The global Space Propulsion Systems market was valued at US$ 4418.4 million in 2022 and is projected to reach US$ 7135.3 million by 2029, at a CAGR of 7.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Space Propulsion Systems market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Space Propulsion Systems market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Space Propulsion Systems market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Space propulsion differs from jet propulsion in that jet propulsion utilizes atmospheric air as an oxidizer, whereas space propulsion utilizes nitric acid or a similar compound as an oxidizer.
This report aims to provide a comprehensive presentation of the global market for Space Propulsion Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Space Propulsion Systems. This report contains market size and forecasts of Space Propulsion Systems in global, including the following market information:
- Global Space Propulsion Systems Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The space propulsion systems market is expected to grow at a significant rate over the forecast period owing to the development and innovation of space travel.
We surveyed the Space Propulsion Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Space Propulsion Systems Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Space Propulsion Systems Market Segment Percentages, by Type, 2022 (%)
- Solid Fuel Chemical Propulsion
- Liquid Fuel Chemical Propulsion
- Cold-Gas Chemical Propulsion
Global Space Propulsion Systems Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Space Propulsion Systems Market Segment Percentages, by Application, 2022 (%)
- Space Simulation
- Rocket Launch
- Others
Global Space Propulsion Systems Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Space Propulsion Systems Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Space Propulsion Systems revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Space Propulsion Systems revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- IHI
- Aerojet Rocketdyne
- Northrop Grumman
- Lockheed Martin
- Avibras
- BAE Systems
- NPO Splav
- Hanwha
Outline of Major Chapters:
Chapter 1: Introduces the definition of Space Propulsion Systems, market overview.
Chapter 2: Global Space Propulsion Systems market size in revenue.
Chapter 3: Detailed analysis of Space Propulsion Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Space Propulsion Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
