Rocket Propulsion Market Projected to Reach US$ 6.36 Billion by 2023

The rocket propulsion market is estimated to be USD 4.23 billion in 2018 and is projected to reach USD 6.36 billion by 2023, at a CAGR of 8.50% from 2018 to 2023.

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153   Pages                          14 Profiling                       60 Tables                            48 Figures

Many of us have been awed by a rocket or a space shuttle launch, but we don’t often think about the process and technology required. We may have heard the term ‘rocket propulsion’, but we might not quite understand everything that’s involved in getting a rocket or shuttle through the earth’s atmosphere, and into space.

Premium Insights

1 Attractive Opportunities in the Rocket Propulsion Market

2 Rocket Propulsion Market, By Type

3 Asia Pacific: Rocket Propulsion Market, By End User

4 Europe: Rocket Propulsion Market, By Propulsion Type

5 Rocket Propulsion Market, By Country

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Key companies profiled in the report include SpaceX (US), Aerojet Rocketdyne (US), Orbital ATK (US), Antrix (India), and Mitsubishi Heavy Industries (Japan), among others. Contracts & partnerships are the key growth strategies adopted by leading players in the rocket propulsion market.

Target Audience

1 Launch Service Providers

2 Launch Vehicle Manufacturers

3 Subsystem Manufacturers

4 Technology Support Providers

5 Ministry of Defense

6 Scientific Research Centers

7 Software/Hardware/Service and Solution Providers

Click Now for More Details on “Rocket Propulsion Market by Type (Rocket Motor, Rocket Engine), Orbit (LEO, MEO, GEO, Beyond GEO), Launch Vehicle Type (Manned, Unmanned), End User (Military & Government, Commercial), Propulsion Type, Component, Region – Global Forecast to 2023” report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1643511 .

The propulsion system of a rocket used to generate thrust to lift the rocket into space is called rocket propulsion. The propulsion of a rocket includes all parts, such as tank, pump, propellant, motor, and nozzle, among others. The growth of the rocket propulsion market can be attributed to the reducing mission cost and increasing space expeditions.

Break-up profile of primaries:

• By Company Type: Tier 1 – 35%, Tier 2 – 45%,and Tier 3 – 20%
• By Designation: C Level – 35%, Director Level – 25%, and Others – 40%
• By Region: North America –40%, Europe – 20%, Asia Pacific – 10%, and RoW – 30%

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