The Journal of Space Commerce

The Journal of Space Commerce

Satellite Propulsion Market Worth $5.19 Billion by 2030: Report

Advancements in Propulsion Technology Driving Growth

Tom Patton's avatar
Tom Patton
Feb 07, 2025
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The Satellite Propulsion market, which was estimated in terms of market size to be $2.60 billion in 2024, could reach $5.19 billion by 2030, at a CAGR of 12.2% according to a new report by MarketsandMarkets.

The satellite propulsion market is driven by the increasing advancements in propulsion technology. Manufacturers are focusing on developing efficien…

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