Rocket Propulsion Market Is Likely To Witness Substantial Rise In Growth And Demand By 2031

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 grow to $7.67 billion in 2026 at a compound annual growth rate (CAGR) of 9.7%.

The Business Research Company offers the Rocket Propulsion Global Market Report 2022 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 propulsion market consists of sales of the rocket propulsion products and services by entities (organizations, sole traders, and partnerships) used to produce thrust, the force which 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 required to burn the fuel.

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

The countries covered in the global rocket propulsions 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 propulsions market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Rocket Propulsions Market Segmentation:

By Propulsion Type
1. Solid
2. Liquid
3. Hybrid

By Orbit Type
1. LEO
2. MEO
3. GEO
4. Beyond GEO

By Launch Vehicle Type
1. Manned
2. Unmanned

By End User Type
1. Civil and Commercial
2. Military

See more on the report at https://www.thebusinessresearchcompany.com/report/rocket-propulsion-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Rocket Propulsion Market Characteristics
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. Appendix

This report covers the trends and market dynamics of the rocket propulsions 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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