- By Component (Payload Adaptor, Avionics, ….., ……)
- By Application (Orbital Transfer, In-Orbit Servicing)
- By In-Orbit Servicing (Refueling, ….., ……)
SPACE TUG MARKET REPORT CUSTOMIZATION Request Sample PDF for Undisclosed Values
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REPORT OVERVIEW
The Space Tug Market report presents a detailed analysis of current industry trends, future growth opportunities, and the competitive landscape. It includes market forecasts, supply chain dynamics, and key technological advancements such as orbital transfer capabilities, in-space servicing, and debris removal technologies. The report highlights major industry developments, go-to-market strategies, merger and acquisition opportunities, and regional growth drivers fueled by increasing satellite deployment, space exploration initiatives, and the demand for sustainable space operations. It offers actionable insights for stakeholders to leverage emerging opportunities and successfully navigate this rapidly advancing market.
Space Tug or Orbital Transfer Vehicle (OTV) refers to the spacecraft utilized to transfer objects in space from one orbit to another. The space tugs are also utilized to carry multiple satellites to place them in respective orbit after separation from launch vehicle. Applications of space tug in space debris removal or a mission extension vehicle provides a cost-effective solution to satellite fleet owners.
Rising demand of satellite constellations and increased number of space debris significantly boost the space tug market owing to its potential applications in-orbit servicing such as refueling, space debris removal, cargo supply and so on. For instance, NASA has requested USD 180 million budget in FY2024 for technology development of space tug to deorbit International Space Station (ISS). ISS is about to reach its end of life by 2030. Therefore, NASA has planned to deorbit this 356-foot-wide laboratory over ocean or unpopulated area through space tug. Hence, such applications of space tug proliferate the market growth globally.
DRIVING FACTORS FOR GLOBAL SPACE TUG MARKET OUTLOOK
Diverse Applications in Orbit Raising and Space Debris Removal is Key Driving Factor in Space Tug Market Forecast
Recent developments in space tug have showcased the potential advantages of such spacecraft in orbit transfer, space debris mitigation, mission life extension and so on. Major market players such as Exotrail, D-Orbit, Momentus Space, Northrop Grumman and so on have demonstrated the capability of their space tug. For instance, in May 2023, Momentus Space demonstrated a successful orbit raising maneuver through Vigoride space tug. Vigoride utilizes water-based Microwave Electrothermal Thruster (MET) to navigate the spacecraft.
In a similar development, D-Orbit has also demonstrated the ION satellite carrier, a space tug, in December 2023. Besides, small scale space tug, Roscosmos has slated the plan for nuclear powered space tug called Zevs by the year 2030. Such advancements will pave the way for interplanetary orbit transfer through space tug. Hence, such diverse applications of space tug catalyze market growth globally.
Global Space Economy (in USD Billion)
KEY INDUSTRY PLAYERS
Key Players are Focusing on Technological Advancements to increase the Global Space Tug Market Share
The global space tug market is consolidated in nature with the presence of key players such as Northrop Grumman Corporation, D-Orbit, Momentus Space and so on. These players are focusing on developing advanced space tug with characteristics such as high payload capacity, in-orbit servicing, electric propulsion and so on. Other players such as Absolut System, ArianeGroup, Astroscale, ASTRAIT Space, Atomos Space, Bellatrix Aerospace, Blue Origin, Starfish Space and so on have also laid the plans or demonstrated the space tug for various applications.
LIST OF KEY MARKET PLAYERS
- D-Orbit (Italy)
- Exotrail (France)
- Firefly Aerospace (U.S.)
- Momentus Space (U.S.)
- Moog (U.S.)
- Northrop Grumman (U.S.)
- Rocket Lab (U.S.)
- Roscosmos (Russia)
- Skyrora (Scotland)
- Space Machines Company (Australia)
- Thales Alenia Space (France)
KEY INDUSTRY DEVELOPMENTS:
NASA has requested USD 180 million budget in FY2024 for technology development of space tug to deorbit International Space Station (ISS). ISS is about to reach it end of life by 2030. Therefore, NASA has planned to deorbit this 356-foot-wide laboratory over ocean or unpopulated area through space tug.
In May 2023, Momentus Space demonstrated a successful orbit raising maneuver through Vigoride space tug. Vigoride utilizes water-based Microwave Electrothermal Thruster (MET) to navigate the spacecraft.
SPACE TUG MARKET REPORT SCOPE & SEGMENTATION
| Study Period | 2023-2032 |
|---|---|
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Unit | Value (USD Billion) |
| Market Segmentation | By Component
|
By Application
| |
| By Geography |
|
Frequently Asked Questions
Space Tug or Orbital Transfer Vehicle (OTV) refers to the spacecraft utilized to transfer objects in space from one orbit to another. The space tugs are also utilized to carry multiple satellites to place them in respective orbit after separation from launch vehicle. Applications of space tug in space debris removal or a mission extension vehicle provides a cost-effective solution to satellite fleet owners.
Space Tugs are utilized applications such as in space logistics, space debris removal, spacecraft refueling and so on.
Diverse Applications in Orbit Raising and Space Debris Removal is Key Driving Factor in Space Tug Market Forecast
Some of the top players in the market are Northrop Grumman Corporation, D-Orbit, Momentus Space and so on.
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Market Penetration Strategies – Merger & Acquisition, Partnership & Collaboration, R&D Investment and Others
4.2. Regulatory Landscape
4.3. Supply Chain Analysis
4.4. Latest Technological Advancements
5. Global Space Tug Market Analysis, Insights and Forecast, 2023-2032
5.1 Key Findings / Definition
5.2. Market Analysis, Insights and Forecast – By Component
5.2.1. Payload Adaptor
5.2.2. Avionics
5.2.3. …..
5.2.4. …..
5.2.5. …..
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Orbital Transfer
5.3.2. In-Orbit Servicing
5.4. Market Analysis, Insights and Forecast – By In-Orbit Servicing
5.4.1. Refuelling
5.4.2. Others
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Rest of the World
6. North America Space Tug Market Analysis, Insights and Forecast, 2023-2032
6.1. Market Analysis, Insights and Forecast – By Component
6.1.1. Payload Adaptor
6.1.2. Avionics
6.1.3. …..
6.1.4. …..
6.1.5. …..
6.2. Market Analysis, Insights and Forecast – By Application
6.2.1. Orbital Transfer
6.2.2. In-Orbit Servicing
6.3. Market Analysis, Insights and Forecast – By In-Orbit Servicing
6.3.1. Refuelling
6.3.2. Others
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.1.1. Market Analysis, Insights and Forecast – By Application
6.4.1.1.1. Orbital Transfer
6.4.1.1.2. In-Orbit Servicing
6.4.2. Canada
6.4.2.1. Market Analysis, Insights and Forecast – By Application
6.4.2.1.1. Orbital Transfer
6.4.2.1.2. In-Orbit Servicing
7. Europe Space Tug Market Analysis, Insights and Forecast, 2023-2032
7.1. Market Analysis, Insights and Forecast – By Component
7.1.1. Payload Adaptor
7.1.2. Avionics
7.1.3. …..
7.1.4. …..
7.1.5. …..
7.2. Market Analysis, Insights and Forecast – By Application
7.2.1. Orbital Transfer
7.2.2. In-Orbit Servicing
7.3. Market Analysis, Insights and Forecast – By In-Orbit Servicing
7.3.1. Refuelling
7.3.2. Others
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. U.K.
7.4.1.1. Market Analysis, Insights and Forecast – By Application
7.4.1.1.1. Orbital Transfer
7.4.1.1.2. In-Orbit Servicing
7.4.2. Germany
7.4.2.1. Market Analysis, Insights and Forecast – By Application
7.4.2.1.1. Orbital Transfer
7.4.2.1.2. In-Orbit Servicing
7.4.3. France
7.4.3.1. Market Analysis, Insights and Forecast – By Application
7.4.3.1.1. Orbital Transfer
7.4.3.1.2. In-Orbit Servicing
7.4.4. Russia
7.4.4.1. Market Analysis, Insights and Forecast – By Application
7.4.4.1.1. Orbital Transfer
7.4.4.1.2. In-Orbit Servicing
7.4.5. Rest of Europe
7.4.5.1. Market Analysis, Insights and Forecast – By Application
7.4.5.1.1. Orbital Transfer
7.4.5.1.2. In-Orbit Servicing
8. Asia Pacific Space Tug Market Analysis, Insights and Forecast, 2023-2032
8.1. Market Analysis, Insights and Forecast – By Component
8.1.1. Payload Adaptor
8.1.2. Avionics
8.1.3. …..
8.1.4. …..
8.1.5. …..
8.2. Market Analysis, Insights and Forecast – By Application
8.2.1. Orbital Transfer
8.2.2. In-Orbit Servicing
8.3. Market Analysis, Insights and Forecast – By In-Orbit Servicing
8.3.1. Refuelling
8.3.2. Others
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.1.1. Market Analysis, Insights and Forecast – By Application
8.4.1.1.1. Orbital Transfer
8.4.1.1.2. In-Orbit Servicing
8.4.2. India
8.4.2.1. Market Analysis, Insights and Forecast – By Application
8.4.2.1.1. Orbital Transfer
8.4.2.1.2. In-Orbit Servicing
8.4.3. Japan
8.4.3.1. Market Analysis, Insights and Forecast – By Application
8.4.3.1.1. Orbital Transfer
8.4.3.1.2. In-Orbit Servicing
8.4.4. South Korea
8.4.4.1. Market Analysis, Insights and Forecast – By Application
8.4.4.1.1. Orbital Transfer
8.4.4.1.2. In-Orbit Servicing
8.4.5. Rest of Asia Pacific
8.4.5.1. Market Analysis, Insights and Forecast – By Application
8.4.5.1.1. Orbital Transfer
8.4.5.1.2. In-Orbit Servicing
9. Rest of the World Space Tug Market Analysis, Insights and Forecast, 2023-2032
9.1. Market Analysis, Insights and Forecast – By Component
9.1.1. Payload Adaptor
9.1.2. Avionics
9.1.3. …..
9.1.4. …..
9.1.5. …..
9.2. Market Analysis, Insights and Forecast – By Application
9.2.1. Orbital Transfer
9.2.2. In-Orbit Servicing
9.3. Market Analysis, Insights and Forecast – By In-Orbit Servicing
9.3.1. Refuelling
9.3.2. Others
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Middle East and Africa
9.4.1.1. Market Analysis, Insights and Forecast – By Application
9.4.1.1.1. Orbital Transfer
9.4.1.1.2. In-Orbit Servicing
9.4.2. Latin America
9.4.2.1. Market Analysis, Insights and Forecast – By Application
9.4.2.1.1. Orbital Transfer
9.4.2.1.2. In-Orbit Servicing
10. Competitive Analysis
10.1. Global Market Rank Analysis (2023)
10.2. Competitive Dashboard
11. Company Profiles (Overview, Products & Services, Financials (Based on Availability), Recent Developments, Strategies, SWOT Analysis)
11.1. D-Orbit (Italy)
11.2. Exotrail (France)
11.3. Firefly Aerospace (U.S.)
11.4. Momentus Space (U.S.)
11.5. Moog (U.S.)
11.6. Northrop Grumman (U.S.)
11.7. Rocket Lab (U.S.)
11.8. Roscosmos (Russia)
11.9. Skyrora (Scotland)
11.10. Space Machines Company (Australia)
11.11. Thales Alenia Space (France)
Table 1: Global Space Tug Market, (USD Billion) Forecast, By Component, 2023-2032
Table 2: Global Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 3: Global Space Tug Market, (USD Billion) Forecast, By In-Orbit Servicing, 2023-2032
Table 4: Global Space Tug Market (USD Billion) Forecast, By Region, 2023-2032
Table 5: North America Space Tug Market, (USD Billion) Forecast, By Component, 2023-2032
Table 6: North America Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 7: North America Space Tug Market, (USD Billion) Forecast, By In-Orbit Servicing, 2023-2032
Table 8: North America Space Tug Market (USD Billion) Forecast, By Country, 2023-2032
Table 9: U.S. Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 10: Canada Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 11: Europe Space Tug Market, (USD Billion) Forecast, By Component, 2023-2032
Table 12: Europe Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 13: Europe Space Tug Market, (USD Billion) Forecast, By In-Orbit Servicing, 2023-2032
Table 14: Europe Space Tug Market (USD Billion) Forecast, By Country, 2023-2032
Table 15: U.K. Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 16: Germany Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 17: France Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 18: Russia Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 19: Rest of Europe Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 20: Asia Pacific Space Tug Market, (USD Billion) Forecast, By Component, 2023-2032
Table 21: Asia Pacific Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 22: Asia Pacific Space Tug Market, (USD Billion) Forecast, By In-Orbit Servicing, 2023-2032
Table 23: Asia Pacific Space Tug Market (USD Billion) Forecast, By Country, 2023-2032
Table 24: China Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 25: India Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 26: Japan Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 27: South Korea Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 28: Rest of Asia Pacific Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 29: Rest of the World Space Tug Market, (USD Billion) Forecast, By Component, 2023-2032
Table 30: Rest of the World Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 31: Rest of the World Space Tug Market, (USD Billion) Forecast, By In-Orbit Servicing, 2023-2032
Table 32: Rest of the World Space Tug Market (USD Billion) Forecast, By Country, 2023-2032
Table 33: Middle East and Africa Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Table 34: Latin America Space Tug Market, (USD Billion) Forecast, By Application, 2023-2032
Figure 1: Global Space Tug Market Revenue Breakdown (USD Billion, %) By Region, 2024 & 2032
Figure 2: Global Space Tug Market (%) Breakdown By Component, 2023 & 2032
Figure 3: Global Space Tug Market(USD Billion) Breakdown By Payload Adaptor, 2023-2032
Figure 4: Global Space Tug Market(USD Billion) Breakdown By Avionics, 2023-2032
Figure 5: Global Space Tug Market(USD Billion) Breakdown By ….., 2023-2032
Figure 6: Global Space Tug Market(USD Billion) Breakdown By ….., 2023-2032
Figure 7: Global Space Tug Market(USD Billion) Breakdown By ….., 2023-2032
Figure 8: Global Space Tug Market (%) Breakdown By Application, 2023 & 2032
Figure 9: Global Space Tug Market(USD Billion) Breakdown By Orbital Transfer, 2023-2032
Figure 10: Global Space Tug Market(USD Billion) Breakdown By In-Orbit Servicing, 2023-2032
Figure 11: Global Space Tug Market (%) Breakdown By In-Orbit Servicing, 2023 & 2032
Figure 12: Global Space Tug Market(USD Billion) Breakdown By Refuelling, 2023-2032
Figure 13: Global Space Tug Market(USD Billion) Breakdown By Others, 2023-2032
Figure 14: Global Space Tug Market Share (%) By Region, 2023 & 2032
Figure 15: North America Space Tug Market Value (USD Billion) By Component, 2023 & 2032
Figure 16: North America Space Tug Market Value Share (%) By Component, 2023
Figure 17: North America Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 18: North America Space Tug Market Value Share (%) By Application, 2023
Figure 19: North America Space Tug Market Value (USD Billion) By In-Orbit Servicing, 2023 & 2032
Figure 20: North America Space Tug Market Value Share (%) By In-Orbit Servicing, 2023
Figure 21: North America Space Tug Market Value (USD Billion) By Country, 2023 & 2032
Figure 22: North America Space Tug Value Share (%) By Country, 2023
Figure 23: U.S. Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 24: U.S. Space Tug Market Value Share (%) By Application, 2023
Figure 25: Canada Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 26: Canada Space Tug Market Value Share (%) By Application, 2023
Figure 27: Europe Space Tug Market Value (USD Billion) By Component, 2023 & 2032
Figure 28: Europe Space Tug Market Value Share (%) By Component, 2023
Figure 29: Europe Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 30: Europe Space Tug Market Value Share (%) By Application, 2023
Figure 31: Europe Space Tug Market Value (USD Billion) By In-Orbit Servicing, 2023 & 2032
Figure 32: Europe Space Tug Market Value Share (%) By In-Orbit Servicing, 2023
Figure 33: Europe Space Tug Market Value (USD Billion) By Country, 2023 & 2032
Figure 34: Europe Space Tug Value Share (%) By Country, 2023
Figure 35: U.K. Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 36: U.K. Space Tug Market Value Share (%) By Application, 2023
Figure 37: Germany Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 38: Germany Space Tug Market Value Share (%) By Application, 2023
Figure 39: France Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 40: France Space Tug Market Value Share (%) By Application, 2023
Figure 41: Russia Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 42: Russia Space Tug Market Value Share (%) By Application, 2023
Figure 43: Rest of Europe Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 44: Rest of Europe Space Tug Market Value Share (%) By Application, 2023
Figure 45: Asia Pacific Space Tug Market Value (USD Billion) By Component, 2023 & 2032
Figure 46: Asia Pacific Space Tug Market Value Share (%) By Component, 2023
Figure 47: Asia Pacific Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 48: Asia Pacific Space Tug Market Value Share (%) By Application, 2023
Figure 49: Asia Pacific Space Tug Market Value (USD Billion) By In-Orbit Servicing, 2023 & 2032
Figure 50: Asia Pacific Space Tug Market Value Share (%) By In-Orbit Servicing, 2023
Figure 51: Asia Pacific Space Tug Market Value (USD Billion) By Country, 2023 & 2032
Figure 52: Asia Pacific Space Tug Value Share (%) By Country, 2023
Figure 53: China Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 54: China Space Tug Market Value Share (%) By Application, 2023
Figure 55: India Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 56: India Space Tug Market Value Share (%) By Application, 2023
Figure 57: Japan Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 58: Japan Space Tug Market Value Share (%) By Application, 2023
Figure 59: South Korea Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 60: South Korea Space Tug Market Value Share (%) By Application, 2023
Figure 61: Rest of Asia Pacific Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 62: Rest of Asia Pacific Space Tug Market Value Share (%) By Application, 2023
Figure 63: Rest of the World Space Tug Market Value (USD Billion) By Component, 2023 & 2032
Figure 64: Rest of the World Space Tug Market Value Share (%) By Component, 2023
Figure 65: Rest of the World Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 66: Rest of the World Space Tug Market Value Share (%) By Application, 2023
Figure 67: Rest of the World Space Tug Market Value (USD Billion) By In-Orbit Servicing, 2023 & 2032
Figure 68: Rest of the World Space Tug Market Value Share (%) By In-Orbit Servicing, 2023
Figure 69: Rest of the World Space Tug Market Value (USD Billion) By Country, 2023 & 2032
Figure 70: Rest of the World Space Tug Value Share (%) By Country, 2023
Figure 71: Middle East and Africa Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 72: Middle East and Africa Space Tug Market Value Share (%) By Application, 2023
Figure 73: Latin America Space Tug Market Value (USD Billion) By Application, 2023 & 2032
Figure 74: Latin America Space Tug Market Value Share (%) By Application, 2023
Figure 75: Global Space Tug Market Rank Analysis, By Key Players, 2023
SPACE TUG MARKET REPORT SCOPE & SEGMENTATION
| Study Period | 2023-2032 |
|---|---|
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Unit | Value (USD Billion) |
| Market Segmentation | By Component
|
By Application
| |
| By Geography |
|