Rocket & Missiles Market Demand, Revenue and Forecasts Research Report by 2029
The Global Rockets and missiles industry are both types of guided projectiles that are designed to be launched into the air and then propelled towards a specific target. While the terms “rocket” and “missile” are sometimes used interchangeably, there are some differences between the two. A rocket is a self-propelled vehicle that uses a rocket engine to propel itself through the air. Rockets can be either guided or unguided, and they can be used for a variety of purposes, including space exploration, military applications, and scientific research.
Information Source: https://www.fortunebusinessinsights.com/industry-reports/rocket-and-missiles-market-101822
A missile, on the other hand, is a guided rocket that is designed to be launched at a specific target. Missiles can be either surface-to-surface, surface-to-air, air-to-surface, or air-to-air, depending on their intended target. They can be either guided by a human operator or by an onboard computer system.
Both rockets and missiles have been used in a variety of contexts, from military applications to space exploration. Some of the most famous rockets include NASA’s Saturn V rocket, which was used to send astronauts to the moon, and the Russian Soyuz rocket, which is still used today to send crews to the International Space Station. Some well-known missiles include the U.S. Tomahawk cruise missile and the Russian S-400 surface-to-air missile system.
Major Companies Covered in Rockets and Missiles Industry are:
- Denel Dynamics (South Africa)
- General Dynamics Corporation (U.S.)
- ROKETSAN A.S. (Turkey)
- KONGSBERG (Norway)
- Lockheed Martin Corporation (U.S.)
- MBDA (France)
- MESKO (Poland)
- Nammo AS (Norway)
- Rafael Advanced Defense Systems Ltd. (Israel)
- Raytheon Technologies Corporation (U.S.)
- Saab AB (Sweden)
- Thales Group (France)
Rockets and missiles are complex technologies that require a great deal of expertise to design and operate. They are used in a wide range of applications, from scientific research to military operations, and they continue to play an important role in shaping the world we live in.