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Global Electric Propulsion System Market : Cost Analysis, Strategy and Growth Factor 2023

Global Electric Propulsion System Market : Cost Analysis, Strategy and Growth Factor 2023

India, 14 July 2018 -- An Electric system uses electrical energy to vary the speed of a spacecraft. Most of those varieties of spacecraft propulsion systems work by electrically body process propellant (reaction mass) at high speed, however electrodynamic tethers work by interacting with a planet's magnetic flux. The worldwide market for Electric Propulsion System is predicted to grow at a CAGR of roughly 24.3% over the next 5 years, can reach 630 million US$ in 2023. This report categorizes the market based on manufacturers, regions, type and application.

Bharat Book Bureau Provides the Trending Market Research Report on “Global Electric Propulsion System Market, Forecast to 2023” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

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.

Scope of the Report:
- This report focuses on the Electric Propulsion System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- 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.

Request a free sample copy of Electric Propulsion System Market Report @

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.

The worldwide market for Electric Propulsion System is expected to grow at a CAGR of roughly 24.3% over the next five years, will reach 630 million US$ in 2023, from 170 million US$ in 2017.

Market Segment by Manufacturers, this report covers
- Aerospace Corporation
- Bellatrix Aerospace
- Busek Co. Inc.
- Accion Systems Inc.

Click the link below to read the Full report :

About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
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Submitted by Bharat Book, Bharat Book Bureau on Saturday, 14 July 2018 at 2:34 PM
Category: Science & Research
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