Based on propulsion type, hybrid propulsion is anticipated to lead the rocket propulsion market during the forecast period, owing to the increasing demand for the delivery of heavy payloads to LEO, MEO, and GEO orbits.
Based on component, the propellant segment is anticipated to grow the fastest during the forecast period owing to the increasing demand for efficient and higher thrust generating propellants for launch vehicles. Constant innovations in propellant compositions are expected to drive the growth of this segment.
Based on end user, the military & government segment is estimated to lead the rocket propulsion market in 2018. Increasing defense expenditures by the developed and emerging countries and the need to support military operations and cyber operations with the use of various types of satellites, such as remote sensing satellites, communication and surveillance satellites, and others are expected to lead to the growth of the rocket propulsion market during the forecast period.
The Global Rocket Propulsion Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023-2030.
As the report focuses on global Rocket Propulsion Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
SpaceX
Aerojet Rocketdyne
Orbital ATK
Antrix
Mitsubishi Heavy Industries
Safran
Blue Origin
NPO Energomash
Virgin Galactic
IHI
JSC Kuznetsov
Yuzhmash
Rocket Lab

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Solid Propulsion
Liquid Propulsion
Hybrid Propulsion

In Market segmentation by applications :
Commercial
Military & Government

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Rocket Propulsion Market for the forecast period 2023-2030?
• What are the driving forces in the Rocket Propulsion Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Rocket Propulsion industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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