Satellite Propulsion Market Statistics, Share, Growth by 2031

Satellite Propulsion Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Propulsion Type (Solid Propulsion, Cold Gas Propulsion, Green Propulsion, Electric Propulsion, and Ambipolar Propulsion), System Type (Monopropellant, Bipropellant, and Electric Ion Propulsion), Application (Launchers, Spacecraft, Satellites, Space Tugs, and Landers), and Orbit Type (LEO, MEO & GEO, and Beyond GEO), and Geography (North America, Europe, Asia Pacific, Rest of the World)

Publication Month : May 2024

  • Report Code : TIPRE00024337
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 186
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The satellite propulsion market is projected to reach US$ 26,074.53 million by 2031 from US$ 8,424.55 million in 2023; the market is expected to register a CAGR of 15.4% during 2023–2031.

Analyst Perspective:

The satellite propulsion market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (the Middle East & Africa and South America). North America and Europe are major regions. The high presence of satellite propulsion system providers, including Northrop Grumman Corporation, Moog Inc., and AQST Canada Inc, in North America acts as a major driver for the market growth in the region.

The rising government spending on space technology across Europe and increasing instances of satellite launches boost the satellite propulsion market growth in Europe. Europe's market benefits from collaborative initiatives facilitated by organizations such as the European Space Agency (ESA). The partnerships foster research and development, encouraging the exchange of knowledge and expertise among member states, which also contributes to the growing satellite propulsion market size.

The Asia Pacific satellite propulsion market is growing owing to product innovation and strategic collaborations. With a strong focus on satellite launches, countries in Asia Pacific such as China, India, Australia, and Japan have emerged as key players in advancing satellite propulsion technologies.

Market Overview:

The growing space sector, owing to the rising number of satellites launches and the increasing number of strategic initiatives by market players, positively impacts the global satellite propulsion market. In addition, the growing focus on deploying satellite constellations, increasing investments in the space sector, and the rising adoption of rideshare services boost the demand for propulsion systems for satellites.

Satellite manufacturing companies are focusing on procuring advanced satellite components to remain competitive in the market. In January 2024, Bellatrix Aerospace launched Rudra and Arka propulsion systems onboard ISRO's PSLV C-58 launch vehicle. In 2023, Neumann Space announced that its propulsion system, Neumann Drive, accomplished its first space mission from Vandenberg Space Force Base in California through the SpaceX Falcon 9 rocket (Transporter-8). The growing instance of satellite launches and rising strategic initiatives by companies bolster the growth of the satellite propulsion market globally.  

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Satellite Propulsion Market: Strategic Insights

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Market Driver:

Rising Number of Satellite Launches Propels Satellite Propulsion Market Growth

There is a rising number of satellites launched into orbit for applications such as communication, earth observation, and navigation. According to the United Nations Office for Outer Space Affairs (UNOOSA), 2,474 satellites were launched in 2022, compared to 1,810 in 2021 across the world. In January 2024, Iran launched three satellites utilizing its carrier rocket fabricated by the Ministry of Defense and Armed Forces Logistics. In February 2024, the Indian National Space Promotion and Authorization Centre announced to accelerate space activity with 30 satellite launches by 2025. In February 2024, SpaceX launched a US$ 948 million NASA satellite primarily designed to understand climate change. In March 2024, SpaceX launched a Falcon 9 rocket on the Starlink flight from Vandenberg Space Force Base. It accomplished 91 launches with its Falcon 9 rocket and another 5 with the Falcon Heavy in 2023, exceeding its previous annual record of 61 orbital launches in 2022. In 2023, China initiated the launch of three low Earth orbit broadband test satellites. UK Space Command's operational concept demonstrator satellites under Project Minerva and part of the ISTARI program is anticipated to be launched by 2026. In 2023, France's Arianespace launched 12 satellites into space. In 2023, the SpIRIT (Space Industry Responsive Intelligent Thermal) nanosatellite was launched, which was operated by the University of Melbourne. The satellite has been built in collaboration with the Italian Space Agency and several Australian space industry companies. Therefore, increasing number of satellites launches drives the growth of the global satellite propulsion market.

Increased funding and investments in satellite launching programs reflect a growing emphasis on space exploration, satellite deployment, and space-based services. The public sector propels the demand for heavy- and super-heavy-lift space launch services, whereas the private sector leads the demand for small- and medium-lift satellites. The small- and medium-lift satellites are faster-growing sector owing to rising demand for launching low Earth orbit constellations or small satellites for telecommunications. Other reasons driving private investments in space launch technologies include orbital mining, manufacturing, and tourism. The heightened demand for space launches has been largely led by SpaceX's Falcon 9 medium-lift rocket. The rocket is already NASA's launch vehicle for orbital missions, and SpaceX has been assigned to design the space vehicle for NASA's Artemis 3 mission to the moon. Additionally, NASA is anticipated to collaborate with the private sector to support commercial innovation and procure commercial space services from the private sector.

The rising investments in launching programs indicate a broader commitment to space technology. Owing to growing investments, propulsion system manufacturers focus on developing advanced satellite systems. In 2023, HyPrSpace, Leonardo, Thales, and CT Engineering received funding for a project worth US$38 million that aims to demonstrate a new kind of rocket engine to be launched into space. Thus, the growing investments in the satellite industry leading to the upsurging number of satellites launches boost the growth of the global satellite propulsion market.

Segmental Analysis:

Based on propulsion type, the global satellite propulsion market is segmented into solid propulsion, cold gas propulsion, green propulsion, electric propulsion, and ambipolar propulsion. Electric propulsion is gaining popularity. In March 2024, the Indian Space Research Organization (ISRO) announced its plans to demonstrate the use of electric propulsion systems on its satellites. The system consists of a thruster of 300 millinewtons (mN). It is projected to be launched in the second quarter of 2024. Growing adoption of electric propulsion systems drives the satellite propulsion market growth for the electric propulsion segment.

Satellite Propulsion Market Report Scope

Regional Analysis:

The scope of the satellite propulsion market report encompasses North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). In terms of revenue, North America dominated the satellite propulsion market share in 2023. APAC is the second-largest contributor to the global market, followed by Europe. The US, Canada, and Mexico are among the major economies in North America. Rising satellite launches, as well as product developments, bolster the market growth in the region. The US is leading the satellite propulsion market share owing to the wide presence of satellite propulsion system manufacturers and growing focus of the governments on advancing the space sector. Northrop Grumman Corporation, Moog Inc., and AQST Canada Inc. are among the players offering satellite propulsion solutions in North America. Further, product innovation and major developments such as collaboration and mergers are anticipated to propel the satellite propulsion market growth in North America during the forecast period. The Government of Canada is also focusing on initiatives toward establishing new regulations and support policies for the space sector. In 2023, the Government of Canada announced a multi-year plan to support the privately built rocket launch initiatives in the country.

The space industry in the US is witnessing rapid development in terms of satellite launches and growing advancements in propulsion systems. The US led the market in terms of satellite launches in 2023. SpaceX independently launched 98 of the 109 satellite launch attempts made by the US in 2023, and 1,937 of the 2,234 US-built satellites were successfully orbited. The growing number of satellite launches, along with rising product developments in the satellite industry, is contributing to the growing satellite propulsion market size in the US. In 2023, Terran Orbital collaborated with Safran to explore US-based production of satellite propulsion systems. As per the agreement, Terran Orbital and Safran Electronics & Defense are anticipated to investigate opportunities and requirements for the manufacturing of electric propulsion systems primarily for satellites based on Safran's PPSX00 plasma thruster. In March 2024, Benchmark Space System's Xantus electric propulsion system was launched into space with the SpaceX Transporter-10 rideshare mission. SpaceX is manufacturing a network of hundreds of spy satellites in collaboration with a US intelligence agency. SpaceX's Starshield business unit is establishing the network under a US$ 1.8 billion contract sealed in 2021.

Key Player Analysis:

Moog Inc.; ArianeGroup; Northrop Grumman Corporation; Thales SA; Airbus SE; IHI Corp.; Bellatrix; Aerospace Private Limited; Busek, Co. Ltd.; Safran S.A.; and Avio S.p.A are among the key players profiled in the satellite propulsion market report. The report includes growth prospects in light of current satellite propulsion market trends and factors influencing the market growth.

Recent Developments:

A few recent developments by the satellite propulsion market players, as per their press releases, are listed below:

Year

News

Region

February 2023

Thales Alenia Space, the joint venture between Thales (67%) and Leonardo (33%), signed a contract with the Korea Aerospace Research Institute (KARI) to provide electric propulsion for incorporation on their GEO-KOMPSAT-3 (GK3) satellite. Scheduled for launch in 2027, GK3 is a multi-band communications satellite that will provide broadband satellite communication services in the Korean Peninsula and surrounding maritime areas. In particular, it will support national maritime rescue and protection; monitor water disasters in mountains, rivers, and dams; and help in emergency response to other disaster situations.

APAC

November 2023

The École Polytechnique engineering school, the French national scientific research center CNRS, and Safran Electronics & Defense signed a partnership agreement for a joint laboratory dedicated to the research and development of electric satellite thrusters. The new unit is called COMHET (laboratoire Commun pour l’étude des Hall Effect Thrusters) and will focus on improving HET technology.

Europe

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Which region to dominate the satellite propulsion market in the forecast period?

The rise in satellite launches, as well as product development, are a few of the major drivers for the satellite propulsion market in North America. The US is leading the satellite propulsion market owing to the wide presence of satellite propulsion system manufacturers and governments’ growing focus on advancing the space sector. Northrop Grumman Corporation, Moog Inc., and AQST Canada Inc., among others, are offering satellite propulsion solutions in North America.

What are reasons behind the satellite propulsion market growth?

Increased funding and investments in satellite launching programs reflect a growing emphasis on space exploration, satellite deployment, and space-based services. The public sector propels the demand for heavy- and super-heavy-lift space launch services, whereas the private sector leads the demand for small- and medium-lift satellites. The small- and medium-lift satellites are faster-growing sector owing to rising demand for launching low Earth orbit constellations or small satellites for telecommunications.

What are market opportunities for the satellite propulsion market?

The substantial upsurge in satellite constellations has propelled the requirement for a competent satellite constellation management plan. To address this emerging need, companies and agencies operating in the space industry are analyzing the potential strategies for constellation launches, set-ups, alternatives for failed satellites, and end-of-life policies.

Who are the major vendors in the satellite propulsion market?

Moog Inc.; ArianeGroup; Northrop Grumman Corporation; Thales SA; Airbus SE; IHI Corp.; Bellatrix; Aerospace Private Limited; Busek, Co. Ltd.; Safran S.A.; and Avio S.p.A. are the key market players operating in the global satellite propulsion market.

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Satellite Propulsion Market Landscape

4.1 Overview

4.2 Porter’s Five Forces Analysis

4.3 Ecosystem Analysis

4.3.1 Component Manufacturer:

4.3.2 Satellite Propulsion System Providers:

4.3.3 End User:

4.3.4 List of Vendors in the Value Chain

4.4 Premium Insights

4.4.1 Lunar Lander Propulsion Analysis

5. Satellite Propulsion Market – Key Market Dynamics

5.1 Satellite Propulsion Market – Key Market Dynamics

5.2 Market Drivers

5.2.1 Rising Number of Satellite Launches

5.2.2 Growing Initiatives to Launch Space Landers, Spacecraft, and Space Tugs

5.2.3 Rising Number of Strategic Initiatives by Market Players

5.3 Market Restraints

5.3.1 Increasing Space Debris

5.3.2 Complexity of Space Policy and International Relations

5.4 Market Opportunities

5.4.1 Deployment of Satellite Constellations

5.4.2 Rising Number of Strategic Initiatives for Satellite Launch Vehicles by Market Players

5.5 Future Trends

5.5.1 Emergence of Ridesharing Services

5.6 Impact of Drivers and Restraints:

6. Satellite Propulsion Market – Global Market Analysis

6.1 Overview

6.2 Satellite Propulsion Market Revenue (US$ Million), 2023–2031

6.3 Satellite Propulsion Market Forecast Analysis

7. Satellite Propulsion Market Analysis – by Propulsion Type

7.1 Solid Propulsion

7.1.1 Overview

7.1.2 Solid Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

7.2 Cold Gas Propulsion

7.2.1 Overview

7.2.2 Cold Gas Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

7.3 Green Propulsion

7.3.1 Overview

7.3.2 Green Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

7.4 Electric Propulsion

7.4.1 Overview

7.4.2 Electric Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

7.5 Ambipolar Propulsion

7.5.1 Overview

7.5.2 Ambipolar Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

8. Satellite Propulsion Market Analysis – by System Type

8.1 Monopropellant

8.1.1 Overview

8.1.2 Monopropellant: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

8.2 Bipropellant

8.2.1 Overview

8.2.2 Bipropellant: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

8.3 Electric Ion Propulsion

8.3.1 Overview

8.3.2 Electric Ion Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

9. Satellite Propulsion Market Analysis – by Application

9.1 Launchers

9.1.1 Overview

9.1.2 Launchers: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

9.2 Spacecraft

9.2.1 Overview

9.2.2 Spacecraft: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

9.3 Satellites

9.3.1 Overview

9.3.2 Below 500 Kg

9.3.3-1000 Kg

9.3.4 Above 1000 Kg

9.3.5 Satellites: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

9.4 Space Tugs

9.4.1 Overview

9.4.2 Space Tugs: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

9.5 Landers

9.5.1 Overview

9.5.2 Landers: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

10. Satellite Propulsion Market Analysis – by Orbit Type

10.1 LEO

10.1.1 Overview

10.1.2 LEO: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

10.2 MEO and GEO

10.2.1 Overview

10.2.2 MEO and GEO: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

10.3 Beyond GEO

10.3.1 Overview

10.3.2 Beyond GEO: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11. Satellite Propulsion Market – Geographical Analysis

11.1 Overview

11.2 North America

11.2.1 North America Satellite Propulsion Market Overview

11.2.2 North America: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.2.3 North America: Satellite Propulsion Market Breakdown, by Propulsion Type

11.2.3.1 North America: Satellite Propulsion Market – Revenue and Forecast Analysis – by Propulsion Type

11.2.4 North America: Satellite Propulsion Market Breakdown, by System Type

11.2.4.1 North America: Satellite Propulsion Market – Revenue and Forecast Analysis – by System Type

11.2.5 North America: Satellite Propulsion Market Breakdown, by Application

11.2.5.1 North America: Satellite Propulsion Market – Revenue and Forecast Analysis – by Application

11.2.5.1.1 North America: Satellite Propulsion Market – Revenue and Forecast Analysis – by Satellites

11.2.6 North America: Satellite Propulsion Market Breakdown, by Orbit Type

11.2.6.1 North America: Satellite Propulsion Market – Revenue and Forecast Analysis – by Orbit Type

11.2.7 North America: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.2.7.1 North America: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.2.7.2 United States: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.2.7.2.1 United States: Satellite Propulsion Market Breakdown, by Propulsion Type

11.2.7.2.2 United States: Satellite Propulsion Market Breakdown, by System Type

11.2.7.2.3 United States: Satellite Propulsion Market Breakdown, by Application

11.2.7.2.3.1 United States: Satellite Propulsion Market Breakdown, by Satellites

11.2.7.2.4 United States: Satellite Propulsion Market Breakdown, by Orbit Type

11.2.7.3 Canada: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.2.7.3.1 Canada: Satellite Propulsion Market Breakdown, by Propulsion Type

11.2.7.3.2 Canada: Satellite Propulsion Market Breakdown, by System Type

11.2.7.3.3 Canada: Satellite Propulsion Market Breakdown, by Application

11.2.7.3.3.1.1 Canada: Satellite Propulsion Market Breakdown, by Satellites

11.2.7.3.4 Canada: Satellite Propulsion Market Breakdown, by Orbit Type

11.3 Europe

11.3.1 Europe Satellite Propulsion Market Overview

11.3.2 Europe: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.3.3 Europe: Satellite Propulsion Market Breakdown, by Propulsion Type

11.3.3.1 Europe: Satellite Propulsion Market – Revenue and Forecast Analysis – by Propulsion Type

11.3.4 Europe: Satellite Propulsion Market Breakdown, by System Type

11.3.4.1 Europe: Satellite Propulsion Market – Revenue and Forecast Analysis – by System Type

11.3.5 Europe: Satellite Propulsion Market Breakdown, by Application

11.3.5.1 Europe: Satellite Propulsion Market – Revenue and Forecast Analysis – by Application

11.3.5.1.1 Europe: Satellite Propulsion Market – Revenue and Forecast Analysis – by Satellites

11.3.6 Europe: Satellite Propulsion Market Breakdown, by Orbit Type

11.3.6.1 Europe: Satellite Propulsion Market – Revenue and Forecast Analysis – by Orbit Type

11.3.7 Europe: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.3.7.1 Europe: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.3.7.2 Germany: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.3.7.2.1 Germany: Satellite Propulsion Market Breakdown, by Propulsion Type

11.3.7.2.2 Germany: Satellite Propulsion Market Breakdown, by System Type

11.3.7.2.3 Germany: Satellite Propulsion Market Breakdown, by Application

11.3.7.2.3.1 Germany: Satellite Propulsion Market Breakdown, by Satellites

11.3.7.2.4 Germany: Satellite Propulsion Market Breakdown, by Orbit Type

11.3.7.3 France: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.3.7.3.1 France: Satellite Propulsion Market Breakdown, by Propulsion Type

11.3.7.3.2 France: Satellite Propulsion Market Breakdown, by System Type

11.3.7.3.3 France: Satellite Propulsion Market Breakdown, by Application

11.3.7.3.3.1 France: Satellite Propulsion Market Breakdown, by Satellites

11.3.7.3.4 France: Satellite Propulsion Market Breakdown, by Orbit Type

11.3.7.4 Italy: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.3.7.4.1 Italy: Satellite Propulsion Market Breakdown, by Propulsion Type

11.3.7.4.2 Italy: Satellite Propulsion Market Breakdown, by System Type

11.3.7.4.3 Italy: Satellite Propulsion Market Breakdown, by Application

11.3.7.4.3.1 Italy: Satellite Propulsion Market Breakdown, by Satellites

11.3.7.4.4 Italy: Satellite Propulsion Market Breakdown, by Orbit Type

11.3.7.5 United Kingdom: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.3.7.5.1 United Kingdom: Satellite Propulsion Market Breakdown, by Propulsion Type

11.3.7.5.2 United Kingdom: Satellite Propulsion Market Breakdown, by System Type

11.3.7.5.3 United Kingdom: Satellite Propulsion Market Breakdown, by Application

11.3.7.5.3.1 United Kingdom: Satellite Propulsion Market Breakdown, by Satellites

11.3.7.5.4 United Kingdom: Satellite Propulsion Market Breakdown, by Orbit Type

11.3.7.6 Russia: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.3.7.6.1 Russia: Satellite Propulsion Market Breakdown, by Propulsion Type

11.3.7.6.2 Russia: Satellite Propulsion Market Breakdown, by System Type

11.3.7.6.3 Russia: Satellite Propulsion Market Breakdown, by Application

11.3.7.6.3.1 Russia: Satellite Propulsion Market Breakdown, by Satellites

11.3.7.6.4 Russia: Satellite Propulsion Market Breakdown, by Orbit Type

11.3.7.7 Rest of Europe: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.3.7.7.1 Rest of Europe: Satellite Propulsion Market Breakdown, by Propulsion Type

11.3.7.7.2 Rest of Europe: Satellite Propulsion Market Breakdown, by System Type

11.3.7.7.3 Rest of Europe: Satellite Propulsion Market Breakdown, by Application

11.3.7.7.3.1 Rest of Europe: Satellite Propulsion Market Breakdown, by Satellites

11.3.7.7.4 Rest of Europe: Satellite Propulsion Market Breakdown, by Orbit Type

11.4 Asia Pacific

11.4.1 Asia Pacific Satellite Propulsion Market Overview

11.4.2 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.4.3 Asia Pacific: Satellite Propulsion Market Breakdown, by Propulsion Type

11.4.3.1 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast Analysis – by Propulsion Type

11.4.4 Asia Pacific: Satellite Propulsion Market Breakdown, by System Type

11.4.4.1 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast Analysis – by System Type

11.4.5 Asia Pacific: Satellite Propulsion Market Breakdown, by Application

11.4.5.1 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast Analysis – by Application

11.4.5.1.1 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast Analysis – by Satellites

11.4.6 Asia Pacific: Satellite Propulsion Market Breakdown, by Orbit Type

11.4.6.1 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast Analysis – by Orbit Type

11.4.7 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.4.7.1 Asia Pacific: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.4.7.2 Australia: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.4.7.2.1 Australia: Satellite Propulsion Market Breakdown, by Propulsion Type

11.4.7.2.2 Australia: Satellite Propulsion Market Breakdown, by System Type

11.4.7.2.3 Australia: Satellite Propulsion Market Breakdown, by Application

11.4.7.2.3.1 Australia: Satellite Propulsion Market Breakdown, by Satellites

11.4.7.2.4 Australia: Satellite Propulsion Market Breakdown, by Orbit Type

11.4.7.3 China: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.4.7.3.1 China: Satellite Propulsion Market Breakdown, by Propulsion Type

11.4.7.3.2 China: Satellite Propulsion Market Breakdown, by System Type

11.4.7.3.3 China: Satellite Propulsion Market Breakdown, by Application

11.4.7.3.3.1 China: Satellite Propulsion Market Breakdown, by Satellites

11.4.7.3.4 China: Satellite Propulsion Market Breakdown, by Orbit Type

11.4.7.4 India: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.4.7.4.1 India: Satellite Propulsion Market Breakdown, by Propulsion Type

11.4.7.4.2 India: Satellite Propulsion Market Breakdown, by System Type

11.4.7.4.3 India: Satellite Propulsion Market Breakdown, by Application

11.4.7.4.3.1 India: Satellite Propulsion Market Breakdown, by Satellites

11.4.7.4.4 India: Satellite Propulsion Market Breakdown, by Orbit Type

11.4.7.5 Japan: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.4.7.5.1 Japan: Satellite Propulsion Market Breakdown, by Propulsion Type

11.4.7.5.2 Japan: Satellite Propulsion Market Breakdown, by System Type

11.4.7.5.3 Japan: Satellite Propulsion Market Breakdown, by Application

11.4.7.5.3.1 Japan: Satellite Propulsion Market Breakdown, by Satellites

11.4.7.5.4 Japan: Satellite Propulsion Market Breakdown, by Orbit Type

11.4.7.6 South Korea: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.4.7.6.1 South Korea: Satellite Propulsion Market Breakdown, by Propulsion Type

11.4.7.6.2 South Korea: Satellite Propulsion Market Breakdown, by System Type

11.4.7.6.3 South Korea: Satellite Propulsion Market Breakdown, by Application

11.4.7.6.3.1 South Korea: Satellite Propulsion Market Breakdown, by Satellites

11.4.7.6.4 South Korea: Satellite Propulsion Market Breakdown, by Orbit Type

11.4.7.7 Rest of APAC: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.4.7.7.1 Rest of APAC: Satellite Propulsion Market Breakdown, by Propulsion Type

11.4.7.7.2 Rest of APAC: Satellite Propulsion Market Breakdown, by System Type

11.4.7.7.3 Rest of APAC: Satellite Propulsion Market Breakdown, by Application

11.4.7.7.3.1 Rest of APAC: Satellite Propulsion Market Breakdown, by Satellites

11.4.7.7.4 Rest of APAC: Satellite Propulsion Market Breakdown, by Orbit Type

11.5 Rest of the World

11.5.1 Rest of the World Satellite Propulsion Market Overview

11.5.2 Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.5.3 Rest of the World: Satellite Propulsion Market Breakdown, by Propulsion Type

11.5.3.1 Rest of the World: Satellite Propulsion Market – Revenue and Forecast Analysis – by Propulsion Type

11.5.4 Rest of the World: Satellite Propulsion Market Breakdown, by System Type

11.5.4.1 Rest of the World: Satellite Propulsion Market – Revenue and Forecast Analysis – by System Type

11.5.5 Rest of the World: Satellite Propulsion Market Breakdown, by Application

11.5.5.1 Rest of the World: Satellite Propulsion Market – Revenue and Forecast Analysis – by Application

11.5.5.1.1 Rest of the World: Satellite Propulsion Market – Revenue and Forecast Analysis – by Satellites

11.5.6 Rest of the World: Satellite Propulsion Market Breakdown, by Orbit Type

11.5.6.1 Rest of the World: Satellite Propulsion Market – Revenue and Forecast Analysis – by Orbit Type

11.5.7 Rest of the World: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.5.7.1 Rest of the World: Satellite Propulsion Market – Revenue and Forecast Analysis – by Country

11.5.7.2 Middle East and Africa: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.5.7.2.1 Middle East and Africa: Satellite Propulsion Market Breakdown, by Propulsion Type

11.5.7.2.2 Middle East and Africa: Satellite Propulsion Market Breakdown, by System Type

11.5.7.2.3 Middle East and Africa: Satellite Propulsion Market Breakdown, by Application

11.5.7.2.3.1 Middle East and Africa: Satellite Propulsion Market Breakdown, by Satellites

11.5.7.2.4 Middle East and Africa: Satellite Propulsion Market Breakdown, by Orbit Type

11.5.7.3 South America: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

11.5.7.3.1 South America: Satellite Propulsion Market Breakdown, by Propulsion Type

11.5.7.3.2 South America: Satellite Propulsion Market Breakdown, by System Type

11.5.7.3.3 South America: Satellite Propulsion Market Breakdown, by Application

11.5.7.3.3.1 South America: Satellite Propulsion Market Breakdown, by Satellites

11.5.7.3.4 South America: Satellite Propulsion Market Breakdown, by Orbit Type

12. Competitive Landscape

12.1 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Product Development

14. Company Profiles

14.1 Moog Inc

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Thales SA

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Safran SA

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Northrop Grumman Corp

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Airbus SE

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 IHI Corp

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 ArianeGroup

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Bellatrix Aerospace Pvt. Ltd

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Busek Co. Inc.

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Avio SPA

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

List of Tables

Table 1. Satellite Propulsion Market Segmentation

Table 2. List of Vendors

Table 3. Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Table 4. Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million) – by Propulsion Type

Table 5. Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million) – by System Type

Table 6. Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million) – by Application

Table 7. Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million) – by Satellites

Table 8. Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million) – by Orbit Type

Table 9. North America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 10. North America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 11. North America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 12. North America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 13. North America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 14. North America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 15. United States: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 16. United States: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 17. United States: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 18. United States: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 19. United States: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 20. Canada: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 21. Canada: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 22. Canada: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 23. Canada: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 24. Canada: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 25. Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 26. Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 27. Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 28. Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 29. Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 30. Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 31. Germany: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 32. Germany: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 33. Germany: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 34. Germany: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 35. Germany: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 36. France: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 37. France: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 38. France: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 39. France: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 40. France: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 41. Italy: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 42. Italy: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 43. Italy: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 44. Italy: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 45. Italy: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 46. United Kingdom: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 47. United Kingdom: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 48. United Kingdom: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 49. United Kingdom: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 50. United Kingdom: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 51. Russia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 52. Russia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 53. Russia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 54. Russia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 55. Russia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 56. Rest of Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 57. Rest of Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 58. Rest of Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 59. Rest of Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 60. Rest of Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 61. Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 62. Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 63. Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 64. Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 65. Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 66. Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 67. Australia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 68. Australia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 69. Australia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 70. Australia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 71. Australia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 72. China: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 73. China: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 74. China: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 75. China: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 76. China: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 77. India: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 78. India: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 79. India: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 80. India: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 81. India: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 82. Japan: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 83. Japan: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 84. Japan: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 85. Japan: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 86. Japan: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 87. South Korea: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 88. South Korea: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 89. South Korea: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 90. South Korea: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 91. South Korea: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 92. Rest of APAC: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 93. Rest of APAC: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 94. Rest of APAC: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 95. Rest of APAC: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 96. Rest of APAC: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 97. Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 98. Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 99. Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 100. Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 101. Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 102. Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 103. Middle East and Africa: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 104. Middle East and Africa: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 105. Middle East and Africa: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 106. Middle East and Africa: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 107. Middle East and Africa: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

Table 108. South America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Propulsion Type

Table 109. South America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by System Type

Table 110. South America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 111. South America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Satellites

Table 112. South America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million) – by Orbit Type

List of Figures

Figure 1. Satellite Propulsion Market Segmentation, by Geography

Figure 2. Porter’s Five Forces Analysis

Figure 3. Impact Analysis of Drivers and Restraints

Figure 4. Satellite Propulsion Market Share, By Geography (2023 and 2031)

Figure 5. Satellite Propulsion Market Revenue (US$ Million), 2023–2031

Figure 6. Satellite Propulsion Market Share (%) – by Propulsion Type (2023 and 2031)

Figure 7. Solid Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 8. Cold Gas Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 9. Green Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 10. Electric Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 11. Ambipolar Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 12. Satellite Propulsion Market Share (%) – by System Type (2023 and 2031)

Figure 13. Monopropellant: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 14. Bipropellant: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 15. Electric Ion Propulsion: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 16. Satellite Propulsion Market Share (%) – by Application (2023 and 2031)

Figure 17. Launchers: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 18. Spacecraft: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 19. Satellites: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 20. Space Tugs: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 21. Landers: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 22. Satellite Propulsion Market Share (%) – by Orbit Type (2023 and 2031)

Figure 23. LEO: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 24. MEO and GEO: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 25. Beyond GEO: Satellite Propulsion Market – Revenue and Forecast to 2031 (US$ Million)

Figure 26. Satellite Propulsion Market Breakdown by Region, 2023 and 2031 (%)

Figure 27. North America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 28. North America: Satellite Propulsion Market Breakdown, by Propulsion Type (2023 and 2031)

Figure 29. North America: Satellite Propulsion Market Breakdown, by System Type (2023 and 2031)

Figure 30. North America: Satellite Propulsion Market Breakdown, by Application (2023 and 2031)

Figure 31. North America: Satellite Propulsion Market Breakdown, by Orbit Type (2023 and 2031)

Figure 32. North America: Satellite Propulsion Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 33. United States: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 34. Canada: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 35. Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 36. Europe: Satellite Propulsion Market Breakdown, by Propulsion Type (2023 and 2031)

Figure 37. Europe: Satellite Propulsion Market Breakdown, by System Type (2023 and 2031)

Figure 38. Europe: Satellite Propulsion Market Breakdown, by Application (2023 and 2031)

Figure 39. Europe: Satellite Propulsion Market Breakdown, by Orbit Type (2023 and 2031)

Figure 40. Europe: Satellite Propulsion Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 41. Germany: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 42. France: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 43. Italy: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 44. United Kingdom: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 45. Russia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 46. Rest of Europe: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 47. Asia Pacific: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 48. Asia Pacific: Satellite Propulsion Market Breakdown, by Propulsion Type (2023 and 2031)

Figure 49. Asia Pacific: Satellite Propulsion Market Breakdown, by System Type (2023 and 2031)

Figure 50. Asia Pacific: Satellite Propulsion Market Breakdown, by Application (2023 and 2031)

Figure 51. Asia Pacific: Satellite Propulsion Market Breakdown, by Orbit Type (2023 and 2031)

Figure 52. Asia Pacific: Satellite Propulsion Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 53. Australia: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 54. China: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 55. India: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 56. Japan: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 57. South Korea: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 58. Rest of APAC: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 59. Rest of the World: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 60. Rest of the World: Satellite Propulsion Market Breakdown, by Propulsion Type (2023 and 2031)

Figure 61. Rest of the World: Satellite Propulsion Market Breakdown, by System Type (2023 and 2031)

Figure 62. Rest of the World: Satellite Propulsion Market Breakdown, by Application (2023 and 2031)

Figure 63. Rest of the World: Satellite Propulsion Market Breakdown, by Orbit Type (2023 and 2031)

Figure 64. Rest of the World: Satellite Propulsion Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 65. Middle East and Africa: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 66. South America: Satellite Propulsion Market – Revenue and Forecast to 2031(US$ Million)

Figure 67. Company Positioning & Concentration

The List of Companies - Satellite Propulsion Market

  1. Moog Inc.
  2. ArianeGroup
  3. Northrop Grumman Corporation
  4. Thales SA
  5. Airbus SE
  6. IHI Corp.
  7. Bellatrix
  8. Aerospace Private Limited
  9. Busek, Co. Ltd.
  10. Safran S.A.
  11. Avio S.p.A

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

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  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
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Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

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