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

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Aug 15, 2018, 09:15 ET

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

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

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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SOURCE Research and Markets