Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Rocket Engine Market by Type (Liquid Rocket Engine, Solid Rocket Engine), By Application (Spacecraft, Ballistic Missiles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Rocket Engine Market by Type (Liquid Rocket Engine, Solid Rocket Engine), By Application (Spacecraft, Ballistic Missiles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 210583 3300 Machinery & Equipment 377 233 Pages 4.6 (30)
                                          

The global rocket engine market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for space exploration and satellite launches, which in turn will drive the demand for rocket engines. The increase in government spending on space exploration programs has led to an increase in investments in research and development activities related to rocket engines, which will also fuel the growth of this market during the forecast period. The liquid rocket engine segment accounted for over 50% share of the global rocket engine market in 2017 and is expected to continue its dominance throughout the forecast period due to its high performance and low cost as compared with other types of engines such as solid or hybrid rockets. The solid rocket engine segment accounted for over 30% share of this market in 2017 and is expected to grow at a CAGR of 5% during 2020-2030 due to their high thrust capability, low weight, ease with which they can be stored, and their ability to be used repeatedly without any need for refurbishment or replacement parts after each use. Rocket engines are the propulsion system of choice for space missions. They provide thrust by expelling hot gases from a nozzle at high speed. Jet engines use air to produce thrust, while rocket engines use hot gases expelled from a nozzle at high speed.

  1. The demand for rocket engines is expected to grow as the space industry expands.
  2. The development of new technologies, such as reusable rockets, will increase the demand for rocket engines in the future.
  3. Rocket engine manufacturers are developing new technologies to reduce costs and improve efficiency, which will also increase demand for these products in the future.
  4. Demand is expected to be high in emerging markets such as China and India due to their growing space programs and increased investment in aerospace technology research and development (R&D).
  5. Demand is also expected to be high from countries with established space programs that are looking for more efficient ways of launching satellites into orbit or sending astronauts into space.

Industry Growth Insights published a new data on “Rocket Engine Market”. The research report is titled “Rocket Engine Market research by Types (Liquid Rocket Engine, Solid Rocket Engine), By Applications (Spacecraft, Ballistic Missiles), By Players/Companies CASC, Space X, Roscosmos, Aerojet Rocketdyne, Mitsubishi Heavy Industries, Safran”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Rocket Engine Market Research Report

By Type

Liquid Rocket Engine, Solid Rocket Engine

By Application

Spacecraft, Ballistic Missiles

By Companies

CASC, Space X, Roscosmos, Aerojet Rocketdyne, Mitsubishi Heavy Industries, Safran

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Rocket Engine Industry Outlook


Global Rocket Engine Market Report Segments:

The global Rocket Engine market is segmented on the basis of:

Types

Liquid Rocket Engine, Solid Rocket Engine

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Spacecraft, Ballistic Missiles

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. CASC
  2. Space X
  3. Roscosmos
  4. Aerojet Rocketdyne
  5. Mitsubishi Heavy Industries
  6. Safran

Global Rocket Engine Market Overview


Highlights of The Rocket Engine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Liquid Rocket Engine
    2. Solid Rocket Engine
  1. By Application:

    1. Spacecraft
    2. Ballistic Missiles
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Rocket Engine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

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  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Global Rocket Engine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A rocket engine is a device that uses the energy of a propellant to create thrust. Propellants can be either solid or liquid, and are usually stored in tanks. When ignited, the propellant burns rapidly and creates a powerful force that propels the rocket forward.

Some of the major companies in the rocket engine market are CASC, Space X, Roscosmos, Aerojet Rocketdyne, Mitsubishi Heavy Industries, Safran.

The rocket engine market is expected to grow at a compound annual growth rate of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Rocket Engine Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Rocket Engine Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Rocket Engine Market - Supply Chain
   4.5. Global Rocket Engine Market Forecast
      4.5.1. Rocket Engine Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Rocket Engine Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Rocket Engine Market Absolute $ Opportunity

5. Global Rocket Engine Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Rocket Engine Market Size and Volume Forecast by Type
      5.3.1. Liquid Rocket Engine
      5.3.2. Solid Rocket Engine
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Rocket Engine Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Rocket Engine Market Size and Volume Forecast by Application
      6.3.1. Spacecraft
      6.3.2. Ballistic Missiles
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Rocket Engine Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Rocket Engine Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Rocket Engine Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Rocket Engine Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Rocket Engine Demand Share Forecast, 2019-2026

9. North America Rocket Engine Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Rocket Engine Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Rocket Engine Market Size and Volume Forecast by Application
      9.4.1. Spacecraft
      9.4.2. Ballistic Missiles
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Rocket Engine Market Size and Volume Forecast by Type
      9.7.1. Liquid Rocket Engine
      9.7.2. Solid Rocket Engine
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Rocket Engine Demand Share Forecast, 2019-2026

10. Latin America Rocket Engine Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Rocket Engine Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Rocket Engine Market Size and Volume Forecast by Application
      10.4.1. Spacecraft
      10.4.2. Ballistic Missiles
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Rocket Engine Market Size and Volume Forecast by Type
      10.7.1. Liquid Rocket Engine
      10.7.2. Solid Rocket Engine
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Rocket Engine Demand Share Forecast, 2019-2026

11. Europe Rocket Engine Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Rocket Engine Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Rocket Engine Market Size and Volume Forecast by Application
      11.4.1. Spacecraft
      11.4.2. Ballistic Missiles
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Rocket Engine Market Size and Volume Forecast by Type
      11.7.1. Liquid Rocket Engine
      11.7.2. Solid Rocket Engine
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.101. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Rocket Engine Demand Share, 2019-2026

12. Asia Pacific Rocket Engine Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Rocket Engine Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Rocket Engine Market Size and Volume Forecast by Application
      12.4.1. Spacecraft
      12.4.2. Ballistic Missiles
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Rocket Engine Market Size and Volume Forecast by Type
      12.7.1. Liquid Rocket Engine
      12.7.2. Solid Rocket Engine
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Rocket Engine Demand Share, 2019-2026

13. Middle East & Africa Rocket Engine Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Rocket Engine Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Rocket Engine Market Size and Volume Forecast by Application
      13.4.1. Spacecraft
      13.4.2. Ballistic Missiles
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Rocket Engine Market Size and Volume Forecast by Type
      13.7.1. Liquid Rocket Engine
      13.7.2. Solid Rocket Engine
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Rocket Engine Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Rocket Engine Market: Market Share Analysis
   14.2. Rocket Engine Distributors and Customers
   14.3. Rocket Engine Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. CASC
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Space X
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Roscosmos
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Aerojet Rocketdyne
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Mitsubishi Heavy Industries
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Safran
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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