Forecast of Global Electric Propulsion System Market 2023

Global 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.