Small Satellite Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260658

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260658

Small Satellite Market

Growth Factors of Small Satellite Market

The global small satellite market size was valued at USD 3.23 billion in 2022 and is projected to grow from USD 3.46 billion in 2023 to USD 5.88 billion by 2030, exhibiting a CAGR of 7.9% during the forecast period of 2024-2032.

The COVID-19 pandemic disrupted the small satellite market by causing delays in manufacturing and launches due to supply chain challenges and staff regulations. Despite those setbacks, the call for small satellites grew as corporations recognized their value for faraway sensing and communique at some stage in the pandemic, impeding the small satellite market growth.

Driving factors for the Small Satellite Market encompass the growing call for satellite services like earth commentary and communication, improvements in miniaturization, and fee-effective answers—increased interest from commercial and authority sectors for area exploration and studies.

CubeSats and microsatellites are revolutionizing the gap industry because of their smaller size and lower cost. This miniaturization has made space entry at a lower price, allowing a wider variety of packages and expanding the small satellite market share globally. CubeSats and microsatellites are used for numerous functions, along with Earth remark, conversation, technology demonstration, and scientific research. Their versatility and affordability have made them a popular choice for both commercial and authority entities, riding a substantial increase inside the small satellite market.

Comprehensive Analysis of Small Satellite Market

Components, weight, quit-use, and application segment the Small Satellite Market. The additives consist of telemetry, tracking, command, strength, and propulsion systems, with the propulsion section predicted to develop swiftly because of its various programs. In weight classes, minisatellites (100-1000 kg) will dominate the marketplace, even as microsatellites (10-100 kg) are projected to develop quickly. The military sector leads in cease-use because of expanded satellite TV for pc fleets, and the industrial phase is likewise expected to be more speedy. Earth statement is the most significant phase for packages, driven by international launch initiatives, with navigation expected to develop quickly because of rising investments.

The North America region led the small satellite market by benefitting a size of USD 1.59 billion in 2023 due to various ongoing and upcoming initiatives; North America holds a massive share of the small satellite TV for pc market and is projected to revel in the consistent boom.

The leading players in the small satellite market significantly impact its growth trajectory and establish industry standards. Key companies such as Airbus S.A.S. (Netherlands), The Boeing Company (U.S.), Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.), Sierra Nevada Corporation (U.S.), ST Engineering (Singapore), Thales Group (France), SpaceX (U.S.), and L3Harris Technologies (U.S.) contribute to a competitive landscape, fostering innovation and driving market advancement.

In February 2023, Anuvu revealed its intention to leverage Telesat's ground infrastructure for its small satellite constellation. The company aims to begin launching its fleet of small satellites in mid-2023.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 7.9% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Component

Telemetry, Tracking, and Command

Power System

Propulsion System

Command & Data Handling

Others

By Weight

Minisatellite

Microsatellite

Nanosatellite

Picosatellite

By Application

Communication

Navigation

Earth Observation

Others

By End-use

Civil

Military

Commercial

By Region

North America (By Component, By Weight, By Application, By End-use)

U.S. (By Application)
Canada (By Application)

Europe (By Component, By Weight, By Application, By End-use)

U.K. (By Application)
Germany (By Application)
France (By Application)
Russia (By Application)
Rest of Europe (By Application)

Asia Pacific (By Component, By Weight, By Application, By End-use)

China (By Application)
India (By Application)
Japan (By Application)
Rest of Asia Pacific (By Application)

Rest of the World (By Component, By Weight, By Application, By End-use)

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships; 4.2. Latest technological Advancements; 4.3. Porters Five Forces Analysis; 4.4. Supply Chain Analysis; 4.5. Impact of the COVID-19 pandemic on the Global Small Satellite Market
5. Global Small Satellite Market Analysis, Insights and Forecast, 2019-2030: 5.1. Key Findings / Definition; 5.2. Market Analysis, Insights and Forecast – By Components; 5.2.1. Telemetry, Tracking, and Command; 5.2.2. Power System; 5.2.3. Propulsion System; 5.2.4. Command & Data Handling; 5.2.5. Other; 5.3. Market Analysis, Insights and Forecast – By Weight; 5.3.1. Minisatellite; 5.3.2. Microsatellite; 5.3.3. Nanosatellite; 5.3.4. Picosatellite; 5.4. Market Analysis, Insights and Forecast – By Application; 5.4.1. Communication; 5.4.2. Navigation; 5.4.3. Earth Observation; 5.4.4. Other; 5.5. Market Analysis, Insights and Forecast – By End Use; 5.5.1. Civil; 5.5.2. Military; 5.5.3. Commercial; 5.6. Market Analysis, Insights and Forecast – By Region; 5.6.1. North America; 5.6.2. Europe; 5.6.3. Asia-pacific; 5.6.4. Rest of the World
6. North America Small Satellite Market Analysis, Insights and Forecast, 2019-2030: 6.1. Market Analysis, Insights and Forecast – By Components; 6.1.1. Telemetry, Tracking, and Command; 6.1.2. Power System; 6.1.3. Propulsion System; 6.1.4. Command & Data Handling; 6.1.5. Other; 6.2. Market Analysis, Insights and Forecast – By Weight; 6.2.1. Minisatellite; 6.2.2. Microsatellite; 6.2.3. Nanosatellite; 6.2.4. Picosatellite; 6.3. Market Analysis, Insights and Forecast – By Application; 6.3.1. Communication; 6.3.2. Navigation; 6.3.3. Earth Observation; 6.3.4. Other; 6.4. Market Analysis, Insights and Forecast – By End Use; 6.4.1. Civil; 6.4.2. Military; 6.4.3. Commercial; 6.5. Market Analysis – By Country; 6.5.1. The U.S. (By Application); 6.5.2. Canada (By Application)
7. Europe Small Satellite Market Analysis, Insights and Forecast, 2019-2030: 7.1. Market Analysis, Insights and Forecast – By Components; 7.1.1. Telemetry, Tracking, and Command; 7.1.2. Power System; 7.1.3. Propulsion System; 7.1.4. Command & Data Handling; 7.1.5. Other; 7.2. Market Analysis, Insights and Forecast – By Weight; 7.2.1. Minisatellite; 7.2.2. Microsatellite; 7.2.3. Nanosatellite; 7.2.4. Picosatellite; 7.3. Market Analysis, Insights and Forecast – By Application; 7.3.1. Communication; 7.3.2. Navigation; 7.3.3. Earth Observation; 7.3.4. Other; 7.4. Market Analysis, Insights and Forecast – By End Use; 7.4.1. Civil; 7.4.2. Military; 7.4.3. Commercial; 7.5. Market Analysis – By Country; 7.5.1. The U.K. (By Application); 7.5.2. Germany (By Application); 7.5.3. France (By Application); 7.5.4. Russia (By Application); 7.5.5. Rest of Europe (By Application)
8. Asia Pacific Small Satellite Market Analysis, Insights and Forecast, 2019-2030: 8.1. Market Analysis, Insights and Forecast – By Components; 8.1.1. Telemetry, Tracking, and Command; 8.1.2. Power System; 8.1.3. Propulsion System; 8.1.4. Command & Data Handling; 8.1.5. Other; 8.2. Market Analysis, Insights and Forecast – By Weight; 8.2.1. Minisatellite; 8.2.2. Microsatellite; 8.2.3. Nanosatellite; 8.2.4. Picosatellite; 8.3. Market Analysis, Insights and Forecast – By Application; 8.3.1. Communication; 8.3.2. Navigation; 8.3.3. Earth Observation; 8.3.4. Other; 8.4. Market Analysis, Insights and Forecast – By End Use; 8.4.1. Civil; 8.4.2. Military; 8.4.3. Commercial; 8.5. Market Analysis – By Country; 8.5.1. China (By Application); 8.5.2. India (By Application); 8.5.3. Japan (By Application); 8.5.4. Rest of Asia Pacific (By Application)
9. Rest of the World Small Satellite Market Analysis, Insights and Forecast, 2019-2030: 9.1. Market Analysis, Insights and Forecast – By Components; 9.1.1. Telemetry, Tracking, and Command; 9.1.2. Power System; 9.1.3. Propulsion System; 9.1.4. Command & Data Handling; 9.1.5. Other; 9.2. Market Analysis, Insights and Forecast – By Weight; 9.2.1. Minisatellite; 9.2.2. Microsatellite; 9.2.3. Nanosatellite; 9.2.4. Picosatellite; 9.3. Market Analysis, Insights and Forecast – By Application; 9.3.1. Communication; 9.3.2. Navigation; 9.3.3. Earth Observation; 9.3.4. Other; 9.4. Market Analysis, Insights and Forecast – By End Use; 9.4.1. Civil; 9.4.2. Military; 9.4.3. Commercial; 9.5. Market Analysis – By Sub-Region; 9.5.1. Latin America (By Application); 9.5.2. The Middle East & Africa (By Application)
10. Competitive Analysis: 10.1. Global Market Share Analysis (2022); 10.2. Competition Dashboard
11. Company Profiles: 11.1. Airbus S.A.S. (Netherlands); 11.1.1. Overview; 11.1.2. Products & services; 11.1.3. SWOT analysis; 11.1.4. Recent developments; 11.1.5. strategies; 11.1.6. financials (based on availability); 11.2. The Boeing Company (U.S.); 11.2.1. Overview; 11.2.2. Products & services; 11.2.3. SWOT analysis; 11.2.4. Recent developments; 11.2.5. strategies; 11.2.6. financials (based on availability); 11.3. Lockheed Martin Corporation (U.S.); 11.3.1. Overview; 11.3.2. Products & services; 11.3.3. SWOT analysis; 11.3.4. Recent developments; 11.3.5. strategies; 11.3.6. financials (based on availability); 11.4. Northrop Grumman Corporation (U.S.); 11.4.1. Overview; 11.4.2. Products & services; 11.4.3. SWOT analysis; 11.4.4. Recent developments; 11.4.5. strategies; 11.4.6. financials (based on availability); 11.5. Sierra Nevada Corporation (U.S.); 11.5.1. Overview; 11.5.2. Products & services; 11.5.3. SWOT analysis; 11.5.4. Recent developments; 11.5.5. strategies; 11.5.6. financials (based on availability); 11.6. ST Engineering (Singapore); 11.6.1. Overview; 11.6.2. Products & services; 11.6.3. SWOT analysis; 11.6.4. Recent developments; 11.6.5. strategies; 11.6.6. financials (based on availability); 11.7. Thales Group (France); 11.7.1. Overview; 11.7.2. Products & services; 11.7.3. SWOT analysis; 11.7.4. Recent developments; 11.7.5. strategies; 11.7.6. financials (based on availability); 11.8. SpaceX (U.S.); 11.8.1. Overview; 11.8.2. Products & services; 11.8.3. SWOT analysis; 11.8.4. Recent developments; 11.8.5. strategies; 11.8.6. financials (based on availability); 11.9. L3Harries Technologies (U.S.); 11.9.1. Overview; 11.9.2. Products & services; 11.9.3. SWOT analysis; 11.9.4. Recent developments; 11.9.5. strategies; 11.9.6. financials (based on availability)