Space Debris Removal Market Forecast 2025 | Rising Demand, Investment Prospects & Key Players

Market Size and Growth

Global Space Debris Removal Market reached US$ 101.2 Million in 2023 and is expected to reach US$ 1,635.6 Million by 2031, growing with a CAGR of 41.6% during the forecast period 2024-2031.

Space Debris Removal Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Space Debris Removal Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.

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Space Debris Removal refers to the technologies and strategies designed to detect, capture, and safely remove defunct satellites, spent rocket stages, and other debris orbiting Earth. These efforts aim to reduce collision risks, protect operational spacecraft, and maintain the long-term sustainability of space activities. Methods include robotic arms, nets, harpoons, lasers, and drag-enhancing devices, playing a critical role in ensuring the safety and viability of current and future space missions.

Key Players:

-> 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.

Key Development:

United States: Recent Industry Developments

✅ August 2025: In August 2025, Astroscale U.S. concluded testing of its Refueler spacecraft at NASA's Goddard Space Flight Center, marking a significant milestone in on-orbit servicing capabilities.

✅ July 2025: In July 2025, Astroscale was granted a U.S. patent for a scalable multi-object debris removal system, enhancing the efficiency of space debris mitigation efforts.

✅ April 2025: In April 2025, Astroscale U.S. initiated the first-ever refueling of a U.S. Space Force asset in geostationary orbit, demonstrating advanced on-orbit servicing capabilities.

Japan: Recent Industry Developments

✅ July 2025: In July 2025, Astroscale Japan secured a £5.15 million contract from the UK Ministry of Defence to enhance space situational awareness through the Orpheus mission.

✅ May 2025: In May 2025, Astroscale's ADRAS-J mission achieved a historic 15-meter approach to space debris, setting a new benchmark in active debris removal technology.

✅ February 2025: In February 2025, Astroscale Japan launched ADRAS-J, the world's first debris inspection spacecraft, marking a significant milestone in space debris removal efforts.

Growth Forecast Projected:

The Global Space Debris Removal Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Space Debris Removal Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

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

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)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Space Debris Removal producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Space Debris Removal revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Space Debris Removal Market?

A: In 2023, the Space Debris Removal Market was valued at US$ 101.2 Million, reflecting its strong industry presence.

Q2: How large is the Space Debris Removal Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Space Debris Removal Market will grow to around US$ 1,635.6 Million, demonstrating significant expansion.

Q3: What is the growth rate of the Space Debris Removal Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 41.6% during the forecast period from 2024 to 2031.

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