Global Electric Propulsion System Market is Set for a Positive Growth Forecast at CAGR of 24.3% till 2023

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 @ https://www.bharatbook.com/MarketReports/Sample/Reports/1169408

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
- SITAEL
- Bellatrix Aerospace
- Busek Co. Inc.
- Accion Systems Inc.

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https://www.bharatbook.com/MarketReports/Global-North-America-Europe-Asia-Pacific-South-America-Middle-East-and-Africa-Electric-Propulsion-System-Market-2018-For/1169408

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