The global Solid Rocket Motors Market was valued at USD 6.79 billion in 2024 and is projected to grow from USD 7.45 billion in 2025 to USD 10.01 billion by 2029, at a CAGR of 8.1% during the forecast period. By volume, the solid rocket motor platforms market is projected to grow from 72,136 units in 2024 to 95,859 units by 2029. The market is driven by the rising number of space missions and increased adoption of solid rocket motors in defense sectors. Strategic investments in advanced manufacturing and innovations in solid rocket motor design further propel market growth.