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.
Worldwide, there are a little electric propulsion system manufacturers; and there is growing number of enterprises are entering the market attracted by the market potential. Aerospace Corporation, SITAEL and Bellatrix Aerospace are the top there manufacturers of electric propulsion system in the market currently; they account more than half of the market total production volume of electric propulsion system.
North America and Europe are the largest markets of electric propulsion system currently; but the market of electric propulsion system in Asia-Pacific is forecasted to experience a higher growth speed in the following five years due to the growing downstream demand.
The Electric Propulsion System market was valued at 170 Million US$ in 2018 and is projected to reach 850 Million US$ by 2025, at a CAGR of 22.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Propulsion System.
This report presents the worldwide Electric Propulsion System market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Aerospace Corporation
SITAEL
Bellatrix Aerospace
Busek Co. Inc.
Accion Systems Inc.
Electric Propulsion System Breakdown Data by Type
Gridded Ion Engine (GIE)
Hall Effect Thruster (HET)
High Efficiency Multistage Plasma Thruster (HEMPT)
Pulsed Plasma Thruster (PPT)
Other
Electric Propulsion System Breakdown Data by Application
Nano Satellite
Microsatellite
Electric Propulsion System Production by Region
United States
Europe
China
Japan
Other Regions
Electric Propulsion System Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Electric Propulsion System status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Electric Propulsion System manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electric Propulsion System :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Propulsion System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Electric Propulsion System . Industry analysis & Market Report on Electric Propulsion System is a syndicated market report, published as Global Electric Propulsion System Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Electric Propulsion System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.