On-Orbit Satellite Servicing Market Worth $5.1 Billion by 2030: Report

The global On-Orbit Satellite Servicing Market, valued at $2.4 billion in 2023, is projected to reach $5.1 billion by 2030; registering a CAGR of 11.5 percent during the forecast period according to a new report by MarketsandMarkets. Increasing aging satellite constellations, need for satellite refueling are driving the growth of the on-orbit satellite …