Orbital Waste Disposal Market to Reach $1.38 Billion by 2029, Expanding at 24.7% CAGR
Built for executives and teams involved in growth planning, this research offers a data-driven view of the orbital waste disposal industry’s direction and competitive environment.
What Is The Projected Market Size & Growth Rate Of The Orbital Waste Disposal Market?
The orbital waste disposal market size has grown exponentially in recent years. It will grow from $0.46 billion in 2024 to $0.57 billion in 2025 at a compound annual growth rate (CAGR) of 24.9%. The growth in the historic period can be attributed to growth in commercial aviation, increased demand for passenger comfort, early adoption in luxury vehicles, development of precision sensors and rise in industrial automation.
The orbital waste disposal market size is expected to see exponential growth in the next few years. It will grow to $1.38 billion in 2029 at a compound annual growth rate (CAGR) of 24.7%. The growth in the forecast period can be attributed to rising defense modernization programs, expanding electric vehicle production, demand for lightweight solutions, stricter noise emission regulations and focus on cabin noise reduction. Major trends in the forecast period include continuous innovations in control algorithms, rapid developments in sensor technology, increasing research and development activities, integration with smart systems and evolution of lightweight acoustic materials.
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What Is The Crucial Factor Driving The Global Orbital Waste Disposal Market?
The rising satellite launches are expected to propel the growth of the orbital waste disposal market going forward. A satellite is a man-made device orbiting a planet to support communication, observation, or research activities. Satellite launches are increasing due to the rising demand for global connectivity and data services. Satellites are used in orbital waste disposal by tracking space debris and deploying technologies to capture, redirect, or deorbit defunct objects. For instance, in September 2022, according to the Government Accountability Office, a US-based government agency, as of spring 2022, there are nearly 5,500 active satellites in orbit, with projections suggesting the launch of an additional 58,000 by 2030. Therefore, the rising satellite launches is driving the growth of the orbital waste disposal market.
Segment Covered In The Orbital Waste Disposal Market Report
The orbital waste disposal market covered in this report is segmented –
1) By Service Type: Debris Removal, Satellite Deorbiting, Spacecraft Disposal
2) By Technology: Robotic Systems, Laser Systems, Tether Systems, Other Technologies
3) By End-User: Government, Commercial, Defense, Others End-Users
Subsegments:
1) By Debris Removal: Robotic Arm Systems, Harpoon-based Systems, Net-based Systems, Laser Ablation Systems
2) By Satellite Deorbiting: Controlled Re-entry Systems, Uncontrolled Re-entry Systems, Propulsion-based Systems, Tether-based Deorbiting
3) By Spacecraft Disposal: In-orbit Recycling, Controlled Burn-up Re-entry, Deep Space Disposal, Graveyard Orbit Relocation
What Are The Main Trends, Positively Impacting The Growth Of Orbital Waste Disposal Market?
Major companies operating in the orbital waste disposal market are focusing on technological advancements such as rendezvous and proximity operations (RPO), to enable precise debris identification, enhance safe removal capabilities, and support the long-term sustainability of satellite operations and orbital environments. Rendezvous and proximity operations (RPO) refer to a set of maneuvers and activities conducted by spacecraft to approach, operate near, and sometimes interact with other space objects. For instance, in February 2024, Astroscale Holdings Inc., a Japan-based space technology company, launched the Active Debris Removal by Astroscale-Japan (ADRAS-J) mission, a pioneering demonstration designed to approach, inspect, and characterize large orbital debris, supporting future debris removal and orbital sustainability initiatives. This innovative orbital waste disposal system features autonomous navigation, precision debris characterization, and real-time situational awareness, enabling it to safely identify, assess, and support the removal of hazardous space debris to ensure a sustainable orbital environment. The Active Debris Removal by Astroscale-Japan (ADRAS-J) mission is highly adaptable, enabling the safe inspection and assessment of various types of space debris by leveraging advanced autonomous navigation and imaging technologies for enhanced orbital sustainability.
Key Player In The Orbital Waste Disposal Market
Major Companies operating in the orbital waste disposal market are Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, Thales Group, Maxar Technologies, MDA Ltd., Rocket Lab USA Inc., Electro Optic Systems Holdings Limited, Electro Optic Systems Holdings Limited, Astroscale Holdings Inc., Surrey Satellite Technology Limited, ClearSpace SA, D-Orbit S.p.A, Starfish Space, Slingshot Aerospace Inc., Bellatrix Aerospace, Kall Morris Inc., Paladin Space Pty Ltd, Kurs Orbital S.r.l, Aviosonic Space Tech
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Orbital Waste Disposal Market Growth|Trends Report 2025
Global Orbital Waste Disposal Market - Regional Insights:
North America was the largest region in the orbital waste disposal market in 2024. Asia-Pacific and Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the orbital waste disposal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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