South Korea Satellite Propulsion System Market Size & Outlook
South Korea satellite propulsion system market, 2018-2030 (US$M)
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South Korea satellite propulsion system market highlights
- The South Korea satellite propulsion system market generated a revenue of USD 292.6 million in 2025 and is expected to reach USD 651.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.4% 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.
Satellite propulsion system market data book summary
| Market revenue in 2025 | USD 292.6 million |
| Market revenue in 2030 | USD 651.4 million |
| Growth rate | 17.4% (CAGR from 2025 to 2030) |
| Largest segment | Medium-sized satellites |
| Fastest growing segment | Nano Satellites |
| Historical data | 2018 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large Satellites, Medium-Sized Satellites, Nano Satellites, Cube Sats |
| Key market players worldwide | Airbus 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, South Korea accounted for 2.4% of the global satellite propulsion system market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China satellite propulsion system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,272.6 million by 2030.
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Satellite Propulsion System Market Scope
Satellite Propulsion System Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea 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 South Korea 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 country-level data and insights on the South Korea satellite propulsion system market , including forecasts for subscribers. This country databook contains high-level insights into South Korea satellite propulsion system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea satellite propulsion system market size, by platform, 2018-2030 (US$M)
South Korea Satellite Propulsion System Market Outlook Share, 2025 & 2030 (US$M)
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