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Launch Vehicle Components & Subsystems

Tier 2 · $5.8B (2025) · +9.2% CAGR

Launch vehicle components and subsystems encompass the critical hardware that makes rockets function, including flight avionics, guidance navigation and control (GNC) systems, payload fairings, interstage structures, tank fabrication, stage separation mechanisms, and thermal protection systems. The sector supplies both prime launch vehicle manufacturers and emerging new-space rocket companies. Growing launch cadence and new vehicle programs are expanding the addressable market.

Market Size

$5.8B (2025)

Growth Rate

+9.2% CAGR

Key Metric

40+ active launch vehicle programs globally

Companies in This Sector

5 tracked

Market Leaders

Moog Inc.Actuators, avionics, and propulsion components for launch vehicles

RUAG SpacePayload fairings, adapters, and structures for Ariane, Vega, Atlas V

Curtiss-WrightFlight data recorders, sensors, and electronics for launch vehicles

Aerojet Rocketdyne (L3Harris)RS-25, RL10 engines plus turbopumps and components

Challengers

AMRO FabricatingRocket motor casings, pressure vessels, and structural components

Key Trends

→Additive manufacturing reducing part count and lead times for engine components
→Composite materials replacing metals for lighter fairings and structures
→Radiation-hardened avionics demand growing with higher launch cadence
→Vertical integration by prime contractors squeezing traditional component suppliers