Space Propulsion Market by Type, System Component, Platform, Orbit, End
User, Orbit, Support Service, Region - Global Forecast to 2026
Bharat Book Bureau Provides the Trending Market Research Report on “Space Propulsion
Market by Type (Chemical Propulsion, Non-Chemical Propulsion), System Component
(Thrusters, Propellant Feed System, Nozzle), Platform (Satellite, Launch Vehicle), Orbit,
End User, Orbit, Support Service, Region - Global Forecast to 2026”under Defence Market
Research Report Category. The report offers a collection of superior Market research,
Market analysis, competitive intelligence and Market reports.
The Space Propulsion Market is projected to grow from USD 8.3 billion in 2021 to USD 22.5
billion by 2026, at a CAGR of 22.1% from 2021 to 2026. Developed economies of North
America and Europe are currently the leaders in the market, considering the strong
presence of OEMs in these regions, while emerging economies, especially those from the
Asia Pacific region, are projected to be the upcoming major markets for space propulsion
Conventionally, access to space has been extremely costly. But prices continue to fall with
each passing decade as new technologies are created and the sector becomes more
commercialized. SpaceX, for instance, has demonstrated the capability of reusable rockets.
Other advances in the future may involve lighter materials, the use of inflatable modules,
new fuel types, space planes, and/or more efficient engines.
This report categories space propulsion based on propulsion type as chemical propulsion
technologies such as solid, liquid, hybrid, and cold gas propulsion and non-chemical
propulsion technologies such as electric, solar, nuclear, and laser propulsions. Based
components used in space propulsion systems, this report studies thrusters, propellant feed
systems, rocket motors, nozzles, reactors, propulsion thermal control, and power processing
Also covers space propulsion market comprising chemical and non-chemical propulsi