Global Propulsion Systems Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Propulsion Systems market size was valued at USD 253000 million in 2023 and is forecast to a readjusted size of USD 324880 million by 2030 with a CAGR of 3.6% during review period.
A propulsion system generally consists of an aircraft engine and some means to generate thrust, such as a propeller or a propulsive nozzle. A propulsion system must achieve two things. First, the thrust from the propulsion system must balance the drag of the airplane when the airplane is cruising. And second, the thrust from the propulsion system must exceed the drag of the airplane for the airplane to accelerate. In fact, the greater the difference between the thrust and the drag, called the excess thrust, the faster the airplane will accelerate.
Regionally, North America is the biggest Consumption area of Flight Propulsion Systems in the world and china is the most potential market with the fastest growing rate of 9.48%
The Global Info Research report includes an overview of the development of the Propulsion Systems industry chain, the market status of Aircraft (Air Breathing Engines, Non-Air Breathing Engines), Spacecraft (Air Breathing Engines, Non-Air Breathing Engines), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Propulsion Systems.
Regionally, the report analyzes the 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 Propulsion Systems market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the 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 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., Air Breathing Engines, Non-Air Breathing Engines).
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 Propulsion Systems market.
Regional Analysis: The report involves examining the 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 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 Propulsion Systems:
Company Analysis: Report covers individual 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 Propulsion Systems This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Aircraft, Spacecraft).
Technology Analysis: Report covers specific technologies relevant to Propulsion Systems. It assesses the current state, advancements, and potential future developments in Propulsion Systems areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the 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
Propulsion Systems market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Air Breathing Engines
Non-Air Breathing Engines
Market segment by Application
Aircraft
Spacecraft
Missiles
Unmanned Aerial Vehicles
Major players covered
CFM
General Electric Company
Rolls-Royce Holdings
United Technologies
Safran
Honeywell
GKN Aerospace
MTU Aero Engines
United Engine Corporation
Aero Engine Corporation of China
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 Propulsion Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Propulsion Systems, with price, sales, revenue and global market share of Propulsion Systems from 2019 to 2024.
Chapter 3, the Propulsion Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 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 application, with sales market share and growth rate by type, application, 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 Propulsion Systems market forecast, by regions, type and application, 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 Propulsion Systems.
Chapter 14 and 15, to describe Propulsion Systems sales channel, distributors, customers, research findings and conclusion.