Authored By: Sarah
18 Oct 2021

Electric Propulsion Satellite: Discover Key Drivers that will Boost Growth

Market Insights to Drive Recovery from COVID-19

The Global Electric Propulsion Satellite Market is projected to grow by $ 12.27 bn, accelerating at a CAGR of over 14.95% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.


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Electric Propulsion Satellite Market: Key Market Drivers

Technavio has identified  Growing preference for hosted payload as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Top Drivers for Electric Propulsion Satellite Market Size to Grow by $ 12.27 bn During 2021-2025

Electric Propulsion Satellite Market: Segments and Geographical Regions

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Electric Propulsion Satellite Market is segmented by Type (hybrid and all-electric) and Geography (North America, APAC, Europe, South America, and MEA). Request our Free Sample Report

Electric Propulsion Satellite Market: Vendor Analysis

The Electric Propulsion Satellite Market is fragmented and market growth of the depends on market conditions, government support, and industry development. Our report offers a detailed study of all the factors that can influence growth. Accion Systems Inc., Aerojet Rocketdyne Holdings Inc., Airbus SE, Lockheed Martin Corp., Mitsubishi Electric Corp., Northrop Grumman Corp., OHB SE, Safran SA, Thales Group, and The Boeing Co. are some of the major market participants. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 14.95%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 12.27 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Growing preference for hosted payload will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, APAC, Europe, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    41% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Accion Systems Inc., Aerojet Rocketdyne Holdings Inc., Airbus SE, Lockheed Martin Corp., Mitsubishi Electric Corp., Northrop Grumman Corp., OHB SE, Safran SA, Thales Group, and The Boeing Co.
     
  7. What are the market segments covered in this report?
    The market is segmented by Type (hybrid and all-electric) and Geography (North America, APAC, Europe, South America, and MEA)
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