The Small Satellite Market is expected to be around US$ 12 Billion by 2028 at a CAGR of 20.80% in the given forecast period.
The growth of the small satellite market is majorly driven by rising market demand for LEO-based services in a communication application. The small product in the communication constellation majorly utilizes radio or laser communications to communicate with the ground and has attitude control and propulsion systems onboard. Satellites cater the purpose of earth observation by taking images of agricultural fields, observation of climatic changes, meteorology, disaster mitigation and other outputs. Furthermore, the surging demand for such services promises to accelerate the market growth of small satellites over the estimated period. There has been a subsequent rise in space exploration missions over time. The rising number of missions positively influences the market demand of small satellites needs to conduct such mission which is a propelling factor for the market.
The global Small Satellite market is segregated on the basis of Type as Minisatellite, Microsatellite, Nanosatellite and Others. Based on Application the global Small Satellite market is segmented in Earth Observation & Remote Sensing, Satellite Communication, Science & Exploration, Mapping & Navigation, Space Observation and Others. Based on End User the global Small Satellite market is segmented in Commercial, Academic, Government & Military and Others.
The global Small Satellite market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Small Satellite market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
L3Harris Technologies Inc., Thales Alenia Space, Singapore Technologies Engineering Ltd, Blue Canyon Technologies Inc., Sierra Nevada Corporation, Northrop Grumman Corporation, GomSpace Group AB, Surrey Satellite Technology Ltd (Airbus SE), Millennium Space Systems Inc. (The Boeing Company), Adcole Maryland Aerospace LLC, and others are among the major players in the global Small Satellite market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Small Satellite Market has been segmented as below:
Small Satellite Market, By Type
Small Satellite Market, By Application
Small Satellite Market, By End User
Small Satellite Market, By Region
Small Satellite Market, By Company
The report covers:
Report Scope:
The global Small Satellite market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Small Satellite market share. Major industry players with significant revenue share include L3Harris Technologies Inc., Thales Alenia Space, Singapore Technologies Engineering Ltd, Blue Canyon Technologies Inc., Sierra Nevada Corporation, Northrop Grumman Corporation, GomSpace Group AB, Surrey Satellite Technology Ltd (Airbus SE), Millennium Space Systems Inc. (The Boeing Company), Adcole Maryland Aerospace LLC, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter’s Five Force Analysis
5. Small Satellite Market, By Type
5.1. Introduction
5.2. Minisatellite
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Microsatellite
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Nanosatellite
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. Others
5.5.1. Market Overview
5.5.2. Market Size and Forecast
6. Small Satellite Market, By Application
6.1. Introduction
6.2. Earth Observation & Remote Sensing
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Satellite Communication
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Science & Exploration
6.4.1. Market Overview
6.4.2. Market Size and Forecast
6.5. Mapping & Navigation
6.5.1. Market Overview
6.5.2. Market Size and Forecast
6.6. Space Observation
6.6.1. Market Overview
6.6.2. Market Size and Forecast
6.7. Others
6.7.1. Market Overview
6.7.2. Market Size and Forecast
7. Small Satellite Market, By End User
7.1. Introduction
7.2. Commercial
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Academic
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Government & Military
7.4.1. Market Overview
7.4.2. Market Size and Forecast
7.5. Others
7.5.1. Market Overview
7.5.2. Market Size and Forecast
8. Small Satellite Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America Small Satellite, By Type
8.2.2. North America Small Satellite, By Application
8.2.3. North America Small Satellite, By End User
8.3. Europe
8.3.1. Europe Small Satellite, By Type
8.3.2. Europe Small Satellite, By Application
8.3.3. Europe Small Satellite, By End User
8.4. Asia-Pacific
8.4.1. Asia-Pacific Small Satellite, By Type
8.4.2. Asia-Pacific Small Satellite, By Application
8.4.3. Asia-Pacific Small Satellite, By End User
8.5. Rest of the World
8.5.1. Rest of the World Small Satellite, By Type
8.5.2. Rest of the World Small Satellite, By Application
8.5.3. Rest of the World Small Satellite, By End User
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. L3Harris Technologies Inc.
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Thales Alenia Space
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. Singapore Technologies Engineering Ltd
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Blue Canyon Technologies Inc.
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Sierra Nevada Corporation
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Northrop Grumman Corporation
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. GomSpace Group AB
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. Surrey Satellite Technology Ltd (Airbus SE)
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. Millennium Space Systems Inc. (The Boeing Company)
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. Adcole Maryland Aerospace LLC
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. Planet Labs Inc.
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
10.12. Spire Global Inc.
10.12.1. Company Overview
10.12.2. Product/Service Landscape
10.12.3. Financial Overview
10.12.4. Recent Developments
10.13. Space Exploration Technologies Corp.
10.13.1. Company Overview
10.13.2. Product/Service Landscape
10.13.3. Financial Overview
10.13.4. Recent Developments
The Small Satellite Market has been segmented as below:
Small Satellite Market, By Type
Small Satellite Market, By Application
Small Satellite Market, By End User
Small Satellite Market, By Region
Small Satellite Market, By Company
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