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 study also provides regional analysis (North America, Europe, Latin America, Middle East and Africa, Asia-Pacific), focusing on revenue and unit forecast by application. In addition, we assessed the top 10 global market participants by competitiveness, product, and R&D capabilities.
Other information includes:
• Analysis of satellite propulsion by orbit, system type, and application
• Market dynamics, drivers, and restraints
• The competitive environment for companies and countries
Frost & Sullivan offers insights into challenges to enable satellite propulsion solutions stakeholders to be aware of potential issues while developing strategies to capture opportunities over the forecast period.
Author: Tiffany Kahapea

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Global Satellite Propulsion Solutions Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Demand Segmentation
Satellite Propulsion by System Type
Market Overview
Quick Facts
Satellite Propulsion by Mass Class
Current and Emerging Trends
Current and Future Projects
Space Verticals
Competitors
Satellite Forecast by Mass
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Forecast Assumptions
Growth Metrics
Revenue and Number of Satellites Forecast
Revenue and Number of Satellites Forecast by Application
Satellite Forecast by Region
Revenue Forecast by Region
Revenue and Satellite Forecast Analysis
Competitive Environment
Revenue Share
Revenue Share Analysis
Boeing
Boeing SWOT
Northrop Grumman
Northrop Grumman SWOT
Safran
Safran SWOT
Airbus S.A.S.
Airbus S.A.S. SWOT
Thales Alenia
Thales Alenia SWOT
MBDA/ArianeSpace
MBDA/ArianeSpace SWOT
Raytheon Technologies
Raytheon Technologies SWOT
Aerojet Rocketdyne
Aerojet Rocketdyne SWOT
IHI Aerospace
IHI Aerospace SWOT
Growth Metrics
Revenue and Satellite Forecast
Revenue and Satellite Forecast by Application
Forecast Analysis
Growth Metrics
Revenue and Satellite Forecast
Revenue and Satellite Forecast by Application
Forecast Analysis
Growth Metrics
Revenue and Satellite Forecast
Revenue and Satellite Forecast by Application
Forecast Analysis
Growth Metrics
Revenue and Satellite Forecast
Revenue and Satellite Forecast by Application
Forecast Analysis
Growth Metrics
Revenue and Satellite Forecast
Revenue and Satellite Forecast by Application
Forecast Analysis
Growth Opportunity 1: Micro-propulsion Systems
Growth Opportunity 1: Micro-propulsion Systems (continued)
Growth Opportunity 2: Solar Sails
Growth Opportunity 2: Solar Sails (continued)
Growth Opportunity 3: ASEP
Growth Opportunity 3: ASEP (continued)
Conclusion—Main Takeaways
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
- Satellite Propulsion Solutions: Companies Share by Region, Global, 2021
- Satellite Propulsion Solutions: Overview of Space Verticals, Global, 2021
- Satellite Propulsion Solutions: Satellite Forecast by Mass, Global, 2021–2031
- Satellite Propulsion Solutions: Growth Drivers, Global, 2022–2031
- Satellite Propulsion Solutions: Growth Restraints, Global, 2022–2031
- Satellite Propulsion Solutions: Growth Metrics, Global, 2021
- Satellite Propulsion Solutions: Revenue and Number of Satellites Forecast, Global, 2021–2031
- Satellite Propulsion Solutions: Revenue and Number of Satellites Forecast by Application, Global, 2021–2031
- Satellite Propulsion Solutions: Satellite Forecast by Region, Global, 2021–2031
- Satellite Propulsion Solutions: Revenue Forecast by Region, Global, 2021–2031
- Satellite Propulsion Solutions: Competitive Environment, Global, 2021
- Satellite Propulsion Solutions: Revenue Share of Top 10 Participants, Global, 2021
- Satellite Propulsion Solutions: Growth Metrics, North America, 2021
- Satellite Propulsion Solutions: Revenue and Unit Forecast, North America, 2021–2031
- Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, North America, 2021–2031
- Satellite Propulsion Solutions: Growth Metrics, Europe, 2021
- Satellite Propulsion Solutions: Revenue and Unit Forecast, Europe, 2021–2031
- Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Europe, 2021–2031
- Satellite Propulsion Solutions: Growth Metrics, Latin America, 2021
- Satellite Propulsion Solutions: Revenue and Unit Forecast, Latin America, 2021–2031
- Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Latin America, 2021–2031
- Satellite Propulsion Solutions: Growth Metrics, Middle East and Africa, 2021
- Satellite Propulsion Solutions: Revenue and Unit Forecast, Middle East and Africa, 2021–2031
- Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Middle East and Africa, 2021–2031
- Satellite Propulsion Solutions: Growth Metrics, Asia-Pacific, 2021
- Satellite Propulsion Solutions: Revenue and Unit Forecast, Asia-Pacific, 2021–2031
- Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Asia-Pacific, 2021–2031
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| Deliverable Type | Market Research |
|---|---|
| Author | Tiffany Kahapea |
| Industries | Aerospace, Defence and Security |
| No Index | No |
| Is Prebook | No |
| List of Charts and Figures | Satellite Propulsion Solutions: Companies Share by Region, Global, 2021~ Satellite Propulsion Solutions: Overview of Space Verticals, Global, 2021~ Satellite Propulsion Solutions: Satellite Forecast by Mass, Global, 2021–2031~ Satellite Propulsion Solutions: Growth Drivers, Global, 2022–2031~ Satellite Propulsion Solutions: Growth Restraints, Global, 2022–2031~ Satellite Propulsion Solutions: Growth Metrics, Global, 2021~ Satellite Propulsion Solutions: Revenue and Number of Satellites Forecast, Global, 2021–2031~ Satellite Propulsion Solutions: Revenue and Number of Satellites Forecast by Application, Global, 2021–2031~ Satellite Propulsion Solutions: Satellite Forecast by Region, Global, 2021–2031~ Satellite Propulsion Solutions: Revenue Forecast by Region, Global, 2021–2031~ Satellite Propulsion Solutions: Competitive Environment, Global, 2021~ Satellite Propulsion Solutions: Revenue Share of Top 10 Participants, Global, 2021~ Satellite Propulsion Solutions: Growth Metrics, North America, 2021~ Satellite Propulsion Solutions: Revenue and Unit Forecast, North America, 2021–2031~ Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, North America, 2021–2031~ Satellite Propulsion Solutions: Growth Metrics, Europe, 2021~ Satellite Propulsion Solutions: Revenue and Unit Forecast, Europe, 2021–2031~ Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Europe, 2021–2031~ Satellite Propulsion Solutions: Growth Metrics, Latin America, 2021~ Satellite Propulsion Solutions: Revenue and Unit Forecast, Latin America, 2021–2031~ Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Latin America, 2021–2031~ Satellite Propulsion Solutions: Growth Metrics, Middle East and Africa, 2021~ Satellite Propulsion Solutions: Revenue and Unit Forecast, Middle East and Africa, 2021–2031~ Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Middle East and Africa, 2021–2031~ Satellite Propulsion Solutions: Growth Metrics, Asia-Pacific, 2021~ Satellite Propulsion Solutions: Revenue and Unit Forecast, Asia-Pacific, 2021–2031~ Satellite Propulsion Solutions: Revenue and Unit Forecast by Application, Asia-Pacific, 2021–2031~ |
| Podcast | No |
| WIP Number | K7E8-01-00-00-00 |
Global Satellite Propulsion Solutions Market
New Market Entrants, Advanced Technologies, and Increased Demand Aid Innovation
14-Nov-2022
North America
Market Research
