Piyasa bakış

The global satellite electric propulsion market is projected to reach $1,027 million in 2032, growing at a rate of 4.10% tahmin dönemi boyunca. The increasing demand from the commercial industry has driven the growth of satellite electric propulsion technology companies. The market ecosystem includes system manufacturers, original equipment manufacturers (OEMs), and end users.

From 1957 ile 2021, various governments and commercial organizations such as Ariane Space, the European Space Agency (ESA), the National Aeronautics and Space Administration (NASA), and the Japan Aerospace Exploration Agency (JAXA) have conducted demonstrations of new propulsion systems for different satellites in low Earth orbit (LEO). Continuous technological advancements have transformed the space industry, leading to the development of unique products and systems.

The proliferation of smaller telecom satellites in low Earth orbit (LEO) and the upcoming mega-constellations create a significant demand for electric propulsion production during the forecast period. bunlara ek olarak, research and development efforts focused on building low-cost and efficient propulsion systems for satellites contribute to market growth.

Drivers for the global satellite electric propulsion market include the increasing demand for large constellations for smaller telecom satellites in LEO and rising research and development activities aimed at building low-cost and efficient propulsion systems for satellites.

Challenges for the global satellite electric propulsion market include the relatively low thrust nature of electric propulsion systems, which result in longer timelines for orbit transfer, risking satellite exposure to radiation and delaying mission timelines. The integration of electric propulsion also leads to a growing power budget, requiring more onboard power and additional associated power electronics.

Opportunities for the global satellite electric propulsion market include the ability for satellite manufacturers to achieve multiple variants of satellites when utilizing the all-electric option due to its scalability advantage.

Pazar Segmentasyonu

Pazar çeşitli faktörlere göre bölümlere ayrılmıştır, including mass class, mission type, mission application, component, and region.

Segmentation by Mass Class
Small Satellite (0-500 Kg)
Medium Satellite (501-2,200 Kg)
Large Satellite (Above 2,200 Kg)

Segmentation by Mission Type
Earth Observation
Communication
Technology Development
Diğerleri

Segmentation by Mission Application
Station Keeping
Orbit Raising

Segmentation by Component
Power Control Units
Power Distribution Units
Pointing Mechanism
Pressure Regulators
Valves
Flow Controllers
Mass Flow Sensors
Pressure Transducers
Particle Filters
Tanks
Plumbing/Tuning
Propulsion Chamber/Nozzle

Segmentation by Region
Kuzey Amerika – U.S.
Avrupa – Fransa, Almanya, Rusya, U.K., and Rest-of-Europe
Asia-Pacific – Çin, Hindistan, and Rest-of-Asia-Pacific
Rest-of-the-World – Middle East and Africa and South America

The satellite electric propulsion market is projected to generate significant revenues, primarily from the above 2,200 Kg mass segment, followed by the 0-500 Kg segment. İçinde 2021, the above 2,200 Kg segment of the satellite electric propulsion market generated $341 million in revenue, and it is anticipated to grow at a compound annual growth rate (CAGR) ile ilgili 0.14% itibaren 2022 ile 2032, reaching $475 million by 2032.

Regarding mission type, the communication segment is expected to dominate the global satellite electric propulsion market during the forecast period. This is attributed to the increasing deployment of small satellite constellations for communication purposes by commercial industries. Communication satellites are utilized for various applications such as telecommunications, internet services, radio broadcasting, disaster management, and military operations. Major players in the market, such as Boeing with its 702SP platform, Thales Alenia Space with the Spacebus Neo, and Airbus with the Eurostar E3000EOR, offer all-electric satellite buses specifically designed for communication satellites in geostationary Earth orbit (GEO). The use of electric propulsion systems in these large GEO satellites significantly reduces their mass by about 40%, leading to cost savings. Electric propulsion offers a higher specific impulse and requires less propellant compared to conventional chemical propulsion, allowing satellite operators to accommodate larger payloads while reducing overall satellite mass.

In terms of mission application, the station keeping segment is expected to dominate the global satellite electric propulsion market during the forecast period. Satellite operators prefer electric propulsion for station keeping, even though it may take longer for maneuvers to be completed. The space environment above Earth’s surface is highly dynamic, and the conditions in each orbit vary with altitude, solar activities, and geomagnetic changes. These factors result in changes in orbital energy due to interactions between the Earth and outer space. Regular burns performed by the satellite’s propulsion system are necessary to offset these changes and maintain a stable position in orbit.

The propulsion chamber/nozzle segment exhibited the highest market penetration in 2021. It generated $112 million in revenue, and it is anticipated to grow at a CAGR of 4.40% itibaren 2022 ile 2032, reaching $215 million by 2032.

Europe held the highest share of 81.82% in the global satellite electric propulsion market by value in 2021, primarily due to a significant number of companies based in the region. bunlara ek olarak, Asia-Pacific accounted for a share of 10.84% in 2021, and it is expected to experience the second-highest growth during the forecast period (2022-2032), driven by space activities in China and India. The increased investment from commercial space organizations such as Airbus, ENPULSION GmbH, ArianeGroup, Orbion Space Technology, along with government agencies focusing on different mass classes, is anticipated to drive substantial market growth in the satellite electric propulsion sector during the forecast period.

Rekabetçi Ortam

The satellite electric propulsion market is characterized by a competitive landscape, with key players employing various organic and inorganic strategies aimed at enhancing their market share. These strategies encompass product innovations, contracts, partnerships, acquisitions, and business expansions, among others. Notable participants in the global satellite electric propulsion market include Airbus, ArianeGroup, Astra, Busek Co. A.Ş., ENPULSION GmbH, and Orbion Space Technology. These companies actively seek partnerships, collaborations, agreements, and contracts to broaden their operations, elevate their global market presence, generate revenues, and attract new customers.

The selection of profiled companies is based on insights provided by primary experts, as well as analysis of the company’s market coverage, product portfolio, and market penetration.

Leading the market are well-established players in the field of electric propulsion for satellites, representing approximately 80% of the market presence. bunlara ek olarak, there are start-up entities accounting for approximately 20% of the market presence.

Key companies profiled in this report include Accion Systems, Airbus, Aliena Pte Ltd., ArianeGroup, Astra, Busek, ortak. Inc., CU Aerospace, ENPULSION GmbH, Moog Inc., Neutron Star Systems, Northrop Grumman, Orbion Space Technology, Phase Four, Inc., Safran, Sitael S.p.A, Thales Alenia Space.

Recent Industry Developments

In July 2022, Thales Alenia Space was awarded a $2.4 million contract by the European Space Agency (ESA) to develop Skimsat, a small satellite bus designed for very low Earth orbit (VLEO). The contract also entails the development of electric propulsion technology to mitigate air drag in VLEO.

In June 2022, Safran entered into a contract with Thales Alenia Space to supply its PPS 5000 plasma thruster for integration into Thales’s Galileo satellites.

In August 2021, Neutron Star Systems (NSS) and Bradford Space signed a cooperative agreement aimed at enhancing orbital transport and maneuvering capabilities. Under this agreement, Bradford will combine NSS’s electric propulsion technology with its own green monopropellant technology to improve its space logistics services.

In April 2021, ThrustMe was selected by the Norwegian Space Agency to provide their NPT30-I2 electric propulsion system for the NorSat-TD mission. The company will equip the NorSat-TD satellite with their iodine propulsion system, enabling collision avoidance maneuvers.

Cevaplanan Anahtar Sorular

What are the anticipated futuristic trends in the satellite electric propulsion market, and how do analysts expect the market to evolve from 2022 ile 2032?

What are the primary drivers and challenges faced by companies operating in the satellite electric propulsion market?

How is the market projected to grow throughout the forecast period of 2022-2032?

What opportunities exist for companies to expand their presence in the satellite electric propulsion market?

Which region is expected to emerge as the leader in the satellite electric propulsion market by 2032?

What key developmental strategies are being implemented by major players to maintain their competitiveness in this market?

What is the current and future revenue outlook for the satellite electric propulsion market?