In-Orbit Satellite Services Market Share, Size & Competitive Landscape Report 2030

In-Orbit Satellite Services Market Size & Insights

As per recent study by MarkNtel Advisors The Global In-Orbit Satellite Services Market is projected to grow at a CAGR of around 98.47% during the forecast period, i.e., 2025-30.  

What are the Key DROs in the In-Orbit Satellite Services Market?

Key Driver

·        Rising Demand for Geostationary Satellites Globally

Geostationary satellites are placed in Earth’s orbit at the height of 35,800 km directly over the equator that revolves from east to west consequently keeping it in the same position above Earth. The rising demand for geostationary satellites in several countries such as the US, India, the UK, China, etc., for various purposes such as monitoring volcanic ash, measuring cloud temperatures and water vapor, oceanography, measuring land temperature and vegetation coverage, etc., has been fueling the demand for in-orbit satellite services. In addition to this, satellite operators have started adopting in-orbit satellite services in order to reduce their operating costs as well as to extend the life span of their launched satellites.

·        Burgeoning Investments in Military Space Communications

Furthermore, the demand for geo satellites has also been growing, owing to the concerns of predicting and monitoring natural disasters like a cyclone. This has led to a sizable investment being done in the launch and operations of geo satellites. Therefore, the increasing launch of geo satellites for the respective reasons would require in-orbit satellite services such as life extension, refueling, repair, etc., in the forecast years.

What are the Key Segments in the In-Orbit Satellite Services Market?

The In-Orbit Satellite Services is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

·       By Type of Services

o   Life Extension- Market Size & Forecast 2020-2030, USD Million

o   Salvage Operation- Market Size & Forecast 2020-2030, USD Million

o   Satellite Repair & Alteration- Market Size & Forecast 2020-2030, USD Million

o   Refueling of Satellites & Others- Market Size & Forecast 2020-2030, USD Million

·       By Orbit

o   High Earth Orbit- Market Size & Forecast 2020-2030, USD Million

o   Medium Earth Orbit- Market Size & Forecast 2020-2030, USD Million

o   Low Earth Orbit- Market Size & Forecast 2020-2030, USD Million

·       By End User

o   Commercial- Market Size & Forecast 2020-2030, USD Million

o   Government- Market Size & Forecast 2020-2030, USD Million

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By Region

·       North America

·       Europe

·       Asia Pacific

·       Rest of World  

Here, North America acquired the largest share of the market in the previous years and is anticipated to prevail in the same trend during the forecast years.

How does geographical analysis highlight in the In-Orbit Satellite Services market?

Who are the Key Players in In-Orbit Satellite Services Market?

Northrop Grumman., Astroscale, Airbus , ATOMOS SPACE , Lockheed Martin Corporation., Infinite Orbits SAS, ExoAnalytic Solutions, Inc., Firefly, Thales, Honeybee Robotics, Intelsat Corporation, Xplore and Others

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In-Orbit Satellite Services Market News

·        Northrop Grumman, provides cooperative space logistics and in-orbit satellite servicing to geosynchronous satellite operators using its fleet of commercial servicing vehicles—the Mission Extension Vehicle, the Mission Robotic Vehicle, and the Mission Extension Pods. Recently, the company announced to launch new satellite-servicing mission in 2024, in which the company has planned to send a servicing vehicle on a SpaceX rocket.

·        In 2016, Intelsat, one of the biggest satellite fleet operators globally, endorsed the state-of-the-art satellite servicing capabilities of Orbital ATK on an enormous level. Such an endorsement might be the prominent factor backing the acquisition of Orbital ATK by Northrop Grumman last year.

Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·       Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·       Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

·       Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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