Global Satellite Propulsion System Market Size & Outlook

The satellite propulsion system industry worldwide is expected to reach a projected revenue of US$ 23,243.8 million by 2030. A compound annual growth rate of 13.6% is expected of the worldwide satellite propulsion system industry from 2026 to 2030.
Revenue, 2025 (US$M)
$12,276.1
Forecast, 2030 (US$M)
$23,243.8
CAGR, 2026 - 2030
13.6%
Report Coverage
Worldwide

Global satellite propulsion system market highlights

  • The global satellite propulsion system market generated a revenue of USD 12,276.1 million in 2025 and is expected to reach USD 23,243.8 million by 2030.
  • The market is expected to grow at a CAGR (2026 - 2030) of 13.6% by 2030.
  • In terms of segment, medium-sized satellites accounted for a revenue of USD 8,368.3 million in 2025.
  • Nano Satellites is the most lucrative platform segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2025.
  • Country-wise, UK is expected to register the highest CAGR from 2026 to 2030.

Global data book summary

Market revenue in 2025USD 12,276.1 million
Market revenue in 2030USD 23,243.8 million
Growth rate13.6% (CAGR from 2025 to 2030)
Largest segmentMedium-sized satellites
Fastest growing segmentNano Satellites
Historical data covered2018 - 2024
Base year for estimation2025
Forecast period covered2026 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLarge Satellites, Medium-Sized Satellites, Nano Satellites, Cube Sats

Other key industry trends

  • In terms of revenue, the North America accounted for 50.4% of the global satellite propulsion system market in 2025.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 1,567.6 million by 2030.

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Satellite Propulsion System Market Companies

Name Profile # Employees HQ Website

Global satellite propulsion system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to satellite propulsion system market will help companies and investors design strategic landscapes.


Medium-sized satellites was the largest segment with a revenue share of 68.17% in 2025. Horizon Databook has segmented the Global satellite propulsion system market based on large satellites, medium-sized satellites, nano satellites, cube sats covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Satellite Propulsion System Platform Outlook (Revenue, USD Million, 2018-2030)
    • Large Satellites
    • Medium-Sized Satellites
    • Nano Satellites
    • Cube Sats
  • Global Satellite Propulsion System Propulsion Outlook (Revenue, USD Million, 2018-2030)
    • Chemical
    • Non-Chemical
  • Global Satellite Propulsion System Component Outlook (Revenue, USD Million, 2018-2030)
    • Thrusters
    • Propellant Feed Systems
    • Nozzles
    • Rocket Motors
    • Others
  • Global Satellite Propulsion System End Use Outlook (Revenue, USD Million, 2018-2030)
    • Government
    • Commercial

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Horizon Databook provides a detailed overview of global-level data and insights on the Global satellite propulsion system market , including forecasts for subscribers. This global databook contains high-level insights into Global satellite propulsion system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global satellite propulsion system market size, by regions, 2018-2030 (US$M)

Top 10 countries: Satellite propulsion system market size, 2025 (US$M)

Global satellite propulsion system market share, by platform, 2025 & 2030 (%, US$M)

Satellite propulsion system market: Opportunity assessment by country

Global satellite propulsion system market, by region, 2025 (US$M)

Global satellite propulsion system market size, by regions, 2018-2030 (US$M)

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