Service & Software
Global Electric Propulsion System Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
- Mar 27, 25
- ID: 159457
- Pages: 68
- Figures: 69
- Views: 7
The global Electric Propulsion System market size was US$ 609 million in 2024 and is forecast to a readjusted size of US$ 2433 million by 2031 with a CAGR of 22.2% during the forecast period 2025-2031.
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. 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.
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.
The global Electric Propulsion System market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Aerospace Corporation
SITAEL
Bellatrix Aerospace
Busek Co. Inc.
Accion Systems Inc.
By Type: (Dominant Segment vs High-Margin Innovation)
Gridded Ion Engine (GIE)
Hall Effect Thruster (HET)
High Efficiency Multistage Plasma Thruster (HEMPT)
Pulsed Plasma Thruster (PPT)
Other
By Application: (Core Demand Driver vs Emerging Opportunity)
Nano Satellite
Microsatellite
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Aerospace Corporation in Europe)
- Emerging Product Trends: Gridded Ion Engine (GIE) adoption vs. Hall Effect Thruster (HET) premiumization
- Demand-Side Dynamics: Nano Satellite growth in China vs. Microsatellite potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Electric Propulsion System market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Hall Effect Thruster (HET) in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Microsatellite in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Electric Propulsion System value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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.
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.
The global Electric Propulsion System market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Aerospace Corporation
SITAEL
Bellatrix Aerospace
Busek Co. Inc.
Accion Systems Inc.
By Type: (Dominant Segment vs High-Margin Innovation)
Gridded Ion Engine (GIE)
Hall Effect Thruster (HET)
High Efficiency Multistage Plasma Thruster (HEMPT)
Pulsed Plasma Thruster (PPT)
Other
By Application: (Core Demand Driver vs Emerging Opportunity)
Nano Satellite
Microsatellite
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Aerospace Corporation in Europe)
- Emerging Product Trends: Gridded Ion Engine (GIE) adoption vs. Hall Effect Thruster (HET) premiumization
- Demand-Side Dynamics: Nano Satellite growth in China vs. Microsatellite potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Electric Propulsion System market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Hall Effect Thruster (HET) in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Microsatellite in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Electric Propulsion System value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
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 Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Nano Satellite
1.3.3 Microsatellite
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electric Propulsion System Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Electric Propulsion System Revenue Market Share by Region (2020-2025)
2.4 Global Electric Propulsion System Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.2 Europe Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.3 China Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.4 Japan Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.5 Southeast Asia Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.6 India Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.7 Central & South America Electric Propulsion System Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Electric Propulsion System Historic Market Size by Type (2020-2025)
3.2 Global Electric Propulsion System Forecasted Market Size by Type (2026-2031)
3.3 Different Types Electric Propulsion System Representative Players
4 Breakdown Data by Application
4.1 Global Electric Propulsion System Historic Market Size by Application (2020-2025)
4.2 Global Electric Propulsion System Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Electric Propulsion System Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Electric Propulsion System Players by Revenue (2020-2025)
5.1.2 Global Electric Propulsion System Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Electric Propulsion System Revenue
5.4 Global Electric Propulsion System Market Concentration Analysis
5.4.1 Global Electric Propulsion System Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Electric Propulsion System Revenue in 2024
5.5 Global Key Players of Electric Propulsion System Head office and Area Served
5.6 Global Key Players of Electric Propulsion System, Product and Application
5.7 Global Key Players of Electric Propulsion System, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Electric Propulsion System Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Electric Propulsion System Market Size by Type (2020-2025)
6.1.2.2 North America Electric Propulsion System Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Electric Propulsion System Market Size by Application (2020-2025)
6.1.3.2 North America Electric Propulsion System Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Electric Propulsion System Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Electric Propulsion System Market Size by Type (2020-2025)
6.2.2.2 Europe Electric Propulsion System Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Electric Propulsion System Market Size by Application (2020-2025)
6.2.3.2 Europe Electric Propulsion System Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China Electric Propulsion System Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China Electric Propulsion System Market Size by Type (2020-2025)
6.3.2.2 China Electric Propulsion System Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China Electric Propulsion System Market Size by Application (2020-2025)
6.3.3.2 China Electric Propulsion System Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan Electric Propulsion System Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan Electric Propulsion System Market Size by Type (2020-2025)
6.4.2.2 Japan Electric Propulsion System Market Share by Type (2020-2025)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan Electric Propulsion System Market Size by Application (2020-2025)
6.4.3.2 Japan Electric Propulsion System Market Share by Application (2020-2025)
6.4.4 Japan Market Trend and Opportunities
6.5 Southeast Asia Market: Players, Segments and Downstream
6.5.1 Southeast Asia Electric Propulsion System Revenue by Company (2020-2025)
6.5.2 Southeast Asia Market Size by Type
6.5.2.1 Southeast Asia Electric Propulsion System Market Size by Type (2020-2025)
6.5.2.2 Southeast Asia Electric Propulsion System Market Share by Type (2020-2025)
6.5.3 Southeast Asia Market Size by Application
6.5.3.1 Southeast Asia Electric Propulsion System Market Size by Application (2020-2025)
6.5.3.2 Southeast Asia Electric Propulsion System Market Share by Application (2020-2025)
6.5.4 Southeast Asia Market Trend and Opportunities
6.6 India Market: Players, Segments and Downstream
6.6.1 India Electric Propulsion System Revenue by Company (2020-2025)
6.6.2 India Market Size by Type
6.6.2.1 India Electric Propulsion System Market Size by Type (2020-2025)
6.6.2.2 India Electric Propulsion System Market Share by Type (2020-2025)
6.6.3 India Market Size by Application
6.6.3.1 India Electric Propulsion System Market Size by Application (2020-2025)
6.6.3.2 India Electric Propulsion System Market Share by Application (2020-2025)
6.6.4 India Market Trend and Opportunities
7 Key Players Profiles
7.1 Aerospace Corporation
7.1.1 Aerospace Corporation Company Details
7.1.2 Aerospace Corporation Business Overview
7.1.3 Aerospace Corporation Electric Propulsion System Introduction
7.1.4 Aerospace Corporation Revenue in Electric Propulsion System Business (2020-2025)
7.1.5 Aerospace Corporation Recent Development
7.2 SITAEL
7.2.1 SITAEL Company Details
7.2.2 SITAEL Business Overview
7.2.3 SITAEL Electric Propulsion System Introduction
7.2.4 SITAEL Revenue in Electric Propulsion System Business (2020-2025)
7.2.5 SITAEL Recent Development
7.3 Bellatrix Aerospace
7.3.1 Bellatrix Aerospace Company Details
7.3.2 Bellatrix Aerospace Business Overview
7.3.3 Bellatrix Aerospace Electric Propulsion System Introduction
7.3.4 Bellatrix Aerospace Revenue in Electric Propulsion System Business (2020-2025)
7.3.5 Bellatrix Aerospace Recent Development
7.4 Busek Co. Inc.
7.4.1 Busek Co. Inc. Company Details
7.4.2 Busek Co. Inc. Business Overview
7.4.3 Busek Co. Inc. Electric Propulsion System Introduction
7.4.4 Busek Co. Inc. Revenue in Electric Propulsion System Business (2020-2025)
7.4.5 Busek Co. Inc. Recent Development
7.5 Accion Systems Inc.
7.5.1 Accion Systems Inc. Company Details
7.5.2 Accion Systems Inc. Business Overview
7.5.3 Accion Systems Inc. Electric Propulsion System Introduction
7.5.4 Accion Systems Inc. Revenue in Electric Propulsion System Business (2020-2025)
7.5.5 Accion Systems Inc. Recent Development
8 Electric Propulsion System Market Dynamics
8.1 Electric Propulsion System Industry Trends
8.2 Electric Propulsion System Market Drivers
8.3 Electric Propulsion System Market Challenges
8.4 Electric Propulsion System Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
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 Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Nano Satellite
1.3.3 Microsatellite
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electric Propulsion System Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Electric Propulsion System Revenue Market Share by Region (2020-2025)
2.4 Global Electric Propulsion System Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.2 Europe Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.3 China Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.4 Japan Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.5 Southeast Asia Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.6 India Electric Propulsion System Market Size and Prospective (2020-2031)
2.5.7 Central & South America Electric Propulsion System Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Electric Propulsion System Historic Market Size by Type (2020-2025)
3.2 Global Electric Propulsion System Forecasted Market Size by Type (2026-2031)
3.3 Different Types Electric Propulsion System Representative Players
4 Breakdown Data by Application
4.1 Global Electric Propulsion System Historic Market Size by Application (2020-2025)
4.2 Global Electric Propulsion System Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Electric Propulsion System Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Electric Propulsion System Players by Revenue (2020-2025)
5.1.2 Global Electric Propulsion System Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Electric Propulsion System Revenue
5.4 Global Electric Propulsion System Market Concentration Analysis
5.4.1 Global Electric Propulsion System Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Electric Propulsion System Revenue in 2024
5.5 Global Key Players of Electric Propulsion System Head office and Area Served
5.6 Global Key Players of Electric Propulsion System, Product and Application
5.7 Global Key Players of Electric Propulsion System, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Electric Propulsion System Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Electric Propulsion System Market Size by Type (2020-2025)
6.1.2.2 North America Electric Propulsion System Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Electric Propulsion System Market Size by Application (2020-2025)
6.1.3.2 North America Electric Propulsion System Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Electric Propulsion System Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Electric Propulsion System Market Size by Type (2020-2025)
6.2.2.2 Europe Electric Propulsion System Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Electric Propulsion System Market Size by Application (2020-2025)
6.2.3.2 Europe Electric Propulsion System Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China Electric Propulsion System Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China Electric Propulsion System Market Size by Type (2020-2025)
6.3.2.2 China Electric Propulsion System Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China Electric Propulsion System Market Size by Application (2020-2025)
6.3.3.2 China Electric Propulsion System Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan Electric Propulsion System Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan Electric Propulsion System Market Size by Type (2020-2025)
6.4.2.2 Japan Electric Propulsion System Market Share by Type (2020-2025)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan Electric Propulsion System Market Size by Application (2020-2025)
6.4.3.2 Japan Electric Propulsion System Market Share by Application (2020-2025)
6.4.4 Japan Market Trend and Opportunities
6.5 Southeast Asia Market: Players, Segments and Downstream
6.5.1 Southeast Asia Electric Propulsion System Revenue by Company (2020-2025)
6.5.2 Southeast Asia Market Size by Type
6.5.2.1 Southeast Asia Electric Propulsion System Market Size by Type (2020-2025)
6.5.2.2 Southeast Asia Electric Propulsion System Market Share by Type (2020-2025)
6.5.3 Southeast Asia Market Size by Application
6.5.3.1 Southeast Asia Electric Propulsion System Market Size by Application (2020-2025)
6.5.3.2 Southeast Asia Electric Propulsion System Market Share by Application (2020-2025)
6.5.4 Southeast Asia Market Trend and Opportunities
6.6 India Market: Players, Segments and Downstream
6.6.1 India Electric Propulsion System Revenue by Company (2020-2025)
6.6.2 India Market Size by Type
6.6.2.1 India Electric Propulsion System Market Size by Type (2020-2025)
6.6.2.2 India Electric Propulsion System Market Share by Type (2020-2025)
6.6.3 India Market Size by Application
6.6.3.1 India Electric Propulsion System Market Size by Application (2020-2025)
6.6.3.2 India Electric Propulsion System Market Share by Application (2020-2025)
6.6.4 India Market Trend and Opportunities
7 Key Players Profiles
7.1 Aerospace Corporation
7.1.1 Aerospace Corporation Company Details
7.1.2 Aerospace Corporation Business Overview
7.1.3 Aerospace Corporation Electric Propulsion System Introduction
7.1.4 Aerospace Corporation Revenue in Electric Propulsion System Business (2020-2025)
7.1.5 Aerospace Corporation Recent Development
7.2 SITAEL
7.2.1 SITAEL Company Details
7.2.2 SITAEL Business Overview
7.2.3 SITAEL Electric Propulsion System Introduction
7.2.4 SITAEL Revenue in Electric Propulsion System Business (2020-2025)
7.2.5 SITAEL Recent Development
7.3 Bellatrix Aerospace
7.3.1 Bellatrix Aerospace Company Details
7.3.2 Bellatrix Aerospace Business Overview
7.3.3 Bellatrix Aerospace Electric Propulsion System Introduction
7.3.4 Bellatrix Aerospace Revenue in Electric Propulsion System Business (2020-2025)
7.3.5 Bellatrix Aerospace Recent Development
7.4 Busek Co. Inc.
7.4.1 Busek Co. Inc. Company Details
7.4.2 Busek Co. Inc. Business Overview
7.4.3 Busek Co. Inc. Electric Propulsion System Introduction
7.4.4 Busek Co. Inc. Revenue in Electric Propulsion System Business (2020-2025)
7.4.5 Busek Co. Inc. Recent Development
7.5 Accion Systems Inc.
7.5.1 Accion Systems Inc. Company Details
7.5.2 Accion Systems Inc. Business Overview
7.5.3 Accion Systems Inc. Electric Propulsion System Introduction
7.5.4 Accion Systems Inc. Revenue in Electric Propulsion System Business (2020-2025)
7.5.5 Accion Systems Inc. Recent Development
8 Electric Propulsion System Market Dynamics
8.1 Electric Propulsion System Industry Trends
8.2 Electric Propulsion System Market Drivers
8.3 Electric Propulsion System Market Challenges
8.4 Electric Propulsion System Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Tables
Table 1. Global Electric Propulsion System Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Electric Propulsion System Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market Electric Propulsion System Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Electric Propulsion System Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global Electric Propulsion System Revenue Share by Region (2020-2025)
Table 6. Global Electric Propulsion System Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global Electric Propulsion System Revenue Share Forecast by Region (2026-2031)
Table 8. Global Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global Electric Propulsion System Revenue Market Share by Type (2020-2025)
Table 10. Global Electric Propulsion System Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global Electric Propulsion System Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global Electric Propulsion System Revenue Market Share by Application (2020-2025)
Table 15. Global Electric Propulsion System Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global Electric Propulsion System Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in Electric Propulsion System Application
Table 18. Global Electric Propulsion System Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global Electric Propulsion System Market Share by Players (2020-2025)
Table 20. Global Top Electric Propulsion System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Propulsion System as of 2024)
Table 21. Ranking of Global Top Electric Propulsion System Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by Electric Propulsion System Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of Electric Propulsion System, Headquarters and Area Served
Table 24. Global Key Players of Electric Propulsion System, Product and Application
Table 25. Global Key Players of Electric Propulsion System, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 29. North America Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 33. Europe Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 35. China Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 36. China Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 37. China Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 38. China Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 39. Japan Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 40. Japan Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 41. Japan Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 42. Japan Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 43. Southeast Asia Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 44. Southeast Asia Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 45. Southeast Asia Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 46. Southeast Asia Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 47. India Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 48. India Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 49. India Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 50. India Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 51. Aerospace Corporation Company Details
Table 52. Aerospace Corporation Business Overview
Table 53. Aerospace Corporation Electric Propulsion System Product
Table 54. Aerospace Corporation Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 55. Aerospace Corporation Recent Development
Table 56. SITAEL Company Details
Table 57. SITAEL Business Overview
Table 58. SITAEL Electric Propulsion System Product
Table 59. SITAEL Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 60. SITAEL Recent Development
Table 61. Bellatrix Aerospace Company Details
Table 62. Bellatrix Aerospace Business Overview
Table 63. Bellatrix Aerospace Electric Propulsion System Product
Table 64. Bellatrix Aerospace Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 65. Bellatrix Aerospace Recent Development
Table 66. Busek Co. Inc. Company Details
Table 67. Busek Co. Inc. Business Overview
Table 68. Busek Co. Inc. Electric Propulsion System Product
Table 69. Busek Co. Inc. Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 70. Busek Co. Inc. Recent Development
Table 71. Accion Systems Inc. Company Details
Table 72. Accion Systems Inc. Business Overview
Table 73. Accion Systems Inc. Electric Propulsion System Product
Table 74. Accion Systems Inc. Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 75. Accion Systems Inc. Recent Development
Table 76. Electric Propulsion System Market Trends
Table 77. Electric Propulsion System Market Drivers
Table 78. Electric Propulsion System Market Challenges
Table 79. Electric Propulsion System Market Restraints
Table 80. Research Programs/Design for This Report
Table 81. Key Data Information from Secondary Sources
Table 82. Key Data Information from Primary Sources
List of Figures
Figure 1. Electric Propulsion System Product Picture
Figure 2. Global Electric Propulsion System Market Share by Type: 2024 VS 2031
Figure 3. Gridded Ion Engine (GIE) Features
Figure 4. Hall Effect Thruster (HET) Features
Figure 5. High Efficiency Multistage Plasma Thruster (HEMPT) Features
Figure 6. Pulsed Plasma Thruster (PPT) Features
Figure 7. Other Features
Figure 8. Global Electric Propulsion System Market Share by Application: 2024 VS 2031
Figure 9. Nano Satellite
Figure 10. Microsatellite
Figure 11. Electric Propulsion System Report Years Considered
Figure 12. Global Electric Propulsion System Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 13. Global Electric Propulsion System Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 14. Global Electric Propulsion System Revenue Market Share by Region: 2020 VS 2024
Figure 15. North America Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 16. Europe Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 17. China Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. Japan Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 19. Southeast Asia Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 20. India Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 21. Central & South America Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 22. Global Electric Propulsion System Market Share by Players in 2024
Figure 23. Global Top Electric Propulsion System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Propulsion System as of 2024)
Figure 24. The Top 10 and 5 Players Market Share by Electric Propulsion System Revenue in 2024
Figure 25. North America Electric Propulsion System Market Share by Type (2020-2025)
Figure 26. North America Electric Propulsion System Market Share by Application (2020-2025)
Figure 27. Europe Electric Propulsion System Market Share by Type (2020-2025)
Figure 28. Europe Electric Propulsion System Market Share by Application (2020-2025)
Figure 29. China Electric Propulsion System Market Share by Type (2020-2025)
Figure 30. China Electric Propulsion System Market Share by Application (2020-2025)
Figure 31. Japan Electric Propulsion System Market Share by Type (2020-2025)
Figure 32. Japan Electric Propulsion System Market Share by Application (2020-2025)
Figure 33. Southeast Asia Electric Propulsion System Market Share by Type (2020-2025)
Figure 34. Southeast Asia Electric Propulsion System Market Share by Application (2020-2025)
Figure 35. India Electric Propulsion System Market Share by Type (2020-2025)
Figure 36. India Electric Propulsion System Market Share by Application (2020-2025)
Figure 37. Aerospace Corporation Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 38. SITAEL Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 39. Bellatrix Aerospace Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 40. Busek Co. Inc. Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 41. Accion Systems Inc. Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 42. Bottom-up and Top-down Approaches for This Report
Figure 43. Data Triangulation
Figure 44. Key Executives Interviewed
Table 1. Global Electric Propulsion System Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Electric Propulsion System Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market Electric Propulsion System Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Electric Propulsion System Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global Electric Propulsion System Revenue Share by Region (2020-2025)
Table 6. Global Electric Propulsion System Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global Electric Propulsion System Revenue Share Forecast by Region (2026-2031)
Table 8. Global Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global Electric Propulsion System Revenue Market Share by Type (2020-2025)
Table 10. Global Electric Propulsion System Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global Electric Propulsion System Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global Electric Propulsion System Revenue Market Share by Application (2020-2025)
Table 15. Global Electric Propulsion System Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global Electric Propulsion System Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in Electric Propulsion System Application
Table 18. Global Electric Propulsion System Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global Electric Propulsion System Market Share by Players (2020-2025)
Table 20. Global Top Electric Propulsion System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Propulsion System as of 2024)
Table 21. Ranking of Global Top Electric Propulsion System Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by Electric Propulsion System Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of Electric Propulsion System, Headquarters and Area Served
Table 24. Global Key Players of Electric Propulsion System, Product and Application
Table 25. Global Key Players of Electric Propulsion System, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 29. North America Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 33. Europe Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 35. China Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 36. China Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 37. China Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 38. China Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 39. Japan Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 40. Japan Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 41. Japan Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 42. Japan Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 43. Southeast Asia Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 44. Southeast Asia Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 45. Southeast Asia Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 46. Southeast Asia Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 47. India Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)
Table 48. India Electric Propulsion System Revenue Market Share by Company (2020-2025)
Table 49. India Electric Propulsion System Market Size by Type (2020-2025) & (US$ Million)
Table 50. India Electric Propulsion System Market Size by Application (2020-2025) & (US$ Million)
Table 51. Aerospace Corporation Company Details
Table 52. Aerospace Corporation Business Overview
Table 53. Aerospace Corporation Electric Propulsion System Product
Table 54. Aerospace Corporation Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 55. Aerospace Corporation Recent Development
Table 56. SITAEL Company Details
Table 57. SITAEL Business Overview
Table 58. SITAEL Electric Propulsion System Product
Table 59. SITAEL Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 60. SITAEL Recent Development
Table 61. Bellatrix Aerospace Company Details
Table 62. Bellatrix Aerospace Business Overview
Table 63. Bellatrix Aerospace Electric Propulsion System Product
Table 64. Bellatrix Aerospace Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 65. Bellatrix Aerospace Recent Development
Table 66. Busek Co. Inc. Company Details
Table 67. Busek Co. Inc. Business Overview
Table 68. Busek Co. Inc. Electric Propulsion System Product
Table 69. Busek Co. Inc. Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 70. Busek Co. Inc. Recent Development
Table 71. Accion Systems Inc. Company Details
Table 72. Accion Systems Inc. Business Overview
Table 73. Accion Systems Inc. Electric Propulsion System Product
Table 74. Accion Systems Inc. Revenue in Electric Propulsion System Business (2020-2025) & (US$ Million)
Table 75. Accion Systems Inc. Recent Development
Table 76. Electric Propulsion System Market Trends
Table 77. Electric Propulsion System Market Drivers
Table 78. Electric Propulsion System Market Challenges
Table 79. Electric Propulsion System Market Restraints
Table 80. Research Programs/Design for This Report
Table 81. Key Data Information from Secondary Sources
Table 82. Key Data Information from Primary Sources
List of Figures
Figure 1. Electric Propulsion System Product Picture
Figure 2. Global Electric Propulsion System Market Share by Type: 2024 VS 2031
Figure 3. Gridded Ion Engine (GIE) Features
Figure 4. Hall Effect Thruster (HET) Features
Figure 5. High Efficiency Multistage Plasma Thruster (HEMPT) Features
Figure 6. Pulsed Plasma Thruster (PPT) Features
Figure 7. Other Features
Figure 8. Global Electric Propulsion System Market Share by Application: 2024 VS 2031
Figure 9. Nano Satellite
Figure 10. Microsatellite
Figure 11. Electric Propulsion System Report Years Considered
Figure 12. Global Electric Propulsion System Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 13. Global Electric Propulsion System Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 14. Global Electric Propulsion System Revenue Market Share by Region: 2020 VS 2024
Figure 15. North America Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 16. Europe Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 17. China Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. Japan Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 19. Southeast Asia Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 20. India Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 21. Central & South America Electric Propulsion System Revenue (US$ Million) Growth Rate (2020-2031)
Figure 22. Global Electric Propulsion System Market Share by Players in 2024
Figure 23. Global Top Electric Propulsion System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Propulsion System as of 2024)
Figure 24. The Top 10 and 5 Players Market Share by Electric Propulsion System Revenue in 2024
Figure 25. North America Electric Propulsion System Market Share by Type (2020-2025)
Figure 26. North America Electric Propulsion System Market Share by Application (2020-2025)
Figure 27. Europe Electric Propulsion System Market Share by Type (2020-2025)
Figure 28. Europe Electric Propulsion System Market Share by Application (2020-2025)
Figure 29. China Electric Propulsion System Market Share by Type (2020-2025)
Figure 30. China Electric Propulsion System Market Share by Application (2020-2025)
Figure 31. Japan Electric Propulsion System Market Share by Type (2020-2025)
Figure 32. Japan Electric Propulsion System Market Share by Application (2020-2025)
Figure 33. Southeast Asia Electric Propulsion System Market Share by Type (2020-2025)
Figure 34. Southeast Asia Electric Propulsion System Market Share by Application (2020-2025)
Figure 35. India Electric Propulsion System Market Share by Type (2020-2025)
Figure 36. India Electric Propulsion System Market Share by Application (2020-2025)
Figure 37. Aerospace Corporation Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 38. SITAEL Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 39. Bellatrix Aerospace Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 40. Busek Co. Inc. Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 41. Accion Systems Inc. Revenue Growth Rate in Electric Propulsion System Business (2020-2025)
Figure 42. Bottom-up and Top-down Approaches for This Report
Figure 43. Data Triangulation
Figure 44. Key Executives Interviewed
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