Space Propulsion Market Business Opportunity, Development
Factors and Future Prospects to 2030

Space Propulsion Market Growth
Trend & Forecast with latest research study released by Delvens evaluating
the market risk side analysis, highlighting opportunities, and leveraging
strategic and tactical decision-making support. The report provides information
on market trends and development, growth drivers, technologies, and the
changing investment structure of the Global market, the global Space Propulsion
market size is projected to reach USD 14.5 billion by 2026 at a CAGR of 16.4%
from USD 6.9 billion in 2021 during the forecast to 2030.

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Space propulsion refers to any method which is used for the
acceleration of the satellite and spacecraft. There is various method of
propulsions which have come up over ages owing t the advantage or disadvantages
offered by them.

With the greater number of space exploration mission along
with the increased demand for LEO- based services and advanced electric
propellers are some of the factors that have supported long-term expansion for
Space Propulsion Market.

Recent Developments

Cobham Mission Systems has successfully completed
qualification testing of its Xenon regulator which is lightweight, high-flow
electric propulsion.

Aerojet Rocketdyne delivered the dual chemical and electric
propulsion systems for NASA’s Double Asteroid Redirection Test (DART).

Regional Analysis

North America is expected to be the largest market during
the forecast period. The technological advancement along with high space
exploration in the region has led to the expansion of market in the region.

Key Players of Space Propulsion Market

·       
Safran S.A.

·       
Aerojet Rocketdyne Holdings, Inc.

·       
SpaceX

·       
IHI Corporation

·       
Northrop Grumman Corporation

·       
Moog, Inc.

·       
Rafael Advanced Defense Systems Ltd.

·       
OHB SE

·       
Lockheed Martin Corporation

·       
NPO Energomash

·       
Sierra Nevada Corporation

·       
L3harris Technologies, Inc.

·       
Thales Alenia Space

·       
Cobham Mission Systems

·       
Vacco Industries

·       
Ram Company

·       
Arianegroup Gmbh

·       
AST Advanced Space Technologies Gmbh and More

Space Propulsion
Market is segmented into platform, propulsion type, system component, end user,
orbit, support services and geography.

On the basis of
End-User

·       
Commercial

·       
Government & Defense

On the basis of
Support Service

·       
Design, Engineering, & Operation

·       
Hot Firing & Environmental Test Execution

·       
Fueling & Launch Support

On the basis of Orbit

·       
Low Earth orbit (LEO)

·       
Medium Earth orbit (MEO)

·       
Geostationary Earth Orbit (GEO)

·       
Beyond Geosynchronous Orbit

On the basis of
Region

·       
Asia Pacific

·       
North America

·       
Europe

·       
South America

·       
Middle East & Africa

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Reasons to Acquire

·       
Increase your understanding of the market for
identifying the best and suitable strategies and decisions on the basis of
sales or revenue fluctuations in terms of volume and value, distribution chain
analysis, market trends and factors

·       
Gain authentic and granular data access for
Space Propulsion market so as to understand the trends and the factors involved
behind changing market situations

·       
Qualitative and quantitative data utilization to
discover arrays of future growth from the market trends of leaders to market
visionaries and then recognize the significant areas to compete in the future

·       
In-depth analysis of the changing trends of the
market by visualizing the historic and forecast year growth patterns

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