Rocket Propulsion Market Expected to Witness Substantial Increase

rocket propulsion market

The global rocket propulsion market size is expected to grow from $4.82 billion in 2021 to $5.29 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The global rocket propulsion market size is expected to reach USD 7.67 billion in 2026 at a compound annual growth rate (CAGR) of 9.7%.

The trade research firm offers the Global Rocket Propulsion Market report 2022 in its Research Reports Store. This is the most comprehensive report available on this market and it will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players may adopt.

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The rocket propulsion market includes the sales of rocket propulsion products and services by entities (organizations, independent traders, and partnerships) used to produce thrust, the force that moves a rocket through the air and through space. Rocket propulsion refers to the act of pushing a rocket forward with force in order to launch it into the atmosphere. Rockets require a solid or liquid propellant, which consists of a fuel source and an oxidizer, which provides the oxygen needed to burn the fuel.

Some key players in the rocket propulsion market are Aerojet Rocketdyne, Mitsubishi Heavy Industries, Space Exploration Technologies Corp, Safran SA, Blue Origin, JSC Kuznetsov, Yuzhmash, Rocket Lab, NPO Energomash, Orbital ATK, Lockheed Martin, Thales Group, Kongsberg Gruppen ASA, The Raytheon Company and Roketsan AS

The countries covered in the global rocket propulsion market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, l Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam .

Regions covered in the global rocket propulsion market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Rocket Propulsion Market Segmentation:

By engine type
1. Solid
2. Liquid
3. Hybrid

By type of orbit
1. LEO
2. MOE
3. GEO
4. Beyond GEO

By launch vehicle type
1. Inhabited
2. Unmanned

By type of end user
1. Civil and Commercial
2. Military

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The table of contents of the report includes
1. Summary
2. Characteristics of Rocket Propulsion Market
3. Rocket Propulsion Market Trends and Strategies
4. Impact of COVID-19 on rocket propulsion
5. Rocket Propulsion Market Size and Growth
26. Africa Rocket Propulsion Market
27. Rocket Propulsion Market Competitive Landscape and Company Profiles
28. Key mergers and acquisitions in the rocket propulsion market
29. Rocket Propulsion Market Future Outlook and Potential Analysis
30. Annex

This report covers market trends and dynamics of the Rocket Propulsion Market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA . The report also includes consumer surveys and various future opportunities for the market.

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