Global Propulsion Systems Market Size study, By Type (Air-Breathing {Gas Turbines & Jet Engines, Ramjets & Scramjets, Internal Combustion}, Non-Air Breathing {Solid Propulsion, Liquid Propulsion, Hybrid Propulsion, Electric Propulsion}), By Application (Missiles, Aircraft, Spacecraft, Unnamed Aerial Vehicles) and Regional Forecasts 2021-2027
Global Propulsion Systems Market is valued approximately USD 316.67 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.66% over the forecast period 2021-2027.
Propulsion refers to the process or action of pulling or pushing to drive an object forward. The propulsion system includes a source of mechanical power and a propulsor. A propulsion system is a machine that produces thrust to transmit or push a forward motion in the object. Accordingly, the major function of the propulsion system is to generate thrust. Thrust is the force that moves a rocket through the air and space. The rising number of commercial applications of the propulsion systems, increasing space expeditions, growing need for long-range missiles are the factors that may propels the market demand around the world. For instance, in 2019, a Japanese aerospace start-up, Interstellar Technologies launched the Momo-3 unmanned rocket- the country’s first privately advanced rocket. Therefore, the growth of the private organizations, along with the rising government support for realizing constant launches and mass production of rockets is surging the market growth. However, the lack of knowledge transfer platforms and the high costs involved in the advancements of the novel technologies impedes the growth of the market over the forecast period of 2021-2027. Also, rising defense expenditures majorly in the emerging economies is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Propulsion Systems market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the development of military & commercial aviation, the growing number of space expeditions, as well as economic growth. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as the increased spending on the defense segment, rising industrialization, along the growing need for military transport aircraft would create lucrative growth prospects for the Propulsion Systems market across the Asia-Pacific region.
Major market player included in this report are:
NPO Energomash.
Konstruktorskoe Buro Khimavtomatiky
Honeywell International Inc.
Bombardier Recreational Products Inc
Moog Inc.
FSUE RDIME
Space Exploration Technologies Corp.
UNITED TECHNOLOGIES
Aerojet Rocketdyne Holdings
Orbital ATK Inc
3W International GmbH
Busek Co. Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Air-Breathing
Gas Turbines & Jet Engines
Ramjets & Scramjets
Internal Combustion
Non-Air Breathing
Solid Propulsion
Liquid Propulsion
Hybrid Propulsion
Electric Propulsion
By Application
Missiles
Aircraft
Spacecraft
Unnamed Aerial Vehicles
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Propulsion Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary1.1. Market Snapshot1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)1.2.1. Propulsion Systems Market, by Region, 2019-2027 (USD Billion)1.2.2. Propulsion Systems Market, by Type, 2019-2027 (USD Billion)1.2.3. Propulsion Systems Market, by Application, 2019-2027 (USD Billion)1.3. Key Trends1.4. Estimation Methodology1.5. Research AssumptionChapter 2. Global Propulsion Systems Market Definition and Scope2.1. Objective of the Study2.2. Market Definition & Scope2.2.1. Scope of the Study2.2.2. Industry Evolution2.3. Years Considered for the Study2.4. Currency Conversion RatesChapter 3. Global Propulsion Systems Market Dynamics3.1. Propulsion Systems Market Impact Analysis (2019-2027)3.1.1. Market Drivers3.1.1.1. Growing demand for long range missiles3.1.1.2. High efficiency offered by propulsion systems and technological advancements3.1.2. Market Challenges3.1.2.1. Lack of knowledge transfer platforms3.1.2.2. High costs involved in the development of new technologies3.1.3. Market Opportunities3.1.3.1. Increasing defence expenditures by the emerging economiesChapter 4. Global Propulsion Systems Market Industry Analysis4.1. Porter’s 5 Force Model4.1.1. Bargaining Power of Suppliers4.1.2. Bargaining Power of Buyers4.1.3. Threat of New Entrants4.1.4. Threat of Substitutes4.1.5. Competitive Rivalry4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)4.2. PEST Analysis4.2.1. Political4.2.2. Economical4.2.3. Social4.2.4. Technological4.3. Investment Adoption Model4.4. Analyst Recommendation & Conclusion4.5. Top investment opportunity4.6. Top winning strategiesChapter 5. Risk Assessment: COVID-19 Impact5.1.1. Assessment of the overall impact of COVID-19 on the industry5.1.2. Pre COVID-19 and post COVID-19 market scenarioChapter 6. Global Propulsion Systems Market, by Type6.1. Market Snapshot6.2. Global Propulsion Systems Market by Type, Performance - Potential Analysis6.3. Global Propulsion Systems Market Estimates & Forecasts by Type 2018-2027 (USD Billion)6.4. Propulsion Systems Market, Sub Segment Analysis6.4.1. Air-Breathing6.4.1.1. Gas Turbines & Jet Engines6.4.1.2. Ramjets & Scramjets6.4.1.3. Internal Combustion6.4.2. Non-Air Breathing6.4.2.1. Solid Propulsion6.4.2.2. Liquid Propulsion6.4.2.3. Hybrid Propulsion6.4.2.4. Electric PropulsionChapter 7. Global Propulsion Systems Market, by Application7.1. Market Snapshot7.2. Global Propulsion Systems Market by Application, Performance - Potential Analysis7.3. Global Propulsion Systems Market Estimates & Forecasts by Application 2018-2027 (USD Billion)7.4. Propulsion Systems Market, Sub Segment Analysis7.4.1. Missiles7.4.2. Aircraft7.4.3. Spacecraft7.4.4. Unnamed Aerial VehiclesChapter 8. Global Propulsion Systems Market, Regional Analysis8.1. Propulsion Systems Market, Regional Market Snapshot8.2. North America Propulsion Systems Market8.2.1. U.S. Propulsion Systems Market8.2.1.1. Type estimates & forecasts, 2018-20278.2.1.2. Application estimates & forecasts, 2018-20278.2.2. Canada Propulsion Systems Market8.3. Europe Propulsion Systems Market Snapshot8.3.1. U.K. Propulsion Systems Market8.3.2. Germany Propulsion Systems Market8.3.3. France Propulsion Systems Market8.3.4. Spain Propulsion Systems Market8.3.5. Italy Propulsion Systems Market8.3.6. Rest of Europe Propulsion Systems Market8.4. Asia-Pacific Propulsion Systems Market Snapshot8.4.1. China Propulsion Systems Market8.4.2. India Propulsion Systems Market8.4.3. Japan Propulsion Systems Market8.4.4. Australia Propulsion Systems Market8.4.5. South Korea Propulsion Systems Market8.4.6. Rest of Asia Pacific Propulsion Systems Market8.5. Latin America Propulsion Systems Market Snapshot8.5.1. Brazil Propulsion Systems Market8.5.2. Mexico Propulsion Systems Market8.6. Rest of The World Propulsion Systems MarketChapter 9. Competitive Intelligence9.1. Top Market Strategies9.2. Company Profiles9.2.1. NPO Energomash.9.2.1.1. Key Information9.2.1.2. Overview9.2.1.3. Financial (Subject to Data Availability)9.2.1.4. Product Summary9.2.1.5. Recent Developments9.2.2. Konstruktorskoe Buro Khimavtomatiky9.2.3. Honeywell International Inc.9.2.4. Bombardier Recreational Products Inc9.2.5. Moog Inc.9.2.6. FSUE RDIME9.2.7. Space Exploration Technologies Corp.9.2.8. UNITED TECHNOLOGIES9.2.9. Aerojet Rocketdyne Holdings9.2.10. Orbital ATK Inc9.2.11. 3W International GmbH9.2.12. Busek Co. Inc.Chapter 10. Research Process10.1. Research Process10.1.1. Data Mining10.1.2. Analysis10.1.3. Market Estimation10.1.4. Validation10.1.5. Publishing10.2. Research Attributes10.3. Research AssumptionList of TablesTABLE 1. Global Propulsion Systems market, report scopeTABLE 2. Global Propulsion Systems market estimates & forecasts by Region 2018-2027 (USD Billion)TABLE 3. Global Propulsion Systems market estimates & forecasts by Type 2018-2027 (USD Billion)TABLE 4. Global Propulsion Systems market estimates & forecasts by Application 2018-2027 (USD Billion)TABLE 5. Global Propulsion Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)TABLE 6. Global Propulsion Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)TABLE 7. Global Propulsion Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)TABLE 8. Global Propulsion Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)TABLE 9. Global Propulsion Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)TABLE 10. Global Propulsion Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)TABLE 11. Global Propulsion Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)TABLE 12. Global Propulsion Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)TABLE 13. Global Propulsion Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)TABLE 14. Global Propulsion Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)TABLE 15. U.S. Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 16. U.S. Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 17. U.S. Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 18. Canada Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 19. Canada Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 20. Canada Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 21. UK Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 22. UK Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 23. UK Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 24. Germany Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 25. Germany Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 26. Germany Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 27. RoE Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 28. RoE Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 29. RoE Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 30. China Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 31. China Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 32. China Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 33. India Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 34. India Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 35. India Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 36. Japan Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 37. Japan Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 38. Japan Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 39. RoAPAC Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 40. RoAPAC Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 41. RoAPAC Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 42. Brazil Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 43. Brazil Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 44. Brazil Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 45. Mexico Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 46. Mexico Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 47. Mexico Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 48. RoLA Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 49. RoLA Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 50. RoLA Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 51. Row Propulsion Systems market estimates & forecasts, 2018-2027 (USD Billion)TABLE 52. Row Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 53. Row Propulsion Systems market estimates & forecasts by segment 2018-2027 (USD Billion)TABLE 54. List of secondary sources, used in the study of global Propulsion Systems marketTABLE 55. List of primary sources, used in the study of global Propulsion Systems marketTABLE 56. Years considered for the studyTABLE 57. Exchange rates consideredList of figuresFIG 1. Global Propulsion Systems market, research methodologyFIG 2. Global Propulsion Systems market, market estimation techniquesFIG 3. Global market size estimates & forecast methodsFIG 4. Global Propulsion Systems market, key trends 2020FIG 5. Global Propulsion Systems market, growth prospects 2021-2027FIG 6. Global Propulsion Systems market, porters 5 force modelFIG 7. Global Propulsion Systems market, pest analysisFIG 8. Global Propulsion Systems market, value chain analysisFIG 9. Global Propulsion Systems market by segment, 2018 & 2027 (USD Billion)FIG 10. Global Propulsion Systems market by segment, 2018 & 2027 (USD Billion)FIG 11. Global Propulsion Systems market by segment, 2018 & 2027 (USD Billion)FIG 12. Global Propulsion Systems market by segment, 2018 & 2027 (USD Billion)FIG 13. Global Propulsion Systems market by segment, 2018 & 2027 (USD Billion)FIG 14. Global Propulsion Systems market, regional snapshot 2018 & 2027FIG 15. North America Propulsion Systems market 2018 & 2027 (USD Billion)FIG 16. Europe Propulsion Systems market 2018 & 2027 (USD Billion)FIG 17. Asia pacific market 2018 & 2027 (USD Billion)FIG 18. Latin America Propulsion Systems market 2018 & 2027 (USD Billion)FIG 19. Global Propulsion Systems market, company market share analysis (2020)