Propulsion Systems Market Report Spreads In 110 Pages with 167 Tables and Figures

Propulsion Systems Market 2023 : A propulsion system generally consists of an aircraft engine and some means to generate thrust, such as a propeller or a propulsive nozzle. A propulsion system must achieve two things. First, the thrust from the propulsion system must balance the drag of the airplane when the airplane is cruising. And second, the thrust from the propulsion system must exceed the drag of the airplane for the airplane to accelerate. In fact, the greater the difference between the thrust and the drag, called the excess thrust, the faster the airplane will accelerate.

Report Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Propulsion Systems estimated at US$ 262760 million in the year 2022, is projected to reach a revised size of US$ 328660 million by 2028, growing at a CAGR of 3.8% during the forecast period 2022-2028.

Regionally, North America is the biggest Consumption area of Flight Propulsion Systems in the world and china is the most potential market with the fastest growing rate of 9.48%

Top Key Players:

  • CFM
  • General Electric Company
  • Rolls-Royce Holdings
  • United Technologies
  • Safran
  • Honeywell
  • GKN Aerospace
  • MTU Aero Engines
  • United Engine Corporation
  • Aero Engine Corporation of China

Propulsion Systems Market By Applications

  • Aircraft
  • Spacecraft
  • Missiles
  • Unmanned Aerial Vehicles

Propulsion Systems Market By Types

  • Air Breathing Engines
  • Non-Air Breathing Engines

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