Rocket Propulsion Market by Component (Combustion Chamber, Igniter Hardware, Motor Casing), Propulsion Type (Hybrid Propulsion, Liquid Propulsion, Solid Propulsion), Orbit, Type, Vehicle, End-User - Global Forecast 2024-2030

Rocket Propulsion Market by Component (Combustion Chamber, Igniter Hardware, Motor Casing), Propulsion Type (Hybrid Propulsion, Liquid Propulsion, Solid Propulsion), Orbit, Type, Vehicle, End-User - Global Forecast 2024-2030

The Rocket Propulsion Market size was estimated at USD 5.54 billion in 2023 and expected to reach USD 6.01 billion in 2024, at a CAGR 9.14% to reach USD 10.23 billion by 2030.

Global Rocket Propulsion MarketRocket propulsion is an active propulsion system that utilizes the energy released from a rocket engine to generate thrust and assist the rocket to move forward. This type of propulsion system is used in various aerospace, military, and commercial applications. The rise in space exploration activities and the increasing need for small satellites are expanding the deployment of rocket propulsion systems. However, the high cost associated with the production of rocket propulsion systems and concerns related to the failure of the propulsion systems may adversely impact the use of these systems in space applications. Moreover, the ongoing advancements to enhance propulsion systems and investments in space research and technology are expected to encourage the adoption of rocket propulsion systems by the end-use sectors.Regional InsightsThe rocket propulsion market is evolving in the Americas due to the surge in investment by countries in the region for space programs and the rise in space exploration activities. The commercialization of rockets and supporting initiatives such as joint satellite launches are expected to bolster growth in the rocket propulsion market in the APAC region. Increased research and development activities related to space technology and government initiatives to expand space research are accelerating the use of rocket propulsion systems in the EMEA region. Additionally, breakthrough innovations in rocket propulsion technology are anticipated to propel the growth of the rocket propulsion market worldwide.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Rocket Propulsion Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Rocket Propulsion Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Rocket Propulsion Market, highlighting leading vendors and their innovative profiles. These include Accion Systems Inc, Airbus SAS, Antrix Corporation Limited, Bellatrix Aerospace Pvt. Ltd., Blue Origin Enterprises, L.P, CU Aerospace, Firehawk Aerospace Inc., HyImpulse Technologies GmbH, IHI Corporation, Israel Aerospace Industries (IAI), JSC Kuznetsov, L3Harris Technologies, Leidos Holdings, Inc., Mitsubishi Heavy Industries, Ltd., NAMMO AS, Northrop Grumman Corporation, OHB System AG, Rafael Advanced Defense Systems Ltd., Rocket Lab USA, Inc, Roketsan A.Ş., Safran S.A., Sierra Nevada Corporation, Sierra Space Corporation, Skyrora Limited, Space Exploration Technologies Corporation, Thales Group, The Boeing Company, Triton Space Technologies, LLC, URSA MAJOR TECHNOLOGIES INC, VACCO Industries, and Virgin Galactic, LLC.

Market Segmentation & Coverage



This research report categorizes the Rocket Propulsion Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Combustion Chamber
Igniter Hardware
Motor Casing
Nozzle
Propellant
Turbo Pump
Vavle
Propulsion Type
Hybrid Propulsion
Liquid Propulsion
Solid Propulsion
Orbit
Beyond Geosynchronous Orbit
Geostationary Earth Orbit
Low Earth Orbit
Medium Earth Orbit
Type
Rocket Engine
Rocket Motor
Vehicle
Manned
Unmanned
End-User
Commercial
Military & Government
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Rocket Propulsion Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Rocket Propulsion Market?
3. What are the technology trends and regulatory frameworks in the Rocket Propulsion Market?
4. What is the market share of the leading vendors in the Rocket Propulsion Market?
5. Which modes and strategic moves are suitable for entering the Rocket Propulsion Market?

Note: PDF & Excel + Online Access - 1 Year