Press release
Global Space Debris Monitoring and Removal Market Forcast To Grow At CAGR Of 4.46% Between 2017-2021
Man-made satellites have crowded the outer atmospheric region to benefit mankind. Satellites derive their nomenclature depending on their distance from the Earths surface and the orbit in which they revolve. For over several years (since 1957), satellites have been launched into space without a proper deorbiting technique, which has resulted in forming space debris or wreckage. Space debris can be non-functional spacecraft, abandoned launch vehicle stages, mission-related debris, fragmentation debris, and others.
Technavios analysts forecast the global space debris monitoring and removal market to grow at a CAGR of 4.46% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global space debris monitoring and removal market for 2017-2021. To calculate the market size, the report considers the public and private investments in organizational research initiatives along with the revenue generated by the industry stakeholders, if any.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavios report, Global Space Debris Monitoring and Removal Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Airbus
ASTROSCALE
Boeing
Lockheed Martin
RSC Energia
Other prominent vendors
Analytical Graphics (AGI)
Electro-Optic Systems (EOS)
ExoAnalytic Solutions
Orbital ATK
Market driver
Space tourism concepts gaining traction
For a full, detailed list, view our report
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Market challenge
Holding on to debris and its disposal
For a full, detailed list, view our report
Market trend
Use of self-replicating robots for debris removal
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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