Global Electric Propulsion Satellite Market 2022-2026

Global Electric Propulsion Satellite Market 2022-2026

Technavio has been monitoring the electric propulsion satellite market and it is poised to grow by $ 15.71 bn during 2022-2026, accelerating at a CAGR of 16.28% during the forecast period. Our report on the electric propulsion satellite market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing preference for hosted payload, cost-effective solutions, and increasing use in military and defense applications.

The electric propulsion satellite market analysis includes type segment and geographic landscape.

Technavio's electric propulsion satellite market is segmented as below:

By Type

  • Hybrid
  • All-electric
By Geographical Landscape
  • North America
  • APAC
  • Europe
  • South America
  • The Middle East and Africa
This study identifies the introduction of lightweight amplifiers as one of the prime reasons driving the electric propulsion satellite market growth during the next few years. Also, the miniaturization of radar cameras and the use of nano and microsatellites for maintenance of bigger satellites will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the electric propulsion satellite market covers the following areas:
  • Electric propulsion satellite market sizing
  • Electric propulsion satellite market forecast
  • Electric propulsion satellite market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric propulsion satellite market vendors that include Accion Systems Inc., Ad Astra Rocket Co., Aerojet Rocketdyne Holdings Inc., Airbus SE, Busek Co. Inc., INVAP S.E., Northrop Grumman Corp., OHB System AG, Safran SA, Sitael S.p.A., Thales Group, and The Boeing Co.. Also, the electric propulsion satellite market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2021 and 2026
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2021-2026 (%)
      • Table Data Table on Type - Market share 2021-2026 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Hybrid - Market size and forecast 2021-2026
      • Table Chart on Hybrid - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Hybrid - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Hybrid - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Hybrid - Year-over-year growth 2021-2026 (%)
    • All-electric - Market size and forecast 2021-2026
      • Table Chart on All-electric - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on All-electric - Market size and forecast 2021-2026 ($ million)
      • Table Chart on All-electric - Year-over-year growth 2021-2026 (%)
      • Table Data Table on All-electric - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • China - Market size and forecast 2021-2026
      • Table Chart on China - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Table Chart on China - Year-over-year growth 2021-2026 (%)
      • Table Data Table on China - Year-over-year growth 2021-2026 (%)
    • Russia - Market size and forecast 2021-2026
      • Table Chart on Russia - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Russia - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Russia - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Russia - Year-over-year growth 2021-2026 (%)
    • India - Market size and forecast 2021-2026
      • Table Chart on India - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Table Chart on India - Year-over-year growth 2021-2026 (%)
      • Table Data Table on India - Year-over-year growth 2021-2026 (%)
    • Japan - Market size and forecast 2021-2026
      • Table Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing preference for payload hosted
      • Cost-effective solutions
      • increasing use in military and defense applications
    • Market challenges
      • Design and manufacturing constraints
      • Launch delays
      • Growing issues of space debris and deorbiting challenges
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • Introduction of lightweight amplifiers
      • Miniaturization of radar cameras
      • Use of nano and microsatellites for maintenance of bigger satellites
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Accion Systems Inc.
      • Table Accion Systems Inc. –Overview
      • Table Accion Systems Inc. - Product / Service
      • Table Accion Systems Inc. - Key offerings
    • Ad Astra Rocket Co.
      • Table Ad Astra Rocket Co. –Overview
      • Table Ad Astra Rocket Co. - Product / Service
      • Table Ad Astra Rocket Co. - Key offerings
    • Aerojet Rocketdyne Holdings Inc.
      • Table Aerojet Rocketdyne Holdings Inc. –Overview
      • Table Aerojet Rocketdyne Holdings Inc. - Business segments
      • Table Aerojet Rocketdyne Holdings Inc. - Key offerings
      • Table Aerojet Rocketdyne Holdings Inc. - Segment focus
    • Airbus SE
      • Table Airbus SE – Overview
      • Table Airbus SE - Business segments
      • Table Airbus SE - Key news
      • Table Airbus SE - Key offerings
      • Table Airbus SE - Segment focus
    • Busek Co. Inc.
      • Table Busek Co. Inc. –Overview
      • Table Busek Co. Inc. - Product / Service
      • Table Busek Co. Inc. - Key offerings
    • Northrop Grumman Corp.
      • Table Northrop Grumman Corp. –Overview
      • Table Northrop Grumman Corp. - Business segments
      • Table Northrop Grumman Corp. - Key news
      • Table Northrop Grumman Corp. - Key offerings
      • Table Northrop Grumman Corp. - Segment focus
    • Safran SA
      • Table Safran SA – Overview
      • Table Safran SA - Business segments
      • Table Safran SA - Key news
      • Table Safran SA - Key offerings
      • Table Safran SA - Segment focus
    • Sitael S.p.A.
      • Table Sitael S.p.A. –Overview
      • Table Sitael S.p.A. - Product / Service
      • Table Sitael S.p.A. - Key offerings
    • Thales Group
      • Table Thales Group – Overview
      • Table Thales Group - Business segments
      • Table Thales Group - Key offerings
      • Table Thales Group - Segment focus
    • The Boeing Co.
      • Table The Boeing Co. –Overview
      • Table The Boeing Co. - Business segments
      • Table The Boeing Co. - Key news
      • Table The Boeing Co. - Key offerings
      • Table The Boeing Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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