Press release
Global Rocket Engine Market Expected to Witness a Sustainable Growth over 2025
This report focuses on the key global Rocket Engine players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Rocket Engine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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A rocket engine uses stored rocket propellant mass for forming its high-speed propulsive jet. Rocket engines are reaction engines, obtaining thrust in accordance with Newton's third law.
Rocket engines play an important role in aviation and ballistic missiles, and downstream demand drives the rocket engine trade.The main manufacturing markets are in Europe and North America.After sweeping Europe and North America, China and Japan have similarly advanced production technologies.Japan has the highest return on investment of rocket engines in the world but the trading volume is very low, China is second but the trading volume is also low, North America is the largest trading volume in the world, and the revenue market share in 2019 is more than 50%.
In 2019, the market size of Rocket Engine is 2948.3 million US$ and it will reach 3120.7 million US$ in 2025, growing at a CAGR of 2.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
Market Segment by Manufacturers, this report covers
CASC
Space X
Roscosmos
Aerojet Rocketdyne
Mitsubishi Heavy Industries
Safran
Market Segment by Type, covers
Liquid Rocket Engine
Solid Rocket Engine
Market Segment by Applications, can be divided into
Spacecraft
Ballistic Missiles
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Related Information:
North America Rocket Engine Market Growth 2019-2024
United States Rocket Engine Market Growth 2019-2024
Asia-Pacific Rocket Engine Market Growth 2019-2024
Europe Rocket Engine Market Growth 2019-2024
EMEA Rocket Engine Market Growth 2019-2024
Global Rocket Engine Market Growth 2019-2024
China Rocket Engine Market Growth 2019-2024
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