On-Orbit Satellite Servicing Market by Service (Active Debris Removal (ADR) and Orbit Adjustment, Robotic Servicing, Refueling, Assembly), End User (Military & Government, Commercial), Orbit, Type and Region - Global Forecast to 2030
On-Orbit Satellite Servicing Market by Service (Active Debris Removal (ADR) and Orbit Adjustment, Robotic Servicing, Refueling, Assembly), End User (Military & Government, Commercial), Orbit, Type and Region - Global Forecast to 2030
Abstract
Increasing use of dedicated satellite servicing mission extension vehicles (MEVs) , increasing investment in the space market and increased demand for satellite life extension are driving the global on-orbit satellite servicing market
The on-orbit satellite servicing market size is projected to grow from USD 2.4 billion in 2023 to USD 5.1 billion by 2030, at a CAGR of 11.5% during the forecast period. The market for on-orbit satellite servicing is driven by various factors, such as increasing demand for more effective, cost efficient satellite services . However, Rapid advancements in satellite technology can lead to the obsolescence of on-orbit satellite services are limiting the overall growth of the market.
” Robotic Servicing: The largest share of the on-orbit satellite servicing market by Service in 2023.”
Robotic servicing systems have become increasingly important for operations in both the lower Earth orbit (LEO) and the geostationary orbit (GEO). In LEO, these systems excel at tasks such as satellite capture, refueling, repair, and upgrades. Similarly, in GEO, they offer valuable services like relocation, refueling, and repair.
One of the major advantages of robotic servicing systems is their ability to tackle tasks that are challenging or impossible for human operators. They can perform repairs in hazardous or inaccessible environments, such as on the outer surfaces of satellites exposed to the harsh conditions of space. Additionally, robots can work continuously without requiring rest or sleep, making them ideal for prolonged, demanding tasks.
Numerous companies and organizations, including SpaceLogistics (US) and Maxar Technologies (UUS), are actively developing robotic servicing capabilities. Their focus lies on advancing technologies like robotic arms, capture mechanisms, and refueling systems to enhance the safety, efficiency, and effectiveness of satellite servicing in orbit.
” Commercial: The largest segment of the on-orbit satellite servicing market by End User in 2023“
The primary advantage of commercial on-orbit satellite servicing is the potential to extend the operational lifetime of commercial satellites, allowing them to provide valuable services and generate revenue for a longer period of time. It can also help reduce the need for costly and risky satellite replacements while enabling operators to upgrade and modify their existing satellites to keep up with technological advancements and market demands.
Overall, the commercial on-orbit satellite servicing market is expected to experience rapid growth as more satellite operators seek to maximize the value and utility of their space assets.
“North America to account for the largest share in the on-orbit satellite servicing market in forecasted year”
The US is a major player in the on-orbit satellite servicing market, with several companies offering innovative solutions for repairing, refueling, maintaining, and upgrading satellites in orbit.
One of the key drivers of the on-orbit satellite servicing market in the US is the increasing number of satellites in orbit, particularly in the commercial sector. As the demand for satellite communication and data services continues to grow, companies are looking for ways to extend the lifespan of their satellites and maximize their operational capabilities. On-orbit servicing provides a cost-effective solution for achieving these goals.
SpaceLogistics LLC is one of the leading companies in the on-orbit satellite servicing market in the US. Its Mission Extension Vehicle (MEV) program provides life-extension services for satellites that are running low on fuel or experiencing other technical issues. The MEV-1 successfully docked with the Intelsat 901 satellite in February 2020, marking a significant milestone in the commercial on-orbit servicing industry.
Break-up of profiles of primary participants in the on-orbit satellite servicing market:
By Company Type: Tier 1 – 77%, Tier 2 – 15%, and Tier 3 – 8% By Designation: C-Level Executives – 79%, Director Level– 15%, and Others – 8% By Region: North America – 9%, Europe – 15%, Asia Pacific – 51%, Middle East & Africa – 16%, Latin America – 9%
Prominent companies in the on-orbit satellite servicing market are Maxar Technologies (US), Astroscale Holdings Inc. (Japan), SpaceLogistics LLC (US), Airbus SE (Netherlands), and Thales Alenia Space (France), among others.
Research Coverage:
The market study covers the on-orbit satellite servicing market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as Service, Orbit, Type, End User and Region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key benefits of buying this report:
This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall on-orbit satellite servicing market and its subsegments. The report covers the entire ecosystem of the on-orbit satellite servicing industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Aging satellite population, Space debris mitigation), restraints (Technological Complexity, Limited demand), opportunities (Cost-effective than launching new satellites, Environmental Sustainability, Collaboration among different stakeholders), and challenges (Rapid advancements in satellite technology can lead to the obsolescence of on-orbit satellite services, Complex Regulatory Environment) influencing the growth of the on-orbit satellite servicing market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the On-orbit satellite servicing market
• Market Development: Comprehensive information about lucrative markets – the report analyses the On-orbit satellite servicing market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the On-orbit satellite servicing market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Maxar Technologies (US), Astroscale Holdings Inc. (Japan), SpaceLogistics LLC (US), Airbus SE (Netherlands), and Thales Alenia Space (France), among others in the On-orbit satellite servicing market
Content
Table of Contents
1INTRODUCTION32
1.1STUDY OBJECTIVES32
1.2MARKET DEFINITION32
1.3INCLUSIONS AND EXCLUSIONS33
TABLE 1INCLUSIONS AND EXCLUSIONS33
1.4MARKET SCOPE33
FIGURE 1ON-ORBIT SATELLITE SERVICING MARKET SEGMENTATION33
1.4.1REGIONAL SCOPE34
1.5YEARS CONSIDERED34
1.6CURRENCY CONSIDERED35
TABLE 2USD EXCHANGE RATES35
1.7STAKEHOLDERS35
2RESEARCH METHODOLOGY36
2.1RESEARCH DATA36
FIGURE 2ON-ORBIT SATELLITE SERVICING MARKET: RESEARCH PROCESS FLOW36
FIGURE 3ON-ORBIT SATELLITE SERVICING MARKET: RESEARCH DESIGN37
2.1.1SECONDARY DATA37
2.1.1.1Secondary sources38
FIGURE 4KEY DATA FROM SECONDARY SOURCES38
2.1.2PRIMARY DATA38
2.1.2.1Key data from primary sources38
FIGURE 5KEY DATA FROM PRIMARY SOURCES39
2.1.2.2Breakdown of primary interviews39
2.2FACTOR ANALYSIS40
2.2.1DEMAND-SIDE INDICATORS40
2.2.2SUPPLY-SIDE INDICATORS40
2.2.3RECESSION IMPACT ANALYSIS40
2.3RESEARCH APPROACH AND METHODOLOGY41
2.3.1BOTTOM-UP APPROACH41
TABLE 3MARKET SIZE ESTIMATION AND METHODOLOGY41
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH41
2.3.1.1Regional split of on-orbit satellite servicing market42
2.3.2TOP-DOWN APPROACH42
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH42
2.4DATA TRIANGULATION43
FIGURE 8ON-ORBIT SATELLITE SERVICING MARKET: DATA TRIANGULATION43
2.5RESEARCH ASSUMPTIONS44
2.6RESEARCH LIMITATIONS44
3EXECUTIVE SUMMARY45
FIGURE 9COMMERCIAL SEGMENT TO DOMINATE ON-ORBIT SATELLITE SERVICING MARKET DURING FORECAST PERIOD45
FIGURE 10SMALL SATELLITES (< 500 KG) SEGMENT TO LEAD ON-ORBIT SATELLITE SERVICING MARKET DURING FORECAST PERIOD46
FIGURE 11ROBOTIC SERVICING SEGMENT TO LEAD ON-ORBIT SATELLITE SERVICING MARKET DURING FORECAST PERIOD46
FIGURE 12NORTH AMERICA TO DOMINATE ON-ORBIT SATELLITE SERVICING MARKET IN 202347
4PREMIUM INSIGHTS48
4.1ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN ON-ORBIT SATELLITE SERVICING MARKET48
FIGURE 13GROWING PROBLEM OF SPACE DEBRIS TO DRIVE DEMAND FOR ON-ORBIT SATELLITE SERVICING48
4.2ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE48
FIGURE 14ACTIVE DEBRIS REMOVAL (ADR) AND ORBIT ADJUSTMENT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD48
4.3ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT49
FIGURE 15LOW EARTH ORBIT (LEO) SEGMENT TO DOMINATE MARKET FROM 2023 TO 203049
4.4ON-ORBIT SATELLITE SERVICING MARKET, BY END USER49
FIGURE 16COMMERCIAL SEGMENT TO DOMINATE MARKET FROM 2023 TO 203049
4.5ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY50
FIGURE 17FRANCE TO BE FASTEST-GROWING MARKET FROM 2023 TO 203050
5MARKET OVERVIEW51
5.1INTRODUCTION51
5.2TECHNOLOGY EVOLUTION OF ON-ORBIT SATELLITE SERVICING MARKET51
FIGURE 18TECHNOLOGY EVOLUTION ROADMAP51
5.3MARKET DYNAMICS52
FIGURE 19DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ON-ORBIT SATELLITE SERVICING MARKET52
5.3.1DRIVERS52
5.3.1.1Aging satellite population52
FIGURE 20CUBESATS MISSION (UNITS) BEYOND LEO, 2018-202553
5.3.1.2Space debris mitigation53
5.3.2RESTRAINTS54
5.3.2.1Technological complexity54
5.3.2.2Limited demand54
5.3.3OPPORTUNITIES54
5.3.3.1More cost-effective than satellite launches54
5.3.3.2Environmental sustainability55
5.3.3.3Collaboration among different stakeholders55
5.3.4CHALLENGES56
5.3.4.1Rapid advancement in satellite technology to challenge market growth56
5.3.4.2Complex regulatory environment57
5.4VALUE CHAIN ANALYSIS58
FIGURE 21ON-ORBIT SATELLITE SERVICING MARKET: VALUE CHAIN ANALYSIS58
5.5RECESSION IMPACT ANALYSIS59
5.6TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS60
5.6.1REVENUE SHIFT AND NEW REVENUE POCKETS FOR ON-ORBIT SATELLITE SYSTEM MANUFACTURERS60
FIGURE 22REVENUE SHIFT IN ON-ORBIT SATELLITE SERVICING MARKET60
5.7ECOSYSTEM ANALYSIS60
5.7.1PROMINENT COMPANIES60
5.7.2PRIVATE ON-ORBIT ENTERPRISES60
5.7.3MILITARY FORCES61
FIGURE 23ON-ORBIT SATELLITE SERVICING MARKET: ECOSYSTEM ANALYSIS61
TABLE 4ON-ORBIT SATELLITE SERVICING MARKET: ROLE IN ECOSYSTEM61
5.8PRICING ANALYSIS62
5.8.1AVERAGE SELLING PRICE62
TABLE 5AVERAGE SELLING PRICE OF ON-ORBIT SATELLITE SERVICES62
5.9VOLUME DATA63
TABLE 6ON-ORBIT SATELLITE SERVICING MARKET, SATELLITE VOLUME DATA (IN UNITS), 2019-203063
5.10PORTER'S FIVE FORCES ANALYSIS63
TABLE 7ON-ORBIT SATELLITE SERVICES: IMPACT OF PORTER'S FIVE FORCES64
5.10.1THREAT OF NEW ENTRANTS64
5.10.2THREAT OF SUBSTITUTES64
5.10.3BARGAINING POWER OF SUPPLIERS65
5.10.4BARGAINING POWER OF BUYERS65
5.10.5INTENSITY OF COMPETITIVE RIVALRY65
5.11TARIFF AND REGULATORY LANDSCAPE66
5.11.1NORTH AMERICA66
TABLE 8NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES66
5.11.2EUROPE67
TABLE 9EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES67
5.11.3ASIA PACIFIC68
TABLE 10ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES68
5.11.4REST OF THE WORLD68
TABLE 11REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES68
5.12TRADE ANALYSIS69
TABLE 12ON-ORBIT SATELLITE SERVICING MARKET: COUNTRY-WISE IMPORTS, 2019–2021 (USD THOUSAND)69
TABLE 13ON-ORBIT SATELLITE SERVICING MARKET: COUNTRY-WISE EXPORTS, 2019–2021 (USD THOUSAND)69
5.13KEY STAKEHOLDERS AND BUYING CRITERIA70
5.13.1KEY STAKEHOLDERS IN BUYING PROCESS70
FIGURE 24INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS IN ON-ORBIT SATELLITE SERVICING MARKET70
TABLE 14INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%)70
5.13.2BUYING CRITERIA71
FIGURE 25KEY BUYING CRITERIA FOR TOP 3 ON-ORBIT SATELLITE SERVICES71
TABLE 15KEY BUYING CRITERIA FOR TOP 3 ON-ORBIT SATELLITE SERVICES71
5.14KEY CONFERENCES AND EVENTS, 2023–202472
TABLE 16ON-ORBIT SATELLITE SERVICING MARKET: KEY CONFERENCES AND EVENTS72
5.15TECHNOLOGY ANALYSIS72
5.15.1KEY TECHNOLOGY72
5.15.1.1High-throughput satellites (HTS)72
5.15.1.2Autonomous satellite operations73
5.15.1.3Miniaturization in space technology73
6INDUSTRY TRENDS74
6.1INTRODUCTION74
6.2TECHNOLOGY TRENDS74
6.2.1AUTONOMOUS ROBOTS TO PROVIDE ON-ORBIT SATELLITE SERVICES74
6.2.2ON-ORBIT MANUFACTURING75
6.2.3AUTONOMOUS SPACECRAFT OPERATIONS75
6.2.4DEVELOPMENT OF DEDICATED SERVICE AIRCRAFT76
6.2.53D PRINTING OF SATELLITE EQUIPMENT76
6.3CASE STUDY ANALYSIS77
6.3.1MISSION EXTENSION VEHICLE77
TABLE 17MISSION EXTENSION VEHICLE77
6.3.2SATELLITE REFUELING77
TABLE 18SATELLITE REFUELING77
6.4PATENT ANALYSIS78
TABLE 19INNOVATIONS AND PATENT REGISTRATIONS, 2020-202278
6.5IMPACT OF MEGATRENDS79
6.5.1RISE OF SMALL SATELLITES79
6.5.2ADVANCEMENTS IN SATELLITE TECHNOLOGY80
6.5.3SHIFT IN GLOBAL ECONOMIC POWER81
7ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE82
7.1INTRODUCTION83
FIGURE 26LARGE SATELLITES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD83
TABLE 20ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)83
TABLE 21ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)83
7.2SMALL SATELLITES (< 500 KG)84
7.2.1SMALLER AND LESS EXPENSIVE THAN TRADITIONAL LARGER SATELLITES84
7.3MEDIUM SATELLITES (501–1000 KG)84
7.3.1DESIGNED TO ACCOMMODATE MORE COMPLEX PAYLOADS AND INSTRUMENTS THAN SMALL SATELLITES84
7.4LARGE SATELLITES (>1000 KG)85
7.4.1VULNERABLE TO FAILURES OR MALFUNCTIONS DUE TO HIGHER NUMBER OF SUBSYSTEMS85
8ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE86
8.1INTRODUCTION87
FIGURE 27ACTIVE DEBRIS REMOVAL (ADR) AND ORBIT ADJUSTMENT TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD87
TABLE 22ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE, 2019–2022 (USD MILLION)87
TABLE 23ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE, 2023–2030 (USD MILLION)88
8.2ACTIVE DEBRIS REMOVAL (ADR) AND ORBIT ADJUSTMENT88
8.2.1USED TO CAPTURE AND REMOVE SPACE DEBRIS FROM ORBIT88
8.3ROBOTIC SERVICING89
8.3.1USED IN BOTH LOWER EARTH ORBIT AND GEOSTATIONARY ORBIT89
8.4REFUELING89
8.4.1INVOLVES USE OF ROBOTIC ARMS AND FLUID TRANSFER SYSTEMS TO TRANSFER FUEL TO SATELLITE SAFELY AND EFFICIENTLY89
8.5ASSEMBLY90
8.5.1ALLOWS SATELLITES TO BE BUILT AND LAUNCHED IN MODULAR PIECES90
9ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT91
9.1INTRODUCTION92
FIGURE 28LOW EARTH ORBIT (LEO) SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD92
TABLE 24ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT, 2019–2022 (USD MILLION)92
TABLE 25ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT, 2023–2030 (USD MILLION)93
9.2LOW EARTH ORBIT (LEO)93
9.2.1INCREASING NUMBER OF SATELLITES LAUNCHED INTO LEO93
9.3MEDIUM EARTH ORBIT (MEO)94
9.3.1EXTENSIVELY UTILIZED BY SATELLITE NAVIGATION SYSTEMS94
9.4GEOSTATIONARY EARTH ORBIT (GEO)94
9.4.1CONTRIBUTES TO LONG-TERM SUSTAINABILITY OF SPACE OPERATIONS BY REDUCING SPACE DEBRIS94
10ON-ORBIT SATELLITE SERVICING MARKET, BY END USER96
10.1INTRODUCTION97
FIGURE 29COMMERCIAL SEGMENT TO BE FASTEST-GROWING END USER OF ON-ORBIT SATELLITE SERVICING DURING FORECAST PERIOD97
TABLE 26ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)97
TABLE 27ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)97
10.2MILITARY & GOVERNMENT98
10.2.1ON-ORBIT SATELLITE SERVICING TO PERFORM CRITICAL MAINTENANCE AND REPAIRS ON MILITARY SATELLITES AND SUPPORT SCIENTIFIC MISSIONS98
10.3COMMERCIAL98
10.3.1ON-ORBIT SATELLITE SERVICING TO EXTEND OPERATIONAL LIFETIME OF COMMERCIAL SATELLITES98
11ON-ORBIT SATELLITE SERVICING MARKET, BY REGION99
11.1INTRODUCTION100
FIGURE 30NORTH AMERICA TO DOMINATE ON-ORBIT SATELLITE SERVICING MARKET IN 2023100
TABLE 28ON-ORBIT SATELLITE SERVICING MARKET, BY REGION, 2019–2022 (USD MILLION)101
TABLE 29ON-ORBIT SATELLITE SERVICING MARKET, BY REGION, 2023–2030 (USD MILLION)101
11.2REGIONAL RECESSION IMPACT ANALYSIS101
FIGURE 31GLOBAL PESSIMISTIC AND REALISTIC VIEW DUE TO RECESSION IMPACT101
TABLE 30REGIONAL RECESSION IMPACT ANALYSIS102
11.3NORTH AMERICA103
11.3.1PESTLE ANALYSIS: NORTH AMERICA103
FIGURE 32NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET SNAPSHOT105
TABLE 31NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)105
TABLE 32NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)106
TABLE 33NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)106
TABLE 34NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)106
TABLE 35NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)106
TABLE 36NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)107
11.3.2US107
11.3.2.1New technologies and business models to make it easier and cost-effective to service satellites107
TABLE 37US: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)107
TABLE 38US: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)108
TABLE 39US: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)108
TABLE 40US: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)108
11.3.3CANADA109
11.3.3.1Expertise in robotics and automation109
TABLE 41CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)109
TABLE 42CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)109
TABLE 43CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)110
TABLE 44CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)110
11.4EUROPE110
11.4.1PESTLE ANALYSIS: EUROPE111
FIGURE 33EUROPE: ON-ORBIT SATELLITE SERVICING MARKET SNAPSHOT112
TABLE 45EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)112
TABLE 46EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)113
TABLE 47EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)113
TABLE 48EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)113
TABLE 49EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)114
TABLE 50EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)114
11.4.2UK114
11.4.2.1Actively investing in on-orbit satellite servicing technology114
TABLE 51UK: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)115
TABLE 52UK: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)115
TABLE 53UK: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)115
TABLE 54UK: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)115
11.4.3GERMANY116
11.4.3.1Several projects funded by German Aerospace Center116
TABLE 55GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)116
TABLE 56GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)116
TABLE 57GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)117
TABLE 58GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)117
11.4.4RUSSIA117
11.4.4.1Many ongoing satellite servicing projects117
TABLE 59RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)118
TABLE 60RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)118
TABLE 61RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)118
TABLE 62RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)118
11.4.5ITALY119
11.4.5.1Growing fleet of old satellites119
TABLE 63ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)119
TABLE 64ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)119
TABLE 65ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)120
TABLE 66ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)120
11.4.6FRANCE120
11.4.6.1Heavy investment in R&D by CNES120
TABLE 67FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)121
TABLE 68FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)121
TABLE 69FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)121
TABLE 70FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)121
11.4.7REST OF EUROPE122
TABLE 71REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)122
TABLE 72REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)122
TABLE 73REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)123
TABLE 74REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)123
11.5ASIA PACIFIC123
11.5.1PESTLE ANALYSIS: ASIA PACIFIC124
FIGURE 34ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET SNAPSHOT125
TABLE 75ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)125
TABLE 76ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030(USD MILLION)126
TABLE 77ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)126
TABLE 78ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)126
TABLE 79ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)127
TABLE 80ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)127
11.5.2CHINA127
11.5.2.1Major country-level satellite servicing market globally127
TABLE 81CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)128
TABLE 82CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)128
TABLE 83CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)128
TABLE 84CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)128
11.5.3INDIA129
11.5.3.1Strong technology capabilities and growing private sector involvement129
TABLE 85INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)129
TABLE 86INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)129
TABLE 87INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)130
TABLE 88INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)130
11.5.4JAPAN130
11.5.4.1Establishment of Space Industry Vision 2025 program130
TABLE 89JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)131
TABLE 90JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)131
TABLE 91JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)131
TABLE 92JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)131
11.5.5AUSTRALIA132
11.5.5.1Government actively promoting development of space industry132
TABLE 93AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)132
TABLE 94AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)132
TABLE 95AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)133
TABLE 96AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)133
11.5.6SOUTH KOREA133
11.5.6.1Launched several experimental satellites to test on-orbit servicing technologies133
TABLE 97SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)134
TABLE 98SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)134
TABLE 99SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)134
TABLE 100SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)134
11.5.7REST OF ASIA PACIFIC135
TABLE 101REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)135
TABLE 102REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)135
TABLE 103REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)136
TABLE 104REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)136
11.6MIDDLE EAST & AFRICA136
11.6.1PESTLE ANALYSIS: MIDDLE EAST & AFRICA136
TABLE 105MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)137
TABLE 106MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)138
TABLE 107MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)138
TABLE 108MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)138
TABLE 109MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)138
TABLE 110MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)139
11.6.2IRAN139
11.6.2.1Challenges in accessing latest technologies and equipment due to international sanctions139
TABLE 111IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)139
TABLE 112IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)140
TABLE 113IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)140
TABLE 114IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)140
11.6.3ISRAEL140
11.6.3.1Supportive government and thriving startup ecosystem140
TABLE 115ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)141
TABLE 116ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)141
TABLE 117ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)141
TABLE 118ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)142
11.6.4UAE142
11.6.4.1Government investing heavily in development of space programs142
TABLE 119UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)142
TABLE 120UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)143
TABLE 121UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)143
TABLE 122UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)143
11.6.5SOUTH AFRICA143
11.6.5.1Development of space-related technologies143
TABLE 123SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)144
TABLE 124SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)144
TABLE 125SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)144
TABLE 126SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)145
11.7LATIN AMERICA145
11.7.1PESTLE ANALYSIS: LATIN AMERICA145
TABLE 127LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)146
TABLE 128LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)146
TABLE 129LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)146
TABLE 130LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)147
TABLE 131LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)147
TABLE 132LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)147
11.7.2BRAZIL147
11.7.2.1Development of space-related technologies and services147
TABLE 133BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)148
TABLE 134BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)148
TABLE 135BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)148
TABLE 136BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)149
11.7.3MEXICO149
11.7.3.1Initiative to develop technologies for space debris mitigation and on-orbit servicing149
TABLE 137MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)149
TABLE 138MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)150
TABLE 139MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)150
TABLE 140MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)150
11.7.4ARGENTINA151
11.7.4.1Government initiatives to develop on-orbit satellite servicing capabilities151
TABLE 141ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)151
TABLE 142ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)151
TABLE 143ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)151
TABLE 144ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)152
12COMPETITIVE LANDSCAPE153
12.1INTRODUCTION153
12.2COMPETITIVE OVERVIEW153
12.2.1KEY DEVELOPMENTS OF LEADING PLAYERS IN ON-ORBIT SATELLITE SERVICING MARKET (2020–2022)153
TABLE 145KEY DEVELOPMENTS OF LEADING PLAYERS: ON-ORBIT SATELLITE SERVICING MARKET153
12.3RANKING ANALYSIS OF KEY MARKET PLAYERS, 2022155
FIGURE 35RANKING ANALYSIS OF TOP 5 PLAYERS IN ON-ORBIT SATELLITE SERVICING MARKET, 2022155
12.4REVENUE ANALYSIS OF KEY PLAYERS, 2022156
FIGURE 36ON-ORBIT SATELLITE SERVICING MARKET: REVENUE ANALYSIS OF TOP 5 PLAYERS (2020–2022)156
12.5MARKET SHARE ANALYSIS, 2022157
FIGURE 37MARKET SHARE ANALYSIS OF KEY COMPANIES, 2022157
TABLE 146ON-ORBIT SATELLITE SERVICING MARKET: DEGREE OF COMPETITION157
12.6COMPANY EVALUATION QUADRANT158
12.6.1STARS158
12.6.2EMERGING LEADERS158
12.6.3PERVASIVE PLAYERS158
12.6.4PARTICIPANT COMPANIES158
FIGURE 38ON-ORBIT SATELLITE SERVICING MARKET: COMPETITIVE LEADERSHIP MAPPING OF KEY PLAYERS, 2022159
12.6.5COMPETITIVE BENCHMARKING160
TABLE 147ON-ORBIT SATELLITE SERVICING MARKET: COMPETITIVE BENCHMARKING160
12.7STARTUP/SME EVALUATION QUADRANT161
12.7.1PROGRESSIVE COMPANIES161
12.7.2RESPONSIVE COMPANIES161
12.7.3STARTING BLOCKS161
12.7.4DYNAMIC COMPANIES161
FIGURE 39ON-ORBIT SATELLITE SERVICING MARKET: COMPETITIVE LEADERSHIP MAPPING OF STARTUPS/SMES, 2022162
TABLE 148ON-ORBIT SATELLITE SERVICING MARKET: LIST OF KEY STARTUPS/SMES163
12.8COMPETITIVE SCENARIO164
12.8.1NEW PRODUCT LAUNCHES164
12.8.2DEALS164
TABLE 149DEALS, 2019–2023164
13COMPANY PROFILES165
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
13.1INTRODUCTION165
13.2KEY PLAYERS165
13.2.1MAXAR TECHNOLOGIES165
TABLE 150MAXAR TECHNOLOGIES: COMPANY OVERVIEW166
FIGURE 40MAXAR TECHNOLOGIES: COMPANY SNAPSHOT166
TABLE 151MAXAR TECHNOLOGIES: SERVICES OFFERED167
13.2.2ASTROSCALE HOLDINGS INC.169
TABLE 152ASTROSCALE HOLDINGS INC.: COMPANY OVERVIEW169
TABLE 153ASTROSCALE HOLDINGS INC.: SERVICES OFFERED169
TABLE 154ASTROSCALE HOLDINGS INC.: DEALS170
13.2.3SPACELOGISTICS LLC172
TABLE 155SPACELOGISTICS LLC: COMPANY OVERVIEW172
TABLE 156SPACELOGISTICS LLC: SERVICES OFFERED172
TABLE 157SPACELOGISTICS LLC: DEALS173
13.2.4AIRBUS SE174
TABLE 158AIRBUS SE: COMPANY OVERVIEW174
FIGURE 41AIRBUS SE: COMPANY SNAPSHOT175
TABLE 159AIRBUS SE: SERVICES OFFERED175
13.2.5THALES ALENIA SPACE177
TABLE 160THALES ALENIA SPACE: COMPANY OVERVIEW177
TABLE 161THALES ALENIA SPACE: SERVICES OFFERED177
TABLE 162THALES ALENIA SPACE: DEALS178
13.2.6TETHERS UNLIMITED, INC.179
TABLE 163TETHERS UNLIMITED, INC.: COMPANY OVERVIEW179
TABLE 164TETHERS UNLIMITED, INC.: SERVICES OFFERED179
13.2.7ALTIUS SPACE MACHINES, INC.180
TABLE 165ALTIUS SPACE MACHINES, INC.: COMPANY OVERVIEW180
TABLE 166ALTIUS SPACE MACHINES, INC.: SERVICES OFFERED180
TABLE 167ALTIUS SPACE MACHINES, INC.: DEALS181
13.2.8ORBIT FAB, INC.182
TABLE 168ORBIT FAB, INC.: COMPANY OVERVIEW182
TABLE 169ORBIT FAB, INC.: SERVICES OFFERED182
TABLE 170ORBIT FAB, INC.: DEALS183
13.2.9MOMENTUS, INC.184
TABLE 171MOMENTUS, INC.: COMPANY OVERVIEW184
FIGURE 42MOMENTUS, INC.: COMPANY SNAPSHOT184
TABLE 172MOMENTUS, INC.: SERVICES OFFERED185
13.2.10CLEARSPACE186
TABLE 173CLEARSPACE: COMPANY OVERVIEW186
TABLE 174CLEARSPACE: SERVICES OFFERED186
TABLE 175CLEARSPACE: DEALS187
13.2.11ATOMOS SPACE188
TABLE 176ATOMOS SPACE: COMPANY OVERVIEW188
TABLE 177ATOMOS SPACE: SERVICES188
TABLE 178ATOMOS SPACE: DEALS189
13.2.12ROGUE SPACE SYSTEMS190
TABLE 179ROGUE SPACE SYSTEMS: COMPANY OVERVIEW190
TABLE 180ROGUE SPACE SYSTEMS: SERVICES OFFERED190
13.2.13STARFISH SPACE191
TABLE 181STARFISH SPACE: COMPANY OVERVIEW191
TABLE 182STARFISH SPACE: SERVICES OFFERED191
13.2.14D-ORBIT192
TABLE 183D-ORBIT: COMPANY OVERVIEW192
TABLE 184D-ORBIT: SERVICES OFFERED192
13.2.15TURION SPACE193
TABLE 185TURION SPACE: COMPANY OVERVIEW193
TABLE 186TURION SPACE: SERVICES OFFERED193
13.3OTHER PLAYERS194
13.3.1OBRUTA SPACE SOLUTIONS CORP194
TABLE 187OBRUTA SPACE SOLUTIONS CORP: COMPANY OVERVIEW194
13.3.2LÚNASA LTD.194
TABLE 188LÚNASA LTD.: COMPANY OVERVIEW194
13.3.3INFINITE ORBITS195
TABLE 189INFINITE ORBITS: COMPANY OVERVIEW195
13.3.4HYORISTIC INNOVATIONS195
TABLE 190HYORISTIC INNOVATIONS: COMPANY OVERVIEW195
13.3.5ORBITAID AEROSPACE PRIVATE LIMITED196
TABLE 191ORBITAID AEROSPACE PRIVATE LIMITED: COMPANY OVERVIEW196
13.3.6FUTURE SPACE INDUSTRIES196
TABLE 192FUTURE SPACE INDUSTRIES: COMPANY OVERVIEW196
13.3.7HIGH EARTH ORBIT ROBOTICS197
TABLE 193HIGH EARTH ORBIT ROBOTICS: COMPANY OVERVIEW197
13.3.8SPACE MACHINES COMPANY PTY LTD197
TABLE 194SPACE MACHINES COMPANY PTY LTD: COMPANY OVERVIEW197
13.3.9ORION AST198
TABLE 195ORION AST: COMPANY OVERVIEW198
13.3.10SCOUT AEROSPACE LLC198
TABLE 196SCOUT AEROSPACE LLC: COMPANY OVERVIEW198
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14APPENDIX199
14.1DISCUSSION GUIDE199
14.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL203
14.3CUSTOMIZATION OPTIONS205
14.4RELATED REPORTS205
14.5AUTHOR DETAILS206
The on-orbit satellite servicing market size is projected to grow from USD 2.4 billion in 2023 to USD 5.1 billion by 2030, at a CAGR of 11.5% during the forecast period. The market for on-orbit satellite servicing is driven by various factors, such as increasing demand for more effective, cost efficient satellite services . However, Rapid advancements in satellite technology can lead to the obsolescence of on-orbit satellite services are limiting the overall growth of the market.
” Robotic Servicing: The largest share of the on-orbit satellite servicing market by Service in 2023.”
Robotic servicing systems have become increasingly important for operations in both the lower Earth orbit (LEO) and the geostationary orbit (GEO). In LEO, these systems excel at tasks such as satellite capture, refueling, repair, and upgrades. Similarly, in GEO, they offer valuable services like relocation, refueling, and repair.
One of the major advantages of robotic servicing systems is their ability to tackle tasks that are challenging or impossible for human operators. They can perform repairs in hazardous or inaccessible environments, such as on the outer surfaces of satellites exposed to the harsh conditions of space. Additionally, robots can work continuously without requiring rest or sleep, making them ideal for prolonged, demanding tasks.
Numerous companies and organizations, including SpaceLogistics (US) and Maxar Technologies (UUS), are actively developing robotic servicing capabilities. Their focus lies on advancing technologies like robotic arms, capture mechanisms, and refueling systems to enhance the safety, efficiency, and effectiveness of satellite servicing in orbit.
” Commercial: The largest segment of the on-orbit satellite servicing market by End User in 2023“
The primary advantage of commercial on-orbit satellite servicing is the potential to extend the operational lifetime of commercial satellites, allowing them to provide valuable services and generate revenue for a longer period of time. It can also help reduce the need for costly and risky satellite replacements while enabling operators to upgrade and modify their existing satellites to keep up with technological advancements and market demands.
Overall, the commercial on-orbit satellite servicing market is expected to experience rapid growth as more satellite operators seek to maximize the value and utility of their space assets.
“North America to account for the largest share in the on-orbit satellite servicing market in forecasted year”
The US is a major player in the on-orbit satellite servicing market, with several companies offering innovative solutions for repairing, refueling, maintaining, and upgrading satellites in orbit.
One of the key drivers of the on-orbit satellite servicing market in the US is the increasing number of satellites in orbit, particularly in the commercial sector. As the demand for satellite communication and data services continues to grow, companies are looking for ways to extend the lifespan of their satellites and maximize their operational capabilities. On-orbit servicing provides a cost-effective solution for achieving these goals.
SpaceLogistics LLC is one of the leading companies in the on-orbit satellite servicing market in the US. Its Mission Extension Vehicle (MEV) program provides life-extension services for satellites that are running low on fuel or experiencing other technical issues. The MEV-1 successfully docked with the Intelsat 901 satellite in February 2020, marking a significant milestone in the commercial on-orbit servicing industry.
Break-up of profiles of primary participants in the on-orbit satellite servicing market:
By Company Type: Tier 1 – 77%, Tier 2 – 15%, and Tier 3 – 8% By Designation: C-Level Executives – 79%, Director Level– 15%, and Others – 8% By Region: North America – 9%, Europe – 15%, Asia Pacific – 51%, Middle East & Africa – 16%, Latin America – 9%
Prominent companies in the on-orbit satellite servicing market are Maxar Technologies (US), Astroscale Holdings Inc. (Japan), SpaceLogistics LLC (US), Airbus SE (Netherlands), and Thales Alenia Space (France), among others.
Research Coverage:
The market study covers the on-orbit satellite servicing market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as Service, Orbit, Type, End User and Region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key benefits of buying this report:
This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall on-orbit satellite servicing market and its subsegments. The report covers the entire ecosystem of the on-orbit satellite servicing industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Aging satellite population, Space debris mitigation), restraints (Technological Complexity, Limited demand), opportunities (Cost-effective than launching new satellites, Environmental Sustainability, Collaboration among different stakeholders), and challenges (Rapid advancements in satellite technology can lead to the obsolescence of on-orbit satellite services, Complex Regulatory Environment) influencing the growth of the on-orbit satellite servicing market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the On-orbit satellite servicing market
• Market Development: Comprehensive information about lucrative markets – the report analyses the On-orbit satellite servicing market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the On-orbit satellite servicing market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Maxar Technologies (US), Astroscale Holdings Inc. (Japan), SpaceLogistics LLC (US), Airbus SE (Netherlands), and Thales Alenia Space (France), among others in the On-orbit satellite servicing market
1INTRODUCTION32
1.1STUDY OBJECTIVES32
1.2MARKET DEFINITION32
1.3INCLUSIONS AND EXCLUSIONS33
TABLE 1INCLUSIONS AND EXCLUSIONS33
1.4MARKET SCOPE33
FIGURE 1ON-ORBIT SATELLITE SERVICING MARKET SEGMENTATION33
1.4.1REGIONAL SCOPE34
1.5YEARS CONSIDERED34
1.6CURRENCY CONSIDERED35
TABLE 2USD EXCHANGE RATES35
1.7STAKEHOLDERS35
2RESEARCH METHODOLOGY36
2.1RESEARCH DATA36
FIGURE 2ON-ORBIT SATELLITE SERVICING MARKET: RESEARCH PROCESS FLOW36
FIGURE 3ON-ORBIT SATELLITE SERVICING MARKET: RESEARCH DESIGN37
2.1.1SECONDARY DATA37
2.1.1.1Secondary sources38
FIGURE 4KEY DATA FROM SECONDARY SOURCES38
2.1.2PRIMARY DATA38
2.1.2.1Key data from primary sources38
FIGURE 5KEY DATA FROM PRIMARY SOURCES39
2.1.2.2Breakdown of primary interviews39
2.2FACTOR ANALYSIS40
2.2.1DEMAND-SIDE INDICATORS40
2.2.2SUPPLY-SIDE INDICATORS40
2.2.3RECESSION IMPACT ANALYSIS40
2.3RESEARCH APPROACH AND METHODOLOGY41
2.3.1BOTTOM-UP APPROACH41
TABLE 3MARKET SIZE ESTIMATION AND METHODOLOGY41
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH41
2.3.1.1Regional split of on-orbit satellite servicing market42
2.3.2TOP-DOWN APPROACH42
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH42
2.4DATA TRIANGULATION43
FIGURE 8ON-ORBIT SATELLITE SERVICING MARKET: DATA TRIANGULATION43
2.5RESEARCH ASSUMPTIONS44
2.6RESEARCH LIMITATIONS44
3EXECUTIVE SUMMARY45
FIGURE 9COMMERCIAL SEGMENT TO DOMINATE ON-ORBIT SATELLITE SERVICING MARKET DURING FORECAST PERIOD45
FIGURE 10SMALL SATELLITES (< 500 KG) SEGMENT TO LEAD ON-ORBIT SATELLITE SERVICING MARKET DURING FORECAST PERIOD46
FIGURE 11ROBOTIC SERVICING SEGMENT TO LEAD ON-ORBIT SATELLITE SERVICING MARKET DURING FORECAST PERIOD46
FIGURE 12NORTH AMERICA TO DOMINATE ON-ORBIT SATELLITE SERVICING MARKET IN 202347
4PREMIUM INSIGHTS48
4.1ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN ON-ORBIT SATELLITE SERVICING MARKET48
FIGURE 13GROWING PROBLEM OF SPACE DEBRIS TO DRIVE DEMAND FOR ON-ORBIT SATELLITE SERVICING48
4.2ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE48
FIGURE 14ACTIVE DEBRIS REMOVAL (ADR) AND ORBIT ADJUSTMENT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD48
4.3ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT49
FIGURE 15LOW EARTH ORBIT (LEO) SEGMENT TO DOMINATE MARKET FROM 2023 TO 203049
4.4ON-ORBIT SATELLITE SERVICING MARKET, BY END USER49
FIGURE 16COMMERCIAL SEGMENT TO DOMINATE MARKET FROM 2023 TO 203049
4.5ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY50
FIGURE 17FRANCE TO BE FASTEST-GROWING MARKET FROM 2023 TO 203050
5MARKET OVERVIEW51
5.1INTRODUCTION51
5.2TECHNOLOGY EVOLUTION OF ON-ORBIT SATELLITE SERVICING MARKET51
FIGURE 18TECHNOLOGY EVOLUTION ROADMAP51
5.3MARKET DYNAMICS52
FIGURE 19DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ON-ORBIT SATELLITE SERVICING MARKET52
5.3.1DRIVERS52
5.3.1.1Aging satellite population52
FIGURE 20CUBESATS MISSION (UNITS) BEYOND LEO, 2018-202553
5.3.1.2Space debris mitigation53
5.3.2RESTRAINTS54
5.3.2.1Technological complexity54
5.3.2.2Limited demand54
5.3.3OPPORTUNITIES54
5.3.3.1More cost-effective than satellite launches54
5.3.3.2Environmental sustainability55
5.3.3.3Collaboration among different stakeholders55
5.3.4CHALLENGES56
5.3.4.1Rapid advancement in satellite technology to challenge market growth56
5.3.4.2Complex regulatory environment57
5.4VALUE CHAIN ANALYSIS58
FIGURE 21ON-ORBIT SATELLITE SERVICING MARKET: VALUE CHAIN ANALYSIS58
5.5RECESSION IMPACT ANALYSIS59
5.6TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS60
5.6.1REVENUE SHIFT AND NEW REVENUE POCKETS FOR ON-ORBIT SATELLITE SYSTEM MANUFACTURERS60
FIGURE 22REVENUE SHIFT IN ON-ORBIT SATELLITE SERVICING MARKET60
5.7ECOSYSTEM ANALYSIS60
5.7.1PROMINENT COMPANIES60
5.7.2PRIVATE ON-ORBIT ENTERPRISES60
5.7.3MILITARY FORCES61
FIGURE 23ON-ORBIT SATELLITE SERVICING MARKET: ECOSYSTEM ANALYSIS61
TABLE 4ON-ORBIT SATELLITE SERVICING MARKET: ROLE IN ECOSYSTEM61
5.8PRICING ANALYSIS62
5.8.1AVERAGE SELLING PRICE62
TABLE 5AVERAGE SELLING PRICE OF ON-ORBIT SATELLITE SERVICES62
5.9VOLUME DATA63
TABLE 6ON-ORBIT SATELLITE SERVICING MARKET, SATELLITE VOLUME DATA (IN UNITS), 2019-203063
5.10PORTER'S FIVE FORCES ANALYSIS63
TABLE 7ON-ORBIT SATELLITE SERVICES: IMPACT OF PORTER'S FIVE FORCES64
5.10.1THREAT OF NEW ENTRANTS64
5.10.2THREAT OF SUBSTITUTES64
5.10.3BARGAINING POWER OF SUPPLIERS65
5.10.4BARGAINING POWER OF BUYERS65
5.10.5INTENSITY OF COMPETITIVE RIVALRY65
5.11TARIFF AND REGULATORY LANDSCAPE66
5.11.1NORTH AMERICA66
TABLE 8NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES66
5.11.2EUROPE67
TABLE 9EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES67
5.11.3ASIA PACIFIC68
TABLE 10ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES68
5.11.4REST OF THE WORLD68
TABLE 11REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES68
5.12TRADE ANALYSIS69
TABLE 12ON-ORBIT SATELLITE SERVICING MARKET: COUNTRY-WISE IMPORTS, 2019–2021 (USD THOUSAND)69
TABLE 13ON-ORBIT SATELLITE SERVICING MARKET: COUNTRY-WISE EXPORTS, 2019–2021 (USD THOUSAND)69
5.13KEY STAKEHOLDERS AND BUYING CRITERIA70
5.13.1KEY STAKEHOLDERS IN BUYING PROCESS70
FIGURE 24INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS IN ON-ORBIT SATELLITE SERVICING MARKET70
TABLE 14INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%)70
5.13.2BUYING CRITERIA71
FIGURE 25KEY BUYING CRITERIA FOR TOP 3 ON-ORBIT SATELLITE SERVICES71
TABLE 15KEY BUYING CRITERIA FOR TOP 3 ON-ORBIT SATELLITE SERVICES71
5.14KEY CONFERENCES AND EVENTS, 2023–202472
TABLE 16ON-ORBIT SATELLITE SERVICING MARKET: KEY CONFERENCES AND EVENTS72
5.15TECHNOLOGY ANALYSIS72
5.15.1KEY TECHNOLOGY72
5.15.1.1High-throughput satellites (HTS)72
5.15.1.2Autonomous satellite operations73
5.15.1.3Miniaturization in space technology73
6INDUSTRY TRENDS74
6.1INTRODUCTION74
6.2TECHNOLOGY TRENDS74
6.2.1AUTONOMOUS ROBOTS TO PROVIDE ON-ORBIT SATELLITE SERVICES74
6.2.2ON-ORBIT MANUFACTURING75
6.2.3AUTONOMOUS SPACECRAFT OPERATIONS75
6.2.4DEVELOPMENT OF DEDICATED SERVICE AIRCRAFT76
6.2.53D PRINTING OF SATELLITE EQUIPMENT76
6.3CASE STUDY ANALYSIS77
6.3.1MISSION EXTENSION VEHICLE77
TABLE 17MISSION EXTENSION VEHICLE77
6.3.2SATELLITE REFUELING77
TABLE 18SATELLITE REFUELING77
6.4PATENT ANALYSIS78
TABLE 19INNOVATIONS AND PATENT REGISTRATIONS, 2020-202278
6.5IMPACT OF MEGATRENDS79
6.5.1RISE OF SMALL SATELLITES79
6.5.2ADVANCEMENTS IN SATELLITE TECHNOLOGY80
6.5.3SHIFT IN GLOBAL ECONOMIC POWER81
7ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE82
7.1INTRODUCTION83
FIGURE 26LARGE SATELLITES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD83
TABLE 20ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)83
TABLE 21ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)83
7.2SMALL SATELLITES (< 500 KG)84
7.2.1SMALLER AND LESS EXPENSIVE THAN TRADITIONAL LARGER SATELLITES84
7.3MEDIUM SATELLITES (501–1000 KG)84
7.3.1DESIGNED TO ACCOMMODATE MORE COMPLEX PAYLOADS AND INSTRUMENTS THAN SMALL SATELLITES84
7.4LARGE SATELLITES (>1000 KG)85
7.4.1VULNERABLE TO FAILURES OR MALFUNCTIONS DUE TO HIGHER NUMBER OF SUBSYSTEMS85
8ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE86
8.1INTRODUCTION87
FIGURE 27ACTIVE DEBRIS REMOVAL (ADR) AND ORBIT ADJUSTMENT TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD87
TABLE 22ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE, 2019–2022 (USD MILLION)87
TABLE 23ON-ORBIT SATELLITE SERVICING MARKET, BY SERVICE, 2023–2030 (USD MILLION)88
8.2ACTIVE DEBRIS REMOVAL (ADR) AND ORBIT ADJUSTMENT88
8.2.1USED TO CAPTURE AND REMOVE SPACE DEBRIS FROM ORBIT88
8.3ROBOTIC SERVICING89
8.3.1USED IN BOTH LOWER EARTH ORBIT AND GEOSTATIONARY ORBIT89
8.4REFUELING89
8.4.1INVOLVES USE OF ROBOTIC ARMS AND FLUID TRANSFER SYSTEMS TO TRANSFER FUEL TO SATELLITE SAFELY AND EFFICIENTLY89
8.5ASSEMBLY90
8.5.1ALLOWS SATELLITES TO BE BUILT AND LAUNCHED IN MODULAR PIECES90
9ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT91
9.1INTRODUCTION92
FIGURE 28LOW EARTH ORBIT (LEO) SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD92
TABLE 24ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT, 2019–2022 (USD MILLION)92
TABLE 25ON-ORBIT SATELLITE SERVICING MARKET, BY ORBIT, 2023–2030 (USD MILLION)93
9.2LOW EARTH ORBIT (LEO)93
9.2.1INCREASING NUMBER OF SATELLITES LAUNCHED INTO LEO93
9.3MEDIUM EARTH ORBIT (MEO)94
9.3.1EXTENSIVELY UTILIZED BY SATELLITE NAVIGATION SYSTEMS94
9.4GEOSTATIONARY EARTH ORBIT (GEO)94
9.4.1CONTRIBUTES TO LONG-TERM SUSTAINABILITY OF SPACE OPERATIONS BY REDUCING SPACE DEBRIS94
10ON-ORBIT SATELLITE SERVICING MARKET, BY END USER96
10.1INTRODUCTION97
FIGURE 29COMMERCIAL SEGMENT TO BE FASTEST-GROWING END USER OF ON-ORBIT SATELLITE SERVICING DURING FORECAST PERIOD97
TABLE 26ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)97
TABLE 27ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)97
10.2MILITARY & GOVERNMENT98
10.2.1ON-ORBIT SATELLITE SERVICING TO PERFORM CRITICAL MAINTENANCE AND REPAIRS ON MILITARY SATELLITES AND SUPPORT SCIENTIFIC MISSIONS98
10.3COMMERCIAL98
10.3.1ON-ORBIT SATELLITE SERVICING TO EXTEND OPERATIONAL LIFETIME OF COMMERCIAL SATELLITES98
11ON-ORBIT SATELLITE SERVICING MARKET, BY REGION99
11.1INTRODUCTION100
FIGURE 30NORTH AMERICA TO DOMINATE ON-ORBIT SATELLITE SERVICING MARKET IN 2023100
TABLE 28ON-ORBIT SATELLITE SERVICING MARKET, BY REGION, 2019–2022 (USD MILLION)101
TABLE 29ON-ORBIT SATELLITE SERVICING MARKET, BY REGION, 2023–2030 (USD MILLION)101
11.2REGIONAL RECESSION IMPACT ANALYSIS101
FIGURE 31GLOBAL PESSIMISTIC AND REALISTIC VIEW DUE TO RECESSION IMPACT101
TABLE 30REGIONAL RECESSION IMPACT ANALYSIS102
11.3NORTH AMERICA103
11.3.1PESTLE ANALYSIS: NORTH AMERICA103
FIGURE 32NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET SNAPSHOT105
TABLE 31NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)105
TABLE 32NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)106
TABLE 33NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)106
TABLE 34NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)106
TABLE 35NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)106
TABLE 36NORTH AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)107
11.3.2US107
11.3.2.1New technologies and business models to make it easier and cost-effective to service satellites107
TABLE 37US: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)107
TABLE 38US: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)108
TABLE 39US: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)108
TABLE 40US: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)108
11.3.3CANADA109
11.3.3.1Expertise in robotics and automation109
TABLE 41CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)109
TABLE 42CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)109
TABLE 43CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)110
TABLE 44CANADA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)110
11.4EUROPE110
11.4.1PESTLE ANALYSIS: EUROPE111
FIGURE 33EUROPE: ON-ORBIT SATELLITE SERVICING MARKET SNAPSHOT112
TABLE 45EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)112
TABLE 46EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)113
TABLE 47EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)113
TABLE 48EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)113
TABLE 49EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)114
TABLE 50EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)114
11.4.2UK114
11.4.2.1Actively investing in on-orbit satellite servicing technology114
TABLE 51UK: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)115
TABLE 52UK: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)115
TABLE 53UK: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)115
TABLE 54UK: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)115
11.4.3GERMANY116
11.4.3.1Several projects funded by German Aerospace Center116
TABLE 55GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)116
TABLE 56GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)116
TABLE 57GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)117
TABLE 58GERMANY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)117
11.4.4RUSSIA117
11.4.4.1Many ongoing satellite servicing projects117
TABLE 59RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)118
TABLE 60RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)118
TABLE 61RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)118
TABLE 62RUSSIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)118
11.4.5ITALY119
11.4.5.1Growing fleet of old satellites119
TABLE 63ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)119
TABLE 64ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)119
TABLE 65ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)120
TABLE 66ITALY: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)120
11.4.6FRANCE120
11.4.6.1Heavy investment in R&D by CNES120
TABLE 67FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)121
TABLE 68FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)121
TABLE 69FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)121
TABLE 70FRANCE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)121
11.4.7REST OF EUROPE122
TABLE 71REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)122
TABLE 72REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)122
TABLE 73REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)123
TABLE 74REST OF EUROPE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)123
11.5ASIA PACIFIC123
11.5.1PESTLE ANALYSIS: ASIA PACIFIC124
FIGURE 34ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET SNAPSHOT125
TABLE 75ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)125
TABLE 76ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030(USD MILLION)126
TABLE 77ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)126
TABLE 78ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)126
TABLE 79ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)127
TABLE 80ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)127
11.5.2CHINA127
11.5.2.1Major country-level satellite servicing market globally127
TABLE 81CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)128
TABLE 82CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)128
TABLE 83CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)128
TABLE 84CHINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)128
11.5.3INDIA129
11.5.3.1Strong technology capabilities and growing private sector involvement129
TABLE 85INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)129
TABLE 86INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)129
TABLE 87INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)130
TABLE 88INDIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)130
11.5.4JAPAN130
11.5.4.1Establishment of Space Industry Vision 2025 program130
TABLE 89JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)131
TABLE 90JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)131
TABLE 91JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)131
TABLE 92JAPAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)131
11.5.5AUSTRALIA132
11.5.5.1Government actively promoting development of space industry132
TABLE 93AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)132
TABLE 94AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)132
TABLE 95AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)133
TABLE 96AUSTRALIA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)133
11.5.6SOUTH KOREA133
11.5.6.1Launched several experimental satellites to test on-orbit servicing technologies133
TABLE 97SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)134
TABLE 98SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)134
TABLE 99SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)134
TABLE 100SOUTH KOREA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)134
11.5.7REST OF ASIA PACIFIC135
TABLE 101REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)135
TABLE 102REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)135
TABLE 103REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)136
TABLE 104REST OF ASIA PACIFIC: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)136
11.6MIDDLE EAST & AFRICA136
11.6.1PESTLE ANALYSIS: MIDDLE EAST & AFRICA136
TABLE 105MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)137
TABLE 106MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)138
TABLE 107MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)138
TABLE 108MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)138
TABLE 109MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)138
TABLE 110MIDDLE EAST & AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)139
11.6.2IRAN139
11.6.2.1Challenges in accessing latest technologies and equipment due to international sanctions139
TABLE 111IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)139
TABLE 112IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)140
TABLE 113IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)140
TABLE 114IRAN: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)140
11.6.3ISRAEL140
11.6.3.1Supportive government and thriving startup ecosystem140
TABLE 115ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)141
TABLE 116ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)141
TABLE 117ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)141
TABLE 118ISRAEL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)142
11.6.4UAE142
11.6.4.1Government investing heavily in development of space programs142
TABLE 119UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)142
TABLE 120UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)143
TABLE 121UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)143
TABLE 122UAE: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)143
11.6.5SOUTH AFRICA143
11.6.5.1Development of space-related technologies143
TABLE 123SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)144
TABLE 124SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)144
TABLE 125SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)144
TABLE 126SOUTH AFRICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)145
11.7LATIN AMERICA145
11.7.1PESTLE ANALYSIS: LATIN AMERICA145
TABLE 127LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)146
TABLE 128LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY COUNTRY, 2023–2030 (USD MILLION)146
TABLE 129LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)146
TABLE 130LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)147
TABLE 131LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)147
TABLE 132LATIN AMERICA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)147
11.7.2BRAZIL147
11.7.2.1Development of space-related technologies and services147
TABLE 133BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)148
TABLE 134BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)148
TABLE 135BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)148
TABLE 136BRAZIL: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)149
11.7.3MEXICO149
11.7.3.1Initiative to develop technologies for space debris mitigation and on-orbit servicing149
TABLE 137MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)149
TABLE 138MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)150
TABLE 139MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)150
TABLE 140MEXICO: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)150
11.7.4ARGENTINA151
11.7.4.1Government initiatives to develop on-orbit satellite servicing capabilities151
TABLE 141ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2019–2022 (USD MILLION)151
TABLE 142ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY END USER, 2023–2030 (USD MILLION)151
TABLE 143ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2019–2022 (USD MILLION)151
TABLE 144ARGENTINA: ON-ORBIT SATELLITE SERVICING MARKET, BY TYPE, 2023–2030 (USD MILLION)152
12COMPETITIVE LANDSCAPE153
12.1INTRODUCTION153
12.2COMPETITIVE OVERVIEW153
12.2.1KEY DEVELOPMENTS OF LEADING PLAYERS IN ON-ORBIT SATELLITE SERVICING MARKET (2020–2022)153
TABLE 145KEY DEVELOPMENTS OF LEADING PLAYERS: ON-ORBIT SATELLITE SERVICING MARKET153
12.3RANKING ANALYSIS OF KEY MARKET PLAYERS, 2022155
FIGURE 35RANKING ANALYSIS OF TOP 5 PLAYERS IN ON-ORBIT SATELLITE SERVICING MARKET, 2022155
12.4REVENUE ANALYSIS OF KEY PLAYERS, 2022156
FIGURE 36ON-ORBIT SATELLITE SERVICING MARKET: REVENUE ANALYSIS OF TOP 5 PLAYERS (2020–2022)156
12.5MARKET SHARE ANALYSIS, 2022157
FIGURE 37MARKET SHARE ANALYSIS OF KEY COMPANIES, 2022157
TABLE 146ON-ORBIT SATELLITE SERVICING MARKET: DEGREE OF COMPETITION157
12.6COMPANY EVALUATION QUADRANT158
12.6.1STARS158
12.6.2EMERGING LEADERS158
12.6.3PERVASIVE PLAYERS158
12.6.4PARTICIPANT COMPANIES158
FIGURE 38ON-ORBIT SATELLITE SERVICING MARKET: COMPETITIVE LEADERSHIP MAPPING OF KEY PLAYERS, 2022159
12.6.5COMPETITIVE BENCHMARKING160
TABLE 147ON-ORBIT SATELLITE SERVICING MARKET: COMPETITIVE BENCHMARKING160
12.7STARTUP/SME EVALUATION QUADRANT161
12.7.1PROGRESSIVE COMPANIES161
12.7.2RESPONSIVE COMPANIES161
12.7.3STARTING BLOCKS161
12.7.4DYNAMIC COMPANIES161
FIGURE 39ON-ORBIT SATELLITE SERVICING MARKET: COMPETITIVE LEADERSHIP MAPPING OF STARTUPS/SMES, 2022162
TABLE 148ON-ORBIT SATELLITE SERVICING MARKET: LIST OF KEY STARTUPS/SMES163
12.8COMPETITIVE SCENARIO164
12.8.1NEW PRODUCT LAUNCHES164
12.8.2DEALS164
TABLE 149DEALS, 2019–2023164
13COMPANY PROFILES165
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
13.1INTRODUCTION165
13.2KEY PLAYERS165
13.2.1MAXAR TECHNOLOGIES165
TABLE 150MAXAR TECHNOLOGIES: COMPANY OVERVIEW166
FIGURE 40MAXAR TECHNOLOGIES: COMPANY SNAPSHOT166
TABLE 151MAXAR TECHNOLOGIES: SERVICES OFFERED167
13.2.2ASTROSCALE HOLDINGS INC.169
TABLE 152ASTROSCALE HOLDINGS INC.: COMPANY OVERVIEW169
TABLE 153ASTROSCALE HOLDINGS INC.: SERVICES OFFERED169
TABLE 154ASTROSCALE HOLDINGS INC.: DEALS170
13.2.3SPACELOGISTICS LLC172
TABLE 155SPACELOGISTICS LLC: COMPANY OVERVIEW172
TABLE 156SPACELOGISTICS LLC: SERVICES OFFERED172
TABLE 157SPACELOGISTICS LLC: DEALS173
13.2.4AIRBUS SE174
TABLE 158AIRBUS SE: COMPANY OVERVIEW174
FIGURE 41AIRBUS SE: COMPANY SNAPSHOT175
TABLE 159AIRBUS SE: SERVICES OFFERED175
13.2.5THALES ALENIA SPACE177
TABLE 160THALES ALENIA SPACE: COMPANY OVERVIEW177
TABLE 161THALES ALENIA SPACE: SERVICES OFFERED177
TABLE 162THALES ALENIA SPACE: DEALS178
13.2.6TETHERS UNLIMITED, INC.179
TABLE 163TETHERS UNLIMITED, INC.: COMPANY OVERVIEW179
TABLE 164TETHERS UNLIMITED, INC.: SERVICES OFFERED179
13.2.7ALTIUS SPACE MACHINES, INC.180
TABLE 165ALTIUS SPACE MACHINES, INC.: COMPANY OVERVIEW180
TABLE 166ALTIUS SPACE MACHINES, INC.: SERVICES OFFERED180
TABLE 167ALTIUS SPACE MACHINES, INC.: DEALS181
13.2.8ORBIT FAB, INC.182
TABLE 168ORBIT FAB, INC.: COMPANY OVERVIEW182
TABLE 169ORBIT FAB, INC.: SERVICES OFFERED182
TABLE 170ORBIT FAB, INC.: DEALS183
13.2.9MOMENTUS, INC.184
TABLE 171MOMENTUS, INC.: COMPANY OVERVIEW184
FIGURE 42MOMENTUS, INC.: COMPANY SNAPSHOT184
TABLE 172MOMENTUS, INC.: SERVICES OFFERED185
13.2.10CLEARSPACE186
TABLE 173CLEARSPACE: COMPANY OVERVIEW186
TABLE 174CLEARSPACE: SERVICES OFFERED186
TABLE 175CLEARSPACE: DEALS187
13.2.11ATOMOS SPACE188
TABLE 176ATOMOS SPACE: COMPANY OVERVIEW188
TABLE 177ATOMOS SPACE: SERVICES188
TABLE 178ATOMOS SPACE: DEALS189
13.2.12ROGUE SPACE SYSTEMS190
TABLE 179ROGUE SPACE SYSTEMS: COMPANY OVERVIEW190
TABLE 180ROGUE SPACE SYSTEMS: SERVICES OFFERED190
13.2.13STARFISH SPACE191
TABLE 181STARFISH SPACE: COMPANY OVERVIEW191
TABLE 182STARFISH SPACE: SERVICES OFFERED191
13.2.14D-ORBIT192
TABLE 183D-ORBIT: COMPANY OVERVIEW192
TABLE 184D-ORBIT: SERVICES OFFERED192
13.2.15TURION SPACE193
TABLE 185TURION SPACE: COMPANY OVERVIEW193
TABLE 186TURION SPACE: SERVICES OFFERED193
13.3OTHER PLAYERS194
13.3.1OBRUTA SPACE SOLUTIONS CORP194
TABLE 187OBRUTA SPACE SOLUTIONS CORP: COMPANY OVERVIEW194
13.3.2LÚNASA LTD.194
TABLE 188LÚNASA LTD.: COMPANY OVERVIEW194
13.3.3INFINITE ORBITS195
TABLE 189INFINITE ORBITS: COMPANY OVERVIEW195
13.3.4HYORISTIC INNOVATIONS195
TABLE 190HYORISTIC INNOVATIONS: COMPANY OVERVIEW195
13.3.5ORBITAID AEROSPACE PRIVATE LIMITED196
TABLE 191ORBITAID AEROSPACE PRIVATE LIMITED: COMPANY OVERVIEW196
13.3.6FUTURE SPACE INDUSTRIES196
TABLE 192FUTURE SPACE INDUSTRIES: COMPANY OVERVIEW196
13.3.7HIGH EARTH ORBIT ROBOTICS197
TABLE 193HIGH EARTH ORBIT ROBOTICS: COMPANY OVERVIEW197
13.3.8SPACE MACHINES COMPANY PTY LTD197
TABLE 194SPACE MACHINES COMPANY PTY LTD: COMPANY OVERVIEW197
13.3.9ORION AST198
TABLE 195ORION AST: COMPANY OVERVIEW198
13.3.10SCOUT AEROSPACE LLC198
TABLE 196SCOUT AEROSPACE LLC: COMPANY OVERVIEW198
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14APPENDIX199
14.1DISCUSSION GUIDE199
14.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL203
14.3CUSTOMIZATION OPTIONS205
14.4RELATED REPORTS205
14.5AUTHOR DETAILS206
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