Launch Vehicle Propulsion Market
Launch Vehicle Propulsion Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Launch Vehicle Propulsion Market Size and Growth
The Launch Vehicle Propulsion market is poised for substantial growth, driven by increasing satellite deployments and space exploration initiatives. Valued at approximately $5.4 billion in 2023, it is expected to expand significantly, with advancements in propulsion technologies and heightened demand for reusable launch systems shaping future market conditions.
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Companies Covered
(Covid 19 Impact Covered)
◍ Aerojet Rocketdyne
◍ MOOG
◍ Notrhrop Grumman
◍ Safran Group
◍ Mitsubishi Heavy Industries
◍ Blue Origin
◍ Avio
◍ Yuzhnoye
The Launch Vehicle Propulsion Market features major players like Aerojet Rocketdyne, MOOG, Northrop Grumman, Safran Group, Mitsubishi Heavy Industries, Blue Origin, Avio, and Yuzhnoye. These companies innovate propulsion technologies, enhance performance, and reduce costs, driving market growth. Sales revenue figures include:
- Aerojet Rocketdyne: ~$1.6 billion
- Northrop Grumman: ~$36.6 billion
- Safran Group: ~$22.9 billion
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Market Segmentation
By Application
Single-stage Rocket
Multi-stage Rocket
By Product
◍ Solid Fuel Chemical Propulsion
Liquid Fuel Chemical Propulsion
Cold-gas Chemical Propulsion
Others
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Market Growth
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$ X Billion USD
