The Rocket Propulsion market was valued at USD 3.35 billion in 2017 and is projected to reach USD 6.36 billion by 2023, at a CAGR of 8.50% during the forecast period. The objective of this study is to analyze, define, describe, and forecast the rocket propulsion market based on type, propulsion type, orbit, component, launch vehicle type, end user, and region. The report also focuses on providing a detailed competitive landscape of the rocket propulsion market. It profiles key market players, highlighting their financial positions, product portfolios, and growth strategies, and analyzes their core competencies and market shares to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as partnerships, acquisitions, new product developments, and supply contracts in the rocket propulsion market. The base year considered for this study is 2017 and the forecast period is from 2018 to 2023. Secondary Research Market shares for companies in the rocket propulsion market have been determined on the basis of secondary data made available through paid and unpaid sources and analysis of product portfolios of major companies, and rating them on the basis of performance and quality of products. These data points have been further validated by primary sources. The secondary sources referred for this research study included corporate filings, such as annual reports, investor presentations, financial statements, and trade, business, and professional associations, among others. The secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated by primary respondents. Primary Research Extensive primary research has been conducted after acquiring knowledge about the rocket propulsion market scenario through secondary research. Several primary interviews have been conducted with market experts from both, demand- and supply-sides across major countries in North America, Europe, Middle East, and Asia Pacific. The primary data has been collected through questionnaires, mails, and telephonic interviews. To know about the assumptions considered for the study, download the pdf brochure Market Size Estimation Both, top-down and bottom-up approaches have been used to estimate and validate the size of the rocket propulsion market. The figures depicted below offer a representation of the overall market size estimation process employed for the purpose of this study. The research methodology used to estimate the market size also includes the following details: Key players in the industry and market have been identified through extensive secondary research. This included a study of annual and financial reports of top market players and extensive interviews with leaders, including CEOs, directors, and marketing executives. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. Data Triangulation After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for market segments and subsegments, data triangulation and market breakdown procedures explained below have been implemented, wherever applicable. The data has been triangulated by studying various factors and trends from both, the demand- and supply-sides. Along with this, the market size has been validated using both, top-down and bottom-up approaches. Full Report @ https://www.marketsandmarkets.com/Market-Reports/rocket-propulsion-market-131843671.html
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