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.

According to this study, over the next five years the Electric Propulsion System market will register a 24.3% CAGR in terms of revenue, the global market size will reach US$ 630 million by 2024, from US$ 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Propulsion System business, shared in Chapter 3.

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

This study considers the Electric Propulsion System value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Gridded Ion Engine (GIE)

Hall Effect Thruster (HET)

High Efficiency Multistage Plasma Thruster (HEMPT)

Pulsed Plasma Thruster (PPT)

Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Nano Satellite

Microsatellite

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Aerospace Corporation

SITAEL

Bellatrix Aerospace

Busek Co. Inc.

Accion Systems Inc.

...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Electric Propulsion System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Electric Propulsion System market by identifying its various subsegments.

Focuses on the key global Electric Propulsion System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Electric Propulsion System with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Electric Propulsion System submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Electric Propulsion System Consumption Market Report

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Electric Propulsion System Consumption 2014-2024

2.1.2 Electric Propulsion System Consumption CAGR by Region

2.2 Electric Propulsion System Segment by Type

2.2.1 Gridded Ion Engine (GIE)

2.2.2 Hall Effect Thruster (HET)

2.2.3 High Efficiency Multistage Plasma Thruster (HEMPT)

2.2.4 Pulsed Plasma Thruster (PPT)

2.2.5 Other

2.3 Electric Propulsion System Consumption by Type

2.3.1 Global Electric Propulsion System Consumption Market Share by Type (2014-2019)

2.3.2 Global Electric Propulsion System Revenue and Market Share by Type (2014-2019)

2.3.3 Global Electric Propulsion System Sale Price by Type (2014-2019)

2.4 Electric Propulsion System Segment by Application

2.4.1 Nano Satellite

2.4.2 Microsatellite

2.5 Electric Propulsion System Consumption by Application

2.5.1 Global Electric Propulsion System Consumption Market Share by Application (2014-2019)

2.5.2 Global Electric Propulsion System Value and Market Share by Application (2014-2019)

2.5.3 Global Electric Propulsion System Sale Price by Application (2014-2019)

3 Global Electric Propulsion System by Players

3.1 Global Electric Propulsion System Sales Market Share by Players

3.1.1 Global Electric Propulsion System Sales by Players (2017-2019)

3.1.2 Global Electric Propulsion System Sales Market Share by Players (2017-2019)

3.2 Global Electric Propulsion System Revenue Market Share by Players

3.2.1 Global Electric Propulsion System Revenue by Players (2017-2019)

3.2.2 Global Electric Propulsion System Revenue Market Share by Players (2017-2019)

3.3 Global Electric Propulsion System Sale Price by Players

3.4 Global Electric Propulsion System Manufacturing Base Distribution, Sales Area, Product Types by Players

3.4.1 Global Electric Propulsion System Manufacturing Base Distribution and Sales Area by Players

3.4.2 Players Electric Propulsion System Products Offered

3.5 Market Concentration Rate Analysis

3.5.1 Competition Landscape Analysis

3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)

3.6 New Products and Potential Entrants

3.7 Mergers & Acquisitions, Expansion

4 Electric Propulsion System by Regions

4.1 Electric Propulsion System by Regions

4.1.1 Global Electric Propulsion System Consumption by Regions

4.1.2 Global Electric Propulsion System Value by Regions

4.2 Americas Electric Propulsion System Consumption Growth

4.3 APAC Electric Propulsion System Consumption Growth

4.4 Europe Electric Propulsion System Consumption Growth

4.5 Middle East & Africa Electric Propulsion System Consumption Growth

5 Americas

5.1 Americas Electric Propulsion System Consumption by Countries

5.1.1 Americas Electric Propulsion System Consumption by Countries (2014-2019)

5.1.2 Americas Electric Propulsion System Value by Countries (2014-2019)

5.2 Americas Electric Propulsion System Consumption by Type

5.3 Americas Electric Propulsion System Consumption by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Electric Propulsion System Consumption by Countries

6.1.1 APAC Electric Propulsion System Consumption by Countries (2014-2019)

6.1.2 APAC Electric Propulsion System Value by Countries (2014-2019)

6.2 APAC Electric Propulsion System Consumption by Type

6.3 APAC Electric Propulsion System Consumption by Application

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Electric Propulsion System by Countries

7.1.1 Europe Electric Propulsion System Consumption by Countries (2014-2019)

7.1.2 Europe Electric Propulsion System Value by Countries (2014-2019)

7.2 Europe Electric Propulsion System Consumption by Type

7.3 Europe Electric Propulsion System Consumption by Application

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Electric Propulsion System by Countries

8.1.1 Middle East & Africa Electric Propulsion System Consumption by Countries (2014-2019)

8.1.2 Middle East & Africa Electric Propulsion System Value by Countries (2014-2019)

8.2 Middle East & Africa Electric Propulsion System Consumption by Type

8.3 Middle East & Africa Electric Propulsion System Consumption by Application

8.4 Egypt

8.5 South Africa

8.6 Israel

8.7 Turkey

8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

9.2 Market Challenges and Impact

9.3 Market Trends

10 Marketing, Distributors and Customer

10.1 Sales Channel

10.1.1 Direct Channels

10.1.2 Indirect Channels

10.2 Electric Propulsion System Distributors

10.3 Electric Propulsion System Customer

11 Global Electric Propulsion System Market Forecast

11.1 Global Electric Propulsion System Consumption Forecast (2019-2024)

11.2 Global Electric Propulsion System Forecast by Regions

11.2.1 Global Electric Propulsion System Forecast by Regions (2019-2024)

11.2.2 Global Electric Propulsion System Value Forecast by Regions (2019-2024)

11.2.3 Americas Consumption Forecast

11.2.4 APAC Consumption Forecast

11.2.5 Europe Consumption Forecast

11.2.6 Middle East & Africa Consumption Forecast

11.3 Americas Forecast by Countries

11.3.1 United States Market Forecast

11.3.2 Canada Market Forecast

11.3.3 Mexico Market Forecast

11.3.4 Brazil Market Forecast

11.4 APAC Forecast by Countries

11.4.1 China Market Forecast

11.4.2 Japan Market Forecast

11.4.3 Korea Market Forecast

11.4.4 Southeast Asia Market Forecast

11.4.5 India Market Forecast

11.4.6 Australia Market Forecast

11.5 Europe Forecast by Countries

11.5.1 Germany Market Forecast

11.5.2 France Market Forecast

11.5.3 UK Market Forecast

11.5.4 Italy Market Forecast

11.5.5 Russia Market Forecast

11.5.6 Spain Market Forecast

11.6 Middle East & Africa Forecast by Countries

11.6.1 Egypt Market Forecast

11.6.2 South Africa Market Forecast

11.6.3 Israel Market Forecast

11.6.4 Turkey Market Forecast

11.6.5 GCC Countries Market Forecast

11.7 Global Electric Propulsion System Forecast by Type

11.8 Global Electric Propulsion System Forecast by Application

12 Key Players Analysis

12.1 Aerospace Corporation

12.1.1 Company Details

12.1.2 Electric Propulsion System Product Offered

12.1.3 Aerospace Corporation Electric Propulsion System Sales, Revenue, Price and Gross Margin (2017-2019)

12.1.4 Main Business Overview

12.1.5 Aerospace Corporation News

12.2 SITAEL

12.2.1 Company Details

12.2.2 Electric Propulsion System Product Offered

12.2.3 SITAEL Electric Propulsion System Sales, Revenue, Price and Gross Margin (2017-2019)

12.2.4 Main Business Overview

12.2.5 SITAEL News

12.3 Bellatrix Aerospace

12.3.1 Company Details

12.3.2 Electric Propulsion System Product Offered

12.3.3 Bellatrix Aerospace Electric Propulsion System Sales, Revenue, Price and Gross Margin (2017-2019)

12.3.4 Main Business Overview

12.3.5 Bellatrix Aerospace News

12.4 Busek Co. Inc.

12.4.1 Company Details

12.4.2 Electric Propulsion System Product Offered

12.4.3 Busek Co. Inc. Electric Propulsion System Sales, Revenue, Price and Gross Margin (2017-2019)

12.4.4 Main Business Overview

12.4.5 Busek Co. Inc. News

12.5 Accion Systems Inc.

12.5.1 Company Details

12.5.2 Electric Propulsion System Product Offered

12.5.3 Accion Systems Inc. Electric Propulsion System Sales, Revenue, Price and Gross Margin (2017-2019)

12.5.4 Main Business Overview

12.5.5 Accion Systems Inc. News

...

13 Research Findings and Conclusion

List of Tables and Figures

Figure Picture of Electric Propulsion System

Table Product Specifications of Electric Propulsion System

Figure Electric Propulsion System Report Years Considere