Satellite Propulsion System Market | Global Industry Size, Share, Trends, Segments and Regional Analysis By Aerojet Rocketdyne, Airbus, Boeing, OHB System, Safran, Ball Aerospace & Technologies, Mitsubishi Electric, Orbital ATK and Thales

Global Satellite Propulsion System Market by Propulsion Type (Chemical Propulsion, Hybrid Propulsion and All-electric propulsion), & by Region - Global Forecast to 2023.

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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Satellites are computer-controlled systems that can perform tasks such as thermal control, telemetry, power generation, attitude control, and orbit control. The data collected by satellites is used for various applications. The satellites are powered with various propulsion technologies, where chemical propulsion system has been the conventional approach for ensuring satellite propulsion. The global satellite propulsion system market is anticipated to grow at more than 5% CAGR, during the forecast period.

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.

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
• Europe
• 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.

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Table Of Contents

1... Executive Summary

2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
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

Continued............

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