Satellite Propulsion System Market 2018 Share: Top Players Are Thales, Boeing

The North America Satellite propulsion system market generated the highest revenue in 2017 owing to increasing applications in defense, government, and commercial sectors.

The global Satellite propulsion system market generated USD 19 billion in 2017 and is anticipated to grow at a CAGR of 5.3% during the forecast period according to a new study published by Polaris Market Research.

Brochure with Technological Advancements: http://bit.ly/2qkpdcc

Key vendors:
o Ball Aerospace & Technologies Corp.
o Thales Group
o Safran S.A
o Mitsubishi Electric Corporation
o Airbus Defense and Space
o Airbus Defense and Space
o The Boeing Company
o Orbital ATK Inc.
o Aerojet Rocketdyne
o OHB System AG
o Bellatrix Aerospace
o and Northrop Grumman Corporation.

• Satellite propulsion systems are developed to deliver precise impulse bits for accurate control of position or altitude of satellites. Some applications of satellite propulsion systems include orbital satellites and spacecraft, interplanetary spacecraft and probes, control of re-entry vehicles, automated resupply missions, ascent roll control and stabilisation of light to heavy launch vehicles, launch vehicle upper stage attitude, and orbital and roll control among others.

• The increasing demand for small satellites, and growing applications of satellites in the government sector for various purposes such as urban planning, border mapping, infrastructure security, and homeland security are contributing significantly to the growth of the Satellite propulsion system market.

View detailed Table of Content here
https://www.polarismarketresearch.com/industry-analysis/satellite-propulsion-system-market/

Market drivers:-

- Low-cost propulsion systems for micro and nano satellites
- Satellite Propulsion System Industry Trends

Increasing application of satellites in the commercial sector, and rising deployment of cubesats supplements the growth of this market. Growing demand from emerging economies, technological advancements, government initiatives, and investments in research and development are factors expected to support the Satellite propulsion system market growth during the forecast period.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Satellite Propulsion System Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Competitive Landscape and Key Vendors
• The leading companies profiled in the Satellite propulsion system market report include Ball Aerospace & Technologies Corp., Thales Group, Safran S.A, Mitsubishi Electric Corporation, Airbus Defense and Space, Airbus Defense and Space, The Boeing Company, Thales,Orbital ATK Inc., Aerojet Rocketdyne, OHB System AG, Bellatrix Aerospace, and Northrop Grumman Corporation.

About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

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Polaris Market Research
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