The Journal of Space Commerce

The Journal of Space Commerce

Space Power Supply Markets Expected to Grow Through 2032

Tom Patton's avatar
Tom Patton
Jun 22, 2022
∙ Paid

The global space power supply markets are estimated to reach $5.1 billion in 2032, an increase from $2.6 billion in 2021, at a growth rate of 1.66% during the forecast period 2022-2032. The growth in the space power supply market is majorly attributed to the growing number of satellite launches and the development of reusable launch systems.

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