Market Expansion Strategies for Propulsion System Manufacturers
November 21, 2023 ⚊ 1 Min read ⚊ Views 34 ⚊ BUSINESS
The Global Propulsion System Market was valued around US $ 10.21 BN in 2022 and is expected to reach US $19.76 BN by 2030 with a CAGR of 12.45% during the forecast period.In the aerospace sector, a paradigm shift is underway with a relentless focus on developing engines that are not only more fuel-efficient but also more powerful. Propulsion system advancements in this industry play a crucial role in improving aircraft performance while simultaneously mitigating environmental impact. The industry is responding to the imperative need to reduce carbon emissions by embracing cleaner and greener propulsion technologies.
Tags: Propulsion System Market Aerospace Propulsion Elec
