Selected research
Industry Growth & Trends
Global Space Propulsion Systems Industry Growth and Trends Forecast to 2032
Market perspective
The global Space Propulsion Systems market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Space Propulsion Systems is projected 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 increase 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 projected to increase 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 Safran, Northrop Grumman, Aerojet Rocketdyne, ArianeGroup, Moog, IHI Corporation, CASC, OHB System and SpaceX, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Space Propulsion Systems market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Space Propulsion Systems market size, estimates, and forecasts are presented in terms of sales volume (units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Space Propulsion Systems market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Space Propulsion Systems.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Space Propulsion Systems market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Space Propulsion Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Space Propulsion Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Space Propulsion Systems Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Space Propulsion Systems Sales Estimates and Forecasts (2021-2032)
- 1.3 Space Propulsion Systems Market by Type
- 1.3.1 Solid Propulsion
- 1.3.2 Liquid Propulsion
- 1.3.3 Electric Propulsion
- 1.3.4 Hybrid Propulsion
- 1.3.5 Others
- 1.4 Global Space Propulsion Systems Market Size by Type
- 1.4.1 Global Space Propulsion Systems Market Size Overview by Type (2021-2032)
- 1.4.2 Global Space Propulsion Systems Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Space Propulsion Systems Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Space Propulsion Systems Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Space Propulsion Systems Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Space Propulsion Systems Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Space Propulsion Systems Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Space Propulsion Systems Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Space Propulsion Systems Industry Trends
- 2.2 Space Propulsion Systems Industry Drivers
- 2.3 Space Propulsion Systems Industry Opportunities and Challenges
- 2.4 Space Propulsion Systems Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Space Propulsion Systems Revenue (2021-2026)
- 3.2 Global Top Players by Space Propulsion Systems Sales (2021-2026)
- 3.3 Global Top Players by Space Propulsion Systems Price (2021-2026)
- 3.4 Global Space Propulsion Systems Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Space Propulsion Systems Major Company Production Sites & Headquarters
- 3.6 Global Space Propulsion Systems Company, Product Type & Application
- 3.7 Global Space Propulsion Systems Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Space Propulsion Systems Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Space Propulsion Systems Players Market Share by Revenue in 2025
- 3.8.3 2025 Space Propulsion Systems Tier 1, Tier 2, and Tier 3
4 Space Propulsion Systems Regional Status and Outlook
- 4.1 Global Space Propulsion Systems Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Space Propulsion Systems Historic Market Size by Region
- 4.2.1 Global Space Propulsion Systems Sales in Volume by Region (2021-2026)
- 4.2.2 Global Space Propulsion Systems Sales in Value by Region (2021-2026)
- 4.2.3 Global Space Propulsion Systems Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Space Propulsion Systems Forecasted Market Size by Region
- 4.3.1 Global Space Propulsion Systems Sales in Volume by Region (2027-2032)
- 4.3.2 Global Space Propulsion Systems Sales in Value by Region (2027-2032)
- 4.3.3 Global Space Propulsion Systems Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Space Propulsion Systems by Application
- 5.1 Space Propulsion Systems Market by Application
- 5.1.1 Satellite Operators and Owners
- 5.1.2 Space Launch Service Providers
- 5.1.3 National Space Agencies
- 5.1.4 Departments of Defense
- 5.1.5 Others
- 5.2 Global Space Propulsion Systems Market Size by Application
- 5.2.1 Global Space Propulsion Systems Market Size Overview by Application (2021-2032)
- 5.2.2 Global Space Propulsion Systems Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Space Propulsion Systems Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Space Propulsion Systems Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Space Propulsion Systems Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Space Propulsion Systems Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Space Propulsion Systems Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Space Propulsion Systems Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Safran
- 6.1.1 Safran Company Information
- 6.1.2 Safran Business Overview
- 6.1.3 Safran Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Safran Space Propulsion Systems Product Portfolio
- 6.1.5 Safran Recent Developments
- 6.2 Northrop Grumman
- 6.2.1 Northrop Grumman Company Information
- 6.2.2 Northrop Grumman Business Overview
- 6.2.3 Northrop Grumman Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Northrop Grumman Space Propulsion Systems Product Portfolio
- 6.2.5 Northrop Grumman Recent Developments
- 6.3 Aerojet Rocketdyne
- 6.3.1 Aerojet Rocketdyne Company Information
- 6.3.2 Aerojet Rocketdyne Business Overview
- 6.3.3 Aerojet Rocketdyne Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Aerojet Rocketdyne Space Propulsion Systems Product Portfolio
- 6.3.5 Aerojet Rocketdyne Recent Developments
- 6.4 ArianeGroup
- 6.4.1 ArianeGroup Company Information
- 6.4.2 ArianeGroup Business Overview
- 6.4.3 ArianeGroup Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 ArianeGroup Space Propulsion Systems Product Portfolio
- 6.4.5 ArianeGroup Recent Developments
- 6.5 Moog
- 6.5.1 Moog Company Information
- 6.5.2 Moog Business Overview
- 6.5.3 Moog Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Moog Space Propulsion Systems Product Portfolio
- 6.5.5 Moog Recent Developments
- 6.6 IHI Corporation
- 6.6.1 IHI Corporation Company Information
- 6.6.2 IHI Corporation Business Overview
- 6.6.3 IHI Corporation Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 IHI Corporation Space Propulsion Systems Product Portfolio
- 6.6.5 IHI Corporation Recent Developments
- 6.7 CASC
- 6.7.1 CASC Company Information
- 6.7.2 CASC Business Overview
- 6.7.3 CASC Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 CASC Space Propulsion Systems Product Portfolio
- 6.7.5 CASC Recent Developments
- 6.8 OHB System
- 6.8.1 OHB System Company Information
- 6.8.2 OHB System Business Overview
- 6.8.3 OHB System Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 OHB System Space Propulsion Systems Product Portfolio
- 6.8.5 OHB System Recent Developments
- 6.9 SpaceX
- 6.9.1 SpaceX Company Information
- 6.9.2 SpaceX Business Overview
- 6.9.3 SpaceX Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 SpaceX Space Propulsion Systems Product Portfolio
- 6.9.5 SpaceX Recent Developments
- 6.10 Thales
- 6.10.1 Thales Company Information
- 6.10.2 Thales Business Overview
- 6.10.3 Thales Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Thales Space Propulsion Systems Product Portfolio
- 6.10.5 Thales Recent Developments
- 6.11 Roscosmos
- 6.11.1 Roscosmos Company Information
- 6.11.2 Roscosmos Business Overview
- 6.11.3 Roscosmos Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Roscosmos Space Propulsion Systems Product Portfolio
- 6.11.5 Roscosmos Recent Developments
- 6.12 Lockheed Martin
- 6.12.1 Lockheed Martin Company Information
- 6.12.2 Lockheed Martin Business Overview
- 6.12.3 Lockheed Martin Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Lockheed Martin Space Propulsion Systems Product Portfolio
- 6.12.5 Lockheed Martin Recent Developments
- 6.13 Rafael
- 6.13.1 Rafael Company Information
- 6.13.2 Rafael Business Overview
- 6.13.3 Rafael Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Rafael Space Propulsion Systems Product Portfolio
- 6.13.5 Rafael Recent Developments
- 6.14 Accion Systems
- 6.14.1 Accion Systems Company Information
- 6.14.2 Accion Systems Business Overview
- 6.14.3 Accion Systems Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Accion Systems Space Propulsion Systems Product Portfolio
- 6.14.5 Accion Systems Recent Developments
- 6.15 Busek
- 6.15.1 Busek Company Information
- 6.15.2 Busek Business Overview
- 6.15.3 Busek Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Busek Space Propulsion Systems Product Portfolio
- 6.15.5 Busek Recent Developments
- 6.16 Avio
- 6.16.1 Avio Company Information
- 6.16.2 Avio Business Overview
- 6.16.3 Avio Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Avio Space Propulsion Systems Product Portfolio
- 6.16.5 Avio Recent Developments
- 6.17 CU Aerospace
- 6.17.1 CU Aerospace Company Information
- 6.17.2 CU Aerospace Business Overview
- 6.17.3 CU Aerospace Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 CU Aerospace Space Propulsion Systems Product Portfolio
- 6.17.5 CU Aerospace Recent Developments
- 6.18 Nammo
- 6.18.1 Nammo Company Information
- 6.18.2 Nammo Business Overview
- 6.18.3 Nammo Space Propulsion Systems Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Nammo Space Propulsion Systems Product Portfolio
- 6.18.5 Nammo Recent Developments
7 North America by Country
- 7.1 North America Space Propulsion Systems Sales by Country
- 7.1.1 North America Space Propulsion Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Space Propulsion Systems Sales by Country (2021-2026)
- 7.1.3 North America Space Propulsion Systems Sales Forecast by Country (2027-2032)
- 7.2 North America Space Propulsion Systems Market Size by Country
- 7.2.1 North America Space Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Space Propulsion Systems Market Size by Country (2021-2026)
- 7.2.3 North America Space Propulsion Systems Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Space Propulsion Systems Sales by Country
- 8.1.1 Europe Space Propulsion Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Space Propulsion Systems Sales by Country (2021-2026)
- 8.1.3 Europe Space Propulsion Systems Sales Forecast by Country (2027-2032)
- 8.2 Europe Space Propulsion Systems Market Size by Country
- 8.2.1 Europe Space Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Space Propulsion Systems Market Size by Country (2021-2026)
- 8.2.3 Europe Space Propulsion Systems Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Space Propulsion Systems Sales by Country
- 9.1.1 Asia-Pacific Space Propulsion Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Space Propulsion Systems Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Space Propulsion Systems Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Space Propulsion Systems Market Size by Country
- 9.2.1 Asia-Pacific Space Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Space Propulsion Systems Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Space Propulsion Systems Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Space Propulsion Systems Sales by Country
- 10.1.1 South America Space Propulsion Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Space Propulsion Systems Sales by Country (2021-2026)
- 10.1.3 South America Space Propulsion Systems Sales Forecast by Country (2027-2032)
- 10.2 South America Space Propulsion Systems Market Size by Country
- 10.2.1 South America Space Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Space Propulsion Systems Market Size by Country (2021-2026)
- 10.2.3 South America Space Propulsion Systems Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Space Propulsion Systems Sales by Country
- 11.1.1 Middle East and Africa Space Propulsion Systems Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Space Propulsion Systems Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Space Propulsion Systems Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Space Propulsion Systems Market Size by Country
- 11.2.1 Middle East and Africa Space Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Space Propulsion Systems Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Space Propulsion Systems Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Space Propulsion Systems Value Chain Analysis
- 12.1.1 Space Propulsion Systems Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Space Propulsion Systems Production Mode & Process
- 12.2 Space Propulsion Systems Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Space Propulsion Systems Distributors
- 12.2.3 Space Propulsion Systems Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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