The medium and large satellite market is poised for significant growth, driven by a confluence of factors including the increasing demand for communication services and remarkable advancements in space technology. Valued at US$140.5 billion in 2022, this sector is forecasted to expand at a robust CAGR of 7.1%, reaching a staggering US$243.3 billion by the end of 2031.
Driving Forces
The surge...
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