Rocket propulsion Market Size, Share, Trend, Analysis And Forecast 2032 | Antrix, AerojetRocketdyne, Mitsubishi Heavy Industries, Northrop Grumman (Orbital ATK)

The Rocket propulsion market is estimated at USD 6.45 billion in 2022, registering at a promising CAGR of 4.98% from 2023 to 2032. The historic year considered is 2020 and the base year considered for the study is 2021, the estimated year is 2022 and the forecast has been provided for the period, 2023 to 2032.

The market research report offers an in-depth analysis of the Rocket propulsion market, helping players to prepare for the increasing hurdles ahead and ensure continued business expansion. With impeccable analysis, exhaustive research, and accurate forecasting, we provide a clear and authoritative study of the global Rocket propulsion market, backed by data and figures that have undergone a rigorous verification process. This research is an exhaustive, comprehensive and carefully curated source of exclusive, in-depth information and data on the global Rocket propulsion industry. The report's authors shed light on key market features, including growth drivers, growth barriers, trends, and opportunities, that have been previously unrecognized.

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It comprehensively analyses the global Rocket propulsion market vendor landscape and competitive scenarios to help market players to gain a competitive advantage over their competitors. Readers are provided with an in-depth analysis of key competitive trends in the global Rocket propulsion market. This analysis allows market participants to prepare for future challenges at an early stage. It can also identify opportunities to gain a strong position in the global Rocket propulsion market. Moreover, the analysis helps to effectively channelize strategies, strengths, and resources to gain maximum advantage in the global Rocket propulsion market.

Key Players in Rocket propulsion market

Major and emerging players in the market are scrutinized considering market share, production, revenue, sales growth, gross margin, product portfolio, and other important factors. This allows players to know the moves of the most formidable opponents on the market.

The key players in the market are: Antrix, AerojetRocketdyne, Mitsubishi Heavy Industries, Northrop Grumman (Orbital ATK), Safran S.A. (ArianeGroup), Spacex, Blue Origin, China Great Wall Industry Corporation, NPO Energomash, Virgin Galactic, IHI Corporation, Yuzhmash, Rocket Lab, The Boeing Company, Lockheed Martin Corporation, NASA, Airbus Defence and Space (formerly Astrium), L-3 Communications (Electron Technologies, Inc.), General Dynamics OTS, Moog Inc and 20+ companies competing in the market.

Key Growth Factors in Rocket propulsion Market:

The factors driving the expansion of the rocket propulsion system market are the rise in demand for rocket propulsion due to the rise in space expeditions, high efficiency & technological advancements in rocket propulsion, and rise in commercial space applications. The obstacles limiting the growth of the global rocket propulsion system market, however, include political unrest among governments and a lack of policies for the removal of orbital debris. The development of reusable rocket technology and the introduction of space tourism are anticipated to considerably increase demand for rocket propulsion in the years to come. Over the last decade, 19 space exploration or planetary missions have been launched by countries such as the U.S., India, China, Russia, Japan, and agencies such as the European Space Agency. The government budget across the globe is increasing every year. The governments are investing in sponsoring space exploration missions and supporting infrastructure.
Recent Developments in Rocket propulsion Market

• In February 2021, China announced its plans to conduct 40 space launches in 2021, with the construction of the country's first space station as its top priority.
• In March 2021, NASA has awarded the Mars Ascent Propulsion System (MAPS) contract to Northrop Grumman Systems Corporation , to provide propulsion support and products for spaceflight missions at the agency's Marshall Space Flight Center in Huntsville.
• In November 2020, ISRO launched 10 satellites into orbit onboard the PSLV-C49 launch vehicle. This launch marks the second time the rocket flew in a new "DL" configuration with two solid, strap-on motors.

Segmentation: Global Rocket propulsion Market

By Type (Rocket Motor, Rocket Engine), By Fuel Type(Hybrid, Liquid, Solid), By Orbit Type(Lower Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO), Beyond Geostationary Orbit (BGEO)

Addition/customization of segmentation provided in the report according to your request

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Our Free Sample Report Consists of the Following:

• The latest report for 2022 includes all introductions, overviews and in-depth industry analysis and forecast till 2032.

• Impact analysis of the before and after COVID-19 pandemic outbreak is included in the package as well as Russia Ukraine war impact also.

• Over 600 pages of research reports (including the latest research).

• Provides detailed chapter-by-chapter instructions on the application.

• Updated regional analysis with graphical representations of size, shares and trends in 2022.

• Includes updated tables and figures.

• The latest version of the report includes top market players, their business strategies, sales volume and revenue analysis.

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Regional Analysis of Global Rocket propulsion Market:

Each of the regional market segments is analysed and studied in the sense of the major regional spectrum of market reach in the market report. The study also provides a comprehensive overview of key insights, such as import, export, development, demand and consumption. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), Europe (Germany, France, United Kingdom, Russia and Italy), North America (United States, Canada, and Mexico), South America (Brazil, Argentina) and the Middle East and Africa (UAE, Egypt, Saudi Arabia, and South Africa) are some of the regions included by this research study.

North America: U.S., Canada, Rest of North America

Europe: France, UK, Spain, Germany, Italy, Rest of Europe

Asia Pacific: China, Japan, India, South Korea, Rest of Asia Pacific

The Middle East & Africa: Saudi Arabia, South Africa, Rest of the Middle East & Africa

Latin America: Brazil, Argentina, Rest of Latin America

Table of Contents in Global Rocket propulsion Market Research Report 2023 - 2032

There are 13 highlighted chapters out of the others to thoroughly display the Rocket propulsion market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications, and regions. (Please be aware that the contents of the TOC may vary depending on market titles/reports.)

• Chapter 1: Rocket propulsion Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.

• Chapter 2: Rocket propulsion Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels, and Major Downstream Buyers.

• Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Rocket propulsion.

• Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Rocket propulsion.

• Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Rocket propulsion by Regions.

• Chapter 6: Rocket propulsion Production, Consumption, Export, and Import by Regions.

• Chapter 7: Rocket propulsion Market Status and SWOT Analysis by Regions.

• Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Rocket propulsion.

• Chapter 9: Rocket propulsion Market Analysis and Forecast by Type and Application.

• Chapter 10: Rocket propulsion Market Analysis and Forecast by Regions.

• Chapter 11: Rocket propulsion Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.

• Chapter 12: Rocket propulsion Market Conclusion of the Whole Report.

• Chapter 13: Appendix Such as Methodology and Data Resources of Rocket propulsion Market Research.

Conclusion:

The study is a compilation of Rocket propulsion-hand data, qualitative and quantitative data by industry analysts, and inputs from market experts and key participants over the value chain process. The study offers an in-depth analysis of the present market trends, micro and macro-economic pointers, and governing factors, along with industry attractiveness according to the segments. The report also maps the qualitative impact of various market factors on market segmentations and geographies.

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