Satellite Propulsion System Global Market 2018-2023 | Regional Forecast By Size, Share, Trends, Growth Factors and Leading Players
Satellite Propulsion System Market Research Report 2018 published By Market Research Future, provides information on Satellite Propulsion System Industry Analysis, Market Growth and Opportunity Assessment, Segmentation by Propulsion Type (Chemical Propulsion, Hybrid Propulsion and All-electric propulsion), & by Region – Global Forecast to 2023
Pune , India – November 12, 2018 /MarketersMedia/ —
Satellite Propulsion System Market Highlights
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.
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.
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Key Players
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)
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.
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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