Press release
Rocket Propulsion Market 2025 Trends : Predicted to Grow at a CAGR of 5.3% from 2022 to 2031, Report
Drivers, Restraints, and Opportunities
Rise in rocket launches by various companies and government organizations, increase in investments in small spacecraft technologies, the mounting demand for alternative fuels for the impulsion of rockets, the development of rocket artillery systems and surge in adoption of such weapons in modern warfare techniques drive the growth of the global rocket propulsion market. However, high initial investments associated with providing satellite launch services hamper the global market growth. On the other hand, adoption of new technologies by market players and institutions presents new growth opportunities for the global market in the coming years.
Download Sample Report - https://www.alliedmarketresearch.com/request-sample/7526
The LEO and elliptical segment to rule the roost during the forecast period
Based on orbit, the LEO and elliptical segment was the largest market in 2021, contributing to more than three-fourths of the global rocket propulsion market, and is expected to maintain its leadership status during the forecast period. The same segment is projected to witness the fastest CAGR of 5.6% from 2022 to 2031. This is due to the benefits offered by LEO and elliptical-based rockets, such as shorter orbital periods, higher orbital velocities, shorter trips, low cost, and reduced latency. The increased satellite launching activities are also expected to supplement the segmental growth during the forecast period.
The commercial segment to maintain its dominance during the forecast period
Based on end use, the commercial segment held the largest market share of two-thirds of the global rocket propulsion market in 2021 and is expected to maintain its dominance during the forecast period. The same segment is projected to witness the largest CAGR of 5.5% from 2022 to 2031. Increase in deployment of satellites for commercial applications is anticipated to boost the growth of the segment.
Interested to Procure the Data with Actionable Strategy & Insights? Inquire Before Buying - https://www.alliedmarketresearch.com/purchase-enquiry/7526
North America to maintain its dominance by 2031
Based on region, North America was the largest market in 2021, capturing more than two-fifths of the global rocket propulsion market and is expected to maintain its leadership in terms of revenue during the forecast period. Initiatives taken by SpaceX and Amazon to establish a LEO constellation for boosting the U.S. communication network serve as a major accelerator for the segment. However, the market in Asia-Pacific is expected to manifest the fastest CAGR of 6.5% during the forecast period, as the region is one of the prominent geographical regions which is rapidly adopting rocket propulsion systems primarily due to the increase in the number of natural disasters, developments in the agricultural sector, and government investment in the defense sector.
Leading Market Players
Airbus
Rocket Lab USA
Boeing Company
Spacex
Virgin Galactic
Northrop Grumman
Moog Inc.
Safran S.A.
Mitsubishi Heavy Industries
Blue Origin
Buy Complete Report Now - https://www.alliedmarketresearch.com/checkout-final/c131d7d6a166fd53634c01e5027730ec
Reasons to Buy This Rocket Propulsion Market Report:
• Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
• Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
• Classify potential new clients or partners in the target demographic.
• Develop tactical initiatives by understanding the focus areas of leading companies.
• Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
• Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
• Report will be updated with the latest data and delivered to you within 2-4 working days of order.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
• Create regional and country strategies on the basis of local data and analysis.
Know More- https://www.prnewswire.com/news-releases/rocket-propulsion-market-to-reach-8-5-billion-globally-by-2031-at-5-3-cagr-allied-market-research-301725904.html
Similar Reports We Have on Aerospace & Defense Industry:
Airborne L-Band SATCOM Market https://www.alliedmarketresearch.com/airborne-l-band-satcom-market-A09201
Missile Defense System Market https://www.alliedmarketresearch.com/missile-defense-systems-market-A11299
Aircraft Lighting Market https://www.alliedmarketresearch.com/aircraft-lighting-market-A06273
Zero-Emission Aircraft Market https://www.alliedmarketresearch.com/zero-emission-aircraft-market-A11848
Aircraft Sensors Market https://www.alliedmarketresearch.com/aircraft-sensors-market-A06225
Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rocket Propulsion Market 2025 Trends : Predicted to Grow at a CAGR of 5.3% from 2022 to 2031, Report here
News-ID: 3963297 • Views: …
More Releases from Allied Market Research
Post-Op Shoe Market to Grow at a CAGR of 5.1% and will Reach USD 1.1 billion by …
According to a new report published by Allied Market Research, titled, "Post-Op Shoe Market," The post-op shoe market size was valued at $634.50 million in 2021, and is estimated to reach $1.1 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/17800
A post-op shoe is generally used by patients who undergo for surgery or has foot and…
Corporate Training Market Size Worth USD 805.6 billion by 2035 | Growth Rate (CA …
The corporate training market was valued at $361.5 billion in 2023, and is estimated to reach $805.6 billion by 2035, growing at a CAGR of 7% from 2024 to 2035.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6810
Corporate training, which is also known as workplace learning, is a system of learning activities that are designed to train employees to perform better on the job. Corporate training enhances an…
Faucet Market Navigating Business with CAGR of 7.6% with Revenue of $118.4 billi …
According to a new report published by Allied Market Research, titled, "Faucet Market," The faucet market size was valued at $48.9 billion in 2023, and is estimated to reach $118.4 billion by 2035, growing at a CAGR of 7.6% from 2023 to 2035.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/2448
Faucet is a plumbing fixture used to control the flow of water in various settings such as kitchens,…
Sanitary Ware Market Size To Exceed USD 15.9 billion By 2032 | CAGR of 6.1%
The sanitary ware market size was valued at $9 billion in 2022, and is estimated to reach $15.9 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/3841
Bathroom fixtures and accessories with a focus on waste disposal and personal cleanliness are referred to as sanitary ware. Examples of sanitary ware include urinals, bidets, sinks, bathtubs, showers, and…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
