Global Rocket Engine Industry Growth and Trends Forecast to 2031

Summary

A rocket engine uses stored rocket propellant mass for forming its high-speed propulsive jet.

According to APO Research, The global Rocket Engine market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Rocket Engine is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Rocket Engine is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Rocket Engine is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Rocket Engine include Xi’an Aerospace Propulsion, Voronezh Mechanical Plant, Aerojet Rocketdyne, Space X, JSC Kuznetsov, ArianeGroup, Mitsubishi Heavy Industries, MTAR Technologies and NPO Energomash, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Rocket Engine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rocket Engine.

The Rocket Engine market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Rocket Engine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Rocket Engine Segment by Company

Xi’an Aerospace Propulsion
Voronezh Mechanical Plant
Aerojet Rocketdyne
Space X
JSC Kuznetsov
ArianeGroup
Mitsubishi Heavy Industries
MTAR Technologies
NPO Energomash
IHI Corporation
Yuzhmash
Rocket Lab

Rocket Engine Segment by Type

Liquid Rocket Engine
Solid Rocket Engine

Rocket Engine Segment by Application

Defense & Civil
Commercial

Rocket Engine Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Rocket Engine market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Rocket Engine and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Rocket Engine.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Rocket Engine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Rocket Engine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Rocket Engine Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Rocket Engine Sales Estimates and Forecasts (2020-2031)
1.3 Rocket Engine Market by Type
1.3.1 Liquid Rocket Engine
1.3.2 Solid Rocket Engine
1.4 Global Rocket Engine Market Size by Type
1.4.1 Global Rocket Engine Market Size Overview by Type (2020-2031)
1.4.2 Global Rocket Engine Historic Market Size Review by Type (2020-2025)
1.4.3 Global Rocket Engine Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Rocket Engine Sales Breakdown by Type (2020-2025)
1.5.2 Europe Rocket Engine Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Rocket Engine Sales Breakdown by Type (2020-2025)
1.5.4 South America Rocket Engine Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Rocket Engine Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics
2.1 Rocket Engine Industry Trends
2.2 Rocket Engine Industry Drivers
2.3 Rocket Engine Industry Opportunities and Challenges
2.4 Rocket Engine Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Rocket Engine Revenue (2020-2025)
3.2 Global Top Players by Rocket Engine Sales (2020-2025)
3.3 Global Top Players by Rocket Engine Price (2020-2025)
3.4 Global Rocket Engine Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Rocket Engine Major Company Production Sites & Headquarters
3.6 Global Rocket Engine Company, Product Type & Application
3.7 Global Rocket Engine Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Rocket Engine Market CR5 and HHI
3.8.2 Global Top 5 and 10 Rocket Engine Players Market Share by Revenue in 2024
3.8.3 2023 Rocket Engine Tier 1, Tier 2, and Tier 3
4 Rocket Engine Regional Status and Outlook
4.1 Global Rocket Engine Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Rocket Engine Historic Market Size by Region
4.2.1 Global Rocket Engine Sales in Volume by Region (2020-2025)
4.2.2 Global Rocket Engine Sales in Value by Region (2020-2025)
4.2.3 Global Rocket Engine Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Rocket Engine Forecasted Market Size by Region
4.3.1 Global Rocket Engine Sales in Volume by Region (2026-2031)
4.3.2 Global Rocket Engine Sales in Value by Region (2026-2031)
4.3.3 Global Rocket Engine Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Rocket Engine by Application
5.1 Rocket Engine Market by Application
5.1.1 Defense & Civil
5.1.2 Commercial
5.2 Global Rocket Engine Market Size by Application
5.2.1 Global Rocket Engine Market Size Overview by Application (2020-2031)
5.2.2 Global Rocket Engine Historic Market Size Review by Application (2020-2025)
5.2.3 Global Rocket Engine Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Rocket Engine Sales Breakdown by Application (2020-2025)
5.3.2 Europe Rocket Engine Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Rocket Engine Sales Breakdown by Application (2020-2025)
5.3.4 South America Rocket Engine Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Rocket Engine Sales Breakdown by Application (2020-2025)
6 Company Profiles
6.1 Xi’an Aerospace Propulsion
6.1.1 Xi’an Aerospace Propulsion Comapny Information
6.1.2 Xi’an Aerospace Propulsion Business Overview
6.1.3 Xi’an Aerospace Propulsion Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Xi’an Aerospace Propulsion Rocket Engine Product Portfolio
6.1.5 Xi’an Aerospace Propulsion Recent Developments
6.2 Voronezh Mechanical Plant
6.2.1 Voronezh Mechanical Plant Comapny Information
6.2.2 Voronezh Mechanical Plant Business Overview
6.2.3 Voronezh Mechanical Plant Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Voronezh Mechanical Plant Rocket Engine Product Portfolio
6.2.5 Voronezh Mechanical Plant Recent Developments
6.3 Aerojet Rocketdyne
6.3.1 Aerojet Rocketdyne Comapny Information
6.3.2 Aerojet Rocketdyne Business Overview
6.3.3 Aerojet Rocketdyne Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Aerojet Rocketdyne Rocket Engine Product Portfolio
6.3.5 Aerojet Rocketdyne Recent Developments
6.4 Space X
6.4.1 Space X Comapny Information
6.4.2 Space X Business Overview
6.4.3 Space X Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Space X Rocket Engine Product Portfolio
6.4.5 Space X Recent Developments
6.5 JSC Kuznetsov
6.5.1 JSC Kuznetsov Comapny Information
6.5.2 JSC Kuznetsov Business Overview
6.5.3 JSC Kuznetsov Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.5.4 JSC Kuznetsov Rocket Engine Product Portfolio
6.5.5 JSC Kuznetsov Recent Developments
6.6 ArianeGroup
6.6.1 ArianeGroup Comapny Information
6.6.2 ArianeGroup Business Overview
6.6.3 ArianeGroup Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.6.4 ArianeGroup Rocket Engine Product Portfolio
6.6.5 ArianeGroup Recent Developments
6.7 Mitsubishi Heavy Industries
6.7.1 Mitsubishi Heavy Industries Comapny Information
6.7.2 Mitsubishi Heavy Industries Business Overview
6.7.3 Mitsubishi Heavy Industries Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Mitsubishi Heavy Industries Rocket Engine Product Portfolio
6.7.5 Mitsubishi Heavy Industries Recent Developments
6.8 MTAR Technologies
6.8.1 MTAR Technologies Comapny Information
6.8.2 MTAR Technologies Business Overview
6.8.3 MTAR Technologies Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.8.4 MTAR Technologies Rocket Engine Product Portfolio
6.8.5 MTAR Technologies Recent Developments
6.9 NPO Energomash
6.9.1 NPO Energomash Comapny Information
6.9.2 NPO Energomash Business Overview
6.9.3 NPO Energomash Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.9.4 NPO Energomash Rocket Engine Product Portfolio
6.9.5 NPO Energomash Recent Developments
6.10 IHI Corporation
6.10.1 IHI Corporation Comapny Information
6.10.2 IHI Corporation Business Overview
6.10.3 IHI Corporation Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.10.4 IHI Corporation Rocket Engine Product Portfolio
6.10.5 IHI Corporation Recent Developments
6.11 Yuzhmash
6.11.1 Yuzhmash Comapny Information
6.11.2 Yuzhmash Business Overview
6.11.3 Yuzhmash Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Yuzhmash Rocket Engine Product Portfolio
6.11.5 Yuzhmash Recent Developments
6.12 Rocket Lab
6.12.1 Rocket Lab Comapny Information
6.12.2 Rocket Lab Business Overview
6.12.3 Rocket Lab Rocket Engine Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Rocket Lab Rocket Engine Product Portfolio
6.12.5 Rocket Lab Recent Developments
7 North America by Country
7.1 North America Rocket Engine Sales by Country
7.1.1 North America Rocket Engine Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Rocket Engine Sales by Country (2020-2025)
7.1.3 North America Rocket Engine Sales Forecast by Country (2026-2031)
7.2 North America Rocket Engine Market Size by Country
7.2.1 North America Rocket Engine Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Rocket Engine Market Size by Country (2020-2025)
7.2.3 North America Rocket Engine Market Size Forecast by Country (2026-2031)
8 Europe by Country
8.1 Europe Rocket Engine Sales by Country
8.1.1 Europe Rocket Engine Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Rocket Engine Sales by Country (2020-2025)
8.1.3 Europe Rocket Engine Sales Forecast by Country (2026-2031)
8.2 Europe Rocket Engine Market Size by Country
8.2.1 Europe Rocket Engine Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Rocket Engine Market Size by Country (2020-2025)
8.2.3 Europe Rocket Engine Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country
9.1 Asia-Pacific Rocket Engine Sales by Country
9.1.1 Asia-Pacific Rocket Engine Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Rocket Engine Sales by Country (2020-2025)
9.1.3 Asia-Pacific Rocket Engine Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Rocket Engine Market Size by Country
9.2.1 Asia-Pacific Rocket Engine Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Rocket Engine Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Rocket Engine Market Size Forecast by Country (2026-2031)
10 South America by Country
10.1 South America Rocket Engine Sales by Country
10.1.1 South America Rocket Engine Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Rocket Engine Sales by Country (2020-2025)
10.1.3 South America Rocket Engine Sales Forecast by Country (2026-2031)
10.2 South America Rocket Engine Market Size by Country
10.2.1 South America Rocket Engine Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Rocket Engine Market Size by Country (2020-2025)
10.2.3 South America Rocket Engine Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country
11.1 Middle East and Africa Rocket Engine Sales by Country
11.1.1 Middle East and Africa Rocket Engine Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Rocket Engine Sales by Country (2020-2025)
11.1.3 Middle East and Africa Rocket Engine Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Rocket Engine Market Size by Country
11.2.1 Middle East and Africa Rocket Engine Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Rocket Engine Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Rocket Engine Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis
12.1 Rocket Engine Value Chain Analysis
12.1.1 Rocket Engine Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Rocket Engine Production Mode & Process
12.2 Rocket Engine Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Rocket Engine Distributors
12.2.3 Rocket Engine Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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