The On-Orbit Satellite Servicing Market was valued at USD 1.6 billion in 2023-e and will surpass USD 5.4 billion by 2030; growing at a CAGR of 19.7% during 2024 - 2030. Technological advances in automation and robotics are anticipated to provide significant growth opportunities for the on-orbit satellite servicing market. However, like all technology, satellites are susceptible to wear and...

The on-orbit satellite servicing market is poised for exponential growth, fueled by advancements in technology and the increasing demand for space-based services. Valued at USD 1.6 billion in 2023, the market is projected to surpass USD 5.4 billion by 2030, registering a robust CAGR of 19.7% from 2024 to 2030. This article explores the key drivers, trends, challenges,...