国防军工行业2026年度策略：御风而行，乘政策技术共振之势，绘商业航天新纪元（附下载）

Group 1 - The commercial aerospace industry is entering a golden age, with commercial launch vehicles being a crucial component of this growth [1][2] - The industry chain of commercial aerospace includes upstream (satellite and rocket development), midstream (launch services and satellite operations), and downstream (communication and navigation applications) [1][2] - The Chinese government has prioritized the development of strategic emerging industries, including commercial aerospace, as part of its economic strategy [2][3] Group 2 - Launch vehicles are primarily composed of four systems: structural, propulsion, guidance, and payload systems [3][4] - Launch vehicles can be classified by propellant type (liquid, solid, or hybrid) and by stage structure (single-stage or multi-stage) [4][5] - Reusable rocket technology is a key focus for future development, as it significantly reduces launch costs and enhances efficiency [6][7] Group 3 - The recovery of reusable rockets involves critical technologies such as vertical landing, which requires precise control and timing [19][20] - The U.S. has achieved regular application of rocket reuse technology, exemplified by the Falcon 9 rocket, while China is making steady progress in this area [20][21] - Sea-based launch and recovery systems are emerging as a new trend in the aerospace industry, addressing limitations of traditional land-based launches [21][24] Group 4 - The global commercial rocket market is rapidly developing, with significant potential to open up a trillion-dollar market space [25]