
Small Satellite Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Description
Small Satellite Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Small satellite is also referred as miniaturized satellite or small sat, usually under 500kg mass. Small satellites are designed for a specific missions such as geological monitoring or communications and are often laced with a single instrument. According to Coherent Market Insights’ analysis, around 6,200 new small satellite are expected to be launched during 2018 – 2028.
Market Dynamics:
Increasing adoption of small satellites in earth observatory for several aspects such as weather forecast and agricultural or waste land management is expected to boost the market growth. Small sat also plays a key role in disaster management. For instance, in November 2018, Indian Space Research Organization (ISRO) launched HySIS— the earth observation satellite from its Satish Dhawan Space Center. The satellite is tasked to offer data related to agriculture, forestry, soil survey, geology, coastal zone studies, inland water studies, environmental monitoring, and pollution detection from industries.
Small satellite reduces large economic cost of launch vehicles and cost associated with construction of satellites. For instance, according to University of Colorado at Boulder November 2018 report, a cubesat mission costs around US$ 2 million to build and operate, which is far less than full-sized satellite expanses.
Technical challenges associated with small satellites are lack of sufficient power storage or room for propulsion system, which may hinder the market growth.
Key features of the study:
This report provides in-depth analysis of small satellite market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global small satellite market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, small satellite market capital, key developments, strategies, and future plans
Companies covered as part of this study include, Airbus S.A.S, Boeing, Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, SpaceX, Space Systems/Loral, LLC, Mitsubishi Electric Corporation, Ball Corporation, and Indian Space Research Organization (ISRO)
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global small satellite market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the small satellite market
Detailed Segmentation:
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
Global Small Satellite Market, By Geography:
North America
By Satellite Size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Country:
U.S.
Canada
Europe
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Country:
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
LAMEA
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Sub-Region:
Latin America
Middle East
Africa
Small satellite is also referred as miniaturized satellite or small sat, usually under 500kg mass. Small satellites are designed for a specific missions such as geological monitoring or communications and are often laced with a single instrument. According to Coherent Market Insights’ analysis, around 6,200 new small satellite are expected to be launched during 2018 – 2028.
Market Dynamics:
Increasing adoption of small satellites in earth observatory for several aspects such as weather forecast and agricultural or waste land management is expected to boost the market growth. Small sat also plays a key role in disaster management. For instance, in November 2018, Indian Space Research Organization (ISRO) launched HySIS— the earth observation satellite from its Satish Dhawan Space Center. The satellite is tasked to offer data related to agriculture, forestry, soil survey, geology, coastal zone studies, inland water studies, environmental monitoring, and pollution detection from industries.
Small satellite reduces large economic cost of launch vehicles and cost associated with construction of satellites. For instance, according to University of Colorado at Boulder November 2018 report, a cubesat mission costs around US$ 2 million to build and operate, which is far less than full-sized satellite expanses.
Technical challenges associated with small satellites are lack of sufficient power storage or room for propulsion system, which may hinder the market growth.
Key features of the study:
This report provides in-depth analysis of small satellite market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global small satellite market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, small satellite market capital, key developments, strategies, and future plans
Companies covered as part of this study include, Airbus S.A.S, Boeing, Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, SpaceX, Space Systems/Loral, LLC, Mitsubishi Electric Corporation, Ball Corporation, and Indian Space Research Organization (ISRO)
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global small satellite market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the small satellite market
Detailed Segmentation:
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
Global Small Satellite Market, By Geography:
North America
By Satellite Size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Country:
U.S.
Canada
Europe
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Country:
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
LAMEA
By satellite size:
Minisatellite
Microsatellite
Nanosatellite
Picosatellite
Femtosatellite
By application type:
Earth Observation
Telecommunication
Scientific Research
Technology Demonstration
By end user:
Civil
Defense
Commercial
Government
By Sub-Region:
Latin America
Middle East
Africa
Table of Contents
176 Pages
- 1. Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Satellite Size
- Market Snippet By Application Type
- Market Snippet By End User
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New Product Approvals/Launch
- 4. Global Small Satellite Market, By Satellite Size, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Minisatellite
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Microsatellite
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Nanosatellite
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Picosatellite
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Femtosatellite
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- 5. Global Small Satellite Market, By Application Type, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Earth observation
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Telecommunication
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Scientific research
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Technology demonstration
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- 6. Global Small Satellite Market, By End User, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Civil
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Defense
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Commercial
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- Government
- Introduction
- Market Size and Forecast, 2017 - 2028 , (US$ Million)
- 7. Global Small Satellite Market, By Regions, 2017 - 2028 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2028 (%)
- North America
- By Country
- U.S.
- Canada
- By Segment
- Market Size and Forecast, By Satellite Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Application Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- Europe
- By Country
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- By Segment
- Market Size and Forecast, By Satellite Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Application Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Segment
- Market Size and Forecast, By Satellite Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Application Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- LAMEA
- By Sub-Region
- Latin America
- Middle East
- Africa
- By Segment
- Market Size and Forecast, By Satellite Size, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By Application Type, 2017 - 2028 (US$ Million)
- Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
- 8. Competitive Landscape
- Company Profiles
- Airbus
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Boeing
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Lockhead Martin
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Orbital ATK
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Thales Alena Space
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Space X
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- SSL
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Mitsubishi Electric Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Ball Aerospace
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Indian Space Research Organisation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Analyst Views
- 9. Section
- References
- Research Methodology
- About us and Sales Contact
- *Browse all the market data tables and figures on "Global Small Satellite Market- Global forecast to 2028”.
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