Satellite Propulsion System Market

Global Satellite Propulsion System Market Research
Report - Forecast to 2025
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2025
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Global Satellite Propulsion System Market Forecast to 2025
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
The global Satellite Propulsion System Market is expected to grow at more than 5% CAGR during the period
2017 to 2023.
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.
Global Satellite Propulsion System Market Forecast to 2025
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
Global Satellite Propulsion System Market Forecast to 2025
Global Market for Marine Navigation System Market – Competitive Dashboard
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.) and Thales Group (France).
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Global Satellite Propulsion System Market Forecast to 2025
Key Players:
Some of the players leading the market and profiled in the analysis are Sleepbox (U.S.), GoSleep (U.S.),
SnoozeCube (U.A.E), Minute Suites (U.S.), Napcabs (Germany), 9hours (Japan), Snooze At My Space (India),
JetQuay (Singapore), MetroNaps (U.S.), Zzzleepandgo (Italy), and YOTEL (U.K) among others.
Industry/Innovation/Related News:
December 11, 2018 --- Perth Airport (Australia), inaugurated its sleeping pods installed at T1 precinct for
travelers who want to catch up on sleep between flights. These pods are provided in partnership with
Smarte Carte and Finnish company GoSleep. Authorities at the Perth are certain that the sleeping pods
would be ideal for passengers who either arrived early or had connecting flights with some time in between.
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