Electric Propulsion System Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018-2025

Published - Sep 2018 | Category - Energy and Power | No. of Pages - 96 | Published By - ARC

Introduction

The global electric propulsion system market is in great demand due to its increasing use. Electric Propulsion is a class of space propulsion which makes use of electrical power to accelerate a propellant by different possible electrical or magnetic means. An electric 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, but electro dynamic tethers work by interacting with a planet's magnetic field. Electric propulsion is a mature and widely used technology on spacecraft.

Market Drivers

The ecosystem of the propulsion systems market comprises type and application. It can achieve high speeds over long periods and thus can work better than chemical rockets for some deep space missions. Electric propulsion systems are particularly economic, environmentally-friendly, and reliable. They are simple to operate and control, and have low levels of noise and vibration. Electric Propulsion, when compared with chemical propulsion, is not limited in energy, but is only limited by the available electrical power on-board the spacecraft. It is suitable for low thrust and long duration applications.


 

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