Global Rocket Hybrid Propulsion Market Size study, by Type by Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary Earth Orbit, Beyond Geosynchronous Orbit ), by Component by Vehicle Type, by End User and Regional Forecasts 2022-2032

Description

List of Tables

Global Rocket Hybrid Propulsion Market is valued at approximately USD 6.3 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.70% over the forecast period 2024-2032. A rocket hybrid propulsion is intended for rockets and works with propellants in two distinct states of matter, one as a solid and the other as a gas or liquid. Hybrid rockets minimize some of the drawbacks of both solid and liquid rockets, including the risks associated with propellant handling and mechanical complexity. Hybrid rocket motors, in comparison to liquid rocket engines, provide more throttleable thrust and simple shutdown mechanisms. A hybrid rocket typically consists of a combustion chamber filled with solid propellant, a valve separating the two, and a pressure vessel (tank) holding liquid propellant. The valve is opened and an appropriate ignition is introduced into the combustion chamber when thrust is intended. After entering the combustion chamber, the liquid propellant vaporizes and combines with the solid propellant in a reaction. Moreover, combustion takes place in a boundary layer diffusion flame that is situated next to the solid propellant's surface. Trend such as innovations in fuel formulations and improvements in hardware such as pumps and nozzles are enhancing the performance and reliability of hybrid rockets. Thus, this trend anticipated to further drive demand for the Global Rocket Hybrid Propulsion Market during the forecast period 2024-2032.

The global rocket hybrid propulsion market is witnessing a surge in demand driven by the increasing number of space exploration missions worldwide. Space agencies, commercial entities, and research institutions are get on ambitious space exploration endeavors, including lunar exploration, Mars missions, and deep-space exploration. Hybrid propulsion systems offer several advantages that cater to the requirements of these missions, including reliability, versatility, and cost-effectiveness. With their ability to provide a balance between safety, efficiency, and flexibility, hybrid propulsion systems have become an attractive choice for a wide range of space exploration initiatives. Additionally, the rising interest in small satellite missions, CubeSats, and microgravity research projects further contributes to the demand for hybrid propulsion systems, as they offer economical solutions for launching and guiding these payloads in space. Thus, the increase in space exploration expected to experience significant growth during the forecast period 2024-2032. However, lack of measures for disposal of orbital debris and a complexity in technology stifle market growth between 2024-2032.

The key regions considered for the Global Rocket Hybrid Propulsion market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue. North America, particularly the United States, is consists a thriving commercial space industry. Companies such as SpaceX, Blue Origin, and Rocket Lab are pioneering the use of hybrid propulsion technology in their launch vehicles. These companies are driving innovation and competition in the market, leading to advancements in hybrid propulsion systems. The United States NASA and other government space agencies are also exploring hybrid propulsion technology for various applications, including satellite launches, scientific missions, and exploration beyond Earth orbit. Government contracts and funding support research and development efforts in this area. Thus, driving demand for the Rocket Hybrid Propulsion Market across the region. Whereas, the market in Asia Pacific is expected to develop at the fastest rate over the forecast period.

Major market players included in this report are:

HyPrSpace
Nammo AS
China Aerospace Science and Technology Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
Indian Space Research Organisation (ISRO)
Environmental Aeroscience Corporation
HyImpulse Technologies GmbH
Virgin Galactic Holdings, Inc.
Pulsar Fusion

The detailed segments and sub-segment of the market are explained below:

By Type

Rocket Motor
Rocket Engine

By Orbit

Low Earth Orbit (LEO)
Medium Earth Orbit (MEO)
Geostationary Earth Orbit (GEO)
Beyond Geosynchronous Orbit (BGEO)

By Component

Motor Casing
Nozzle
Igniter Hardware
Turbo Pump
Propellant
Others

By Vehicle Type

Manned
Unmanned

By End User

Military and Government
Commercial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Rocket Hybrid Propulsion Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Rocket Hybrid Propulsion Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By Orbit
- 2.3.3. By Component
- 2.3.4. By Vehicle Type
- 2.3.5. By End User
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Rocket Hybrid Propulsion Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Rocket Hybrid Propulsion Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Rocket Hybrid Propulsion Market Size & Forecasts by Type 2022-2032

5.1. Rocket Motor
5.2. Rocket Engine

Chapter 6. Global Rocket Hybrid Propulsion Market Size & Forecasts by Orbit 2022-2032

6.1. Low Earth Orbit (LEO)
6.2. Medium Earth Orbit (MEO)
6.3. Geostationary Earth Orbit (GEO)
6.4. Beyond Geosynchronous Orbit (BGEO)

Chapter 7. Global Rocket Hybrid Propulsion Market Size & Forecasts by Component 2022-2032

7.1. Motor Casing
7.2. Nozzle
7.3. Igniter Hardware
7.4. Turbo Pump
7.5. Propellant
7.6. Others

Chapter 8. Global Rocket Hybrid Propulsion Market Size & Forecasts by Vehicle Type 2022-2032

8.1. Manned
8.2. Unmanned

Chapter 9. Global Rocket Hybrid Propulsion Market Size & Forecasts by End User 2022-2032

9.1. Military and Government
9.2. Commercial

Chapter 10. Global Rocket Hybrid Propulsion Market Size & Forecasts by Region 2022-2032

10.1. North America Rocket Hybrid Propulsion Market
- 10.1.1. U.S. Rocket Hybrid Propulsion Market
  - 10.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 10.1.1.2. Orbit breakdown size & forecasts, 2022-2032
  - 10.1.1.3. Component breakdown size & forecasts, 2022-2032
  - 10.1.1.4. Vehicle Type breakdown size & forecasts, 2022-2032
  - 10.1.1.5. End User breakdown size & forecasts, 2022-2032
- 10.1.2. Canada Rocket Hybrid Propulsion Market
10.2. Europe Rocket Hybrid Propulsion Market
- 10.2.1. U.K. Rocket Hybrid Propulsion Market
- 10.2.2. Germany Rocket Hybrid Propulsion Market
- 10.2.3. France Rocket Hybrid Propulsion Market
- 10.2.4. Spain Rocket Hybrid Propulsion Market
- 10.2.5. Italy Rocket Hybrid Propulsion Market
- 10.2.6. Rest of Europe Rocket Hybrid Propulsion Market
10.3. Asia-Pacific Rocket Hybrid Propulsion Market
- 10.3.1. China Rocket Hybrid Propulsion Market
- 10.3.2. India Rocket Hybrid Propulsion Market
- 10.3.3. Japan Rocket Hybrid Propulsion Market
- 10.3.4. Australia Rocket Hybrid Propulsion Market
- 10.3.5. South Korea Rocket Hybrid Propulsion Market
- 10.3.6. Rest of Asia Pacific Rocket Hybrid Propulsion Market
10.4. Latin America Rocket Hybrid Propulsion Market
- 10.4.1. Brazil Rocket Hybrid Propulsion Market
- 10.4.2. Mexico Rocket Hybrid Propulsion Market
- 10.4.3. Rest of Latin America Rocket Hybrid Propulsion Market
10.5. Middle East & Africa Rocket Hybrid Propulsion Market
- 10.5.1. Saudi Arabia Rocket Hybrid Propulsion Market
- 10.5.2. South Africa Rocket Hybrid Propulsion Market
- 10.5.3. Rest of Middle East & Africa Rocket Hybrid Propulsion Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. HyPrSpace
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Market Strategies
- 11.3.2. Nammo AS
- 11.3.3. China Aerospace Science and Technology Corporation
- 11.3.4. Northrop Grumman Corporation
- 11.3.5. Raytheon Technologies Corporation
- 11.3.6. Indian Space Research Organisation (ISRO)
- 11.3.7. Environmental Aeroscience Corporation
- 11.3.8. HyImpulse Technologies GmbH
- 11.3.9. Virgin Galactic Holdings, Inc.
- 11.3.10. Pulsar Fusion

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Rocket Hybrid Propulsion market, report scope
TABLE 2. Global Rocket Hybrid Propulsion market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Rocket Hybrid Propulsion market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 4. Global Rocket Hybrid Propulsion market estimates & forecasts by Orbit 2022-2032 (USD Billion)
TABLE 5. Global Rocket Hybrid Propulsion market estimates & forecasts by Component 2022-2032 (USD Billion)
TABLE 6. Global Rocket Hybrid Propulsion market estimates & forecasts by Vehicle Type 2022-2032 (USD Billion)
TABLE 7. Global Rocket Hybrid Propulsion market estimates & forecasts by End User 2022-2032 (USD Billion)
TABLE 8. Global Rocket Hybrid Propulsion market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Rocket Hybrid Propulsion market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Rocket Hybrid Propulsion market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Rocket Hybrid Propulsion market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Rocket Hybrid Propulsion market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Rocket Hybrid Propulsion market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Rocket Hybrid Propulsion market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Global Rocket Hybrid Propulsion market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. Global Rocket Hybrid Propulsion market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. Global Rocket Hybrid Propulsion market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 18. U.S. Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. U.S. Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. U.S. Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Canada Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. Canada Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. Canada Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. UK Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. UK Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. UK Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Germany Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. Germany Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. Germany Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. France Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. France Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. France Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Italy Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 34. Italy Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. Italy Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. Spain Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 37. Spain Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. Spain Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. RoE Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 40. RoE Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. RoE Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. China Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 43. China Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. China Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. India Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 46. India Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. India Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Japan Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 49. Japan Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. Japan Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. Australia Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 52. Australia Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53. Australia Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54. South Korea Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 55. South Korea Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 56. South Korea Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57.
TABLE 58. RoAPAC Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 59. RoAPAC Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. RoAPAC Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Brazil Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 62. Brazil Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. Brazil Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. Mexico Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 65. Mexico Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. Mexico Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. RoLA Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. RoLA Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 69. RoLA Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 70. Saudi Arabia Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 71. Saudi Arabia Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 72. Saudi Arabia Rocket Hybrid Propulsion market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 73. South Africa Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74.
TABLE 75. South Africa Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. South Africa Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. RoMEA Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 78. RoMEA Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 79. RoMEA Rocket Hybrid Propulsion market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 80. List of secondary sources, used in the study of Global Rocket Hybrid Propulsion Market.
TABLE 81. List of primary sources, used in the study of Global Rocket Hybrid Propulsion Market.
TABLE 82. Years considered for the study.
TABLE 83. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Rocket Hybrid Propulsion market, research methodology
FIG 2. Global Rocket Hybrid Propulsion market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Rocket Hybrid Propulsion market, key trends 2023
FIG 5. Global Rocket Hybrid Propulsion market, growth prospects 2022-2032
FIG 6. Global Rocket Hybrid Propulsion market, porters 5 force model
FIG 7. Global Rocket Hybrid Propulsion market, pestel analysis
FIG 8. Global Rocket Hybrid Propulsion market, value chain analysis
FIG 9. Global Rocket Hybrid Propulsion market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Rocket Hybrid Propulsion market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Rocket Hybrid Propulsion market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Rocket Hybrid Propulsion market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Rocket Hybrid Propulsion market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Rocket Hybrid Propulsion market, regional snapshot 2022 & 2032
FIG 15. North America Rocket Hybrid Propulsion market 2022 & 2032 (USD Billion)
FIG 16. Europe Rocket Hybrid Propulsion market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Rocket Hybrid Propulsion market 2022 & 2032 (USD Billion)
FIG 18. Latin America Rocket Hybrid Propulsion market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Rocket Hybrid Propulsion market 2022 & 2032 (USD Billion)
FIG 20. Global Rocket Hybrid Propulsion market, company market share analysis (2023)