Press Release

On-Orbit Satellite Servicing Market to Grow with a CAGR of 9.93% through 2030

The Global On-Orbit Satellite Servicing Market is growing due to increasing demand for satellite maintenance, repair, and upgrades, advancements in space technology, and the need for cost-effective solutions to extend satellite lifespans.


According to TechSci Research report, “On-Orbit Satellite Servicing Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, Global On-Orbit Satellite Servicing Market was valued at USD 2.91 Billion in 2024 and is expected to reach USD 5.12 Billion by 2030 with a CAGR of 9.93% during the forecast period. The global On-Orbit Satellite Servicing market is rapidly evolving, driven by a growing demand for satellite longevity, space sustainability, and the expansion of satellite constellations in low Earth orbit (LEO). Satellite servicing technologies, which include repair, refueling, and repositioning services, have emerged as essential components for maintaining space assets and ensuring their prolonged functionality. As the global space industry continues to expand, the cost-effective maintenance and optimization of satellites have become critical to mitigating the risks associated with satellite failure, high replacement costs, and space debris accumulation. Additionally, on-orbit servicing can enhance the efficiency and performance of satellites through upgrades and modifications, thus reducing the need for costly launches of new satellites.

The increasing demand for satellite longevity. As satellite systems become more integral to communications, national security, scientific research, and commercial applications, the ability to extend their operational life has become a priority. Satellites are expensive to launch and maintain, so extending their operational lifespan through servicing is an efficient and cost-effective solution. Refueling, repairing, and upgrading satellites in space can add years to their life, reducing the need for expensive replacements. Another major driver is the rising concern over space debris. Space debris is a significant risk to both active satellites and space exploration missions. The collision of space debris with operational satellites can result in catastrophic failures, leading to the loss of valuable space assets. On-orbit satellite servicing offers a viable solution for debris mitigation through the safe removal and repositioning of non-functional satellites and space junk. As governments and space agencies like NASA, ESA, and private companies invest in debris removal technologies, the demand for on-orbit servicing capabilities continues to grow. The growing commercialization of space activities has led to increased investment in satellite servicing technologies. Private companies, such as SpaceX, Northrop Grumman, and Astroscale, are making significant strides in developing satellite servicing capabilities. These commercial players are also providing servicing solutions to other private satellite operators, thereby driving the market's expansion. The rise of large satellite constellations, such as SpaceX’s Starlink and Amazon’s Kuiper project, has further increased the need for maintenance and servicing solutions in orbit, fueling the market's growth.

The On-Orbit Satellite Servicing Market is also benefiting from continuous technological advancements in robotics, artificial intelligence (AI), and autonomous systems. These innovations have significantly enhanced the capabilities of satellite servicing missions. Robotic systems equipped with AI and machine learning algorithms are enabling highly autonomous servicing operations, such as refueling, repairs, and upgrades, with minimal human intervention. These systems can operate with high precision and efficiency, ensuring that servicing missions are carried out safely and effectively, even in the challenging space environment. The development of advanced robotics, such as robotic arms and autonomous servicing vehicles, is allowing for more intricate and complex servicing tasks, including satellite capture, repositioning, and orbital adjustment. With the integration of AI, these robots can perform real-time diagnostics, identify issues with satellite components, and take corrective actions autonomously. Furthermore, the development of additive manufacturing technologies in space, such as 3D printing, is enabling the creation of spare parts and components for in-orbit repairs, reducing the need for resupply missions from Earth.

 

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The global On-Orbit Satellite Servicing Market is segmented into type, service, end user and region.

Based on type, Large Satellites (>1000 Kg) segment is the fastest-growing segment in the On-Orbit Satellite Servicing Market. These satellites, which are often used for communications, Earth observation, and national security, require advanced servicing due to their critical functions and high cost. The demand for servicing large satellites is increasing as they are deployed in larger numbers for complex and long-duration missions. Their large size and expensive nature make them prime candidates for on-orbit servicing, including refueling, repairs, and upgrades. As satellite lifespans are extended through servicing, the market for large satellite servicing is expected to continue its rapid growth.

Based on region, Asia Pacific is the fastest-growing region in the global On-Orbit Satellite Servicing Market, driven by rapid advancements in space technology, increasing satellite deployments, and expanding commercial space activities. Countries like China, India, and Japan are investing heavily in space exploration and satellite infrastructure, spurring the demand for satellite servicing solutions. The region's growing focus on satellite longevity, space sustainability, and efficient space operations is driving the need for on-orbit servicing. Additionally, the rise of private space companies in Asia Pacific is fueling innovation and competition, further accelerating market growth in this region.

 

Major companies operating in Global On-Orbit Satellite Servicing Market are:

  • Maxar Technologies
  • Astroscale Holdings Inc.
  • SpaceLogistics LLC
  • Airbus SE
  • Thales Alenia Space
  • Tethers Unlimited, Inc.
  • Altius Space Machines, Inc.
  • Orbit Fab, Inc.
  • Momentus, Inc.
  • Orbitaid Aerospace Private Limited

 

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“The On-Orbit Satellite Servicing Market is experiencing significant growth, driven by advancements in satellite technology, increasing satellite lifespans, and growing concerns over space debris. As satellite constellations, especially for communication and Earth observation, expand rapidly, the demand for cost-effective servicing solutions, such as refueling, repairs, and orbital adjustments, is increasing. This trend is further fueled by the rise in space traffic and the necessity for sustainable space operations. Technological developments in robotics, artificial intelligence (AI), and autonomous systems are enhancing the efficiency and precision of servicing missions, making them more reliable and cost-effective. Key players, including both governmental agencies like NASA and private companies such as SpaceX, Northrop Grumman, and Astroscale, are investing heavily in developing and deploying these services.” Said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

On-Orbit Satellite Servicing Market Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Small Satellites (< 500 Kg), Medium Satellites (501- 1000 Kg), Large Satellites (>1000 Kg)), By Service (Active Debris Removal (ADR) and Orbit Adjustment, Robotic Servicing, Refueling, Assembly), By End User (Military & Government, Commercial), By Region, By Competition, 2020-2030F”, has evaluated the future growth potential of global On-Orbit Satellite Servicing Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global On-Orbit Satellite Servicing Market.

 

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