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Electric Propulsion Satellites Market Report 2022: Growing Use of 3D Printing in Propulsion Drives Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 21, 2022

The electric propulsion satellites market is anticipated to grow at a CAGR of more than 6% during the forecast period.

Key Points: 
  • The electric propulsion satellites market is anticipated to grow at a CAGR of more than 6% during the forecast period.
  • The absence of a combustion supporting atmosphere in space has resulted in the increased adoption of electric propulsion technologies for maneuvering satellites in orbit.
  • Besides, the emergence of global green emission initiatives has encouraged the adoption of eco-friendly propulsion technologies, such as electric propulsion.
  • The prominent players in the electric propulsion satellites market are Sitael S.p.A., Busek Co. Inc., Northrop Grumman Corporation, Thales Alenia Space, and Safran SA.