Press release
Space Propulsion Market is Expected to Gain USD 24.01 Billion with a Growing CAGR of 14.01% by 2030
Data Bridge Market Research analyses that the space propulsion market was valued at USD 8.41 billion in 2022 and is expected to reach the value of USD 24.01 billion by 2030, at a CAGR of 14.01% during the forecast period.
Market Definition:
Spacecraft propulsion is defined as any technique which is used to accelerate artificial satellites and spacecraft. In-space propulsion exclusively deals with propulsion systems which is used in the vacuum space and should not be confused with atmospheric entry or space launch. The space propulsion market comprises related services by entities or sales of space propulsion products used to accelerate artificial satellites and spacecraft. Spacecraft are generally propelled by the usage of a rocket engine.
Some of the major players operating in the space propulsion market are:
Accion Systems (U.S.)
IHI Corporation (Japan)
Ball Corporation (U.S.)
Dawn Aerospace
Safran (France)
SpaceX (U.S.)
Northrop Grumman Corporation (U.S.)
Blue Origin (U.S.)
Moog Inc. (U.S.)
Lockheed Martin Corporation (U.S.)
OHB SE (Germany)
Sierra Nevada Corporation (U.S.)
Thales Group (France)
Honeywell International Inc. (U.S.)
Airbus (France)
Cobham Limited (U.K.)
L3Harris Technologies Inc. (U.S.)
Boeing (U.S.)
Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-space-propulsion-market
Space Propulsion Market Scope:
The global space propulsion market is segmented based on the propulsion type, system component, support services, orbit, platform and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Propulsion Type:
Chemical Propulsion
Solid
Homogenous
Composite/Heterogeneous
Liquid
Monopropellant
Non-Green
Green
Bi-Propellant
Cryogenic
Hypergolic
Hybrid
Cold gas
Non-Chemical Propulsion
Electric or Iron Propulsion
Electrothermal
Argon
Hydrogen
Others
Electromagnetic
Pile
Electrostatic
Xenon
Krypton
Others
Solar Propulsion
Solar Sail Propulsion
Solar Electric Propulsion
Solar Thermal Propulsion
Tether Propulsion
Nuclear Propulsion
Laser Propulsion
System Component:
Nozzle
Power Processing Unit
Propellant Feed System
Propellant Tanks
Monopropellant Tanks
Bipropellant Tanks
Oxidiser Tanks
Flow and Pressure Regulators
Valves
Turbopumps
Combustion Chambers
Rocket Motors
Thermal Control System
Thrusters
Chemical thrusters
Cold and Warm gas Thrusters
Monopropellant Thrusters
Bipropellant Thruster
Electric or Iron Thruster
Gridded Electrostatic Ion thrusters
Hall Effect Thrusters
Field-emission Electric Propulsion
Pulsed Plasma Thruster
Support Services:
Design
Engineering and Operation
Fueling and Launch Support and Hot Firing
Environmental Test Execution
Orbit:
Beyond Geosynchronous Orbit
Geosynchronous Orbit
Low Earth Orbit
Medium Earth Orbit
Platform:
Satellite
Cubesats
Small Satellites
Nanosatellites
Microsatellites
Minisatellites
Medium Satellites (500-2,500kg)
Large Satellites (>2,500kg)
Capsules/Cargos
Crewed Spacecraft or Human Space Flight
Uncrewed or Unmanned Spacecraft
Interplanetary Spacecraft and Forbes
Rovers/Spacecraft Landers
Launch Vehicles
Small Launch Vehicles (350,000Kg)
Reusable Launch Vehicles
End-User:
Commercial
Satellite Operators and Owners
Space Launch Service Providers
Government and Defence
Department of Defence
National Space Agencies
Others
Browse Full Report Along with Facts and Figures @ https://www.databridgemarketresearch.com/reports/global-space-propulsion-market
Space Propulsion Market Regional Analysis/Insights:
The space propulsion market is analyzed and market size insights and trends are provided by country, propulsion type, system component, support services, orbit, platform and end-user as referenced above.
The countries covered in the space propulsion market report are report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the space propulsion market in revenue growth owing to rise in the demand for imaging satellites and commercial communication in this region. Moreover, growing demand for resupply missions for International Space Station will enhance the market growth rate in this region.
Asia-Pacific is projected to be the fastest developing region during the forecast period of 2023-2030. This is mainly owing to increasing space exploration missions for interplanetary observations and rising the deployment of small satellites in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Browse DBMR Trending Report:
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Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies ly and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
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Data Bridge Market Research
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United Kingdom: +44 208 089 1725
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