Europe Satellite Propulsion System Market Size & Outlook

The satellite propulsion system market in Europe is expected to reach a projected revenue of US$ 4,484.3 million by 2030. A compound annual growth rate of 13.5% is expected of Europe satellite propulsion system market from 2026 to 2030.
Revenue, 2025 (US$M)
$2,378.3
Forecast, 2030 (US$M)
$4,484.3
CAGR, 2026 - 2030
13.5%
Report Coverage
Europe

Europe satellite propulsion system market highlights

  • The Europe satellite propulsion system market generated a revenue of USD 2,378.3 million in 2025.
  • The market is expected to grow at a CAGR of 13.5% from 2026 to 2030.
  • In terms of segment, medium-sized satellites was the largest revenue generating platform in 2025.
  • Nano Satellites is the most lucrative platform segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2026 to 2030.

Europe data book summary

Market revenue in 2025USD 2,378.3 million
Market revenue in 2030USD 4,484.3 million
Growth rate13.5% (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
Key market players worldwideAirbus SE, Arianespace, Blue Origin, Moog Inc, Northrop Grumman Corp, L3Harris Technologies Inc, Safran SA, Lockheed Martin Corp

Other key industry trends

  • In terms of revenue, Europe region accounted for 19.4% of the global satellite propulsion system market in 2025.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Latin America is the fastest growing regional market and is projected to reach USD 869.8 million by 2030.

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Satellite Propulsion System Market Companies

Name Profile # Employees HQ Website

Europe 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 68.18% in 2025. Horizon Databook has segmented the Europe 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.


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

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Europe satellite propulsion system market size, by country, 2018-2030 (US$M)

Europe Satellite Propulsion System Market Outlook Share, 2025 & 2030 (US$M)

Europe satellite propulsion system market size, by country, 2018-2030 (US$M)

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