Orbital Propulsion System Market Size is USD 13.63 Billion in 2025

Orbital Propulsion System Market (By Type: Chemical Propulsion System and Electric Propulsion System; By Application: Satellite, Spacecraft, and Others; By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Industry Size, Share, Growth, Trends 2025 to 2034.

Stats ID: 8872 | Delivery Format: Databook | Tables and Figures: 33+ | Last Updated: September 2025 | Delivery: Immediate

The global orbital propulsion system market was valued at USD 12.03 billion in 2024 and is projected to reach USD 41.95 billion by 2034, growing at a CAGR of 13.3%. Growth is driven by increasing satellite launches, space exploration missions, and the rising demand for efficient propulsion technologies in the aerospace sector.

Orbital Propulsion System Market Highlights

North America dominated the global market in 2024.
Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period.
By type, the chemical propulsion system segment held a dominant presence in the market in 2024.
By type, the electric propulsion system segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
By application, the satellite segment accounted for a considerable share of the market in 2024.
By application, the spacecraft segment is projected to experience the highest growth rate in the market between 2025 and 2034.

Orbital Propulsion System Market Statical Scope

Reports Attributes	Statistics
Market Size in 2024	USD 12.03 Billion
Market Size in 2025	USD 13.63 Billion
Market Size in 2031	USD 28.84 Billion
Market Size by 2034	USD 41.95 Billion
CAGR 2025 to 2034	13.3%
Base Year	2024
Forecast Period	2025 to 2034

The orbital propulsion systems market is attracting significant demand due to the rising growth of small satellite launches and interplanetary missions like communication, remote sensing, and navigation fields. The higher focus of private firms and governments is expected to maintain the investment rate in the propulsion systems. However, some countries may face challenges in the adoption of such systems due to the higher development and deployment costs.

The rising EV and Hybrid trend is also influencing the orbital propulsion systems market to initiate more growth in adopting green propellants for a more sustainable approach. The market is also experiencing a higher interest from startups, which aim to innovate low-cost designs with the help of investments and collaborations. The rise of AI is also expected to play a helpful role through fuel optimization and predictive maintenance of the propulsion systems.

Orbital Propulsion System Market Companies

ArianeGroup
ThrustMe
CU Aerospace
Orbital Propulsion Centre
Dawn Aerospace
Safran
Northrop Grumman Corporation
MT Aerospace AG
Moog Inc.
Rafael Advanced Defense Systems Ltd.
IHI Corporation
ArianeGroup GmbH
Exotrail
Enpulsion
Orbion Space Technology

Orbital Propulsion System Market Segmentation

By Type

Chemical Propulsion System
Electric Propulsion System

By Application

Satellite
Spacecraft
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Published by Shubham Desale

Global Market Revenue

Orbital Propulsion System Market Revenue, By Type 2024 to 2034 (USD Million)

Type	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Chemical Propulsion System	9.02	9.81	10.66	11.55	12.49	13.48	14.51	15.57	16.66	17.77	18.87
Electric Propulsion System	3.01	3.82	4.79	5.95	7.33	8.98	10.94	13.26	16.01	19.25	23.06

Orbital Propulsion System Market Revenue, By Application 2024 to 2034 (USD Million)

Application	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Satellite	8.42	9.38	10.44	11.62	12.93	14.37	15.98	17.76	19.73	21.91	24.32
Spacecraft	3.01	3.56	4.20	4.95	5.83	6.85	8.04	9.43	11.04	12.92	15.10
Others	0.60	0.70	0.80	0.93	1.07	1.24	1.43	1.64	1.89	2.18	2.52

Orbital Propulsion System Market Revenue, By Region 2024 to 2034 (USD Million)

Region	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	4.57	5.12	5.74	6.44	7.22	8.09	9.06	10.15	11.37	12.73	14.26
Asia Pacific	3.37	3.91	4.54	5.27	6.11	7.07	8.19	9.49	10.98	12.69	14.68
Europe	2.89	3.22	3.58	3.99	4.44	4.94	5.50	6.11	6.79	7.55	8.39
LAMEA	1.20	1.38	1.58	1.80	2.06	2.36	2.70	3.09	3.53	4.03	4.61

List of Tables & Figures

List of Tables

Table 1: Orbital Propulsion System Market Size by Type (Chemical & Electric) in the U.S., Canada, Mexico, 2024–2034
Table 2: Orbital Propulsion System Market Size by Type (Chemical & Electric) in Germany, France, UK, Italy, 2024–2034
Table 3: Orbital Propulsion System Market Size by Type (Chemical & Electric) in China, Japan, South Korea, India, Southeast Asia, 2024–2034
Table 4: Orbital Propulsion System Market Size by Type (Chemical & Electric) in Brazil, 2024–2034
Table 5: Orbital Propulsion System Market Size by Type (Chemical & Electric) in Turkey, GCC Countries, Africa, 2024–2034
Table 6: Orbital Propulsion System Market Size by Application (Satellite, Spacecraft, Others) in the U.S., Canada, Mexico, 2024–2034
Table 7: Orbital Propulsion System Market Size by Application (Satellite, Spacecraft, Others) in Germany, France, UK, Italy, 2024–2034
Table 8: Orbital Propulsion System Market Size by Application (Satellite, Spacecraft, Others) in China, Japan, South Korea, India, Southeast Asia, 2024–2034
Table 9: Orbital Propulsion System Market Size by Application (Satellite, Spacecraft, Others) in Brazil, 2024–2034
Table 10: Orbital Propulsion System Market Size by Application (Satellite, Spacecraft, Others) in Turkey, GCC Countries, Africa, 2024–2034
Table 11: CAGR of Orbital Propulsion System Market by Type & Application — Country Level, 2024–2034
Table 12: Market Share (%) of Orbital Propulsion System by Type & Application — Country Level, 2024
Table 13: Key Market Drivers and Restraints Impact Analysis — Country Level

List of Figures

Figure 1: Orbital Propulsion System Market Size by Type in the U.S., Canada, Mexico, 2024
Figure 2: Orbital Propulsion System Market Size by Type in Germany, France, UK, Italy, 2024
Figure 3: Orbital Propulsion System Market Size by Type in China, Japan, South Korea, India, Southeast Asia, 2024
Figure 4: Orbital Propulsion System Market Size by Type in Brazil, 2024
Figure 5: Orbital Propulsion System Market Size by Type in Turkey, GCC Countries, Africa, 2024
Figure 6: Orbital Propulsion System Market Size by Application in the U.S., Canada, Mexico, 2024
Figure 7: Orbital Propulsion System Market Size by Application in Germany, France, UK, Italy, 2024
Figure 8: Orbital Propulsion System Market Size by Application in China, Japan, South Korea, India, Southeast Asia, 2024
Figure 9: Orbital Propulsion System Market Size by Application in Brazil, 2024
Figure 10: Orbital Propulsion System Market Size by Application in Turkey, GCC Countries, Africa, 2024
Figure 11: Country-wise Market Share (%) of Orbital Propulsion System by Type, 2024
Figure 12: Country-wise Market Share (%) of Orbital Propulsion System by Application, 2024
Figure 13: Growth Trend of Orbital Propulsion System Market by Type — Country Level, 2024–2034
Figure 14: Growth Trend of Orbital Propulsion System Market by Application — Country Level, 2024–2034
Figure 15: Regional Contribution to Global Orbital Propulsion System Market — Country Level, 2024

Global Market Revenue

Orbital Propulsion System Market Revenue, By Type 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Chemical Propulsion System	9.02	9.81	10.66	11.55	12.49	13.48	14.51	15.57	16.66	17.77	18.87
Electric Propulsion System	3.01	3.82	4.79	5.95	7.33	8.98	10.94	13.26	16.01	19.25	23.06

Orbital Propulsion System Market Revenue, By Application 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Satellite	8.42	9.38	10.44	11.62	12.93	14.37	15.98	17.76	19.73	21.91	24.32
Spacecraft	3.01	3.56	4.20	4.95	5.83	6.85	8.04	9.43	11.04	12.92	15.10
Others	0.60	0.70	0.80	0.93	1.07	1.24	1.43	1.64	1.89	2.18	2.52

Orbital Propulsion System Market Revenue, By Region 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	4.57	5.12	5.74	6.44	7.22	8.09	9.06	10.15	11.37	12.73	14.26
Asia Pacific	3.37	3.91	4.54	5.27	6.11	7.07	8.19	9.49	10.98	12.69	14.68
Europe	2.89	3.22	3.58	3.99	4.44	4.94	5.50	6.11	6.79	7.55	8.39
LAMEA	1.20	1.38	1.58	1.80	2.06	2.36	2.70	3.09	3.53	4.03	4.61

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Orbital Propulsion System Market Size is USD 13.63 Billion in 2025

Orbital Propulsion System Market Highlights

Orbital Propulsion System Market Statical Scope

Orbital Propulsion System Market Companies

Orbital Propulsion System Market Segmentation

By Type

By Application

By Region

Global Market Revenue

Orbital Propulsion System Market Revenue, By Type 2024 to 2034 (USD Million)

Orbital Propulsion System Market Revenue, By Application 2024 to 2034 (USD Million)

Orbital Propulsion System Market Revenue, By Region 2024 to 2034 (USD Million)

List of Tables & Figures

List of Tables

List of Figures

Global Market Revenue

Orbital Propulsion System Market Revenue, By Type 2024 to 2034 (USD Billion)

Orbital Propulsion System Market Revenue, By Application 2024 to 2034 (USD Billion)

Orbital Propulsion System Market Revenue, By Region 2024 to 2034 (USD Billion)

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