The global space propulsion system market is expected to grow at a CAGR of around 16.8% during 2023-2030. 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: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030

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