The 2023-2028 World Outlook for CubeSat Small Satellite Services

The 2023-2028 World Outlook for CubeSat Small Satellite Services

This study covers the world outlook for CubeSat small satellite services across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers CubeSat small satellite services as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for CubeSat small satellite services is 3251101. It is for this definition that aggregate latent demand estimates are derived. CubeSat small satellite services is specifically defined as follows:

3251101 Aromatics (benzene, toluene, xylene, etc), not made in a refinery

32511011 Aromatics (benzene, toluene, xylene, etc.), made in petrochemical plants

3251101111 Aromatics (benzene, toluene, xylene, etc.), for use as a chemical raw material, made in petrochemical plants

3251101121 Aromatics (benzene, toluene, xylene, etc.), for other uses, made in petrochemical plants