Global Space Equipment Market to Reach $496.7B by 2027

The global space equipment market, estimated at $369 billion in the year 2020, is projected to reach a revised size of $496.7 billion by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027.

Communications Satellites, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach $233.9 billion by the end of the an…