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Space Propulsion System Market Research report, size, share, Application


The global space propulsion system market size is expected to reach 19.97 billion in 2028 and register a revenue CAGR of 14.6% in 2028, according to latest analysis by Emergen Research. Market revenue growth can be attributed to increasing emphasis on decreasing costs associated with space missions. – PowerPoint PPT presentation

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Title: Space Propulsion System Market Research report, size, share, Application

Space Propulsion System Market Report 2020-2028
Rising emphasis on decreasing costs associated
with space missions is a significant factor
driving global space propulsion system market
revenue growth
Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
Demand Analysis
Risk Analysis
Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
Customer Identification Survey
Competitive Landscape / MA Feasibility
Industries We Cater to
Market Summary
The global space propulsion system market size is
expected to reach 19.97 billion in 2028 and
register a revenue CAGR of 14.6 in 2028,
according to latest analysis by Emergen Research.
Market revenue growth can be attributed to
increasing emphasis on decreasing costs
associated with space missions. Space propulsion
system, particularly non-chemical propulsion,
enables mass reduction of satellites and other
spacecraft, resulting in reduced cost of
launching a specific mission or launch of more
advanced and efficient spacecraft for a
particular mass. Airbus Defense and Space is
utilizing electric space propulsion systems for
the purpose of orbital station keeping for over a
decade and is focusing on construction of large
satellites, deploying only electric space
propulsion systems for initial orbit
raising. Increasing investments in space
exploration and rising number of space
exploration missions are driving growth of the
space propulsion market. For instance, in 2019,
the institution of US Air Forces separate branch
of armed services, the Space Force, announced
that global space economy will generate USD 1.0
trillion to USD 1.5 trillion by 2040.
Market Summary
  • Some Key Highlights From the Report
  • In October 2021, NASA made an announcement about
    signing contracts with MagniX USA Inc. of Redmond
    and GE Aviation (GE) of Cincinnati for supporting
    Electric Powertrain Flight Demonstration (EPFD).
    It will mature Electrified Aircraft Propulsion
    (EAP) technologies at a fast pace through ground
    and flight demonstrations. NASA is aiming to
    introduce EAP technologies to U.S. aviation
    fleets by 2035.
  • By spacecraft type, rovers segment is expected to
    register significantly steady revenue CAGR over
    the forecast period. Rovers can examine more
    terrain, progress knowledge about performance of
    remote robotic vehicle control, and are capable
    of automatically placing themselves in areas
    where there is sunlight.
  • Major companies profiled in the market report
    include Space Exploration Technologies
    Corporation, Safran SA, Lockheed Martin
    Corporation, Aerojet Rocketdyne Holdings Inc.,
    Thales Alenia Space, Moog Inc., IHI Corporation,
    OHB SE, Northrop Grumman Corporation, and Sierra
    Nevada Corporation.
  • Request Free Sample Copy_at_ https//www.emergenresea
Market Summary
Emergen Research has segmented global space
propulsion system market on the basis of
component, spacecraft type, propulsion type,
orbital path, end-use, and region Component
Outlook (Revenue, USD Billion 20182028) Thruster
s Rocket Motors Propellant Feed
Systems Propulsion Thermal Control Nozzles Power
Processing Units Others Spacecraft Type Outlook
(Revenue, USD Billion 20182028) Satellites Capsu
les Rovers Interplanetary Spacecraft
Probes Launch Vehicles Read More_at_
Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
Regional Share Dynamics
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About Us
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
Lets Talk Contact Information
Reach out to us and our Research Executives will
ensure you get the report that meets all your
requirements and address all your concerns.
14671 110 Avenue, Surrey, British Columbia, V3R2A9
1 (604) 757-9756
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