Global Electric Propulsion System Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

TABLE OF CONTENTS

1 Study Coverage

• 1.1 Electric Propulsion System Product Introduction
• 1.2 Market by Type
  • 1.2.1 Global Electric Propulsion System Market Size Growth Rate 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 Electric Propulsion System Market Size Growth Rate 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 Executive Summary

• 2.1 Global Electric Propulsion System Market Size Estimates and Forecasts
• 2.2 Electric Propulsion System Market Size by Region: 2024 Versus 2031
  • 2.2.1 Global Electric Propulsion System Revenue by Region: 2020-2025
  • 2.2.2 Global Electric Propulsion System Revenue Forecast by Region (2026-2031)
  • 2.2.3 Global Electric Propulsion System Revenue Market Share by Region (2020-2031)

3 Market Segments

• 3.1 Breakdown Data by Type
  • 3.1.1 Global Electric Propulsion System Revenue by Type (2020-2031)
  • 3.1.2 Global Electric Propulsion System Revenue Market Share by Type (2020-2031)
• 3.2 Breakdown Data by Application
  • 3.2.1 Global Electric Propulsion System Revenue by Application (2020-2031)
  • 3.2.2 Global Electric Propulsion System Revenue Market Share by Application (2020-2031)
• 3.3 by Type and by Application Crossing Analysis
  • 3.3.1 Gridded Ion Engine (GIE) of Electric Propulsion System Revenue Market Share by Application
  • 3.3.2 Hall Effect Thruster (HET) of Electric Propulsion System Revenue Market Share by Application
  • 3.3.3 High Efficiency Multistage Plasma Thruster (HEMPT) of Electric Propulsion System Revenue Market Share by Application
  • 3.3.4 Pulsed Plasma Thruster (PPT) of Electric Propulsion System Revenue Market Share by Application
  • 3.3.5 Other of Electric Propulsion System Revenue Market Share by Application

4 Global Electric Propulsion System by Company

• 4.1 Global Electric Propulsion System Revenue by Company (2020-2025)
• 4.2 Global Electric Propulsion System Revenue Share by Company (2020-2025)
• 4.3 Competitive Landscape
  • 4.3.1 Key Electric Propulsion System Companies around the World: Ranking by Revenue
  • 4.3.2 Global Electric Propulsion System Market Concentration Ratio (CR5 and HHI) & (2020-2025)
  • 4.3.3 Global Electric Propulsion System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
• 4.4 Global Electric Propulsion System Companies Headquarters & Product Type
  • 4.4.1 Global Electric Propulsion System Companies Headquarters
  • 4.4.2 Date of International Companies Enter into Electric Propulsion System Market
  • 4.4.3 Global Electric Propulsion System Companies Product & Service
  • 4.4.4 Gridded Ion Engine (GIE) Revenue Market Share of Electric Propulsion System by Company
  • 4.4.5 Hall Effect Thruster (HET) Revenue Market Share of Electric Propulsion System by Company
  • 4.4.6 High Efficiency Multistage Plasma Thruster (HEMPT) Revenue Market Share of Electric Propulsion System by Company
  • 4.4.7 Pulsed Plasma Thruster (PPT) Revenue Market Share of Electric Propulsion System by Company
  • 4.4.8 Other Revenue Market Share of Electric Propulsion System by Company
• 4.5 Global Electric Propulsion System Mergers & Acquisitions, Expansion Plans

5 Company Profiles

• 5.1 Aerospace Corporation
  • 5.1.1 Aerospace Corporation Corporation Information
  • 5.1.2 Aerospace Corporation Description, Business Overview
  • 5.1.3 Aerospace Corporation Electric Propulsion System Products Offered
  • 5.1.4 Aerospace Corporation Electric Propulsion System Revenue and Gross Margin (2020-2025)
  • 5.1.5 Aerospace Corporation Electric Propulsion System Revenue by Product in 2024
  • 5.1.6 Aerospace Corporation Electric Propulsion System Revenue by Application in 2024
  • 5.1.7 Aerospace Corporation Electric Propulsion System Revenue by Geographic Area in 2024
  • 5.1.8 Aerospace Corporation Recent Developments
• 5.2 SITAEL
  • 5.2.1 SITAEL Corporation Information
  • 5.2.2 SITAEL Description, Business Overview
  • 5.2.3 SITAEL Electric Propulsion System Products Offered
  • 5.2.4 SITAEL Electric Propulsion System Revenue and Gross Margin (2020-2025)
  • 5.2.5 SITAEL Electric Propulsion System Revenue by Product in 2024
  • 5.2.6 SITAEL Electric Propulsion System Revenue by Application in 2024
  • 5.2.7 SITAEL Electric Propulsion System Revenue by Geographic Area in 2024
  • 5.2.8 SITAEL Recent Developments
• 5.3 Bellatrix Aerospace
  • 5.3.1 Bellatrix Aerospace Corporation Information
  • 5.3.2 Bellatrix Aerospace Description, Business Overview
  • 5.3.3 Bellatrix Aerospace Electric Propulsion System Products Offered
  • 5.3.4 Bellatrix Aerospace Electric Propulsion System Revenue and Gross Margin (2020-2025)
  • 5.3.5 Bellatrix Aerospace Electric Propulsion System Revenue by Product in 2024
  • 5.3.6 Bellatrix Aerospace Electric Propulsion System Revenue by Application in 2024
  • 5.3.7 Bellatrix Aerospace Electric Propulsion System Revenue by Geographic Area in 2024
  • 5.3.8 Bellatrix Aerospace Recent Developments
• 5.4 Busek Co. Inc.
  • 5.4.1 Busek Co. Inc. Corporation Information
  • 5.4.2 Busek Co. Inc. Description, Business Overview
  • 5.4.3 Busek Co. Inc. Electric Propulsion System Products Offered
  • 5.4.4 Busek Co. Inc. Electric Propulsion System Revenue and Gross Margin (2020-2025)
  • 5.4.5 Busek Co. Inc. Electric Propulsion System Revenue by Product in 2024
  • 5.4.6 Busek Co. Inc. Electric Propulsion System Revenue by Application in 2024
  • 5.4.7 Busek Co. Inc. Electric Propulsion System Revenue by Geographic Area in 2024
  • 5.4.8 Busek Co. Inc. Recent Developments
• 5.5 Accion Systems Inc.
  • 5.5.1 Accion Systems Inc. Corporation Information
  • 5.5.2 Accion Systems Inc. Description, Business Overview
  • 5.5.3 Accion Systems Inc. Electric Propulsion System Products Offered
  • 5.5.4 Accion Systems Inc. Electric Propulsion System Revenue and Gross Margin (2020-2025)
  • 5.5.5 Accion Systems Inc. Electric Propulsion System Revenue by Product in 2024
  • 5.5.6 Accion Systems Inc. Electric Propulsion System Revenue by Application in 2024
  • 5.5.7 Accion Systems Inc. Electric Propulsion System Revenue by Geographic Area in 2024
  • 5.5.8 Accion Systems Inc. Recent Developments

6 North America

• 6.1 North America Electric Propulsion System Market Size YoY Growth 2020-2031
• 6.2 North America Electric Propulsion System Market Facts & Figures by Country (2020-2031)
• 6.3 North America Electric Propulsion System Revenue by Type (2020-2025)
• 6.4 North America Electric Propulsion System Revenue by Application (2020-2025)

7 Asia-Pacific

• 7.1 Asia-Pacific Electric Propulsion System Market Size YoY Growth 2020-2031
• 7.2 Asia-Pacific Electric Propulsion System Market Facts & Figures by Region (2020-2031)
• 7.3 Asia-Pacific Electric Propulsion System Revenue by Type (2020-2025)
• 7.4 Asia-Pacific Electric Propulsion System Revenue by Application (2020-2025)

8 Europe

• 8.1 Europe Electric Propulsion System Market Size YoY Growth 2020-2031
• 8.2 Europe Electric Propulsion System Market Facts & Figures by Country (2020-2031)
• 8.3 Europe Electric Propulsion System Revenue by Type (2020-2025)
• 8.4 Europe Electric Propulsion System Revenue by Application (2020-2025)

9 Latin America

• 9.1 Latin America Electric Propulsion System Market Size YoY Growth 2020-2031
• 9.2 Latin America Electric Propulsion System Market Facts & Figures by Country (2020-2031)
• 9.3 Latin America Electric Propulsion System Revenue by Type (2020-2025)
• 9.4 Latin America Electric Propulsion System Revenue by Application (2020-2025)

10 Middle East and Africa

• 10.1 Latin America Electric Propulsion System Market Size YoY Growth 2020-2031
• 10.2 Middle East and Africa Electric Propulsion System Market Facts & Figures by Country (2020-2031)
• 10.3 Middle East and Africa Electric Propulsion System Revenue by Type (2020-2025)
• 10.4 Middle East and Africa Electric Propulsion System Revenue by Application (2020-2025)

11 Supply Chain and Sales Channel analysis

• 11.1 Electric Propulsion System Supply Chain Analysis
• 11.2 Electric Propulsion System Key Raw Materials and Upstream Suppliers
• 11.3 Electric Propulsion System Clients Analysis
• 11.4 Electric Propulsion System Sales Channel and Sales Model Analysis
  • 11.4.1 Electric Propulsion System Distribution Channel Analysis: Indirect Sales VS Direct Sales
  • 11.4.2 Electric Propulsion System Distribution Channel Analysis: Online Sales VS Offline Sales
  • 11.4.3 Electric Propulsion System Distributors

12 Electric Propulsion System Market Dynamics

• 12.1 Electric Propulsion System Industry Trends
• 12.2 Electric Propulsion System Market Drivers
• 12.3 Electric Propulsion System Market Challenges
• 12.4 Electric Propulsion System Market Restraints

13 Research Findings and Conclusion

14 Appendix

• 14.1 Research Methodology
  • 14.1.1 Methodology/Research Approach
    • 14.1.1.1 Research Programs/Design
    • 14.1.1.2 Market Size Estimation
    • 14.1.1.3 Market Breakdown and Data Triangulation
  • 14.1.2 Data Source
    • 14.1.2.1 Secondary Sources
    • 14.1.2.2 Primary Sources
• 14.2 Author Details
• 14.3 Disclaimer

List of Tables

Table 1. Global Electric Propulsion System Market Size Growth Rate (CAGR) 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 Electric Propulsion System Market Size by Region (US$ Million): 2024 VS 2031

Table 4. Global Electric Propulsion System Revenue by Region (2020-2025) & (US$ Million)

Table 5. Global Electric Propulsion System Revenue Forecast by Region (2026-2031) & (US$ Million)

Table 6. Global Electric Propulsion System Revenue by Type (2020-2025) & (US$ Million)

Table 7. Global Electric Propulsion System Revenue Forecast by Type (2026-2031) & (US$ Million)

Table 8. Global Electric Propulsion System Revenue by Application (2020-2025) & (US$ Million)

Table 9. Global Electric Propulsion System Revenue Forecast by Application (2026-2031) & (US$ Million)

Table 10. Electric Propulsion System Revenue by Company (2020-2025) & (US$ Million)

Table 11. Electric Propulsion System Revenue Share by Company (2020-2025)

Table 12. Ranking of Global Top Electric Propulsion System Players by Revenue (US$ Million) in 2024

Table 13. Global Electric Propulsion System Companies Market Concentration Ratio (CR5 and HHI) & (2020-2025)

Table 14. Global Electric Propulsion System by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Propulsion System as of 2024)

Table 15. Global Electric Propulsion System Companies Headquarters

Table 16. Date of International Companies Enter into Electric Propulsion System Market

Table 17. Global Electric Propulsion System Companies Product & Service

Table 18. Global Electric Propulsion System Mergers & Acquisitions, Expansion Plans

Table 19. Aerospace Corporation Corporation Information

Table 20. Aerospace Corporation Description and Business Overview

Table 21. Aerospace Corporation Electric Propulsion System Product

Table 22. Aerospace Corporation Electric Propulsion System Revenue (US$ Million) and Gross Margin (2020-2025)

Table 23. Aerospace Corporation Revenue Proportion of Electric Propulsion System by Product in 2024

Table 24. Aerospace Corporation Revenue Proportion of Electric Propulsion System by Application in 2024

Table 25. Aerospace Corporation Revenue Proportion of Electric Propulsion System by Geographic Area in 2024

Table 26. Aerospace Corporation Recent Developments

Table 27. SITAEL Corporation Information

Table 28. SITAEL Description and Business Overview

Table 29. SITAEL Electric Propulsion System Product

Table 30. SITAEL Electric Propulsion System Revenue (US$ Million) and Gross Margin (2020-2025)

Table 31. SITAEL Revenue Proportion of Electric Propulsion System by Product in 2024

Table 32. SITAEL Revenue Proportion of Electric Propulsion System by Application in 2024

Table 33. SITAEL Revenue Proportion of Electric Propulsion System by Geographic Area in 2024

Table 34. SITAEL Recent Developments

Table 35. Bellatrix Aerospace Corporation Information

Table 36. Bellatrix Aerospace Description and Business Overview

Table 37. Bellatrix Aerospace Electric Propulsion System Product

Table 38. Bellatrix Aerospace Electric Propulsion System Revenue (US$ Million) and Gross Margin (2020-2025)

Table 39. Bellatrix Aerospace Revenue Proportion of Electric Propulsion System by Product in 2024

Table 40. Bellatrix Aerospace Revenue Proportion of Electric Propulsion System by Application in 2024

Table 41. Bellatrix Aerospace Revenue Proportion of Electric Propulsion System by Geographic Area in 2024

Table 42. Bellatrix Aerospace Recent Developments

Table 43. Busek Co. Inc. Corporation Information

Table 44. Busek Co. Inc. Description and Business Overview

Table 45. Busek Co. Inc. Electric Propulsion System Product

Table 46. Busek Co. Inc. Electric Propulsion System Revenue (US$ Million) and Gross Margin (2020-2025)

Table 47. Busek Co. Inc. Revenue Proportion of Electric Propulsion System by Product in 2024

Table 48. Busek Co. Inc. Revenue Proportion of Electric Propulsion System by Application in 2024

Table 49. Busek Co. Inc. Revenue Proportion of Electric Propulsion System by Geographic Area in 2024

Table 50. Busek Co. Inc. Recent Developments

Table 51. Accion Systems Inc. Corporation Information

Table 52. Accion Systems Inc. Description and Business Overview

Table 53. Accion Systems Inc. Electric Propulsion System Product

Table 54. Accion Systems Inc. Electric Propulsion System Revenue (US$ Million) and Gross Margin (2020-2025)

Table 55. Accion Systems Inc. Revenue Proportion of Electric Propulsion System by Product in 2024

Table 56. Accion Systems Inc. Revenue Proportion of Electric Propulsion System by Application in 2024

Table 57. Accion Systems Inc. Revenue Proportion of Electric Propulsion System by Geographic Area in 2024

Table 58. Accion Systems Inc. Recent Developments

Table 59. North America Electric Propulsion System Revenue by Country (2020-2025) & (US$ Million)

Table 60. North America Electric Propulsion System Revenue by Country (2026-2031) & (US$ Million)

Table 61. North America Electric Propulsion System Revenue by Type (2020-2025) & (US$ Million)

Table 62. North America Electric Propulsion System Revenue by Application (2020-2025) & (US$ Million)

Table 63. Asia-Pacific Electric Propulsion System Revenue by Region (2020-2025) & (US$ Million)

Table 64. Asia-Pacific Electric Propulsion System Revenue by Region (2026-2031) & (US$ Million)

Table 65. Asia-Pacific Electric Propulsion System Revenue by Type (2020-2025) & (US$ Million)

Table 66. Asia-Pacific Electric Propulsion System Revenue by Application (2020-2025) & (US$ Million)

Table 67. Europe Electric Propulsion System Revenue by Country (2020-2025) & (US$ Million)

Table 68. Europe Electric Propulsion System Revenue by Country (2026-2031) & (US$ Million)

Table 69. Europe Electric Propulsion System Revenue by Type (2020-2025) & (US$ Million)

Table 70. Europe Electric Propulsion System Revenue by Application (2020-2025) & (US$ Million)

Table 71. Latin America Electric Propulsion System Revenue by Country (2020-2025) & (US$ Million)

Table 72. Latin America Electric Propulsion System Revenue by Country (2026-2031) & (US$ Million)

Table 73. Latin America Electric Propulsion System Revenue by Type (2020-2025) & (US$ Million)

Table 74. Latin America Electric Propulsion System Revenue by Application (2020-2025) & (US$ Million)

Table 75. Middle East and Africa Electric Propulsion System Revenue by Country (2020-2025) & (US$ Million)

Table 76. Middle East and Africa Electric Propulsion System Revenue by Country (2026-2031) & (US$ Million)

Table 77. Middle East and Africa Electric Propulsion System Revenue by Type (2020-2025) & (US$ Million)

Table 78. Middle East and Africa Electric Propulsion System Revenue by Application (2020-2025) & (US$ Million)

Table 79. Electric Propulsion System Key Raw Materials, Industry Status and Trend

Table 80. Electric Propulsion System Key Raw Materials and Upstream Suppliers

Table 81. Electric Propulsion System Clients Status and Trend

Table 82. Electric Propulsion System Typical Clients

Table 83. Electric Propulsion System Distributors

Table 84. Electric Propulsion System Market Trends

Table 85. Electric Propulsion System Market Drivers

Table 86. Electric Propulsion System Market Challenges

Table 87. Electric Propulsion System Market Restraints

Table 88. Research Programs/Design for This Report

Table 89. Key Data Information from Secondary Sources

Table 90. Key Data Information from Primary Sources

List of Figures

Figure 1. Electric Propulsion System Product Picture

Figure 2. Global Electric Propulsion System Market Size by Type (US$ Million): 2020 VS 2024 VS 2031

Figure 3. Global Electric Propulsion System Revenue Market Share by Type in 2024 & 2031

Figure 4. Gridded Ion Engine (GIE) Product Picture

Figure 5. Hall Effect Thruster (HET) Product Picture

Figure 6. High Efficiency Multistage Plasma Thruster (HEMPT) Product Picture

Figure 7. Pulsed Plasma Thruster (PPT) Product Picture

Figure 8. Other Product Picture

Figure 9. Global Electric Propulsion System Market Size by Application (US$ Million): 2020 VS 2024 VS 2031

Figure 10. Global Electric Propulsion System Revenue Market Share by Application in 2024 & 2031

Figure 11. Nano Satellite

Figure 12. Microsatellite

Figure 13. Electric Propulsion System Report Years Considered

Figure 14. Global Electric Propulsion System Revenue, (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Electric Propulsion System Market Size (2020-2031) & (US$ Million)

Figure 16. Global Electric Propulsion System Market Size Market Share by Region: 2024 Versus 2031

Figure 17. Global Electric Propulsion System Revenue Market Share by Region (2020-2031)

Figure 18. Global Electric Propulsion System Revenue Market Share Forecast by Type (2020-2031)

Figure 19. Global Electric Propulsion System Revenue Market Share Forecast by Application (2020-2031)

Figure 20. Gridded Ion Engine (GIE) of Electric Propulsion System Revenue Market Share by Application, 2024 VS 2031

Figure 21. Hall Effect Thruster (HET) of Electric Propulsion System Revenue Market Share by Application, 2024 VS 2031

Figure 22. High Efficiency Multistage Plasma Thruster (HEMPT) of Electric Propulsion System Revenue Market Share by Application, 2024 VS 2031

Figure 23. Pulsed Plasma Thruster (PPT) of Electric Propulsion System Revenue Market Share by Application, 2024 VS 2031

Figure 24. Other of Electric Propulsion System Revenue Market Share by Application, 2024 VS 2031

Figure 25. Electric Propulsion System Revenue Share by Company (2024)

Figure 26. Electric Propulsion System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 27. Gridded Ion Engine (GIE) Revenue Proportion by Company in 2024

Figure 28. Hall Effect Thruster (HET) Revenue Proportion by Company in 2024

Figure 29. High Efficiency Multistage Plasma Thruster (HEMPT) Revenue Proportion by Company in 2024

Figure 30. Pulsed Plasma Thruster (PPT) Revenue Proportion by Company in 2024

Figure 31. Other Revenue Proportion by Company in 2024

Figure 32. North America Electric Propulsion System Revenue 2020-2031 (US$ Million)

Figure 33. North America Electric Propulsion System Revenue Market Share by Type (2020-2025)

Figure 34. North America Electric Propulsion System Revenue Market Share by Application (2020-2025)

Figure 35. Asia-Pacific Electric Propulsion System Revenue 2020-2031 (US$ Million)

Figure 36. Asia-Pacific Electric Propulsion System Revenue Market Share by Region (2020-2031)

Figure 37. Asia-Pacific Electric Propulsion System Revenue Market Share by Type (2020-2025)

Figure 38. Asia-Pacific Electric Propulsion System Revenue Market Share by Application (2020-2025)

Figure 39. Europe Electric Propulsion System Revenue Growth Rate 2020-2031 (US$ Million)

Figure 40. Europe Electric Propulsion System Revenue Market Share by Country (2020-2031)

Figure 41. Europe Electric Propulsion System Revenue Market Share by Type (2020-2025)

Figure 42. Europe Electric Propulsion System Revenue Market Share by Application (2020-2025)

Figure 43. Latin America Electric Propulsion System Revenue Growth Rate 2020-2031 (US$ Million)

Figure 44. Latin America Electric Propulsion System Revenue Market Share by Country (2020-2031)

Figure 45. Latin America Electric Propulsion System Revenue Market Share by Type (2020-2025)

Figure 46. Latin America Electric Propulsion System Revenue Market Share by Application (2020-2025)

Figure 47. Middle East and Africa Electric Propulsion System Revenue Growth Rate 2020-2031 (US$ Million)

Figure 48. Middle East and Africa Electric Propulsion System Revenue Market Share by Country (2020-2031)

Figure 49. Middle East and Africa Electric Propulsion System Revenue Market Share by Type (2020-2025)

Figure 50. Middle East and Africa Electric Propulsion System Revenue Market Share by Application (2020-2025)

Figure 51. Electric Propulsion System Supply Chain (Upstream and Downstream Market)

Figure 52. Global Production Market Share of Electric Propulsion System Raw Materials by Region in 2024

Figure 53. Electric Propulsion System Distribution Channels

Figure 54. Global Electric Propulsion System Percentage 2020-2031: Indirect Sales VS Direct Sales

Figure 55. Global Electric Propulsion System Percentage 2020-2031: Online Sales VS Offline Sales

Figure 56. Bottom-up and Top-down Approaches for This Report

Figure 57. Data Triangulation

Figure 58. Key Executives Interviewed