This book provides a comprehensive assessment and presentation of various feasible application of electric propulsion system, considering their weight, volume, reliability, and fault tolerance. The results of feasibility analysis can be used today or in the near future for development of electric propulsion system for the ships, planes, helicopters, and spacecrafts. To solve the above task, new theoretical approaches are applied, including combined random process methods, the Lz-transform technique for multistate systems, and statistical data processing.