Satellite propulsion systems are used to accelerate/power a satellite into the orbit.
Chemical propulsion systems are the traditionally used propulsion systems that can carry a huge amount of fuel for satellite missions and enhances the limits and weight of the payload-carrying capacity of satellites. This market research report estimates that the chemical propulsion systems segment accounted for the majority of market shares during 2016 and will continue to dominate the satellite propulsion system market during the forecast period.
During 2017, the Americas contributed to the maximum share of the market and the region is expected to continue its dominance in the satellite propulsion system market during the next few years as well. The increasing number of space-based programs conducted by various countries such as the US, Canada, Brazil, and Mexico will be major factor driving the demand for satellite propulsion systems in this region.
The report outlines the development of diverse regions and countries by including the market size, volume and value. It also contains the manufacturers data such as batch, price revenue, profit, interview record and business distributors.
The Satellite Propulsion Systems market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Global market, the following companies are covered:
Boeing
OHB SE
Safran
Thales
Airbus
Ball Corporation
Mitsubishi Electric
Aerojet Rocketdyne
Bellatrix Aerospace
Orbital ATK
Market Segment by Product Type
Chemical Propulsion Satellites
Hybrid Propulsion Satellites
All-Electric Propulsion Satellites
Market Segment by Application
Low Earth Orbits Satellites
Geosynchronous Satellites
Geostationary Satellites
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the companys product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Satellite Propulsion Systems market for the forecast period 2020 - 2025?
• What are the driving forces in the Satellite Propulsion Systems market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Satellite Propulsion Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?