About Space Debris Monitoring and Removal
Monitoring space debris is critical to guaranteeing the safety of satellites and future space missions, as well as employing a tailor-made technology to detect and track remnants of an increasing number of fragments and defunct satellites orbiting Earth. An effective monitoring approach shall involve activities by perspectives of different forms, and each of them shall establish different types of projects. This includes ground-based radar systems combined with optical tracking systems. Ground-based radars are well assigned to track larger debris (greater than 10 cm) in low Earth orbit (LEO) by means of emitting radio waves which hit the object and observe such things as position, speed, and trajectory. Optical telescopes, ground-based and space-based, use visible light in order to pursue the debris in higher orbits such as the geostationary orbit (GEO); they could detect objects down to 10 cm, but they, too, may be affected by weather conditions, especially during night-time. Emerging technologies such as space-based sensors are the full-spectrum monitors of the debris orbiting human-manufactured objects from low-earth orbit (LEO) onto high-earth orbit (HEO). Such technologies are expected to include infrared sensors to detect hot substances and laser systems with high precision in measuring the distance to space debris. For example, VISDOMS, using a space-based optical telescope, would detect LEO debris down to 1 mm, thereby partly overcoming the disadvantages of ground-based systems.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Airbus SAS (France), Altius Space Machines (USA), Astroscale Holdings (Japan), ClearSpace (Switzerland), D-Orbit (Italy), Electro Optic Systems (Australia), Lockheed Martin Corporation (USA), Northrop Grumman Corporation (USA), Obruta Space Solutions Corp. (Canada), Orbit Guardians Corporation (USA) and Share My Space (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Space Debris Monitoring and Removal market by and Region.
On the basis of geography, the market of Space Debris Monitoring and Removal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Debris Size, the sub-segment i.e. Small Debris (<1cm) will boost the Space Debris Monitoring and Removal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Orbit Type, the sub-segment i.e. Geosynchronous Orbit (GEO) will boost the Space Debris Monitoring and Removal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technique, the sub-segment i.e. Direct Debri Removal will boost the Space Debris Monitoring and Removal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Military/Defense Organizations will boost the Space Debris Monitoring and Removal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.