Solid Rocket Motors Market Growth, Size, Trends Analysis - By Platform, By End User, By Component - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Solid Rocket Motors Market Introduction and Overview

According to SPER market research, 'Global Solid Rocket Motors Market Growth, Size, Trends Analysis - By Platform, By End User, By Component - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Solid Rocket Motors Market is predicted to reach 14.94 billion by 2034 with a CAGR of 8.35%.

Solid rocket motors are important in aerospace and defense due to their dependability and high thrust. Unlike liquid rocket engines, they have a pre-loaded propellant that burns fully, making them easy to design and run. Their simplicity makes them excellent for missions requiring quick deployment and minimum maintenance. They are critical for missiles employed in strategic deterrent and tactical operations, providing dependable performance in harsh environments.

The high development costs of solid rocket motors, which are mostly caused by intricate engineering, extremely specialized materials, and stringent testing to guarantee performance, safety, and dependability, are a substantial barrier to the market. It is an essential component of the technology used in space launch vehicles, tactical missiles, and defense. Nevertheless, researching and developing technologies for infrastructure comes at a high cost, making it hard for startups or smaller businesses to compete with these businesses.

Scope of the Report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Platform, By End User, By Component.

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

Companies Covered

Northrop Grumman, Nammo AS, L3Harris Technologies Inc, China Aerospace Science and Technology corporation, IHI Corporation, Rafael Advanced Defense Systems Ltd, Kratos Defense & Security Solutions, Anduril Industries, United Launch Alliance, Mitsubishi Heavy Industries Ltd.

Solid Rocket Motors Market Segmentation:

By Platform: Based on the Platform, Global Solid Rocket Motors Market is segmented as; Missiles, Rocket Artillery, Space Launch Vehicles.

By End User: Based on the End User, Global Solid Rocket Motors Market is segmented as; Government & Defense, Commercial.

By Component: Based on the Component, Global Solid Rocket Motors Market is segmented as; Propellants, Nozzle, Igniter, Motor Casing.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: AERO2502

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Solid Rocket Motors Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Solid Rocket Motors Market

7. Global Solid Rocket Motors Market, By Platform (USD Million) 2021-2034

7.1. Missiles
7.2. Rocket Artillery
7.3. Space Launch Vehicles

8. Global Solid Rocket Motors Market, By End User (USD Million) 2021-2034

8.1. Government & Defense
8.2. Commercial

9. Global Solid Rocket Motors Market, By Component (USD Million) 2021-2034

9.1. Propellants
9.2. Nozzle
9.3. Igniter
9.4. Motor Casing

10. Global Solid Rocket Motors Market (USD Million) 2021-2034

10.1. Global Solid Rocket Motors Market Size and Market Share

11. Global Solid Rocket Motors Market, By Region (USD Million) 2021-2034

11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America

12. Company Profile

12.1. Northrop Grumman
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. Nammo AS
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. L3Harris Technologies Inc
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. China Aerospace Science and Technology corporation
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. IHI Corporation
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. Rafael Advanced Defense Systems Ltd
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. Kratos Defense & Security Solutions
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. Anduril Industries
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
12.9. United Launch Alliance
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
12.10. Mitsubishi Heavy Industries Ltd
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
12.11. Others