Space Propulsion System Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global space propulsion system market is expected to grow at a CAGR of around 16.5% during 2025-2034. This report on global space propulsion system market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global space propulsion system market by segmenting the market based on component, type, orbital path, platform, end user, and region. Also, detailed profiles of companies operating in the space propulsion system market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Demand for Low Earth Based (LEO)-Based Services
• Rise in Demand For Satellite Data
Market Challenges
• Concerns Over Space Debris
• Rising Number of Space Launches
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Component
• Thrusters
• Propellant Feed System
• Nozzle
• Rocket Motors
• Propulsion Thermal Control
• Power Processing Unit
Market by Type
• Chemical Propulsion
• Non Chemical Propulsion
Solar Propulsion
Electric Propulsion
Tether Propulsion
Laser Propulsion
Nuclear Propulsion
Market by Orbital Path
• Elliptical
• Geosynchronous Earth Orbit
• Low-Earth-Orbit
• Medium Earth orbit
Market by Platform
• Satellite
Small Satellite
Medium Satellite
Large Satellite
• Launch Vehcles
• Rovers/Landers
• Capsules/ Cargo
• Interplanetary Spacecraft and Probes
Market by End User
• Government and Defense
• Commercial
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Space Propulsion System Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Space Propulsion System Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Space Propulsion System Market by Component
- 5.1. Introduction
- 5.2. Thrusters
- 5.3. Propellant Feed System
- 5.4. Nozzle
- 5.5. Rocket Motors
- 5.6. Propulsion Thermal Control
- 5.7. Power Processing Unit
- 6. Global Space Propulsion System Market by Type
- 6.1. Introduction
- 6.2. Chemical Propulsion
- 6.3. Non Chemical Propulsion
- 6.3.1. Solar Propulsion
- 6.3.2. Electric Propulsion
- 6.3.3. Tether Propulsion
- 6.3.4. Laser Propulsion
- 6.3.5. Nuclear Propulsion
- 7. Global Space Propulsion System Market by Orbital Path
- 7.1. Introduction
- 7.2. Elliptical
- 7.3. Geosynchronous Earth Orbit
- 7.4. Low-Earth-Orbit
- 7.5. Medium Earth orbit
- 8. Global Space Propulsion System Market by Platform
- 8.1. Introduction
- 8.2. Satellite
- 8.2.1. Small Satellite
- 8.2.2. Medium Satellite
- 8.2.3. Large Satellite
- 8.3. Launch Vehicles
- 8.4. Rovers/Landers
- 8.5. Capsules/ Cargo
- 8.6. Interplanetary Spacecraft and Probes
- 9. Global Space Propulsion System Market by End User
- 9.1. Government and Defense
- 9.2. Commercial
- 10. Global Space Propulsion System Market by Region
- 10.1. Introduction
- 10.2. Europe
- 10.2.1. Germany
- 10.2.2. United Kingdom
- 10.2.3. France
- 10.2.4. Italy
- 10.2.5. Spain
- 10.2.6. Russia
- 10.2.7. Netherlands
- 10.2.8. Rest of the Europe
- 10.3. North America
- 10.3.1. United States
- 10.3.2. Canada
- 10.4. Asia Pacific
- 10.4.1. China
- 10.4.2. Japan
- 10.4.3. India
- 10.4.4. South Korea
- 10.4.5. Australia
- 10.4.6. Indonesia
- 10.4.7. Rest of the Asia Pacific
- 10.5. Latin America
- 10.5.1. Mexico
- 10.5.2. Brazil
- 10.5.3. Argentina
- 10.5.4. Rest of Latin America
- 10.6. Middle East & Africa
- 10.6.1. Saudi Arabia
- 10.6.2. Turkey
- 10.6.3. Iran
- 10.6.4. United Arab Emirates
- 10.6.5. Rest of Middle East & Africa
- 11. SWOT Analysis
- 12. Porter’s Five Forces
- 13. Market Value Chain Analysis
- 14. Competitive Landscape
- 14.1. Competitive Scenario
- 14.2. Company Profiles
- 14.2.1. Accion Systems
- 14.2.2. Ariane Group
- 14.2.3. IHI Corporation
- 14.2.4. Mitsubishi Heavy Industries Ltd
- 14.2.5. Moog Inc
- 14.2.6. Northrop Grumman Corporation
- 14.2.7. OHB SE
- 14.2.8. Sierra Nevada Corporation
- 14.2.9. Thales Group
- 14.2.10. Vacco Industries
- List of Figures
- Figure 1: Global Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 2: Global Space Propulsion System Market by Component, 2024
- Figure 3: Global Space Propulsion System Market by Type, 2024
- Figure 4: Global Space Propulsion System Market by Orbital Path, 2024
- Figure 5: Global Space Propulsion System Market by Platform, 2024
- Figure 6: Global Space Propulsion System Market by End User, 2024
- Figure 7: Global Space Propulsion System Market by Region, 2024
- Figure 8: Global Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 9: Global Space Propulsion System Market by Component (in %), 2024 & 2034
- Figure 10: Global Thrusters Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 11: Global Thrusters Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 12: Global Propellant Feed System Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 13: Global Propellant Feed System Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 14: Global Nozzle Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 15: Global Nozzle Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 16: Global Rocket Motors Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 17: Global Rocket Motors Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 18: Global Propulsion Thermal Control Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 19: Global Propulsion Thermal Control Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 20: Global Power Processing Unit Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 21: Global Power Processing Unit Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 22: Global Space Propulsion System Market by Type (in %), 2024 & 2034
- Figure 23: Global Chemical Propulsion Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 24: Global Chemical Propulsion Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 25: Global Non-Chemical Propulsion Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 26: Global Non-Chemical Propulsion Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 27: Solar Propulsion Non-Chemical Propulsion Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 28: Electric Propulsion Non-Chemical Propulsion Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 29: Tether Propulsion Non-Chemical Propulsion Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 30: Laser Propulsion Non-Chemical Propulsion Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 31: Nuclear Propulsion Non-Chemical Propulsion Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 32: Global Space Propulsion System Market by Orbital Path (in %), 2024 & 2034
- Figure 33: Global Elliptical Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 34: Global Elliptical Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 35: Global Geosynchronous Earth Orbit Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 36: Global Geosynchronous Earth Orbit Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 37: Global Low-Earth-Orbit Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 38: Global Low-Earth-Orbit Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 39: Global Medium Earth orbit Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 40: Global Medium Earth orbit Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 41: Global Space Propulsion System Market by Platform (in %), 2024 & 2034
- Figure 42: Global Satellite Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 43: Global Satellite Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 44: Small Satellite Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 45: Medium Satellite Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 46: Large Satellite Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 47: Global Launch Vehicles Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 48: Global Launch Vehicles Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 49: Global Rovers/Landers Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 50: Global Rovers/Landers Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 51: Global Capsules/ Cargo Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 52: Global Capsules/ Cargo Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 53: Global Interplanetary Spacecraft and Probes Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 54: Global Interplanetary Spacecraft and Probes Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 55: Global Space Propulsion System Market by End User (in %), 2024 & 2034
- Figure 56: Global Government and Defense Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 57: Global Government and Defense Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 58: Global Commercial Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 59: Global Commercial Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 60: Global Space Propulsion System Market by Region (in %), 2024 & 2034
- Figure 61: Europe Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 62: Europe Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 63: Europe Space Propulsion System Market by Country (in %), 2024 & 2034
- Figure 64: Germany Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 65: United Kingdom Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 66: France Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 67: Italy Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 68: Spain Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 69: Russia Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 70: Netherlands Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 71: North America Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 72: North America Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 73: North America Space Propulsion System Market by Country (in %), 2024 & 2034
- Figure 74: United States Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 75: Canada Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 76: Asia Pacific Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 77: Asia Pacific Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 78: Asia Pacific Space Propulsion System Market by Country (in %), 2024 & 2034
- Figure 79: China Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 80: Japan Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 81: India Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 82: South Korea Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 83: Australia Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 84: Indonesia Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 85: Latin America Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 86: Latin America Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 87: Latin America Space Propulsion System Market by Country (in %), 2024 & 2034
- Figure 88: Mexico Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 89: Brazil Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 90: Argentina Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 91: Middle East & Africa Space Propulsion System Market (in US$ Million), 2020-2024
- Figure 92: Middle East & Africa Space Propulsion System Market (in US$ Million), 2025-2034
- Figure 93: Middle East & Africa Space Propulsion System Market by Country (in %), 2024 & 2034
- Figure 94: Saudi Arabia Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 95: Turkey Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 96: Iran Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 97: UAE Space Propulsion System Market (in US$ Million), 2020-2034
- Figure 98: Market Value Chain
- List of Tables
- Table 1: Global Space Propulsion System Market Portraiture
- Table 2: Global Space Propulsion System Market by Component (in US$ Million), 2024 & 2034
- Table 3: Global Space Propulsion System Market by Type (in US$ Million), 2024 & 2034
- Table 4: Global Space Propulsion System Market by Orbital Path (in US$ Million), 2024 & 2034
- Table 5: Global Space Propulsion System Market by Platform (in US$ Million), 2024 & 2034
- Table 6: Global Space Propulsion System Market by End User (in US$ Million), 2024 & 2034
- Table 7: Global Space Propulsion System Market by Region (in US$ Million), 2024 & 2034
- Table 8: Europe Space Propulsion System Market by Country (in US$ Million), 2024 & 2034
- Table 9: North America Space Propulsion System Market by Country (in US$ Million), 2024 & 2034
- Table 10: Asia Pacific Space Propulsion System Market by Country (in US$ Million), 2024 & 2034
- Table 11: Latin America Space Propulsion System Market by Country (in US$ Million), 2024 & 2034
- Table 12: Middle East & Africa Space Propulsion System Market by Country (in US$ Million), 2024 & 2034
- Table 13: List of Key Players
Research Assistance
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