Global Hall Effect Thruster Market 2023-2030
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Global Hall Effect Thruster Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL HALL EFFECT THRUSTER MARKET

 

INTRODUCTION

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 SIZE AND FORECAST

 

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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.

 

NEW PRODUCT LAUNCH

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.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Hall Effect Thruster are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Hall Effect Thruster and key vendor selection criteria
  3. Where is the Hall Effect Thruster manufactured? What is the average margin per unit?
  4. Market share of Global Hall Effect Thruster market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Hall Effect Thruster in-house
  6. key predictions for next 5 years in Global Hall Effect Thruster market
  7. Average B-2-B Hall Effect Thruster market price in all segments
  8. Latest trends in Hall Effect Thruster market, by every market segment
  9. The market size (both volume and value) of the Hall Effect Thruster market in 2023-2030 and every year in between?
  10. Production breakup of Hall Effect Thruster market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix