Rocket Engines Global Market Report 2021: COVID 19 Impact And Recovery To 2030
The Business Research Company’s Rocket Engines Global Market Report 2021: COVID-19 Impact and Recovery to 2030
LONDON, GREATER LONDON, UK, May 13, 2021 /EINPresswire.com/ Remnants of China’s rocket ‘Long March 5B’ plunged into the Indian Ocean earlier this week, gaining criticism from NASA on the country’s failure to meet responsible safety standards. The increasing number of rocket launches is expected to drive the growth of the rocket engine market in the coming years. Over the next decade, hundreds of corporations and government agencies around the world are planning to launch rockets and hold tens of thousands of satellites in large low-Earth orbit constellations. The number of rocket launches has increased at an average rate of around 8% per year, with 114 launches in 2018. By 2025, the U.S. launch rate alone will double to around 200 launches each year, even if only half of the strateg
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