Global Rocket Engine Market Growth 2025-2031

Global Rocket Engine Market Growth 2025-2031

The global Rocket Engine market size is predicted to grow from US$ 6254 million in 2025 to US$ 7562 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

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

According to types, the most proportion of the Rocket Engine is Liquid Rocket Engine, taking about 93% sales share of global market in 2019. The most proportion of Rocket Engine is used for Defense & Civil and the proportion is about 85% in 2019. China is the major consumption region of the global market, which takes about 30% market share.

LP Information, Inc. (LPI) ' newest research report, the “Rocket Engine Industry Forecast” looks at past sales and reviews total world Rocket Engine sales in 2024, providing a comprehensive analysis by region and market sector of projected Rocket Engine sales for 2025 through 2031. With Rocket Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rocket Engine industry.

This Insight Report provides a comprehensive analysis of the global Rocket Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rocket Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rocket Engine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rocket Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rocket Engine.

This report presents a comprehensive overview, market shares, and growth opportunities of Rocket Engine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Liquid Rocket Engine
Solid Rocket Engine

Segmentation by Application:
Defense & Civil
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rocket Engine market?

What factors are driving Rocket Engine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Rocket Engine market opportunities vary by end market size?

How does Rocket Engine break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.