Frequently Asked Questions
The market is segmented based on Segmentation, By Propulsion Type (Chemical Propulsion, Non-Chemical Propulsion, Tether Propulsion, Nuclear Propulsion, and Laser Propulsion), System Component (Nozzle, Power Processing Unit, Propellant Feed System, Rocket Motors, Thermal Control System, and Thrusters), Support Services (Design, Engineering and Operation, Fueling and Launch Support, and Hot Firing, and Environmental Test Execution), Orbit (Beyond Geosynchronous Orbit, Geosynchronous Orbit, Low Earth Orbit, and Medium Earth Orbit), Platform (Capsule/Cargo, Interplanetary Spacecraft and Probes, Launch Vehicles, and Satellite), End-User (Commercial, Satellite Operators and Owners, Space Launch Service Providers, Government and Defense, Department of Defense, National Space Agencies, and Others) - Industry Trends and Forecast to 2031.
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The Global Space Propulsion Market size was valued at USD 9.60 USD Billion in 2023.
The Global Space Propulsion Market is projected to grow at a CAGR of 14.01% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
