Forecast: Complete Missiles, Space Vehicle Engines and Propulsion Units Sales in the US

In 2023, the actual sales of complete missiles, space vehicle engines, and propulsion units in the US market equaled USD 1.8610 billion. With forward-looking data, the forecast for 2024 suggests a slight decrease to USD 1.8518 billion, followed by steady declines each subsequent year, reaching USD 1.8105 billion by 2028. This indicates a subtle year-on-year contraction in market sales volume.

Future trends to watch for:

  • Technological advancements might stimulate new market offerings that offset the declining trend.
  • Defense and space exploration policies could dramatically impact demand.
  • Partnerships between private and public sector entities may introduce new investment and growth opportunities.

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