Press release
Rocket Engines Market Industry Business Outlook, Trends Forecasts To 2025
The global rocket engines market is expected to grow from $2.44 billion in 2020 to $2.61 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.88 billion in 2025 at a CAGR of 2.5%.The Business Research Company offers "Rocket Engines Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and 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 size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.
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The rocket engines market consists of sales of rocket engines and relates services by entities (organizations, sole traders, or partnerships) that produce rocket engines. A rocket engine is a component of a propulsion system that uses the combustion of reactive chemicals to supply the necessary energy to run the rocket.
Some of the key players involved in the rocket engines market are Aerojet Rocketdyne, Space X, Roscosmos, Mitsubishi Heavy Industries, Northrop Grumman, Safran, China Aerospace Science and Technology Corporation (CASC), NASA, Blue Origin, Lockheed Martin, The Boeing Company, Rocket Lab.
The countries covered in the global rocket engines market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, 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, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global rocket engines market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Rocket Engines Market Segmentation:
1) By Type: Physically Powered, Chemically Powered, Electrically Powered, Thermal, Nuclear
2) By Product Type: Liquid Rocket Engine, Solid Rocket Engine
3) By Application: Spacecraft, Ballistic Missiles, Others
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A Few Points From The Table Of Content
1. Executive Summary
2. Rocket Engines Market Characteristics
3. Rocket Engines Market Size And Growth
4. Rocket Engines Market Segmentation
5. Rocket Engines Market Regional And Country Analysis
……
27. Rocket Engines Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rocket Engines Market
29. Rocket Engines Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the rocket engines 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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