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.