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The increasing number of rocket launches is expected to drive the growth of the rocket engine market in the coming years, as per The Business Research Company’s rocket engines market opportunities and strategies report

The rocket engines market size reached a value of nearly $4.51 billion in 2025 at a rate of 2.6%. The global rocket engines market size is then expected to grow at a CAGR of 4.7% from 2025 and reach $7.45 billion in 2030.

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Major players in the rocket engines market include Aerojet Rocketdyne Holdings, Inc., Space Exploration, Technologies Corp., Northrop Grumman Corporation, Mitsubishi Heavy Industries, Ltd., Blue Origin, LLC.

Rocket engine manufacturers have started adopting the use of the 3D printer for creating the engines. 3D printing involves laying down multiple thin layers of resin to create self-supporting structures. 3D printing technology allows manufacturers to attain higher flexibility while designing and reducing production time and manufacturing costs.

The Global Rocket Engines Market Is Segmented:
By Type: Physically Powered, Chemically Powered, Electrically Powered, Thermal, Nuclear Rocket Engines

By Product Type: Liquid Rocket Engines, Solid Rocket Engines

By Application: Spacecraft, Ballistic Missiles, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Rocket Engines Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Rocket Engines Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough rocket engines market research, analyzes and forecasts rocket engines market size, rocket engines market share, rocket engines market players, rocket engines market trends, rocket engines market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s rocket engines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The rocket engines market consists of the sales of rocket engines and related services by entities (organizations, sole traders, or partnerships) that produce rocket engines. A rocket engine is a component of a propulsion system that uses the combustion of reactive chemicals to supply the necessary energy to run the rocket or spacecraft

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