Market Overview

Global Space Debris Monitoring and Removal Market 2018-2022 with Airbus, ASTROSCALE, Boeing, Lockheed Martin, Northrop Grumman & RSC Energia Dominating

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Global Space Debris Monitoring and Removal Market 2018-2022 with Airbus, ASTROSCALE, Boeing, Lockheed Martin, Northrop Grumman & RSC Energia Dominating

PR Newswire

DUBLIN, Aug. 15, 2018 /PRNewswire/ --

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

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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

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Space debris removal technology market - Market size and forecast 2017-2022
  • Space debris monitoring technology market - Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC - Market size and forecast 2017-2022
  • EMEA - Market size and forecast 2017-2022
  • Americas - Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity by region

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Emerging ADR concepts
  • Development of self-replicating robots for debris removal
  • High energy laser concept for debris removal

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Airbus
  • ASTROSCALE
  • Boeing
  • Lockheed Martin
  • Northrop Grumman
  • RSC Energia

PART 15: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/p8gts7/global_space?w=5

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