Global Electric Propulsion System Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Electric Propulsion System Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


Summary

Electric Propulsion (EP) is a class of space propulsion which makes use of electrical power to accelerate a propellant by different possible electrical and/or magnetic means. An electrically powered spacecraft propulsion system uses electrical energy to change the velocity of a spacecraft. Most of these kinds of spacecraft propulsion systems work by electrically expelling propellant at high speed. This report focus on Electric propulsion on the nano and microsatellite market.

According to APO Research, The global Electric Propulsion System market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Electric Propulsion System is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Electric Propulsion System is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Electric Propulsion System is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Electric Propulsion System is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global companies of Electric Propulsion System include Aerospace Corporation, SITAEL, Bellatrix Aerospace, Busek Co. Inc. and Accion Systems Inc., etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Includes

This report presents an overview of global market for Electric Propulsion System, market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Electric Propulsion System, also provides the revenue of main regions and countries. Of the upcoming market potential for Electric Propulsion System, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Electric Propulsion System revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Electric Propulsion System market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Electric Propulsion System revenue, projected growth trends, production technology, application and end-user industry.

Electric Propulsion System segment by Company

Aerospace Corporation
SITAEL
Bellatrix Aerospace
Busek Co. Inc.
Accion Systems Inc.
Electric Propulsion System segment by Type

Gridded Ion Engine (GIE)
Hall Effect Thruster (HET)
High Efficiency Multistage Plasma Thruster (HEMPT)
Pulsed Plasma Thruster (PPT)
Other
Electric Propulsion System segment by Application

Nano Satellite
Microsatellite
Electric Propulsion System segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia

Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Propulsion System market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Propulsion System and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Propulsion System.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Electric Propulsion System in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Electric Propulsion System industry.
Chapter 3: Detailed analysis of Electric Propulsion System companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Propulsion Systemrevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: MEALA by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Market Analysis by Type
1.2.1 Global Electric Propulsion System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Gridded Ion Engine (GIE)
1.2.3 Hall Effect Thruster (HET)
1.2.4 High Efficiency Multistage Plasma Thruster (HEMPT)
1.2.5 Pulsed Plasma Thruster (PPT)
1.2.6 Other
1.3 Market Analysis by Application
1.3.1 Global Electric Propulsion System Market Size Growth Rate by Application: 2019 VS 2023 VS 2030
1.3.2 Nano Satellite
1.3.3 Microsatellite
1.4 Global Market Growth Prospects
1.5 Global Electric Propulsion System Growth Trends by Region
1.5.1 Global Electric Propulsion System Market Size by Region: 2019 VS 2023 VS 2030
1.5.2 Electric Propulsion System Market Size by Region (2019-2024)
1.5.3 Electric Propulsion System Market Size by Region (2025-2030)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
1.8 Years Considered
2 Global Electric Propulsion System Market Dynamics
2.1 Electric Propulsion System Industry Trends
2.2 Electric Propulsion System Industry Drivers
2.3 Electric Propulsion System Industry Opportunities and Challenges
2.4 Electric Propulsion System Industry Restraints
3 Competitive Landscape by Company
3.1 Global Electric Propulsion System Revenue by Company (2019-2024)
3.2 Global Electric Propulsion System Players Revenue Ranking, 2022 VS 2023 VS 2024
3.3 Global Electric Propulsion System Key Company Head office and Area Served
3.4 Global Electric Propulsion System Company, Product Type & Application
3.5 Global Electric Propulsion System Company Commercialization Time
3.6 Market Competitive Analysis
3.6.1 Global Electric Propulsion System Market CR5 and HHI
3.6.2 Global Top 5 and 10 Electric Propulsion System Players Market Share by Revenue in 2023
3.6.3 2023 Electric Propulsion System Tier 1, Tier 2, and Tier 3
4 Electric Propulsion System Market by Type
4.1 Global Electric Propulsion System Market Size by Type (2019 VS 2023 VS 2030)
4.2 Global Electric Propulsion System Market Size by Type (2019-2030)
4.3 Global Electric Propulsion System Market Size Share by Type (2019-2030)
5 Electric Propulsion System Market by Application
5.1 Global Electric Propulsion System Market Size by Application (2019 VS 2023 VS 2030)
5.2 Global Electric Propulsion System Market Size by Application (2019-2030)
5.3 Global Electric Propulsion System Market Size Share by Application (2019-2030)
6 Company Profiles
6.1 Aerospace Corporation
6.1.1 Aerospace Corporation Comapny Information
6.1.2 Aerospace Corporation Business Overview
6.1.3 Aerospace Corporation Electric Propulsion System Revenue and Gross Margin (US$ Million) & (2019-2024)
6.1.4 Aerospace Corporation Electric Propulsion System Product Portfolio
6.1.5 Aerospace Corporation Recent Developments
6.2 SITAEL
6.2.1 SITAEL Comapny Information
6.2.2 SITAEL Business Overview
6.2.3 SITAEL Electric Propulsion System Revenue and Gross Margin (US$ Million) & (2019-2024)
6.2.4 SITAEL Electric Propulsion System Product Portfolio
6.2.5 SITAEL Recent Developments
6.3 Bellatrix Aerospace
6.3.1 Bellatrix Aerospace Comapny Information
6.3.2 Bellatrix Aerospace Business Overview
6.3.3 Bellatrix Aerospace Electric Propulsion System Revenue and Gross Margin (US$ Million) & (2019-2024)
6.3.4 Bellatrix Aerospace Electric Propulsion System Product Portfolio
6.3.5 Bellatrix Aerospace Recent Developments
6.4 Busek Co. Inc.
6.4.1 Busek Co. Inc. Comapny Information
6.4.2 Busek Co. Inc. Business Overview
6.4.3 Busek Co. Inc. Electric Propulsion System Revenue and Gross Margin (US$ Million) & (2019-2024)
6.4.4 Busek Co. Inc. Electric Propulsion System Product Portfolio
6.4.5 Busek Co. Inc. Recent Developments
6.5 Accion Systems Inc.
6.5.1 Accion Systems Inc. Comapny Information
6.5.2 Accion Systems Inc. Business Overview
6.5.3 Accion Systems Inc. Electric Propulsion System Revenue and Gross Margin (US$ Million) & (2019-2024)
6.5.4 Accion Systems Inc. Electric Propulsion System Product Portfolio
6.5.5 Accion Systems Inc. Recent Developments
7 North America
7.1 North America Electric Propulsion System Market Size (2019-2030)
7.2 North America Electric Propulsion System Market Size by Type
7.2.1 North America Electric Propulsion System Market Size by Type (2019-2024)
7.2.2 North America Electric Propulsion System Market Size by Type (2025-2030)
7.2.3 North America Electric Propulsion System Market Share by Type (2019-2030)
7.3 North America Electric Propulsion System Market Size by Application
7.3.1 North America Electric Propulsion System Market Size by Application (2019-2024)
7.3.2 North America Electric Propulsion System Market Size by Application (2025-2030)
7.3.3 North America Electric Propulsion System Market Share by Application (2019-2030)
7.4 North America Electric Propulsion System Market Size by Country
7.4.1 North America Electric Propulsion System Market Size by Country (2019 VS 2023 VS 2030)
7.4.2 North America Electric Propulsion System Market Size by Country (2019-2024)
7.4.3 North America Electric Propulsion System Market Size by Country (2025-2030)
7.4.4 North America Electric Propulsion System Market Share by Country (2019-2030)
7.4.5 United States
7.4.6 Canada
8 Europe
8.1 Europe Electric Propulsion System Market Size (2019-2030)
8.2 Europe Electric Propulsion System Market Size by Type
8.2.1 Europe Electric Propulsion System Market Size by Type (2019-2024)
8.2.2 Europe Electric Propulsion System Market Size by Type (2025-2030)
8.2.3 Europe Electric Propulsion System Market Share by Type (2019-2030)
8.3 Europe Electric Propulsion System Market Size by Application
8.3.1 Europe Electric Propulsion System Market Size by Application (2019-2024)
8.3.2 Europe Electric Propulsion System Market Size by Application (2025-2030)
8.3.3 Europe Electric Propulsion System Market Share by Application (2019-2030)
8.4 Europe Electric Propulsion System Market Size by Country
8.4.1 Europe Electric Propulsion System Market Size by Country (2019 VS 2023 VS 2030)
8.4.2 Europe Electric Propulsion System Market Size by Country (2019-2024)
8.4.3 Europe Electric Propulsion System Market Size by Country (2025-2030)
8.4.4 Europe Electric Propulsion System Market Share by Country (2019-2030)
8.4.5 Germany
8.4.6 France
8.4.7 U.K.
8.4.8 Italy
8.4.9 Russia
8.4.10 Nordic Countries
9 China
9.1 China Electric Propulsion System Market Size (2019-2030)
9.2 China Electric Propulsion System Market Size by Type
9.2.1 China Electric Propulsion System Market Size by Type (2019-2024)
9.2.2 China Electric Propulsion System Market Size by Type (2025-2030)
9.2.3 China Electric Propulsion System Market Share by Type (2019-2030)
9.3 China Electric Propulsion System Market Size by Application
9.3.1 China Electric Propulsion System Market Size by Application (2019-2024)
9.3.2 China Electric Propulsion System Market Size by Application (2025-2030)
9.3.3 China Electric Propulsion System Market Share by Application (2019-2030)
10 Asia
10.1 Asia Electric Propulsion System Market Size (2019-2030)
10.2 Asia Electric Propulsion System Market Size by Type
10.2.1 Asia Electric Propulsion System Market Size by Type (2019-2024)
10.2.2 Asia Electric Propulsion System Market Size by Type (2025-2030)
10.2.3 Asia Electric Propulsion System Market Share by Type (2019-2030)
10.3 Asia Electric Propulsion System Market Size by Application
10.3.1 Asia Electric Propulsion System Market Size by Application (2019-2024)
10.3.2 Asia Electric Propulsion System Market Size by Application (2025-2030)
10.3.3 Asia Electric Propulsion System Market Share by Application (2019-2030)
10.4 Asia Electric Propulsion System Market Size by Country
10.4.1 Asia Electric Propulsion System Market Size by Country (2019 VS 2023 VS 2030)
10.4.2 Asia Electric Propulsion System Market Size by Country (2019-2024)
10.4.3 Asia Electric Propulsion System Market Size by Country (2025-2030)
10.4.4 Asia Electric Propulsion System Market Share by Country (2019-2030)
10.4.5 Japan
10.4.6 South Korea
10.4.7 China Taiwan
10.4.8 Southeast Asia
10.4.9 India
10.4.10 Australia
11 MEALA
11.1 MEALA Electric Propulsion System Market Size (2019-2030)
11.2 MEALA Electric Propulsion System Market Size by Type
11.2.1 MEALA Electric Propulsion System Market Size by Type (2019-2024)
11.2.2 MEALA Electric Propulsion System Market Size by Type (2025-2030)
11.2.3 MEALA Electric Propulsion System Market Share by Type (2019-2030)
11.3 MEALA Electric Propulsion System Market Size by Application
11.3.1 MEALA Electric Propulsion System Market Size by Application (2019-2024)
11.3.2 MEALA Electric Propulsion System Market Size by Application (2025-2030)
11.3.3 MEALA Electric Propulsion System Market Share by Application (2019-2030)
11.4 MEALA Electric Propulsion System Market Size by Country
11.4.1 MEALA Electric Propulsion System Market Size by Country (2019 VS 2023 VS 2030)
11.4.2 MEALA Electric Propulsion System Market Size by Country (2019-2024)
11.4.3 MEALA Electric Propulsion System Market Size by Country (2025-2030)
11.4.4 MEALA Electric Propulsion System Market Share by Country (2019-2030)
11.4.5 Brazil
11.4.6 Mexico
11.4.7 Turkey
11.4.8 Israel
11.4.9 GCC Countries
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources
13.6 Disclaimer

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