Overview of the Market for Guided Missile And Space Vehicle Propulsion Unit in the USA
In value terms, production of guided missile and space vehicle propulsion units and their parts dropped to $ in 2019. Overall, production saw a abrupt setback. The pace of growth was the most pronounced in 2015 with a decrease of -% against the previous year. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.
The revenue of the market for guided missile and space vehicle propulsion units and their parts in the U.S. soared to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Consumption peaked at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.