Press release
Rocket Engines Market Worth $3.60 Billion By 2026 | Major player Aerojet Rocketdyne, Space X, Roscosmos, Mitsubishi Heavy Industries, Northrop Grumman
‘Rocket Engines Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The Rocket Engines market research report helps gain a truly global perspective of the Rocket Engines industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The regions covered in the Rocket Engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest Rocket Engines market share.
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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.
Key competitors in the Rocket Engines market include 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 and Rocket Lab..
The global rocket engines market size is expected to grow from $2.73 billion in 2021 to $2.81 billion in 2022 at a compound annual growth rate (CAGR) of 2.9%. The growth in the market 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 rocket engine market is expected to reach $3.60 billion in 2026 at a CAGR of 6.4%.
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TBRC’s report segments the global Rocket Engines market:
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
Read further on the Rocket Engines market here:
https://www.thebusinessresearchcompany.com/report/rocket-engines-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Rocket Engines Market Characteristics
3. Rocket Engines Market Trends And Strategies
4. Impact Of COVID-19 On Rocket Engines Market
5. Rocket Engines Market Size And Growth
.....
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
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