Space Propulsion System Market to Reach $32.8 Billion by 2031

The global space propulsion system market generated $8.9 billion in 2021, and is projected to reach $32.8 billion by 2031, growing at a CAGR of 14.3% from 2022 to 2031.

The data is from a recently published report from Allied Market Research. A rise in demand for low earth orbit-based services, a surge in space exploration missions, and an increase in de…