Rocket Propulsion Market Insights Report by 2027 - Trends & Future Growth Factors

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Rocket Propulsion Market To Surpass 6 Billion US
by 2027 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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• Rocket Propulsion Market Scenario

• Global Rocket Propulsion Market size is expected
  to cross USD 6 billion by 2027, claims the
  latest study report compiled by Global Market
  Insights, Inc. Leading industry players are
  aiming at developing new-generation technologies
  that help in reducing failures and enhance
  reliability at reduced costs. U.S. based
  aerospace giant SpaceX and Blue Origin recently
  exhibited their abilities of reusable rockets
  that gradually aim at reducing the cost of
  operations.
• Growing demand for a robust defense and
  commercial space network is positively
  influencing global rocket propulsion market
  share. Increased space exploration and atmosphere
  observation activities are amplifying the
  industry dynamics.
• Technological advancements and innovations have
  led to the introduction of electric propulsion
  systems, re-usable rockets, electromagnetic drive
  and green propellants in order to meet the
  changing requirements.

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Regional Analysis of Rocket Propulsion Market

• Several countries depend on other countries to
  facilitate space exploration projects. The U.S.
  depended on RD-160 engines which were developed
  by Energomash to carry out its space exploration
  project until the political disruptions took
  place with Russia in the year 2014. Presently,
  the market share of Energomash a leading
  Russian rocket engine producer has reduced
  considerably since it lost a huge contract from
  the U.S. Such aspects may adversely affect rocket
  propulsion market dynamics.

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Application Analysis of Rocket Propulsion Market

Chapter 5. Rocket Propulsion Market, By Type Chapter 6. Rocket Propulsion Market, By Fuel Type
5.1. Key trends, by type 6.1. Key trends, by type
5.2. Rocket Motor 6.2. Solid Fuel
5.2.1. Market estimates and forecast, 2015 2027 6.2.1. Market estimates and forecast, 2015 2027
5.3. Rocket Engine 6.3. Liquid Fuel
5.3.1. Market estimates and forecast, 2015 2027 6.3.1. Market estimates and forecast, 2015 2027
  6.4. Hybrid Fuel
Chapter 7. Rocket Propulsion Market, By Orbit Type Chapter 8. Rocket Propulsion Market, By Vehicle Type
1. Key trends, by orbit type 8.1. Key trends, by vehicle type
7.2. Low Earth Orbit (LEO) 8.2. Unmanned
7.2.1. Market estimates and forecast, 2015 2027 8.2.1. Market estimates and forecast, 2015 2027
7.3. Medium Earth Orbit (MEO) 8.3. Manned
7.3.1. Market estimates and forecast, 2015 2027 8.3.1. Market estimates and forecast, 2015 2027
7.4. Geostationary Earth Orbit (GEO) 8.3.1. Market estimates and forecast, 2015 2027
7.4.1. Market estimates and forecast, 2015 2027  
7.5. Beyond Geosynchronous Orbit (BGEO)  
7.5.1. Market estimates and forecast, 2015 2027  
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Competitive Market Share of Rocket Propulsion
Market

• Certain companies such as have carried out
  efforts to explore opportunities in the
  commercial space travel sector. Various firms and
  authorized government entities are aiming at
  reliability and cost reduction for space
  exploration schemes through partnerships. ISRO
  performed the PSLV-C54 lift off from Satish
  Dhawan Space Centre SHAR, Sriharikota in April
  2019.

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