Space Propulsion Market
Aerospace and Defense

Global Space Propulsion Market Size, Forecasts, And Opportunities – Includes Space Propulsion Market Overview

Learn about the global space propulsion market through The Business Research Company, which provides information on space propulsion market size, space propulsion market drivers and restraints, space propulsion market players, the COVID-19 impact on the space propulsion market, and more.

 

The global space propulsion market size is expected to grow from $7.38 billion in 2021 to $8.37 billion in 2022 at a compound annual growth rate (CAGR) of 13.51%. The global space propulsion market size is expected to grow to $14.37 billion in 2026 at a CAGR of 14.46%.

Increased government investments in space technology are driving the space propulsion market.

 

Request A Sample For The Global Space Propulsion Market Report:
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Space Propulsion Market
Space Propulsion Market

 

The space propulsion market consists of sales of space propulsion products and related services by entities (organizations, sole traders, and partnerships) that are used to accelerate spacecraft and artificial satellites. Spacecraft are mainly propelled by the use of a rocket engine.

 

Global Space Propulsion Market Segments Include:

By Type: Chemical Propulsion, Non-chemical Propulsion

By Platform: Satellites, Capsules/Cargos, Interplanetary Spacecraft and Probes, Rovers/Spacecraft Landers, Launch Vehicles

By End-User: Commercial, Government and Defense

By System Component: Chemical Propulsion Thrusters, Electric Propulsion Thrusters, Propellant Feed Systems, Rocket Motors, Nozzles, Propulsion Thermal Control, Power Processing Units

By Orbit: Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO), Beyond Geosynchronous Orbit

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the space propulsion market in 2021.

 

Research and development are a key trend gaining popularity in the space propulsion market.

 

TBRC’s space propulsion market report covers:

Major Market Players: OHB SE, Accion System, Boeing, Northrop Grumman Corporation, MAXAR Technologies, Thales Alenia Space, Airbus Defense and Space, Vacco Industries, MOOG Inc, Cobham Mission Systems Wimborne Limited, Safran S.A., NPO Splav, BAE Systems, Hanwha Group, and Avibras Indústria Aeroespacial.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Space Propulsion Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides space propulsion market overviews, analyzes and forecasts market size, share, space propulsion market players, space propulsion market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s space propulsion market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

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