Global Rocket Propulsion Market 2023 - Business Opportunities, Industry Growth, Regional Analysis And Forecast To 2032

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Rocket Propulsion Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Rocket Propulsion Market Segments
The Business Research Company segments its
Rocket Propulsion market report as
Solid, Liquid, Hybrid
By Propulsion Type
LEO, MEO, GEO, Beyond GEO
By Orbit Type
Manned, Unmanned
By Launch Vehicle Type
Civil and Commercial, Military
By End User Type
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Rocket Propulsion Market Statistics
The global rocket propulsion market size grew
from 5.21 billion in 2022 to 5.64 billion in
2023 at a compound annual growth rate (CAGR) of
8.3. The rocket propulsion market size is
expected to grow to 7.86 billion in 2027 at a
CAGR of 8.6.
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Key Market Drivers And Trends
Drivers
Increased spending and capital investment by
government bodies and space companies are
significantly driving the rocket propulsion
market.
Trends
Technological advancements and innovations are
the key trends gaining popularity in the rocket
propulsion market.
Region
Asia-Pacific was the largest region in the rocket
propulsion market in 2022. The regions covered in
the rocket propulsion market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East, and
Africa.
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Key Market Players

• Major players in the Rocket Propulsion market
  are
• Aerojet Rocketdyne
• Mitsubishi Heavy Industries
• Space Exploration Technologies Corp.
• Safran S.A.
• Blue Origin
• And more.

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