Dublin, April 1, 2022 (GLOBE NEWSWIRE) — The “Growth Opportunities for Global On-orbit and Out-orbit Services” Report has been added to ResearchAndMarkets.com offering.
This study offers an assessment of the evolving market segments within the space industry looking to support both established incumbents and NewSpace market participants.
Specifically, the discussion covers the evolution of the on-orbit and off-orbit services market, including the rapidly growing need for sustainable space operations and how that translates to the need for dedicated de-orbit services and repair/augmentation services in space operations. orbit.
Low Earth orbit (LEO) constellations involving multiple satellites are the key source of demand for these services. Once these mega-constellations reach the end of their installation phase and enter their respective expansion/replacement phases, many satellites will need to be deorbited and/or repaired.
Geosynchronous Equatorial Orbit (GEO) satellites will also require repair/augmentation as they near the end of their mission life. Since some of the satellites are being deployed with built-in de-orbit capability, they may not be available for de-orbit services. Some Low Earth Orbit (LEO) satellites could use their proximity to Earth so that their orbits organically decay, causing depletion when they re-enter the atmosphere (subject to variable timeframes).
With the installation of multiple satellite constellations to support commercial business models, operators must ensure that their space assets are available at all times for uninterrupted downstream services. This requires both the timely replacement of aging satellites and the repair/upgrade of usable satellites (depending on evolving mission requirements). This study analyzes the key segments of the demand for these services.
KEY ISSUES ADDRESSED
Which satellites require out-of-orbit services?
Which satellites require service in orbit?
How operational is the market? How is the demand for such services evolving?
What are some examples/use cases?
What are the growth opportunities for companies in this market?
Key Topics Covered:
1. Strategic imperatives
Why is it getting harder and harder to grow?
The strategic imperative
The Impact of the Top 3 Strategic Imperatives on the On-orbit and Out-of-orbit Services Industry
Growth Opportunities Fuel the Growth Channel Engine
2. Analysis of growth opportunities
Growth drivers for the on-orbit and off-orbit services market
Growth constraints for the on-orbit and off-orbit services market
Total market demand forecast (units) by certainty scenarios, on-orbit and off-orbit services market
Current Status of Demand – Satellites Launched (2015-Q3 2021)
In-Orbit Service: Satellite-Enabled Mission Life Extension of Large Satellites
Deorbiting Services: Sustainable Space Operations Enabled for Small Satellites
3. Universe of growth opportunities
Growth Opportunity 1 – Small mass-produced satellites for deorbiting services
Growth Opportunity 2: Space traffic management services for on-orbit and de-orbit services
Growth Opportunity 3: AI-enabled robotics for in-orbit services and de-orbit services
For more information on this report, visit https://www.researchandmarkets.com/r/13edrf
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