The Journal of Space Commerce

The Journal of Space Commerce

Space Propulsion Market worth $18.1 billion by 2028

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Tom Patton
Aug 01, 2023
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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…

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