The Journal of Space Commerce

The Journal of Space Commerce

Space Propulsion Market worth $18.1 billion by 2028

Tom Patton's avatar
Tom Patton
Aug 01, 2023
∙ Paid

The space propulsion market is estimated to be $10.6 billion in 2023 and is projected to reach $18.1 billion by 2028, at a CAGR of 11.3% during the forecast period, according to a new report by MarketsandMarkets. The driving factor is the rising demand for advanced electric propulsion systems, significant investments by venture capital companies in spac…

User's avatar

Continue reading this post for free, courtesy of Mike Turner.

Or purchase a paid subscription.
© 2026 Ex Terra Media, LLC · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture