Novaspace projects $3 billion in-orbit servicing market over next decade

Novaspace projects that the in-orbit servicing market will reach approximately $3 billion in cumulative revenue over the next decade. The market intelligence firm identifies a transition toward satellite life-extension, refueling, and orbital maneuver services as operators seek to enhance fleet resilience amid increasing orbital congestion.

Satellite refueling is expected to be the largest segment, projected to generate $1.2 billion. This demand is largely driven by defense agencies adopting Dynamic Space Operations to maintain maneuverability. Additionally, life-extension services are estimated to earn $860 million, while active debris removal and orbital transfer services will account for the remaining market value.