Satellite/Spacecraft Propulsion System Market Research Report 2019 published By Market Research Future, provides information on Global Satellite Propulsion System Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Propulsion Type (Chemical Propulsion, Hybrid Propulsion and All-electric propulsion), & by Region – Global Forecast to 2023
Global Satellite Propulsion System Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
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) are some of the leading players operating in the global satellite propulsion system market.
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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 global satellite propulsion system market is expected to grow at more than 5% CAGR during the period 2017 to 2023.
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
- 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.
As of 2016, North America dominated the global satellite propulsion system market, with U.S accounted for the largest share. The countries in the region have advanced infrastructures and are involved in various space programs. Companies, such as National Aeronautics and Space Administration (NASA) and SpaceX, in the U.S., are developing new systems (such as the reusable satellite launch vehicle) that can be used for multiple satellite launch missions and to meet the growing demand for satellites in the future.
Table of Contents
1… Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3… Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/value Chain Analysis
3.4 Porter’s Five Forces Analysis
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