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...
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...