Abstract
Summary
LPI (LP Information)' newest research report, the “Rocket Propulsion System Industry Forecast” looks at past sales and reviews total world Rocket Propulsion System sales in 2024, providing a comprehensive analysis by region and market sector of projected Rocket Propulsion System sales for 2025 through 2031. With Rocket Propulsion System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rocket Propulsion System industry.
This Insight Report provides a comprehensive analysis of the global Rocket Propulsion System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rocket Propulsion System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rocket Propulsion System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rocket Propulsion System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rocket Propulsion System.
The global Rocket Propulsion System market size is projected to grow from US$ million in 2024 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
United States market for Rocket Propulsion System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Rocket Propulsion System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Rocket Propulsion System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Rocket Propulsion System players cover Antrix Corporation, Mitsubishi Heavy Industries, Orbital ATK, Safran SA, SpaceX, Blue Origin, NPO Energomash, Aerojet Rocketdyne and Rocket Lab, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
This report presents a comprehensive overview, market shares, and growth opportunities of Rocket Propulsion System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Solid Propulsion
Liquid Propulsion
Hybrid Propulsion
Segmentation by application
Commercial
Military and Government
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Antrix Corporation
Mitsubishi Heavy Industries
Orbital ATK
Safran SA
SpaceX
Blue Origin
NPO Energomash
Aerojet Rocketdyne
Rocket Lab
LandSpace Technology Corporation
IHI
This Insight Report provides a comprehensive analysis of the global Rocket Propulsion System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rocket Propulsion System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rocket Propulsion System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rocket Propulsion System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rocket Propulsion System.
The global Rocket Propulsion System market size is projected to grow from US$ million in 2024 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
United States market for Rocket Propulsion System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Rocket Propulsion System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Rocket Propulsion System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Rocket Propulsion System players cover Antrix Corporation, Mitsubishi Heavy Industries, Orbital ATK, Safran SA, SpaceX, Blue Origin, NPO Energomash, Aerojet Rocketdyne and Rocket Lab, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
This report presents a comprehensive overview, market shares, and growth opportunities of Rocket Propulsion System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Solid Propulsion
Liquid Propulsion
Hybrid Propulsion
Segmentation by application
Commercial
Military and Government
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Antrix Corporation
Mitsubishi Heavy Industries
Orbital ATK
Safran SA
SpaceX
Blue Origin
NPO Energomash
Aerojet Rocketdyne
Rocket Lab
LandSpace Technology Corporation
IHI
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Rocket Propulsion System Market Size 2020-2031
2.1.2 Rocket Propulsion System Market Size CAGR by Region 2020 VS 2024 VS 2031
2.2 Rocket Propulsion System Segment by Type
2.2.1 Solid Propulsion
2.2.2 Liquid Propulsion
2.2.3 Hybrid Propulsion
2.3 Rocket Propulsion System Market Size by Type
2.3.1 Rocket Propulsion System Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Rocket Propulsion System Market Size Market Share by Type (2020-2025)
2.4 Rocket Propulsion System Segment by Application
2.4.1 Commercial
2.4.2 Military and Government
2.5 Rocket Propulsion System Market Size by Application
2.5.1 Rocket Propulsion System Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Rocket Propulsion System Market Size Market Share by Application (2020-2025)
3 Rocket Propulsion System Market Size by Player
3.1 Rocket Propulsion System Market Size Market Share by Players
3.1.1 Global Rocket Propulsion System Revenue by Players (2020-2025)
3.1.2 Global Rocket Propulsion System Revenue Market Share by Players (2020-2025)
3.2 Global Rocket Propulsion System Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Rocket Propulsion System by Regions
4.1 Rocket Propulsion System Market Size by Regions (2020-2025)
4.2 Americas Rocket Propulsion System Market Size Growth (2020-2025)
4.3 APAC Rocket Propulsion System Market Size Growth (2020-2025)
4.4 Europe Rocket Propulsion System Market Size Growth (2020-2025)
4.5 Middle East & Africa Rocket Propulsion System Market Size Growth (2020-2025)
5 Americas
5.1 Americas Rocket Propulsion System Market Size by Country (2020-2025)
5.2 Americas Rocket Propulsion System Market Size by Type (2020-2025)
5.3 Americas Rocket Propulsion System Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Rocket Propulsion System Market Size by Region (2020-2025)
6.2 APAC Rocket Propulsion System Market Size by Type (2020-2025)
6.3 APAC Rocket Propulsion System Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Rocket Propulsion System by Country (2020-2025)
7.2 Europe Rocket Propulsion System Market Size by Type (2020-2025)
7.3 Europe Rocket Propulsion System Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Rocket Propulsion System by Region (2020-2025)
8.2 Middle East & Africa Rocket Propulsion System Market Size by Type (2020-2025)
8.3 Middle East & Africa Rocket Propulsion System Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Rocket Propulsion System Market Forecast
10.1 Global Rocket Propulsion System Forecast by Regions (2026-2031)
10.1.1 Global Rocket Propulsion System Forecast by Regions (2026-2031)
10.1.2 Americas Rocket Propulsion System Forecast
10.1.3 APAC Rocket Propulsion System Forecast
10.1.4 Europe Rocket Propulsion System Forecast
10.1.5 Middle East & Africa Rocket Propulsion System Forecast
10.2 Americas Rocket Propulsion System Forecast by Country (2026-2031)
10.2.1 United States Rocket Propulsion System Market Forecast
10.2.2 Canada Rocket Propulsion System Market Forecast
10.2.3 Mexico Rocket Propulsion System Market Forecast
10.2.4 Brazil Rocket Propulsion System Market Forecast
10.3 APAC Rocket Propulsion System Forecast by Region (2026-2031)
10.3.1 China Rocket Propulsion System Market Forecast
10.3.2 Japan Rocket Propulsion System Market Forecast
10.3.3 Korea Rocket Propulsion System Market Forecast
10.3.4 Southeast Asia Rocket Propulsion System Market Forecast
10.3.5 India Rocket Propulsion System Market Forecast
10.3.6 Australia Rocket Propulsion System Market Forecast
10.4 Europe Rocket Propulsion System Forecast by Country (2026-2031)
10.4.1 Germany Rocket Propulsion System Market Forecast
10.4.2 France Rocket Propulsion System Market Forecast
10.4.3 UK Rocket Propulsion System Market Forecast
10.4.4 Italy Rocket Propulsion System Market Forecast
10.4.5 Russia Rocket Propulsion System Market Forecast
10.5 Middle East & Africa Rocket Propulsion System Forecast by Region (2026-2031)
10.5.1 Egypt Rocket Propulsion System Market Forecast
10.5.2 South Africa Rocket Propulsion System Market Forecast
10.5.3 Israel Rocket Propulsion System Market Forecast
10.5.4 Turkey Rocket Propulsion System Market Forecast
10.5.5 GCC Countries Rocket Propulsion System Market Forecast
10.6 Global Rocket Propulsion System Forecast by Type (2026-2031)
10.7 Global Rocket Propulsion System Forecast by Application (2026-2031)
11 Key Players Analysis
11.1 Antrix Corporation
11.1.1 Antrix Corporation Company Information
11.1.2 Antrix Corporation Rocket Propulsion System Product Offered
11.1.3 Antrix Corporation Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Antrix Corporation Main Business Overview
11.1.5 Antrix Corporation Latest Developments
11.2 Mitsubishi Heavy Industries
11.2.1 Mitsubishi Heavy Industries Company Information
11.2.2 Mitsubishi Heavy Industries Rocket Propulsion System Product Offered
11.2.3 Mitsubishi Heavy Industries Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Mitsubishi Heavy Industries Main Business Overview
11.2.5 Mitsubishi Heavy Industries Latest Developments
11.3 Orbital ATK
11.3.1 Orbital ATK Company Information
11.3.2 Orbital ATK Rocket Propulsion System Product Offered
11.3.3 Orbital ATK Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Orbital ATK Main Business Overview
11.3.5 Orbital ATK Latest Developments
11.4 Safran SA
11.4.1 Safran SA Company Information
11.4.2 Safran SA Rocket Propulsion System Product Offered
11.4.3 Safran SA Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Safran SA Main Business Overview
11.4.5 Safran SA Latest Developments
11.5 SpaceX
11.5.1 SpaceX Company Information
11.5.2 SpaceX Rocket Propulsion System Product Offered
11.5.3 SpaceX Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 SpaceX Main Business Overview
11.5.5 SpaceX Latest Developments
11.6 Blue Origin
11.6.1 Blue Origin Company Information
11.6.2 Blue Origin Rocket Propulsion System Product Offered
11.6.3 Blue Origin Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Blue Origin Main Business Overview
11.6.5 Blue Origin Latest Developments
11.7 NPO Energomash
11.7.1 NPO Energomash Company Information
11.7.2 NPO Energomash Rocket Propulsion System Product Offered
11.7.3 NPO Energomash Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 NPO Energomash Main Business Overview
11.7.5 NPO Energomash Latest Developments
11.8 Aerojet Rocketdyne
11.8.1 Aerojet Rocketdyne Company Information
11.8.2 Aerojet Rocketdyne Rocket Propulsion System Product Offered
11.8.3 Aerojet Rocketdyne Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Aerojet Rocketdyne Main Business Overview
11.8.5 Aerojet Rocketdyne Latest Developments
11.9 Rocket Lab
11.9.1 Rocket Lab Company Information
11.9.2 Rocket Lab Rocket Propulsion System Product Offered
11.9.3 Rocket Lab Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Rocket Lab Main Business Overview
11.9.5 Rocket Lab Latest Developments
11.10 LandSpace Technology Corporation
11.10.1 LandSpace Technology Corporation Company Information
11.10.2 LandSpace Technology Corporation Rocket Propulsion System Product Offered
11.10.3 LandSpace Technology Corporation Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 LandSpace Technology Corporation Main Business Overview
11.10.5 LandSpace Technology Corporation Latest Developments
11.11 IHI
11.11.1 IHI Company Information
11.11.2 IHI Rocket Propulsion System Product Offered
11.11.3 IHI Rocket Propulsion System Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 IHI Main Business Overview
11.11.5 IHI Latest Developments
12 Research Findings and Conclusion