Propulsion Systems Market Outlook 2028 By Demand, Share, Revenue Analysis
The Global Propulsion Systems Market is propelled by the increasing demand for fuel-efficient and environmentally friendly propulsion technologies, driven by stringent regulations and a growing focus on sustainability in the aerospace and maritime sectors. Additionally, advancements in electric and hybrid propulsion systems contribute to market growth, offering innovative solutions for both aviation and marine applications. According to TechSci Research report, “ Global Propulsion Systems Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Propulsion Systems Market stood at USD 293 Billion in 2022 and is anticipated to grow with a CAGR of 6.48% in the forecast period, 2024-2028. The global propulsion systems market is experiencing a substantial growth trajectory, driven by a multitude of factors. Advancements in technology, such as the development of innovative propulsion systems, have revolutionized the industry. Additionally...