Home Technology LEO-focused Satellite Propulsion Technology Markets, 2031

LEO-focused Satellite Propulsion Technology Markets, 2031

DUBLIN, Nov. 25, 2021 /PRNewswire/ — The “LEO-focused Satellite Propulsion Technology Market – A Global and Regional Analysis: Focus on End User, Application, Propulsion Type, Satellite Mass, Component, Orbit, Propellant Type and Country – Analysis and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s providing.

The world LEO-focused satellite tv for pc propulsion know-how market is anticipated to succeed in $13,212.7 million by 2031, with a CAGR of 6.98% through the forecast interval 2021- 2031.

The growing variety of satellite tv for pc constellations for functions similar to communication, know-how improvement, Earth commentary, and distant sensing is anticipated to be the key driving components for the market. In addition, growing demand for constructing environment friendly propulsion methods s at low price are key drivers for the expansion of the worldwide LEO-focused satellite tv for pc propulsion know-how market.

LEO-Focused Satellite Propulsion Technology Industry Overview

Currently, many house businesses and business corporations throughout the globe have been specializing in creating low Earth orbit (LEO) satellite tv for pc constellations. This will drive the marketplace for the propulsion system. Moreover, rising analysis and improvement actions to develop cost-efficient propulsion applied sciences and developments in 3D printing know-how for creating the elements of satellite tv for pc propulsion methods are different components contributing to the expansion of the LEO-focused satellite tv for pc propulsion know-how market.

LEO-Focused Satellite Propulsion Technology Market

Between 1957 and 2021, many governments and business organizations similar to SpaceX, Ariane Space, Europe Space Agency (ESA), National Aeronautics and Space Administration (NASA), and Japan Aerospace Exploration Agency (JAXA), amongst others, began demonstration for brand new propulsion system for various satellites in low Earth orbit (LEO). Since then, know-how has advanced frequently and reworked the complete house trade by creating distinctive merchandise and methods.

Market Segmentation

LEO-Focused Satellite Propulsion Technology by End-User

The business finish consumer phase is estimated to dominate the worldwide LEO-focused satellite tv for pc propulsion know-how market as a result of growing improvement of small satellite tv for pc constellations for communication, distant sensing, Earth commentary, and navigation by business industries.

LEO-Focused Satellite Propulsion Technology by Application

The market is presently flourishing with the event of small satellites for communication missions. Companies and house businesses purpose to develop long-range, high-capacity, and cost-effective communication constellations utilizing small satellites.

LEO-Focused Satellite Propulsion Technology by Propulsion Type

Electric propulsion is essentially the most outstanding propulsion system contributing to the worldwide LEO-focused satellite tv for pc propulsion know-how market. It is anticipated that, by 2031, the market penetration of electrical satellites will develop to greater than 40% within the total satellite tv for pc launches.

However, the excessive price, improvement complexity, and low thrust functionality are restraining the expansion of the electrical propulsion system phase. However, technological developments are anticipated to beat these challenges, and electrical propulsion methods are anticipated to witness large progress.

LEO-Focused Satellite Propulsion Technology by Satellite Mass

201-600kg is among the main segments and is anticipated to develop 12 months by 12 months as a result of enhance in small satellite tv for pc constellations from varied key producers similar to SPACE X, Amazon, Cloud Constellation, Urthecast, and ISRO, amongst others.

LEO-Focused Satellite Propulsion Technology by Component

With the rising variety of LEO-based satellite tv for pc launches, it’s anticipated that the requirement for thrusters’ elements will develop within the upcoming years.

LEO-Focused Satellite Propulsion Technology by Region

North America is anticipated to account for the very best share of the worldwide LEO-focused satellite tv for pc propulsion know-how market, owing to a big variety of corporations based mostly within the area, elevated spending by authorities and business organizations such because the National Aeronautics and Space Administration (NASA), Aerojet Rocketdyne, Ariane Group, Exotrail, Space X, and Enpulsion for LEO-based propulsion methods.

Key Market Players and Competition Synopsis

  • Airbus S.A.S
  • Ariane Group
  • Aerojet Rocketdyne (Acquired by Lockheed Martin Corp.)
  • Busek Co Inc.
  • CU Aerospace
  • IHI Corporation
  • Lockheed Martin Corporation
  • L3Harris Technologies, Inc.
  • Moog Inc.
  • Nano Avionics
  • Northrop Grumman Corporation
  • OHB SE
  • Safran
  • Space Exploration Technologies Corp. (SpaceX)
  • Thales Group

Key Topics Covered:

1 Markets
1.1 Industry Outlook
1.1.1 LEO-focused Satellite Propulsion Technology Market: Overview
1.2 Current and Emerging Technological Trends
1.2.1 Dipole Drive
1.2.2 Space Elevator Propulsion by Mechanical Waves
1.2.3 Solar Sail Electric Propulsion
1.2.4 Air-Scooping Electric Propulsion
1.2.5 Reusable Propulsion System
1.3 Ongoing and Upcoming Projects
1.3.1 Green Propellant Infusion Mission
1.4 Start-Ups and Investment Scenario
1.5 Supply Chain Analysis
1.6 Business Dynamics
1.6.1 Business Drivers
1.6.1.1 Rising Demand for Smaller Telecom and Commercial Earth Observation Satellites in Low Earth Orbit (LEO)
1.6.1.2 Technology Advancement Toward Building Low-Cost and Efficient Propulsion System for Satellites
1.6.2 Business Challenges
1.6.2.1 Growing Concern on Risk Posed by Orbital Space Debris from Use of Satellite Mega Constellations
1.6.3 Business Opportunities
1.6.3.1 Move Toward Creating Viable Business Activities from Non-Toxic or Green (Environment Friendly) Space Propellants
1.7 Business Strategies
1.7.1 Partnerships, Collaborations, Agreements, and Contracts
1.7.2 Mergers and Acquisitions
1.7.3 Others

2 Application
2.1 LEO-focused Satellite Propulsion Technology Market (by End User)
2.1.1 Market Overview
2.1.1.1 Demand Analysis of LEO-focused Satellite Propulsion Technology Market (by End User)
2.1.2 Commercial
2.1.3 Defense and Government
2.2 LEO-focused Satellite Propulsion Technology Market (by Application)
2.2.1 Overview
2.2.1.1 Demand Analysis of LEO-focused Satellite Propulsion Technology Market (by Application)
2.2.2 Communication
2.2.3 Earth Observation and Remote Sensing
2.2.4 Technology Development
2.2.5 Others

3 Products
3.1 Global LEO-focused Satellite Propulsion Technology Market (by Propulsion Type)
3.1.1 Market Overview
3.1.1.1 Demand Analysis of LEO-focused Satellite Propulsion Technology Market (by Propulsion Type)
3.2 Electric Propulsion
3.2.1 Chemical Propulsion System
3.2.2 Hybrid Propulsion System
3.3 LEO-focused Satellite Propulsion Technology Market (by Satellite Mass)
3.3.1 Market Overview
3.3.1.1 Demand Analysis of LEO-focused Satellite Propulsion Technology Market (by Satellite Mass)
3.3.2 0-10 kg
3.3.3 11-200 kg
3.3.4 201-600 kg
3.3.5 601-1,200 kg
3.4 LEO-focused Satellite Propulsion Technology Market (by Orbit)
3.4.1 Market Overview
3.4.1.1 Demand Analysis of LEO-focused Satellite Propulsion Technology Market (by Orbit)
3.4.2 LEO (Sun-Synchronous Orbit)
3.4.3 LEO (Polar Orbit)
3.4.4 LEO (Non-Polar Inclined)
3.5 LEO-focused Satellite Propulsion Technology Market (by Component)
3.5.1 Market Overview
3.5.1.1 Demand Analysis of LEO-focused Satellite Propulsion Technology Market (by Component)
3.5.2 Thrusters
3.5.3 Propellant Tanks
3.5.4 Valves, Pumps and Regulators
3.5.5 Power Processing Unit
3.5.6 Propulsion Thermal Control
3.5.7 Others
3.6 LEO-focused Satellite Propulsion Technology Market (by Propellant Type)
3.6.1 Market Overview
3.6.1.1 Demand Analysis of LEO-focused Satellite Propulsion Technology Market (by Propellant Type)
3.6.2 Xenon
3.6.3 Krypton
3.6.4 Others

4 Region
4.1 Global LEO-focused Satellite Propulsion Technology Market (by Region)

5 Markets – Competitive Benchmarking & Company Profiles

For extra details about this report go to https://www.researchandmarkets.com/r/xy9vwg

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