The Journal of Space Commerce

The Journal of Space Commerce

Space Propulsion Market Worth $20.02 Billion by 2030: Report

Forecast Driven by Multiple Advancements in the Sector

Tom Patton's avatar
Tom Patton
Mar 04, 2025
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The Space Propulsion market is estimated in terms of market size to be USD 10.21 billion in 2024 to USD 20.02 billion by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets. The Space Propulsion market is driven by the increasing advancements in propulsion technology.

Manufacturers are focusing on developing efficient and cost effect…

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