Global Electric Propulsion Satellites Market Growth 2025-2031

Global Electric Propulsion Satellites Market Growth 2025-2031

The global Electric Propulsion Satellites market size is predicted to grow from US$ 151 million in 2025 to US$ 726 million in 2031; it is expected to grow at a CAGR of 30.0% from 2025 to 2031.

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. The use of electrical power enhances the propulsive performances of the EP thrusters compared with conventional chemical thrusters. Unlike chemical systems, electric propulsion requires very little mass to accelerate a spacecraft.

Europe is the largest Electric Propulsion Satellites market with about 40% market share. North America is follower, accounting for about 26% market share.The key manufacturers are ArianeGroup, Busek Co. Inc., SITAEL, Accion Systems Inc., HELMET etc. Top 3 companies occupied about 63% market share.

LP Information, Inc. (LPI) ' newest research report, the “Electric Propulsion Satellites Industry Forecast” looks at past sales and reviews total world Electric Propulsion Satellites sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Propulsion Satellites sales for 2025 through 2031. With Electric Propulsion Satellites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Propulsion Satellites industry.

This Insight Report provides a comprehensive analysis of the global Electric Propulsion Satellites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Propulsion Satellites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Propulsion Satellites market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Propulsion Satellites and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Propulsion Satellites.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Propulsion Satellites market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hall Effect Thruster (HET)
Pulsed Plasma Thruster (PPT)
Others

Segmentation by Application:
Nano Satellite
Microsatellite
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ArianeGroup
Busek Co. Inc.
SITAEL
Accion Systems Inc.
HELMET

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Propulsion Satellites market?

What factors are driving Electric Propulsion Satellites market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Propulsion Satellites market opportunities vary by end market size?

How does Electric Propulsion Satellites break out by Type, by Application?