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Worldwide Industry for Advanced Rocket and Missile Propulsion Systems to 2025 - Players Include Aerojet Rocketdyne, Airbus and Ariane Group Among Others - ResearchAndMarkets.com

January 6, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jan 6, 2021--

The “Advanced Rocket and Missile Propulsion Systems Market - A Global Market and Regional Analysis: Focus on Propulsion Type, Application, and Component, Supply Chain Analysis, and Country Analysis - Analysis and Forecast, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.

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The global advanced rocket and missile propulsion systems market report shows a significant growth in the market. The advanced rocket and missile propulsion systems market is anticipated to grow at a CAGR of 9.65% based on market value during the forecast period 2020-2025.

However, the demand for advanced rocket and missile propulsion systems by value is expected to grow due to the growing number of satellite launches and rising research and development activities to develop cost-efficient propulsion technologies. Additionally, the growing demand for missile and ballistic missile defense systems is propelling the demand for advanced rocket and missile propulsion systems.

The global advanced rocket and missile propulsion systems market report provides detailed market information for segmentation such as application, propulsion type, component, and region. The purpose of this market analysis is to examine the advanced rocket and missile propulsion systems in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.

The report further takes into consideration the market dynamics and the competitive landscape, along with the detailed financial and product contribution of the key players operating in the market. While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the industry that is analyzed.

The advanced rocket and missile propulsion systems market is segregated by region under four major regions, namely North America, Asia-Pacific, Europe, and the Middle East.

Key Questions Answered in this Report:

  • What are the trends in the global advanced rocket and missile propulsion systems market across different regions?
  • What are the major driving forces that tend to increase the demand for advanced rocket and missile propulsion systems during the forecast period 2020-2025?
  • What are the major restraints inhibiting the growth of the global advanced rocket and missile propulsion systems market?
  • What was the total revenue generated in the global advanced rocket and missile propulsion systems market by different application in 2019 and, what is the estimated revenue for the forecast period?
  • What was the total revenue generated in the global advanced rocket and missile propulsion systems market (by propulsion type) in 2019, and what is the estimated revenue for the forecast period?
  • What was the total revenue generated in the global advanced rocket and missile propulsion systems market (by component) in 2019, and what is the estimated revenue for the forecast period?
  • What was the total revenue generated by the global advanced rocket and missile propulsion systems market across different regions (North America, Europe, Asia-Pacific, and the Middle East) in 2019, and what are the estimates for 2025?
  • Who are the key players in the global advanced rocket and missile propulsion systems market, and what are the new strategies adopted by them to make a mark in the industry?
  • What major opportunities do the rocket and missile propulsion systems companies foresee in the next five years?

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Market Dynamics

Drivers

  • Increase in Satellite Launches
  • Rising Research and Development Activities to Develop Cost-Efficient Propulsion Technologies

Challenges

  • Lack of Efficient and Reliable Micro-Propulsion Systems
  • High Cost Associated with Advancement of Rocket and Missile Propulsion Systems

Opportunities

  • Ongoing Developments for Nano Material-Based Rocket and Missile Propulsion Systems
  • Advancements in 3D Printing Technology for Developing Rocket and Missile Propulsion System Components

Companies Mentioned

  • Aerojet Rocketdyne
  • Airbus S.A.S.
  • Ariane Group
  • Avio S.p.A
  • Blue Origin
  • IHI Corporation
  • Lockheed Martin Corporation
  • Mitsubishi Heavy Industries
  • Moog Inc.
  • Northrop Grumman Corporation
  • NPO Energomash
  • OHB SE
  • Safran
  • SpaceX
  • Thales Group

For more information about this report visit https://www.researchandmarkets.com/r/dwnd7j

View source version on businesswire.com:https://www.businesswire.com/news/home/20210106005628/en/

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KEYWORD:

INDUSTRY KEYWORD: AEROSPACE MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 01/06/2021 11:08 AM/DISC: 01/06/2021 11:08 AM

http://www.businesswire.com/news/home/20210106005628/en