宇宙推進市場 – 2030年までの世界予測

Space Propulsion Market - Global Forecast To 2030

宇宙推進市場 - 推進タイプ(固体、液体、電気、太陽光、ハイブリッド)、コンポーネント(二元推進スラスタ、ホール効果スラスタ、ロケットモーター)、プラットフォーム(衛星、打ち上げロケット)、エンドユーザー、サービスおよび地域別 - 2030年までの世界予測
Space Propulsion Market by Propulsion Type (Solid, Liquid, Electric, Solar, Hybrid), Component (Bipropellant Thruster, Hall-Effect Thruster, Rocket Motor), Platform (Satellite, Launch Vehicle), End User, Services and Region - Global forecast to 2030

商品番号 : SMB-14031

出版社MarketsandMarkets
出版年月2025年2月
ページ数300
図表数352
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Space Propulsion market is estimated in terms of market size to be USD 10.21 billion in 2024 to USD  20.02 billion by 2030,  at a CAGR of 11.9%.

宇宙推進市場は、市場規模が2024年には102億1,000万米ドル、2030年には200億2,000万米ドルに達し、年平均成長率(CAGR)は11.9%になると推定されています。

The drivers for Space Propulsion include advancements in propulsion technology, rising deployment of launch vehicles, and expansion of government and defense initiatives. Commercial space sector expansion is driven by increasing need for high-speed internet services, broadcasting, lunar exploration which have an important effect on Space Propulsion demand. Growing environmental regulations and a high emphasis on the sustainable space operations are shaping the industry’s demand towards better propulsion systems.

宇宙推進の原動力には、推進技術の進歩、打ち上げロケットの配備の増加、政府および防衛イニシアチブの拡大などがあります。商業宇宙部門の拡大は、宇宙推進の需要に重要な影響を与える高速インターネットサービス、放送、月探査のニーズの高まりによって推進されています。環境規制の強化と持続可能な宇宙活動への重点化により、より優れた推進システムに対する業界の需要が形成されています。

宇宙推進市場 - 2030年までの世界予測
space-propulsion-market

“The Satellite platform will account for the 2nd largest market share in the Space Propulsion market  during the forecast period.”

The Satellite platform in Space Propulsion market is expected to account for 2nd highest market share during the forecast period. Satellite platform propulsion is experiencing phenomenal growth in business due to the increasing demand for satellite services, the proliferation of satellite mega-constellations, and better propulsion technology which improves satellite performance and longevity. Having taken upon themselves the deployment of thousands of satellites into LEO and beyond, companies such as SpaceX, OneWeb, Amazon’s Project Kuiper, and so on, rely heavily on these satellites to provide services for communications, Earth observation, navigation, and defense. The demand for small satellite and CubeSat launch missions keeps increasing, thereby promoting the development of miniaturized propulsion systems that allow for precision maneuvering in the least amount of fuel-consumption. The increased commercialization of space, cost-effective launch methodologies, and reusable rocket technologies boost the satellite deployment and the increasing demand for novel propulsion solutions.

“The Commercial segment will account for the largest market share in the Space Propulsion market  during the forecast period.”

The Commercial segment in Space Propulsion market is expected to grow at highest CAGR during the forecast period. Commercial users are rapidly opening up in the market for space propulsion. The infringing market dimensions are burgeoning with the need for satellite-client applications, more private-sector investment, and technology development for cost-effective propulsion. As companies like SpaceX, Amazon, and OneWeb, as developing thousands of satellites to be deployed into low Earth orbit (LEO) within the next couple of years for broadband coverage, navigation, Earth observation, and the Internet of Things, the satellites also need efficient propulsion systems for station-keeping, deorbiting, and orbital maneuvering, while mostly electric propulsion and chemical propulsion.

The reason attributed to this increasing affordability in entering into space is due to the reduced price for accessing an outer space facility. Reusable launch vehicles such as Falcon 9 offered by SpaceX and Rocket Lab’s Electron also opened doors to more commercial users to farm on the space market. Also, private space companies are investing significantly in next-generation propulsion solutions, such as Hall-effect thrusters, ion propulsion, and hybrid propulsion, to improve mission flexibility and reduce operational expenses. Among other things speeding up demand for propulsion systems are commercial space tourism, lunar exploration, and deep-space mining ventures on a feasibility study level, partnered with NASA partnerships with private firms along with regulatory reforms-greater government initiatives to support commercial space developments. With competition gearing up, these commercial players, working on huge advancements in propulsion, have made space more commercially attractive and accessible.

“The Asia Pacific market is estimated to lead the market.”

The Asia Pacific Space Propulsion market is expected to account for 2nd highest marjet share during the forecast period of 2024–2030. The space propulsion business in Asia-Pacific is thriving very fast owing to numerous government investments, commercial space ventures, and evolving country-specific propulsion technologies. China, India, Japan, and South Korea are heavily investing in their space programs involving satellite deployment, deep-space exploration, and defense applications.

宇宙推進市場 - 2030年までの世界予測 region
space-propulsion-market-region

The space propulsion business is flourishing rapidly in the Asia-Pacific region because of the rising investments made by governments, the expansion of commercial space endeavors, and the evolution of indigenous propulsion technologies. Countries like China, India, Japan, and South Korea are seriously investing in their space programs focusing on satellite deployment, deep-space exploration, and defense applications. CNSA, China’s space agency, is developing advanced propulsion systems for lunar and Mars missions, while commercial entities like CASC and iSpace are making strides in reusable rocket technology. On the other hand, India through ISRO is equipping itself with cryogenic, semi-cryogenic, and electric propulsion technologies to expand its propulsion capabilities into its ambitious space programs such as the Gaganyaan crewed mission and planetary exploratory initiatives.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type: Tier 1–35%; Tier 2–45%; and Tier 3–20%
  • By Designation: C Level–35%; Directors–25%; and Others–40%
  • By Region: North America–20%; Europe–25%; Asia Pacific–35%; Middle East–10%; RoW–10%

Northrop Grumman (US), Safran SA (France), SpaceX (US), L3Harris Technologies, Inc. (US), and IHI Corporation (Japan) are some of the leading players operating in the Space Propulsion market.

宇宙推進市場 - 2030年までの世界予測 ecosystem
space-propulsion-market-ecosystem

Research Coverage

The study covers the Space Propulsion market across various segments and subsegments. It aims to estimate the size and growth potential of this market across different segments based on propulsion, capacity, operation, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their solutions and business offerings, recent developments undertaken by them, and key market strategies adopted by them.

Key benefits of buying this report:

This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Space Propulsion market and its subsegments. The report covers the entire ecosystem of the Space Propulsion market. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers and factors, such as increasing launch of satellites for communication and earth observation services, increase in public-private partnerships for development of Space Propulsion could contribute to an increase in the Space Propulsion market.
  • Product Development: In-depth analysis of product innovation/development by companies across various region.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the Space Propulsion market across varied regions.
  • Market Diversification: Exhaustive information about new solutions, untapped geographies, recent developments, and investments in Space Propulsion market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Northrop Grumman (US), Safran SA (France), SpaceX (US), L3Harris Technologies, Inc. (US), and IHI Corporation (Japan) among others in the Space Propulsion market.

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      27

1.3.2        INCLUSIONS AND EXCLUSIONS 27

1.3.3        YEARS CONSIDERED      28

1.4           CURRENCY CONSIDERED            28

1.5           STAKEHOLDERS               29

1.6           SUMMARY OF CHANGES               29

2               RESEARCH METHODOLOGY       30

2.1           RESEARCH DATA              30

2.1.1        SECONDARY DATA          31

2.1.1.1    Key data from secondary sources       32

2.1.2        PRIMARY DATA 32

2.1.2.1    Primary sources    32

2.1.2.2    Key data from primary sources           33

2.1.2.3    Breakdown of primary interviews      33

2.2           FACTOR ANALYSIS          34

2.2.1        INTRODUCTION              34

2.2.2        DEMAND-SIDE INDICATORS      34

2.2.3        SUPPLY-SIDE INDICATORS          34

2.3           MARKET SIZE ESTIMATION         35

2.3.1        BOTTOM-UP APPROACH              35

2.3.2        TOP-DOWN APPROACH                36

2.4           DATA TRIANGULATION                37

2.5           RESEARCH ASSUMPTIONS           38

2.6           RESEARCH LIMITATIONS             39

2.7           RISK ASSESSMENT           39

3               EXECUTIVE SUMMARY  40

4               PREMIUM INSIGHTS       44

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SPACE PROPULSION MARKET  44

4.2           SPACE PROPULSION MARKET, BY PLATFORM    44

4.3           SPACE PROPULSION MARKET, BY COMPONENT                 45

4.4           SPACE PROPULSION MARKET, BY END USER      45

4.5           SPACE PROPULSION MARKET, BY TYPE 46

4.6           SPACE PROPULSION MARKET, BY COUNTRY      46

5               MARKET OVERVIEW       47

5.1           INTRODUCTION              47

5.2           MARKET DYNAMICS       47

5.2.1        DRIVERS               48

5.2.1.1    Growing deployment of satellites      48

5.2.1.2    Advancements in propulsion technologies       48

5.2.1.3    Expansion of deep-space missions     50

5.2.1.4    Need for advanced propellants for long-duration missions                 50

5.2.2        RESTRAINTS      50

5.2.2.1    High development and manufacturing costs   50

5.2.2.2    Stringent regulatory and safety standards        51

5.2.3        OPPORTUNITIES              51

5.2.3.1    Increased government investments in space programs  51

5.2.3.2    Emergence of nuclear thermal and nuclear electric propulsion                 52

5.2.3.3    Proliferation of LEO constellations   53

5.2.3.4    Surge in demand for reusable launch vehicles 53

5.2.4        CHALLENGES    53

5.2.4.1    Supply chain disruptions     53

5.2.4.2    Rise of space debris              54

5.3           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            54

5.4           PRICING ANALYSIS          55

5.4.1        AVERAGE SELLING PRICE TREND OF SATELLITES, BY REGION                55

5.4.2        INDICATIVE PRICING ANALYSIS, BY SATELLITE TYPE                 56

5.4.3        INDICATIVE PRICING ANALYSIS, BY LAUNCH VEHICLE                 56

5.5           VALUE CHAIN ANALYSIS               57

5.6           ECOSYSTEM ANALYSIS  58

5.6.1        PROMINENT COMPANIES            58

5.6.2        PRIVATE AND SMALL ENTERPRISES        58

5.6.3        END USERS         58

5.7           TECHNOLOGY ANALYSIS             60

5.7.1        KEY TECHNOLOGIES     60

5.7.1.1    Electric propulsion systems 60

5.7.1.2    Solar sails               60

5.7.1.3    Ion propulsion       60

5.7.2        COMPLEMENTARY TECHNOLOGIES       61

5.7.2.1    Heat management systems 61

5.7.2.2    Advanced propellant management    61

5.7.3        ADJACENT TECHNOLOGIES       61

5.7.3.1    Magnetoplasmadynamic thrusters     61

5.7.3.2    Autonomous propulsion      61

5.8           REGULATORY LANDSCAPE         62

5.9           TRADE ANALYSIS             65

5.10         KEY STAKEHOLDERS AND BUYING CRITERIA     67

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           67

5.10.2      BUYING CRITERIA           68

5.11         USE CASE ANALYSIS        69

5.11.1      NANOAVIONICS LAUNCHES WORLD’S FIRST LIQUID CHEMICAL PROPULSION-PROPELLED CUBESAT INTO ORBIT                 69

5.11.2      NASA PROCURES ADDITIONAL RS-25 ENGINES TO SUPPORT FUTURE ARTEMIS MISSIONS 69

5.11.3      PHASEFOUR DEVELOPS AIR-BREATHING ELECTRIC PROPULSION SYSTEM FOR VLEO OPERATIONS 70

5.12         KEY CONFERENCES AND EVENTS, 2025  70

5.13         INVESTMENT AND FUNDING SCENARIO               71

5.14         MACROECONOMIC OUTLOOK  72

5.14.1      INTRODUCTION              72

5.14.2      NORTH AMERICA             72

5.14.3      EUROPE               72

5.14.4      ASIA PACIFIC     73

5.14.5      MIDDLE EAST   73

5.14.6      LATIN AMERICA                73

5.14.7      AFRICA 73

5.15         BUSINESS MODELS         74

5.16         TECHNOLOGY ROADMAP            75

5.17         PROPULSION MAPPING OF SATELLITE CONSTELLATIONS          76

5.18         BILL OF MATERIALS       77

5.19         TOTAL COST OF OWNERSHIP   78

5.20         IMPACT OF GENERATIVE AI       81

5.20.1      INTRODUCTION              81

5.20.2      ADOPTION OF AI IN SPACE BY TOP COUNTRIES                 82

5.20.3      IMPACT OF AI ON SPACE INDUSTRY       83

5.20.4      IMPACT OF AI ON SPACE PROPULSION MARKET                 84

5.21         OPERATIONAL DATA     85

5.22         VOLUME DATA 85

6               INDUSTRY TRENDS         86

6.1           INTRODUCTION              86

6.2           TECHNOLOGY TRENDS                86

6.2.1        HYBRID PROPULSION   86

6.2.2        NUCLEAR THERMAL PROPULSION AND NUCLEAR ELECTRIC PROPULSION               87

6.2.3        MICRO AND NANO PROPULSION              87

6.2.4        PLASMA PROPULSION   87

6.2.5        ADVANCED ELECTRIC THRUSTER           88

6.2.6        GREEN PROPULSION     88

6.3           IMPACT OF MEGA TRENDS         90

6.3.1        SPACE 4.0             90

6.3.2        ARTIFICIAL INTELLIGENCE        90

6.3.3        ADDITIVE MANUFACTURING    91

6.4           SUPPLY CHAIN ANALYSIS             91

6.5           PATENT ANALYSIS          93

7               SPACE PROPULSION MARKET, BY TYPE 97

7.1           INTRODUCTION              98

7.2           CHEMICAL PROPULSION              99

7.2.1        HIGH THRUST REQUIREMENT OF LAUNCH VEHICLES TO DRIVE MARKET         99

7.2.2        SOLID   100

7.2.2.1    Homogenous         100

7.2.2.2    Heterogenous/Composite   100

7.2.3        LIQUID 101

7.2.3.1    Monopropellant    101

7.2.3.1.1 Non-green              101

7.2.3.1.2 Green     102

7.2.3.2    Bipropellant           102

7.2.3.2.1 Cryogenic               103

7.2.3.2.2 Hypergolic             103

7.2.3.3    Hybrid    104

7.2.3.4    Cold gas 104

7.3           NON-CHEMICAL PROPULSION  105

7.3.1        LONGER OPERATIONAL DURATIONS TO DRIVE MARKET               105

7.3.2        ELECTRIC/ION PROPULSION     106

7.3.2.1    Electrothermal      107

7.3.2.1.1 Argon     107

7.3.2.1.2 Hydrogen               107

7.3.2.1.3 Others    108

7.3.2.2    Electromagnetic    108

7.3.2.2.1 PTFE      108

7.3.2.3    Electrostatic           109

7.3.2.3.1 Xenon     109

7.3.2.3.2 Krypton  109

7.3.2.3.3 Others    110

7.3.3        SOLAR PROPULSION      110

7.3.3.1    Solar sail propulsion             110

7.3.3.2    Solar electric propulsion      111

7.3.3.3    Solar thermal propulsion     111

7.3.4        TETHER PROPULSION  112

7.3.5        NUCLEAR PROPULSION                112

8               SPACE PROPULSION MARKET, BY PLATFORM    113

8.1           INTRODUCTION              114

8.2           SATELLITES       115

8.2.1        ONGOING EXPANSION OF COMMERCIAL SATELLITE FLEETS TO DRIVE MARKET         115

8.2.2        SMALL SATELLITES        116

8.2.2.1    Nanosatellites        117

8.2.2.2    Microsatellites       117

8.2.2.3    Minisatellites         117

8.2.2.4    Cube satellites       118

8.2.2.5    501 to 1,000 KGS 118

8.2.3        MEDIUM SATELLITES    118

8.2.4        LARGE SATELLITES        118

8.3           CAPSULES/CARGO          119

8.3.1        GROWING FREQUENCY OF SPACE MISSIONS TO DRIVE MARKET               119

8.3.2        CREWED SPACECRAFT  119

8.3.3        UNCREWED SPACECRAFT            120

8.4           INTERPLANETARY SPACECRAFT & PROBES         120

8.4.1        HIGH DEMAND FOR PRECISION MANEUVERING TO DRIVE MARKET 120

8.5           ROVERS/SPACECRAFT LANDERS               120

8.5.1        GOVERNMENT AND PRIVATE SECTOR INVESTMENTS IN DEEP-SPACE EXPLORATION TO DRIVE MARKET         120

8.6           LAUNCH VEHICLES         121

8.6.1        FOCUS ON REUSABILITY TO DRIVE MARKET      121

8.6.2        SMALL LAUNCH VEHICLES          121

8.6.3        MEDIUM-TO-HEAVY LAUNCH VEHICLES              122

8.6.4        REUSABLE LAUNCH VEHICLES  122

9               SPACE PROPULSION MARKET, BY COMPONENT                 123

9.1           INTRODUCTION              124

9.2           THRUSTERS        125

9.2.1        REDUCED PROPELLANT CONSUMPTION BY ELECTRIC ALTERNATIVES TO DRIVE MARKET         125

9.2.2        CHEMICAL PROPULSION THRUSTERS    126

9.2.2.1    Cold & warm gas thrusters  127

9.2.2.2    Monopropellant thrusters   127

9.2.2.3    Bipropellant thrusters          127

9.2.3        ELECTRIC PROPULSION THRUSTERS     127

9.2.3.1    Ion thrusters          127

9.2.3.2    Hall-effect thrusters             128

9.2.3.3    Pulsed plasma thrusters       128

9.2.3.4    Magnetoplasmadynamic thrusters     128

9.3           PROPELLANT FEED SYSTEMS    128

9.3.1        ELEVATED DEMAND FOR LONGER AND COMPLEX SPACE MISSIONS TO DRIVE MARKET      128

9.3.2        PROPELLANT TANKS     129

9.3.2.1    Monopropellant tanks          129

9.3.2.2    Bipropellant tanks                 130

9.3.2.3    Oxidizer tanks       130

9.3.3        PRESSURE & FLOW REGULATORS             130

9.3.4        VALVES 130

9.3.5        TURBOPUMPS  130

9.3.6        COMBUSTION CHAMBERS           130

9.4           ROCKET MOTORS            131

9.4.1        RISE OF SPACECRAFT LAUNCHES AND ORBITAL MANEUVERS TO DRIVE MARKET               131

9.5           NOZZLES             131

9.5.1        INNOVATIONS IN DESIGN AND MANUFACTURING TECHNIQUES TO DRIVE MARKET             131

9.6           PROPULSION THERMAL CONTROL         131

9.6.1        NEED FOR HEAT MANAGEMENT IN SPACECRAFT TO DRIVE MARKET 131

9.7           POWER PROCESSING UNITS       132

9.7.1        EXTENSIVE USE OF ELECTRIC PROPULSION FOR LONG-DURATION MISSIONS TO DRIVE MARKET            132

9.8           OTHER COMPONENTS  132

10            SPACE PROPULSION MARKET, BY END USER      133

10.1         INTRODUCTION              134

10.2         COMMERCIAL   135

10.2.1      INCREASING INVESTMENTS IN HIGH-PERFORMANCE PROPULSION TECHNOLOGIES FROM PRIVATE SECTOR COMPANIES TO DRIVE MARKET                135

10.2.2      SATELLITE OPERATORS & OWNERS        135

10.2.3      SPACE LAUNCH SERVICE PROVIDERS    135

10.3         GOVERNMENT & DEFENSE         136

10.3.1      RISING SPACE EXPLORATION AND SCIENTIFIC MISSIONS TO DRIVE MARKET    136

10.3.2      DEPARTMENT OF DEFENSE       136

10.3.3      NATIONAL SPACE AGENCIES     136

10.3.4      OTHERS                137

11            SPACE PROPULSION MARKET, BY SUPPORT SERVICE                 138

11.1         INTRODUCTION              139

11.2         DESIGN, ENGINEERING, OPERATION, AND MAINTENANCE 140

11.3         HOT FIRING AND ENVIRONMENTAL TEST EXECUTION                 140

11.4         FUELING, LAUNCH, AND GROUND SUPPORT     141

12            SPACE PROPULSION MARKET, BY REGION           143

12.1         INTRODUCTION              144

12.2         NORTH AMERICA             145

12.2.1      PESTLE ANALYSIS            146

12.2.2      US           149

12.2.2.1  Rising investments in nuclear propulsion and autonomous

navigation technologies to drive market           149

12.2.3      CANADA               151

12.2.3.1  Strategic government support to drive market                 151

12.3         EUROPE               153

12.3.1      PESTLE ANALYSIS            153

12.3.2      RUSSIA 157

12.3.2.1  Focus on reducing space debris to drive market              157

12.3.3      UK          159

12.3.3.1  Surge in satellite launches to drive market       159

12.3.4      GERMANY           161

12.3.4.1  Ongoing research and development of advanced space

solutions to drive market     161

12.3.5      FRANCE                163

12.3.5.1  Significant presence of prominent players to drive market                 163

12.3.6      ITALY    165

12.3.6.1  Growing commercial space industry to drive market      165

12.4         ASIA PACIFIC     167

12.4.1      PESTLE ANALYSIS            167

12.4.2      CHINA  171

12.4.2.1  Commitment to reducing carbon footprint in space to drive market    171

12.4.3      JAPAN   173

12.4.3.1  Support from government agencies to drive market       173

12.4.4      INDIA    175

12.4.4.1  Development of cost-effective and high-performance propulsion technologies to drive market               175

12.4.5      SOUTH KOREA  177

12.4.5.1  Substantial investments in space programs to drive market                 177

12.4.6      AUSTRALIA         179

12.4.6.1  Rising inclination toward electric propulsion to drive market                 179

12.5         MIDDLE EAST   181

12.5.1      PESTLE ANALYSIS            181

12.5.2      GCC       185

12.5.2.1  Saudi Arabia          185

12.5.2.1.1                Ongoing advancements in propulsion solutions

to drive market      185

12.5.2.2  UAE        187

12.5.2.2.1                Increasing investments in green propulsion

technologies to drive market               187

12.5.3      REST OF MIDDLE EAST 189

12.6         REST OF THE WORLD    191

12.6.1      PESTLE ANALYSIS            191

12.6.2      LATIN AMERICA                196

12.6.2.1  Emphasis on strengthening national space capabilities

to drive market      196

12.6.3      AFRICA 198

12.6.3.1  Collaborations with international space agencies to drive market                 198

13            COMPETITIVE LANDSCAPE         200

13.1         INTRODUCTION              200

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 200

13.3         REVENUE ANALYSIS, 2020–2023  203

13.4         MARKET SHARE ANALYSIS, 2023                 204

13.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 206

13.5.1      STARS   206

13.5.2      EMERGING LEADERS     206

13.5.3      PERVASIVE PLAYERS      206

13.5.4      PARTICIPANTS 207

13.5.5      COMPANY FOOTPRINT 208

13.5.5.1  Company footprint               208

13.5.5.2  End user footprint                 209

13.5.5.3  Propulsion footprint             210

13.5.5.4  Platform footprint                 211

13.5.5.5  Region footprint   212

13.6         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024        213

13.6.1      PROGRESSIVE COMPANIES         213

13.6.2      RESPONSIVE COMPANIES            213

13.6.3      DYNAMIC COMPANIES  213

13.6.4      STARTING BLOCKS         213

13.6.5      COMPETITIVE BENCHMARKING               215

13.6.5.1  List of start-ups/SMEs        215

13.6.5.2  Competitive benchmarking of start-ups/SMEs               216

13.7         BRAND/PRODUCT COMPARISON             217

13.8         COMPANY VALUATION AND FINANCIAL METRICS                 218

13.9         COMPETITIVE SCENARIO             219

13.9.1      PRODUCT LAUNCHES   219

13.9.2      DEALS  220

13.9.3      OTHERS                224

14            COMPANY PROFILES      232

14.1         KEY PLAYERS     232

14.1.1      SAFRAN                232

14.1.1.1  Business overview 232

14.1.1.2  Products offered   233

14.1.1.3  Recent developments           236

14.1.1.3.1                Deals      236

14.1.1.3.2                Others    236

14.1.1.4  MnM view              237

14.1.1.4.1                Key strengths        237

14.1.1.4.2                Strategic choices   237

14.1.1.4.3                Weaknesses and competitive threats 237

14.1.2      IHI CORPORATION          238

14.1.2.1  Business overview 238

14.1.2.2  Products offered   239

14.1.2.3  Recent developments           240

14.1.2.3.1                Deals      240

14.1.2.4  MnM view              241

14.1.2.4.1                Key strengths        241

14.1.2.4.2                Strategic choices   241

14.1.2.4.3                Weaknesses and competitive threats 241

14.1.3      SPACEX 242

14.1.3.1  Business overview 242

14.1.3.2  Products offered   242

14.1.3.3  Recent developments           243

14.1.3.3.1                Deals      243

14.1.3.3.2                Others    244

14.1.3.4  MnM view              245

14.1.3.4.1                Key strengths        245

14.1.3.4.2                Strategic choices   245

14.1.3.4.3                Weaknesses and competitive threats 245

14.1.4      NORTHROP GRUMMAN                 246

14.1.4.1  Business overview 246

14.1.4.2  Products offered   247

14.1.4.3  Recent developments           249

14.1.4.3.1                Product launches  249

14.1.4.3.2                Others    250

14.1.4.4  MnM view              250

14.1.4.4.1                Key strengths        250

14.1.4.4.2                Strategic choices   250

14.1.4.4.3                Weaknesses and competitive threats 251

14.1.5      L3HARRIS TECHNOLOGIES, INC.               252

14.1.5.1  Business overview 252

14.1.5.2  Products offered   253

14.1.5.3  Recent developments           254

14.1.5.3.1                Deals      254

14.1.5.3.2                Others    255

14.1.5.4  MnM view              255

14.1.5.4.1                Key strengths        255

14.1.5.4.2                Strategic choices   255

14.1.5.4.3                Weaknesses and competitive threats 255

14.1.6      MOOG INC.         256

14.1.6.1  Business overview 256

14.1.6.2  Products offered   257

14.1.6.3  Recent developments           259

14.1.6.3.1                Deals      259

14.1.6.3.2                Others    260

14.1.7      RAFAEL ADVANCED DEFENSE SYSTEMS LTD.     261

14.1.7.1  Business overview 261

14.1.7.2  Products offered   261

14.1.8      LOCKHEED MARTIN CORPORATION      263

14.1.8.1  Business overview 263

14.1.8.2  Products offered   264

14.1.8.3  Recent developments           264

14.1.8.3.1                Deals      264

14.1.8.3.2                Others    264

14.1.9      THALES                267

14.1.9.1  Business overview 267

14.1.9.2  Products offered   268

14.1.9.3  Recent developments           269

14.1.9.3.1                Deals      269

14.1.9.3.2                Others    269

14.1.10   OHB SE 271

14.1.10.1                 Business overview 271

14.1.10.2                 Products offered   272

14.1.10.3                 Recent developments           273

14.1.10.3.1             Product launches  273

14.1.10.3.2             Deals      273

14.1.10.3.3             Others    274

14.1.11   SIERRA NEVADA CORPORATION               275

14.1.11.1                 Business overview 275

14.1.11.2                 Products offered   275

14.1.11.3                 Recent developments           276

14.1.11.3.1             Product launches  276

14.1.11.3.2             Others    276

14.1.12   AIRBUS 277

14.1.12.1                 Business overview 277

14.1.12.2                 Products offered   278

14.1.12.3                 Recent developments           278

14.1.12.3.1             Deals      278

14.1.12.3.2             Others    278

14.1.13   VACCO INDUSTRIES       280

14.1.13.1                 Business overview 280

14.1.13.2                 Products offered   280

14.1.14   BLUE ORIGIN    282

14.1.14.1                 Business overview 282

14.1.14.2                 Products offered   282

14.1.14.3                 Recent developments           283

14.1.14.3.1             Product launches  283

14.1.14.3.2             Deals      283

14.1.14.3.3             Others    283

14.1.15   EATON 285

14.1.15.1                 Business overview 285

14.1.15.2                 Products offered   286

14.1.15.3                 Recent developments           287

14.1.15.3.1             Deals      287

14.1.15.3.2             Others    287

14.2         OTHER PLAYERS              288

14.2.1      THRUSTME         288

14.2.2      URSA MAJOR TECHNOLOGIES INC           288

14.2.3      PHASEFOUR       289

14.2.4      EXOTRAIL           290

14.2.5      DAWN AEROSPACE         290

14.2.6      AST ADVANCED SPACE TECHNOLOGIES GMBH                 291

14.2.7      STANFORD MU CORPORATION 291

14.2.8      MANASTU SPACE TECHNOLOGIES PRIVATE LIMITED                 292

14.2.9      KREIOS SPACE   293

14.2.10   FIREFLY AEROSPACE      293

15            APPENDIX           294

15.1         DISCUSSION GUIDE        294

15.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                296

15.3         CUSTOMIZATION OPTIONS        298

15.4         RELATED REPORTS         298

15.5         AUTHOR DETAILS           299

LIST OF TABLES

TABLE 1                INCLUSIONS AND EXCLUSIONS 27

TABLE 2                USD EXCHANGE RATES 28

TABLE 3                ADVANCED TECHNOLOGIES USED IN SPACE PROPULSION SYSTEMS 49

TABLE 4                AVERAGE SELLING PRICE OF SATELLITES, BY REGION, 2020–2023 (USD MILLION)          55

TABLE 5                INDICATIVE PRICING ANALYSIS, BY SATELLITE TYPE (USD MILLION)     56

TABLE 6                INDICATIVE PRICING ANALYSIS, BY LAUNCH VEHICLE (USD MILLION)              57

TABLE 7                ROLE OF COMPANIES IN ECOSYSTEM    59

TABLE 8                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  62

TABLE 9                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  62

TABLE 10              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  63

TABLE 11              MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 64

TABLE 12              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 64

TABLE 13              IMPORT DATA FOR HS CODE 880260, BY COUNTRY,

2019–2023 (USD THOUSAND)      65

TABLE 14              EXPORT DATA FOR HS CODE 880260, BY COUNTRY,

2019–2023 (USD THOUSAND)      66

TABLE 15              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF

TOP THREE PLATFORMS (%)     67

TABLE 16              KEY BUYING CRITERIA FOR TOP THREE PLATFORMS       68

TABLE 17              KEY CONFERENCES AND EVENTS, 2025  70

TABLE 18              COMPARISON BETWEEN BUSINESS MODELS                 74

TABLE 19              PROPULSION MAPPING OF SATELLITE CONSTELLATIONS          76

TABLE 20              BILL OF MATERIALS FOR SPACE PROPULSION SYSTEMS              77

TABLE 21              BREAKDOWN OF TOTAL COST OF OWNERSHIP OF SATELLITES 79

TABLE 22              TOTAL COST OF OWNERSHIP OF SATELLITES (USD MILLION) 80

TABLE 23              TOTAL COST OF OWNERSHIP OF LAUNCH VEHICLES (USD MILLION)           80

TABLE 24              OPERATIONAL DATA OF SPACE PROPULSION MARKET, 2020–2023 (UNITS)       85

TABLE 25              VOLUME DATA OF SPACE PROPULSION MARKET, 2024–2030 (UNITS)       85

TABLE 26              TYPES OF PLASMA PROPULSION TECHNOLOGIES               88

TABLE 27              COST COMPARISON OF GREEN PROPELLANT TECHNOLOGIES               89

TABLE 28              COMPARATIVE PROPERTIES OF GREEN PROPELLANTS  89

TABLE 29              PATENT ANALYSIS          94

TABLE 30              SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)       98

TABLE 31              SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)       98

TABLE 32              CHEMICAL: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)                99

TABLE 33              CHEMICAL: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)                99

TABLE 34              NON-CHEMICAL: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            105

TABLE 35              NON-CHEMICAL: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            106

TABLE 36              ELECTRIC/ION: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            106

TABLE 37              ELECTRIC/ION: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            106

TABLE 38              SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)            114

TABLE 39              SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)            115

TABLE 40              SATELLITES: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            115

TABLE 41              SATELLITES: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            116

TABLE 42              SMALL SATELLITES: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            116

TABLE 43              SMALL SATELLITES: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            117

TABLE 44              CAPSULES/CARGO: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            119

TABLE 45              CAPSULES/CARGO: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            119

TABLE 46              LAUNCH VEHICLES: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            121

TABLE 47              LAUNCH VEHICLES: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            121

TABLE 48             SPACE PROPULSION MARKET, BY COMPONENT, 2020–2023 (USD MILLION)            124

TABLE 49             SPACE PROPULSION MARKET, BY COMPONENT, 2024–2030 (USD MILLION)            125

TABLE 50              THRUSTERS: SPACE PROPULSION MARKET, BY COMPONENT,

2020–2023 (USD MILLION)            125

TABLE 51              THRUSTERS: SPACE PROPULSION MARKET, BY COMPONENT,

2024–2030 (USD MILLION)            126

TABLE 52              CHEMICAL PROPULSION THRUSTERS: SPACE PROPULSION MARKET,

BY COMPONENT, 2020–2023 (USD MILLION)        126

TABLE 53              CHEMICAL PROPULSION THRUSTERS: SPACE PROPULSION MARKET,

BY COMPONENT, 2024–2030 (USD MILLION)        126

TABLE 54              PROPELLANT FEED SYSTEMS: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)            129

TABLE 55              PROPELLANT FEED SYSTEMS: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)            129

TABLE 56              SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)            134

TABLE 57              SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)            134

TABLE 58              SPACE PROPULSION MARKET, BY SUPPORT SERVICE, 2020–2023 (USD MILLION)         139

TABLE 59              SPACE PROPULSION MARKET, BY SUPPORT SERVICE, 2024–2030 (USD MILLION)         140

TABLE 60              SPACE PROPULSION MARKET, BY REGION, 2020–2023 (USD MILLION)       144

TABLE 61              SPACE PROPULSION MARKET, BY REGION, 2024–2030 (USD MILLION)       145

TABLE 62              NORTH AMERICA: SPACE PROPULSION MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            147

TABLE 63              NORTH AMERICA: SPACE PROPULSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            147

TABLE 64              NORTH AMERICA: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            148

TABLE 65              NORTH AMERICA: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            148

TABLE 66              NORTH AMERICA: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            148

TABLE 67              NORTH AMERICA: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            148

TABLE 68              NORTH AMERICA: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            149

TABLE 69              NORTH AMERICA: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            149

TABLE 70              US: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   149

TABLE 71              US: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   150

TABLE 72              US: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            150

TABLE 73              US: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            150

TABLE 74              US: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)            150

TABLE 75              US: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)            151

TABLE 76              CANADA: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            151

TABLE 77              CANADA: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            152

TABLE 78              CANADA: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)                152

TABLE 79              CANADA: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)                152

TABLE 80              CANADA: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                152

TABLE 81              CANADA: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                153

TABLE 82              EUROPE: SPACE PROPULSION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     155

TABLE 83              EUROPE: SPACE PROPULSION MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     156

TABLE 84              EUROPE: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            156

TABLE 85              EUROPE: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            156

TABLE 86              EUROPE: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)                156

TABLE 87              EUROPE: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)                157

TABLE 88              EUROPE: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                157

TABLE 89              EUROPE: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                157

TABLE 90              RUSSIA: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   158

TABLE 91              RUSSIA: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   158

TABLE 92              RUSSIA: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            158

TABLE 93              RUSSIA: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            158

TABLE 94              RUSSIA: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                159

TABLE 95              RUSSIA: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                159

TABLE 96              UK: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   159

TABLE 97              UK: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   160

TABLE 98              UK: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            160

TABLE 99              UK: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            160

TABLE 100          UK: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)            160

TABLE 101          UK: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)            161

TABLE 102            GERMANY: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            161

TABLE 103            GERMANY: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            162

TABLE 104            GERMANY: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)                162

TABLE 105            GERMANY: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)                162

TABLE 106            GERMANY: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            162

TABLE 107            GERMANY: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)          163

TABLE 108            FRANCE: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            163

TABLE 109            FRANCE: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            164

TABLE 110            FRANCE: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)                164

TABLE 111            FRANCE: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)                164

TABLE 112            FRANCE: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                164

TABLE 113            FRANCE: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                165

TABLE 114            ITALY: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   165

TABLE 115            ITALY: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   165

TABLE 116            ITALY: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            166

TABLE 117            ITALY: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            166

TABLE 118            ITALY: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                166

TABLE 119            ITALY: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                166

TABLE 120            ASIA PACIFIC: SPACE PROPULSION MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            169

TABLE 121            ASIA PACIFIC: SPACE PROPULSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            170

TABLE 122            ASIA PACIFIC: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            170

TABLE 123            ASIA PACIFIC: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            170

TABLE 124            ASIA PACIFIC: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)                170

TABLE 125            ASIA PACIFIC: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)                171

TABLE 126            ASIA PACIFIC: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            171

TABLE 127            ASIA PACIFIC: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            171

TABLE 128            CHINA: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   172

TABLE 129            CHINA: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   172

TABLE 130            CHINA: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            172

TABLE 131            CHINA: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            172

TABLE 132            CHINA: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                173

TABLE 133            CHINA: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                173

TABLE 134            JAPAN: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   173

TABLE 135            JAPAN: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   174

TABLE 136            JAPAN: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            174

TABLE 137            JAPAN: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            174

TABLE 138            JAPAN: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                174

TABLE 139            JAPAN: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                175

TABLE 140            INDIA: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   175

TABLE 141            INDIA: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   176

TABLE 142            INDIA: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            176

TABLE 143            INDIA: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            176

TABLE 144            INDIA: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                176

TABLE 145            INDIA: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                177

TABLE 146            SOUTH KOREA: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            177

TABLE 147            SOUTH KOREA: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            178

TABLE 148            SOUTH KOREA: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            178

TABLE 149            SOUTH KOREA: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            178

TABLE 150            SOUTH KOREA: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            178

TABLE 151            SOUTH KOREA: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            179

TABLE 152            AUSTRALIA: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            179

TABLE 153            AUSTRALIA: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            180

TABLE 154            AUSTRALIA: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)                180

TABLE 155            AUSTRALIA: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)                180

TABLE 156            AUSTRALIA: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            180

TABLE 157            AUSTRALIA: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            181

TABLE 158            MIDDLE EAST: SPACE PROPULSION MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            183

TABLE 159            MIDDLE EAST: SPACE PROPULSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            184

TABLE 160            MIDDLE EAST: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            184

TABLE 161            MIDDLE EAST: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            184

TABLE 162            MIDDLE EAST: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)         184

TABLE 163            MIDDLE EAST: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)         185

TABLE 164            MIDDLE EAST: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            185

TABLE 165            MIDDLE EAST: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            185

TABLE 166            SAUDI ARABIA: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            186

TABLE 167            SAUDI ARABIA: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            186

TABLE 168            SAUDI ARABIA: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            186

TABLE 169            SAUDI ARABIA: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            186

TABLE 170            SAUDI ARABIA: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            187

TABLE 171            SAUDI ARABIA: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            187

TABLE 172            UAE: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   187

TABLE 173            UAE: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   188

TABLE 174            UAE: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            188

TABLE 175            UAE: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            188

TABLE 176            UAE: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                188

TABLE 177            UAE: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                189

TABLE 178            REST OF MIDDLE EAST: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            189

TABLE 179            REST OF MIDDLE EAST: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            189

TABLE 180            REST OF MIDDLE EAST: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            190

TABLE 181            REST OF MIDDLE EAST: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            190

TABLE 182            REST OF MIDDLE EAST: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            190

TABLE 183            REST OF MIDDLE EAST: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            190

TABLE 184            REST OF THE WORLD: SPACE PROPULSION MARKET, BY REGION,

2020–2023 (USD MILLION)            193

TABLE 185            REST OF THE WORLD: SPACE PROPULSION MARKET, BY REGION,

2024–2030 (USD MILLION)            194

TABLE 186            REST OF THE WORLD: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            194

TABLE 187            REST OF THE WORLD: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            194

TABLE 188            REST OF THE WORLD: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            195

TABLE 189            REST OF THE WORLD: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            195

TABLE 190            REST OF THE WORLD: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            195

TABLE 191            REST OF THE WORLD: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            195

TABLE 192            LATIN AMERICA: SPACE PROPULSION MARKET, BY PLATFORM,

2020–2023 (USD MILLION)            196

TABLE 193            LATIN AMERICA: SPACE PROPULSION MARKET, BY PLATFORM,

2024–2030 (USD MILLION)            196

TABLE 194            LATIN AMERICA: SPACE PROPULSION MARKET, BY TYPE,

2020–2023 (USD MILLION)            197

TABLE 195            LATIN AMERICA: SPACE PROPULSION MARKET, BY TYPE,

2024–2030 (USD MILLION)            197

TABLE 196            LATIN AMERICA: SPACE PROPULSION MARKET, BY END USER,

2020–2023 (USD MILLION)            197

TABLE 197            LATIN AMERICA: SPACE PROPULSION MARKET, BY END USER,

2024–2030 (USD MILLION)            197

TABLE 198            AFRICA: SPACE PROPULSION MARKET, BY PLATFORM, 2020–2023 (USD MILLION)   198

TABLE 199            AFRICA: SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)   198

TABLE 200            AFRICA: SPACE PROPULSION MARKET, BY TYPE, 2020–2023 (USD MILLION)            198

TABLE 201            AFRICA: SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)            199

TABLE 202            AFRICA: SPACE PROPULSION MARKET, BY END USER, 2020–2023 (USD MILLION)                199

TABLE 203            AFRICA: SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)                199

TABLE 204            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024        200

TABLE 205            SPACE PROPULSION MARKET: DEGREE OF COMPETITION 204

TABLE 206            END USER FOOTPRINT 209

TABLE 207            TYPE FOOTPRINT            210

TABLE 208            PLATFORM FOOTPRINT               211

TABLE 209            REGION FOOTPRINT     212

TABLE 210            LIST OF START-UPS/SMES           215

TABLE 211            COMPETITIVE BENCHMARKING OF START-UPS/SMES           216

TABLE 212            SPACE PROPULSION MARKET: PRODUCT LAUNCHES, 2020–2024    219

TABLE 213            SPACE PROPULSION MARKET: DEALS, 2020–2024                 220

TABLE 214            SPACE PROPULSION MARKET: OTHERS, 2020–2024        224

TABLE 215            SAFRAN: COMPANY OVERVIEW 232

TABLE 216            SAFRAN: PRODUCTS OFFERED 233

TABLE 217            SAFRAN: DEALS                 236

TABLE 218            SAFRAN: OTHERS             236

TABLE 219            IHI CORPORATION: COMPANY OVERVIEW                 238

TABLE 220            IHI CORPORATION: PRODUCTS OFFERED                 239

TABLE 221            IHI CORPORATION: DEALS          240

TABLE 222            SPACEX: COMPANY OVERVIEW 242

TABLE 223            SPACEX: PRODUCTS OFFERED  242

TABLE 224            SPACEX: DEALS 243

TABLE 225            SPACEX: OTHERS             244

TABLE 226            NORTHROP GRUMMAN: COMPANY OVERVIEW                 246

TABLE 227            NORTHROP GRUMMAN: PRODUCTS OFFERED                 247

TABLE 228            NORTHROP GRUMMAN: PRODUCT LAUNCHES                 249

TABLE 229            NORTHROP GRUMMAN: OTHERS             250

TABLE 230            L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW          252

TABLE 231            L3HARRIS TECHNOLOGIES, INC.: PRODUCTS OFFERED             253

TABLE 232            L3HARRIS TECHNOLOGIES, INC.: DEALS                 254

TABLE 233            L3HARRIS TECHNOLOGIES, INC.: OTHERS                 255

TABLE 234            MOOG INC.: COMPANY OVERVIEW          256

TABLE 235            MOOG INC.: PRODUCTS OFFERED           257

TABLE 236            MOOG INC.: DEALS         259

TABLE 237            MOOG INC.: OTHERS     260

TABLE 238            RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: COMPANY OVERVIEW   261

TABLE 239            RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: PRODUCTS OFFERED    261

TABLE 240            LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW          263

TABLE 241            LOCKHEED MARTIN CORPORATION: PRODUCTS OFFERED    264

TABLE 242            LOCKHEED MARTIN CORPORATION: DEALS                 264

TABLE 243            LOCKHEED MARTIN CORPORATION: OTHERS                 264

TABLE 244            THALES: COMPANY OVERVIEW 267

TABLE 245            THALES: PRODUCTS OFFERED 268

TABLE 246            THALES: DEALS                269

TABLE 247            THALES: OTHERS             269

TABLE 248            OHB SE: COMPANY OVERVIEW 271

TABLE 249            OHB SE: PRODUCTS OFFERED  272

TABLE 250            OHB SE: PRODUCT LAUNCHES  273

TABLE 251            OHB SE: DEALS 273

TABLE 252            OHB SE: OTHERS              274

TABLE 253            SIERRA NEVADA CORPORATION: COMPANY OVERVIEW          275

TABLE 254            SIERRA NEVADA CORPORATION: PRODUCTS OFFERED             275

TABLE 255            SIERRA NEVADA CORPORATION: PRODUCT LAUNCHES          276

TABLE 256            SIERRA NEVADA CORPORATION: OTHERS                 276

TABLE 257            AIRBUS: COMPANY OVERVIEW 277

TABLE 258            AIRBUS: PRODUCTS OFFERED  278

TABLE 259            AIRBUS: DEALS 278

TABLE 260            AIRBUS: OTHERS              278

TABLE 261            VACCO INDUSTRIES: COMPANY OVERVIEW                 280

TABLE 262            VACCO INDUSTRIES: PRODUCTS OFFERED                 280

TABLE 263            BLUE ORIGIN: COMPANY OVERVIEW     282

TABLE 264            BLUE ORIGIN: PRODUCTS OFFERED      282

TABLE 265            BLUE ORIGIN: PRODUCT LAUNCHES     283

TABLE 266            BLUE ORIGIN: DEALS     283

TABLE 267            BLUE ORIGIN: OTHERS 283

TABLE 268            EATON: COMPANY OVERVIEW  285

TABLE 269            EATON: PRODUCTS OFFERED   286

TABLE 270            EATON: DEALS 287

TABLE 271            EATON: OTHERS              287

TABLE 272            THRUSTME: COMPANY OVERVIEW         288

TABLE 273            URSA MAJOR TECHNOLOGIES INC: COMPANY OVERVIEW          288

TABLE 274            PHASEFOUR: COMPANY OVERVIEW        289

TABLE 275            EXOTRAIL: COMPANY OVERVIEW            290

TABLE 276            DAWN AEROSPACE: COMPANY OVERVIEW                 290

TABLE 277            AST ADVANCED SPACE TECHNOLOGIES GMBH: COMPANY OVERVIEW   291

TABLE 278            STANFORD MU CORPORATION: COMPANY OVERVIEW          291

TABLE 279            MANASTU SPACE TECHNOLOGIES PRIVATE LIMITED: COMPANY OVERVIEW               292

TABLE 280            KREIOS SPACE: COMPANY OVERVIEW   293

TABLE 281            FIREFLY AEROSPACE: COMPANY OVERVIEW                 293

LIST OF FIGURES

FIGURE 1              SPACE PROPULSION MARKET SEGMENTATION                 27

FIGURE 2              RESEARCH DESIGN MODEL         30

FIGURE 3              RESEARCH DESIGN         31

FIGURE 4              BOTTOM-UP APPROACH              36

FIGURE 5              TOP-DOWN APPROACH                36

FIGURE 6              DATA TRIANGULATION                37

FIGURE 7              BY PLATFORM, LAUNCH VEHICLES TO BE LEADING SEGMENT DURING

FORECAST PERIOD         41

FIGURE 8              BY COMPONENT, THRUSTERS TO BE LEADING SEGMENT DURING

FORECAST PERIOD         41

FIGURE 9              BY END USER, COMMERCIAL TO BE LEADING SEGMENT DURING

FORECAST PERIOD         42

FIGURE 10            NORTH AMERICA TO BE LEADING SPACE PROPULSION MARKET DURING FORECAST PERIOD       42

FIGURE 11            RAPID ADVANCEMENTS IN PROPULSION TECHNOLOGIES TO DRIVE MARKET      44

FIGURE 12            LAUNCH VEHICLES TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD               44

FIGURE 13            THRUSTERS TO SECURE LEADING POSITION DURING FORECAST PERIOD       45

FIGURE 14            COMMERCIAL TO BE LARGER THAN GOVERNMENT & DEFENSE DURING FORECAST PERIOD                 45

FIGURE 15            CHEMICAL PROPULSION SEGMENT TO HOLD HIGHER SHARE THAN NON-CHEMICAL SEGMENT DURING FORECAST PERIOD         46

FIGURE 16            GERMANY TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       46

FIGURE 17            SPACE PROPULSION MARKET DYNAMICS                 47

FIGURE 18            ANNUAL SPACE DEPLOYMENTS, BY REGION, 2020–2023              48

FIGURE 19            GOVERNMENT EXPENDITURE ON SPACE PROGRAMS, BY COUNTRY, 2021–2024 (USD BILLION)      52

FIGURE 20            TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS   54

FIGURE 21            AVERAGE SELLING PRICE OF SATELLITES, BY REGION, 2020–2023 (USD MILLION)          55

FIGURE 22            INDICATIVE PRICING ANALYSIS, BY SATELLITE TYPE (USD MILLION)     56

FIGURE 23            INDICATIVE PRICING ANALYSIS, BY LAUNCH VEHICLE              56

FIGURE 24            VALUE CHAIN ANALYSIS               57

FIGURE 25            ECOSYSTEM ANALYSIS  59

FIGURE 26            IMPORT DATA FOR HS CODE 880260, BY COUNTRY, 2019–2023 (USD THOUSAND)               65

FIGURE 27            EXPORT DATA FOR HS CODE 880260, BY COUNTRY, 2019–2023 (USD THOUSAND)               66

FIGURE 28            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE PLATFORMS   67

FIGURE 29            KEY BUYING CRITERIA FOR TOP THREE PLATFORMS       68

FIGURE 30            INVESTMENT AND FUNDING SCENARIO, 2020–2024        71

FIGURE 31            BUSINESS MODELS IN SPACE PROPULSION MARKET               74

FIGURE 32            EVOLUTION OF TECHNOLOGY 75

FIGURE 33            TECHNOLOGY ROADMAP            75

FIGURE 34            BILL OF MATERIALS FOR SPACE PROPULSION SYSTEMS              78

FIGURE 35            TOTAL COST OF OWNERSHIP OF SPACE PROPULSION SYSTEMS 78

FIGURE 36            TOTAL COST OF OWNERSHIP OF SATELLITES (USD MILLION) 79

FIGURE 37            TOTAL COST OF OWNERSHIP OF LAUNCH VEHICLES (USD MILLION)           80

FIGURE 38            ADOPTION OF AI IN SPACE INDUSTRY  81

FIGURE 39            ADOPTION OF AI IN SPACE BY TOP COUNTRIES                 82

FIGURE 40            IMPACT OF AI ON SPACE PROPULSION MARKET                 84

FIGURE 41            SUPPLY CHAIN ANALYSIS             92

FIGURE 42            PATENT ANALYSIS          93

FIGURE 43            SPACE PROPULSION MARKET, BY TYPE, 2024–2030 (USD MILLION)       98

FIGURE 44            SPACE PROPULSION MARKET, BY PLATFORM, 2024–2030 (USD MILLION)            114

FIGURE 45           SPACE PROPULSION MARKET, BY COMPONENT, 2024–2030 (USD MILLION)            124

FIGURE 46            SPACE PROPULSION MARKET, BY END USER, 2024–2030 (USD MILLION)            134

FIGURE 47            SPACE PROPULSION MARKET, BY SUPPORT SERVICE, 2024–2030 (USD MILLION)         139

FIGURE 48            SPACE PROPULSION MARKET, BY REGION, 2024–2030        144

FIGURE 49            NORTH AMERICA: SPACE PROPULSION MARKET SNAPSHOT       146

FIGURE 50            EUROPE: SPACE PROPULSION MARKET SNAPSHOT          155

FIGURE 51            ASIA PACIFIC: SPACE PROPULSION MARKET SNAPSHOT          169

FIGURE 52            MIDDLE EAST: SPACE PROPULSION MARKET SNAPSHOT          183

FIGURE 53            REST OF THE WORLD: SPACE PROPULSION MARKET SNAPSHOT       193

FIGURE 54            REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2023 (USD MILLION)            203

FIGURE 55            MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023        204

FIGURE 56            COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023  207

FIGURE 57            COMPANY FOOTPRINT 208

FIGURE 58            COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023                214

FIGURE 59            BRAND/PRODUCT COMPARISON             217

FIGURE 60            FINANCIAL METRICS OF PROMINENT PLAYERS                 218

FIGURE 61            COMPANY VALUATION OF PROMINENT PLAYERS              218

FIGURE 62            SAFRAN: COMPANY SNAPSHOT 233

FIGURE 63            IHI CORPORATION: COMPANY SNAPSHOT                 239

FIGURE 64            NORTHROP GRUMMAN: COMPANY SNAPSHOT                 247

FIGURE 65            L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT          253

FIGURE 66            MOOG INC.: COMPANY SNAPSHOT         257

FIGURE 67            LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT          263

FIGURE 68            THALES: COMPANY SNAPSHOT 267

FIGURE 69            OHB SE: COMPANY SNAPSHOT 271

FIGURE 70            AIRBUS: COMPANY SNAPSHOT 277

FIGURE 71            ETON: COMPANY SNAPSHOT     286