The global space propulsion market size was valued at $7.31 billion in 2021. It’s expected to grow to $9.70 billion in 2023 and then reach $30.21 billion by 2031. That’s a projected annual growth rate of 15.24% over that period. In 2020, during the pandemic, the market had a lower growth rate of 5.1% compared to the 2017-2019 […]
Space Propulsion Market Size, Share Growth Status and Emerging Technology by 2028
The global space propulsion market size, which encompasses the technologies used to power spacecraft, satellites, and other space vehicles, was valued at $6.23 billion in 2020. Analysts project this market will see significant growth in the coming years, expanding from $7.31 billion in 2021 to reach $19.74 billion by 2028. This represents an impressive compound annual […]