Global Space Propulsion Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Space Propulsion Systems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Space Propulsion Systems market size was valued at USD 9517.6 million in 2022 and is forecast to a readjusted size of USD 22650 million by 2029 with a CAGR of 13.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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%.

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.

This report is a detailed and comprehensive analysis for global Space Propulsion Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by End-user. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Space Propulsion Systems market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Space Propulsion Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Space Propulsion Systems market size and forecasts, by Type and by End-user, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Space Propulsion Systems market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Space Propulsion Systems

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Space Propulsion Systems market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Safran, Northrop Grumman, Aerojet Rocketdyne, ArianeGroup and Moog, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Space Propulsion Systems market is split by Type and by End-user. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by End-user in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

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 2018 to 2023.

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 2018 to 2029.

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 2018 to 2029.

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 2022.and Space Propulsion Systems market forecast, by regions, type and end-user, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

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.