What Happened
Growing Demand for Satellite Maneuvering Drives Market Growth
The in-space propulsion components market is expected to grow from $3.9 billion in 2026 to $11.9 billion by 2036, driven by increasing demand for satellite maneuvering and post-launch control. Electric propulsion is projected to account for 39.0% of the market share in 2026, while small satellites are expected to capture 31.0% share. The market growth is supported by satellite prime contractors’ need for thruster heads, debris-mitigation planning, and exploration mission teams’ requirement for efficient propulsion systems. This growth was reported by Fact.MR.