The global space propulsion system market is expected to grow at a CAGR of around 16.8% during 2024-2033. 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: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
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