Satellite Propulsion System Market Highlights
The chemical propellants are associated with most of the space programs pose environmental concerns, including severe atmospheric, ground-based, biological, and space-based impacts. Therefore, many initiatives have been taken by the global space agencies and satellite operators to reduce the dependence on chemical-powered propulsion systems. For example, in the recent years, NASA has been working with the private industry partners to launch a spacecraft, which would use high-performance and non-toxic green fuel.
The key players of the global satellite propulsion system market are Aerojet Rocketdyne (U.S.), Airbus Defense and Space (France), Bellatrix Aerospace (India), Boeing (U.S.), OHB System AG (Germany), Safran S.A. (France), Ball Aerospace & Technologies Corp. (U.S.), Mitsubishi Electric Corporation (Japan), Orbital ATK Inc. (U.S.) and Thales Group (France).
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- Satellite propulsion system manufacturers
- Space companies
- Technology companies
- Government authorities
- Research institutes
- Regulatory bodies
Scope of the Report
This study provides an overview of the global Satellite Propulsion System Market, tracking one market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global satellite propulsion system market by its propulsion type and region.
By Propulsion Type
- Chemical Propulsion
- Hybrid Propulsion
- All-electric propulsion
- By Region
- Asia Pacific
- North America
- Rest of World
Market Research Analysis
The global satellite propulsion system market has been analyzed, based on the two segments, namely propulsion type and regions.
On the basis of propulsion type, the global satellite propulsion system market is segmented as chemical propulsion, hybrid propulsion and all-electric propulsion. Chemical propulsion accounted for the largest share in 2016. Chemical propulsion systems are the traditionally used propulsion systems. They carry a substantial amount of fuel for the satellite missions, which is not possible in the case of nano and microsatellite designs.
The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.
In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.
In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.
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Table of Contents
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Satellite Propulsion System Market, by Propulsion Type
1.1.2. Global Satellite Propulsion System Market, by Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
List of Tables
Table 1 Global Satellite Propulsion System Market, by Region, 2019–2025
Table 2 North America: Satellite Propulsion System Market, by Country, 2019–2025
Table 3 Europe: Satellite Propulsion System Market, by Country, 2019–2025
Table 4 Asia-pacific: Satellite Propulsion System Market, by Country, 2019–2025
Table 5 Rest of the World: Satellite Propulsion System Market, by Region, 2019–2025
Table 6 Global Satellite Propulsion System Market Size, by Region, 2019–2025
Table 7 North America: Satellite Propulsion System Market Size, by Country, 2019–2025
Table 8 Europe: Satellite Propulsion System Market Size, by Country, 2019–2025
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
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