New York, Space debris is any man-made object in orbit around Earth that no longer serves a useful purpose. Debris includes inactive satellites, spent rocket stages, paint flakes, bits of insulation, and all other man-made objects larger than a few centimeters across. The growing presence of space debris poses a serious threat to active satellites and the International Space Station (ISS).
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Key Trends
The key trends in Space Debris Monitoring and Removal technology are the development of new and more sophisticated methods of detecting and tracking space debris, and the development of new technologies for removing space debris from orbit.
The most important trend in space debris detection and tracking is the development of new and more sensitive radar systems. These radar systems are able to detect and track smaller and more elusive pieces of space debris than ever before.
In terms of debris removal, the most important trend is the development of new and more effective methods of deorbiting space debris. These methods include the use of lasers, nets, and tethers to drag debris out of orbit and into the atmosphere where it will burn up.
Key Drivers
The key drivers of space debris monitoring and removal are the increasing amount of space debris, the need to protect active satellites and spacecraft, and the threat to human spaceflight.
The amount of space debris has been increasing exponentially since the start of the Space Age. There are now over 21,000 tracked pieces of space debris larger than 10 cm, and millions of smaller pieces that are not tracked.
The need to protect active satellites and spacecraft from collisions with space debris is a major driver of the space debris monitoring and removal market. Collisions can damage or destroy satellites and can create even more space debris.
The market is driven by the increasing amount of space debris, the need to protect active satellites and spacecraft, and the threat to human spaceflight.
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Market Segments
The space debris monitoring and removal market is segmented by technology type, application, and region. By technology type, the market is classified into space debris removal technology, and space debris monitoring technology. Based on application, it is bifurcated into military, and civil. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global space debris monitoring and removal market includes players such as Airbus S.A.S., Digantara Altius Space Machines Inc., Raytheon Company, Astroscale Holdings Inc., D-Orbit SpA, PAO S.P. Korolev RSC Energia, Lockheed Martin Corporation, Northrop Grumman Corporation, The Boeing Company, Electro Optic Systems Pty Ltd., and others.
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