Space Propulsion Market
Aerospace and Defense

Best Prospects in the Global Space Propulsion Market and Strategies for Growth – Includes Space Propulsion Market Size

The Business Research Company’s report goes into great detail on the space propulsion market size and growth, space propulsion market regional analysis, space propulsion market competitive landscape, and other critical information needed to excel in the space propulsion industry.


Major players in the space propulsion market include 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.


TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.


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%.


North America was the largest region in the space propulsion market in 2021.


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.


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


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Space Propulsion Market
Space Propulsion Market


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


TBRC’s Global Space Propulsion Market Report Is Segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.


The Space Propulsion Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the space propulsion market globally and regionally, analyzes and forecasts market size, share, space propulsion market players, space propulsion market segments, leading competitor revenues, profiles and market shares.


Here Is A List Of Similar Reports From The Business Research Company:

Rocket Engines Global Market Report 2022

Aircraft Engines Global Market Report 2022

Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2022


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