Press release
Space Debris Removal Market to Reach $1.63 Billion by 2031, Growing at 41.6% CAGR | Astroscale, ClearSpace, Surrey Satellite Technology, OrbitGuardians, Kall Morris Incorporated, Obruta Space Solutions
Space Debris Removal Market was valued at US$ 101.2 million in 2023 and is projected to reach US$ 1,635.6 million by 2031, expanding at a robust CAGR of 41.6% during the forecast period 2024-2031.The Space Debris Removal Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.
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Space Debris Removal Market Key Drivers:
✅ Rising Satellite Launches and Mega-Constellations
The surge in small satellite constellations for broadband and Earth observation has increased orbital congestion. This trend is pushing governments and private firms to adopt debris mitigation and removal solutions.
✅ Growing Safety Concerns for Space Assets
Space debris poses a collision risk to active satellites, space stations, and crewed missions. The economic impact of satellite damage or loss is driving urgency in deploying debris-removal technologies.
✅ Government Regulations and International Agreements
Stricter guidelines on end-of-life satellite disposal and orbital sustainability are encouraging companies to invest in debris management. International discussions on space traffic management are also contributing to market growth.
✅ Technological Advancements in Robotics and AI
Innovations such as robotic arms, AI-based tracking, and autonomous spacecraft navigation are making active debris removal more feasible and cost-efficient, thus fueling commercialization.
✅ Growing Private Sector Participation
Startups and established aerospace companies are receiving funding and contracts for demonstration missions, reflecting increasing confidence in the commercial viability of debris removal services.
Space Debris Removal Market - Geographical Share
The demand for space debris removal is gaining traction worldwide as governments, private aerospace firms, and international organizations intensify efforts to safeguard orbital sustainability.
➠ North America holds the dominant share of the market, primarily driven by the United States' advanced space programs, heavy satellite deployments, and ongoing investments from agencies such as NASA and the Department of Defense. The increasing presence of commercial satellite operators in the U.S. further strengthens the region's lead.
➠ Europe is emerging as a strong contributor, with the European Space Agency and several regional startups actively developing debris-removal technologies. Strong policy support and collaborative missions between EU member states are accelerating adoption.
➠ Asia-Pacific is projected to witness rapid growth, led by China, Japan, and India. These countries have significantly expanded their satellite launches, creating a pressing need for debris management systems. Japan, in particular, has taken notable steps with demonstration projects in active debris capture.
➠ Rest of the World, including Latin America and the Middle East, is gradually entering the market as their space programs mature. While the share is relatively small, growing satellite investments indicate long-term opportunities.
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Strategic Players Driving the Space Debris Removal Market: Astroscale, ClearSpace, Surrey Satellite Technology Ltd, Northrop Grumman, Kall Morris Incorporated, Obruta Space Solutions Corp., Lockheed Martin Corporation, Share My Space SAS, Electro Optic Systems and OrbitGuardians.
Major Collaborations & Partnerships:
✅ Astroscale has forged a strategic tie-up with India's Digantara and Bellatrix Aerospace. This collaboration aims to develop on-orbit debris-removal services tailored for Indian clients within the next 1-2 years marking Astroscale's first operations in Asia-Pacific outside Japan. It also aligns with broader expansion plans into South Korea, Taiwan, Indonesia, and Australia.
✅ A notable multinational effort: Orbital Lasers (Japan) and InspeCity (India) are jointly exploring a laser-equipped satellite concept that aims to vaporize small debris surfaces to reduce rotation simplifying their capture by servicing spacecraft. Demonstration is planned by 2027, under a collaboration agreement signed in late 2024.
Mission Launches & Demonstrations:
✅ ClearSpace SA's ClearSpace-1 mission, backed by ESA, is on track for launch in 2025. This pioneering mission will deploy a robotic spacecraft to rendezvous with and capture the defunct VESPA upper-stage object, followed by controlled deorbiting and atmospheric reentry.
✅ Starfish Space achieved a milestone with its Otter Pup 2 mission. Launched aboard SpaceX Transporter-14 on June 23, 2025, it aims to perform the first-ever commercial docking with an unprepared satellite in low Earth orbit, building on prior achievements from Otter Pup 1
Research Methodology:
The global Space Debris Removal Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
Segment Covered in the Space Debris Removal Market:
By Debris Size (1mm to 10mm, 10mm to 100mm, Greater than 100mm)
By Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary Earth Orbit)
By Technique (Direct, Indirect) By End-User (Commercial, Government)
By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa)
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Regional Analysis for Space Debris Removal Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Most Frequently Asked Questions in the Space Debris Removal Market Research Industry:
➠ Who leads the Space Debris Removal industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Space Debris Removal market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Space Debris Removal market growth?
➠ What are the dominant sales and distribution strategies in the Space Debris Removal industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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