Press release
Rising Satellite Launches Fueling The Growth Of The Market Due To Growing Demand For Precision Launch Control Systems Driving Market Acceleration in the Rocket Hydraulics Industry, 2025
Rocket Hydraulics Market
How Large Will the Rocket Hydraulics Market Size By 2025?
Over the past few years, the rocket hydraulics market sector has experienced robust growth. It is anticipated that it will expand from $2.38 billion in 2024 to $2.57 billion in 2025 with a compound annual growth rate (CAGR) of 8.0%. Past growth in this sector is primarily due to the rise in space station and orbital infrastructure projects, global defense and military space capabilities expansion, increasing multi-payload launch configurations, burgeoning scientific payload and observation missions, and government's financial support and subsidies for space infrastructure.
How Big Is the Rocket Hydraulics Market Size Expected to Grow by 2029?
Strong expansion is anticipated in the rocket hydraulics market size in the coming years, with an expectation to touch the $3.46 billion mark by 2029, achieving a 7.7% compound annual growth rate (CAGR). The underlying factors contributing to the growth during the predicted period include an increase in the number of satellite launches, the burgeoning sector of commercial space tourism, a growing demand for reusable rockets, the widening of governmental space programs, and an escalated interest in missions exploring the moon and Mars. The forecast period also anticipates trends such as the formulation of lightweight hydraulic materials, downsizing of hydraulic components, enhanced accuracy and speed of actuators, implementation of intelligent sensors in hydraulic systems, and advancements in sealing technologies suitable for harsh environments.
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Which Key Market Drivers Powering Rocket Hydraulics Market Expansion and Growth?
The rocket hydraulics market is predicted to grow in the future, driven by the escalating number of satellite launches. Satellites, whether man-made or natural, are objects that orbit larger celestial bodies within space. The demand for these satellites is increasing globally, mainly due to the rising need for high-speed data and communication services. Extensive satellite networks are required to ensure connectivity, coverage, and reliability in both remote and urban locations. Rocket hydraulics play a critical role in launching these satellites, providing the power needed for engine direction control, aerodynamic surface movement, stage separation assistance, and payload fairing deployment. They are instrumental in ensuring accurate guidance, stability, and successful satellite launch. For example, as reported by the National Space Operations Centre (NSpOC), a UK-based organization specializing in space surveillance and protection, over 9,000 active satellites were in orbit as of April 2024. Predictions indicate this number may surge to more than 60,000 by 2030. Consequently, the continued spike in satellite launches will stimulate the growth of the rocket hydraulics market.
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Which Fast-Growing Trends Are Poised to Disrupt the Rocket Hydraulics Market?
In an attempt to improve efficiency under severe pressure conditions, leading players in the rocket hydraulics market are concentrating on the production of advanced items like actuators for thrust vector control systems. These actuators, integral parts of a thrust vector control system, make alterations to the thrust direction by moving engine parts or control surfaces, enabling rockets to navigate during flight. For example, Moog Inc., an American aerospace and defense firm, released new electromechanical actuators in January 2024 that were used in the United Launch Alliance's (ULA) Vulcan Rocket steering system. Developed specifically for the primary stage of the main engine's thrust vector control system, these hydraulic actuators proved flawless in operation. These actuators, which are powerful, fault-tolerant, and lightweight, offered remarkable precision, heightened safety, and lower maintenance for ULA's Vulcan rocket's maiden launch. Moreover, Moog is the provider of upper-stage thrust vector control systems and cryogenic valve actuation solutions for the Vulcan rocket.
What Are the Emerging Segments in the Rocket Hydraulics Market?
The rocket hydraulics market covered in this report is segmented -
1) By Component: Actuators, Pumps, Valves, Accumulators, Other Components
2) By Application: Launch Vehicles, Satellites, Space Probes, Other Applications
3) By End-User: Commercial, Military, Government
Subsegments:
1) By Actuators: Linear Actuators, Rotary Actuators, Electrohydraulic Actuators, Servo Actuators
2) By Pumps: Gear Pumps, Vane Pumps, Piston Pumps, Screw Pumps
3) By Valves: Directional Control Valves, Pressure Control Valves, Flow Control Valves, Proportional Valves
4) By Accumulators: Bladder Accumulators, Piston Accumulators, Diaphragm Accumulators, Spring-type Accumulators
5) By Other Components: Hydraulic Motors, Hydraulic Cylinders, Filters, Reservoirs
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Who Are the Global Leaders in the Rocket Hydraulics Market?
Major Companies operating in the rocket hydraulics market are Raytheon Technologies Corporation, Honeywell International Inc., Safran S.A., Eaton Corporation plc, Parker Hannifin Corporation, Liebherr International AG, KYB Corporation, Moog Inc., Curtiss-Wright Corporation, Woodward Inc., Triumph Group Inc., Sargent Aerospace And Defense LLC, HYDAC International GmbH, Dynamatic Technologies Limited, Marotta Controls Inc., Arkwin Industries Inc., Crissair Inc., Quiri Hydromechanics, JASC Incorporated, JSC Hydromash
Which are the Top Profitable Regional Markets for the Rocket Hydraulics Industry?
North America was the largest region in the rocket hydraulics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rocket hydraulics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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