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The space debris monitoring and removal market size has the potential to grow by USD 610.47 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by application (space debris removal technology and space debris monitoring technology) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Airbus SE, Analytical Graphics Inc., Astroscale Holdings Inc., BAE Systems Plc, Boeing Corp., Cobham Plc, Electro Optic Systems Holdings Ltd., Lockheed Martin Corp., Northrop Grumman Corp., and S.P. Korolev Rocket and Space Corp. Energia.
The space debris monitoring and removal market is concentrated. The rising investments in space-related projects and an increasing number of satellite launches will create ample growth opportunities for vendors in the space debris monitoring and removal market. Cobham Plc, Electro Optic Systems Holdings Ltd., Lockheed Martin Corp., Northrop Grumman Corp., and S.P. Korolev Rocket and Space Corp. Energia are some of the major market participants. Although the Space tourism concept attracting investments will offer immense growth opportunities, Legal and policy challenges of orbital debris removal will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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