Global In-Orbit Satellite Services Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

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. The Global In-Orbit Satellite Services Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Global In-Orbit Satellite Services Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global In-Orbit Satellite Services Market drivers, barriers, Global In-Orbit Satellite Services Market Trends, and Key Players in Global In-Orbit Satellite Services Market.

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Global In-Orbit Satellite Services Market Dynamics: 2025-2030

Market Dynamics

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.

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Global In-Orbit Satellite Services Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Type of Services

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

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

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

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

(Here, Life extension in-orbit satellite services witnessed significant growth in the past years and are expected to demonstrate consistent growth in the forecast years.) 

By Orbit

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

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

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

By End User

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

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

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.)

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Global 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.

Global In-Orbit Satellite Services Market

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.

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