Space Propulsion Market by Propulsion Type, System Component, Support Services, Orbit, Platform, End-User

Description

List of Tables

The Global Space Propulsion Market is forecasted to grow significantly, with a projected USD 9,387.23 million in 2023 at a CAGR of 16.27% and expected to reach a staggering USD 27,000.46 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Space Propulsion Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Space Propulsion Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Propulsion Type, market is studied across Chemical Propulsion and Non-Chemical Propulsion. The Chemical Propulsion is further studied across Green, Hybrid, Liquid, and Solid. The Non-Chemical Propulsion is further studied across Argon, Electric Propulsion, Hydrogen, Krypton, Laser Propulsion, Nuclear Propulsion, Solar Electric Propulsion, Solar Propulsion, Solar Sail Propulsion, Solar Thermal Propulsion, Tether Propulsion, and Xenon. The Non-Chemical Propulsion is projected to witness significant market share during forecast period.

Based on System Component, market is studied across Nozzle, Power Processing Unit, Propellant Feed System, Rocket Motors, Thermal Control System, and Thrusters. The Propellant Feed System is further studied across Combustion Chamber, Propellant Tanks, Regulators, Turbo Pump, and Valves. The Thrusters is further studied across Chemical Propulsionthruster and Electric Propulsion Thruster. The Power Processing Unit is projected to witness significant market share during forecast period.

Based on Support Services, market is studied across Design, Engineering & Operation, Fueling & Launch Support, and Hot Firing & Environmental Test Execution. The Fueling & Launch Support is projected to witness significant market share during forecast period.

Based on Orbit, market is studied across Beyond Geosynchronous Orbit, Geosynchronous Orbit, Low Earth Orbit, and Medium Earth Orbit. The Beyond Geosynchronous Orbit is projected to witness significant market share during forecast period.

Based on Platform, market is studied across Capsule or Cargo, Interplanetary Spacecraft & Probes, Launch Vehicles, and Satellite. The Launch Vehicles is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Commercial and Government & Military. The Government & Military is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Space Propulsion Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Space Propulsion Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Space Propulsion Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Space Propulsion Market?

4. What is the competitive strategic window for opportunities in the Global Space Propulsion Market?

5. What are the technology trends and regulatory frameworks in the Global Space Propulsion Market?

6. What is the market share of the leading vendors in the Global Space Propulsion Market?

7. What modes and strategic moves are considered suitable for entering the Global Space Propulsion Market?

Product Code: MRR-4F4C36263858

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Space Propulsion Market, by Propulsion Type, 2022 vs 2030
4.3. Space Propulsion Market, by System Component, 2022 vs 2030
4.4. Space Propulsion Market, by Support Services, 2022 vs 2030
4.5. Space Propulsion Market, by Orbit, 2022 vs 2030
4.6. Space Propulsion Market, by Platform, 2022 vs 2030
4.7. Space Propulsion Market, by End-User, 2022 vs 2030
4.8. Space Propulsion Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Attractive increase in the number of space exploration missions and demand for LEO-based services
  - 5.1.1.2. Increasing focus on reducing mission costs
  - 5.1.1.3. Rising use of small satellites and commercialization of space launch vehicle
- 5.1.2. Restraints
  - 5.1.2.1. Huge R&D expenditure
- 5.1.3. Opportunities
  - 5.1.3.1. Growing demand for commercial-off-the-shelf components (COTS) for CubeSats
  - 5.1.3.2. Increased government investments in space technology
- 5.1.4. Challenges
  - 5.1.4.1. Government policies & regulations
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Space Propulsion Market, by Propulsion Type

6.1. Introduction
6.2. Chemical Propulsion
- 6.2.1. Green
- 6.2.2. Hybrid
- 6.2.3. Liquid
- 6.2.4. Solid
6.3. Non-Chemical Propulsion
- 6.3.1. Argon
- 6.3.2. Electric Propulsion
- 6.3.3. Hydrogen
- 6.3.4. Krypton
- 6.3.5. Laser Propulsion
- 6.3.6. Nuclear Propulsion
- 6.3.7. Solar Electric Propulsion
- 6.3.8. Solar Propulsion
- 6.3.9. Solar Sail Propulsion
- 6.3.10. Solar Thermal Propulsion
- 6.3.11. Tether Propulsion
- 6.3.12. Xenon

7. Space Propulsion Market, by System Component

7.1. Introduction
7.2. Nozzle
7.3. Power Processing Unit
7.4. Propellant Feed System
- 7.4.1. Combustion Chamber
- 7.4.2. Propellant Tanks
- 7.4.3. Regulators
- 7.4.4. Turbo Pump
- 7.4.5. Valves
7.5. Rocket Motors
7.6. Thermal Control System
7.7. Thrusters
- 7.7.1. Chemical Propulsionthruster
- 7.7.2. Electric Propulsion Thruster

8. Space Propulsion Market, by Support Services

8.1. Introduction
8.2. Design, Engineering & Operation
8.3. Fueling & Launch Support
8.4. Hot Firing & Environmental Test Execution

9. Space Propulsion Market, by Orbit

9.1. Introduction
9.2. Beyond Geosynchronous Orbit
9.3. Geosynchronous Orbit
9.4. Low Earth Orbit
9.5. Medium Earth Orbit

10. Space Propulsion Market, by Platform

10.1. Introduction
10.2. Capsule or Cargo
10.3. Interplanetary Spacecraft & Probes
10.4. Launch Vehicles
10.5. Satellite

11. Space Propulsion Market, by End-User

11.1. Introduction
11.2. Commercial
11.3. Government & Military

12. Americas Space Propulsion Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Space Propulsion Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Space Propulsion Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player

16. List of Company Mentioned

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing