Global Space Propulsion Market: Growth Outlook & Forecast (2024-2030)

The global space propulsion market is poised for substantial growth, projected to increase from USD 10.21 billion in 2024 to USD 20.02 billion by 2030, reflecting a robust CAGR of 11.9%. This surge is fueled by technological advancements, rising investments in satellite deployments, and increasing government and private sector initiatives. The demand for efficient and sustainable propulsion solutions...

Orbiting Success: The Dominance of Low Earth Orbit in Space Propulsion

The Space Propulsion Market is experiencing significant growth, driven by technological advancements and the increasing demand for satellite launches and space exploration missions. According to a research report titled “Space Propulsion Market” published by MarketsandMarkets, the market is projected to expand from USD 8.3 billion in 2021 to USD 22.5 billion by 2026, representing a compound...