Global Satellite Propulsion Solutions Market
Used to produce thrust for orbit insertion, attitude control, station keeping, and other in-orbit maneuvers, satellite propulsion is vital to the successful operation of satellites. The systems encompass chemical (e.g., solid, liquid, hybrid, and hot/cold gas), electrical, hybrid chemical, hybrid electrical, and non-propellant propulsion (e.g., electrostatic, electrothermal, plasma). Market participants are developing new technologies such as fusion, green propellant, and nuclear thermal propulsion as alternative satellite propulsion solutions.
Frost & Sullivan segments the global satellite propulsion solutions market by chemical and non-chemical propulsion use by commercial, military, and government end users. We expect the market to rise during the forecast period (2021–2031). This study examines the industry landscape, propulsion type, satellite applications, and corporate strategies to determine the market position and industry competition.
The above deliverable is the latest addition to Frost & Sullivan’s Aerospace and Defense research and analyses, available through the Frost & Sullivan Growth Partnership Services, which help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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