The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
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 was valued at US$ 409 million in 2023 and is anticipated to reach US$ 1690 million by 2030, witnessing a CAGR of 22.2% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Electric Propulsion System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Propulsion System.
Report Scope
The Electric Propulsion System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Propulsion System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Propulsion System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Aerospace Corporation
- SITAEL
- Bellatrix Aerospace
- Busek Co. Inc.
- Accion Systems Inc.
Segment by Type
- Gridded Ion Engine (GIE)
- Hall Effect Thruster (HET)
- High Efficiency Multistage Plasma Thruster (HEMPT)
- Pulsed Plasma Thruster (PPT)
- Other
Segment by Application
- Nano Satellite
- Microsatellite
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Electric Propulsion System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
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 by Application
1.3.1 Global Electric Propulsion System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Nano Satellite
1.3.3 Microsatellite
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electric Propulsion System Market Perspective (2019-2030)
2.2 Electric Propulsion System Growth Trends by Region
2.2.1 Global Electric Propulsion System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Electric Propulsion System Historic Market Size by Region (2019-2024)
2.2.3 Electric Propulsion System Forecasted Market Size by Region (2025-2030)
2.3 Electric Propulsion System Market Dynamics
2.3.1 Electric Propulsion System Industry Trends
2.3.2 Electric Propulsion System Market Drivers
2.3.3 Electric Propulsion System Market Challenges
2.3.4 Electric Propulsion System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electric Propulsion System Players by Revenue
3.1.1 Global Top Electric Propulsion System Players by Revenue (2019-2024)
3.1.2 Global Electric Propulsion System Revenue Market Share by Players (2019-2024)
3.2 Global Electric Propulsion System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Electric Propulsion System Revenue
3.4 Global Electric Propulsion System Market Concentration Ratio
3.4.1 Global Electric Propulsion System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electric Propulsion System Revenue in 2023
3.5 Electric Propulsion System Key Players Head office and Area Served
3.6 Key Players Electric Propulsion System Product Solution and Service
3.7 Date of Enter into Electric Propulsion System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Electric Propulsion System Breakdown Data by Type
4.1 Global Electric Propulsion System Historic Market Size by Type (2019-2024)
4.2 Global Electric Propulsion System Forecasted Market Size by Type (2025-2030)
5 Electric Propulsion System Breakdown Data by Application
5.1 Global Electric Propulsion System Historic Market Size by Application (2019-2024)
5.2 Global Electric Propulsion System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Electric Propulsion System Market Size (2019-2030)
6.2 North America Electric Propulsion System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Electric Propulsion System Market Size by Country (2019-2024)
6.4 North America Electric Propulsion System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electric Propulsion System Market Size (2019-2030)
7.2 Europe Electric Propulsion System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Electric Propulsion System Market Size by Country (2019-2024)
7.4 Europe Electric Propulsion System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Electric Propulsion System Market Size (2019-2030)
8.2 Asia-Pacific Electric Propulsion System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Electric Propulsion System Market Size by Region (2019-2024)
8.4 Asia-Pacific Electric Propulsion System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Electric Propulsion System Market Size (2019-2030)
9.2 Latin America Electric Propulsion System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Electric Propulsion System Market Size by Country (2019-2024)
9.4 Latin America Electric Propulsion System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electric Propulsion System Market Size (2019-2030)
10.2 Middle East & Africa Electric Propulsion System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Electric Propulsion System Market Size by Country (2019-2024)
10.4 Middle East & Africa Electric Propulsion System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Aerospace Corporation
11.1.1 Aerospace Corporation Company Detail
11.1.2 Aerospace Corporation Business Overview
11.1.3 Aerospace Corporation Electric Propulsion System Introduction
11.1.4 Aerospace Corporation Revenue in Electric Propulsion System Business (2019-2024)
11.1.5 Aerospace Corporation Recent Development
11.2 SITAEL
11.2.1 SITAEL Company Detail
11.2.2 SITAEL Business Overview
11.2.3 SITAEL Electric Propulsion System Introduction
11.2.4 SITAEL Revenue in Electric Propulsion System Business (2019-2024)
11.2.5 SITAEL Recent Development
11.3 Bellatrix Aerospace
11.3.1 Bellatrix Aerospace Company Detail
11.3.2 Bellatrix Aerospace Business Overview
11.3.3 Bellatrix Aerospace Electric Propulsion System Introduction
11.3.4 Bellatrix Aerospace Revenue in Electric Propulsion System Business (2019-2024)
11.3.5 Bellatrix Aerospace Recent Development
11.4 Busek Co. Inc.
11.4.1 Busek Co. Inc. Company Detail
11.4.2 Busek Co. Inc. Business Overview
11.4.3 Busek Co. Inc. Electric Propulsion System Introduction
11.4.4 Busek Co. Inc. Revenue in Electric Propulsion System Business (2019-2024)
11.4.5 Busek Co. Inc. Recent Development
11.5 Accion Systems Inc.
11.5.1 Accion Systems Inc. Company Detail
11.5.2 Accion Systems Inc. Business Overview
11.5.3 Accion Systems Inc. Electric Propulsion System Introduction
11.5.4 Accion Systems Inc. Revenue in Electric Propulsion System Business (2019-2024)
11.5.5 Accion Systems Inc. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
Why ‘The Market Reports’
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
