación, envíe una consulta para hablar con nuestros expertos de la industria.
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