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Synopsis
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.
The global Electric Propulsion System market size is expected to reach US$ 1690 million by 2029, growing at a CAGR of 22.2% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Propulsion System in various end use industries. The expanding demands from the Nano Satellite and Microsatellite, are propelling Electric Propulsion System market. Gridded Ion Engine (GIE), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hall Effect Thruster (HET) segment is estimated at % CAGR for the next seven-year period.
Global Electric Propulsion System key players include Aerospace Corporation, SITAEL, Bellatrix Aerospace, Busek, Accion Systems, etc. Global top five manufacturers hold a share about 80%. United States is the largest market, with a share about 60%, followed by Europe, with a share about 25 percent. In terms of product, HET is the largest segment, with a share about 60%. And in terms of application, the largest application is Microsatellite, followed by Nano Satellite.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Propulsion System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Propulsion System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Propulsion System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Propulsion System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook
Key companies of Electric Propulsion System covered in this report include Aerospace Corporation, SITAEL, Bellatrix Aerospace, Busek Co. Inc. and Accion Systems Inc., etc.
The global Electric Propulsion System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aerospace Corporation
SITAEL
Bellatrix Aerospace
Busek Co. Inc.
Accion Systems Inc.
Global Electric Propulsion System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Propulsion System market, Segment by Type:
Gridded Ion Engine (GIE)
Hall Effect Thruster (HET)
High Efficiency Multistage Plasma Thruster (HEMPT)
Pulsed Plasma Thruster (PPT)
Other
Global Electric Propulsion System market, by Application
Nano Satellite
Microsatellite
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Electric Propulsion System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Electric Propulsion System
1.1 Electric Propulsion System Market Overview
1.1.1 Electric Propulsion System Product Scope
1.1.2 Electric Propulsion System Market Status and Outlook
1.2 Global Electric Propulsion System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Electric Propulsion System Market Size by Region (2018-2029)
1.4 Global Electric Propulsion System Historic Market Size by Region (2018-2023)
1.5 Global Electric Propulsion System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Electric Propulsion System Market Size (2018-2029)
1.6.1 North America Electric Propulsion System Market Size (2018-2029)
1.6.2 Europe Electric Propulsion System Market Size (2018-2029)
1.6.3 Asia-Pacific Electric Propulsion System Market Size (2018-2029)
1.6.4 Latin America Electric Propulsion System Market Size (2018-2029)
1.6.5 Middle East & Africa Electric Propulsion System Market Size (2018-2029)
2 Electric Propulsion System Market by Type
2.1 Introduction
2.1.1 Gridded Ion Engine (GIE)
2.1.2 Hall Effect Thruster (HET)
2.1.3 High Efficiency Multistage Plasma Thruster (HEMPT)
2.1.4 Pulsed Plasma Thruster (PPT)
2.1.5 Other
2.2 Global Electric Propulsion System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Electric Propulsion System Historic Market Size by Type (2018-2023)
2.2.2 Global Electric Propulsion System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Electric Propulsion System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Electric Propulsion System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Electric Propulsion System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Electric Propulsion System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Electric Propulsion System Revenue Breakdown by Type (2018-2029)
3 Electric Propulsion System Market Overview by Application
3.1 Introduction
3.1.1 Nano Satellite
3.1.2 Microsatellite
3.2 Global Electric Propulsion System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Electric Propulsion System Historic Market Size by Application (2018-2023)
3.2.2 Global Electric Propulsion System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Electric Propulsion System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Electric Propulsion System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Electric Propulsion System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Electric Propulsion System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Electric Propulsion System Revenue Breakdown by Application (2018-2029)
4 Electric Propulsion System Competition Analysis by Players
4.1 Global Electric Propulsion System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Propulsion System as of 2022)
4.3 Date of Key Players Enter into Electric Propulsion System Market
4.4 Global Top Players Electric Propulsion System Headquarters and Area Served
4.5 Key Players Electric Propulsion System Product Solution and Service
4.6 Competitive Status
4.6.1 Electric Propulsion System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Aerospace Corporation
5.1.1 Aerospace Corporation Profile
5.1.2 Aerospace Corporation Main Business
5.1.3 Aerospace Corporation Electric Propulsion System Products, Services and Solutions
5.1.4 Aerospace Corporation Electric Propulsion System Revenue (US$ Million) & (2018-2023)
5.1.5 Aerospace Corporation Recent Developments
5.2 SITAEL
5.2.1 SITAEL Profile
5.2.2 SITAEL Main Business
5.2.3 SITAEL Electric Propulsion System Products, Services and Solutions
5.2.4 SITAEL Electric Propulsion System Revenue (US$ Million) & (2018-2023)
5.2.5 SITAEL Recent Developments
5.3 Bellatrix Aerospace
5.3.1 Bellatrix Aerospace Profile
5.3.2 Bellatrix Aerospace Main Business
5.3.3 Bellatrix Aerospace Electric Propulsion System Products, Services and Solutions
5.3.4 Bellatrix Aerospace Electric Propulsion System Revenue (US$ Million) & (2018-2023)
5.3.5 Busek Co. Inc. Recent Developments
5.4 Busek Co. Inc.
5.4.1 Busek Co. Inc. Profile
5.4.2 Busek Co. Inc. Main Business
5.4.3 Busek Co. Inc. Electric Propulsion System Products, Services and Solutions
5.4.4 Busek Co. Inc. Electric Propulsion System Revenue (US$ Million) & (2018-2023)
5.4.5 Busek Co. Inc. Recent Developments
5.5 Accion Systems Inc.
5.5.1 Accion Systems Inc. Profile
5.5.2 Accion Systems Inc. Main Business
5.5.3 Accion Systems Inc. Electric Propulsion System Products, Services and Solutions
5.5.4 Accion Systems Inc. Electric Propulsion System Revenue (US$ Million) & (2018-2023)
5.5.5 Accion Systems Inc. Recent Developments
6 North America
6.1 North America Electric Propulsion System Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Electric Propulsion System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Electric Propulsion System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Electric Propulsion System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Electric Propulsion System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Electric Propulsion System Market Dynamics
11.1 Electric Propulsion System Industry Trends
11.2 Electric Propulsion System Market Drivers
11.3 Electric Propulsion System Market Challenges
11.4 Electric Propulsion System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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