Global Space Propulsion Market to Reach $21.5 Billion by 2030
The global market for Space Propulsion estimated at US$7.1 Billion in the year 2022, is projected to reach a revised size of US$21.5 Billion by 2030, growing at a CAGR of 14.9% over the analysis period 2022-2030. Chemical, one of the segments analyzed in the report, is projected to record 12% CAGR and reach US$6.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Nuclear segment is readjusted to a revised 14.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 14% CAGR
The Space Propulsion market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 14% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.2% and 13% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR.Select Competitors (Total 46 Featured) -
- Ball Corporation
- Dawn Aerospace
- OHB SE
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Space Propulsion - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Space Propulsion Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- Table 2: World Recent Past, Current & Future Analysis for Space Propulsion 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 2022 through 2030 and % CAGR
- Table 3: World Historic Review for Space Propulsion 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 2021 and % CAGR
- Table 4: World 16-Year Perspective for Space Propulsion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Chemical 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 2022 through 2030 and % CAGR
- Table 6: World Historic Review for Chemical 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 2021 and % CAGR
- Table 7: World 16-Year Perspective for Chemical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
- Table 8: World Recent Past, Current & Future Analysis for Nuclear 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 2022 through 2030 and % CAGR
- Table 9: World Historic Review for Nuclear 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 2021 and % CAGR
- Table 10: World 16-Year Perspective for Nuclear by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
- Table 11: World Recent Past, Current & Future Analysis for Solar 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 2022 through 2030 and % CAGR
- Table 12: World Historic Review for Solar 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 2021 and % CAGR
- Table 13: World 16-Year Perspective for Solar by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
- Table 14: World Recent Past, Current & Future Analysis for Electric 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 2022 through 2030 and % CAGR
- Table 15: World Historic Review for Electric 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 2021 and % CAGR
- Table 16: World 16-Year Perspective for Electric by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
- Table 17: World Recent Past, Current & Future Analysis for Other Propulsion Types 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 2022 through 2030 and % CAGR
- Table 18: World Historic Review for Other Propulsion Types 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 2021 and % CAGR
- Table 19: World 16-Year Perspective for Other Propulsion Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 22: USA 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- CANADA
- Table 23: Canada Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 24: Canada Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 25: Canada 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- JAPAN
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 26: Japan Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Japan Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 28: Japan 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- CHINA
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 29: China Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 30: China Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 31: China 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- EUROPE
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 32: Europe Recent Past, Current & Future Analysis for Space Propulsion by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 33: Europe Historic Review for Space Propulsion by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 34: Europe 16-Year Perspective for Space Propulsion by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
- Table 35: Europe Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 36: Europe Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 37: Europe 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- FRANCE
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 38: France Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: France Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 40: France 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- GERMANY
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 41: Germany Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 42: Germany Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: Germany 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- ITALY
- Table 44: Italy Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Italy Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 46: Italy 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- UNITED KINGDOM
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 47: UK Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 48: UK Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 49: UK 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- REST OF EUROPE
- Table 50: Rest of Europe Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Rest of Europe Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 52: Rest of Europe 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- ASIA-PACIFIC
- Space Propulsion Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 53: Asia-Pacific Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 54: Asia-Pacific Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 55: Asia-Pacific 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
- REST OF WORLD
- Table 56: Rest of World Recent Past, Current & Future Analysis for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Rest of World Historic Review for Space Propulsion by Propulsion Type - Chemical, Nuclear, Solar, Electric and Other Propulsion Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 58: Rest of World 16-Year Perspective for Space Propulsion by Propulsion Type - Percentage Breakdown of Value Sales for Chemical, Nuclear, Solar, Electric and Other Propulsion Types for the Years 2014, 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ball Corporation
- Dawn Aerospace
- OHB SE
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 7.1 Billion |
| Forecasted Market Value ( USD | $ 21.5 Billion |
| Compound Annual Growth Rate | 14.9% |
| Regions Covered | Global |
