It says such services, ranging from launches to satellites’ end of life, are expected to generate $4.4 billion in revenue by 2031, with the involvement of more than 50 companies.
The six markets covered in the report comprise: Last Mile Logistics (LML), Life Extension, Active Debris Removal (ADR), On-orbit Assembly and Manufacturing (OOAM) and Space Situational Awareness (SSA).
It estimates Space Situational Awareness as the largest market, with earnings of $1.4 billion over the next ten years, and LML evaluated as ten times smaller. A continuously growing satellite demand and a congested orbital environment are fueling the need for SSA services, whilst satellite operators are endorsing SSA services to increase domain awareness and protect their assets both above and on the ground.
