Fueling the Future: The Surge in Advanced Propulsion Systems Driving Global Space Exploration
The Space Propulsion Industry is rapidly evolving, driven by technological advancements and increasing global interest in space exploration. This industry is essential for enabling spacecraft to travel through space, whether for satellite deployment, deep-space missions, or human space exploration. As countries and private companies invest heavily in space missions, the demand for more efficient and...
Exploring the Final Frontier: Space Industry Projections to Hit $6.1 Trillion by 2064
The report “Future of Space: Emerging Technologies, Evolving Disruptions, Future Outlook and Growth Opportunities to 2064” The total space economy is forecasted to grow to USD 1.7 Trillion by 2034 & anticipated to grow to USD 6.1 Trillion by 2064.
This study offers an in-depth analysis of the future landscape of the space industry, providing critical insights for both space market...
Satellite Bus Advancements Fuel Growth in the Small Satellite Market
The Small Satellite Market is estimated to grow to USD 11.2 billion by 2029, from USD 5.2 billion in 2024, at a CAGR of 16.6% from 2024 to 2029 and is expected to be led by North America in 2024. At the heart of the space ecosystem, the small satellite industry stands out for its energy and the many chances it opens up. Several key factors are pushing the industry ahead: the goal to provide...
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...
Satellite Launch Vehicle Market to Expand Rapidly Over Next Decade
This Report analyzes the Satellite Launch Vehicle Market from 2022 to 2027. It discusses various industry and technology trends currently prevailing in the satellite launch vehicle market along with the factors that drive, restrain, and challenge the market growth globally. The satellite launch vehicle market is projected to grow from USD 15.7 billion in 2022 to 29.1 billion by 2027, at...