Space Propulsion System Market By Type (Chemical Propulsion, Non Chemical Propulsion), By Class of Orbit (Elliptical, GEO, LEO, MEO), By End User (Civil and Earth Observation, Government and Military, Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2031
Space propulsion system is used to provide thrust to rockets, and to monitor and maneuver the artificial satellites. Moreover, after the initial injection from the launcher, the propulsion system is used for orbital control to deploy the satellite at the desired location. It further keeps the satellite in proper location during its active time. When a satellite reaches its end of life (EOL), the propulsion system is utilized to inject it into a distant orbit. Aside from orbit control, the propulsion system is critical for satellite attitude control.
For the purpose of analysis, the space propulsion system market scope covers segmentation based on based on propulsion type, component, platform, and region. The report provides information on various types of propulsion systems such as chemical propulsion and non-chemical propulsion. It further emphasizes on different classes of orbit, including elliptical, GEO, LEO, and MEO. In addition, the major end users covered in the study include civil & earth observation, government & military, and commercial. Moreover, it analyzes the current market trends of space propulsion system across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.
The key players profiled in this report include Accion Systems, ArianeGroup, IHI Corporation, Moog Inc., Mitsubishi Heavy Industries, Ltd., Northrop Grumman Corporation, OHB SE, Sierra Nevada Corporation, Thales Group, and Vacco Industries
KEY BENEFITS FOR STAKEHOLDERS
This study presents analytical depiction of the global space propulsion system market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall space propulsion system market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities of the global space propulsion system market with a detailed impact analysis.
The current space propulsion systemmarket is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.
Key Market Segments
By Type
Chemical Propulsion
Non Chemical Propulsion
By Class of Orbit
Elliptical
GEO
LEO
MEO
By End User
Civil and Earth Observation
Government and Military
Commercial
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
OHB SE
Sierra Nevada Corporation
Thales Group
Vacco Industries
Accion Systems
Ariane Group
IHI Corporation
Moog Inc
Mitsubishi Heavy Industries Ltd
Northrop Grumman Corporation
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook