Global Electric Propulsion System Market Growth (Status and Outlook) 2022-2028
As the global economy mends, the 2021 growth of Electric Propulsion System will have significant change from previous year. According to our latest study, the global Electric Propulsion System market size is USD million in 2022 from USD 400.1 million in 2021, with a change of % between 2021 and 2022. The global Electric Propulsion System market size will reach USD 1707 million in 2028, growing at a CAGR of 23.0% over the analysis period.
The United States Electric Propulsion System market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Electric Propulsion System market, reaching US$ million by the year 2028. As for the Europe Electric Propulsion System landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Electric Propulsion System players cover Aerospace Corporation, SITAEL, Bellatrix Aerospace, and Busek Co. Inc., etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Propulsion System market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
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 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
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
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 players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Aerospace Corporation
SITAEL
Bellatrix Aerospace
Busek Co. Inc.
Accion Systems Inc.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electric Propulsion System Market Size 2017-2028
2.1.2 Electric Propulsion System Market Size CAGR by Region 2017 VS 2022 VS 2028
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 Market Size by Type
2.3.1 Electric Propulsion System Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Electric Propulsion System Market Size Market Share by Type (2017-2022)
2.4 Electric Propulsion System Segment by Application
2.4.1 Nano Satellite
2.4.2 Microsatellite
2.5 Electric Propulsion System Market Size by Application
2.5.1 Electric Propulsion System Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Electric Propulsion System Market Size Market Share by Application (2017-2022)
3 Electric Propulsion System Market Size by Player
3.1 Electric Propulsion System Market Size Market Share by Players
3.1.1 Global Electric Propulsion System Revenue by Players (2020-2022)
3.1.2 Global Electric Propulsion System Revenue Market Share by Players (2020-2022)
3.2 Global Electric Propulsion System Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Electric Propulsion System by Regions
4.1 Electric Propulsion System Market Size by Regions (2017-2022)
4.2 Americas Electric Propulsion System Market Size Growth (2017-2022)
4.3 APAC Electric Propulsion System Market Size Growth (2017-2022)
4.4 Europe Electric Propulsion System Market Size Growth (2017-2022)
4.5 Middle East & Africa Electric Propulsion System Market Size Growth (2017-2022)
5 Americas
5.1 Americas Electric Propulsion System Market Size by Country (2017-2022)
5.2 Americas Electric Propulsion System Market Size by Type (2017-2022)
5.3 Americas Electric Propulsion System Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Electric Propulsion System Market Size by Region (2017-2022)
6.2 APAC Electric Propulsion System Market Size by Type (2017-2022)
6.3 APAC Electric Propulsion System Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Electric Propulsion System by Country (2017-2022)
7.2 Europe Electric Propulsion System Market Size by Type (2017-2022)
7.3 Europe Electric Propulsion System Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Electric Propulsion System by Region (2017-2022)
8.2 Middle East & Africa Electric Propulsion System Market Size by Type (2017-2022)
8.3 Middle East & Africa Electric Propulsion System Market Size by Application (2017-2022)
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 & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Electric Propulsion System Market Forecast
10.1 Global Electric Propulsion System Forecast by Regions (2023-2028)
10.1.1 Global Electric Propulsion System Forecast by Regions (2023-2028)
10.1.2 Americas Electric Propulsion System Forecast
10.1.3 APAC Electric Propulsion System Forecast
10.1.4 Europe Electric Propulsion System Forecast
10.1.5 Middle East & Africa Electric Propulsion System Forecast
10.2 Americas Electric Propulsion System Forecast by Country (2023-2028)
10.2.1 United States Electric Propulsion System Market Forecast
10.2.2 Canada Electric Propulsion System Market Forecast
10.2.3 Mexico Electric Propulsion System Market Forecast
10.2.4 Brazil Electric Propulsion System Market Forecast
10.3 APAC Electric Propulsion System Forecast by Region (2023-2028)
10.3.1 China Electric Propulsion System Market Forecast
10.3.2 Japan Electric Propulsion System Market Forecast
10.3.3 Korea Electric Propulsion System Market Forecast
10.3.4 Southeast Asia Electric Propulsion System Market Forecast
10.3.5 India Electric Propulsion System Market Forecast
10.3.6 Australia Electric Propulsion System Market Forecast
10.4 Europe Electric Propulsion System Forecast by Country (2023-2028)
10.4.1 Germany Electric Propulsion System Market Forecast
10.4.2 France Electric Propulsion System Market Forecast
10.4.3 UK Electric Propulsion System Market Forecast
10.4.4 Italy Electric Propulsion System Market Forecast
10.4.5 Russia Electric Propulsion System Market Forecast
10.5 Middle East & Africa Electric Propulsion System Forecast by Region (2023-2028)
10.5.1 Egypt Electric Propulsion System Market Forecast
10.5.2 South Africa Electric Propulsion System Market Forecast
10.5.3 Israel Electric Propulsion System Market Forecast
10.5.4 Turkey Electric Propulsion System Market Forecast
10.5.5 GCC Countries Electric Propulsion System Market Forecast
10.6 Global Electric Propulsion System Forecast by Type (2023-2028)
10.7 Global Electric Propulsion System Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 Aerospace Corporation
11.1.1 Aerospace Corporation Company Information
11.1.2 Aerospace Corporation Electric Propulsion System Product Offered
11.1.3 Aerospace Corporation Electric Propulsion System Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 Aerospace Corporation Main Business Overview
11.1.5 Aerospace Corporation Latest Developments
11.2 SITAEL
11.2.1 SITAEL Company Information
11.2.2 SITAEL Electric Propulsion System Product Offered
11.2.3 SITAEL Electric Propulsion System Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 SITAEL Main Business Overview
11.2.5 SITAEL Latest Developments
11.3 Bellatrix Aerospace
11.3.1 Bellatrix Aerospace Company Information
11.3.2 Bellatrix Aerospace Electric Propulsion System Product Offered
11.3.3 Bellatrix Aerospace Electric Propulsion System Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 Bellatrix Aerospace Main Business Overview
11.3.5 Bellatrix Aerospace Latest Developments
11.4 Busek Co. Inc.
11.4.1 Busek Co. Inc. Company Information
11.4.2 Busek Co. Inc. Electric Propulsion System Product Offered
11.4.3 Busek Co. Inc. Electric Propulsion System Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Busek Co. Inc. Main Business Overview
11.4.5 Busek Co. Inc. Latest Developments
11.5 Accion Systems Inc.
11.5.1 Accion Systems Inc. Company Information
11.5.2 Accion Systems Inc. Electric Propulsion System Product Offered
11.5.3 Accion Systems Inc. Electric Propulsion System Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 Accion Systems Inc. Main Business Overview
11.5.5 Accion Systems Inc. Latest Developments
12 Research Findings and Conclusion
List of Tables
Table 1. Electric Propulsion System Market Size CAGR by Region (2017 VS 2022 VS 2028) & ($ Millions)
Table 2. Major Players of Gridded Ion Engine (GIE)
Table 3. Major Players of Hall Effect Thruster (HET)
Table 4. Major Players of High Efficiency Multistage Plasma Thruster (HEMPT)
Table 5. Major Players of Pulsed Plasma Thruster (PPT)
Table 6. Major Players of Other
Table 7. Electric Propulsion System Market Size CAGR by Type (2017 VS 2022 VS 2028) & ($ Millions)
Table 8. Global Electric Propulsion System Market Size by Type (2017-2022) & ($ Millions)
Table 9. Global Electric Propulsion System Market Size Market Share by Type (2017-2022)
Table 10. Electric Propulsion System Market Size CAGR by Application (2017 VS 2022 VS 2028) & ($ Millions)
Table 11. Global Electric Propulsion System Market Size by Application (2017-2022) & ($ Millions)
Table 12. Global Electric Propulsion System Market Size Market Share by Application (2017-2022)
Table 13. Global Electric Propulsion System Revenue by Players (2020-2022) & ($ Millions)
Table 14. Global Electric Propulsion System Revenue Market Share by Player (2020-2022)
Table 15. Electric Propulsion System Key Players Head office and Products Offered
Table 16. Electric Propulsion System Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
Table 17. New Products and Potential Entrants
Table 18. Mergers & Acquisitions, Expansion
Table 19. Global Electric Propulsion System Market Size by Regions 2017-2022 & ($ Millions)
Table 20. Global Electric Propulsion System Market Size Market Share by Regions (2017-2022)
Table 21. Americas Electric Propulsion System Market Size by Country (2017-2022) & ($ Millions)
Table 22. Americas Electric Propulsion System Market Size Market Share by Country (2017-2022)
Table 23. Americas Electric Propulsion System Market Size by Type (2017-2022) & ($ Millions)
Table 24. Americas Electric Propulsion System Market Size Market Share by Type (2017-2022)
Table 25. Americas Electric Propulsion System Market Size by Application (2017-2022) & ($ Millions)
Table 26. Americas Electric Propulsion System Market Size Market Share by Application (2017-2022)
Table 27. APAC Electric Propulsion System Market Size by Region (2017-2022) & ($ Millions)
Table 28. APAC Electric Propulsion System Market Size Market Share by Region (2017-2022)
Table 29. APAC Electric Propulsion System Market Size by Type (2017-2022) & ($ Millions)
Table 30. APAC Electric Propulsion System Market Size Market Share by Type (2017-2022)
Table 31. APAC Electric Propulsion System Market Size by Application (2017-2022) & ($ Millions)
Table 32. APAC Electric Propulsion System Market Size Market Share by Application (2017-2022)
Table 33. Europe Electric Propulsion System Market Size by Country (2017-2022) & ($ Millions)
Table 34. Europe Electric Propulsion System Market Size Market Share by Country (2017-2022)
Table 35. Europe Electric Propulsion System Market Size by Type (2017-2022) & ($ Millions)
Table 36. Europe Electric Propulsion System Market Size Market Share by Type (2017-2022)
Table 37. Europe Electric Propulsion System Market Size by Application (2017-2022) & ($ Millions)
Table 38. Europe Electric Propulsion System Market Size Market Share by Application (2017-2022)
Table 39. Middle East & Africa Electric Propulsion System Market Size by Region (2017-2022) & ($ Millions)
Table 40. Middle East & Africa Electric Propulsion System Market Size Market Share by Region (2017-2022)
Table 41. Middle East & Africa Electric Propulsion System Market Size by Type (2017-2022) & ($ Millions)
Table 42. Middle East & Africa Electric Propulsion System Market Size Market Share by Type (2017-2022)
Table 43. Middle East & Africa Electric Propulsion System Market Size by Application (2017-2022) & ($ Millions)
Table 44. Middle East & Africa Electric Propulsion System Market Size Market Share by Application (2017-2022)
Table 45. Key Market Drivers & Growth Opportunities of Electric Propulsion System
Table 46. Key Market Challenges & Risks of Electric Propulsion System
Table 47. Key Industry Trends of Electric Propulsion System
Table 48. Global Electric Propulsion System Market Size Forecast by Regions (2023-2028) & ($ Millions)
Table 49. Global Electric Propulsion System Market Size Market Share Forecast by Regions (2023-2028)
Table 50. Global Electric Propulsion System Market Size Forecast by Type (2023-2028) & ($ Millions)
Table 51. Global Electric Propulsion System Market Size Market Share Forecast by Type (2023-2028)
Table 52. Global Electric Propulsion System Market Size Forecast by Application (2023-2028) & ($ Millions)
Table 53. Global Electric Propulsion System Market Size Market Share Forecast by Application (2023-2028)
Table 54. Aerospace Corporation Details, Company Type, Electric Propulsion System Area Served and Its Competitors
Table 55. Aerospace Corporation Electric Propulsion System Product Offered
Table 56. Aerospace Corporation Electric Propulsion System Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 57. Aerospace Corporation Main Business
Table 58. Aerospace Corporation Latest Developments
Table 59. SITAEL Details, Company Type, Electric Propulsion System Area Served and Its Competitors
Table 60. SITAEL Electric Propulsion System Product Offered
Table 61. SITAEL Main Business
Table 62. SITAEL Electric Propulsion System Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 63. SITAEL Latest Developments
Table 64. Bellatrix Aerospace Details, Company Type, Electric Propulsion System Area Served and Its Competitors
Table 65. Bellatrix Aerospace Electric Propulsion System Product Offered
Table 66. Bellatrix Aerospace Main Business
Table 67. Bellatrix Aerospace Electric Propulsion System Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 68. Bellatrix Aerospace Latest Developments
Table 69. Busek Co. Inc. Details, Company Type, Electric Propulsion System Area Served and Its Competitors
Table 70. Busek Co. Inc. Electric Propulsion System Product Offered
Table 71. Busek Co. Inc. Main Business
Table 72. Busek Co. Inc. Electric Propulsion System Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 73. Busek Co. Inc. Latest Developments
Table 74. Accion Systems Inc. Details, Company Type, Electric Propulsion System Area Served and Its Competitors
Table 75. Accion Systems Inc. Electric Propulsion System Product Offered
Table 76. Accion Systems Inc. Main Business
Table 77. Accion Systems Inc. Electric Propulsion System Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 78. Accion Systems Inc. Latest Developments
List of Figures
Figure 1. Electric Propulsion System Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global Electric Propulsion System Market Size Growth Rate 2017-2028 ($ Millions)
Figure 6. Global Electric Propulsion System Market Size Market Share by Type in 2021
Figure 7. Electric Propulsion System in Nano Satellite
Figure 8. Global Electric Propulsion System Market: Nano Satellite (2017-2022) & ($ Millions)
Figure 9. Electric Propulsion System in Microsatellite
Figure 10. Global Electric Propulsion System Market: Microsatellite (2017-2022) & ($ Millions)
Figure 11. Global Electric Propulsion System Market Size Market Share by Application in 2021
Figure 12. Global Electric Propulsion System Revenue Market Share by Player in 2021
Figure 13. Global Electric Propulsion System Market Size Market Share by Regions (2017-2022)
Figure 14. Americas Electric Propulsion System Market Size 2017-2022 ($ Millions)
Figure 15. APAC Electric Propulsion System Market Size 2017-2022 ($ Millions)
Figure 16. Europe Electric Propulsion System Market Size 2017-2022 ($ Millions)
Figure 17. Middle East & Africa Electric Propulsion System Market Size 2017-2022 ($ Millions)
Figure 18. Americas Electric Propulsion System Value Market Share by Country in 2021
Figure 19. Americas Electric Propulsion System Consumption Market Share by Type in 2021
Figure 20. Americas Electric Propulsion System Market Size Market Share by Application in 2021
Figure 21. United States Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 22. Canada Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 23. Mexico Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 24. Brazil Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 25. APAC Electric Propulsion System Market Size Market Share by Region in 2021
Figure 26. APAC Electric Propulsion System Market Size Market Share by Application in 2021
Figure 27. China Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 28. Japan Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 29. Korea Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 30. Southeast Asia Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 31. India Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 32. Australia Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 33. Europe Electric Propulsion System Market Size Market Share by Country in 2021
Figure 34. Europe Electric Propulsion System Market Size Market Share by Type in 2021
Figure 35. Europe Electric Propulsion System Market Size Market Share by Application in 2021
Figure 36. Germany Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 37. France Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 38. UK Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 39. Italy Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 40. Russia Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 41. Middle East & Africa Electric Propulsion System Market Size Market Share by Region in 2021
Figure 42. Middle East & Africa Electric Propulsion System Market Size Market Share by Type in 2021
Figure 43. Middle East & Africa Electric Propulsion System Market Size Market Share by Application in 2021
Figure 44. Egypt Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 45. South Africa Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 46. Israel Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 47. Turkey Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 48. GCC Country Electric Propulsion System Market Size Growth 2017-2022 ($ Millions)
Figure 49. Americas Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 50. APAC Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 51. Europe Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 52. Middle East & Africa Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 53. United States Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 54. Canada Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 55. Mexico Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 56. Brazil Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 57. China Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 58. Japan Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 59. Korea Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 60. Southeast Asia Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 61. India Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 62. Australia Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 63. Germany Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 64. France Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 65. UK Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 66. Italy Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 67. Russia Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 68. Spain Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 69. Egypt Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 70. South Africa Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 71. Israel Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 72. Turkey Electric Propulsion System Market Size 2023-2028 ($ Millions)
Figure 73. GCC Countries Electric Propulsion System Market Size 2023-2028 ($ Millions)
