PUNE, India, November 1, 2016 /PRNewswire/ -- The report "Propulsion Systems Market by Type (Air Breathing Engines, Non-Air Breathing Engines, Electric Propulsion Engines), Application (Aircraft, Spacecraft, Missiles, Unmanned Aerial Vehicles), and Region - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to grow from USD 244.68 Billion in 2016 to USD 337.78 Billion by 2021, at a CAGR of 6.66% during the forecast period, 2016 to 2021. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 77 market data Tables and 59 Figures spread through 176 Pages and in-depth TOC on"Propulsion Systems Market"http://www.marketsandmarkets.com/Market-Reports/aerospace-propulsion-system-market-13114028.htmlEarly buyers will receive 10% customization on this report. Increasing air travel and growing need for global connectivity are the major drivers for the growth of the propulsion systems market. There is an ever-increasing need for lightweight aircraft engines that offer high fuel efficiency and durability to withstand severe climatic conditions, provide optimum thrust output, and require minimum maintenance schedules with short turnaround time. These factors have led to manufacturing of aircraft engines with improved propulsion systems. Gas turbine engines are the propulsion systems that are widely used across fixed-wing and rotary-wing aircraft. Thus, increasing use of propulsion systems in aircraft application is expected to drive the growth of the propulsion systems market. "The air-breathing engine segment is projected to lead the propulsion systems market during the forecast period." Based on type, the air-breathing engine segment is expected to account for the largest market share of the propulsion systems market during the forecast period. The air-breathing engines segment has been categorized into ramjets & scramjets, internal combustion, and gas turbines & jet engines. Requirement of supersonic aircraft and long-range missiles by the defense sector is anticipated to drive the demand for ramjet & scramjet propulsion systems. Moreover, gas turbine engines are widely used across fixed-wing and rotary-wing aircraft. Lockheed D-21, Skoda-Kauba Sk P.14, Focke-Wulf Triebflügel, Focke-Wulf Ta 283, Reaction Engines A2, BrahMos, MBDA ASMP, Sea Dart Missile, and Orbital Science GQM-163 Coyote are some of the aircraft that have deployed air-breathing engines.