Space Propulsion Market Trends and Opportunities: Enabling Efficient and Sustainable Space Operations
The space propulsion market is experiencing rapid evolution as global space activities expand beyond traditional government missions into commercial and private domains. With the market valued at USD 10.21 billion in 2024 and projected to reach USD 20.02 billion by 2030 at a CAGR of 11.9 %, propulsion technologies are increasingly recognized as a strategic foundation for the future of space transportation,...
Electric Propulsion Revolution Pushes Space Propulsion Market Toward USD 20.2 Billion Milestone
The Space Propulsion market is entering a transformative growth phase, driven by rapid advancements in propulsion systems, rising satellite deployments, and increasing investments in deep-space exploration. Estimated at USD 10.21 billion in 2024, the market is projected to reach USD 20.02 billion by 2030, growing at an impressive CAGR of 11.9%. As the global space industry shifts toward higher...