A solid rocket engine, also known as a solid rocket motor, is a type of rocket propulsion system that uses solid propellants to produce thrust.

The global Solid Rocket Engine market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the “Solid Rocket Engine Industry Forecast” looks at past sales and reviews total world Solid Rocket Engine sales in 2023, providing a comprehensive analysis by region and market sector of projected Solid Rocket Engine sales for 2024 through 2030. With Solid Rocket Engine sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis in US$ millions of the world Solid Rocket Engine industry.

This Insight Report provides a comprehensive analysis of the global Solid Rocket Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest developments, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solid Rocket Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solid Rocket Engine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solid Rocket Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solid Rocket Engine.

According to types, the most proportion of the Rocket Engine is Liquid Rocket Engine, taking about 93% sales share of the global market in 2019. The most proportion of Rocket Engine is used for Defense & Civil and the proportion is about 85% in 2019. China is the major consumption region of the global market, which takes about 30% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of the Solid Rocket Engine market by product type, application, key manufacturers, and key regions and countries.

• Segmentation by Type:
1. Large Solid Rocket Engine
2. Small and Medium Solid Rocket Engine

• Segmentation by Application:
1. Military
2. Civil

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, and its market penetration.

• Xi’an Aerospace Propulsion
• Voronezh Mechanical Plant
• Aerojet Rocketdyne
• Space X
• JSC Kuznetsov
• ArianeGroup
• Mitsubishi Heavy Industries
• MTAR Technologies
• NPO Energomash
• IHI Corporation
• Yuzhmash
• Rocket Lab

Key Questions Addressed in this Report:

• What is the 10-year outlook for the global Solid Rocket Engine market?
• What factors are driving Solid Rocket Engine market growth, globally and by region?
• Which technologies are poised for the fastest growth by market and region?
• How do Solid Rocket Engine market opportunities vary by end market size?
• How does Solid Rocket Engine break out by Type, by Application?