Satellite Propulsion System Market size is expected to grow at a CAGR Of 11.78% from 2024 to 2030, reaching nearly USD 24.27 Bn. by 2030.
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  • Satellite Propulsion System Market size is expected to grow at a CAGR Of 11.78% from 2024 to 2030, reaching nearly USD 24.27 Bn. by 2030.

    (Transportation-News.com, July 14, 2024 ) North America, especially the U.S., leads the market due to strong space technology infrastructure. Due to established space agencies like NASA and private companies like SpaceX, Blue Origin and Boeing. Significant contribution of NASA’s Solar Propulsion project boosts market growth.



    Satellite Propulsion System market is experiencing robust growth driven by increasing demand for reliable CubeSat solutions and significant investments from government and private sectors.





    To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Satellite-Propulsion-System-Market/1924







    Technological advancements in chemical, electric, nuclear and solar propulsion are revolutionizing space operations. Electric propulsion systems, noted for their efficiency and cost-effectiveness, are particularly promising.



    Satellite Propulsion System Market Segmentation:



    By Type:



    Non-Chemical Propulsion

    Chemical Propulsion

    By Class of Orbit:



    Elliptical

    GEO

    LEO

    MEO

    By End-User:



    Civil and Earth Observation

    Government and Military

    Commercial

    Satellite Propulsion System Market’s Key Players include:



    Aerojet Rocketdyne (El Segundo, California, USA)

    Boeing Defense, Space & Security (Arlington, Virginia, USA)

    Northrop Grumman Innovation Systems (Dulles, Virginia, USA)

    Lockheed Martin Space Systems (Denver, Colorado, USA)

    Rocketdyne (Canoga Park, California, USA)

    Ball Aerospace & Technologies Corp. (Broomfield, Colorado, USA)

    To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/Satellite-Propulsion-System-Market/1924







    Stellar Market Research is leading Aerospace & Defence research firm, has also published the following reports:



    Electronic Flight Bag Market size was valued at USD 2.89 Bn. in 2023 and the total Global Electronic Flight Bag revenue is expected to grow at a CAGR of 9.3% from 2024 to 2030, reaching nearly USD 5.42 Bn. by 2030.



    Aircraft Gears Market size was valued at USD 340 Mn. in 2023 and the total Aircraft Gears Market size is expected to grow at a CAGR of 2.92% from 2024 to 2030, reaching nearly USD 416 Mn. by 2030.





    About Stellar Market Research



    Stellar Market Research is a Pune based research firm. The company provides B2B and B2C



    research and reports on 6,500 high-growth emerging opportunities and technologies as well



    as threats to the companies. The topics include Healthcare, Pharmaceuticals, Electronics and



    communications, Internet of Things, Food and Beverages, Aerospace and defence, and other



    manufacturing sectors.

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