Market Overview

Rocket Propulsion Market by Type, Orbit, Launch Vehicle Type, End User, Propulsion Type, Component, Region - Global Forecast to 2023 -


The "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 has been added to's

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.

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. Increasing spending on research & development for enhanced
efficiency is also a major factor fueling the growth of the market.

The hybrid propulsion segment is estimated to lead the rocket propulsion
market in 2018. This growth can be attributed to the increasing adoption
of advanced liquid propulsion engines and high thrust rocket motors for
space launch vehicles.

The Asia Pacific region is projected to grow at the highest CAGR owing
to the increasing demand for exploration activities among countries,
such as India, China, and Japan. Increasing space missions are expected
to fuel the growth of the rocket propulsion market in the region.

Key companies profiled in the report include SpaceX (US), Aerojet
Rocketdyne (US), Orbital ATK (US), Antrix (India), and Mitsubishi Heavy
Industries (Japan).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Rocket Propulsion Market, By Type

8 Rocket Propulsion Market, By Propulsion Type

9 Rocket Propulsion Market, By Orbit Type

10 Rocket Propulsion Market, By Launch Vehicle Type

11 Rocket Propulsion Market, By Component

12 Rocket Propulsion Market, By End User

13 Regional Analysis

14 Competitive Landscape

15 Company Profiles

  • SpaceX
  • Aerojet Rocketdyne
  • Antrix
  • Orbital ATK
  • Mitsubishi Heavy Industries
  • Safran S.A.
  • Blue Origin
  • NPO Energomash
  • Virgin Galactic
  • IHI
  • JSC Kuznetsov
  • Yuzhmash
  • Rocket Lab

For more information about this report visit

View Comments and Join the Discussion!