Global Space Propulsion Systems Supply, Demand and Key Producers, 2023-2029

Global Space Propulsion Systems Supply, Demand and Key Producers, 2023-2029

The global Space Propulsion Systems market size is expected to reach $ 22650 million by 2029, rising at a market growth of 13.2% CAGR during the forecast period (2023-2029).

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 studies the global Space Propulsion Systems production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Space Propulsion Systems, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Space Propulsion Systems that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Space Propulsion Systems total production and demand, 2018-2029, (Units)

Global Space Propulsion Systems total production value, 2018-2029, (USD Million)

Global Space Propulsion Systems production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Space Propulsion Systems consumption by region & country, CAGR, 2018-2029 & (Units)

U.S. VS China: Space Propulsion Systems domestic production, consumption, key domestic manufacturers and share

Global Space Propulsion Systems production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)

Global Space Propulsion Systems production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Space Propulsion Systems production by End-user production, value, CAGR, 2018-2029, (USD Million) & (Units)

This reports 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, Moog, IHI Corporation, CASC, OHB System and SpaceX, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Space Propulsion Systems market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (US$/Unit) by manufacturer, by Type, and by End-user. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Space Propulsion Systems Market, By Region:

United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Space Propulsion Systems Market, Segmentation by Type

Solid Propulsion
Liquid Propulsion
Electric Propulsion
Hybrid Propulsion
Others

Global Space Propulsion Systems Market, Segmentation by End-user
Satellite Operators and Owners
Space Launch Service Providers
National Space Agencies
Departments of Defense
Others

Companies Profiled:
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

Key Questions Answered

1. How big is the global Space Propulsion Systems market?

2. What is the demand of the global Space Propulsion Systems market?

3. What is the year over year growth of the global Space Propulsion Systems market?

4. What is the production and production value of the global Space Propulsion Systems market?

5. Who are the key producers in the global Space Propulsion Systems market?

6. What are the growth factors driving the market demand?