Major rocket propulsion market players include SpaceX, Rocket Lab USA, Blue Origin, China Great Wall Industry Corporation, IHI Corporation, Space Exploration Technologies Corporation, Aerojet Rocketdyne, Mitsubishi Heavy Industries, Ltd., Antrix Corporation, NPO Energomash, NASA, Virgin Galactic, and Lockheed Martin.
updated: Aug 9, 2021
August 9, 2021 (Newswire.com) –
The rocket propulsion market is anticipated to record a valuation of USD 8 billion by 2027, according to the most recent study by Global Market Insights Inc. The positive market outlook can be attributed to rising R&D expenditures for the development of launch vehicles both from government and private players. Citing an instance for the same, Skyroot Aerospace, an Indian aerospace manufacturer and commercial launch service provider, announced…