Global Sounding Rocket Market Growth 2025-2031

The global Sounding Rocket market size is predicted to grow from US$ 95.2 million in 2025 to US$ 195 million in 2031; it is expected to grow at a CAGR of 12.7% from 2025 to 2031.

Unlike a satellite launch vehicle, a sounding rocket performs an observation mission during its flight in space before impact. It usually comprises one or two stages. When the experiment is completed, the rocket dives into the sea along with its observation instruments.

The core global manufacturers of sounding rockets include Magellan Aerospace, Instituto de Aeronáutica e Espaço, etc. The largest manufacturer, Magellan Aerospace, holds approximately 27% of the market share. North America is the world's largest market with approximately 48% market share, followed by Asia Pacific and Europe with 27% and 19% respectively. In the sounding rocket market, Multistage Sounding Rocket and One Stage Sounding Rocketaccount for 59% and 41% respectively. The most widely used ones are Geospace Science and education, accounting for 56% and 21% respectively.

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

This Insight Report provides a comprehensive analysis of the global Sounding Rocket 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 Sounding Rocket portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sounding Rocket market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sounding Rocket 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 Sounding Rocket.

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

Segmentation by Type:

One Stage Sounding Rocket

Multistage Sounding Rocket

Segmentation by Application:

Geospace Science

Education

Others

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.

Magellan Aerospace

Instituto de Aeronáutica e Espaço

Airbus

Shaanxi Zhongtian Rocket Technology

ISRO

IHI Aerospace

Interstellar Technologies

Key Questions Addressed in this Report

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

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

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

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

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

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