Space Propulsion Market Trends: Electric, Chemical, and Nuclear Systems Drive Growth
The global space propulsion market, valued at USD 13.36 billion in 2025, is expected to reach USD 20.02 billion by 2030, growing at a CAGR of 12% during the forecast period. The expansion of Low Earth Orbit (LEO) satellite constellations and the surge in satellite launch activities are major factors fueling this growth. Demand is rising for advanced propulsion technologies...
How Commercial Space Players Are Powering Growth in Propulsion Systems?
The landscape of space propulsion is undergoing a significant transformation, fueled largely by the rapid growth of the commercial space sector. Once dominated by government agencies, space is now increasingly populated by private players who are investing heavily in next-generation propulsion systems to meet evolving demands for efficiency, flexibility, and sustainability.
Commercial companies...