On-Orbit Satellite Servicing Market to Reach $9.0 Billion, Globally, by 2032 at 10.59% CAGR: Allied Market Research [Yahoo! Finance]
Maxar Technologies Inc. (MAXR)
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Source: Yahoo! Finance
Debris Removal (ADR) and Orbit Adjustment, Robotic Servicing, Refuelling, Assembly), Orbit Type (LEO (Low Earth Orbit), MEO (Medium Earth Orbit), GEO (Geostationary Orbit)), and End-User (Commercial, Military and Government): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the "on-orbit satellite servicing market" was valued at $3.4 billion in 2022, and is estimated to reach $9.0 billion by 2032, growing at a CAGR of 10.59% from 2023 to 2032. Prime Determinants of Growth The global on-orbit satellite servicing market is driven by factors such as proliferation of aging satellite population, which fuels the demand for on-orbit satellite servicing. However, complications in technology are projected to hinder market growth. On the contrary, rise in deployment of small satellites create lucrative growth opportunities. Request Sample Pages: https://www.alliedmarketresearch.com/request-sample/A323206 Report Coverage & Details: Report Coverage
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