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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Rocket Propulsion Market Analysis
8.1 Key Industry Highlights
8.2 Global Rocket Propulsion Historical Market (2018-2023)
8.3 Global Rocket Propulsion Market Forecast (2024-2032)
8.4 Global Rocket Propulsion Market by Type
8.4.1 Solid
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Liquid
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Hybrid
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Rocket Propulsion Market by End Use
8.5.1 Civil and Commercial
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Military
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Rocket Propulsion Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Rocket Propulsion Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Rocket Propulsion Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Rocket Propulsion Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Rocket Propulsion Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Rocket Propulsion Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Northrop Grumman Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Antrix Corporation Limited
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Mitsubishi Heavy Industries Ltd
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Safran SA
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Space Exploration Technologies Corp.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Rocket Propulsion Market: Key Industry Highlights, 2018 and 2032
2. Global Rocket Propulsion Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Rocket Propulsion Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Rocket Propulsion Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Rocket Propulsion Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Rocket Propulsion Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Rocket Propulsion Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Rocket Propulsion Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Rocket Propulsion Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Rocket Propulsion Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Rocket Propulsion Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Rocket Propulsion Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Rocket Propulsion Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Rocket Propulsion Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Rocket Propulsion Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Rocket Propulsion Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Rocket Propulsion Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Rocket Propulsion Market Structure
In 2023, the global rocket propulsion market attained a value of nearly USD 6.29 billion.
The market is projected to grow at a CAGR of 8.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 13.36 billion by 2032.
The major market drivers include the surging launches of rockets and space missions and the integration of the latest technologies in the manufacturing of rocket propellants.
The key trends propelling the market growth are the rising demand for eco-friendly rocket propellants, the growing trend of 3D printing, and the development of innovative rocket propellants.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of rocket propulsion in the market are solid, liquid, and hybrid.
The significant end uses in the market are civil and commercial, and military.
The major players in the market are Northrop Grumman Corporation, Antrix Corporation Limited, Mitsubishi Heavy Industries Ltd, Safran SA, and Space Exploration Technologies Corp., among others.
The global rocket propulsion market attained a value of nearly USD 6.29 billion in 2023, driven by the rising launches of rockets and space missions. Aided by the rising demand for eco-friendly rocket propellants, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.7%. The market is projected to reach about USD 13.36 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the rocket propulsion industry can be segmented into solid, liquid, and hybrid. On the basis of end uses, the industry is divided into civil and commercial, and military. The major regional markets for rocket propulsion are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Northrop Grumman Corporation, Antrix Corporation Limited, Mitsubishi Heavy Industries Ltd, Safran SA, and Space Exploration Technologies Corp., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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