Selected research
Market Structure
Global Aerospace Propulsion System Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Aerospace Propulsion System market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Aerospace Propulsion System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Aerospace Propulsion System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Aerospace Propulsion System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Aerospace Propulsion System 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 Aerospace Propulsion System include Northrop Grumman Corporation, IHI Aerospace, Rafael Advanced Defense Systems Ltd., GKN Aerospace, OHB System AG, Dassault Systèmes, Safran S.A., CU Aerospace and GE Aerospace, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Aerospace Propulsion System output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Aerospace Propulsion System by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Aerospace Propulsion System market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Aerospace Propulsion System and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Aerospace Propulsion System sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Aerospace Propulsion System market size, projected growth trends, production technologies, key applications, and end-use industries.
Aerospace Propulsion System Segment by Company
Northrop Grumman Corporation
IHI Aerospace
Rafael Advanced Defense Systems Ltd.
GKN Aerospace
OHB System AG
Dassault Systèmes
Safran S.A.
CU Aerospace
GE Aerospace
Moog Inc.
Solvay S.A
Dawn Aerospace
Honeywell Aerospace
Lockheed Martin
Busek Co. Inc
Aerojet Rocketdyne Holdings
Aerospace Propulsion System Segment by Type
Electric Propulsion
Solid Propulsion
Liquid Propulsion
Others
Aerospace Propulsion System Segment by Application
Solid Rocket
Satellite
Airplane
Aircraft
Others
Aerospace Propulsion System 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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 Aerospace Propulsion System 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 Aerospace Propulsion System 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 Aerospace Propulsion System.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Aerospace Propulsion System market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Aerospace Propulsion System industry.
Chapter 3: Detailed analysis of Aerospace Propulsion System market competition landscape. Including Aerospace Propulsion System manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: Production/Production Value of Aerospace Propulsion System by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Aerospace Propulsion System 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Electric Propulsion
- Solid Propulsion
- Liquid Propulsion
- Others
Applications
- Solid Rocket
- Satellite
- Airplane
- Aircraft
- Others
Companies covered
- Northrop Grumman Corporation
- IHI Aerospace
- Rafael Advanced Defense Systems Ltd.
- GKN Aerospace
- OHB System AG
- Dassault Systèmes
- Safran S.A.
- CU Aerospace
- GE Aerospace
- Moog Inc.
- Solvay S.A
- Dawn Aerospace
- Honeywell Aerospace
- Lockheed Martin
- Busek Co. Inc
- Aerojet Rocketdyne Holdings
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Aerospace Propulsion System Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Aerospace Propulsion System Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Aerospace Propulsion System Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Aerospace Propulsion System Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Aerospace Propulsion System Market Dynamics
- 2.1 Aerospace Propulsion System Industry Trends
- 2.2 Aerospace Propulsion System Industry Drivers
- 2.3 Aerospace Propulsion System Industry Opportunities and Challenges
- 2.4 Aerospace Propulsion System Industry Restraints
3 Aerospace Propulsion System Market by Manufacturers
- 3.1 Global Aerospace Propulsion System Production Value by Manufacturers (2021-2026)
- 3.2 Global Aerospace Propulsion System Production by Manufacturers (2021-2026)
- 3.3 Global Aerospace Propulsion System Average Price by Manufacturers (2021-2026)
- 3.4 Global Aerospace Propulsion System Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Aerospace Propulsion System Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Aerospace Propulsion System Manufacturers, Product Type & Application
- 3.7 Global Aerospace Propulsion System Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Aerospace Propulsion System Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Aerospace Propulsion System Players Market Share by Production Value in 2025
- 3.8.3 2025 Aerospace Propulsion System Tier 1, Tier 2, and Tier 3
4 Aerospace Propulsion System Market by Type
- 4.1 Aerospace Propulsion System Type Introduction
- 4.1.1 Electric Propulsion
- 4.1.2 Solid Propulsion
- 4.1.3 Liquid Propulsion
- 4.1.4 Others
- 4.2 Global Aerospace Propulsion System Production by Type
- 4.2.1 Global Aerospace Propulsion System Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Aerospace Propulsion System Production by Type (2021-2032)
- 4.2.3 Global Aerospace Propulsion System Production Market Share by Type (2021-2032)
- 4.3 Global Aerospace Propulsion System Production Value by Type
- 4.3.1 Global Aerospace Propulsion System Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Aerospace Propulsion System Production Value by Type (2021-2032)
- 4.3.3 Global Aerospace Propulsion System Production Value Market Share by Type (2021-2032)
5 Aerospace Propulsion System Market by Application
- 5.1 Aerospace Propulsion System Application Introduction
- 5.1.1 Solid Rocket
- 5.1.2 Satellite
- 5.1.3 Airplane
- 5.1.4 Aircraft
- 5.1.5 Others
- 5.2 Global Aerospace Propulsion System Production by Application
- 5.2.1 Global Aerospace Propulsion System Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Aerospace Propulsion System Production by Application (2021-2032)
- 5.2.3 Global Aerospace Propulsion System Production Market Share by Application (2021-2032)
- 5.3 Global Aerospace Propulsion System Production Value by Application
- 5.3.1 Global Aerospace Propulsion System Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Aerospace Propulsion System Production Value by Application (2021-2032)
- 5.3.3 Global Aerospace Propulsion System Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Northrop Grumman Corporation
- 6.1.1 Northrop Grumman Corporation Company Information
- 6.1.2 Northrop Grumman Corporation Business Overview
- 6.1.3 Northrop Grumman Corporation Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.1.4 Northrop Grumman Corporation Aerospace Propulsion System Product Portfolio
- 6.1.5 Northrop Grumman Corporation Recent Developments
- 6.2 IHI Aerospace
- 6.2.1 IHI Aerospace Company Information
- 6.2.2 IHI Aerospace Business Overview
- 6.2.3 IHI Aerospace Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.2.4 IHI Aerospace Aerospace Propulsion System Product Portfolio
- 6.2.5 IHI Aerospace Recent Developments
- 6.3 Rafael Advanced Defense Systems Ltd.
- 6.3.1 Rafael Advanced Defense Systems Ltd. Company Information
- 6.3.2 Rafael Advanced Defense Systems Ltd. Business Overview
- 6.3.3 Rafael Advanced Defense Systems Ltd. Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.3.4 Rafael Advanced Defense Systems Ltd. Aerospace Propulsion System Product Portfolio
- 6.3.5 Rafael Advanced Defense Systems Ltd. Recent Developments
- 6.4 GKN Aerospace
- 6.4.1 GKN Aerospace Company Information
- 6.4.2 GKN Aerospace Business Overview
- 6.4.3 GKN Aerospace Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.4.4 GKN Aerospace Aerospace Propulsion System Product Portfolio
- 6.4.5 GKN Aerospace Recent Developments
- 6.5 OHB System AG
- 6.5.1 OHB System AG Company Information
- 6.5.2 OHB System AG Business Overview
- 6.5.3 OHB System AG Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.5.4 OHB System AG Aerospace Propulsion System Product Portfolio
- 6.5.5 OHB System AG Recent Developments
- 6.6 Dassault Systèmes
- 6.6.1 Dassault Systèmes Company Information
- 6.6.2 Dassault Systèmes Business Overview
- 6.6.3 Dassault Systèmes Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.6.4 Dassault Systèmes Aerospace Propulsion System Product Portfolio
- 6.6.5 Dassault Systèmes Recent Developments
- 6.7 Safran S.A.
- 6.7.1 Safran S.A. Company Information
- 6.7.2 Safran S.A. Business Overview
- 6.7.3 Safran S.A. Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.7.4 Safran S.A. Aerospace Propulsion System Product Portfolio
- 6.7.5 Safran S.A. Recent Developments
- 6.8 CU Aerospace
- 6.8.1 CU Aerospace Company Information
- 6.8.2 CU Aerospace Business Overview
- 6.8.3 CU Aerospace Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.8.4 CU Aerospace Aerospace Propulsion System Product Portfolio
- 6.8.5 CU Aerospace Recent Developments
- 6.9 GE Aerospace
- 6.9.1 GE Aerospace Company Information
- 6.9.2 GE Aerospace Business Overview
- 6.9.3 GE Aerospace Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.9.4 GE Aerospace Aerospace Propulsion System Product Portfolio
- 6.9.5 GE Aerospace Recent Developments
- 6.10 Moog Inc.
- 6.10.1 Moog Inc. Company Information
- 6.10.2 Moog Inc. Business Overview
- 6.10.3 Moog Inc. Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.10.4 Moog Inc. Aerospace Propulsion System Product Portfolio
- 6.10.5 Moog Inc. Recent Developments
- 6.11 Solvay S.A
- 6.11.1 Solvay S.A Company Information
- 6.11.2 Solvay S.A Business Overview
- 6.11.3 Solvay S.A Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.11.4 Solvay S.A Aerospace Propulsion System Product Portfolio
- 6.11.5 Solvay S.A Recent Developments
- 6.12 Dawn Aerospace
- 6.12.1 Dawn Aerospace Company Information
- 6.12.2 Dawn Aerospace Business Overview
- 6.12.3 Dawn Aerospace Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.12.4 Dawn Aerospace Aerospace Propulsion System Product Portfolio
- 6.12.5 Dawn Aerospace Recent Developments
- 6.13 Honeywell Aerospace
- 6.13.1 Honeywell Aerospace Company Information
- 6.13.2 Honeywell Aerospace Business Overview
- 6.13.3 Honeywell Aerospace Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.13.4 Honeywell Aerospace Aerospace Propulsion System Product Portfolio
- 6.13.5 Honeywell Aerospace Recent Developments
- 6.14 Lockheed Martin
- 6.14.1 Lockheed Martin Company Information
- 6.14.2 Lockheed Martin Business Overview
- 6.14.3 Lockheed Martin Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.14.4 Lockheed Martin Aerospace Propulsion System Product Portfolio
- 6.14.5 Lockheed Martin Recent Developments
- 6.15 Busek Co. Inc
- 6.15.1 Busek Co. Inc Company Information
- 6.15.2 Busek Co. Inc Business Overview
- 6.15.3 Busek Co. Inc Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.15.4 Busek Co. Inc Aerospace Propulsion System Product Portfolio
- 6.15.5 Busek Co. Inc Recent Developments
- 6.16 Aerojet Rocketdyne Holdings
- 6.16.1 Aerojet Rocketdyne Holdings Company Information
- 6.16.2 Aerojet Rocketdyne Holdings Business Overview
- 6.16.3 Aerojet Rocketdyne Holdings Aerospace Propulsion System Production, Value and Gross Margin (2021-2026)
- 6.16.4 Aerojet Rocketdyne Holdings Aerospace Propulsion System Product Portfolio
- 6.16.5 Aerojet Rocketdyne Holdings Recent Developments
7 Global Aerospace Propulsion System Production by Region
- 7.1 Global Aerospace Propulsion System Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Aerospace Propulsion System Production by Region (2021-2032)
- 7.2.1 Global Aerospace Propulsion System Production by Region (2021-2026)
- 7.2.2 Global Aerospace Propulsion System Production Forecast by Region (2027-2032)
- 7.3 Global Aerospace Propulsion System Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Aerospace Propulsion System Production Value by Region (2021-2032)
- 7.4.1 Global Aerospace Propulsion System Production Value by Region (2021-2026)
- 7.4.2 Global Aerospace Propulsion System Production Value by Region (2027-2032)
- 7.5 Global Aerospace Propulsion System Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Aerospace Propulsion System Production Value (2021-2032)
- 7.6.2 Europe Aerospace Propulsion System Production Value (2021-2032)
- 7.6.3 Asia-Pacific Aerospace Propulsion System Production Value (2021-2032)
- 7.6.4 South America Aerospace Propulsion System Production Value (2021-2032)
- 7.6.5 Middle East & Africa Aerospace Propulsion System Production Value (2021-2032)
8 Global Aerospace Propulsion System Consumption by Region
- 8.1 Global Aerospace Propulsion System Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Aerospace Propulsion System Consumption by Region (2021-2032)
- 8.2.1 Global Aerospace Propulsion System Consumption by Region (2021-2026)
- 8.2.2 Global Aerospace Propulsion System Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Aerospace Propulsion System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Aerospace Propulsion System Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Aerospace Propulsion System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Aerospace Propulsion System Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Aerospace Propulsion System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Aerospace Propulsion System Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Aerospace Propulsion System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Aerospace Propulsion System Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Aerospace Propulsion System Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Aerospace Propulsion System Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Aerospace Propulsion System Value Chain Analysis
- 9.1.1 Aerospace Propulsion System Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Aerospace Propulsion System Production Mode & Process
- 9.2 Aerospace Propulsion System Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Aerospace Propulsion System Distributors
- 9.2.3 Aerospace Propulsion System Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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