Global In-Orbit Satellite Services

Global In-Orbit Satellite Services Market Research Report: Forecast (2022-2027)

By Type of Services (Life Extension, Salvage Operation, Satellite Repair & Alteration, Refueling of Satellites & Others), By Orbit (High Earth Orbit, Medium Earth Orbit, Low Earth Orbit), By End User Read more

  • Aerospace & Defense
  • Sep 2022
  • 198
  • AD88008

Market Definition

In-orbit satellite services refer to the maintenance, refueling, upgradation, orbit change, and other critical mid & end-life upgrade of satellites in space. The respective services help in improving the efficiency of the satellites as well as reducing the cost of launching newer satellites. The innovative and advanced technological developments in In-orbit satellite services by the companies are assumed to captivate the satellite operators to opt for the services in the future.

Market Insights

The Global In-Orbit Satellite Services Market is projected to grow at a CAGR of around 98.47% during the forecast period, i.e., 2022-27. The market has witnessed steady growth in the historical years, owing to the increased adoption of in-orbit satellite services by satellite operators for required on-time maintenance. In-orbit satellite services are the technological transformation in the NewSpace sector that aims to replace the damaged parts on satellites, enhance the life span of satellites, and reduce the cost of launching new satellites, further bolstering the market growth.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 98.47%
Regions Covered North America: The US
Europe: Germany, The UK, France, Russia,  Rest of Europe
Asia-Pacific: India, China, Japan, South Korea, Rest of Asia-Pacific
Rest of World
Key Companies Profiled

Northrop Grumman., Astroscale, Airbus , ATOMOS SPACE , Lockheed Martin Corporation., Infinite Orbits SAS, ExoAnalytic Solutions, Inc., Firefly, Thales, Honeybee Robotics, Intelsat Corporation, Xplore

Unit Denominations USD Million/Billion

 

Furthermore, there has been an increasing influx of funds and collaboration of private & government organizations with aerospace companies to develop and improve in-orbit satellite services, further contributing to the market expansion. For instance,

  • In 2021, European Commission awarded a contract of around USD3.5 million to prepare a Low-Earth demonstration project. This project is expected to spend around two years developing a concept to manufacture & assemble satellites in space and test the advanced in-orbit satellite services. With the help of this project, Europe is targeting to lead the market of in-orbit satellite services worldwide.

Hence, such strategies by the associations in the NewSpace market are estimated to maintain the demand frequency of in-orbit satellite services in the forthcoming years. Thereby, augmenting the growth of the Global In-Orbit Satellite Services market.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Impact of COVID-19 on Global In-Orbit Satellite Services Market
  5. Global In-Orbit Satellite Services Market: Newly Launched Satellites
  6. Global In-Orbit Satellite Services Market Trends & Insights
  7. Global In-Orbit Satellite Services Market Dynamics
    1. Drivers
    2. Challenges
  8. Global In-Orbit Satellite Services Market Porters Five Forces Analysis
  9. Global In-Orbit Satellite Services Market Regulations & Policies
  10. Global In-Orbit Satellite Services Market Hotspots & Opportunities
  11. Global In-Orbit Satellite Services Market Start-up Ecosystem
  12. Global In-Orbit Satellite Services Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Services
        1. Life Extension
        2. Salvage Operation
        3. Satellite Repair & Alteration
        4. Refueling of Satellites & Others
      2. By Orbit
        1. High Earth Orbit
        2. Medium Earth Orbit
        3. Low Earth Orbit
      3. By End User
        1. Commercial
        2. Government
      4. By Region
        1. North America
        2. Europe
        3. Asia Pacific
        4. Rest of World  
      5. By Company
        1. Competition Characteristics
        2. Market Share of Leading Companies
  13. North America In-Orbit Satellite Services Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Services
      2. By Orbit
      3. By End User
        1. Commercial
        2. Government
      4. By Country
        1. The US
    3. The US In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government  
  14. Europe In-Orbit Satellite Services Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Services
      2. By Orbit
      3. By End User
        1. Commercial
        2. Government
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Russia
        5. Rest of Europe
    3. Germany In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government  
    4. The UK In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government  
    5. France In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government  
    6. Russia In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government  
  15. Asia Pacific In-Orbit Satellite Services Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Services
      2. By Orbit
      3. By End User
        1. Commercial
        2. Government
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Rest of Asia Pacific           
    3. China In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government  
    4. Japan In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government  
    5. India In-Orbit Satellite Services Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By End User
          1. Commercial
          2. Government   
  16. Global In-Orbit Satellite Services Market Key Strategic Imperatives for Growth & Success
  17. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Northrop Grumman.
      2. Astroscale
      3. Airbus
      4. ATOMOS SPACE
      5. Lockheed Martin Corporation.
      6. Infinite Orbits SAS
      7. ExoAnalytic Solutions, Inc.
      8. Firefly
      9. Thales
      10. Honeybee Robotics
      11. Intelsat Corporation
      12. Xplore
  18. Disclaimer
In-Orbit Satellite Services Market - Segmentation slide
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