The global expansion of the Satellite Propulsion System Market is not uniform — regional dynamics play a substantial role, influenced by differing space policies, satellite deployment rates, and investment in domestic space capabilities. According to MRFR, North America remains the largest regional market for satellite propulsion systems as of 2024. This leadership is driven by a...

Over the next decade, the Satellite Propulsion System Market is poised for a marked transformation. Research indicates that the market, which stood at about US$11.5 billion in 2024, is projected to grow to approximately USD 34.15 billion by 2035, with a CAGR in the range of 10.4%. Industry SnapshotSatellite propulsion is the backbone of satellite mobility and lifetime. Whether...