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Allied Market Research

Carrier Rocket Market by Type (Titanium, Steel, Aluminum, and Compound material) and Application (Aircraft, Fighter, UAV, and Helicopter): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09101
Pages: NA
Dec 2020 | 27 Views
 
Author(s) : NA
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Carrier Rocket Market Outlook - 2027

A launch vehicle or carrier rocket is a rocket-propelled vehicle used to carry a payload from earth's surface to space, usually to earth orbit or beyond. A launch system includes the launch vehicle, launch pad, vehicle assembly and fueling systems, range safety, and other related infrastructure.

Most launch vehicles have been developed with an objective of national space programs, by national space agencies, with considerable national prestige attached to spaceflight accomplishments. Payloads include crewed spacecraft, satellites, robotic spacecraft, scientific probes, landers, and rovers.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type and application

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa

  Companies covered

Arianespace, CubeCab, EUROCKOT Launch Services GmbH, IHI Corporation, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Mitsubishi Heavy Industries, Ltd., Orbital ATK Inc., Rocket Lab USA Inc.,


COVID-19 scenario analysis:

  • Global carrier rocket market is one of the most significant market for aerospace sector.
  • Due to many benefits for human being and their overall development, global carrier rocket market has robust future potential.
  • Many private companies like SpaceX, Boeing, and others have entered commercial space industry and are offering innovative solutions.
  • As global economy has impacted drastically due to epidemic, many commercial space companies are also trying to cope up with financial impact due to COVID-19.
  • Furthermore, carrier rocket market is dependent on many small vendors and original equipment manufacturers for supply chain.
  • However, due to many financial constraints during epidemic, these small vendors work efficiency too has reduced. 
  • However, present scenario is expected to improve for global carrier rocket market as government is easing norms for restarting businesses.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

Space exploration has several benefits for human beings. Satellites are launched in space with the help of these carrier rocket or launch vehicles. The benefits of space can be categorized as either direct or indirect. The benefits of exploration include the generation of scientific knowledge, the diffusion of innovation and creation of markets, enhancements to the quality of life such as improved economic prosperity, health, environmental quality, safety, and security. 

Moreover, space exploration also give us new insights about creation of universe, telemedicine, satellite & their use by satellite industry for communication purposes, digital education, and many more.

In addition, rising growth in satellite deployment across the globe for weather monitoring, navigation, communication, and remote sensing applications further drive the growth of the carrier rocket market .These satellite launch vehicles or carrier rocket are assisting in carrying spacecraft to space.

Global carrier rocket market Trends are as follows:

Human launch from carrier rocket

SpaceX has become first commercial space company to launch humans for space program. Crew Dragon spacecraft lifted off on a Falcon 9 rocket from the historic Launch Complex 39-A at Cape Canaveral in Florida. Crew Dragon is the first-ever private human vehicle to head for orbit.

The Commercial Crew Development (CCDev) program which is aim to replace the shuttle with privately-built spacecraft. SpaceX was ultimately contracted, along with Boeing and its Starliner vehicle, to build new spacecraft for NASA. They received $2.6 billion and $4.2 billion in funding respectively.

The company also planning to use Crew Dragon to launch paying customers into space. This could include space tourists hoping to visit the space station, or other destinations – such as orbiting space hotels – at a cost of $20 million per seat.

NASA's space shuttle was the world's first reusable spacecraft. It launched like a rocket and returned to Earth like a glider. It was designed to carry large payloads — such as satellites — into orbit and bring them back, if necessary, for repairs.

Reusable launch vehicles

In addition of NASA, many commercial space companies like Boeing, Lockheed martin and the SpaceX are emphasizing reusable launch vehicles. 

SpaceX reusable launch system development program is a privately funded program to develop a set of new technologies for an orbital launch system that may be reused many times in a manner similar to the reusability of aircraft. SpaceX has been developing the technologies over several years to facilitate full and rapid reusability of space launch vehicles. The project's long-term objectives include returning a launch vehicle first stage to the launch site in minutes and to return a second stage to the launch pad following orbital realignment with the launch site and atmospheric re-entry in up to 24 hours.

The SpaceX has launched falcon heavy in 2018. The Falcon Heavy is a partially reusable heavy-lift launch vehicle designed and manufactured by SpaceX. It is derived from the Falcon 9 vehicle and consists of a strengthened Falcon 9 first stage as the center core with two additional Falcon 9-like first stages as strap-on boosters.

The Falcon Heavy has the highest payload capacity of any currently operational launch vehicle, the second-highest capacity of any rocket ever to reach orbit, trailing the Saturn V, and the third-highest capacity of any orbital-class rocket ever launched successfully.

Key segments covered:

Segments

Subsegments

  Type

  • Titanium
  • Steel
  • Aluminum
  • Compound material

  Application

  • Aircraft
  • Fighter
  • UAV
  • Helicopter

 

Key benefits of the report:

  • This study presents the analytical depiction of the global carrier rocket market for military and aerospace along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global carrier rocket market for military and aerospace share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight global carrier rocket market for military and aerospace.
  •  Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global carrier rocket market for military and aerospace analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in global carrier rocket market for military and aerospace report:

  • Which are the leading players active in the global carrier rocket market for military and aerospace?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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