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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A form of electric propulsion device used for spacecraft propulsion is called a Hall Effect Thruster (HET). It produces thrust by accelerating ions to very high speeds using the Hall effect.
A magnetic field that is applied perpendicular to the direction of current flow in a conductor results in an electric field that is perpendicular to both the magnetic field and the current flow. This phenomenon is known as the Hall effect.In a Hall Effect Thruster, an electron gun ionises a gas, such as xenon, creating a plasma.
The ions are subsequently ejected from the thruster at high speeds as a result of the plasma being accelerated by a magnetic field that is applied to the plasma. Electromagnets placed all around the plasma chamber provide the magnetic field.
HETs are perfect for lengthy space missions because they are very effective and have high specific impulse, which is a measurement of the thrust produced per unit of propellant spent.
They are frequently employed for interplanetary missions, including as Dawn spacecraft, which utilised a HET to reach and orbit the dwarf planet Ceres, and in geostationary satellites to maintain their position.
Global Hall Effect Thruster market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The Jet Propulsion Laboratory (JPL) of NASA provided cutting-edge technology for the new Starlink argon Hall thrusters. Compared to conventional Hall thrusters, this technology, known as MaSMi, offers a stronger impulse and a longer lifetime.
This technology is also utilised by Apollo Fusion in their electric thruster for the Apollo Xenon Engine (AXE) Another illustration of this kind of advanced electric propulsion system is the ST-100 1.5 kW Hall-Effect Thruster created by SETS.
SETS Space created the ST-100 Hall-Effect Thruster. This thruster is intended for use in a variety of spacecraft operations, such as deep space missions, orbital manoeuvres, and maintaining the spacecraft's orbital parameters.
It has a 1.5 kW power output and uses additive manufacturing techniques to build its parts automatically and with greater accuracy.
The ST-100 Hall Effect Thruster has a long lifetime, good reliability, and parameter specifications.The ST-40 Hall Thruster with an anode layer for satellites up to 1 T in mass and the ST-25 Hall Thruster, a modified version of a Thruster with an Anode Layer, are also produced by SETS Space.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |