The global CubeSat market is projected to reach $673.15 million by 2028, with a compound annual growth rate (CAGR) of 16.86% from 2021 to 2028. This growth is driven by various macro and microeconomic factors, including the increasing demand for CubeSats across a range of commercial applications.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By End User (Government & Military, Commercial, Non-profit Organizations)
On the Basis of Subsystem (Payloads, Solar Panels & Antenna Systems, Propulsion Systems, Others)
On the basis of Application (Earth Observation & Traffic Monitoring, Science & End User, and Education, Others)
Key players
Planet Labs Inc.
GomSpace
AAC Clyde Space
Endurosat
Tyvak Nano-Satellite Systems, Inc
Surrey Satellite Technology Limited
Innovative Solutions In Space B.V.
Space Inventor
Pumpkin Space Systems
CU Aerospace, L.L.C.
- Chapter 1. Executive Summary
- Chapter 2. Scope Of The Study
- 2.1. Market Definition
- 2.2. Scope Of The Study
- 2.2.1. Objectives of Report
- Chapter 3. Evolve BI Methodology
- Chapter 4. Market Insights and Trends
- 4.1. Supply/ Value Chain Analysis
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Threat Of New Entrants
- 4.2.2. Bargaining Power Of Buyers
- 4.2.3. Bargaining Power Of Suppliers
- 4.2.4. Threat Of Substitutes
- 4.2.5. Industry Rivalry
- 4.3. Impact of COVID-19 on CubeSat Market
- 4.3.1. Impact on Market Size
- 4.3.2. End User Trend, Preferences and Budget Impact
- 4.3.3. Regulatory Framework/Government Policies
- 4.3.4. Key Players Strategy to Tackle Negative Impact
- 4.3.5. Opportunity Window
- Chapter 5. Market Dynamics
- 5.1. Introduction
- 5.2. DRO Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- Chapter 6. Global CubeSat Market, By End User
- 6.1. Introduction
- 6.2. Government & Military
- 6.3. Commercial
- 6.4. Non-profit Organizations
- Chapter 7. Global CubeSat Market, By Basis of Subsystem
- 7.1. Introduction
- 7.2. Payloads
- 7.3. Solar Panels & Antenna Systems
- 7.4. Propulsion Systems
- 7.5. Others
- Chapter 8. Global CubeSat Market, By Application
- 8.1. Introduction
- 8.2. Earth Observation & Traffic Monitoring
- 8.3. Science & Technology, and Education
- 8.4. Others
- Chapter 9. Global CubeSat Market, By Region
- 9.1. Introduction
- 9.2. North America
- 9.2.1. Introduction
- 9.2.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.2.4. Market Size and Forecast, By End User, 2020 - 2028
- 9.2.5. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.2.6. Market Size and Forecast, By Application, 2020 – 2028
- 9.2.7. US
- 9.2.7.1. Introduction
- 9.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.7.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.2.7.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.2.7.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.2.8. Canada
- 9.2.8.1. Introduction
- 9.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.8.4. Market Size and Forecast, By End User, 2020 - 2028
- 9.2.8.5. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.2.8.6. Market Size and Forecast, By Application, 2020 - 2028
- 9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.3.4. Market Size and Forecast, By End User, 2020 - 2028
- 9.3.5. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.3.6. Market Size and Forecast, By Application, 2020 – 2028
- 9.3.7. Germany
- 9.3.7.1. Introduction
- 9.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.7.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.3.7.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.3.7.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.8. France
- 9.3.8.1. Introduction
- 9.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.8.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.3.8.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.3.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.9. UK
- 9.3.9.1. Introduction
- 9.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.9.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.3.9.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.3.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.10. Italy
- 9.3.10.1. Introduction
- 9.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.10.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.3.10.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.3.10.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.11. Rest Of Europe
- 9.3.11.1. Introduction
- 9.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.11.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.3.11.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.3.11.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4. Asia-Pacific
- 9.4.1. Introduction
- 9.4.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.4.4. Market Size and Forecast, By End User, 2020 - 2028
- 9.4.5. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.4.7. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.8. China
- 9.4.8.1. Introduction
- 9.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.8.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.4.8.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.4.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.9. India
- 9.4.9.1. Introduction
- 9.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.9.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.4.9.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.4.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.10. Japan
- 9.4.10.1. Introduction
- 9.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.10.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.4.10.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.4.10.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.11. South Korea
- 9.4.11.1. Introduction
- 9.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.11.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.4.11.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.4.11.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.12. Rest Of Asia-Pacific
- 9.4.11.1. Introduction
- 9.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.12.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.4.12.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.4.12.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.5. Rest Of The World (RoW)
- 9.5.1. Introduction
- 9.5.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.5.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.5.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.5.6. Market Size and Forecast, By Region, 2020 - 2028
- 9.5.7. South America
- 9.5.7.1. Introduction
- 9.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.7.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.5.7.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.5.7.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.5.8. Middle East & Africa
- 9.5.8.1. Introduction
- 9.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.8.3. Market Size and Forecast, By End User, 2020 - 2028
- 9.5.8.4. Market Size and Forecast, By Basis of Subsystem, 2020 – 2028
- 9.5.8.5. Market Size and Forecast, By Application, 2020 - 2028
- Chapter 10. Competitive Landscape
- 10.1. Introduction
- 10.2. Vendor Share Analysis, 2020/Key Players Positioning 2020
- Chapter 11. Company Profiles
- 11.1. Planet Labs Inc.
- 11.1.1. Business Overview
- 11.1.2. Financial Analysis
- 11.1.3. Product Portfolio
- 11.1.4. Recent Development and Strategies Adopted
- 11.1.5. SWOT Analysis
- 11.2. GomSpace
- 11.2.1. Business Overview
- 11.2.2. Financial Analysis
- 11.2.3. Product Portfolio
- 11.2.4. Recent Development and Strategies Adopted
- 11.2.5. SWOT Analysis
- 11.3. AAC Clyde Space
- 11.3.1. Business Overview
- 11.3.2. Financial Analysis
- 11.3.3. Product Portfolio
- 11.3.4. Recent Development and Strategies Adopted
- 11.3.5. SWOT Analysis
- 11.4. Endurosat
- 11.4.1. Business Overview
- 11.4.2. Financial Analysis
- 11.4.3. Product Portfolio
- 11.4.4. Recent Development and Strategies Adopted
- 11.4.5. SWOT Analysis
- 11.5. Tyvak Nano-Satellite Systems, Inc
- 11.5.1. Business Overview
- 11.5.2. Financial Analysis
- 11.5.3. Product Portfolio
- 11.5.4. Recent Development and Strategies Adopted
- 11.5.5. SWOT Analysis
- 11.6. Surrey Satellite Technology Limited
- 11.6.1. Business Overview
- 11.6.2. Financial Analysis
- 11.6.3. Product Portfolio
- 11.6.4. Recent Development and Strategies Adopted
- 11.6.5. SWOT Analysis
- 11.7. Innovative Solutions In Space B.V.
- 11.7.1. Business Overview
- 11.7.2. Financial Analysis
- 11.7.3. Product Portfolio
- 11.7.4. Recent Development and Strategies Adopted
- 11.7.5. SWOT Analysis
- 11.8. Space Inventor
- 11.8.1. Business Overview
- 11.8.2. Financial Analysis
- 11.8.3. Product Portfolio
- 11.8.4. Recent Development and Strategies Adopted
- 11.8.5. SWOT Analysis
- 11.9. Pumpkin Space Systems
- 11.9.1. Business Overview
- 11.9.2. Financial Analysis
- 11.9.3. Product Portfolio
- 11.9.4. Recent Development and Strategies Adopted
- 11.9.5. SWOT Analysis
- 11.10. CU Aerospace, L.L.C.
- 11.10.1. Business Overview
- 11.10.2. Financial Analysis
- 11.10.3. Product Portfolio
- 11.9.4. Recent Development and Strategies Adopted
- 11.9.5. SWOT Analysis
- Chapter 12. Key Takeaways
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