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Global Rocket Engine Market Research Report 2026(Status and Outlook)

Publisher Bosson Research
Published Jan 11, 2026
Length 141 Pages
SKU # BOSS20846338

Description

Report Overview

A rocket engine is a propulsion system that generates thrust by expelling high-temperature, high-pressure gases produced from the chemical reaction between fuel and an oxidizer. It operates in low-pressure or vacuum environments, such as outer space, and is the core power unit of a rocket, enabling it to overcome Earth's gravity and reach the desired orbit or velocity.The global rocket engine market is expected to grow steadily from 2025 to 2030. The core drivers of this growth include the explosive growth of commercial space activities, the accelerated deployment of satellite Internet constellations, the increase in deep space exploration missions, and the emphasis of various countries on national security and strategic autonomy. However, the market shows obvious regional differences and differentiation of technical paths: the North American market is becoming more mature but the growth rate is slowing down. In the future, with the development of recyclable technology, the market size has a downward trend, while Asia-Pacific and Europe are rapidly expanding based on emerging demand and policy support, and the regional competition pattern is further complicated.From the perspective of technical routes, reusable engines (such as SpaceX's Raptor series and Blue Origin's BE-4) have gradually become mainstream, driving down launch costs; at the same time, in response to the global carbon neutrality goal, environmentally friendly technologies such as liquid oxygen and methane and green propellants are accelerating penetration. Traditional liquid oxygen and kerosene engines (such as Russia's RD-180 and China's YF-100) still occupy an important position in the field of low cost and high reliability, while hydrogen and oxygen engines (such as Europe's Vulcain and Japan's LE-9) still play an irreplaceable role in high-performance missions.The North American market size is $1.29 billion in 2024, and is expected to reach $1.637 billion in 2025 and $1.52 billion in 2031, with a CAGR of -1.23%. This negative growth reflects the involutionary characteristics of the market after it has become relatively mature. SpaceX has monopolized nearly 70% of the global launch market share with its reusable technology, forcing traditional suppliers (such as Aerojet Rocketdyne and Northrop Grumman) to transform to low-cost solutions, putting profit margins under pressure. The market size in the Asia-Pacific region will reach $2.77 billion in 2024 (accounting for 54.4% of the world) and will soar to $4.47 billion in 2031, with a CAGR of 7.72%, becoming the core engine of global growth. China Aerospace Science and Technology Corporation (CASC) has achieved independent control of the entire engine industry chain through the Long March series of rockets. The YF-100 (liquid oxygen kerosene) and YF-77 (hydrogen and oxygen) engines support low-Earth orbit and deep space exploration missions. On the policy side, the ""14th Five-Year Plan"" space plan clearly promotes the development of heavy rockets and reusable technologies, further releasing market potential. At the same time, commercial aerospace in the Asia-Pacific region has exploded, and satellite constellation plans (such as China's ""Hongyan"" and South Korea's ""Hanxing"") have spawned demand for small and medium-sized rockets, driving the market expansion of low-cost engines (such as solid engines and small liquid engines). In 2024, the world's top five companies (China Aerospace Science and Technology Corporation, Kuznetsov, SpaceX, Aerojet Rocketdyne, and NPO Energomash) will account for a total of 83.64% of revenue share. The market concentration is high, but the competition dimension presents new characteristics. SpaceX, with the ""Raptor"" engine as its core, has reduced costs to 1/10 of traditional engines through vertical integration and large-scale mass production, subverting industry pricing rules. Emerging companies (such as Rocket Lab's Rutherford engine and Blue Origin's BE-4) have entered the market segment through technologies such as 3D printing and intelligent manufacturing.The global rocket engine market is in a period of profound changes in technology routes, regional patterns, and business models. In the short term, leading enterprises rely on scale effects and policy barriers to maintain their dominant position; in the medium and long term, innovations such as reusability, green promotion, and intelligent manufacturing will reshape industry rules. For participants, building technological autonomy, optimizing supply chain resilience, and expanding commercial application scenarios will become the key to winning the future.

The global Rocket Engine market size was estimated at USD 5091.0 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 6.30% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Rocket Engine market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Rocket Engine market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Rocket Engine market.

Global Rocket Engine Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

CASC

JSC Kuznetsov

Space X

Aerojet Rocketdyne

NPO Energomash

Northrop Grumman

Mitsubishi Heavy Industries

MTAR Technologies

IHI Corporation

Rocket Lab

ArianeGroup

Market Segmentation (by Type)

Liquid Rocket Engine

Solid Rocket Engine

Market Segmentation (by Application)

Non-reusable Rockets

Reusable Rocket

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Rocket Engine Market

Overview of the regional outlook of the Rocket Engine Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Rocket Engine Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Rocket Engine, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

141 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Rocket Engine
1.2 Key Market Segments
1.2.1 Rocket Engine Segment by Type
1.2.2 Rocket Engine Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Rocket Engine Market Overview
2.1 Global Market Overview
2.1.1 Global Rocket Engine Market Size (M USD) Estimates and Forecasts (2020-2035)
2.1.2 Global Rocket Engine Sales Estimates and Forecasts (2020-2035)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Rocket Engine Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Rocket Engine Product Life Cycle
3.3 Global Rocket Engine Sales by Manufacturers (2020-2025)
3.4 Global Rocket Engine Revenue Market Share by Manufacturers (2020-2025)
3.5 Rocket Engine Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Rocket Engine Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Rocket Engine Market Competitive Situation and Trends
3.8.1 Rocket Engine Market Concentration Rate
3.8.2 Global 5 and 10 Largest Rocket Engine Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Rocket Engine Industry Chain Analysis
4.1 Rocket Engine Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Rocket Engine Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Rocket Engine Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Rocket Engine Market
5.7 ESG Ratings of Leading Companies
6 Rocket Engine Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Rocket Engine Sales Market Share by Type (2020-2025)
6.3 Global Rocket Engine Market Size by Type (2020-2025)
6.4 Global Rocket Engine Price by Type (2020-2025)
7 Rocket Engine Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Rocket Engine Market Sales by Application (2020-2025)
7.3 Global Rocket Engine Market Size (M USD) by Application (2020-2025)
7.4 Global Rocket Engine Sales Growth Rate by Application (2020-2025)
8 Rocket Engine Market Sales by Region
8.1 Global Rocket Engine Sales by Region
8.1.1 Global Rocket Engine Sales by Region
8.1.2 Global Rocket Engine Sales Market Share by Region
8.2 Global Rocket Engine Market Size by Region
8.2.1 Global Rocket Engine Market Size by Region
8.2.2 Global Rocket Engine Market Size by Region
8.3 North America
8.3.1 North America Rocket Engine Sales by Country
8.3.2 North America Rocket Engine Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Rocket Engine Sales by Country
8.4.2 Europe Rocket Engine Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Rocket Engine Sales by Region
8.5.2 Asia Pacific Rocket Engine Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Rocket Engine Sales by Country
8.6.2 South America Rocket Engine Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Rocket Engine Sales by Region
8.7.2 Middle East and Africa Rocket Engine Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Rocket Engine Market Production by Region
9.1 Global Production of Rocket Engine by Region(2020-2025)
9.2 Global Rocket Engine Revenue Market Share by Region (2020-2025)
9.3 Global Rocket Engine Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Rocket Engine Production
9.4.1 North America Rocket Engine Production Growth Rate (2020-2025)
9.4.2 North America Rocket Engine Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Rocket Engine Production
9.5.1 Europe Rocket Engine Production Growth Rate (2020-2025)
9.5.2 Europe Rocket Engine Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Rocket Engine Production (2020-2025)
9.6.1 Japan Rocket Engine Production Growth Rate (2020-2025)
9.6.2 Japan Rocket Engine Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Rocket Engine Production (2020-2025)
9.7.1 China Rocket Engine Production Growth Rate (2020-2025)
9.7.2 China Rocket Engine Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 CASC
10.1.1 CASC Basic Information
10.1.2 CASC Rocket Engine Product Overview
10.1.3 CASC Rocket Engine Product Market Performance
10.1.4 CASC Business Overview
10.1.5 CASC SWOT Analysis
10.1.6 CASC Recent Developments
10.2 JSC Kuznetsov
10.2.1 JSC Kuznetsov Basic Information
10.2.2 JSC Kuznetsov Rocket Engine Product Overview
10.2.3 JSC Kuznetsov Rocket Engine Product Market Performance
10.2.4 JSC Kuznetsov Business Overview
10.2.5 JSC Kuznetsov SWOT Analysis
10.2.6 JSC Kuznetsov Recent Developments
10.3 Space X
10.3.1 Space X Basic Information
10.3.2 Space X Rocket Engine Product Overview
10.3.3 Space X Rocket Engine Product Market Performance
10.3.4 Space X Business Overview
10.3.5 Space X SWOT Analysis
10.3.6 Space X Recent Developments
10.4 Aerojet Rocketdyne
10.4.1 Aerojet Rocketdyne Basic Information
10.4.2 Aerojet Rocketdyne Rocket Engine Product Overview
10.4.3 Aerojet Rocketdyne Rocket Engine Product Market Performance
10.4.4 Aerojet Rocketdyne Business Overview
10.4.5 Aerojet Rocketdyne Recent Developments
10.5 NPO Energomash
10.5.1 NPO Energomash Basic Information
10.5.2 NPO Energomash Rocket Engine Product Overview
10.5.3 NPO Energomash Rocket Engine Product Market Performance
10.5.4 NPO Energomash Business Overview
10.5.5 NPO Energomash Recent Developments
10.6 Northrop Grumman
10.6.1 Northrop Grumman Basic Information
10.6.2 Northrop Grumman Rocket Engine Product Overview
10.6.3 Northrop Grumman Rocket Engine Product Market Performance
10.6.4 Northrop Grumman Business Overview
10.6.5 Northrop Grumman Recent Developments
10.7 Mitsubishi Heavy Industries
10.7.1 Mitsubishi Heavy Industries Basic Information
10.7.2 Mitsubishi Heavy Industries Rocket Engine Product Overview
10.7.3 Mitsubishi Heavy Industries Rocket Engine Product Market Performance
10.7.4 Mitsubishi Heavy Industries Business Overview
10.7.5 Mitsubishi Heavy Industries Recent Developments
10.8 MTAR Technologies
10.8.1 MTAR Technologies Basic Information
10.8.2 MTAR Technologies Rocket Engine Product Overview
10.8.3 MTAR Technologies Rocket Engine Product Market Performance
10.8.4 MTAR Technologies Business Overview
10.8.5 MTAR Technologies Recent Developments
10.9 IHI Corporation
10.9.1 IHI Corporation Basic Information
10.9.2 IHI Corporation Rocket Engine Product Overview
10.9.3 IHI Corporation Rocket Engine Product Market Performance
10.9.4 IHI Corporation Business Overview
10.9.5 IHI Corporation Recent Developments
10.10 Rocket Lab
10.10.1 Rocket Lab Basic Information
10.10.2 Rocket Lab Rocket Engine Product Overview
10.10.3 Rocket Lab Rocket Engine Product Market Performance
10.10.4 Rocket Lab Business Overview
10.10.5 Rocket Lab Recent Developments
10.11 ArianeGroup
10.11.1 ArianeGroup Basic Information
10.11.2 ArianeGroup Rocket Engine Product Overview
10.11.3 ArianeGroup Rocket Engine Product Market Performance
10.11.4 ArianeGroup Business Overview
10.11.5 ArianeGroup Recent Developments
11 Rocket Engine Market Forecast by Region
11.1 Global Rocket Engine Market Size Forecast
11.2 Global Rocket Engine Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Rocket Engine Market Size Forecast by Country
11.2.3 Asia Pacific Rocket Engine Market Size Forecast by Region
11.2.4 South America Rocket Engine Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Rocket Engine by Country
12 Forecast Market by Type and by Application (2026-2035)
12.1 Global Rocket Engine Market Forecast by Type (2026-2035)
12.1.1 Global Forecasted Sales of Rocket Engine by Type (2026-2035)
12.1.2 Global Rocket Engine Market Size Forecast by Type (2026-2035)
12.1.3 Global Forecasted Price of Rocket Engine by Type (2026-2035)
12.2 Global Rocket Engine Market Forecast by Application (2026-2035)
12.2.1 Global Rocket Engine Sales (K Units) Forecast by Application
12.2.2 Global Rocket Engine Market Size (M USD) Forecast by Application (2026-2035)
13 Conclusion and Key Findings
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