Small Satellite Market Share, Size, Trends, Industry Analysis Report, By Satellite Type; By Application; By NGEO Orbit; By End-Use (Commercial, Government & Defense, Civil); By Region; Segment Forecast, 2024 - 2032

Small Satellite Market Share, Size, Trends, Industry Analysis Report, By Satellite Type; By Application; By NGEO Orbit; By End-Use (Commercial, Government & Defense, Civil); By Region; Segment Forecast, 2024 - 2032



The global small satellite market size is expected to reach USD 12943.78 Billion by 2032 according to a new study by Polaris Market Research. The report “Small Satellite Market Share, Size, Trends, Industry Analysis Report, By Satellite Type; By Application; By NGEO Orbit; By End-Use (Commercial, Government & Defense, Civil); By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for satellite services is expected to increase monotonically, as consumers continue to have growing expectations of high-speed internet connectivity in all places and at all times, on ships, airplanes, and remote places across the globe. Internet users with a need for low-latency broadband for applications such as online gaming augmented reality, streaming video, and banking are likely to be the early adopters of LEO services, which positively influence the market growth of small satellites.

There is a surging market demand for monitoring and tracking the changes in climate, an agricultural area, and economic activity. Changing climatic conditions and the increasing threat of cyclones, forest fires, etc., have resulted in an increased need for remote sensing for continuous weather monitoring to mitigate the loss of life and property. The market is primarily driven by the increasing number of earth observation projects by numerous space agencies.

North America holds the highest revenue share over the study period. Initiatives by NASA to promote the development and launch of nanoproducts for science and exploration applications are likely to boost the region’s growth. Growth in Asia-Pacific is expected to be driven by the entry of new start-ups focusing on small satellite development and increasing availability of launch in the region.

Market participants such as AAC Clyde Space, Chang Guang Satellite Technology Co., Ltd., Airbus S.A.S., EXOLAUNCH GmbH, G.A.U.S.S. SRL, GomSpace, GeoOptics, Inc., Kepler Communications Inc., Lockheed Martin Corporation, L3Harris Technologies, Inc., NANORACKS, Northrop Grumman, ORBCOMM, PUMPKIN, INC, Planet Labs Inc., Satellogic, Sierra Nevada Corporation, Spire Globall, SpaceX, Swarm Technologies, Inc., Surrey Satellite Technology Ltd., and Thales Group are some of the major players operating in the global market of small satellites.

Industry players emphasize building cube satellites with off-the-shelf components, which is much easier, quicker, and cheaper is likely to intensify competition among the players. For instance, in March 2021, Rocket Lab launched seven small satellites to EO for future missions, including one for Fleet Space, one for Myriota, two IoT nano, and three experimental satellites. Additionally, it launched a tech-demo Cubesat for the U.S. Army’s Space.

Polaris Market Research has segmented the small satellite market report on the basis of satellite type, application, NGEO orbit, end-use, and region:

Small Satellite, By Satellite type Outlook (Revenue - USD Million, 2016 - 2028)

- Mini

- Micro

- Nano

- Cubesat

- Others

Small Satellite, Application Outlook (Revenue - USD Million, 2016 - 2028)

- Communication

- Earth Observation and Remote Sensing

- Scientific Research & Exploration

- Mapping & Navigation

- Surveillance & Security

- Meteorology

- Space Observation

Small Satellite, NGEO Orbit Outlook (Revenue - USD Million, 2016 - 2028)

- Traditional LEO and MEO

- LEO high throughput

- MEO high throughput

Small Satellite, End-Use Outlook (Revenue - USD Million, 2016 - 2028)

- Commercial

- Government and Defense

- Civil

Small Satellite, Regional Outlook (Revenue - USD Million, 2016 - 2028)

- North America

U.S.

Canada

- Europe

France

Germany

UK

Italy

Netherlands

Spain

Austria

- Asia Pacific

China

India

Japan

Malaysia

South Korea

Indonesia

- Latin America

Mexico

Brazil

Argentina

- Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1. Report Description
1. Objectives of the Study
2. Market Scope
3. Assumptions
2. Stakeholders
2. Executive Summary
1. Market Highlights
3. Research Methodology
1. Overview
1. Data Mining
2. Data Products
1. Primary Sources
2. Secondary Sources
4. Small Satellite Market Insights
1. Small Satellite – Industry snapshot
2. Small Satellite Market Dynamics
1. Drivers and Opportunities
1. Growing demand for LEO-based services
2. Increasing in the number of space exploration missions
2. Restraints and Challenges
1. Government policies
3. Porter’s Five Forces Analysis
1. Bargaining Power of Suppliers (Moderate)
2. Threats of New Entrants: (Low)
3. Bargaining Power of Buyers (Moderate)
4. Threat of Substitute (Moderate)
5. Rivalry among existing firms (High)
4. PESTLE Analysis
5. Small Satellite Market Industry trends
6. COVID-19 Impact Analysis
5. Small Satellite Market Assessment by Satellite Type
1. Key Findings
2. Introduction
1. Global Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
3. Mini
1. Global Small Satellite Market, by Mini, by Region, 2016 - 2028 (USD Billion)
4. Micro
1. Global Small Satellite Market, by Micro, by Region, 2016 - 2028 (USD Billion)
5. Nano
1. Global Small Satellite Market, by Nano, by Region, 2016 - 2028 (USD Billion)
6. Cubesat
1. Global Small Satellite Market, by Cubesat, by Region, 2016 - 2028 (USD Billion)
7. Others
1. Global Small Satellite Market, by Others, by Region, 2016 - 2028 (USD Billion)
6. Small Satellite Market Assessment by NGEO Orbit
1. Key Findings
2. Introduction
1. Global Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
3. Traditional LEO and MEO
1. Global Small Satellite Market, by Traditional LEO and MEO, by Region, 2016 - 2028 (USD Billion)
4. LEO high throughput
1. Global Small Satellite Market, by LEO high throughput, by Region, 2016 - 2028 (USD Billion)
5. MEO high throughput
1. Global Small Satellite Market, by MEO high throughput, by Region, 2016 - 2028 (USD Billion)
7. Global Small Satellite Market, by Application
1. Key Findings
Introduction
1. Global Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
2. Communication
1. Global Small Satellite Market, by Communication, By Region, 2016 - 2028 (USD Billion)
3. Earth Observation and Remote Sensing
1. Global Small Satellite Market, by Earth Observation and Remote Sensing, By Region, 2016 - 2028 (USD Billion)
4. Scientific Research & Exploration
1. Global Small Satellite Market, by Scientific Research & Exploration, By Region, 2016 - 2028 (USD Billion)
5. Mapping & Navigation
1. Global Small Satellite Market, by Mapping & Navigation, By Region, 2016 - 2028 (USD Billion)
6. Surveillance & Security
1. Global Small Satellite Market, by Surveillance & Security, By Region, 2016 - 2028 (USD Billion)
7. Meteorology
1. Global Small Satellite Market, by Meteorology, By Region, 2016 - 2028 (USD Billion)
8. Space Observation
1. Global Small Satellite Market, by Space Observation, By Region, 2016 - 2028 (USD Billion)
8. Global Small Satellite Market, by End-Use
1. Key Findings
2. Introduction
1. Global Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Commercial
1. Global Small Satellite Market, By Commercial, By Region, 2016 - 2028 (USD Billion)
4. Government & Defense
1. Global Small Satellite Market, by Government & Defense, by Region, 2016 - 2028 (USD Billion)
5. Civil
1. Global Small Satellite Market, by Civil, by Region, 2016 - 2028 (USD Billion)
9. Small Satellite Market Assessment by Geography
1. Key findings
2. Introduction
1. Small Satellite Market Assessment, By Geography, 2016 - 2028 (USD Billion)
3. Small Satellite Market – North America
1. North America: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. North America: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. North America: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. North America: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
5. Small Satellite Market – U.S.
1. U.S.: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. U.S.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. U.S.: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. U.S.: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
6. Small Satellite Market – Canada
1. Canada: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Canada.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Canada: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Canada: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
4. Small Satellite Market – Europe
1. Europe: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Europe.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Europe: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Europe: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
5. Small Satellite Market – UK
1. UK: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. UK.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. UK: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. UK: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
6. Small Satellite Market – France
1. France: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. France.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. France: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. France: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
7. Small Satellite Market – Germany
1. Germany: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Germany.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Germany: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Germany: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
8. Small Satellite Market – Italy
1. Italy: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Italy.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Italy: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Italy: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
9. Small Satellite Market – Spain
1. Spain: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Spain.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Spain: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Spain: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
10. Small Satellite Market – Netherlands
1. Netherlands: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Netherlands.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Netherlands: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Netherlands: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
11. Small Satellite Market – Austria
1. Austria: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Austria.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Austria: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Austria: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
5. Small Satellite Market – Asia Pacific
1. Asia Pacific: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Asia Pacific.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Asia pacific: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Asia pacific: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
5. Small Satellite Market – China
1. China: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. China.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. China: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. China: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
6. Small Satellite Market – India
1. India: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. India.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. India: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. India: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
7. Small Satellite Market – Malaysia
1. Malaysia: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Malaysia.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Malaysia: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Malaysia: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
8. Small Satellite Market – Japan
1. Japan: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Japan.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Japan: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Japan: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
9. Small Satellite Market – Indonesia
1. Indonesia: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Indonesia.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Indonesia: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Indonesia: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
10. Small Satellite Market – South Korea
1. South Korea: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. South Korea.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. South Korea: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. South Korea: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
6. Small Satellite Market – Middle East & Africa
1. Middle East & Africa: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Middle East & Africa.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Middle East & Africa: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Middle East & Africa: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
5. Small Satellite Market – Saudi Arabia
1. Saudi Arabia: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Saudi Arabia.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Saudi Arabia: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Saudi Arabia: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
6. Small Satellite Market – UAE
1. UAE: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. UAE.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. UAE: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. UAE: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
7. Small Satellite Market – Israel
1. Israel: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Israel.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Israel: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Israel: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
8. Small Satellite Market – South Africa
1. South Africa: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. South Africa.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. South Africa: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. South Africa: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
7. Small Satellite Market – Latin America
1. Latin America: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Latin America.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Latin America: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Latin America: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
5. Small Satellite Market – Mexico
1. Mexico: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Mexico.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Mexico: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Mexico: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
6. Small Satellite Market – Brazil
1. Brazil: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Brazil.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Brazil: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Brazil: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
7. Small Satellite Market – Argentina
1. Argentina: Small Satellite Market, by Satellite Type, 2016 - 2028 (USD Billion)
2. Argentina.: Small Satellite Market, by End-Use, 2016 - 2028 (USD Billion)
3. Argentina: Small Satellite Market, by Application, 2016 - 2028 (USD Billion)
4. Argentina: Small Satellite Market, by NGEO Orbit, 2016 - 2028 (USD Billion)
10. Competitive Landscape
1. Expansion and Acquisition Analysis
1. Expansion
2. Acquisitions
2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
1. AAC Clyde Space
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
2. Airbus S.A.S.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
3. Chang Guang Satellite Technology Co., Ltd.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
4. EXOLAUNCH GmbH
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
5. G.A.U.S.S. SRL
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
6. GeoOptics Inc.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
7. GomSpace
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
8. Kepler Communications Inc.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
9. L3Harris Technologies, Inc.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
10. Lockheed Martin Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
11. NANORACKS
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
12. Northrop Grumman
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
13. ORBCOMM
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
14. Planet Labs Inc.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
15. PUMPKIN, INC.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
16. Satellogic
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
17. Sierra Nevada Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
18. SpaceX
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
19. Spire Globall Surrey Satellite Technology Ltd.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
20. Swarm Technologies Inc.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development
21. Thales Group
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Recent Development

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