Rocket Propulsion Market (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | NPO Energomash Rocket Lab USA Inc. Space Exploration Technologies Corp.

Rocket propulsion market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2024-2031).Rocket propulsion is a method used to send a projectile and out space while breaking earth's gravity. The propulsion system used in rockets generate an enormous forwards push thus lifting the rocket from ground and propelling it towards space. A rocket can be aircraft, spacecraft, missile, or a vehicle which generates thrust. Thrust is generated by propulsion system of the rocket.

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The expanding commercial space industry provides significant opportunities for the liquid rocket propulsion market. Private space firms such as SpaceX, Blue Origin, and Rocket Lab are increasingly relying on high-efficiency propulsion systems to support various missions like satellite installations/launches, space tourism operations, cargo transportation, etc. across the globe. Station (ISS) and research beyond Earth orbit.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Rocket Propulsion Market by Type
o Rocket Motor
o Rocket Engine

Global Rocket Propulsion Market by Orbit Type
o LEO and Elliptical
o GEO
o MEO

Global Rocket Propulsion Market by Propulsion
o Solid
o Liquid
o Hybrid

Global Rocket Propulsion Market by Application
o Communication
o Earth Observation
o Navigation, Global Positioning System (GPS) and Surveillance
o Technology Development and Education

Global Rocket Propulsion Market by End-User
o Civil and Government
o Commercial
o Military

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Aerojet Rocketdyne
o Airbus SE
o Blue Origin Federation LLC
o Boeing Company
o IHI Corp.
o Land SpaceTechnology Co. Ltd
o Moog Inc.
o NPO Energomash
o Rocket Lab USA Inc.
o Space Exploration Technologies Corp.
o Spacex
o Virgin Galactic

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global rocket propulsionmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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