Space propulsion market is projected to grow from USD 6.7 billion in 2021 to USD 14.2 billion by 2027, at a CAGR of 16.2% from 2021 to 2027.
The space propulsion systems market is gaining widespread importance as the efforts of commercial space companies as well as space agencies to develop more efficient, non-toxic and improved space propulsion systems to contribute to the significant growth of the space propulsion systems market.
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Space propulsion system market includes
- IHI Corporation
- Lockheed Martin Corporation
- Mitsubishi Heavy Industries, Ltd
- Northrop Grumman Corporation
By Support Service
- Design, Engineering, & Operation
- Hot Firing & Environmental Test Execution
- Fueling & Launch Support
By Orbit
- Low Earth orbit (LEO)
- Medium Earth orbit (MEO)
- Geostationary Earth Orbit (GEO)
- Beyond Geosynchronous Orbit
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
