Space Propulsion System Market - Global and Regional Analysis, Focusing on Size, Share, Growth and Forecast (2022-2026)

Posted January 4, 2023 by Urmila01

The Global Space Propulsion System Market size is estimated to reach $14.9 billion by 2026, growing at a CAGR of 12.3% over the forecast period of 2022-2026.

Any approach used to accelerate spacecraft and artificial satellites is called spacecraft propulsion. In-space propulsion is distinct from a space launch or atmospheric entry since it deals only with propulsion systems employed in the vacuum of space. There have been several techniques of pragmatic spaceship propulsion devised, each with its own set of disadvantages and benefits. For orbital station-keeping, most satellites utilize primary chemical thrusters (typically monopropellant rockets) or resist jet rockets, while others use momentum wheels for attitude control.

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Top Key Players Profiled in this report are:
Key Market Players
Key Players in the Global Space Propulsion System Market consist of Safran S.A., Aerojet Rocketdyne Holdings, Inc., SpaceX, IHI Corporation, and Northrop Grumman Corporation, among others.

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2022 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.
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Impact of COVID-19:
The economic downturn brought on by the COVID pandemic-19 and population control may have reshuffled the deck and ushered in a new era in space exploration. They influence the space industry similarly to all other industrial sectors. However, the impact varies depending on the activity. Launch dates have been postponed, numerous satellite production lines have been shut down, and private finance has dried up, disorganizing fledgling operators and exposing new flaws here and there.
Report Coverage and Scope
The report "Global Space Propulsion System Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Platform
• Satellites
o Cubeseats
o Small Satellites
 Nanosatellites
 Micro Satellites
 Mini Satellites
o Medium Satellites
o Large Satellites
• Capsules/ Cargos
o Crewed Spacecraft
o Uncrewed Spacecraft
• Interplanetary Spacecraft and Probes
• Rovers/ Spacecraft Landers
• Launch Vehicles
o Small Launch Vehicles
o Medium to Heavy Launch Vehicles
o Reusable Launch Vehicles
By Orbit
o Low Earth Orbit (LEO)
o Medium Earth Orbit (MEO)
o Geostationary Earth Orbit (GEO)
o Beyond Geosynchronous Orbit

By End Users
o Commercial
o Government & Defence

By Geography
o North America
o Europe
o RoW

1. What is Space Propulsion System?
1. What is the Space Propulsion System market share?
2. What are the key factors driving the Space Propulsion System Market?
3. What are the top companies in the Space Propulsion System Market?
4. Which region has largest share in Global Space Propulsion System Market?

Chapter 1 Space Propulsion System Market Overview
1.1 Product Overview and Scope of Space Propulsion System
1.2 Space Propulsion System Market Segmentation By Platform
1.2.1 Satellites
1.2.2 Capsules/ Cargos
1.2.3 Interplanetary Spacecraft and Probes
1.2.4 Rovers/ Spacecraft Landers
1.2.5 Launch Vehicles
1.3 Space Propulsion System Market Segmentation By Propulsion Type
1.3.1 Chemical Propulsion
1.3.2 Non-Chemical Propulsion
1.3.3 Tether Propulsion
1.3.4 Nuclear Propulsion
1.3.5 Laser Propulsion
1.4 Space Propulsion System Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Space Propulsion System (2016-2021)

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Tags space propulsion system market , space propulsion system
Last Updated January 4, 2023