Global Solid Rocket Motors Market Growth 2025-2031

Publication ID:

LPI02258728

Publication Date:

February 19, 2025

Pages:

110

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Solid Rocket Motors market size is predicted to grow from US$ 854 million in 2025 to US$ 1171 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.
Solid Rocket Motors (SRMs) are a type of rocket engine that use solid propellants to generate thrust. Unlike liquid rocket engines, which rely on the combustion of liquid fuels and oxidizers, solid rocket motors use a solid mixture of fuel and oxidizer that burns in a controlled manner to produce the energy required for propulsion. The combination of fuel and oxidizer in solid propellant is chemically designed to release a large amount of energy when ignited.
United States market for Solid Rocket Motors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Solid Rocket Motors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Solid Rocket Motors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Solid Rocket Motors players cover Northrop Grumman, Nammo AS, L3Harris Technologies, China Aerospace Science and Technology, IHI Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淪olid Rocket Motors Industry Forecast鈥� looks at past sales and reviews total world Solid Rocket Motors sales in 2024, providing a comprehensive analysis by region and market sector of projected Solid Rocket Motors sales for 2025 through 2031. With Solid Rocket Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solid Rocket Motors industry.
This Insight Report provides a comprehensive analysis of the global Solid Rocket Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solid Rocket Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Solid Rocket Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solid Rocket Motors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solid Rocket Motors.
This report presents a comprehensive overview, market shares, and growth opportunities of Solid Rocket Motors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Missiles
Rockets
Space Launch Vehicles
Segmentation by Application:
Government and Defense
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Northrop Grumman
Nammo AS
L3Harris Technologies
China Aerospace Science and Technology
IHI Corporation
Rafael Advanced Systems
Kratos Defense & Security Solutions
Anduril Industries
United Launch Alliance
Mitsubishi Heavy Industries
URSA
Avio spa
Roxel Group
NOF Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solid Rocket Motors market?
What factors are driving Solid Rocket Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solid Rocket Motors market opportunities vary by end market size?
How does Solid Rocket Motors break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solid Rocket Motors Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Solid Rocket Motors by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Solid Rocket Motors by Country/Region, 2020, 2024 & 2031
2.2 Solid Rocket Motors Segment by Type
2.2.1 Missiles
2.2.2 Rockets
2.2.3 Space Launch Vehicles
2.3 Solid Rocket Motors Sales by Type
2.3.1 Global Solid Rocket Motors Sales Market Share by Type (2020-2025)
2.3.2 Global Solid Rocket Motors Revenue and Market Share by Type (2020-2025)
2.3.3 Global Solid Rocket Motors Sale Price by Type (2020-2025)
2.4 Solid Rocket Motors Segment by Application
2.4.1 Government and Defense
2.4.2 Commercial
2.5 Solid Rocket Motors Sales by Application
2.5.1 Global Solid Rocket Motors Sale Market Share by Application (2020-2025)
2.5.2 Global Solid Rocket Motors Revenue and Market Share by Application (2020-2025)
2.5.3 Global Solid Rocket Motors Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Solid Rocket Motors Breakdown Data by Company
3.1.1 Global Solid Rocket Motors Annual Sales by Company (2020-2025)
3.1.2 Global Solid Rocket Motors Sales Market Share by Company (2020-2025)
3.2 Global Solid Rocket Motors Annual Revenue by Company (2020-2025)
3.2.1 Global Solid Rocket Motors Revenue by Company (2020-2025)
3.2.2 Global Solid Rocket Motors Revenue Market Share by Company (2020-2025)
3.3 Global Solid Rocket Motors Sale Price by Company
3.4 Key Manufacturers Solid Rocket Motors Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Solid Rocket Motors Product Location Distribution
3.4.2 Players Solid Rocket Motors Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Solid Rocket Motors by Geographic Region
4.1 World Historic Solid Rocket Motors Market Size by Geographic Region (2020-2025)
4.1.1 Global Solid Rocket Motors Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Solid Rocket Motors Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Solid Rocket Motors Market Size by Country/Region (2020-2025)
4.2.1 Global Solid Rocket Motors Annual Sales by Country/Region (2020-2025)
4.2.2 Global Solid Rocket Motors Annual Revenue by Country/Region (2020-2025)
4.3 Americas Solid Rocket Motors Sales Growth
4.4 APAC Solid Rocket Motors Sales Growth
4.5 Europe Solid Rocket Motors Sales Growth
4.6 Middle East & Africa Solid Rocket Motors Sales Growth
5 Americas
5.1 Americas Solid Rocket Motors Sales by Country
5.1.1 Americas Solid Rocket Motors Sales by Country (2020-2025)
5.1.2 Americas Solid Rocket Motors Revenue by Country (2020-2025)
5.2 Americas Solid Rocket Motors Sales by Type (2020-2025)
5.3 Americas Solid Rocket Motors Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solid Rocket Motors Sales by Region
6.1.1 APAC Solid Rocket Motors Sales by Region (2020-2025)
6.1.2 APAC Solid Rocket Motors Revenue by Region (2020-2025)
6.2 APAC Solid Rocket Motors Sales by Type (2020-2025)
6.3 APAC Solid Rocket Motors Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Solid Rocket Motors by Country
7.1.1 Europe Solid Rocket Motors Sales by Country (2020-2025)
7.1.2 Europe Solid Rocket Motors Revenue by Country (2020-2025)
7.2 Europe Solid Rocket Motors Sales by Type (2020-2025)
7.3 Europe Solid Rocket Motors Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solid Rocket Motors by Country
8.1.1 Middle East & Africa Solid Rocket Motors Sales by Country (2020-2025)
8.1.2 Middle East & Africa Solid Rocket Motors Revenue by Country (2020-2025)
8.2 Middle East & Africa Solid Rocket Motors Sales by Type (2020-2025)
8.3 Middle East & Africa Solid Rocket Motors Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Solid Rocket Motors
10.3 Manufacturing Process Analysis of Solid Rocket Motors
10.4 Industry Chain Structure of Solid Rocket Motors
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Solid Rocket Motors Distributors
11.3 Solid Rocket Motors Customer
12 World Forecast Review for Solid Rocket Motors by Geographic Region
12.1 Global Solid Rocket Motors Market Size Forecast by Region
12.1.1 Global Solid Rocket Motors Forecast by Region (2026-2031)
12.1.2 Global Solid Rocket Motors Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Solid Rocket Motors Forecast by Type (2026-2031)
12.7 Global Solid Rocket Motors Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Northrop Grumman
13.1.1 Northrop Grumman Company Information
13.1.2 Northrop Grumman Solid Rocket Motors Product Portfolios and Specifications
13.1.3 Northrop Grumman Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Northrop Grumman Main Business Overview
13.1.5 Northrop Grumman Latest Developments
13.2 Nammo AS
13.2.1 Nammo AS Company Information
13.2.2 Nammo AS Solid Rocket Motors Product Portfolios and Specifications
13.2.3 Nammo AS Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Nammo AS Main Business Overview
13.2.5 Nammo AS Latest Developments
13.3 L3Harris Technologies
13.3.1 L3Harris Technologies Company Information
13.3.2 L3Harris Technologies Solid Rocket Motors Product Portfolios and Specifications
13.3.3 L3Harris Technologies Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 L3Harris Technologies Main Business Overview
13.3.5 L3Harris Technologies Latest Developments
13.4 China Aerospace Science and Technology
13.4.1 China Aerospace Science and Technology Company Information
13.4.2 China Aerospace Science and Technology Solid Rocket Motors Product Portfolios and Specifications
13.4.3 China Aerospace Science and Technology Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 China Aerospace Science and Technology Main Business Overview
13.4.5 China Aerospace Science and Technology Latest Developments
13.5 IHI Corporation
13.5.1 IHI Corporation Company Information
13.5.2 IHI Corporation Solid Rocket Motors Product Portfolios and Specifications
13.5.3 IHI Corporation Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 IHI Corporation Main Business Overview
13.5.5 IHI Corporation Latest Developments
13.6 Rafael Advanced Systems
13.6.1 Rafael Advanced Systems Company Information
13.6.2 Rafael Advanced Systems Solid Rocket Motors Product Portfolios and Specifications
13.6.3 Rafael Advanced Systems Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Rafael Advanced Systems Main Business Overview
13.6.5 Rafael Advanced Systems Latest Developments
13.7 Kratos Defense & Security Solutions
13.7.1 Kratos Defense & Security Solutions Company Information
13.7.2 Kratos Defense & Security Solutions Solid Rocket Motors Product Portfolios and Specifications
13.7.3 Kratos Defense & Security Solutions Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Kratos Defense & Security Solutions Main Business Overview
13.7.5 Kratos Defense & Security Solutions Latest Developments
13.8 Anduril Industries
13.8.1 Anduril Industries Company Information
13.8.2 Anduril Industries Solid Rocket Motors Product Portfolios and Specifications
13.8.3 Anduril Industries Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Anduril Industries Main Business Overview
13.8.5 Anduril Industries Latest Developments
13.9 United Launch Alliance
13.9.1 United Launch Alliance Company Information
13.9.2 United Launch Alliance Solid Rocket Motors Product Portfolios and Specifications
13.9.3 United Launch Alliance Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 United Launch Alliance Main Business Overview
13.9.5 United Launch Alliance Latest Developments
13.10 Mitsubishi Heavy Industries
13.10.1 Mitsubishi Heavy Industries Company Information
13.10.2 Mitsubishi Heavy Industries Solid Rocket Motors Product Portfolios and Specifications
13.10.3 Mitsubishi Heavy Industries Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Mitsubishi Heavy Industries Main Business Overview
13.10.5 Mitsubishi Heavy Industries Latest Developments
13.11 URSA
13.11.1 URSA Company Information
13.11.2 URSA Solid Rocket Motors Product Portfolios and Specifications
13.11.3 URSA Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 URSA Main Business Overview
13.11.5 URSA Latest Developments
13.12 Avio spa
13.12.1 Avio spa Company Information
13.12.2 Avio spa Solid Rocket Motors Product Portfolios and Specifications
13.12.3 Avio spa Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Avio spa Main Business Overview
13.12.5 Avio spa Latest Developments
13.13 Roxel Group
13.13.1 Roxel Group Company Information
13.13.2 Roxel Group Solid Rocket Motors Product Portfolios and Specifications
13.13.3 Roxel Group Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Roxel Group Main Business Overview
13.13.5 Roxel Group Latest Developments
13.14 NOF Corporation
13.14.1 NOF Corporation Company Information
13.14.2 NOF Corporation Solid Rocket Motors Product Portfolios and Specifications
13.14.3 NOF Corporation Solid Rocket Motors Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 NOF Corporation Main Business Overview
13.14.5 NOF Corporation Latest Developments
14 Research Findings and Conclusion

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