Propulsion Systems - Global Strategic Business Report

Report
244 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 4805442

Global Propulsion Systems Market to Reach $436.2 Billion by 2030

The global market for Propulsion Systems estimated at US$306.6 Billion in the year 2023, is projected to reach a revised size of US$436.2 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2023-2030. Air Breathing Engines, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$222.7 Billion by the end of the analysis period. Growth in the Non-Air Breathing Engines segment is estimated at 4.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $90.7 Billion, While China is Forecast to Grow at 4.8% CAGR

The Propulsion Systems market in the U.S. is estimated at US$90.7 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$76.5 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 4.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Report Features

Full access to influencer engagement stats
Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
Complimentary report updates for one year
Competitor coverage with global market shares of major players
Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 41 Featured):

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)

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
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
Propulsion Systems - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Global Economic Update

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Propulsion Systems Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
Table 2: World Recent Past, Current & Future Analysis for Propulsion Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for Propulsion Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 4: World 16-Year Perspective for Propulsion Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Air Breathing Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Air Breathing Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 7: World 16-Year Perspective for Air Breathing Engines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Non-Air Breathing Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Non-Air Breathing Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 10: World 16-Year Perspective for Non-Air Breathing Engines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Electric Propulsion Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Electric Propulsion Engines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 13: World 16-Year Perspective for Electric Propulsion Engines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 14: World Recent Past, Current & Future Analysis for Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 15: World Historic Review for Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 16: World 16-Year Perspective for Aircraft by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 17: World Recent Past, Current & Future Analysis for Spacecraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 18: World Historic Review for Spacecraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 19: World 16-Year Perspective for Spacecraft by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 20: World Recent Past, Current & Future Analysis for Missiles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 21: World Historic Review for Missiles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 22: World 16-Year Perspective for Missiles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 23: World Recent Past, Current & Future Analysis for Unmanned Aerial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 24: World Historic Review for Unmanned Aerial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 25: World 16-Year Perspective for Unmanned Aerial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
Table 26: USA Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 27: USA Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 28: USA 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 29: USA Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 30: USA Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 31: USA 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

CANADA

Table 32: Canada Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 33: Canada Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 34: Canada 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 35: Canada Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 36: Canada Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 37: Canada 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

JAPAN

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Table 38: Japan Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 39: Japan Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 40: Japan 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 41: Japan Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 42: Japan Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 43: Japan 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

CHINA

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
Table 44: China Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 45: China Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 46: China 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 47: China Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 48: China Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 49: China 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

EUROPE

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Table 50: Europe Recent Past, Current & Future Analysis for Propulsion Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 51: Europe Historic Review for Propulsion Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 52: Europe 16-Year Perspective for Propulsion Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
Table 53: Europe Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 54: Europe Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 55: Europe 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 56: Europe Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 57: Europe Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 58: Europe 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

FRANCE

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
Table 59: France Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 60: France Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 61: France 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 62: France Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 63: France Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 64: France 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

GERMANY

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
Table 65: Germany Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 66: Germany Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 67: Germany 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 68: Germany Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 69: Germany Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 70: Germany 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

ITALY

Table 71: Italy Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 72: Italy Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 73: Italy 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 74: Italy Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 75: Italy Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 76: Italy 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

UNITED KINGDOM

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
Table 77: UK Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 78: UK Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 79: UK 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 80: UK Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 81: UK Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 82: UK 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

REST OF EUROPE

Table 83: Rest of Europe Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 84: Rest of Europe Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 85: Rest of Europe 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 86: Rest of Europe Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 87: Rest of Europe Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 88: Rest of Europe 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

ASIA-PACIFIC

Propulsion Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Table 89: Asia-Pacific Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 90: Asia-Pacific Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 91: Asia-Pacific 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 92: Asia-Pacific Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 93: Asia-Pacific Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 94: Asia-Pacific 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

REST OF WORLD

Table 95: Rest of World Recent Past, Current & Future Analysis for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 96: Rest of World Historic Review for Propulsion Systems by Type - Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 97: Rest of World 16-Year Perspective for Propulsion Systems by Type - Percentage Breakdown of Value Sales for Air Breathing Engines, Non-Air Breathing Engines and Electric Propulsion Engines for the Years 2014, 2024 & 2030
Table 98: Rest of World Recent Past, Current & Future Analysis for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 99: Rest of World Historic Review for Propulsion Systems by Application - Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 100: Rest of World 16-Year Perspective for Propulsion Systems by Application - Percentage Breakdown of Value Sales for Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicles for the Years 2014, 2024 & 2030

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

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)

Table Information

Report Attribute	Details
No. of Pages	244
Published	April 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 306.6 Billion
Forecasted Market Value ( USD ) by 2030	$ 436.2 Billion
Compound Annual Growth Rate	5.2%
Regions Covered	Global

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Global Propulsion Systems Market to Reach $436.2 Billion by 2030

The U.S. Market is Estimated at $90.7 Billion, While China is Forecast to Grow at 4.8% CAGR

Report Features

What to Expect from the Global Economy in 2024

Select Competitors (Total 41 Featured):

Table of Contents

Companies Mentioned (Partial List)

Table Information

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