Global Sounding Rocket Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Sounding Rocket Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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Published Date: 18 Mar 2023

Category: Automobile & Transportation

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

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 USD 101.6 million in 2022 and is forecast to a readjusted size of USD 187.9 million by 2029 with a CAGR of 9.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The world's core manufacturers of sounding rockets include Magellan Aerospace. The largest manufacturer has a market share of about 50%. North America is the world's largest market, accounting for approximately 77% of the market share, followed by Asia Pacific and Europe, accounting for 13% and 10%, respectively. In the sounding rocket market, multi-stage sounding rockets and first-stage sounding rockets account for 65% and 35%, respectively. Among them, the most applications are geospatial science and education, accounting for 55% and 16% 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 2023, are provided.

Key Features:
Global Sounding Rocket market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Sounding Rocket market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Sounding Rocket market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Sounding Rocket market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023
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, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Magellan Aerospace, Northrop Grumman, Shaanxi Zhongtian Rocket Technology, IHI Aerospace and ISRO, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Sounding Rocket market is split by Type and by Application. For the period 2018-2029, 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
Northrop Grumman
Shaanxi Zhongtian Rocket Technology
IHI Aerospace
ISRO
Space Vector
Instituto de Aeronáutica e Espaço
Interstellar Technologies
Airbus

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, revenue and global market share of Sounding Rocket from 2018 to 2023.
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 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Sounding Rocket market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
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.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Sounding Rocket
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Sounding Rocket Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 One Stage Sounding Rocket
1.3.3 Multistage Sounding Rocket
1.4 Market Analysis by Application
1.4.1 Overview: Global Sounding Rocket Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Geospace Science
1.4.3 Education
1.4.4 Others
1.5 Global Sounding Rocket Market Size & Forecast
1.5.1 Global Sounding Rocket Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Sounding Rocket Sales Quantity (2018-2029)
1.5.3 Global Sounding Rocket Average Price (2018-2029)

2 Manufacturers Profiles
2.1 Magellan Aerospace
2.1.1 Magellan Aerospace Details
2.1.2 Magellan Aerospace Major Business
2.1.3 Magellan Aerospace Sounding Rocket Product and Services
2.1.4 Magellan Aerospace Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Magellan Aerospace Recent Developments/Updates
2.2 Northrop Grumman
2.2.1 Northrop Grumman Details
2.2.2 Northrop Grumman Major Business
2.2.3 Northrop Grumman Sounding Rocket Product and Services
2.2.4 Northrop Grumman Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Northrop Grumman Recent Developments/Updates
2.3 Shaanxi Zhongtian Rocket Technology
2.3.1 Shaanxi Zhongtian Rocket Technology Details
2.3.2 Shaanxi Zhongtian Rocket Technology Major Business
2.3.3 Shaanxi Zhongtian Rocket Technology Sounding Rocket Product and Services
2.3.4 Shaanxi Zhongtian Rocket Technology Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Shaanxi Zhongtian Rocket Technology Recent Developments/Updates
2.4 IHI Aerospace
2.4.1 IHI Aerospace Details
2.4.2 IHI Aerospace Major Business
2.4.3 IHI Aerospace Sounding Rocket Product and Services
2.4.4 IHI Aerospace Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 IHI Aerospace Recent Developments/Updates
2.5 ISRO
2.5.1 ISRO Details
2.5.2 ISRO Major Business
2.5.3 ISRO Sounding Rocket Product and Services
2.5.4 ISRO Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 ISRO Recent Developments/Updates
2.6 Space Vector
2.6.1 Space Vector Details
2.6.2 Space Vector Major Business
2.6.3 Space Vector Sounding Rocket Product and Services
2.6.4 Space Vector Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Space Vector Recent Developments/Updates
2.7 Instituto de Aeronáutica e Espaço
2.7.1 Instituto de Aeronáutica e Espaço Details
2.7.2 Instituto de Aeronáutica e Espaço Major Business
2.7.3 Instituto de Aeronáutica e Espaço Sounding Rocket Product and Services
2.7.4 Instituto de Aeronáutica e Espaço Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Instituto de Aeronáutica e Espaço Recent Developments/Updates
2.8 Interstellar Technologies
2.8.1 Interstellar Technologies Details
2.8.2 Interstellar Technologies Major Business
2.8.3 Interstellar Technologies Sounding Rocket Product and Services
2.8.4 Interstellar Technologies Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Interstellar Technologies Recent Developments/Updates
2.9 Airbus
2.9.1 Airbus Details
2.9.2 Airbus Major Business
2.9.3 Airbus Sounding Rocket Product and Services
2.9.4 Airbus Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Airbus Recent Developments/Updates

3 Competitive Environment: Sounding Rocket by Manufacturer
3.1 Global Sounding Rocket Sales Quantity by Manufacturer (2018-2023)
3.2 Global Sounding Rocket Revenue by Manufacturer (2018-2023)
3.3 Global Sounding Rocket Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Sounding Rocket by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Sounding Rocket Manufacturer Market Share in 2022
3.4.2 Top 6 Sounding Rocket Manufacturer Market Share in 2022
3.5 Sounding Rocket Market: Overall Company Footprint Analysis
3.5.1 Sounding Rocket Market: Region Footprint
3.5.2 Sounding Rocket Market: Company Product Type Footprint
3.5.3 Sounding Rocket Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
4.1 Global Sounding Rocket Market Size by Region
4.1.1 Global Sounding Rocket Sales Quantity by Region (2018-2029)
4.1.2 Global Sounding Rocket Consumption Value by Region (2018-2029)
4.1.3 Global Sounding Rocket Average Price by Region (2018-2029)
4.2 North America Sounding Rocket Consumption Value (2018-2029)
4.3 Europe Sounding Rocket Consumption Value (2018-2029)
4.4 Asia-Pacific Sounding Rocket Consumption Value (2018-2029)
4.5 South America Sounding Rocket Consumption Value (2018-2029)
4.6 Middle East and Africa Sounding Rocket Consumption Value (2018-2029)

5 Market Segment by Type
5.1 Global Sounding Rocket Sales Quantity by Type (2018-2029)
5.2 Global Sounding Rocket Consumption Value by Type (2018-2029)
5.3 Global Sounding Rocket Average Price by Type (2018-2029)

6 Market Segment by Application
6.1 Global Sounding Rocket Sales Quantity by Application (2018-2029)
6.2 Global Sounding Rocket Consumption Value by Application (2018-2029)
6.3 Global Sounding Rocket Average Price by Application (2018-2029)

7 North America
7.1 North America Sounding Rocket Sales Quantity by Type (2018-2029)
7.2 North America Sounding Rocket Sales Quantity by Application (2018-2029)
7.3 North America Sounding Rocket Market Size by Country
7.3.1 North America Sounding Rocket Sales Quantity by Country (2018-2029)
7.3.2 North America Sounding Rocket Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
8.1 Europe Sounding Rocket Sales Quantity by Type (2018-2029)
8.2 Europe Sounding Rocket Sales Quantity by Application (2018-2029)
8.3 Europe Sounding Rocket Market Size by Country
8.3.1 Europe Sounding Rocket Sales Quantity by Country (2018-2029)
8.3.2 Europe Sounding Rocket Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
9.1 Asia-Pacific Sounding Rocket Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Sounding Rocket Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Sounding Rocket Market Size by Region
9.3.1 Asia-Pacific Sounding Rocket Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Sounding Rocket Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
10.1 South America Sounding Rocket Sales Quantity by Type (2018-2029)
10.2 South America Sounding Rocket Sales Quantity by Application (2018-2029)
10.3 South America Sounding Rocket Market Size by Country
10.3.1 South America Sounding Rocket Sales Quantity by Country (2018-2029)
10.3.2 South America Sounding Rocket Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
11.1 Middle East & Africa Sounding Rocket Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Sounding Rocket Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Sounding Rocket Market Size by Country
11.3.1 Middle East & Africa Sounding Rocket Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Sounding Rocket Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
12.1 Sounding Rocket Market Drivers
12.2 Sounding Rocket Market Restraints
12.3 Sounding Rocket Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
13.1 Raw Material of Sounding Rocket and Key Manufacturers
13.2 Manufacturing Costs Percentage of Sounding Rocket
13.3 Sounding Rocket Production Process
13.4 Sounding Rocket Industrial Chain

14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Sounding Rocket Typical Distributors
14.3 Sounding Rocket Typical Customers

15 Research Findings and Conclusion

16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Sounding Rocket Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Sounding Rocket Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Magellan Aerospace Basic Information, Manufacturing Base and Competitors
Table 4. Magellan Aerospace Major Business
Table 5. Magellan Aerospace Sounding Rocket Product and Services
Table 6. Magellan Aerospace Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 7. Magellan Aerospace Recent Developments/Updates
Table 8. Northrop Grumman Basic Information, Manufacturing Base and Competitors
Table 9. Northrop Grumman Major Business
Table 10. Northrop Grumman Sounding Rocket Product and Services
Table 11. Northrop Grumman Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 12. Northrop Grumman Recent Developments/Updates
Table 13. Shaanxi Zhongtian Rocket Technology Basic Information, Manufacturing Base and Competitors
Table 14. Shaanxi Zhongtian Rocket Technology Major Business
Table 15. Shaanxi Zhongtian Rocket Technology Sounding Rocket Product and Services
Table 16. Shaanxi Zhongtian Rocket Technology Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 17. Shaanxi Zhongtian Rocket Technology Recent Developments/Updates
Table 18. IHI Aerospace Basic Information, Manufacturing Base and Competitors
Table 19. IHI Aerospace Major Business
Table 20. IHI Aerospace Sounding Rocket Product and Services
Table 21. IHI Aerospace Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 22. IHI Aerospace Recent Developments/Updates
Table 23. ISRO Basic Information, Manufacturing Base and Competitors
Table 24. ISRO Major Business
Table 25. ISRO Sounding Rocket Product and Services
Table 26. ISRO Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 27. ISRO Recent Developments/Updates
Table 28. Space Vector Basic Information, Manufacturing Base and Competitors
Table 29. Space Vector Major Business
Table 30. Space Vector Sounding Rocket Product and Services
Table 31. Space Vector Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 32. Space Vector Recent Developments/Updates
Table 33. Instituto de Aeronáutica e Espaço Basic Information, Manufacturing Base and Competitors
Table 34. Instituto de Aeronáutica e Espaço Major Business
Table 35. Instituto de Aeronáutica e Espaço Sounding Rocket Product and Services
Table 36. Instituto de Aeronáutica e Espaço Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 37. Instituto de Aeronáutica e Espaço Recent Developments/Updates
Table 38. Interstellar Technologies Basic Information, Manufacturing Base and Competitors
Table 39. Interstellar Technologies Major Business
Table 40. Interstellar Technologies Sounding Rocket Product and Services
Table 41. Interstellar Technologies Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 42. Interstellar Technologies Recent Developments/Updates
Table 43. Airbus Basic Information, Manufacturing Base and Competitors
Table 44. Airbus Major Business
Table 45. Airbus Sounding Rocket Product and Services
Table 46. Airbus Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 47. Airbus Recent Developments/Updates
Table 48. Global Sounding Rocket Sales Quantity by Manufacturer (2018-2023) & (Units)
Table 49. Global Sounding Rocket Revenue by Manufacturer (2018-2023) & (USD Million)
Table 50. Global Sounding Rocket Average Price by Manufacturer (2018-2023) & (US$/Unit)
Table 51. Market Position of Manufacturers in Sounding Rocket, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
Table 52. Head Office and Sounding Rocket Production Site of Key Manufacturer
Table 53. Sounding Rocket Market: Company Product Type Footprint
Table 54. Sounding Rocket Market: Company Product Application Footprint
Table 55. Sounding Rocket New Market Entrants and Barriers to Market Entry
Table 56. Sounding Rocket Mergers, Acquisition, Agreements, and Collaborations
Table 57. Global Sounding Rocket Sales Quantity by Region (2018-2023) & (Units)
Table 58. Global Sounding Rocket Sales Quantity by Region (2024-2029) & (Units)
Table 59. Global Sounding Rocket Consumption Value by Region (2018-2023) & (USD Million)
Table 60. Global Sounding Rocket Consumption Value by Region (2024-2029) & (USD Million)
Table 61. Global Sounding Rocket Average Price by Region (2018-2023) & (US$/Unit)
Table 62. Global Sounding Rocket Average Price by Region (2024-2029) & (US$/Unit)
Table 63. Global Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 64. Global Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 65. Global Sounding Rocket Consumption Value by Type (2018-2023) & (USD Million)
Table 66. Global Sounding Rocket Consumption Value by Type (2024-2029) & (USD Million)
Table 67. Global Sounding Rocket Average Price by Type (2018-2023) & (US$/Unit)
Table 68. Global Sounding Rocket Average Price by Type (2024-2029) & (US$/Unit)
Table 69. Global Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 70. Global Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 71. Global Sounding Rocket Consumption Value by Application (2018-2023) & (USD Million)
Table 72. Global Sounding Rocket Consumption Value by Application (2024-2029) & (USD Million)
Table 73. Global Sounding Rocket Average Price by Application (2018-2023) & (US$/Unit)
Table 74. Global Sounding Rocket Average Price by Application (2024-2029) & (US$/Unit)
Table 75. North America Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 76. North America Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 77. North America Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 78. North America Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 79. North America Sounding Rocket Sales Quantity by Country (2018-2023) & (Units)
Table 80. North America Sounding Rocket Sales Quantity by Country (2024-2029) & (Units)
Table 81. North America Sounding Rocket Consumption Value by Country (2018-2023) & (USD Million)
Table 82. North America Sounding Rocket Consumption Value by Country (2024-2029) & (USD Million)
Table 83. Europe Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 84. Europe Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 85. Europe Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 86. Europe Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 87. Europe Sounding Rocket Sales Quantity by Country (2018-2023) & (Units)
Table 88. Europe Sounding Rocket Sales Quantity by Country (2024-2029) & (Units)
Table 89. Europe Sounding Rocket Consumption Value by Country (2018-2023) & (USD Million)
Table 90. Europe Sounding Rocket Consumption Value by Country (2024-2029) & (USD Million)
Table 91. Asia-Pacific Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 92. Asia-Pacific Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 93. Asia-Pacific Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 94. Asia-Pacific Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 95. Asia-Pacific Sounding Rocket Sales Quantity by Region (2018-2023) & (Units)
Table 96. Asia-Pacific Sounding Rocket Sales Quantity by Region (2024-2029) & (Units)
Table 97. Asia-Pacific Sounding Rocket Consumption Value by Region (2018-2023) & (USD Million)
Table 98. Asia-Pacific Sounding Rocket Consumption Value by Region (2024-2029) & (USD Million)
Table 99. South America Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 100. South America Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 101. South America Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 102. South America Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 103. South America Sounding Rocket Sales Quantity by Country (2018-2023) & (Units)
Table 104. South America Sounding Rocket Sales Quantity by Country (2024-2029) & (Units)
Table 105. South America Sounding Rocket Consumption Value by Country (2018-2023) & (USD Million)
Table 106. South America Sounding Rocket Consumption Value by Country (2024-2029) & (USD Million)
Table 107. Middle East & Africa Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 108. Middle East & Africa Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 109. Middle East & Africa Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 110. Middle East & Africa Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 111. Middle East & Africa Sounding Rocket Sales Quantity by Region (2018-2023) & (Units)
Table 112. Middle East & Africa Sounding Rocket Sales Quantity by Region (2024-2029) & (Units)
Table 113. Middle East & Africa Sounding Rocket Consumption Value by Region (2018-2023) & (USD Million)
Table 114. Middle East & Africa Sounding Rocket Consumption Value by Region (2024-2029) & (USD Million)
Table 115. Sounding Rocket Raw Material
Table 116. Key Manufacturers of Sounding Rocket Raw Materials
Table 117. Sounding Rocket Typical Distributors
Table 118. Sounding Rocket Typical Customers
List of Figures
Figure 1. Sounding Rocket Picture
Figure 2. Global Sounding Rocket Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Sounding Rocket Consumption Value Market Share by Type in 2022
Figure 4. One Stage Sounding Rocket Examples
Figure 5. Multistage Sounding Rocket Examples
Figure 6. Global Sounding Rocket Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 7. Global Sounding Rocket Consumption Value Market Share by Application in 2022
Figure 8. Geospace Science Examples
Figure 9. Education Examples
Figure 10. Others Examples
Figure 11. Global Sounding Rocket Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 12. Global Sounding Rocket Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 13. Global Sounding Rocket Sales Quantity (2018-2029) & (Units)
Figure 14. Global Sounding Rocket Average Price (2018-2029) & (US$/Unit)
Figure 15. Global Sounding Rocket Sales Quantity Market Share by Manufacturer in 2022
Figure 16. Global Sounding Rocket Consumption Value Market Share by Manufacturer in 2022
Figure 17. Producer Shipments of Sounding Rocket by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
Figure 18. Top 3 Sounding Rocket Manufacturer (Consumption Value) Market Share in 2022
Figure 19. Top 6 Sounding Rocket Manufacturer (Consumption Value) Market Share in 2022
Figure 20. Global Sounding Rocket Sales Quantity Market Share by Region (2018-2029)
Figure 21. Global Sounding Rocket Consumption Value Market Share by Region (2018-2029)
Figure 22. North America Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 23. Europe Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 24. Asia-Pacific Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 25. South America Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 26. Middle East & Africa Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 27. Global Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 28. Global Sounding Rocket Consumption Value Market Share by Type (2018-2029)
Figure 29. Global Sounding Rocket Average Price by Type (2018-2029) & (US$/Unit)
Figure 30. Global Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 31. Global Sounding Rocket Consumption Value Market Share by Application (2018-2029)
Figure 32. Global Sounding Rocket Average Price by Application (2018-2029) & (US$/Unit)
Figure 33. North America Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 34. North America Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 35. North America Sounding Rocket Sales Quantity Market Share by Country (2018-2029)
Figure 36. North America Sounding Rocket Consumption Value Market Share by Country (2018-2029)
Figure 37. United States Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 38. Canada Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 39. Mexico Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 40. Europe Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 41. Europe Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 42. Europe Sounding Rocket Sales Quantity Market Share by Country (2018-2029)
Figure 43. Europe Sounding Rocket Consumption Value Market Share by Country (2018-2029)
Figure 44. Germany Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 45. France Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 46. United Kingdom Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 47. Russia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 48. Italy Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 49. Asia-Pacific Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 50. Asia-Pacific Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 51. Asia-Pacific Sounding Rocket Sales Quantity Market Share by Region (2018-2029)
Figure 52. Asia-Pacific Sounding Rocket Consumption Value Market Share by Region (2018-2029)
Figure 53. China Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 54. Japan Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 55. Korea Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 56. India Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 57. Southeast Asia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 58. Australia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 59. South America Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 60. South America Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 61. South America Sounding Rocket Sales Quantity Market Share by Country (2018-2029)
Figure 62. South America Sounding Rocket Consumption Value Market Share by Country (2018-2029)
Figure 63. Brazil Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 64. Argentina Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 65. Middle East & Africa Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 66. Middle East & Africa Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 67. Middle East & Africa Sounding Rocket Sales Quantity Market Share by Region (2018-2029)
Figure 68. Middle East & Africa Sounding Rocket Consumption Value Market Share by Region (2018-2029)
Figure 69. Turkey Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 70. Egypt Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 71. Saudi Arabia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 72. South Africa Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 73. Sounding Rocket Market Drivers
Figure 74. Sounding Rocket Market Restraints
Figure 75. Sounding Rocket Market Trends
Figure 76. Porters Five Forces Analysis
Figure 77. Manufacturing Cost Structure Analysis of Sounding Rocket in 2022
Figure 78. Manufacturing Process Analysis of Sounding Rocket
Figure 79. Sounding Rocket Industrial Chain
Figure 80. Sales Quantity Channel: Direct to End-User vs Distributors
Figure 81. Direct Channel Pros & Cons
Figure 82. Indirect Channel Pros & Cons
Figure 83. Methodology
Figure 84. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

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Receiving feedback

yuan2

Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Global Sounding Rocket Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Sounding Rocket Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Page: 98

Published Date: 18 Mar 2023

Category: Automobile & Transportation

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Description

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Description

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 USD 101.6 million in 2022 and is forecast to a readjusted size of USD 187.9 million by 2029 with a CAGR of 9.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The world's core manufacturers of sounding rockets include Magellan Aerospace. The largest manufacturer has a market share of about 50%. North America is the world's largest market, accounting for approximately 77% of the market share, followed by Asia Pacific and Europe, accounting for 13% and 10%, respectively. In the sounding rocket market, multi-stage sounding rockets and first-stage sounding rockets account for 65% and 35%, respectively. Among them, the most applications are geospatial science and education, accounting for 55% and 16% 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 2023, are provided.

Key Features:
Global Sounding Rocket market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Sounding Rocket market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Sounding Rocket market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Sounding Rocket market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023
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, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Magellan Aerospace, Northrop Grumman, Shaanxi Zhongtian Rocket Technology, IHI Aerospace and ISRO, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Sounding Rocket market is split by Type and by Application. For the period 2018-2029, 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
Northrop Grumman
Shaanxi Zhongtian Rocket Technology
IHI Aerospace
ISRO
Space Vector
Instituto de Aeronáutica e Espaço
Interstellar Technologies
Airbus

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, revenue and global market share of Sounding Rocket from 2018 to 2023.
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 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Sounding Rocket market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
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.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Sounding Rocket
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Sounding Rocket Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 One Stage Sounding Rocket
1.3.3 Multistage Sounding Rocket
1.4 Market Analysis by Application
1.4.1 Overview: Global Sounding Rocket Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Geospace Science
1.4.3 Education
1.4.4 Others
1.5 Global Sounding Rocket Market Size & Forecast
1.5.1 Global Sounding Rocket Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Sounding Rocket Sales Quantity (2018-2029)
1.5.3 Global Sounding Rocket Average Price (2018-2029)

2 Manufacturers Profiles
2.1 Magellan Aerospace
2.1.1 Magellan Aerospace Details
2.1.2 Magellan Aerospace Major Business
2.1.3 Magellan Aerospace Sounding Rocket Product and Services
2.1.4 Magellan Aerospace Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Magellan Aerospace Recent Developments/Updates
2.2 Northrop Grumman
2.2.1 Northrop Grumman Details
2.2.2 Northrop Grumman Major Business
2.2.3 Northrop Grumman Sounding Rocket Product and Services
2.2.4 Northrop Grumman Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Northrop Grumman Recent Developments/Updates
2.3 Shaanxi Zhongtian Rocket Technology
2.3.1 Shaanxi Zhongtian Rocket Technology Details
2.3.2 Shaanxi Zhongtian Rocket Technology Major Business
2.3.3 Shaanxi Zhongtian Rocket Technology Sounding Rocket Product and Services
2.3.4 Shaanxi Zhongtian Rocket Technology Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Shaanxi Zhongtian Rocket Technology Recent Developments/Updates
2.4 IHI Aerospace
2.4.1 IHI Aerospace Details
2.4.2 IHI Aerospace Major Business
2.4.3 IHI Aerospace Sounding Rocket Product and Services
2.4.4 IHI Aerospace Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 IHI Aerospace Recent Developments/Updates
2.5 ISRO
2.5.1 ISRO Details
2.5.2 ISRO Major Business
2.5.3 ISRO Sounding Rocket Product and Services
2.5.4 ISRO Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 ISRO Recent Developments/Updates
2.6 Space Vector
2.6.1 Space Vector Details
2.6.2 Space Vector Major Business
2.6.3 Space Vector Sounding Rocket Product and Services
2.6.4 Space Vector Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Space Vector Recent Developments/Updates
2.7 Instituto de Aeronáutica e Espaço
2.7.1 Instituto de Aeronáutica e Espaço Details
2.7.2 Instituto de Aeronáutica e Espaço Major Business
2.7.3 Instituto de Aeronáutica e Espaço Sounding Rocket Product and Services
2.7.4 Instituto de Aeronáutica e Espaço Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Instituto de Aeronáutica e Espaço Recent Developments/Updates
2.8 Interstellar Technologies
2.8.1 Interstellar Technologies Details
2.8.2 Interstellar Technologies Major Business
2.8.3 Interstellar Technologies Sounding Rocket Product and Services
2.8.4 Interstellar Technologies Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Interstellar Technologies Recent Developments/Updates
2.9 Airbus
2.9.1 Airbus Details
2.9.2 Airbus Major Business
2.9.3 Airbus Sounding Rocket Product and Services
2.9.4 Airbus Sounding Rocket Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Airbus Recent Developments/Updates

3 Competitive Environment: Sounding Rocket by Manufacturer
3.1 Global Sounding Rocket Sales Quantity by Manufacturer (2018-2023)
3.2 Global Sounding Rocket Revenue by Manufacturer (2018-2023)
3.3 Global Sounding Rocket Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Sounding Rocket by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Sounding Rocket Manufacturer Market Share in 2022
3.4.2 Top 6 Sounding Rocket Manufacturer Market Share in 2022
3.5 Sounding Rocket Market: Overall Company Footprint Analysis
3.5.1 Sounding Rocket Market: Region Footprint
3.5.2 Sounding Rocket Market: Company Product Type Footprint
3.5.3 Sounding Rocket Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
4.1 Global Sounding Rocket Market Size by Region
4.1.1 Global Sounding Rocket Sales Quantity by Region (2018-2029)
4.1.2 Global Sounding Rocket Consumption Value by Region (2018-2029)
4.1.3 Global Sounding Rocket Average Price by Region (2018-2029)
4.2 North America Sounding Rocket Consumption Value (2018-2029)
4.3 Europe Sounding Rocket Consumption Value (2018-2029)
4.4 Asia-Pacific Sounding Rocket Consumption Value (2018-2029)
4.5 South America Sounding Rocket Consumption Value (2018-2029)
4.6 Middle East and Africa Sounding Rocket Consumption Value (2018-2029)

5 Market Segment by Type
5.1 Global Sounding Rocket Sales Quantity by Type (2018-2029)
5.2 Global Sounding Rocket Consumption Value by Type (2018-2029)
5.3 Global Sounding Rocket Average Price by Type (2018-2029)

6 Market Segment by Application
6.1 Global Sounding Rocket Sales Quantity by Application (2018-2029)
6.2 Global Sounding Rocket Consumption Value by Application (2018-2029)
6.3 Global Sounding Rocket Average Price by Application (2018-2029)

7 North America
7.1 North America Sounding Rocket Sales Quantity by Type (2018-2029)
7.2 North America Sounding Rocket Sales Quantity by Application (2018-2029)
7.3 North America Sounding Rocket Market Size by Country
7.3.1 North America Sounding Rocket Sales Quantity by Country (2018-2029)
7.3.2 North America Sounding Rocket Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
8.1 Europe Sounding Rocket Sales Quantity by Type (2018-2029)
8.2 Europe Sounding Rocket Sales Quantity by Application (2018-2029)
8.3 Europe Sounding Rocket Market Size by Country
8.3.1 Europe Sounding Rocket Sales Quantity by Country (2018-2029)
8.3.2 Europe Sounding Rocket Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
9.1 Asia-Pacific Sounding Rocket Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Sounding Rocket Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Sounding Rocket Market Size by Region
9.3.1 Asia-Pacific Sounding Rocket Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Sounding Rocket Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
10.1 South America Sounding Rocket Sales Quantity by Type (2018-2029)
10.2 South America Sounding Rocket Sales Quantity by Application (2018-2029)
10.3 South America Sounding Rocket Market Size by Country
10.3.1 South America Sounding Rocket Sales Quantity by Country (2018-2029)
10.3.2 South America Sounding Rocket Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
11.1 Middle East & Africa Sounding Rocket Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Sounding Rocket Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Sounding Rocket Market Size by Country
11.3.1 Middle East & Africa Sounding Rocket Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Sounding Rocket Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
12.1 Sounding Rocket Market Drivers
12.2 Sounding Rocket Market Restraints
12.3 Sounding Rocket Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
13.1 Raw Material of Sounding Rocket and Key Manufacturers
13.2 Manufacturing Costs Percentage of Sounding Rocket
13.3 Sounding Rocket Production Process
13.4 Sounding Rocket Industrial Chain

14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Sounding Rocket Typical Distributors
14.3 Sounding Rocket Typical Customers

15 Research Findings and Conclusion

16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Sounding Rocket Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Sounding Rocket Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Magellan Aerospace Basic Information, Manufacturing Base and Competitors
Table 4. Magellan Aerospace Major Business
Table 5. Magellan Aerospace Sounding Rocket Product and Services
Table 6. Magellan Aerospace Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 7. Magellan Aerospace Recent Developments/Updates
Table 8. Northrop Grumman Basic Information, Manufacturing Base and Competitors
Table 9. Northrop Grumman Major Business
Table 10. Northrop Grumman Sounding Rocket Product and Services
Table 11. Northrop Grumman Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 12. Northrop Grumman Recent Developments/Updates
Table 13. Shaanxi Zhongtian Rocket Technology Basic Information, Manufacturing Base and Competitors
Table 14. Shaanxi Zhongtian Rocket Technology Major Business
Table 15. Shaanxi Zhongtian Rocket Technology Sounding Rocket Product and Services
Table 16. Shaanxi Zhongtian Rocket Technology Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 17. Shaanxi Zhongtian Rocket Technology Recent Developments/Updates
Table 18. IHI Aerospace Basic Information, Manufacturing Base and Competitors
Table 19. IHI Aerospace Major Business
Table 20. IHI Aerospace Sounding Rocket Product and Services
Table 21. IHI Aerospace Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 22. IHI Aerospace Recent Developments/Updates
Table 23. ISRO Basic Information, Manufacturing Base and Competitors
Table 24. ISRO Major Business
Table 25. ISRO Sounding Rocket Product and Services
Table 26. ISRO Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 27. ISRO Recent Developments/Updates
Table 28. Space Vector Basic Information, Manufacturing Base and Competitors
Table 29. Space Vector Major Business
Table 30. Space Vector Sounding Rocket Product and Services
Table 31. Space Vector Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 32. Space Vector Recent Developments/Updates
Table 33. Instituto de Aeronáutica e Espaço Basic Information, Manufacturing Base and Competitors
Table 34. Instituto de Aeronáutica e Espaço Major Business
Table 35. Instituto de Aeronáutica e Espaço Sounding Rocket Product and Services
Table 36. Instituto de Aeronáutica e Espaço Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 37. Instituto de Aeronáutica e Espaço Recent Developments/Updates
Table 38. Interstellar Technologies Basic Information, Manufacturing Base and Competitors
Table 39. Interstellar Technologies Major Business
Table 40. Interstellar Technologies Sounding Rocket Product and Services
Table 41. Interstellar Technologies Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 42. Interstellar Technologies Recent Developments/Updates
Table 43. Airbus Basic Information, Manufacturing Base and Competitors
Table 44. Airbus Major Business
Table 45. Airbus Sounding Rocket Product and Services
Table 46. Airbus Sounding Rocket Sales Quantity (Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 47. Airbus Recent Developments/Updates
Table 48. Global Sounding Rocket Sales Quantity by Manufacturer (2018-2023) & (Units)
Table 49. Global Sounding Rocket Revenue by Manufacturer (2018-2023) & (USD Million)
Table 50. Global Sounding Rocket Average Price by Manufacturer (2018-2023) & (US$/Unit)
Table 51. Market Position of Manufacturers in Sounding Rocket, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
Table 52. Head Office and Sounding Rocket Production Site of Key Manufacturer
Table 53. Sounding Rocket Market: Company Product Type Footprint
Table 54. Sounding Rocket Market: Company Product Application Footprint
Table 55. Sounding Rocket New Market Entrants and Barriers to Market Entry
Table 56. Sounding Rocket Mergers, Acquisition, Agreements, and Collaborations
Table 57. Global Sounding Rocket Sales Quantity by Region (2018-2023) & (Units)
Table 58. Global Sounding Rocket Sales Quantity by Region (2024-2029) & (Units)
Table 59. Global Sounding Rocket Consumption Value by Region (2018-2023) & (USD Million)
Table 60. Global Sounding Rocket Consumption Value by Region (2024-2029) & (USD Million)
Table 61. Global Sounding Rocket Average Price by Region (2018-2023) & (US$/Unit)
Table 62. Global Sounding Rocket Average Price by Region (2024-2029) & (US$/Unit)
Table 63. Global Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 64. Global Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 65. Global Sounding Rocket Consumption Value by Type (2018-2023) & (USD Million)
Table 66. Global Sounding Rocket Consumption Value by Type (2024-2029) & (USD Million)
Table 67. Global Sounding Rocket Average Price by Type (2018-2023) & (US$/Unit)
Table 68. Global Sounding Rocket Average Price by Type (2024-2029) & (US$/Unit)
Table 69. Global Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 70. Global Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 71. Global Sounding Rocket Consumption Value by Application (2018-2023) & (USD Million)
Table 72. Global Sounding Rocket Consumption Value by Application (2024-2029) & (USD Million)
Table 73. Global Sounding Rocket Average Price by Application (2018-2023) & (US$/Unit)
Table 74. Global Sounding Rocket Average Price by Application (2024-2029) & (US$/Unit)
Table 75. North America Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 76. North America Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 77. North America Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 78. North America Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 79. North America Sounding Rocket Sales Quantity by Country (2018-2023) & (Units)
Table 80. North America Sounding Rocket Sales Quantity by Country (2024-2029) & (Units)
Table 81. North America Sounding Rocket Consumption Value by Country (2018-2023) & (USD Million)
Table 82. North America Sounding Rocket Consumption Value by Country (2024-2029) & (USD Million)
Table 83. Europe Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 84. Europe Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 85. Europe Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 86. Europe Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 87. Europe Sounding Rocket Sales Quantity by Country (2018-2023) & (Units)
Table 88. Europe Sounding Rocket Sales Quantity by Country (2024-2029) & (Units)
Table 89. Europe Sounding Rocket Consumption Value by Country (2018-2023) & (USD Million)
Table 90. Europe Sounding Rocket Consumption Value by Country (2024-2029) & (USD Million)
Table 91. Asia-Pacific Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 92. Asia-Pacific Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 93. Asia-Pacific Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 94. Asia-Pacific Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 95. Asia-Pacific Sounding Rocket Sales Quantity by Region (2018-2023) & (Units)
Table 96. Asia-Pacific Sounding Rocket Sales Quantity by Region (2024-2029) & (Units)
Table 97. Asia-Pacific Sounding Rocket Consumption Value by Region (2018-2023) & (USD Million)
Table 98. Asia-Pacific Sounding Rocket Consumption Value by Region (2024-2029) & (USD Million)
Table 99. South America Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 100. South America Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 101. South America Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 102. South America Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 103. South America Sounding Rocket Sales Quantity by Country (2018-2023) & (Units)
Table 104. South America Sounding Rocket Sales Quantity by Country (2024-2029) & (Units)
Table 105. South America Sounding Rocket Consumption Value by Country (2018-2023) & (USD Million)
Table 106. South America Sounding Rocket Consumption Value by Country (2024-2029) & (USD Million)
Table 107. Middle East & Africa Sounding Rocket Sales Quantity by Type (2018-2023) & (Units)
Table 108. Middle East & Africa Sounding Rocket Sales Quantity by Type (2024-2029) & (Units)
Table 109. Middle East & Africa Sounding Rocket Sales Quantity by Application (2018-2023) & (Units)
Table 110. Middle East & Africa Sounding Rocket Sales Quantity by Application (2024-2029) & (Units)
Table 111. Middle East & Africa Sounding Rocket Sales Quantity by Region (2018-2023) & (Units)
Table 112. Middle East & Africa Sounding Rocket Sales Quantity by Region (2024-2029) & (Units)
Table 113. Middle East & Africa Sounding Rocket Consumption Value by Region (2018-2023) & (USD Million)
Table 114. Middle East & Africa Sounding Rocket Consumption Value by Region (2024-2029) & (USD Million)
Table 115. Sounding Rocket Raw Material
Table 116. Key Manufacturers of Sounding Rocket Raw Materials
Table 117. Sounding Rocket Typical Distributors
Table 118. Sounding Rocket Typical Customers
List of Figures
Figure 1. Sounding Rocket Picture
Figure 2. Global Sounding Rocket Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Sounding Rocket Consumption Value Market Share by Type in 2022
Figure 4. One Stage Sounding Rocket Examples
Figure 5. Multistage Sounding Rocket Examples
Figure 6. Global Sounding Rocket Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 7. Global Sounding Rocket Consumption Value Market Share by Application in 2022
Figure 8. Geospace Science Examples
Figure 9. Education Examples
Figure 10. Others Examples
Figure 11. Global Sounding Rocket Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 12. Global Sounding Rocket Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 13. Global Sounding Rocket Sales Quantity (2018-2029) & (Units)
Figure 14. Global Sounding Rocket Average Price (2018-2029) & (US$/Unit)
Figure 15. Global Sounding Rocket Sales Quantity Market Share by Manufacturer in 2022
Figure 16. Global Sounding Rocket Consumption Value Market Share by Manufacturer in 2022
Figure 17. Producer Shipments of Sounding Rocket by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
Figure 18. Top 3 Sounding Rocket Manufacturer (Consumption Value) Market Share in 2022
Figure 19. Top 6 Sounding Rocket Manufacturer (Consumption Value) Market Share in 2022
Figure 20. Global Sounding Rocket Sales Quantity Market Share by Region (2018-2029)
Figure 21. Global Sounding Rocket Consumption Value Market Share by Region (2018-2029)
Figure 22. North America Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 23. Europe Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 24. Asia-Pacific Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 25. South America Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 26. Middle East & Africa Sounding Rocket Consumption Value (2018-2029) & (USD Million)
Figure 27. Global Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 28. Global Sounding Rocket Consumption Value Market Share by Type (2018-2029)
Figure 29. Global Sounding Rocket Average Price by Type (2018-2029) & (US$/Unit)
Figure 30. Global Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 31. Global Sounding Rocket Consumption Value Market Share by Application (2018-2029)
Figure 32. Global Sounding Rocket Average Price by Application (2018-2029) & (US$/Unit)
Figure 33. North America Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 34. North America Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 35. North America Sounding Rocket Sales Quantity Market Share by Country (2018-2029)
Figure 36. North America Sounding Rocket Consumption Value Market Share by Country (2018-2029)
Figure 37. United States Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 38. Canada Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 39. Mexico Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 40. Europe Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 41. Europe Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 42. Europe Sounding Rocket Sales Quantity Market Share by Country (2018-2029)
Figure 43. Europe Sounding Rocket Consumption Value Market Share by Country (2018-2029)
Figure 44. Germany Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 45. France Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 46. United Kingdom Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 47. Russia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 48. Italy Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 49. Asia-Pacific Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 50. Asia-Pacific Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 51. Asia-Pacific Sounding Rocket Sales Quantity Market Share by Region (2018-2029)
Figure 52. Asia-Pacific Sounding Rocket Consumption Value Market Share by Region (2018-2029)
Figure 53. China Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 54. Japan Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 55. Korea Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 56. India Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 57. Southeast Asia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 58. Australia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 59. South America Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 60. South America Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 61. South America Sounding Rocket Sales Quantity Market Share by Country (2018-2029)
Figure 62. South America Sounding Rocket Consumption Value Market Share by Country (2018-2029)
Figure 63. Brazil Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 64. Argentina Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 65. Middle East & Africa Sounding Rocket Sales Quantity Market Share by Type (2018-2029)
Figure 66. Middle East & Africa Sounding Rocket Sales Quantity Market Share by Application (2018-2029)
Figure 67. Middle East & Africa Sounding Rocket Sales Quantity Market Share by Region (2018-2029)
Figure 68. Middle East & Africa Sounding Rocket Consumption Value Market Share by Region (2018-2029)
Figure 69. Turkey Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 70. Egypt Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 71. Saudi Arabia Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 72. South Africa Sounding Rocket Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 73. Sounding Rocket Market Drivers
Figure 74. Sounding Rocket Market Restraints
Figure 75. Sounding Rocket Market Trends
Figure 76. Porters Five Forces Analysis
Figure 77. Manufacturing Cost Structure Analysis of Sounding Rocket in 2022
Figure 78. Manufacturing Process Analysis of Sounding Rocket
Figure 79. Sounding Rocket Industrial Chain
Figure 80. Sales Quantity Channel: Direct to End-User vs Distributors
Figure 81. Direct Channel Pros & Cons
Figure 82. Indirect Channel Pros & Cons
Figure 83. Methodology
Figure 84. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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