中金公司:全球商业航天蓬勃发展牵引火箭发射需求,国内复用火箭有望逐步成熟
Mei Ri Jing Ji Xin Wen·2025-12-05 00:08

Core Insights - The report from CICC highlights the robust growth of the global commercial aerospace sector, which is driving the demand for rocket launches [1] Group 1: Global Launch Demand - The demand for rocket launches is being propelled by the construction of commercial remote sensing and communication satellite constellations [1] - Global space launches are projected to increase from 112 times in 2020 to 263 times in 2024, with commercial rockets becoming the mainstay of global launches [1] Group 2: Domestic Rocket Development - Since 2014, domestic commercial rocket companies have rapidly developed, achieving consecutive successful launches and executing commercial launch missions [1] - Reusable rocket models such as Zhuque-3 and Tianlong-3 are expected to have their maiden flights concentrated between 2025 and 2026, which is anticipated to significantly enhance domestic rocket capacity [1]