Global Rocket Market 2023-2030
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Global Rocket Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL ROCKET MARKET

 

INTRODUCTION

The story of rockets traces back to ancient times, where Chinese inventors created simple gunpowder-propelled devices. However, it was in the 20th century that rockets evolved into the powerful and sophisticated machines we know today.

 

The visionary work of pioneers like Konstantin Tsiolkovsky, Robert Goddard, and Wernher von Braun laid the foundation for the modern era of space travel.

 

Their groundbreaking ideas paved the way for rockets to journey into the cosmos, crossing the threshold of Earth's atmosphere and venturing into the vacuum of space.

 

The space race of the mid-20th century further accelerated rocket technology, as nations vied for supremacy in the exploration of the final frontier. With iconic missions like the Apollo program, humanity took its first steps on the lunar surface, forever changing our perception of what was possible.

 

As the decades progressed, rockets became more sophisticated, enabling the launch of satellites, space probes, and space stations that expanded our understanding of the universe.

 

Today, rockets are synonymous with space agencies and private enterprises collaborating to push the boundaries of human exploration. Reusable rocket technology has revolutionized the space industry, reducing costs and increasing the frequency of launches.

 

Ambitious plans for crewed missions to Mars and beyond have ignited the imaginations of the next generation of space pioneers.

 

The future of rockets is promising, as innovation continues to soar to new heights. With each launch, we reach closer to the stars, ever curious about what lies beyond the next horizon. Rockets embody the essence of human curiosity, fearlessness, and the desire to explore uncharted territories.

 

As we propel ourselves into the cosmos, the rocket remains the emblem of our indomitable spirit, carrying the hopes and dreams of generations past, present, and future towards the vastness of the universe.

 

GLOBAL ROCKET MARKET SIZE AND FORECAST

 

infographic:Rocket Market, Rocket Market Size, Rocket Market Trend, Rocket Market ForeCast, Rocket Market Risks, Rocket Market Report, Rocket Market Share

 

The Global rocket market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEW PRODUCT LAUNCH

SpaceX's Starship is a fully reusable spacecraft designed for a variety of missions, including crewed space travel, satellite launches, and interplanetary exploration. With a height of around 50 meters and a diameter of 9 meters, Starship can carry up to 100 metric tons of cargo or 100 passengers.

 

It features a stainless steel construction for durability and efficiency. Powered by SpaceX's powerful Raptor engines, it is capable of both vertical takeoff and landing. T

 

he spacecraft's advanced design and capabilities make it a crucial component of SpaceX's ambitious vision for future space exploration, including missions to the Moon, Mars, and beyond.

 

Blue Origin's New Shepard is a suborbital space vehicle designed for commercial space tourism and research missions. It consists of a rocket booster and a crew capsule.

 

The rocket reaches an altitude of over 100 km, providing passengers with a few minutes of weightlessness and stunning views of Earth. The booster returns to land vertically, using a BE-3 engine. The crew capsule can accommodate up to six passengers and features large windows for optimal viewing.

 

New Shepard has undergone multiple successful test flights and aims to offer safe, reusable, and affordable space travel experiences, advancing the vision of private human spaceflight.

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many rockets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global rocket and key vendor selection criteria
  3. Where is the rocket manufactured? What is the average margin per unit?
  4. Market share of Global rocket market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global rocket in-house
  6. key predictions for next 5 years in Global rocket market
  7. Average B-2-B rocket market price in all segments
  8. Latest trends in rocket market, by every market segment
  9. The market size (both volume and value) of the rocket market in 2023-2030 and every year in between?
  10. Production breakup of rocket market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix