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Propulsion Systems - Global Market Trajectory & Analytics

  • ID: 4805442
  • Report
  • September 2020
  • Region: Global
  • 179 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • GENERAL ELECTRIC COMPANY
  • GKN AEROSPACE
  • HONEYWELL INTERNATIONAL
  • ORBITAL ATK
  • RAYTHEON COMPANY
  • ROLLS-ROYCE HOLDINGS PLC
  • MORE
Global Propulsion Systems Market to Reach $414.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Propulsion Systems estimated at US$288.3 Billion in the year 2020, is projected to reach a revised size of US$414.1 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Air Breathing Engines, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$216.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Air Breathing Engines segment is readjusted to a revised 3.9% CAGR for the next 7-year period.

The U. S. Market is Estimated at $85 Billion, While China is Forecast to Grow at 4.9% CAGR

The Propulsion Systems market in the U. S. is estimated at US$85 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$72.9 Billion by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Electric Propulsion Engines Segment to Record 6.1% CAGR

In the global Electric Propulsion Engines segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$46.7 Billion in the year 2020 will reach a projected size of US$70.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$47.5 Billion by the year 2027. We bring years of research experience to this 8th edition of our report. The 179-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Aerojet Rocketdyne Holdings, Inc.
  • General Electric Company
  • GKN Aerospace
  • Honeywell International, Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Orbital ATK, Inc.
  • Raytheon Company
  • Rolls-Royce Holdings PLC
  • SAFRAN Group
  • United Technologies Corporation (UTC)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • GENERAL ELECTRIC COMPANY
  • GKN AEROSPACE
  • HONEYWELL INTERNATIONAL
  • ORBITAL ATK
  • RAYTHEON COMPANY
  • ROLLS-ROYCE HOLDINGS PLC
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Inventions and Technological Innovations to Drive Propulsion Systems Market
  • Current and Future Military Procurements: Significant Factor for Growth of the Market
  • Considerable Increase in Satellites and Launch Vehicles Drive the Space Propulsion System Market
  • Rising Demand for Microsatellite Drive the Satellite Propulsion System Market
  • Growing Interest in Electric Propulsion System Market
  • USA: The Largest Market
  • INNOVATIONS AND ADVANCEMENTS
  • Innovations in Advanced Propulsion for Deep-Space Exploration
  • Advanced Electric-Propulsion Technologies
  • Advanced Chemical-Propulsion Technologies
  • Precision Micro/Nano Propulsion
  • Technologies and Challenges for In-Space Propulsion Technologies
  • Aircraft Propulsion System with Propulsive Fuselage to Cut Co2 Emission
  • Advancements in Propulsion Systems and Aerodynamics to Create Environment Friendly Aircrafts
  • Green Propellant and Rotary Turbo Rocket to Disrupt Rocket Propulsion System
  • Advancement in Form Factor of Electric Propulsion System to Modify Satellite Designs
  • AM and Generative Design Tools for New Engines
  • Advanced Electric Propulsion System (AEPS) Passes Major Milestone
  • PRODUCT OVERVIEW
  • Propulsion Defined
  • Vehicular Propulsion
  • Engines Produce Thrust to Power Flying Machines
  • Thrust Overcomes Weight for Vertical Flight
  • Propulsion System
  • Electrical Propulsion
  • Propulsion Systems for Advanced Space Missions
  • Aircraft Propulsion System
  • Propulsion Systems for Spacecraft and Satellites
  • Rocket Propulsion and Types
  • Jet Engine vs. Rocket Engine
  • Air Breathing Engines
  • Types of Air Breathing Engines
  • Turbojet Engine
  • Turbofan Engine
  • Turboprop and Turboshaft
  • Propfan
  • Hypersonic Air Breathing Propulsion Technology
  • Non-Air Breathing Engines: Rocket Engine
  • Electric Propulsion Engines
  • Solar Electric Propulsion (Ion Propulsion)
  • Electric Spacecraft Engines
  • Global Competitor Market Shares
  • Propulsion Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Propulsion Systems Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Propulsion Systems Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
  • TABLE 3: Propulsion Systems Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Air Breathing Engines (Type) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 5: Air Breathing Engines (Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
  • TABLE 6: Air Breathing Engines (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Non-Air Breathing Engines (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • TABLE 8: Non-Air Breathing Engines (Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
  • TABLE 9: Non-Air Breathing Engines (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 10: Electric Propulsion Engines (Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • TABLE 11: Electric Propulsion Engines (Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
  • TABLE 12: Electric Propulsion Engines (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 13: Aircraft (Application) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
  • TABLE 14: Aircraft (Application) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 15: Aircraft (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 16: Spacecraft (Application) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 17: Spacecraft (Application) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 18: Spacecraft (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 19: Missiles (Application) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
  • TABLE 20: Missiles (Application) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2012 to 2019
  • TABLE 21: Missiles (Application) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
  • TABLE 22: Unmanned Aerial Vehicles (Application) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
  • TABLE 23: Unmanned Aerial Vehicles (Application) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 24: Unmanned Aerial Vehicles (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Propulsion Systems Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 25: United States Propulsion Systems Market Estimates and Projections in US$ Million by Type: 2020 to 2027
  • TABLE 26: Propulsion Systems Market in the United States by Type: A Historic Review in US$ Million for 2012-2019
  • TABLE 27: United States Propulsion Systems Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • TABLE 28: United States Propulsion Systems Latent Demand Forecasts in US$ Million by Application: 2020 to 2027
  • TABLE 29: Propulsion Systems Historic Demand Patterns in the United States by Application in US$ Million for 2012-2019
  • TABLE 30: Propulsion Systems Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027
CANADA
  • TABLE 31: Canadian Propulsion Systems Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
  • TABLE 32: Canadian Propulsion Systems Historic Market Review by Type in US$ Million: 2012-2019
  • TABLE 33: Propulsion Systems Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
  • TABLE 34: Canadian Propulsion Systems Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027
  • TABLE 35: Propulsion Systems Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019
  • TABLE 36: Canadian Propulsion Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
JAPAN
  • TABLE 37: Japanese Market for Propulsion Systems: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
  • TABLE 38: Propulsion Systems Market in Japan: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
  • TABLE 39: Japanese Propulsion Systems Market Share Analysis by Type: 2012 VS 2020 VS 2027
  • TABLE 40: Japanese Demand Estimates and Forecasts for Propulsion Systems in US$ Million by Application: 2020 to 2027
  • TABLE 41: Japanese Propulsion Systems Market in US$ Million by Application: 2012-2019
  • TABLE 42: Propulsion Systems Market Share Shift in Japan by Application: 2012 VS 2020 VS 2027
CHINA
  • TABLE 43: Chinese Propulsion Systems Market Growth Prospects in US$ Million by Type for the Period 2020-2027
  • TABLE 44: Propulsion Systems Historic Market Analysis in China in US$ Million by Type: 2012-2019
  • TABLE 45: Chinese Propulsion Systems Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
  • TABLE 46: Chinese Demand for Propulsion Systems in US$ Million by Application: 2020 to 2027
  • TABLE 47: Propulsion Systems Market Review in China in US$ Million by Application: 2012-2019
  • TABLE 48: Chinese Propulsion Systems Market Share Breakdown by Application: 2012 VS 2020 VS 2027
EUROPE
  • Market Facts & Figures
  • European Propulsion Systems Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 49: European Propulsion Systems Market Demand Scenario in US$ Million by Region/Country: 2020-2027
  • TABLE 50: Propulsion Systems Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
  • TABLE 51: European Propulsion Systems Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 52: European Propulsion Systems Market Estimates and Forecasts in US$ Million by Type: 2020-2027
  • TABLE 53: Propulsion Systems Market in Europe in US$ Million by Type: A Historic Review for the Period 2012-2019
  • TABLE 54: European Propulsion Systems Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • TABLE 55: European Propulsion Systems Addressable Market Opportunity in US$ Million by Application: 2020-2027
  • TABLE 56: Propulsion Systems Market in Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019
  • TABLE 57: European Propulsion Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
FRANCE
  • TABLE 58: Propulsion Systems Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 59: French Propulsion Systems Historic Market Scenario in US$ Million by Type: 2012-2019
  • TABLE 60: French Propulsion Systems Market Share Analysis by Type: 2012 VS 2020 VS 2027
  • TABLE 61: Propulsion Systems Quantitative Demand Analysis in France in US$ Million by Application: 2020-2027
  • TABLE 62: French Propulsion Systems Historic Market Review in US$ Million by Application: 2012-2019
  • TABLE 63: French Propulsion Systems Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
GERMANY
  • TABLE 64: Propulsion Systems Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
  • TABLE 65: German Propulsion Systems Historic Market Analysis in US$ Million by Type: 2012-2019
  • TABLE 66: German Propulsion Systems Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • TABLE 67: Propulsion Systems Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027
  • TABLE 68: German Propulsion Systems Market in Retrospect in US$ Million by Application: 2012-2019
  • TABLE 69: Propulsion Systems Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027
ITALY
  • TABLE 70: Italian Propulsion Systems Market Growth Prospects in US$ Million by Type for the Period 2020-2027
  • TABLE 71: Propulsion Systems Historic Market Analysis in Italy in US$ Million by Type: 2012-2019
  • TABLE 72: Italian Propulsion Systems Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
  • TABLE 73: Italian Demand for Propulsion Systems in US$ Million by Application: 2020 to 2027
  • TABLE 74: Propulsion Systems Market Review in Italy in US$ Million by Application: 2012-2019
  • TABLE 75: Italian Propulsion Systems Market Share Breakdown by Application: 2012 VS 2020 VS 2027
UNITED KINGDOM
  • TABLE 76: United Kingdom Market for Propulsion Systems: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
  • TABLE 77: Propulsion Systems Market in the United Kingdom: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
  • TABLE 78: United Kingdom Propulsion Systems Market Share Analysis by Type: 2012 VS 2020 VS 2027
  • TABLE 79: United Kingdom Demand Estimates and Forecasts for Propulsion Systems in US$ Million by Application: 2020 to 2027
  • TABLE 80: United Kingdom Propulsion Systems Market in US$ Million by Application: 2012-2019
  • TABLE 81: Propulsion Systems Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027
REST OF EUROPE
  • TABLE 82: Rest of Europe Propulsion Systems Market Estimates and Forecasts in US$ Million by Type: 2020-2027
  • TABLE 83: Propulsion Systems Market in Rest of Europe in US$ Million by Type: A Historic Review for the Period 2012-2019
  • TABLE 84: Rest of Europe Propulsion Systems Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • TABLE 85: Rest of Europe Propulsion Systems Addressable Market Opportunity in US$ Million by Application: 2020-2027
  • TABLE 86: Propulsion Systems Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019
  • TABLE 87: Rest of Europe Propulsion Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
ASIA-PACIFIC
  • TABLE 88: Propulsion Systems Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 89: Asia-Pacific Propulsion Systems Historic Market Scenario in US$ Million by Type: 2012-2019
  • TABLE 90: Asia-Pacific Propulsion Systems Market Share Analysis by Type: 2012 VS 2020 VS 2027
  • TABLE 91: Propulsion Systems Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2020-2027
  • TABLE 92: Asia-Pacific Propulsion Systems Historic Market Review in US$ Million by Application: 2012-2019
  • TABLE 93: Asia-Pacific Propulsion Systems Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
REST OF WORLD
  • TABLE 94: Rest of World Propulsion Systems Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
  • TABLE 95: Rest of World Propulsion Systems Historic Market Review by Type in US$ Million: 2012-2019
  • TABLE 96: Propulsion Systems Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
  • TABLE 97: Rest of World Propulsion Systems Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027
  • TABLE 98: Propulsion Systems Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019
  • TABLE 99: Rest of World Propulsion Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
IV. COMPETITION
  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown
  • AEROJET ROCKETDYNE HOLDINGS, INC.
  • GKN AEROSPACE
  • GENERAL ELECTRIC COMPANY
  • HONEYWELL INTERNATIONAL
  • LOCKHEED MARTIN CORPORATION
  • NORTHROP GRUMMAN CORPORATION
  • ORBITAL ATK
  • RAYTHEON COMPANY
  • ROLLS-ROYCE HOLDINGS PLC
  • SAFRAN GROUP
  • U
Note: Product cover images may vary from those shown
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