Rocket Propulsion Market 2023 Business Scenario

 Stratview Research delivers key insights on the global Rocket Propulsion Market.

The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.

Get a free sample report here:

https://www.stratviewresearch.com/Request-Sample/588/rocket-propulsion-market.html#form

Market Insights

The Rocket Propulsion Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.

Profiling Key Companies –

Antrix Corporation Limited,

Aerojet Rocketdyne,

Mitsubishi Heavy Industries,

NPO Energomash,

Orbital ATK,

Rocket Lab,

Safran S.A.,

Safran Exploration Technologies Corp.,

Virgin Galactic.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Rocket Propulsion Market value and growth drivers over the trend period of 2022-27. According to the report -

Rocket propulsion market is likely to witness an impressive CAGR of 10.2% during the forecast period. Growing employment of space launch services for satellites and testing probe applications are some of the most contributing factors that are underpinning the growth of the global rocket propulsion market. In addition, the introduction of space tourism is expected to further bolster the demand for rocket propulsion in the subsequent times to come.

Segment Analysis:

Based on Orbit Type:

Based on the orbit type, the market is segmented as low earth orbit (LEO), medium earth orbit (MEO), geostationary earth orbit (GEO), and beyond geosynchronous orbit (BGEO). The LEO segment is estimated to lead the market in the coming five years. Most of the space launch services are focused on LEO, which comprises human spacecraft, small satellites, and cargo to ISS, and spacecraft engineered for space tourism programs.

Based on Region:

In terms of regions, North America was expected to remain dominant in the the rocket propulsion market in 2018. The region’s market is driven by the growing demand for space launch services for various payloads, such as satellites, human spacecraft, missions to ISS, and testing probes, which is expected to significantly contribute to the growth of the market in this region. The region is investing considerably in the advancement of space tourism and exploration and space probe missions, which is further fueling the growth of the rocket propulsion market. On the other hand, the rocket propulsion market in the Asia-Pacific region is estimated to depict the highest growth in the coming five years, sustained by the rising investments in the space launch industry.

 

Know more about the report, click here

https://www.stratviewresearch.com/588/rocket-propulsion-market.html

Covid Impact

This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.

-         

-        Appropriate market trend and forecast analysis.

-        All-inclusive report

-        Decent price-performance ratio

-        Reliable data

-        Attractive market segments and associated growth opportunities.

Custom Research:

Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our experts at +1-313-307-4176.

π—”π—―π—Όπ˜‚π˜ π—¨π˜€:-

Stratview Research is a global market intelligence and consulting organization that provides market research reports, customized reports, and consulting services. We are also committed to playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Get in touch with us at:
( https://www.stratviewresearch.com/contact )

Comments

Post a Comment

Popular posts from this blog

Contactless Biometrics Technology Market Projected to Grow at a Steady Pace During 2022-2027

  Stratview Research delivers key insights on the global Contactless Biometrics Technology Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027. Get a free sample report here: https://www.stratviewresearch.com/Request-Sample/1254/contactless-biometrics-technology-market.html#form The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner. Key Players The following are some of the key players in the Contactless Biometrics Technology Market: • Touchless Biometric Syst...
Read more

Aircraft Ignition System Market Estimated to Expand at a Robust CAGR over 2027

  The market report on the Aircraft Ignition System Market shows lucrative growth opportunities in the Aircraft Ignition System industry during the next five-year period and ensures more information regarding the market trends. The following detail is the summary of extensive market research conducted by researchers at Stratview Research, a market research firm. Click here to request a Free Sample report: https://www.stratviewresearch.com/650/aircraft-ignition-system-market.html The present report will give an overview of the challenges, dynamics, growth factors, and key market players in the Aircraft Ignition System Market . Aircraft Ignition System Market Forecast: The Aircraft Ignition System Market is forecasted to grow at a rate of 4.7% CAGR during the period of 2022-2027. The Market will be experiencing an escalation in demand attributed to the growing usage of Aircraft Ignition System in the market. The Aircraft Ignition System Market growth depends u...
Read more

Ammonium Metavanadate Market is Booming Across the Globe Explored in Latest Report 2022 – 2028

  Stratview Research delivers key insights on the Ammonium Metavanadate market in its latest report titled Ammonium Metavanadate 2022 - 2028. According to the report, the global Ammonium Metavanadate market is anticipated to expand at a CAGR of 4.6% in terms of value during the forecast period due to various factors. Get a free sample report here: https://www.stratviewresearch.com/Request-Sample/1520/ammonium-metavanadate-market.html#form It is the most comprehensive report available on this market and will help users gain a global outlook as it covers 360degree Ammonium Metavanadate Market shares, detailed analysis of growth rate among various segments including demand -supply scenario, etc. The regional and country segmentations give in-depth analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can a...
Read more