Latest released, the research study on Global Propulsion Systems Market Research Report 2021, report comprises growth rate, size, analysis by type, market segment by Application, market competition by manufacturers, share by region, manufacturing cost analysis, Also, the Propulsion Systems Market offers market breakdown, competitive situation and trends, key raw materials analysis, dynamics, forecast by type, by application and revenue estimates with covid-19 impact till 2027.
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The Propulsion Systems Market is expected to register a CAGR of 6.5% over the forecast period 2021 – 2027.
The study covers competitive landscape of top manufacturers are: CFM, General Electric Company, Rolls-Royce Holdings, United Technologies, Safran, Honeywell, GKN Aerospace, MTU Aero Engines, United Engine Corporation, Aero Engine Corporation of China
Global Propulsion Systems Market Segmentation:
Segmentation By Type:
Air Breathing Engines
Non-Air Breathing Engines
Segmentation By Application:
Unmanned Aerial Vehicles
Asia-Pacific to Witness the Highest Growth During the Forecast Period
Countries in the Asia-Pacific region, such as China and India, are investing heavily in space exploration activities, and they are expected to continue the same during the forecast period. The Indian Space agency is currently focused on developing the indigenous space launch industry. For instance, in 2018, the Government of India approved USD 1.31 billion for building 40 PSLV and GSLV rockets over the next 5-year span to launch communication satellites and increase broadband connectivity for rural areas. This may strengthen the space infrastructure and reduce the dependence on procured launches from foreign countries. In addition, there are many projects from the region that are lined up during the forecast period. For instance, from India, there are projects like Chandrayaan-3 in 2021 and the Gaganyaan in 2021, in which the agency is planning to send astronauts to space.
The operating framework of the space industry renders it uniquely vulnerable to economic shocks. The recent growth in the space sector generated unprecedented levels of entrepreneurship and start-up activity. Certain industry segments, such as space exploration and science, or even satellite manufacturing, are characterized by low production volumes and high levels of specialization, with a limited number of suppliers. These segments tend to be populated by small and medium-sized enterprises (SMEs). However, the COVID-19 crisis has heightened the risk of industry concentration, eliminating smaller and younger firms, several of which are dependent on contracts from larger firms and are marred with slow product deliveries and mission deployments due to social distancing measures and supply-chain delays.
Highlights of Propulsion Systems Market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
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Table of Contents:
Global Propulsion Systems Market Research Report 2021
Chapter 1 – Market Overview
Chapter 2 – Industry’s Global Economic Impact
Chapter 3 – Manufacturers’ Global Market Competition
Chapter 4 – Revenue (Value) by Region for Global Productions
Chapter 5 – By Regions: Global Provisions (Production), Consumption, Export, and Import
Chapter 6 – Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 7- Global Market Analysis by Application
Chapter 8 – Manufacturing Cost Analysis
Chapter 9 – Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 10 – Marketing Strategy Analysis, Distributors/Traders
Chapter 11- Market Effect Factors Analysis
Chapter 12- Global Propulsion Systems Market Forecast
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Impact of Covid-19:
The influence of COVID-19 on market growth is considered in the research. The effect of the COVID-19 epidemic on the Propulsion Systems Market and its major segments is enclosed in depth in this report. It also addresses the pandemic’s present and future consequences, as well as a post-COVID-19 scenario to provide for a more in-depth knowledge of dynamic changes in the market.
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