Unlike a satellite launch vehicle, a sounding rocket performs an observation mission during its flight in space before impact. It usually comprises one or two stages. When the experiment is completed, the rocket dives into the sea along with its observation instruments.
According to our (Global Info Research) latest study, the global Sounding Rocket market size was valued at US$ 68 million in 2023 and is forecast to a readjusted size of USD 198 million by 2030 with a CAGR of 12.0% during review period.
The core global manufacturers of sounding rockets include Magellan Aerospace, Instituto de Aeronáutica e Espaço, etc. The largest manufacturer, Magellan Aerospace, holds approximately 27% of the market share. North America is the world's largest market with approximately 48% market share, followed by Asia Pacific and Europe with 27% and 19% respectively. In the sounding rocket market, Multistage Sounding Rocket and One Stage Sounding Rocketaccount for 59% and 41% respectively. The most widely used ones are Geospace Science and education, accounting for 56% and 21% respectively.
This report is a detailed and comprehensive analysis for global Sounding Rocket market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Sounding Rocket market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Sounding Rocket market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Sounding Rocket market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Sounding Rocket market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Sounding Rocket
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Sounding Rocket market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Magellan Aerospace, Instituto de Aeronáutica e Espaço, Airbus, Shaanxi Zhongtian Rocket Technology, ISRO, IHI Aerospace, Interstellar Technologies, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Sounding Rocket market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
One Stage Sounding Rocket
Multistage Sounding Rocket
Market segment by Application
Geospace Science
Education
Others
Major players covered
Magellan Aerospace
Instituto de Aeronáutica e Espaço
Airbus
Shaanxi Zhongtian Rocket Technology
ISRO
IHI Aerospace
Interstellar Technologies
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Sounding Rocket product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Sounding Rocket, with price, sales quantity, revenue, and global market share of Sounding Rocket from 2019 to 2024.
Chapter 3, the Sounding Rocket competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Sounding Rocket breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Sounding Rocket market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Sounding Rocket.
Chapter 14 and 15, to describe Sounding Rocket sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Sounding Rocket. Industry analysis & Market Report on Sounding Rocket is a syndicated market report, published as Global Sounding Rocket Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Sounding Rocket market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.