The Global Space Propulsion Market is Anticipated to reach USD 51.84 Billion by 2030 from an estimated USD 12.59 Billion in 2023, at a CAGR of 22.40% in the forecast period.

Scope and Dynamics of the Space Propulsion Market

This Business intelligence report offers actionable insights to the crucial aspects pertaining to this marketplace. This report is rendered with an aim to empower industry participants with extensive knowledge on the ongoing trends of this industry. It includes a strategic assessment of the growth drivers, challenges, pricing trends, and competitive hierarchy of this marketplace. The expert analysts have used proven research methodologies to conduct the entire market analysis. The report further provides a 360 outlook of the regional landscape and competitive terrain of this marketplace.

This marketplace has been garnering massive traction over the stipulated timeline due to the emergence of various expansion propellants. The competitive nature of this market has pushed the prime players to adopt high end business centric strategies and strengthen their global footprint. This business intelligence report is curated with an aim to help the market contenders obtain a complete understanding on every micro and macro trends of the industry with in turn will allow them to formulate robust expansion strategies.

Global Space Propulsion Market Segmentation

By Type

• Chemical Propulsion
• non-Chemical

By System

• Thrusters
• Propellant Feed System
• Rocket Motors
• Nozzles
• Propulsion Thermal Control
• Power processing units

By Platform

• Satellites
• Capsules or Cargo
• Interplanetary Spacecraft and Probes
• Rovers and Spacecraft Landers
• Launch Vehicles

By End-Use

• Commercial
• Satellites Operators and Owners
• Space Launch Service Provider
• Government of Defense
• Departments of Defense
• National Space Agencies
• Others

By Key Market Players

• Safran
• Aerojet Rocketdyne Holdings Inc
• SpaceX
• IHI Corporation
• and Northrop Grumman Corporation

Regional Insights

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA