Press release
Satellite Propulsion System Market Size, Share, Market Intelligence, Company Profiles and Trends Forecast To 2022
Advent of low cost satellites and development of reusable space launch vehicles are some of the major factors driving the growth of the market. The usage of new-generation and reusable launch vehicles is paving the way for another successful and cost-effective makeover of the domain of satellite systems. In the recent years, a number of the countries are focused on innovative, cost-effective satellite launches.
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.)
Thales Group (France)
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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.
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
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