The global Space Propulsion Systems market size was valued at USD 9517.6 million in 2023 and is forecast to a readjusted size of USD 22650 million by 2030 with a CAGR of 13.2% during review period.
Space propulsion systems are used to generate thrust in spacecraft, launch vehicles, capsules/cargos, and rovers/spacecraft landers for orbit insertion, station keeping, lifting launch vehicles into space, and attitude control, among others. These systems include chemical and non-chemical propulsion technologies such as electric, solar, nuclear, and laser propulsions.
The components used in space propulsion systems include thrusters, propellant feed systems, rocket motors, nozzles, reactors, propulsion thermal control, and power processing units (PPU).The primary function of the space propulsion system is to provide thrust, which helps in the functioning of the launch vehicle or satellite. In propulsion systems, the fluid (either solid, liquid, or electric) reacts to initiate acceleration and provide force in the system.
Global key players of Space Propulsion Systems include Aerojet Rocketdyne, Safran, CASC, etc. The top three players hold a share over 35%. North America is the largest production area, has a share about 40%, followed by Europe, with share 33%. In terms of product type, Electric Propulsion is the largest segment, occupied for a share of 29%, and in terms of end usrers, National Space Agencies has a share about 34%.
The report includes an overview of the development of the Space Propulsion Systems industry chain, the market status of Satellite Operators and Owners (Solid Propulsion, Liquid Propulsion), Space Launch Service Providers (Solid Propulsion, Liquid Propulsion), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Space Propulsion Systems.
Regionally, the report analyzes the Space Propulsion Systems markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Space Propulsion Systems market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Space Propulsion Systems market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Space Propulsion Systems industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Solid Propulsion, Liquid Propulsion).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Space Propulsion Systems market.
Regional Analysis: The report involves examining the Space Propulsion Systems market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Space Propulsion Systems market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Space Propulsion Systems:
Company Analysis: Report covers individual Space Propulsion Systems manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Space Propulsion Systems This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by End-user (Satellite Operators and Owners, Space Launch Service Providers).
Technology Analysis: Report covers specific technologies relevant to Space Propulsion Systems. It assesses the current state, advancements, and potential future developments in Space Propulsion Systems areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Space Propulsion Systems market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Space Propulsion Systems market is split by Type and by End-user. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by End-user in terms of volume and value.
Market segment by Type
Solid Propulsion
Liquid Propulsion
Electric Propulsion
Hybrid Propulsion
Others
Market segment by End-user
Satellite Operators and Owners
Space Launch Service Providers
National Space Agencies
Departments of Defense
Others
Major players covered
Safran
Northrop Grumman
Aerojet Rocketdyne
ArianeGroup
Moog
IHI Corporation
CASC
OHB System
SpaceX
Thales
Roscosmos
Lockheed Martin
Rafael
Accion Systems
Busek
Avio
CU Aerospace
Nammo
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Space Propulsion Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Space Propulsion Systems, with price, sales, revenue and global market share of Space Propulsion Systems from 2019 to 2024.
Chapter 3, the Space Propulsion Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Space Propulsion Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and end-user, with sales market share and growth rate by type, end-user, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Space Propulsion Systems market forecast, by regions, type and end-user, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Space Propulsion Systems.
Chapter 14 and 15, to describe Space Propulsion Systems sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Space Propulsion Systems
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Space Propulsion Systems Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Solid Propulsion
1.3.3 Liquid Propulsion
1.3.4 Electric Propulsion
1.3.5 Hybrid Propulsion
1.3.6 Others
1.4 Market Analysis by End-user
1.4.1 Overview: Global Space Propulsion Systems Consumption Value by End-user: 2019 Versus 2023 Versus 2030
1.4.2 Satellite Operators and Owners
1.4.3 Space Launch Service Providers
1.4.4 National Space Agencies
1.4.5 Departments of Defense
1.4.6 Others
1.5 Global Space Propulsion Systems Market Size & Forecast
1.5.1 Global Space Propulsion Systems Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Space Propulsion Systems Sales Quantity (2019-2030)
1.5.3 Global Space Propulsion Systems Average Price (2019-2030)
2 Manufacturers Profiles
2.1 Safran
2.1.1 Safran Details
2.1.2 Safran Major Business
2.1.3 Safran Space Propulsion Systems Product and Services
2.1.4 Safran Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Safran Recent Developments/Updates
2.2 Northrop Grumman
2.2.1 Northrop Grumman Details
2.2.2 Northrop Grumman Major Business
2.2.3 Northrop Grumman Space Propulsion Systems Product and Services
2.2.4 Northrop Grumman Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Northrop Grumman Recent Developments/Updates
2.3 Aerojet Rocketdyne
2.3.1 Aerojet Rocketdyne Details
2.3.2 Aerojet Rocketdyne Major Business
2.3.3 Aerojet Rocketdyne Space Propulsion Systems Product and Services
2.3.4 Aerojet Rocketdyne Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Aerojet Rocketdyne Recent Developments/Updates
2.4 ArianeGroup
2.4.1 ArianeGroup Details
2.4.2 ArianeGroup Major Business
2.4.3 ArianeGroup Space Propulsion Systems Product and Services
2.4.4 ArianeGroup Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 ArianeGroup Recent Developments/Updates
2.5 Moog
2.5.1 Moog Details
2.5.2 Moog Major Business
2.5.3 Moog Space Propulsion Systems Product and Services
2.5.4 Moog Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Moog Recent Developments/Updates
2.6 IHI Corporation
2.6.1 IHI Corporation Details
2.6.2 IHI Corporation Major Business
2.6.3 IHI Corporation Space Propulsion Systems Product and Services
2.6.4 IHI Corporation Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 IHI Corporation Recent Developments/Updates
2.7 CASC
2.7.1 CASC Details
2.7.2 CASC Major Business
2.7.3 CASC Space Propulsion Systems Product and Services
2.7.4 CASC Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 CASC Recent Developments/Updates
2.8 OHB System
2.8.1 OHB System Details
2.8.2 OHB System Major Business
2.8.3 OHB System Space Propulsion Systems Product and Services
2.8.4 OHB System Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 OHB System Recent Developments/Updates
2.9 SpaceX
2.9.1 SpaceX Details
2.9.2 SpaceX Major Business
2.9.3 SpaceX Space Propulsion Systems Product and Services
2.9.4 SpaceX Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 SpaceX Recent Developments/Updates
2.10 Thales
2.10.1 Thales Details
2.10.2 Thales Major Business
2.10.3 Thales Space Propulsion Systems Product and Services
2.10.4 Thales Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Thales Recent Developments/Updates
2.11 Roscosmos
2.11.1 Roscosmos Details
2.11.2 Roscosmos Major Business
2.11.3 Roscosmos Space Propulsion Systems Product and Services
2.11.4 Roscosmos Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Roscosmos Recent Developments/Updates
2.12 Lockheed Martin
2.12.1 Lockheed Martin Details
2.12.2 Lockheed Martin Major Business
2.12.3 Lockheed Martin Space Propulsion Systems Product and Services
2.12.4 Lockheed Martin Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Lockheed Martin Recent Developments/Updates
2.13 Rafael
2.13.1 Rafael Details
2.13.2 Rafael Major Business
2.13.3 Rafael Space Propulsion Systems Product and Services
2.13.4 Rafael Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Rafael Recent Developments/Updates
2.14 Accion Systems
2.14.1 Accion Systems Details
2.14.2 Accion Systems Major Business
2.14.3 Accion Systems Space Propulsion Systems Product and Services
2.14.4 Accion Systems Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Accion Systems Recent Developments/Updates
2.15 Busek
2.15.1 Busek Details
2.15.2 Busek Major Business
2.15.3 Busek Space Propulsion Systems Product and Services
2.15.4 Busek Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 Busek Recent Developments/Updates
2.16 Avio
2.16.1 Avio Details
2.16.2 Avio Major Business
2.16.3 Avio Space Propulsion Systems Product and Services
2.16.4 Avio Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 Avio Recent Developments/Updates
2.17 CU Aerospace
2.17.1 CU Aerospace Details
2.17.2 CU Aerospace Major Business
2.17.3 CU Aerospace Space Propulsion Systems Product and Services
2.17.4 CU Aerospace Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.17.5 CU Aerospace Recent Developments/Updates
2.18 Nammo
2.18.1 Nammo Details
2.18.2 Nammo Major Business
2.18.3 Nammo Space Propulsion Systems Product and Services
2.18.4 Nammo Space Propulsion Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.18.5 Nammo Recent Developments/Updates
3 Competitive Environment: Space Propulsion Systems by Manufacturer
3.1 Global Space Propulsion Systems Sales Quantity by Manufacturer (2019-2024)
3.2 Global Space Propulsion Systems Revenue by Manufacturer (2019-2024)
3.3 Global Space Propulsion Systems Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Space Propulsion Systems by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Space Propulsion Systems Manufacturer Market Share in 2023
3.4.2 Top 6 Space Propulsion Systems Manufacturer Market Share in 2023
3.5 Space Propulsion Systems Market: Overall Company Footprint Analysis
3.5.1 Space Propulsion Systems Market: Region Footprint
3.5.2 Space Propulsion Systems Market: Company Product Type Footprint
3.5.3 Space Propulsion Systems Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Space Propulsion Systems Market Size by Region
4.1.1 Global Space Propulsion Systems Sales Quantity by Region (2019-2030)
4.1.2 Global Space Propulsion Systems Consumption Value by Region (2019-2030)
4.1.3 Global Space Propulsion Systems Average Price by Region (2019-2030)
4.2 North America Space Propulsion Systems Consumption Value (2019-2030)
4.3 Europe Space Propulsion Systems Consumption Value (2019-2030)
4.4 Asia-Pacific Space Propulsion Systems Consumption Value (2019-2030)
4.5 South America Space Propulsion Systems Consumption Value (2019-2030)
4.6 Middle East and Africa Space Propulsion Systems Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Space Propulsion Systems Sales Quantity by Type (2019-2030)
5.2 Global Space Propulsion Systems Consumption Value by Type (2019-2030)
5.3 Global Space Propulsion Systems Average Price by Type (2019-2030)
6 Market Segment by End-user
6.1 Global Space Propulsion Systems Sales Quantity by End-user (2019-2030)
6.2 Global Space Propulsion Systems Consumption Value by End-user (2019-2030)
6.3 Global Space Propulsion Systems Average Price by End-user (2019-2030)
7 North America
7.1 North America Space Propulsion Systems Sales Quantity by Type (2019-2030)
7.2 North America Space Propulsion Systems Sales Quantity by End-user (2019-2030)
7.3 North America Space Propulsion Systems Market Size by Country
7.3.1 North America Space Propulsion Systems Sales Quantity by Country (2019-2030)
7.3.2 North America Space Propulsion Systems Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Space Propulsion Systems Sales Quantity by Type (2019-2030)
8.2 Europe Space Propulsion Systems Sales Quantity by End-user (2019-2030)
8.3 Europe Space Propulsion Systems Market Size by Country
8.3.1 Europe Space Propulsion Systems Sales Quantity by Country (2019-2030)
8.3.2 Europe Space Propulsion Systems Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Space Propulsion Systems Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Space Propulsion Systems Sales Quantity by End-user (2019-2030)
9.3 Asia-Pacific Space Propulsion Systems Market Size by Region
9.3.1 Asia-Pacific Space Propulsion Systems Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Space Propulsion Systems Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Space Propulsion Systems Sales Quantity by Type (2019-2030)
10.2 South America Space Propulsion Systems Sales Quantity by End-user (2019-2030)
10.3 South America Space Propulsion Systems Market Size by Country
10.3.1 South America Space Propulsion Systems Sales Quantity by Country (2019-2030)
10.3.2 South America Space Propulsion Systems Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Space Propulsion Systems Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Space Propulsion Systems Sales Quantity by End-user (2019-2030)
11.3 Middle East & Africa Space Propulsion Systems Market Size by Country
11.3.1 Middle East & Africa Space Propulsion Systems Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Space Propulsion Systems Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Space Propulsion Systems Market Drivers
12.2 Space Propulsion Systems Market Restraints
12.3 Space Propulsion Systems Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Space Propulsion Systems and Key Manufacturers
13.2 Manufacturing Costs Percentage of Space Propulsion Systems
13.3 Space Propulsion Systems Production Process
13.4 Space Propulsion Systems Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Space Propulsion Systems Typical Distributors
14.3 Space Propulsion Systems Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Safran
Northrop Grumman
Aerojet Rocketdyne
ArianeGroup
Moog
IHI Corporation
CASC
OHB System
SpaceX
Thales
Roscosmos
Lockheed Martin
Rafael
Accion Systems
Busek
Avio
CU Aerospace
Nammo
听
听
*If Applicable.