Space Propulsion Market: Unraveling Growth Prospects and Trends till 2023-2030

Space Propulsion Market: Unraveling Growth Prospects and Trends till 2023-2030

The Space Propulsion Market Scope is projected to grow from USD 9.76 billion in 2022 to USD 43.87 billion by 2030, with a CAGR of 20.67% during the forecast period of 2023 to 2030.

Our professional analysts have provided in-depth chapters on recent trends in the Space Propulsion industry, including as technological breakthroughs, revenue pockets, geographic expansions, strategic growth, evolving market norms, new launches, and approvals. The most recent study will offer you with information on current trends, opportunities, and factors that may affect future growth, as well as a complete analysis of the global market.

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Key Players:

• IHI Corporation
• Moog Inc.
• Blue Origin
• Northrop Grumman Corporation.
• Space Exploration Technologies Corp
• Accion Systems Inc.
• Aerojet Rocketdyne Holdings Inc.
• Honeywell International Inc.
• Sierra Nevada Corporation
• Safran SA

The Space Propulsion research report provides a thorough examination of the market and its profit potential. In addition to market size, the report considers market drivers, challenges, and opportunities. The research report covers a wide range of issues, including production analysis, new innovations, and the impact of domestic and local market participants, import-export analysis, trade obstacles, market share, value chain optimization, and alternative growth strategies.

Market Segmentation Analysis

By Platform

• Satellites
  • Cubesats
  • Small Satellites
    • Nanosatellites
    • Microsatellites
    • Minisatellites
  • Medium Satellites (500-2,500 Kg)
  • Large Satellites (>2,500kg)
• Capsules\Cargos
  • Crewed Spacecraft Or Human Space Flight
  • Uncrewed Or Unmanned Spacecraft
• Interplanetary Spacecraft & Probes
• Rovers/Spacecraft Landers
• Launch Vehicles
  • Small Launch Vehicles (<350,000 Kg)
  • Medium To Heavy Launch Vehicles (>350,000 Kg)
  • Reusable Launch Vehicles

By Propulsion Type

• Chemical Propulsion
  • Solid
    • Homogeneous
    • Composites/ Heterogeneous
  • Liquid
    • Monopropellant
      • Non-Green
      • Green
    • Bi-Propellent
      • Cryogenic
      • Hypergolic
    • Hybrid
    • Cold Gas
  • Non-Chemical Propulsion
    • Electric Or Ion Propulsion
      • Electrothermal
        • Argon
        • Hydrogen
        • Others
      • Electromagnetic
        • Ptfe
      • Electrostatic
        • Xenon
        • Krypton
      • Solar Propulsion
        • Solar Sail Propulsion
        • Solar Electric Propulsion (Sep)
        • Solar Thermal Propulsion
      • Tether Propulsion
      • Nuclear Propulsion
      • Laser Propulsion

By System Component

• Thrusters
  • Chemical Thrusters
    • Cold & Warm Gas Thruster’s
    • Mono propellant Thruster’s
    • Bipropellant Thrusters
  • Electric Or Ion Thruster
    • Gridded Electrostatic Ion Thrusters
    • Hall Effect Thrusters

• Field-Emission Electric Propulsion
• Pulsed Plasma Thruster (Ppt)
• Magneto Plasma Dynamic (Mpd) Thruster

• Propellant Feed Systems
  • Propellant Tanks
    • Monopropellant Tanks
    • Bipropellant Tanks
    • Oxidiser Tank
  • Flow And Pressure Regulators
  • Valves
  • Turbopumps
  • Combustion Chambers
• Rocket Motors
• Nozzles
• Propulsion Thermal Control
• Power Processing Units
• Others

By Orbit

• Low Earth Orbit (Leo)
• Medium Earth Orbit (Meo)
• Geostationary Earth Orbit (Geo)
• Beyond Geosynchronous Orbit

By End Use

• Commercial
• Satellite Operators And Owners
• Space Launch Service Providers
• Government & Defense
• Departments Of Defense
• National Space Agencies
• Others

By Support Systems

• Design, Engineering, Operation & Maintenance
• Hot Firing & Environmental Test Execution
• Fueling & Launch And Ground Support

COVID-19 Impact Analysis

The most recent report discusses the implications of the COVID-19 pandemic on the supply and demand sides of the target market. This study report contained both primary and secondary research, in addition to private databases and a paid data source. This article investigates the impact of COVID-19 on domestic and international Space Propulsion marketplaces. With the support of the COVID-19 impact studies, market participants will develop pandemic preparedness measures.

Regional Outlook

The market research report examines the COVID-19's effects on a number of geographic markets, including those in North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. In the geographical section of the global Space Propulsion market research study, you can find information about how the market is changing in different areas and the regulations that are important for your industry.

Competitive Analysis

By evaluating how each category and sub sector expands, stakeholders may have a better knowledge of the different growth drivers that are expected to have an impact on the worldwide Space Propulsion market. It can help businesses discover their core use cases and differentiate themselves in their target audiences.

Key Reasons to Purchase Space Propulsion Market Report

• The market research report investigates the global market structure, market segmentation, growth rates, and revenue share comparisons.

• Market projections and estimations take into account the myriad political, social, and economic factors that will effect market growth, as well as the industry's current position.

Conclusion

To give a comprehensive picture of the Space Propulsion market, the research report analyses the worldwide market and conducts research on consumption, value, year-over-year growth, and future development plans.

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