Selected research
Industry Research
Space Propulsion Systems Industry Research Report 2026
Market perspective
The global Space Propulsion Systems market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Space Propulsion Systems is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Space Propulsion Systems is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Space Propulsion Systems is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Space Propulsion Systems include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Space Propulsion Systems market in revenue (US$ million) and, where applicable, sales volume (units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Space Propulsion Systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Space Propulsion Systems Market by Company
Safran
Northrop Grumman
Aerojet Rocketdyne
ArianeGroup
Moog
IHI Corporation
CASC
OHB System
SpaceX
Thales
Roscosmos
Lockheed Martin
Rafael
Accion Systems
Busek
Avio
CU Aerospace
Nammo
Space Propulsion Systems Segment by Type
Solid Propulsion
Liquid Propulsion
Electric Propulsion
Hybrid Propulsion
Others
Space Propulsion Systems Segment by Application
Satellite Operators and Owners
Space Launch Service Providers
National Space Agencies
Departments of Defense
Others
Space Propulsion Systems Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Space Propulsion Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Space Propulsion Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Space Propulsion Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Space Propulsion Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Space Propulsion Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Space Propulsion Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Solid Propulsion
- Liquid Propulsion
- Electric Propulsion
- Hybrid Propulsion
- Others
Applications
- Satellite Operators and Owners
- Space Launch Service Providers
- National Space Agencies
- Departments of Defense
- Others
Companies covered
- Safran
- Northrop Grumman
- Aerojet Rocketdyne
- ArianeGroup
- Moog
- IHI Corporation
- CASC
- OHB System
- SpaceX
- Thales
- Roscosmos
- Lockheed Martin
- Rafael
- Accion Systems
- Busek
- Avio
- CU Aerospace
- Nammo
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Space Propulsion Systems by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Solid Propulsion
- 2.2.3 Liquid Propulsion
- 2.2.4 Electric Propulsion
- 2.2.5 Hybrid Propulsion
- 2.2.6 Others
- 2.3 Space Propulsion Systems by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Satellite Operators and Owners
- 2.3.3 Space Launch Service Providers
- 2.3.4 National Space Agencies
- 2.3.5 Departments of Defense
- 2.3.6 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Space Propulsion Systems Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Space Propulsion Systems Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Space Propulsion Systems Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Space Propulsion Systems Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Space Propulsion Systems Production by Manufacturers (2021-2026)
- 3.2 Global Space Propulsion Systems Production Value by Manufacturers (2021-2026)
- 3.3 Global Space Propulsion Systems Average Price by Manufacturers (2021-2026)
- 3.4 Global Space Propulsion Systems Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Space Propulsion Systems Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Space Propulsion Systems Manufacturers, Product Type & Application
- 3.7 Global Space Propulsion Systems Manufacturers Established Date
- 3.8 Global Space Propulsion Systems Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Safran
- 4.1.1 Safran Space Propulsion Systems Company Information
- 4.1.2 Safran Space Propulsion Systems Business Overview
- 4.1.3 Safran Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.1.4 Safran Product Portfolio
- 4.1.5 Safran Recent Developments
- 4.2 Northrop Grumman
- 4.2.1 Northrop Grumman Space Propulsion Systems Company Information
- 4.2.2 Northrop Grumman Space Propulsion Systems Business Overview
- 4.2.3 Northrop Grumman Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.2.4 Northrop Grumman Product Portfolio
- 4.2.5 Northrop Grumman Recent Developments
- 4.3 Aerojet Rocketdyne
- 4.3.1 Aerojet Rocketdyne Space Propulsion Systems Company Information
- 4.3.2 Aerojet Rocketdyne Space Propulsion Systems Business Overview
- 4.3.3 Aerojet Rocketdyne Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.3.4 Aerojet Rocketdyne Product Portfolio
- 4.3.5 Aerojet Rocketdyne Recent Developments
- 4.4 ArianeGroup
- 4.4.1 ArianeGroup Space Propulsion Systems Company Information
- 4.4.2 ArianeGroup Space Propulsion Systems Business Overview
- 4.4.3 ArianeGroup Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.4.4 ArianeGroup Product Portfolio
- 4.4.5 ArianeGroup Recent Developments
- 4.5 Moog
- 4.5.1 Moog Space Propulsion Systems Company Information
- 4.5.2 Moog Space Propulsion Systems Business Overview
- 4.5.3 Moog Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.5.4 Moog Product Portfolio
- 4.5.5 Moog Recent Developments
- 4.6 IHI Corporation
- 4.6.1 IHI Corporation Space Propulsion Systems Company Information
- 4.6.2 IHI Corporation Space Propulsion Systems Business Overview
- 4.6.3 IHI Corporation Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.6.4 IHI Corporation Product Portfolio
- 4.6.5 IHI Corporation Recent Developments
- 4.7 CASC
- 4.7.1 CASC Space Propulsion Systems Company Information
- 4.7.2 CASC Space Propulsion Systems Business Overview
- 4.7.3 CASC Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.7.4 CASC Product Portfolio
- 4.7.5 CASC Recent Developments
- 4.8 OHB System
- 4.8.1 OHB System Space Propulsion Systems Company Information
- 4.8.2 OHB System Space Propulsion Systems Business Overview
- 4.8.3 OHB System Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.8.4 OHB System Product Portfolio
- 4.8.5 OHB System Recent Developments
- 4.9 SpaceX
- 4.9.1 SpaceX Space Propulsion Systems Company Information
- 4.9.2 SpaceX Space Propulsion Systems Business Overview
- 4.9.3 SpaceX Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.9.4 SpaceX Product Portfolio
- 4.9.5 SpaceX Recent Developments
- 4.10 Thales
- 4.10.1 Thales Space Propulsion Systems Company Information
- 4.10.2 Thales Space Propulsion Systems Business Overview
- 4.10.3 Thales Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.10.4 Thales Product Portfolio
- 4.10.5 Thales Recent Developments
- 4.11 Roscosmos
- 4.11.1 Roscosmos Space Propulsion Systems Company Information
- 4.11.2 Roscosmos Space Propulsion Systems Business Overview
- 4.11.3 Roscosmos Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.11.4 Roscosmos Product Portfolio
- 4.11.5 Roscosmos Recent Developments
- 4.12 Lockheed Martin
- 4.12.1 Lockheed Martin Space Propulsion Systems Company Information
- 4.12.2 Lockheed Martin Space Propulsion Systems Business Overview
- 4.12.3 Lockheed Martin Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.12.4 Lockheed Martin Product Portfolio
- 4.12.5 Lockheed Martin Recent Developments
- 4.13 Rafael
- 4.13.1 Rafael Space Propulsion Systems Company Information
- 4.13.2 Rafael Space Propulsion Systems Business Overview
- 4.13.3 Rafael Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.13.4 Rafael Product Portfolio
- 4.13.5 Rafael Recent Developments
- 4.14 Accion Systems
- 4.14.1 Accion Systems Space Propulsion Systems Company Information
- 4.14.2 Accion Systems Space Propulsion Systems Business Overview
- 4.14.3 Accion Systems Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.14.4 Accion Systems Product Portfolio
- 4.14.5 Accion Systems Recent Developments
- 4.15 Busek
- 4.15.1 Busek Space Propulsion Systems Company Information
- 4.15.2 Busek Space Propulsion Systems Business Overview
- 4.15.3 Busek Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.15.4 Busek Product Portfolio
- 4.15.5 Busek Recent Developments
- 4.16 Avio
- 4.16.1 Avio Space Propulsion Systems Company Information
- 4.16.2 Avio Space Propulsion Systems Business Overview
- 4.16.3 Avio Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.16.4 Avio Product Portfolio
- 4.16.5 Avio Recent Developments
- 4.17 CU Aerospace
- 4.17.1 CU Aerospace Space Propulsion Systems Company Information
- 4.17.2 CU Aerospace Space Propulsion Systems Business Overview
- 4.17.3 CU Aerospace Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.17.4 CU Aerospace Product Portfolio
- 4.17.5 CU Aerospace Recent Developments
- 4.18 Nammo
- 4.18.1 Nammo Space Propulsion Systems Company Information
- 4.18.2 Nammo Space Propulsion Systems Business Overview
- 4.18.3 Nammo Space Propulsion Systems Production, Value and Gross Margin (2021-2026)
- 4.18.4 Nammo Product Portfolio
- 4.18.5 Nammo Recent Developments
5 Global Space Propulsion Systems Production by Region
- 5.1 Global Space Propulsion Systems Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Space Propulsion Systems Production by Region: 2021-2032
- 5.2.1 Global Space Propulsion Systems Production by Region: 2021-2026
- 5.2.2 Global Space Propulsion Systems Production Forecast by Region (2027-2032)
- 5.3 Global Space Propulsion Systems Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Space Propulsion Systems Production Value by Region: 2021-2032
- 5.4.1 Global Space Propulsion Systems Production Value by Region: 2021-2026
- 5.4.2 Global Space Propulsion Systems Production Value Forecast by Region (2027-2032)
- 5.5 Global Space Propulsion Systems Market Price Analysis by Region (2021-2026)
- 5.6 Global Space Propulsion Systems Production and Value, YOY Growth
- 5.6.1 North America Space Propulsion Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Space Propulsion Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Space Propulsion Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Space Propulsion Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.5 South Korea Space Propulsion Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.6 India Space Propulsion Systems Production Value Estimates and Forecasts (2021-2032)
6 Global Space Propulsion Systems Consumption by Region
- 6.1 Global Space Propulsion Systems Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Space Propulsion Systems Consumption by Region (2021-2032)
- 6.2.1 Global Space Propulsion Systems Consumption by Region: 2021-2026
- 6.2.2 Global Space Propulsion Systems Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Space Propulsion Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Space Propulsion Systems Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Space Propulsion Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Space Propulsion Systems Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Space Propulsion Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Space Propulsion Systems Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Space Propulsion Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Space Propulsion Systems Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Space Propulsion Systems Production by Type (2021-2032)
- 7.1.1 Global Space Propulsion Systems Production by Type (2021-2032) & (units)
- 7.1.2 Global Space Propulsion Systems Production Market Share by Type (2021-2032)
- 7.2 Global Space Propulsion Systems Production Value by Type (2021-2032)
- 7.2.1 Global Space Propulsion Systems Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Space Propulsion Systems Production Value Market Share by Type (2021-2032)
- 7.3 Global Space Propulsion Systems Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Space Propulsion Systems Production by Application (2021-2032)
- 8.1.1 Global Space Propulsion Systems Production by Application (2021-2032) & (units)
- 8.1.2 Global Space Propulsion Systems Production Market Share by Application (2021-2032)
- 8.2 Global Space Propulsion Systems Production Value by Application (2021-2032)
- 8.2.1 Global Space Propulsion Systems Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Space Propulsion Systems Production Value Market Share by Application (2021-2032)
- 8.3 Global Space Propulsion Systems Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Space Propulsion Systems Value Chain Analysis
- 9.1.1 Space Propulsion Systems Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Space Propulsion Systems Production Mode & Process
- 9.2 Space Propulsion Systems Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Space Propulsion Systems Distributors
- 9.2.3 Space Propulsion Systems Customers
10 Global Space Propulsion Systems Analyzing Market Dynamics
- 10.1 Space Propulsion Systems Industry Trends
- 10.2 Space Propulsion Systems Industry Drivers
- 10.3 Space Propulsion Systems Industry Opportunities and Challenges
- 10.4 Space Propulsion Systems Industry Restraints
11 Report Conclusion
12 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst