✉news ScienceSpace Policy first seen 8 h ago, last 40 min ago, peak #27

Space sensors and actuators market to hit $9.04 billion by 2031

Original: Space Sensors and Actuators Market worth $9.04 billion by 2031 - Exclusive Report by MarketsandMarkets™

MarketsandMarkets projects the global space sensors and actuators market to reach $9.04 billion by 2031, according to a new industry report. The forecast points to growing demand for spacecraft hardware driven by expanding satellite deployments, deep-space missions and rising commercial space activity. Industry watchers are citing the figure as a signal of sustained investment across the space technology supply chain.

Why now: A fresh market forecast highlights rapid growth expectations in the commercial space hardware sector.

MarketsandMarketsspace sensors and actuators market

Open on news →

Evidence

• Space Sensors and Actuators Market worth $9.04 billion by 2031 - Exclusive Report by MarketsandMarkets™ · PR Newswire

API: https://socialmediatrends-api.osmike.com/v1/trends/743651