A quick peek into the report
Table of Contents
1.1 Industry Outlook
1.1.1 Active Space Debris Removal: Overview
1.1.1.1 Timeline: Evolution of the Space Debris Industry
1.1.2 Ecosystem Participants
1.1.3 Futuristic Trends for Space Debris Tracking
1.1.3.1 Space Traffic Management
1.1.3.2 Space Situational Awareness
1.1.3.3 Space Surveillance and Tracking
1.1.4 Supply Chain Analysis
1.1.5 The Ecosystem of Ongoing Programs
1.1.5.1 Consortiums, Associations, and Regulatory Bodies
1.1.6 Patent Analysis
1.1.6.1 Introduction
1.1.6.2 Patent Landscape
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Increasing Amount of Space Debris
1.2.1.2 Regulations from International Associations
1.2.1.3 Increasing Investment in Space Tourism
1.2.2 Business Challenges
1.2.2.1 Short-Term Challenges
1.2.2.1.1 Impact of Coronavirus Disease (COVID-19) on Global Active Space Debris Removal Market
1.2.2.2 Long-Term Challenges
1.2.2.2.1 High Costs Associated with the Research and Development of the System
1.2.2.2.2 Lack of Required Infrastructure in Developing Nations
1.2.3 Business Strategies
1.2.3.1 Product Development and Innovation
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Partnerships, Collaborations, Mergers and Acquisitions, and Joint Ventures
1.2.5 Business Opportunities
1.2.5.1 Increasing Risk on Future Satellite Mega-Constellations
1.2.5.2 Low Competition with Plenty of Opportunities to Expand
2.1 Global Active Space Debris Removal Market (by Debris Size)
2.1.1 1mm-10mm
2.1.2 10mm-100mm
2.1.3 Greater than 100mm
2.2 Global Active Space Debris Removal Market (by Orbit)
2.2.1 Low Earth Orbit (LEO)
2.2.2 Medium Earth Orbit (MEO)
2.2.3 Geostationary Orbit (GEO)
3.1 Global Active Space Debris Removal Market (by Product)
3.1.1 By Removal Technique
3.1.1.1 Contact Method
3.1.1.1.1 Robotic Arm
3.1.1.1.2 Tethers
3.1.1.1.3 Nets
3.1.1.1.4 Harpoons
3.1.1.2 Contactless Method
3.1.1.2.1 Ion-beam Shepherd
3.1.1.2.2 Lasers
3.1.2 By Mode of Operation
3.1.2.1 Single Point
3.1.2.2 Distributed
3.1.3 By Level of Autonomy
3.1.3.1 Ground Control
3.1.3.2 Predefined
3.1.3.3 Adaptive
4.1 Global Active Space Debris Removal Market (by Region)
4.2 North America
4.2.1 Markets
4.2.1.1 Key Manufacturers and Suppliers in North America
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Applications
4.2.2.1 North America Active Space Debris Removal Market, by Application (Orbit)
4.2.3 Product
4.2.3.1 North America Active Space Debris Removal Market, by Product (Contact Method)
4.2.4 North America (by Country)
4.2.4.1 The U.S.
4.2.4.1.1 Markets
4.2.4.1.1.1 Key Manufacturers in the U.S.
4.2.4.1.1.2 Business Challenges
4.2.4.1.1.3 Business Drivers
4.2.4.1.2 Application
4.2.4.1.2.1 The U.S. Active Space Debris Removal Market, by Application (Orbit)
4.2.4.1.3 Product
4.2.4.1.3.1 The U.S. Active Space Debris Removal Market, by Product (Contact Method)
4.2.4.2 Canada
4.2.4.2.1 Markets
4.2.4.2.1.1 Business Challenges
4.2.4.2.1.2 Business Drivers
4.2.4.2.2 Application
4.2.4.2.2.1 Canada Active Space Debris Removal Market, by Application (Orbit)
4.2.4.2.3 Product
4.2.4.2.3.1 Canada Active Space Debris Removal Market, by Product (Contact Method)
4.3 Europe
4.3.1 Markets
4.3.1.1 Key Manufacturers and Suppliers in Europe
4.3.1.2 Business Drivers
4.3.1.3 Business Challenges
4.3.2 Applications
4.3.2.1 Europe Active Space Debris Removal Market, by Application (Orbit)
4.3.3 Product
4.3.3.1 Europe Active Space Debris Removal Market, by Product (Contact Method)
4.3.4 Europe (by Country)
4.3.4.1 France
4.3.4.1.1 Markets
4.3.4.1.1.1 Key Manufacturers in France
4.3.4.1.1.2 Business Challenges
4.3.4.1.1.3 Business Drivers
4.3.4.1.2 Application
4.3.4.1.2.1 France Active Space Debris Removal Market, by Application (Orbit)
4.3.4.1.3 Product
4.3.4.1.3.1 France Active Space Debris Removal Market, by Product (Contact Method)
4.3.4.2 Germany
4.3.4.2.1 Markets
4.3.4.2.1.1 Business Challenges
4.3.4.2.1.2 Business Drivers
4.3.4.2.2 Application
4.3.4.2.2.1 Germany Active Space Debris Removal Market, by Application (Orbit)
4.3.4.2.3 Product
4.3.4.2.3.1 Germany Active Space Debris Removal Market, by Product (Contact Method)
4.3.4.3 Russia
4.3.4.3.1 Markets
4.3.4.3.1.1 Business Challenges
4.3.4.3.1.2 Business Drivers
4.3.4.3.2 Application
4.3.4.3.2.1 Russia Active Space Debris Removal Market, by Application (Orbit)
4.3.4.3.3 Product
4.3.4.3.3.1 Russia Active Space Debris Removal Market, by Product (Contact Method)
4.3.4.4 U.K.
4.3.4.4.1 Markets
4.3.4.4.1.1 Key Manufacturers in the U.K
4.3.4.4.1.2 Business Challenges
4.3.4.4.1.3 Business Drivers
4.3.4.4.2 Application
4.3.4.4.2.1 The U.K. Active Space Debris Removal Market, by Application (Orbit)
4.3.4.4.3 Product
4.3.4.4.3.1 The U.K. Active Space Debris Removal Market, by Product (Contact Method)
4.3.4.5 Rest-of-Europe
4.3.4.5.1 Markets
4.3.4.5.1.1 Key Manufacturers in the Rest-of-Europe
4.3.4.5.1.2 Business Challenges
4.3.4.5.1.3 Business Drivers
4.3.4.5.2 Application
4.3.4.5.2.1 The Rest-of-Europe Active Space Debris Removal Market, by Application (Orbit)
4.3.4.5.3 Product
4.3.4.5.3.1 The Rest-of-Europe Active Space Debris Removal Market, by Product (Contact Method)
4.4 Asia-Pacific
4.4.1 Markets
4.4.1.1 Key Manufacturers and Suppliers in Asia-Pacific
4.4.1.2 Business Drivers
4.4.1.3 Business Challenges
4.4.2 Applications
4.4.2.1 Asia-Pacific Active Space Debris Removal Market, by Application (Orbit)
4.4.3 Product
4.4.3.1 Asia-Pacific Active Space Debris Removal Market, by Product (Contact Method)
4.4.3.2 Asia-Pacific Active Space Debris Removal Market, by Product (Contactless Method), $Million, 2019-2030
4.4.4 Asia-Pacific (by Country)
4.4.4.1 China
4.4.4.1.1 Markets
4.4.4.1.1.1 Business Challenges
4.4.4.1.1.2 Business Drivers
4.4.4.1.2 Applications
4.4.4.1.2.1 China Active Space Debris Removal Market, by Application (orbit)
4.4.4.1.3 Product
4.4.4.1.3.1 China Active Space Debris Removal Market, by Product (Contact Method)
4.4.4.2 India
4.4.4.2.1 Markets
4.4.4.2.1.1 Key Manufacturers in India
4.4.4.2.1.2 Business Challenges
4.4.4.2.1.3 Business Drivers
4.4.4.2.2 Applications
4.4.4.2.2.1 India Active Space Debris Removal Market, by Application (Orbit)
4.4.4.2.3 Product
4.4.4.2.3.1 India Active Space Debris Removal Market, by Product (Contact Method)
4.4.4.3 Japan
4.4.4.3.1 Markets
4.4.4.3.1.1 Key Manufacturers in Japan
4.4.4.3.1.2 Business Challenges
4.4.4.3.1.3 Business Drivers
4.4.4.3.2 Applications
4.4.4.3.2.1 Japan Active Space Debris Removal Market, by Application (Orbit)
4.4.4.3.3 Product
4.4.4.3.3.1 Japan Active Space Debris Removal Market, by Product (Contact Method)
4.4.4.3.3.2 Japan Active Space Debris Removal Market, by Product (Contactless Method), $Million, 2019-2030)
4.4.4.4 Rest-of-Asia-Pacific
4.4.4.4.1 Markets
4.4.4.4.1.1 Key Manufacturers in Rest-of-Asia-Pacific
4.4.4.4.1.2 Business Challenges
4.4.4.4.1.3 Business Drivers
4.4.4.4.2 Applications
4.4.4.4.2.1 Rest-of-Asia-Pacific Active Space Debris Removal Market, by Application (Orbit)
4.4.4.4.3 Product
4.4.4.4.3.1 Rest-of-Asia-Pacific Active Space Debris Removal Market, by Product (Contact Method)
4.5 Rest-of-the-World
4.5.1 Markets
4.5.1.1 Business Drivers
4.5.1.2 Business Challenges
4.5.2 Applications
4.5.2.1 Rest-of-the-World Active Space Debris Removal Market, by Application (Orbit)
4.5.3 Product
4.5.3.1 Rest-of-the-World Active Space Debris Removal Market, by Product (Contact Method)
4.5.4 Rest-of-the-World (Sub-Regions)
4.5.4.1 Africa
4.5.4.1.1 Markets
4.5.4.1.1.1 Business Challenges
4.5.4.1.1.2 Business Drivers
4.5.4.1.2 Applications
4.5.4.1.2.1 Africa Active Space Debris Removal Market, by Application (Orbit)
4.5.4.1.3 Product
4.5.4.1.3.1 Africa Active Space Debris Removal Market, by Product (Contact Method)
4.5.4.2 Latin America
4.5.4.2.1 Applications
4.5.4.2.1.1 Latin America Active Space Debris Removal Market, by Application (Orbit)
4.5.4.2.2 Product
4.5.4.2.2.1 Latin America Active Space Debris Removal Market, by Product (Contact Method)
4.5.4.3 The Middle East
4.5.4.3.1 Applications
4.5.4.3.1.1 Middle East Active Space Debris Removal Market, by Application (Orbit)
4.5.4.3.2 Product
4.5.4.3.2.1 Middle East Active Space Debris Removal Market, by Product (Contact Method)
5.1 Competitive Benchmarking
5.2 Airbus S.A.S.
5.2.1 Company Overview
5.2.1.1 Role of Airbus S.A.S in Active Space Debris Removal Market
5.2.1.2 Product Portfolio
5.2.2 Corporate Strategies
5.2.2.1 Partnership and Collaboration
5.2.3 Strengths and Weaknesses of Airbus S.A.S.
5.2.4 R&D Analysis
5.3 Altius Space
5.3.1 Company Overview
5.3.1.1 Role of Altius Space in Active Space Debris Removal Market
5.3.1.2 Product Portfolio
5.3.2 Business Strategies
5.3.2.1 Product Developments
5.3.3 Corporate Strategies
5.3.3.1 Acquisition
5.3.4 Strengths and Weaknesses of Altius Space
5.4 Ariane Group
5.4.1 Company Overview
5.4.1.1 Role of Ariane Group in Active Space Debris Removal Market
5.4.1.2 Product Portfolio
5.4.2 Business Strategies
5.4.2.1 Product Developments
5.4.3 Strengths and Weaknesses of Ariane Group
5.5 Astroscale
5.5.1 Company Overview
5.5.1.1 Role of Astroscale in Active Space Debris Removal Market
5.5.1.2 Product Portfolio
5.5.2 Business Strategies
5.5.2.1 Product Developments
5.5.2.2 Market Developments
5.5.3 Corporate Strategies
5.5.3.1 Partnership and Collaboration
5.5.4 Strengths and Weaknesses of Astroscale
5.6 ClearSpace SA
5.6.1 Company Overview
5.6.1.1 Role of ClearSpace SA in Active Space Debris Removal Market
5.6.1.2 Product Portfolio
5.6.2 Corporate Strategies
5.6.2.1 Contract
5.6.3 Strengths and Weaknesses of ClearSpace SA
5.7 D-Orbit SpA
5.7.1 Company Overview
5.7.1.1 Role of D-Orbit in Active Space Debris Removal Market
5.7.1.2 Product Portfolio
5.7.2 Business Strategies
5.7.2.1 Funds
5.7.3 Corporate Strategies
5.7.3.1 Agreement
5.7.4 Strengths and Weaknesses of D-Orbit SpA
5.8 Electro Optic Systems Pty Ltd
5.8.1 Company Overview
5.8.1.1 Role of Electro Optic Systems Pty Ltd in Active Space Debris Removal Market
5.8.1.2 Product Portfolio
5.8.2 Business Strategies
5.8.2.1 Product Developments
5.8.3 Strengths and Weaknesses of Electro Optic Systems
5.9 Exodus Space Systems
5.9.1 Company Overview
5.9.1.1 Role of Exodus Space Systems in Active Space Debris Removal Market
5.9.1.2 Product Portfolio
5.9.2 Business Strategies
5.9.2.1 Product Developments
5.9.3 Strengths and Weaknesses of Exodus Space Systems
5.10 Innovative Solutions in Space B.V.
5.10.1 Company Overview
5.10.1.1 Role of Innovative Solutions in Space B.V. in Active Space Debris Removal Market
5.10.1.2 Product Portfolio
5.10.2 Strengths and Weaknesses of Innovative Solutions in Space
5.11 Lockheed Martin Corporation
5.11.1 Company Overview
5.11.1.1 Role of Lockheed Martin Corporation in Active Space Debris Removal Market
5.11.1.2 Product Portfolio
5.11.2 Strengths and Weaknesses of Lockheed Martin Corporation
5.11.3 R&D Analysis
5.12 Northrop Grumman Corporation
5.12.1 Company Overview
5.12.1.1 Role of Northrop Grumman Corporation in Active Space Debris Removal Market
5.12.1.2 Product Portfolio
5.12.2 Business Strategies
5.12.2.1 Product Developments
5.12.3 Corporate Strategies
5.12.3.1 Acquisition
5.12.4 Strengths and Weaknesses of Northrop Grumman Corporation
5.12.5 R&D Analysis
5.13 SKY Perfect JSAT Corporation
5.13.1 Company Overview
5.13.1.1 Role of SKY Perfect JSAT Corporation in Active Space Debris Removal Market
5.13.1.2 Product Portfolio
5.13.2 Business Strategies
5.13.2.1 Product Developments
5.13.3 Strengths and Weaknesses of SKY Perfect JSAT
5.14 Surrey Satellite Technology Limited
5.14.1 Company Overview
5.14.1.1 Role of Surrey Satellite Technologies Ltd in Active Space Debris Removal Market
5.14.1.2 Product Portfolio
5.14.2 Business Strategies
5.14.2.1 Product Developments
5.14.3 Corporate Strategies
5.14.3.1 Partnership and Collaboration
5.14.4 Strengths and Weaknesses of Surrey Satellite Technologies Ltd
5.15 Tethers Unlimited, Inc.
5.15.1 Company Overview
5.15.1.1 Role of Tethers Unlimited Inc. in Active Space Debris Removal Market
5.15.1.2 Product Portfolio
5.15.2 Business Strategies
5.15.2.1 Product Developments
5.15.3 Corporate Strategies
5.15.3.1 Contract
5.15.4 Strengths and Weaknesses of Tethers Unlimited
5.16 European Space Agency
5.16.1 Company Overview
5.16.1.1 Role of the European Space Agency in Active Space Debris Removal Market
5.16.1.2 Product Portfolio
5.16.2 Business Strategies
5.16.2.1 Product Developments
5.16.3 Strengths and Weaknesses of the European Space Agency
5.17 ISRO
5.17.1 Company Overview
5.17.1.1 Role of ISRO in Active Space Debris Removal Market
5.17.1.2 Product Portfolio
5.17.2 Business Strategies
5.17.2.1 Product Developments
5.17.2.2 Market Developments
5.17.3 Corporate Strategies
5.17.3.1 Partnership and Collaboration
5.17.4 Strengths and Weaknesses of ISRO
Research Methodology
Table 1: Debris Population (by Debris Size)
Table 2: Global Active Space Debris Removal Market (by LEO), $Million, 2019-2030
Table 3: Global Active Space Debris Removal Market (by MEO), $Million, 2019-2030
Table 4: Global Active Space Debris Removal Market (by GEO), $Million, 2019-2030
Table 5: Global Robotic Arm Market (by Region), $Million, 2019-2030
Table 6: Global Tethers Market (by Region), $Million, 2019-2030
Table 7: Global Nets Market (by Region), $Million, 2019-2030
Table 8: Global Harpoons Market (by Region), $Million, 2019-2030
Table 9: Global Laser Market (by Region), $Million, 2019-2030
Table 10: Global Active Space Debris Removal Market (by Mode of Operation), $Million, 2019-2030
Table 11: Global Active Space Debris Removal Market (by Level of Autonomy), $Million, 2019-2030
Table 12: Global Active Space Debris Removal Market (by Region), $Million, 2019-2030
Table 13: North America Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 14: North America Active Space Debris Removal Market, by Product, (Contact Method), $Million, 2019-2030
Table 15: The U.S. Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 16: The U.S. Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 17: Canada Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 18: Canada Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 19: Europe Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 20: Europe Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 21: France Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 22: France Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 23: Germany Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 24: Germany Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 25: Russia Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 26: Russia Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 27: The U.K. Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 28: The U.K. Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 29: The Rest-of-Europe Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 30: The Rest-of-Europe Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 31: Asia-Pacific Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 32: Asia-Pacific Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 33: China Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 34: China Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 35: India Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 36: India Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 37: Japan Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 38: Japan Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 39: Japan Active Space Debris Removal Market, by Product (Contactless Method), $Million, 2019-2030
Table 40: Rest-of-Asia-Pacific Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 41: Rest-of-Asia-Pacific Japan Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 42: Rest-of-the-World Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 43: Rest-of-the-World Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 44: Africa Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 45: Africa Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 46: Latin America Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 47: Latin America Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 48: Middle East Active Space Debris Removal Market, by Application (Orbit), $Million, 2019-2030
Table 49: Middle East Active Space Debris Removal Market, by Product (Contact Method), $Million, 2019-2030
Table 50: Table: Benchmarking and Weightage Parameters
Table 51: Table: Active Space Debris Removal Players, Benchmarking Score
Table 52: Airbus S.A.S.: Product Portfolio
Table 53: Partnership and Collaboration
Table 54: Altius Space Product Portfolio
Table 55: Product Developments
Table 56: Acquisition
Table 57: Ariane Group: Product Portfolio
Table 58: Product Developments
Table 59: Astroscale: Product Portfolio
Table 60: Table: Product Developments
Table 61: Table: Market Developments
Table 62: Partnership and Collaboration
Table 63: ClearSpace SA Product Portfolio
Table 64: Contract – ClearSpace SA
Table 65: D-Orbit SpA: Product Portfolio
Table 66: D-Orbit SpA: Funds
Table 67: D-Orbit SpA Agreement
Table 68: Electro Optic Systems Product Portfolio
Table 69: Product Developments
Table 70: Exodus Space Systems: Product Portfolio
Table 71: Product Developments
Table 72: ISISpace: Product Portfolio
Table 73: Lockheed Martin Corporation: Product Portfolio
Table 74: Northrop Grumman Corporation: Product Portfolio
Table 75: Product Developments
Table 76: Northrop Grumman Corporation
Table 77: SKY Perfect JSAT Corporation: Product Portfolio
Table 78: Product Developments
Table 79: Surrey Satellite Technologies Ltd: Product Portfolio
Table 80: Table: Product Developments
Table 81: Partnership and Collaboration
Table 82: Tethers Unlimited: Product Portfolio
Table 83: Table: Product Developments
Table 84: Tethers Unlimited: Contract
Table 85: European Space Agency: Product Portfolio
Table 86: Table: Product Developments
Table 87: ISRO: Product Portfolio
Table 88: ISRO: Product Developments
Table 89: ISRO: Market Developments
Table 90: ISRO: Partnership and Collaboration
Figure 1: Global Active Space Debris Removal Market, $Million, 2019-2030
Figure 2: Global Active Space Debris Removal Market (by Orbit), $Million, 2019 and 2030
Figure 3: Global Active Space Debris Removal Market (by Technique), $Million, 2019 and 2030
Figure 4: Global Active Space Debris Removal Market (by Region), $Million, 2019
Figure 5: Active Space Debris Removal Market Coverage
Figure 6: Ecosystem: Space Debris Removal
Figure 7: Supply Chain Analysis of Global Active Space Debris Removal Market
Figure 8: Patent Landscape: Space Debris Removal
Figure 9: Global Active Space Debris Removal Market, Business Dynamics
Figure 10: Share of Key Business Strategies and Developments, 2017-2020
Figure 11: Product Development and Innovation (by Company), 2017-2020
Figure 12: Business Expansions, Investments, and Contracts (by Company), 2017-2020
Figure 13: Partnerships, Collaborations, Mergers and Acquisitions, and Joint Ventures, 2017-2020
Figure 14: Global Active Space Debris Removal Market (by Debris Size)
Figure 15: Global Active Space Debris Removal Market, (by Orbit), $Million, 2019-2030
Figure 16: Global Active Space Debris Removal Market (by Removal Technique)
Figure 17: Global Active Space Debris Removal Market, by Removal Technique, $Million, 2019-2030
Figure 18: Airbus S.A.S R&D (2017-2019)
Figure 19: Lockheed Martin Corporation R&D (2017-2019)
Figure 20: Northrop Grumman Corporation R&D (2017-2019)
Figure 21: Research Methodology
Figure 22: Top-Down and Bottom-Up approach
Figure 23: Active Space Debris Removal Market Influencing Factors
Figure 24: Assumptions and Limitations
Key Questions Answered in this Report:
• What are the major drivers, challenges, and opportunities for the active space debris removal market during the forecast period 2020-2030?
• How is COVID-19 affecting the growth of the global active space debris removal market?
• What are the recent trends in the debris removal detection and tracking segment?
• Who are the key players in the active space debris removal market, and what is their competitive benchmarking?
• What is the expected revenue generated by the global active space debris removal market during the forecast period 2020-2030?
• What are the strategies adopted by the key players in the market to increase its market presence in the industry?
• Which application of the debris size and orbit is expected to dominate the market in 2030?
• What are the competitive strengths of the key players in the space debris removal market?
• What would be the aggravated revenue generated by the active space debris removal market segmented by region (North America, Europe, Asia-Pacific, and Rest-of-the-World) by 2030?
Report Description
Scope of the Global Active Space Debris Removal Market
The active space debris removal market research provides the market information for segmentation such as classification of the debris particles based on their size and the orbit, as well as the removal technique of contact and contactless methods. The market analysis examines the debris removal market outlook in terms of the trends, driving forces, opportunities, technological advancements, and competitive benchmarking, among others.
The report further takes into consideration the market and business dynamics, along with the detailed product contribution of the key players operating in the market.
Global Active Space Debris Removal Market Segmentation
The report constitutes an extensive study of the debris removal industry. The report largely focuses on providing market information for the debris removal covering various segments, products, applications, and regions. The size range included 1mm-10mm, 10mm-100mm, and greater than 100mm. The orbits were classified into Low Earth Orbit, Middle Earth Orbit, and Geostationary Orbit. The market is further segmented into four contact methods to capture the debris, namely the robotic arm, tethers, net, and harpoon. A brief description of contactless methods such as lasers and ion beam shepherd method were explained in the report.
The active space debris removal market is segregated by region under four major regions, namely North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions (by country) is provided.
Key Companies in the Global Active Space Debris Removal Industry
The key players in the global active space debris removal market include Airbus S.A.S.(the Netherlands), Altius Space (the U.S.), Ariane Group (France), Astroscale (Japan), ClearSpace SA (Switzerland), D-Orbit SpA (Italy), Electro Optic Systems Pty Ltd (Australia), Exodus Space Systems (Australia), Innovative Solutions in Space B.V. (the Netherlands), Lockheed Martin Corporation (the U.S.), Northrop Grumman Corporation (the U.S.), SKY Perfect JSAT Corporation (Japan), Surrey Satellite Technologies Ltd (the U.K.), Tethers Unlimited, Inc. (the U.S.), and government space agencies such as the European Space Agency (France), and Indian Space Research Organization (India).
Market Overview
Global Active Space Debris Removal Market Forecast, 2020-2030
The active space debris removal industry analysis by BIS Research projects the market to have a significant growth of CAGR 27.66% based on the values during the forecast period from 2020 to 2030. The North America region is expected to dominate the market by 2030 with a share of 61.43%. The North America region includes the U.S. and Canada, but the U.S. is expected to acquire a major share in 2030 due to the increase in the investment of companies in the country.
The active space debris removal market has gained huge importance in the past few years. This is due to the rising debris threat on space assets. Several government agencies and non-profit organizations and associations have started drafting policies and regulations to prevent companies from increasing the debris objects in the orbit.
Active Space Debris Removal Market - A Global Market and Regional Analysis
Focus on Space Debris Removal Techniques, Mode of Operation, Autonomy, Debris-Size, and Orbit - Analysis and Forecast, 2020-2030
Frequently Asked Questions
Answer - According to BIS Research analysts, the global market for active space debris removal is expected to observe a significant CAGR of 27.66% over the period 2020-2030.
Answer - The increasing amount of space debris, rising investment in space tourism, and strict regulations from international associations are supporting the market growth in the coming years. Furthermore, the increasing risk of future satellite mega-constellations and low market competition have offered significant opportunities to companies investing in the sector.
Answer - The North America region, which includes the U.S. and Canada, is estimated to dominate the global market with an overall share of 61.43% in 2030 due to the increasing investment of companies in the region.
Answer - Due to the high costs associated with R&D of the system and lack of required infrastructure in developing nations, the market faces critical challenges in terms of growth. Additionally, the unexpected COVID-19 outbreak is likely to impact the growth in near future.
Answer - Several leading companies such as Airbus S.A.S., Lockheed Martin Corporation, European Space Agency, ISRO, and Northrop Grumman Corporation, offer products and services in the sector.