The Rising Trajectory of LEO-Focused Satellite Propulsion Technology Market
The Low Earth Orbit satellite propulsion technology market is experiencing remarkable momentum, with industry analysts projecting substantial growth through the end of the decade. The market expanded from $8.54 billion in 2023 to $9.11 billion in 2024, and forecasts indicate it will reach approximately $12.93 billion by 2030. This surge reflects the accelerating demand for satellite-based services and the critical role propulsion systems play in the expanding LEO ecosystem. Explore the full report - https://futuremarketanalytics.com/report/leo-focused-satellite-propulsion-technology-market/ The Propulsion Landscape Liquid fuel propulsion systems command approximately 73% of the market share, maintaining their dominance due to superior performance characteristics and reliability. These systems offer precise thrust control and higher specific impulses compared to alternatives, making them the preferred choice for satellite operators seeking extended mission durations and eff...