Market Overview

Global Space Debris Monitoring and Removal Market 2018-2022 - Market will Generate a Revenue of Close to USD 2.9 Billion - ResearchAndMarkets.com

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The "Global
Space Debris Monitoring and Removal Market 2018-2022"
report
has been added to ResearchAndMarkets.com's offering.

The global space debris monitoring and removal market will generate a
revenue of close to USD 2.9 billion by 2022.

Global Space Debris Monitoring and Removal Market 2018-2022, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects
over the coming years. The report also includes a discussion of the key
vendors operating in this market.

Space debris monitoring and removal play a significant role in the
control of the amount of debris present in space. The high number of
non-functional objects in Earth's spatial environment due to spatial
collisions between natural and artificial satellites or spacecraft is
the prime factor that is increasing the demand for monitoring and
removal of space debris.

One trend in the market is emerging ADR concepts. In the last decade,
the space debris population has witnessed rapid growth in the LEO and is
expected to continue growing even with the widespread adoption of
mitigation measures. ADR is required to stabilize the growth of space
debris, but more importantly, a check should be monitored for any newly
launched objects so that they are in compliance with post-mission
disposal guidelines.

According to the report, one driver in the market is rising amount of
space debris. As of now, there are 40,000 tracked objects in the orbit,
of which about half remain in space and are regularly tracked by the US
Space Surveillance Network and maintained in its catalog. One-fourth of
the cataloged objects are satellites out of which less than 30% are
operational and are spent upper stages and mission-related objects, such
as launch adapters and lens covers.

Further, the report states that one challenge in the market is damaging
impact of hypervelocity particles. Man-made space debris and natural
meteoroids moving at high speed can damage satellites and spacecraft. If
the particle travels sufficiently fast, electromagnetic radiation is
generated from the impact, which can damage and disable the spacecraft's
electronic systems.

Key vendors

  • Airbus
  • ASTROSCALE
  • Boeing
  • Lockheed Martin
  • Northrop Grumman
  • RSC Energia

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Application

Part 08: Customer Landscape

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/kn2pr8/global_space?w=4

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