衛星推進市場 – 2030年までの世界予測

Satellite Propulsion Market - Global Forecast to 2030

衛星推進市場 - プラットフォーム (小型、中型、大型)、推進力 (固体、液体、ハイブリッド、電気、太陽光、冷ガス)、システム (ホール効果スラスター、二元推進剤スラスター、電力処理)、エンドユーザーおよび地域別 - 2030年までの世界予測
Satellite Propulsion Market by Platform (Small, Medium, Large), Propulsion (Solid, Liquid, Hybrid, Electric, Solar, Cold Gas), Systems (Hall Effect-Thruster, Bipropellant Thruster, Power Processing), End User and Region - Global Forecast to 2030

商品番号 : SMB-72583

出版社MarketsandMarkets
出版年月2025年2月
ページ数232
図表数235
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Satellite Propulsion market is estimated in terms of market size to be USD 2.60 billion in 2024 to USD  5.19 billion by 2030,  at a CAGR of 12.2%.

衛星推進市場の市場規模は、CAGR 12.2% で、2024 年に 26 億米ドル、2030 年までに 51 億 9000 万米ドルに達すると推定されています。

The satellite propulsion market is driven by the increasing advancemnts in propulsion technology. Manufacturers are focusing on developing efficient and cost effective propulsion technologies such as electric propulsion, which lower the fuel mass and allows more payload capacity. Additionally, the demand for sustainable propulsion technology drives the development of green propulsion which addresses environmental concerns and comply with regulations.

衛星推進市場は、推進技術の進歩によって牽引されています。メーカーは、燃料質量を減らし、積載量を増やすことができる電気推進など、効率的でコスト効率の高い推進技術の開発に重点を置いています。さらに、持続可能な推進技術への需要により、環境問題に対処し、規制に準拠するグリーン推進の開発が推進されています。

衛星推進市場 - 2030年までの世界予測
satellite-propulsion-market

“The Commercial segment will account for the largest market share in the Satellite Propulsion market  during the forecast period.”

The Commercial segment in satellite propulsion market is expected to grow at highest CAGR during the forecast period. This growth is attributed to the increasing demand for satellite based internet services in remote areas. Additionally, cost-effective propulsion technologies such as electric propulsion, enables small players to enter the market with affordable satellite launch. The increasing deployment of satellites for monitoring climate change, agriculture and resource mapping applications also contributing the growth of satellite propulsion market for commercial segment.

衛星推進市場 - 2030年までの世界予測 region
satellite-propulsion-market-region

“The Asia Pacific market is estimated to lead the market.”

The Asia Pacific Satellite Propulsion market is expected to lead the market during the forecast period of 2024–2030. The region has a strong and developed space industry in place. Investment in the space industry in Asia Pacific has increased continuously in recent years. Australia is the fastest-growing country in the Asia Pacific Satellite Propulsion market. Various factors, like increasing satellite deployment, rising demand for satellite based internet, demand for advanced propulsion technologies contribute to the region’s dominance.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type: Tier 1–35%; Tier 2–45%; and Tier 3–20%
  • By Designation: C Level–35%; Directors–25%; and Others–40%
  • By Region: North America–20%; Europe–25%; Asia Pacific–35%; Middle East–10%; RoW–10%

Northrop Grumman (US), Safran SA (France), Thales Alenia Space (France), L3Harris Technologies, Inc. (US), and Airbus (France) are some of the leading players operating in the Satellite Propulsion market.

衛星推進市場 - 2030年までの世界予測 ecosystem
satellite-propulsion-market-ecosystem

Research Coverage

The study covers the Satellite Propulsion market across various segments and subsegments. It aims to estimate the size and growth potential of this market across different segments based on propulsion, capacity, operation, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their solutions and business offerings, recent developments undertaken by them, and key market strategies adopted by them.

Key benefits of buying this report:

This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Satellite Propulsion market and its subsegments. The report covers the entire ecosystem of the Satellite Propulsion market. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers and factors, such as increasing launch of satellites for communication and earth observation services, increase in public-private partnerships for development of satellite propulsion could contribute to an increase in the Satellite Propulsion market.
  • Product Development/Innovation: In-depth analysis of product innovation/development by companies across various region.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the Satellite Propulsion market across varied regions.
  • Market Diversification: Exhaustive information about new solutions, untapped geographies, recent developments, and investments in Satellite Propulsion market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Northrop Grumman (US), Safran SA (France), Thales Alenia Space (France), L3Harris Technologies, Inc. (US), and Airbus (France) among others in the Satellite Propulsion market.

Table of Contents

1               INTRODUCTION              23

1.1           STUDY OBJECTIVES       23

1.2           MARKET DEFINITION   23

1.3           STUDY SCOPE   24

1.3.1        MARKET SEGMENTATION           24

1.3.2        INCLUSIONS AND EXCLUSIONS 24

1.4           YEARS CONSIDERED      25

1.5           CURRENCY CONSIDERED            25

1.6           STAKEHOLDERS               26

2               RESEARCH METHODOLOGY       27

2.1           RESEARCH DATA              27

2.1.1        SECONDARY DATA          28

2.1.1.1    Key data from secondary sources       29

2.1.2        PRIMARY DATA 29

2.1.2.1    Primary sources    29

2.1.2.2    Key data from primary sources           30

2.1.2.3    Breakdown of primary interviews      30

2.2           FACTOR ANALYSIS          31

2.2.1        INTRODUCTION              31

2.2.2        DEMAND-SIDE FACTORS              31

2.2.3        SUPPLY-SIDE FACTORS 31

2.3           MARKET SIZE ESTIMATION         32

2.3.1        BOTTOM-UP APPROACH              32

2.3.1.1    Market size estimation methodology (demand side)      32

2.3.1.2    Market size estimation: US satellite propulsion market 33

2.3.2        TOP-DOWN APPROACH                34

2.4           DATA TRIANGULATION                35

2.5           RESEARCH ASSUMPTIONS           36

2.6           RESEARCH LIMITATIONS             37

2.7           RISK ASSESSMENT           37

3               EXECUTIVE SUMMARY  38

4               PREMIUM INSIGHTS       41

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SATELLITE PROPULSION MARKET           41

4.2           SATELLITE PROPULSION MARKET, BY END USER                 41

4.3           SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY  42

4.4           SATELLITE PROPULSION MARKET, BY COUNTRY                 42

5               MARKET OVERVIEW       43

5.1           INTRODUCTION              43

5.2           MARKET DYNAMICS       43

5.2.1        DRIVERS               44

5.2.1.1    Rise in satellite launches for communication and Earth observation services              44

5.2.1.2    Increased adoption of electric propulsion systems for efficiency and longevity of satellites    44

5.2.1.3    Miniaturization of propulsion systems for CubeSats and nanosatellites         44

5.2.1.4    Increase in public-private partnerships to develop satellite propulsion technology          45

5.2.2        RESTRAINTS      45

5.2.2.1    Regulatory restrictions on toxic propellants     45

5.2.2.2    Complex and stringent government policies    46

5.2.3        OPPORTUNITIES              46

5.2.3.1    Development of advanced thruster technologies             46

5.2.3.2    Increased investments by government agencies for space sustainability         47

5.2.4        CHALLENGES    47

5.2.4.1    Thermal management issues              47

5.2.4.2    Supply chain management issues      48

5.3           PRICING ANALYSIS          48

5.3.1        AVERAGE SELLING PRICE, BY REGION   48

5.3.2        INDICATIVE PRICING ANALYSIS, BY PLATFORM                 49

5.3.3        INDICATIVE PRICING ANALYSIS, BY PROPULSION TECHNOLOGY  50

5.4           VALUE CHAIN ANALYSIS               51

5.5           ECOSYSTEM ANALYSIS  52

5.5.1        PROMINENT COMPANIES            52

5.5.2        PRIVATE AND SMALL ENTERPRISES        52

5.5.3        END USERS         52

5.6           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            54

5.7           HS CODES           55

5.7.1        IMPORT SCENARIO (HS CODE 880260)    55

5.7.2        EXPORT SCENARIO (HS CODE 880260)    57

5.8           REGULATORY LANDSCAPE         58

5.8.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             58

5.8.2        REGULATORY FRAMEWORK       61

5.9           CASE STUDY ANALYSIS 61

5.9.1        THRUSTME (FRANCE) HELPED CHINESE SATELLITE COMPANY PERFORM SIGNIFICANT ORBITAL MANEUVERS                 61

5.9.2        NASA’S GREEN PROPELLANT INFUSION MISSION (GPIM) SUCCESSFULLY DEMONSTRATED NEW PROPELLANT’S CAPABILITIES IN SPACE                62

5.9.3        NANOAVIONICS (US) PROVIDED GREEN MONOPROPELLANT MICROTHRUSTER PROPULSION SYSTEM FOR LITUANICASAT-2    62

5.10         KEY STAKEHOLDERS AND BUYING CRITERIA     63

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           63

5.10.2      BUYING CRITERIA           64

5.11         KEY CONFERENCES AND EVENTS, 2025–2026        65

5.12         INVESTMENTS AND FUNDING SCENARIO            66

5.13         OPERATIONAL DATA     66

5.14         SATELLITE PROPULSION MARKET: BUSINESS MODELS                 67

5.15         TECHNOLOGY ROADMAP            70

5.16         BILL OF MATERIALS       72

5.17         TOTAL COST OF OWNERSHIP   73

5.18         IMPACT OF GENERATIVE AI       76

5.18.1      INTRODUCTION              76

5.18.2      ADOPTION OF AI IN SPACE BY KEY COUNTRIES                 77

5.18.3      IMPACT OF AI ON SPACE INDUSTRY: USE CASES                 78

5.18.4      IMPACT OF AI ON SATELLITE PROPULSION MARKET                 79

5.19         MACROECONOMIC OUTLOOK  81

5.19.1      INTRODUCTION              81

5.19.2      NORTH AMERICA             81

5.19.3      EUROPE               81

5.19.4      ASIA PACIFIC     82

5.19.5      MIDDLE EAST   82

5.19.6      LATIN AMERICA & AFRICA           82

6               INDUSTRY TRENDS         83

6.1           INTRODUCTION              83

6.2           TECHNOLOGY TRENDS                83

6.2.1        ADVANCED ELECTRIC THRUSTERS         83

6.2.2        IONIC LIQUID ELECTROSPRAY SYSTEMS              84

6.2.3        CUBESAT PROPULSION MODULES          84

6.2.4        HYBRID PROPULSION   85

6.2.5        GREEN PROPELLANT TECHNOLOGY      86

6.3           TECHNOLOGY ANALYSIS             87

6.3.1        KEY TECHNOLOGIES     87

6.3.1.1    Solar sail propulsion             87

6.3.1.2    Resistojet propulsion            87

6.3.2        COMPLEMENTARY TECHNOLOGIES       88

6.3.2.1    Propellant-less electrodynamic tethers              88

6.3.2.2    Cryogenic propellant storage and handling      88

6.4           IMPACT OF MEGATRENDS          88

6.4.1        ADDITIVE MANUFACTURING    88

6.4.2        MICRO PROPULSION     89

6.4.3        ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING                 89

6.5           SUPPLY CHAIN ANALYSIS             90

6.6           PATENT ANALYSIS          91

7               SATELLITE PROPULSION MARKET, BY END USER                 95

7.1           INTRODUCTION              96

7.2           COMMERCIAL   97

7.2.1        INCREASING COMMERCIAL APPLICATIONS OF SATELLITES TO DRIVE GROWTH              97

7.3           GOVERNMENT & CIVIL 99

7.3.1        INCREASED FUNDING FROM GOVERNMENTS TO BOOST ADVANCEMENTS IN SATELLITE PROPULSION SYSTEMS                 99

7.4           DEFENSE             99

7.4.1        SATELLITE PROPULSION SYSTEMS ENABLE RELIABILE, SECURE,

AND ADAPTABLE SATELLITE OPERATIONS        99

8               SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY  100

8.1           INTRODUCTION              101

8.2           CHEMICAL          102

8.2.1        CHEMICAL PROPULSION SYSTEMS ARE KNOWN FOR THEIR HIGH SPECIFIC IMPULSE (ISP) AND ABILITY TO DELIVER SIGNIFICANT THRUST   102

8.2.2        SOLID   102

8.2.3        LIQUID 102

8.2.4        HYBRID                103

8.3           ELECTRIC            103

8.3.1        ELECTRIC PROPULSION TECHNOLOGY OFFERS HIGH EFFICIENCY

AND LOW THRUST          103

8.3.2        ELECTROTHERMAL        103

8.3.3        ELECTROMAGNETIC      104

8.3.4        ELECTROSTATIC              104

8.4           OTHER TECHNOLOGIES               104

8.4.1        SOLAR  104

8.4.2        TETHER                104

8.4.3        COLD & WARM GAS        104

9               SATELLITE PROPULSION MARKET, BY PLATFORM                 105

9.1           INTRODUCTION              106

9.2           SMALL  107

9.2.1        RAPID DEPLOYMENT OF SATELLITES IN INTERPLANETARY MISSIONS TO DRIVE GROWTH            107

9.3           MEDIUM              108

9.3.1        MEDIUM SATELLITES INTEGRATE BIPROPELLANT CHEMICAL SYSTEMS FOR LAUNCHES AND ELECTRIC PROPULSION FOR IN-ORBIT MANEUVERS            108

9.4           LARGE  109

9.4.1        LARGE SATELLITES REQUIRE PROPULSION SYSTEMS TO ACHIEVE PRECISE ORBIT INSERTION              109

10            SATELLITE PROPULSION MARKET, BY SYSTEM 111

10.1         INTRODUCTION              112

10.2         THRUSTERS        114

10.2.1      INCREASING DEMAND FOR EFFICIENT PROPULSION SYSTEMS FOR EXTENDED MISSIONS TO DRIVE GROWTH                 114

10.2.2      CHEMICAL          114

10.2.2.1  Monopropellant    114

10.2.2.2  Bipropellant           115

10.2.3      NON-CHEMICAL               115

10.2.3.1  Cold & warm gas  115

10.2.3.2  Electric   115

10.2.3.2.1                Hall-effect thrusters             116

10.2.3.2.2                Ion thrusters          116

10.2.3.2.3                Pulsed plasma thrusters       116

10.2.3.2.4                Others    116

10.3         PROPELLANT FEED SYSTEMS    117

10.3.1      PROPELLANT FEED SYSTEMS ARE USED FOR AUXILIARY PROPULSION APPLICATIONS REQUIRING LOW SYSTEM PRESSURE           117

10.3.2      SENSORS              117

10.3.3      FILTERS                117

10.3.4      VALVES 117

10.3.5      PUMPS 118

10.3.6      PRESSURE REGULATORS              118

10.3.7      FUEL TANKS      118

10.3.8      OTHERS                118

10.4         POWER PROCESSING UNITS       119

10.4.1      NEED FOR RELIABLE POWER SUPPLY IN SPACE OPERATIONS

TO DRIVE GROWTH        119

10.5         OTHER SYSTEMS              119

11            SATELLITE PROPULSION MARKET, BY REGION 120

11.1         INTRODUCTION              121

11.2         NORTH AMERICA             122

11.2.1      PESTLE ANALYSIS: NORTH AMERICA      122

11.2.2      US           128

11.2.2.1  Presence of key manufacturers and space agencies to drive

market growth       128

11.2.3      CANADA               128

11.2.3.1  Increasing government support to lead market growth  128

11.3         ASIA PACIFIC     128

11.3.1      PESTLE ANALYSIS: ASIA PACIFIC               129

11.3.2      CHINA  133

11.3.2.1  Modernization and presence of prominent players         133

11.3.3      INDIA    134

11.3.3.1  Rise in government initiatives to lead market  134

11.3.4      JAPAN   134

11.3.4.1  Government support and technological developments to boost growth    134

11.3.5      SOUTH KOREA  134

11.3.5.1  Modernization programs to increase fuel efficiency to drive growth    134

11.3.6      AUSTRALIA         135

11.3.6.1  Rapid technological advancements in satellite industry

to boost growth     135

11.4         EUROPE               135

11.4.1      PESTLE ANALYSIS: EUROPE        135

11.4.2      UK          141

11.4.2.1  Development of advanced satellite propulsion systems

to boost market     141

11.4.3      GERMANY           141

11.4.3.1  Innovations and significant contributions from research institutions and corporations to drive market  141

11.4.4      ITALY    141

11.4.4.1  Collaboration between academia and major companies

to boost growth     141

11.4.5      RUSSIA 142

11.4.5.1  Increase in space projects and satellite launches to spur growth                 142

11.4.6      FRANCE                142

11.4.6.1  Focus on space exploration and satellite technologies

to boost growth     142

11.5         MIDDLE EAST   143

11.5.1      PESTLE ANALYSIS: MIDDLE EAST             144

11.5.2      GCC       147

11.5.2.1  UAE        147

11.5.2.1.1                Need to enhance satellite propulsion capabilities

to drive growth      147

11.5.2.2  Saudi Arabia          148

11.5.2.2.1                Increasing investments and partnerships between satellite manufacturers to drive market             148

11.5.3      REST OF MIDDLE EAST 148

11.6         REST OF THE WORLD    149

11.6.1      LATIN AMERICA                153

11.6.1.1  Rapid adoption of electric propulsion technology to drive market                 153

11.6.2      AFRICA 153

11.6.2.1  Increasing investments in space industry to drive market                 153

12            COMPETITIVE LANDSCAPE         154

12.1         INTRODUCTION              154

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 154

12.3         REVENUE ANALYSIS       156

12.4         MARKET SHARE ANALYSIS           156

12.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 159

12.5.1      STARS   159

12.5.2      EMERGING LEADERS     159

12.5.3      PERVASIVE PLAYERS      159

12.5.4      PARTICIPANTS 159

12.5.5      COMPANY FOOTPRINT 161

12.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        165

12.6.1      PROGRESSIVE COMPANIES         165

12.6.2      RESPONSIVE COMPANIES            165

12.6.3      DYNAMIC COMPANIES  166

12.6.4      STARTING BLOCKS         166

12.6.5      COMPETITIVE BENCHMARKING               167

12.7         COMPANY VALUATION AND FINANCIAL METRICS                 169

12.8         BRAND/PRODUCT COMPARISON             170

12.9         COMPETITIVE SCENARIO             171

12.9.1      DEALS  171

12.9.2      OTHER DEVELOPMENTS              172

13            COMPANY PROFILES      175

13.1         KEY PLAYERS     175

13.1.1      NORTHROP GRUMMAN                 175

13.1.1.1  Business overview 175

13.1.1.2  Products/Solutions offered 176

13.1.1.3  Recent developments           177

13.1.1.3.1                Other developments             177

13.1.1.4  MnM view              177

13.1.1.4.1                Key strengths        177

13.1.1.4.2                Strategic choices   178

13.1.1.4.3                Weaknesses and competitive threats 178

13.1.2      SAFRAN                179

13.1.2.1  Business overview 179

13.1.2.2  Products/Solutions offered 180

13.1.2.3  Recent developments           181

13.1.2.3.1                Deals      181

13.1.2.3.2                Other developments             181

13.1.2.4  MnM view              182

13.1.2.4.1                Key strengths        182

13.1.2.4.2                Strategic choices   182

13.1.2.4.3                Weaknesses and competitive threats 182

13.1.3      THALES ALENIA SPACE 183

13.1.3.1  Business overview 183

13.1.3.2  Products/Solutions offered 183

13.1.3.3  Recent developments           184

13.1.3.3.1                Deals      184

13.1.3.3.2                Other developments             184

13.1.3.4  MnM view              185

13.1.3.4.1                Key strengths        185

13.1.3.4.2                Strategic choices   185

13.1.3.4.3                Weaknesses and competitive threats 185

13.1.4      L3HARRIS TECHNOLOGIES, INC.               186

13.1.4.1  Business overview 186

13.1.4.2  Products/Solutions offered 187

13.1.4.3  Recent developments           188

13.1.4.3.1                Deals      188

13.1.4.4  MnM view              189

13.1.4.4.1                Key strengths        189

13.1.4.4.2                Strategic choices   189

13.1.4.4.3                Weaknesses and competitive threats 189

13.1.5      AIRBUS 190

13.1.5.1  Business overview 190

13.1.5.2  Products/Solutions offered 191

13.1.5.3  Recent developments           191

13.1.5.3.1                Other developments             191

13.1.5.4  MnM view              192

13.1.5.4.1                Key strengths        192

13.1.5.4.2                Strategic choices   192

13.1.5.4.3                Weaknesses and competitive threats 192

13.1.6      LOCKHEED MARTIN CORPORATION      193

13.1.6.1  Business overview 193

13.1.6.2  Products/Solutions offered 194

13.1.6.3  Recent developments           195

13.1.6.3.1                Other developments             195

13.1.7      MOOG INC.         196

13.1.7.1  Business overview 196

13.1.7.2  Products/Solutions offered 197

13.1.7.3  Recent developments           198

13.1.7.3.1                Other developments             199

13.1.8      DAWN AEROSPACE         200

13.1.8.1  Business overview 200

13.1.8.2  Products/Solutions offered 200

13.1.8.3  Recent developments           201

13.1.8.3.1                Deals      201

13.1.9      RAFAEL ADVANCED DEFENSE SYSTEMS                202

13.1.9.1  Business overview 202

13.1.9.2  Products/Solutions offered 202

13.1.10   IHI CORPORATION          203

13.1.10.1                 Business overview 203

13.1.10.2                 Products/Solutions offered 204

13.1.11   CU AEROSPACE 205

13.1.11.1                 Business overview 205

13.1.11.2                 Products/Solutions offered 205

13.1.11.3                 Recent developments           206

13.1.11.3.1             Other developments             206

13.1.12   EXOTRAIL           207

13.1.12.1                 Business overview 207

13.1.12.2                 Products/Solutions offered 207

13.1.12.3                 Recent developments           208

13.1.12.3.1             Other developments             208

13.1.13   OHB SE 209

13.1.13.1                 Business overview 209

13.1.13.2                 Products/Solutions offered 210

13.1.13.3                 Recent developments           211

13.1.13.3.1             Other developments             211

13.1.14   BUSEK CO. INC. 212

13.1.14.1                 Business overview 212

13.1.14.2                 Products/Solutions offered 212

13.1.14.3                 Recent developments           213

13.1.14.3.1             Other developments             213

13.1.15   BOEING                214

13.1.15.1                 Business overview 214

13.1.15.2                 Products/Solutions offered 215

13.1.16   ARIANE GROUP LTD       216

13.1.16.1                 Business overview 216

13.1.16.2                 Products/Solutions offered 216

13.1.16.3                 Recent developments           217

13.1.16.3.1             Other developments             217

13.2         OTHER PLAYERS              218

13.2.1      ENPULSION GMBH          218

13.2.2      THRUSTME         219

13.2.3      ORBION SPACE TECHNOLOGY  220

13.2.4      VACCO INDUSTRIES       221

13.2.5      IENAI SPACE      222

13.2.6      BELLATRIX AEROSPACE                223

13.2.7      PHASEFOUR       224

13.2.8      BENCHMARK SPACE SYSTEMS   224

13.2.9      KREIOS SPACE   225

13.2.10   MAGDRIVE TECHNOLOGIES       225

14            APPENDIX           226

14.1         DISCUSSION GUIDE        226

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                228

14.3         CUSTOMIZATION OPTIONS        230

14.4         RELATED REPORTS         230

14.5         AUTHOR DETAILS           231

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2020–2023            25

TABLE 2                AVERAGE SELLING PRICE, BY REGION, 2020–2023 (USD MILLION)       49

TABLE 3                INDICATIVE PRICING ANALYSIS, BY PLATFORM, 2023 (USD MILLION)       49

TABLE 4                INDICATIVE PRICING ANALYSIS, BY PROPULSION TECHNOLOGY,

2023 (USD MILLION)       50

TABLE 5                ROLE OF PLAYERS IN MARKET ECOSYSTEM                 53

TABLE 6                IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         56

TABLE 7                EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         57

TABLE 8                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  58

TABLE 9                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  59

TABLE 10              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  59

TABLE 11              MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  60

TABLE 12              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  60

TABLE 13              STANDARDS & REGULATIONS RELATED TO SPACE PROPULSION MARKET    61

TABLE 14              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SATELLITE PROPULSION PLATFORMS     63

TABLE 15              KEY BUYING CRITERIA FOR END USERS                 64

TABLE 16              KEY CONFERENCES AND EVENTS, 2025  65

TABLE 17              VOLUME ANALYSIS, BY REGION, 2020–2023 (UNITS)                66

TABLE 18              VOLUME ANALYSIS, BY REGION, 2024–2030 (UNITS)                67

TABLE 19              COMPARISON BETWEEN BUSINESS MODELS                 69

TABLE 20              BILL OF MATERIALS (BOM) ANALYSIS FOR SATELLITE PROPULSION SYSTEMS         72

TABLE 21              BREAKDOWN OF TOTAL COST OF OWNERSHIP FOR SATELLITE PROPULSION PLATFORMS (USD MILLION)                 73

TABLE 22              AVERAGE TOTAL COST OF OWNERSHIP FOR SATELLITE PROPULSION

PLATFORMS (USD MILLION)      75

TABLE 23              TYPES OF CUBESATE PROPULSION SYSTEM MODULES           84

TABLE 24              OVERVIEW OF HYBRID PROPULSION SYSTEMS                 85

TABLE 25              COMPARISON BETWEEN GREEN AND HYDRAZINE PROPELLANTS        87

TABLE 26              LIST OF MAJOR PATENTS PERTAINING TO SATELLITE PROPULSION SYSTEMS, 2024               92

TABLE 27              SATELLITE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                96

TABLE 28              SATELLITE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                97

TABLE 29              FUNDING FOR SPACE LAUNCHES BY COMMERCIAL ORGANIZATIONS,

2019–2021 (USD MILLION)            98

TABLE 30              SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY,

2020–2023 (USD MILLION)            101

TABLE 31              SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY,

2024–2030 (USD MILLION)            102

TABLE 32              SATELLITE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   106

TABLE 33              SATELLITE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   106

TABLE 34              STARLINK V1.5 SATELLITE SPECIFICATIONS                 107

TABLE 35              S-CLASS SATELLITE SPECIFICATIONS    108

TABLE 36              SMARTLEO AGILE PLATFORM SPECIFICATIONS                 109

TABLE 37              THALES ALENIA SPACE (TAS)’S SPACEBUS 4000 SATELLITE PLATFORM SPECIFICATIONS              110

TABLE 38              BOEING 702X SATELLITE SPECIFICATIONS                 110

TABLE 39              SATELLITE PROPULSION MARKET, BY SYSTEM, 2020–2023 (USD MILLION)            112

TABLE 40              SATELLITE PROPULSION MARKET, BY SYSTEM, 2024–2030 (USD MILLION)            113

TABLE 41              ANALYSIS OF SATELLITE PROPULSION MARKET PROPELLANTS  113

TABLE 42              SATELLITE PROPULSION MARKET, BY REGION, 2020–2023 (USD MILLION)            122

TABLE 43              SATELLITE PROPULSION MARKET, BY REGION, 2024–2030 (USD MILLION)            122

TABLE 44              NORTH AMERICA: SATELLITE PROPULSION MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               124

TABLE 45              NORTH AMERICA: SATELLITE PROPULSION MARKET,

BY COUNTRY, 2024–2030 (USD MILLION)               125

TABLE 46              NORTH AMERICA: SATELLITE PROPULSION MARKET,

BY PLATFORM, 2020–2023 (USD MILLION)             125

TABLE 47              NORTH AMERICA: SATELLITE PROPULSION MARKET,

BY PLATFORM, 2024–2030 (USD MILLION)             125

TABLE 48              NORTH AMERICA: SATELLITE PROPULSION MARKET,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 125

TABLE 49              NORTH AMERICA: SATELLITE PROPULSION MARKET,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 126

TABLE 50              NORTH AMERICA: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 126

TABLE 51              NORTH AMERICA: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 126

TABLE 52              NORTH AMERICA: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 126

TABLE 53              NORTH AMERICA: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 127

TABLE 54              NORTH AMERICA: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 127

TABLE 55              NORTH AMERICA: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 127

TABLE 56              ASIA PACIFIC: SATELLITE PROPULSION MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            130

TABLE 57              ASIA PACIFIC: SATELLITE PROPULSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            131

TABLE 58              ASIA PACIFIC: SATELLITE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            131

TABLE 59              ASIA PACIFIC: SATELLITE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            131

TABLE 60              ASIA PACIFIC: SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)            131

TABLE 61              ASIA PACIFIC: SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)            132

TABLE 62              ASIA PACIFIC: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 132

TABLE 63              ASIA PACIFIC: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 132

TABLE 64              ASIA PACIFIC: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 132

TABLE 65              ASIA PACIFIC: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 133

TABLE 66              ASIA PACIFIC: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 133

TABLE 67              ASIA PACIFIC: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 133

TABLE 68              EUROPE: SATELLITE PROPULSION MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            138

TABLE 69              EUROPE: SATELLITE PROPULSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            138

TABLE 70              EUROPE: SATELLITE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            138

TABLE 71              EUROPE: SATELLITE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            138

TABLE 72              EUROPE: SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY,

2020–2023 (USD MILLION)            139

TABLE 73              EUROPE: SATELLITE PROPULSION MARKET, BY PROPULSION TECHNOLOGY,

2024–2030 (USD MILLION)            139

TABLE 74              EUROPE: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 139

TABLE 75              EUROPE: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 139

TABLE 76              EUROPE: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 140

TABLE 77              EUROPE: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 140

TABLE 78              EUROPE: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 140

TABLE 79              EUROPE: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 140

TABLE 80              MIDDLE EAST: SATELLITE PROPULSION MARKET, BY REGION,

2020–2023 (USD MILLION)            144

TABLE 81              MIDDLE EAST: SATELLITE PROPULSION MARKET, BY REGION,

2024–2030 (USD MILLION)            145

TABLE 82              MIDDLE EAST: SATELLITE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            145

TABLE 83              MIDDLE EAST: SATELLITE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            145

TABLE 84              MIDDLE EAST: SATELLITE PROPULSION MARKET,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 145

TABLE 85              MIDDLE EAST: SATELLITE PROPULSION MARKET,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 146

TABLE 86              MIDDLE EAST: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 146

TABLE 87              MIDDLE EAST: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 146

TABLE 88              MIDDLE EAST: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 146

TABLE 89              MIDDLE EAST: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 147

TABLE 90              MIDDLE EAST: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 147

TABLE 91              REST OF THE WORLD: SATELLITE PROPULSION MARKET,

BY REGION, 2020–2023 (USD MILLION)   150

TABLE 92              REST OF THE WORLD: SATELLITE PROPULSION MARKET,

BY REGION, 2024–2030 (USD MILLION)   150

TABLE 93              REST OF THE WORLD: SATELLITE PROPULSION MARKET,

BY PLATFORM, 2020–2023 (USD MILLION)             150

TABLE 94              REST OF THE WORLD: SATELLITE PROPULSION MARKET,

BY PLATFORM, 2024–2030 (USD MILLION)             150

TABLE 95              REST OF THE WORLD: SATELLITE PROPULSION MARKET,

BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)                 151

TABLE 96              REST OF THE WORLD: SATELLITE PROPULSION MARKET,

BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)                 151

TABLE 97              REST OF THE WORLD: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS, BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)            151

TABLE 98              REST OF THE WORLD: SATELLITE PROPULSION MARKET FOR SMALL PLATFORMS, BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)            151

TABLE 99              REST OF THE WORLD: SATELLITE PROPULSION MARKET FOR MEDIUM PLATFORMS, BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)            152

TABLE 100            REST OF THE WORLD: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS, BY PROPULSION TECHNOLOGY, 2020–2023 (USD MILLION)            152

TABLE 101            REST OF THE WORLD: SATELLITE PROPULSION MARKET FOR LARGE PLATFORMS, BY PROPULSION TECHNOLOGY, 2024–2030 (USD MILLION)            152

TABLE 102            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024        154

TABLE 103            SATELLITE PROPULSION MARKET: DEGREE OF COMPETITION 157

TABLE 104            END USER FOOTPRINT 162

TABLE 105            PROPULSION TECHNOLOGY FOOTPRINT                 163

TABLE 106            SYSTEM FOOTPRINT      164

TABLE 107            REGION FOOTPRINT     165

TABLE 108            LIST OF STARTUPS/SMES             167

TABLE 109            COMPETITIVE BENCHMARKING OF STARTUPS/SMES              168

TABLE 110            SATELLITE PROPULSION MARKET: DEALS, JANUARY 2020–DECEMBER 2024 171

TABLE 111            SATELLITE PROPULSION MARKET: OTHER DEVELOPMENTS,

JANUARY 2020–DECEMBER 2024 172

TABLE 112            NORTHROP GRUMMAN: COMPANY OVERVIEW                 175

TABLE 113            NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS OFFERED          176

TABLE 114            NORTHROP GRUMMAN: OTHER DEVELOPMENTS              177

TABLE 115            SAFRAN: COMPANY OVERVIEW 179

TABLE 116            SAFRAN: PRODUCTS/SOLUTIONS OFFERED                 180

TABLE 117            SAFRAN: DEALS                 181

TABLE 118            SAFRAN: OTHER DEVELOPMENTS           181

TABLE 119            THALES ALENIA SPACE: COMPANY OVERVIEW                 183

TABLE 120            THALES ALENIA SPACE: PRODUCTS/SOLUTIONS OFFERED          183

TABLE 121            THALES ALENIA SPACE: DEALS 184

TABLE 122            THALES ALENIA SPACE: OTHER DEVELOPMENTS              184

TABLE 123            L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW          186

TABLE 124            L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS OFFERED          187

TABLE 125            L3HARRIS TECHNOLOGIES, INC.: DEALS                 188

TABLE 126            AIRBUS: COMPANY OVERVIEW 190

TABLE 127            AIRBUS: PRODUCTS/SOLUTIONS OFFERED                 191

TABLE 128            AIRBUS: OTHER DEVELOPMENTS            191

TABLE 129            LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW          193

TABLE 130            LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS OFFERED          194

TABLE 131            LOCKHEED MARTIN CORPORATION: OTHER DEVELOPMENTS              195

TABLE 132            MOOG INC.: COMPANY OVERVIEW          196

TABLE 133            MOOG INC.: PRODUCTS/SOLUTIONS OFFERED                 197

TABLE 134            MOOG INC.: DEALS         198

TABLE 135            MOOG INC.: OTHER DEVELOPMENTS   199

TABLE 136            DAWN AEROSPACE: COMPANY OVERVIEW                 200

TABLE 137            DAWN AEROSPACE: PRODUCTS/SOLUTIONS OFFERED             200

TABLE 138            DAWN AEROSPACE: DEALS         201

TABLE 139            RAFAEL ADVANCED DEFENSE SYSTEMS: COMPANY OVERVIEW   202

TABLE 140            RAFAEL ADVANCED DEFENSE SYSTEMS: PRODUCTS/SOLUTIONS OFFERED          202

TABLE 141            IHI CORPORATION: COMPANY OVERVIEW                 203

TABLE 142            IHI CORPORATION: PRODUCTS/SOLUTIONS OFFERED             204

TABLE 143            CU AEROSPACE: COMPANY OVERVIEW 205

TABLE 144            CU AEROSPACE: PRODUCTS/SOLUTIONS OFFERED             205

TABLE 145            CU AEROSPACE: OTHER DEVELOPMENTS                 206

TABLE 146            EXOTRIAL: COMPANY OVERVIEW            207

TABLE 147            EXOTRIAL: PRODUCTS/SOLUTIONS OFFERED                 207

TABLE 148            EXOTRIAL: OTHER DEVELOPMENTS      208

TABLE 149            OHB SE: COMPANY OVERVIEW 209

TABLE 150            OHB SE: PRODUCTS/SOLUTIONS OFFERED                 210

TABLE 151            OHB SE: OTHER DEVELOPMENTS            211

TABLE 152            BUSEK CO, INC.: COMPANY OVERVIEW 212

TABLE 153            BUSEK CO, INC.: PRODUCTS/SOLUTIONS OFFERED             212

TABLE 154            BUSEK CO, INC.: OTHER DEVELOPMENTS                 213

TABLE 155            BOEING: COMPANY OVERVIEW 214

TABLE 156            BOEING: PRODUCTS/SOLUTIONS OFFERED                 215

TABLE 157            ARIANE GROUP LTD: COMPANY OVERVIEW                 216

TABLE 158            ARIANE GROUP LTD: PRODUCTS/SOLUTIONS OFFERED             216

TABLE 159            ARIANE GROUP LTD: OTHER DEVELOPMENTS                 217

TABLE 160            ENPULSION GMBH: COMPANY OVERVIEW                 218

TABLE 161            THRUSTME: COMPANY OVERVIEW         219

TABLE 162            ORBION SPACE TECHNOLOGY: COMPANY OVERVIEW          220

TABLE 163            VACCO INDUSTRIES: COMPANY OVERVIEW                 221

TABLE 164            IENAI SPACE: COMPANY OVERVIEW       222

TABLE 165            BELLATRIX AEROSPACE: COMPANY OVERVIEW                 223

TABLE 166            PHASEFOUR: COMPANY OVERVIEW        224

TABLE 167            BENCHMARK SPACE SYSTEMS: COMPANY OVERVIEW          224

TABLE 168            KREIOS SPACE: COMPANY OVERVIEW   225

TABLE 169            MAGDRIVE TECHNOLOGIES: COMPANY OVERVIEW          225

LIST OF FIGURES

FIGURE 1              RESEARCH DESIGN MODEL         27

FIGURE 2              RESEARCH DESIGN         28

FIGURE 3              BOTTOM-UP APPROACH              33

FIGURE 4              TOP-DOWN APPROACH                34

FIGURE 5              DATA TRIANGULATION                35

FIGURE 6              LARGE PLATFORM SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD          38

FIGURE 7              THRUSTERS SEGMENT TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD  39

FIGURE 8              COMMERCIAL SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING

FORECAST PERIOD         39

FIGURE 9              ASIA PACIFIC TO BE LARGEST MARKET IN 2024                 40

FIGURE 10            INCREASING DEMAND FOR ADVANCED SATELLITE PROPULSION TECHNOLOGIES TO DRIVE MARKET                 41

FIGURE 11            DEFENSE SEGMENT TO LEAD MARKET IN 2024                 41

FIGURE 12            ELECTRIC SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING

FORECAST PERIOD         42

FIGURE 13            CANADA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       42

FIGURE 14            SATELLITE PROPULSION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          43

FIGURE 15            AVERAGE SELLING PRICE, BY REGION, 2020–2023 (USD MILLION)       48

FIGURE 16            INDICATIVE PRICING ANALYSIS, BY PLATFORM, 2023 (USD MILLION)       49

FIGURE 17            INDICATIVE PRICING ANALYSIS, BY PROPULSION TECHNOLOGY,

2023 (USD MILLION)       50

FIGURE 18            VALUE CHAIN ANALYSIS               51

FIGURE 19            ECOSYSTEM ANALYSIS  53

FIGURE 20            TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS   54

FIGURE 21            IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         55

FIGURE 22            EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         57

FIGURE 23            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SATELLITE PROPULSION PLATFORMS     63

FIGURE 24            KEY BUYING CRITERIA FOR END USERS                 64

FIGURE 25            INVESTMENTS AND FUNDING SCENARIO, 2020–2024 (USD BILLION)        66

FIGURE 26            SATELLITE PROPULSION MARKET: COMPARISON BETWEEN BUSINESS

MODEL PROVIDERS       68

FIGURE 27            TECHNOLOGY ROADMAP OF SATELLITE PROPULSION SYSTEMS 70

FIGURE 28            EVOLUTION OF SATELLITE PROPULSION TECHNOLOGIES               70

FIGURE 29            EMERGING TRENDS IN SATELLITE PROPULSION MARKET  71

FIGURE 30            BILL OF MATERIALS (BOM) FOR SATELLITE PROPULSION SYSTEMS 73

FIGURE 31            BREAKDOWN OF TOTAL COST OF OWNERSHIP FOR SATELITE

PROPULSION SYSTEMS 74

FIGURE 32            AVERAGE TOTAL COST OF OWNERSHIP FOR SATELLITE PROPULSION

PLATFORMS (USD MILLION)      75

FIGURE 33            ADOPTION OF AI IN SATELLITE INDUSTRY                 76

FIGURE 34            AI IN SPACE: ADOPTION TRENDS, BY KEY COUNTRY            77

FIGURE 35            IMPACT OF AI ON SATELLITE PLATFORMS                 79

FIGURE 36            IMPACT OF AI ON SATELLITE PROPULSION MARKET               80

FIGURE 37            TECHNOLOGY TRENDS IN SATELLITE PROPULSION MARKET  83

FIGURE 38            SUPPLY CHAIN ANALYSIS             90

FIGURE 39            LIST OF MAJOR PATENTS RELATED TO SATELLITE PROPULSION SYSTEMS         91

FIGURE 40            COMMERCIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       96

FIGURE 41            ELECTRIC SEGMENT TO LEAD MARKET DURING BY 2030                101

FIGURE 42            LARGE SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2030   106

FIGURE 43            THRUSTERS SEGMENT TO GROW AT HIGHEST CAGR BY 2030     112

FIGURE 44            ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE IN 2024   121

FIGURE 45            NORTH AMERICA: SATELLITE PROPULSION MARKET SNAPSHOT       124

FIGURE 46            ASIA PACIFIC: SATELLITE PROPULSION MARKET SNAPSHOT       130

FIGURE 47            EUROPE: SATELLITE PROPULSION MARKET SNAPSHOT          137

FIGURE 48            MIDDLE EAST: SATELLITE PROPULSION MARKET SNAPSHOT       143

FIGURE 49            REST OF THE WORLD: SATELLITE PROPULSION MARKET SNAPSHOT       149

FIGURE 50            REVENUE ANALYSIS OF TOP FOUR PLAYERS, 2020–2023 (USD MILLION)            156

FIGURE 51            MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023        156

FIGURE 52            SATELLITE PROPULSION MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023       160

FIGURE 53            COMPANY FOOTPRINT 161

FIGURE 54            SATELLITE PROPULSION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 166

FIGURE 55            VALUATION OF PROMINENT MARKET PLAYERS                 169

FIGURE 56            FINANCIAL METRICS OF PROMINENT MARKET PLAYERS              169

FIGURE 57            BRAND/PRODUCT COMPARISON             170

FIGURE 58            NORTHROP GRUMMAN: COMPANY SNAPSHOT                 176

FIGURE 59            SAFRAN: COMPANY SNAPSHOT 180

FIGURE 60            L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT          187

FIGURE 61            AIRBUS: COMPANY SNAPSHOT 190

FIGURE 62            LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT          194

FIGURE 63            MOOG INC.: COMPANY SNAPSHOT         196

FIGURE 64            IHI CORPORATION: COMPANY SNAPSHOT                 204

FIGURE 65            OHB SE: COMPANY SNAPSHOT 210

FIGURE 66            BOEING: COMPANY SNAPSHOT                 215