New Global Electric Propulsion System Market Report Covers market forecast and top Companies like Aerospace Corporation, SITAEL, Bellatrix Aerospace, Busek Co. Inc. and others.

Lewes, DE -- (SBWire) -- 07/31/2018 --Electric Propulsion System market will register a 24.3% CAGR in terms of revenue, reach US$ 630 million by 2023, from US$ 170 million in 2017.

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.

Over the next five years,study projects that Electric Propulsion System will register a 24.3% CAGR in terms of revenue, reach US$ 630 million by 2023, from US$ 170 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Aerospace Corporation
SITAEL
Bellatrix Aerospace
Busek Co. Inc.
Accion Systems Inc.

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Gridded Ion Engine (GIE)
Hall Effect Thruster (HET)
High Efficiency Multistage Plasma Thruster (HEMPT)
Pulsed Plasma Thruster (PPT)
Other

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Nano Satellite
Microsatellite

Spanning over 124 pages "Forecast of Global Electric Propulsion System Market 2023" report covers Electric Propulsion System Market Overview, Global Electric Propulsion System Sales, Revenue (Value) and Market Share by Players, Global Electric Propulsion System Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Electric Propulsion System Sales, Revenue and Price, Europe Top 5 Players Electric Propulsion System Sales, Revenue and Price, Asia-Pacific Top 5 Players Electric Propulsion System Sales, Revenue and Price, South America Top 5 Players Electric Propulsion System Sales, Revenue and Price, Middle East & Africa Top 5 Players Electric Propulsion System Sales, Revenue and Price, Global Electric Propulsion System Players Profiles/Analysis, Global Electric Propulsion System Market Forecast (2018-2023), Electric Propulsion System Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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