Small Satellite Market, by Satellite Size (Minisatellite, Microsatellite, Nanosatellite, Picosatellite, Femtosatellite), by Application Type (Earth Observation, Telecommunication, Scientific Research, Technology Demonstration), by End User (Civil, Defens

Small Satellite Market, 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), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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.

Key features of the study:

• This report provides an in-depth analysis of global small satellite market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global small satellite market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include Harris Corporation Airbus Defense and Space, Boeing, Geooptics Inc., Lockheed Martin Corporation, Millennium Space Systems Inc., Northrop Grumman Corporation, OHB AG, Oneweb Ltd, Planet Labs Inc., Sierra Nevada Corporation, Singapore Technologies Engineering Limited, Space Exploration Technologies Corp. (Space X), Surrey Satellite Technology Ltd., and Thales Alenia Space.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding 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, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global small staellite market

Detailed Segmentation

• Global Small Satellite Market, By Satellite Size:
• Minisatellite
• Microsatellite
• Nanosatellite
• Picosatellite
• Femtosatellite
• Global Small Satellite Market, By Application Type:
• Earth Observation
• Telecommunication
• Scientific Research
• Technology Demonstration
• Global Small Satellite Market, By End User :
• Civil
• Defense
• Commercial
• Government
• Global Small Satellite Market, By Region:
• North America
• By Country:
• U.S.
• Canada
• Europe
• By Country:
• Germany
• Italy
• U.K.
• France
• Russia
• Rest of Europe
• Asia Pacific
• By Country:
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Latin America
• By Country/Region:
• GCC Countries
• South Africa
• Rest of Middle East and Africa
• Company Profiles
• Harris Corporation Airbus Defense and Space *
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments/ Updates
• Boeing
• Geooptics Inc.
• Lockheed Martin Corporation
• Millennium Space Systems Inc.
• Northrop Grumman Corporation,
• OHB AG,
• Oneweb Ltd,
• Planet Labs Inc.,
• Sierra Nevada Corporation,
• Singapore Technologies Engineering Limited,
• Space Exploration Technologies Corp. (Space X),
• Surrey Satellite Technology Ltd.
• Thales Alenia Space.

“*” marked represents similar segmentation in other categories in the respective section.