Nano and Micro Satellite Market Research Report - Forecast till 2027

Nano and Micro Satellite Market Research Report: Information by Component (Hardware, Software & Data Processing, Service and Launch Service), Mass (1 kg-10 kg and 11 kg-100 kg),  Application (Earth Observation and Remote Sensing, Scientific Research, Communication, Academic Training, Mapping and Navigation, Biological Experiment, Technology Demonstration and Verification and Reconnaissance), End User (Defense, Commercial, Civil, Government, Maritime & Transportation and Energy & Infrastructure) and Region (North America...

ID: MRFR/A&D/0746-CR | July 2019 | Region: Global | 133 Pages         

1 Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Nano And Micro Satellite Market, By Component

1.1.2. Global Nano And Micro Satellite Market, By Mass

1.1.3. Global Nano And Micro Satellite Market, By End User

1.1.4. Global Nano And Micro Satellite Market, By Application

1.1.5. Global Nano And Micro Satellite Market, By Region

2 Market Introduction

2.1. Market Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3 Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

4 Market Insights

5 Market Dynamics

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

5.6. Market/Technological Trends

5.7. Patent Trends

5.8. Regulatory Landscape/Standards

6 Market Factor Analysis

6.1. Value Chain/Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat Of New Entrants

6.2.2. Bargaining Power Of Buyers

6.2.3. Threat Of Substitutes

6.2.4. Rivalry

6.2.5. Bargaining Power Of Supplies

7 Global Nano And Micro Satellite Market, By Component

7.1. Introduction

7.2. Hardware

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, By Region, 2020-2027

7.3. Software & Data Processing

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, By Region, 2020-2027

7.4. Service

7.4.1. Market Estimates & Forecast, 2020-2027

7.4.2. Market Estimates & Forecast, By Region, 2020-2027

7.5. Launch Service

7.5.1. Market Estimates & Forecast, 2020-2027

7.5.2. Market Estimates & Forecast, By Region, 2020-2027

8 Global Nano And Micro Satellite Market, By Mass

8.1. Introduction

8.2. 1 Kg-10 Kg

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, By Region, 2020-2027

8.3. 11 Kg-100 Kg

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast, By Region, 2020-2027

9 Global Nano And Micro Satellite Market, By End User

9.1. Introduction

9.2. Commercial

9.2.1. Market Estimates & Forecast, 2020-2027

9.2.2. Market Estimates & Forecast, By Region, 2020-2027

9.3. Defense

9.3.1. Market Estimates & Forecast, 2020-2027

9.3.2. Market Estimates & Forecast, By Region, 2020-2027

9.4. Civil

9.4.1. Market Estimates & Forecast, 2020-2027

9.4.2. Market Estimates & Forecast, By Region, 2020-2027

9.5. Government

9.5.1. Market Estimates & Forecast, 2020-2027

9.5.2. Market Estimates & Forecast, By Region, 2020-2027

9.6. Maritime & Transportation

9.6.1. Market Estimates & Forecast, 2020-2027

9.6.2. Market Estimates & Forecast, By Region, 2020-2027

9.7. Energy & Infrastructure

9.7.1. Market Estimates & Forecast, 2020-2027

9.7.2. Market Estimates & Forecast, By Region, 2020-2027

10 Global Nano And Micro Satellite Market, By Application

10.1. Introduction

10.2. Earth Observation And Remote Sensing

10.2.1. Market Estimates & Forecast, 2020-2027

10.2.2. Market Estimates & Forecast, By Region, 2020-2027

10.3. Scientific Research

10.3.1. Market Estimates & Forecast, 2020-2027

10.3.2. Market Estimates & Forecast, By Region, 2020-2027

10.4. Communication

10.4.1. Market Estimates & Forecast, 2020-2027

10.4.2. Market Estimates & Forecast, By Region, 2020-2027

10.5. Academic Training

10.5.1. Market Estimates & Forecast, 2020-2027

10.5.2. Market Estimates & Forecast, By Region, 2020-2027

10.6. Mapping And Navigation

10.6.1. Market Estimates & Forecast, 2020-2027

10.6.2. Market Estimates & Forecast, By Region, 2020-2027

10.7. Biological Experiment

10.7.1. Market Estimates & Forecast, 2020-2027

10.7.2. Market Estimates & Forecast, By Region, 2020-2027

10.8. Technology Demonstration And Verification

10.8.1. Market Estimates & Forecast, 2020-2027

10.8.2. Market Estimates & Forecast, By Region, 2020-2027

10.9. Reconnaissance

10.9.1. Market Estimates & Forecast, 2020-2027

10.9.2. Market Estimates & Forecast, By Region, 2020-2027

11 Global Nano And Micro Satellite Market, By Region

11.1. Introduction

11.2. North America

11.2.1. Market Estimates & Forecast, By Country, 2020-2027

11.2.2. Market Estimates & Forecast, By Component, 2020-2027

11.2.3. Market Estimates & Forecast, By Mass, 2020-2027

11.2.4. Market Estimates & Forecast, By Application, 2020-2027

11.2.5. Market Estimates & Forecast, By End User, 2020-2027

11.2.6. US

11.2.6.1. Market Estimates & Forecast, By Component, 2020-2027

11.2.6.2. Market Estimates & Forecast, By Mass, 2020-2027

11.2.6.3. Market Estimates & Forecast, By Application, 2020-2027

11.2.6.4. Market Estimates & Forecast, By End User, 2020-2027

11.2.7. Canada

11.2.7.1. Market Estimates & Forecast, By Component, 2020-2027

11.2.7.2. Market Estimates & Forecast, By Mass, 2020-2027

11.2.7.3. Market Estimates & Forecast, By Application, 2020-2027

11.2.7.4. Market Estimates & Forecast, By End User, 2020-2027

11.3. Europe

11.3.1. Market Estimates & Forecast, By Country, 2020-2027

11.3.2. Market Estimates & Forecast, By Component, 2020-2027

11.3.3. Market Estimates & Forecast, By Mass, 2020-2027

11.3.4. Market Estimates & Forecast, By Application, 2020-2027

11.3.5. Market Estimates & Forecast, By End User, 2020-2027

11.3.6. UK

11.3.6.1. Market Estimates & Forecast, By Component, 2020-2027

11.3.6.2. Market Estimates & Forecast, By Mass, 2020-2027

11.3.6.3. Market Estimates & Forecast, By Application, 2020-2027

11.3.6.4. Market Estimates & Forecast, By End User, 2020-2027

11.3.7. Germany

11.3.7.1. Market Estimates & Forecast, By Component, 2020-2027

11.3.7.2. Market Estimates & Forecast, By Mass, 2020-2027

11.3.7.3. Market Estimates & Forecast, By Application, 2020-2027

11.3.7.4. Market Estimates & Forecast, By End User, 2020-2027

11.3.8. France

11.3.8.1. Market Estimates & Forecast, By Component, 2020-2027

11.3.8.2. Market Estimates & Forecast, By Mass, 2020-2027

11.3.8.3. Market Estimates & Forecast, By Application, 2020-2027

11.3.8.4. Market Estimates & Forecast, By End User, 2020-2027

11.3.9. Italy

11.3.9.1. Market Estimates & Forecast, By Component, 2020-2027

11.3.9.2. Market Estimates & Forecast, By Mass, 2020-2027

11.3.9.3. Market Estimates & Forecast, By Application, 2020-2027

11.3.9.4. Market Estimates & Forecast, By End User, 2020-2027

11.3.10. Rest Of Europe

11.3.10.1. Market Estimates & Forecast, By Component, 2020-2027

11.3.10.2. Market Estimates & Forecast, By Mass, 2020-2027

11.3.10.3. Market Estimates & Forecast, By Application, 2020-2027

11.3.10.4. Market Estimates & Forecast, By End User, 2020-2027

11.4. Asia-Pacific

11.4.1. Market Estimates & Forecast, By Country, 2020-2027

11.4.2. Market Estimates & Forecast, By Component, 2020-2027

11.4.3. Market Estimates & Forecast, By Mass, 2020-2027

11.4.4. Market Estimates & Forecast, By Application, 2020-2027

11.4.5. Market Estimates & Forecast, By End User, 2020-2027

11.4.6. China

11.4.6.1. Market Estimates & Forecast, By Component, 2020-2027

11.4.6.2. Market Estimates & Forecast, By Mass, 2020-2027

11.4.6.3. Market Estimates & Forecast, By Application, 2020-2027

11.4.6.4. Market Estimates & Forecast, By End User, 2020-2027

11.4.7. Japan

11.4.7.1. Market Estimates & Forecast, By Component, 2020-2027

11.4.7.2. Market Estimates & Forecast, By Mass, 2020-2027

11.4.7.3. Market Estimates & Forecast, By Application, 2020-2027

11.4.7.4. Market Estimates & Forecast, By End User, 2020-2027

11.4.8. India

11.4.8.1. Market Estimates & Forecast, By Component, 2020-2027

11.4.8.2. Market Estimates & Forecast, By Mass, 2020-2027

11.4.8.3. Market Estimates & Forecast, By Application, 2020-2027

11.4.8.4. Market Estimates & Forecast, By End User, 2020-2027

11.4.9. Rest Of Asia-Pacific

11.4.9.1. Market Estimates & Forecast, By Component, 2020-2027

11.4.9.2. Market Estimates & Forecast, By Mass, 2020-2027

11.4.9.3. Market Estimates & Forecast, By Application, 2020-2027

11.4.9.4. Market Estimates & Forecast, By End User, 2020-2027

11.5. Middle East & Africa

11.5.1. Market Estimates & Forecast, By Country, 2020-2027

11.5.2. Market Estimates & Forecast, By Component, 2020-2027

11.5.3. Market Estimates & Forecast, By Mass, 2020-2027

11.5.4. Market Estimates & Forecast, By Application, 2020-2027

11.5.5. Market Estimates & Forecast, By End User, 2020-2027

11.5.6. UAE

11.5.6.1. Market Estimates & Forecast, By Component, 2020-2027

11.5.6.2. Market Estimates & Forecast, By Mass, 2020-2027

11.5.6.3. Market Estimates & Forecast, By Application, 2020-2027

11.5.6.4. Market Estimates & Forecast, By End User, 2020-2027

11.5.7. Saudi Arabia

11.5.7.1. Market Estimates & Forecast, By Component, 2020-2027

11.5.7.2. Market Estimates & Forecast, By Mass, 2020-2027

11.5.7.3. Market Estimates & Forecast, By Application, 2020-2027

11.5.7.4. Market Estimates & Forecast, By End User, 2020-2027

11.5.8. Rest Of The Middle East & Africa

11.5.8.1. Market Estimates & Forecast, By Component, 2020-2027

11.5.8.2. Market Estimates & Forecast, By Mass, 2020-2027

11.5.8.3. Market Estimates & Forecast, By Application, 2020-2027

11.5.8.4. Market Estimates & Forecast, By End User, 2020-2027

11.6. Latin America

11.6.1. Market Estimates & Forecast, By Country, 2020-2027

11.6.2. Market Estimates & Forecast, By Component, 2020-2027

11.6.3. Market Estimates & Forecast, By Mass, 2020-2027

11.6.4. Market Estimates & Forecast, By Application, 2020-2027

11.6.5. Market Estimates & Forecast, By End User, 2020-2027

11.6.6. Brazil

11.6.6.1. Market Estimates & Forecast, By Component, 2020-2027

11.6.6.2. Market Estimates & Forecast, By Mass, 2020-2027

11.6.6.3. Market Estimates & Forecast, By Application, 2020-2027

11.6.6.4. Market Estimates & Forecast, By End User, 2020-2027

11.6.7. Rest Of Latin America

11.6.7.1. Market Estimates & Forecast, By Component, 2020-2027

11.6.7.2. Market Estimates & Forecast, By Mass, 2020-2027

11.6.7.3. Market Estimates & Forecast, By Application, 2020-2027

11.6.7.4. Market Estimates & Forecast, By End User, 2020-2027

12 Competitive Landscape

12.1. Competitive Overview

12.2. Competitor Dashboard

12.3. Major Growth Strategies In The Global Nano And Micro Satellite Market

12.4. Competitive Benchmarking

12.5. Market Share Analysis

12.6. Airbus SAS.: The Leading Player In Terms Of Number Of Developments In The Global Nano And Micro Satellite Market

12.7. Key Developments & Growth Strategies

12.7.1. Product Launches/Service Deployments

12.7.2. Mergers & Acquisitions

12.7.3. Joint Ventures

13 Company Profiles

13.1. Airbus SAS

13.1.1. Company Overview

13.1.2. Products/Services Offered

13.1.3. Financial Overview

13.1.4. Key Developments

13.1.5. SWOT Analysis

13.1.6. Key Strategies

13.2. Boeing

13.2.1. Company Overview

13.2.2. Products/Services Offered

13.2.3. Financial Overview

13.2.4. Key Developments

13.2.5. SWOT Analysis

13.2.6. Key Strategies

13.3. Clyde Space Ltd

13.3.1. Company Overview

13.3.2. Products/Services Offered

13.3.3. Financial Overview

13.3.4. Key Developments

13.3.5. SWOT Analysis

13.3.6. Key Strategies

13.4. GeoOptics

13.4.1. Company Overview

13.4.2. Products/Services Offered

13.4.3. Financial Overview

13.4.4. Key Developments

13.4.5. SWOT Analysis

13.4.6. Key Strategies

13.5. GomSpace

13.5.1. Company Overview

13.5.2. Products/Services Offered

13.5.3. Financial Overview

13.5.4. Key Developments

13.5.5. SWOT Analysis

13.5.6. Key Strategies

13.6. Innovative Solutions In Space BV

13.6.1. Company Overview

13.6.2. Products/Services Offered

13.6.3. Financial Overview

13.6.4. Key Developments

13.6.5. SWOT Analysis

13.6.6. Key Strategies

13.7. Lockheed Martin Corporation

13.7.1. Company Overview

13.7.2. Products/Services Offered

13.7.3. Financial Overview

13.7.4. Key Developments

13.7.5. SWOT Analysis

13.7.6. Key Strategies

13.8. Planet Labs, Inc.

13.8.1. Company Overview

13.8.2. Products/Services Offered

13.8.3. Financial Overview

13.8.4. Key Developments

13.8.5. SWOT Analysis

13.8.6. Key Strategies

13.9. Raytheon Company

13.9.1. Company Overview

13.9.2. Products/Services Offered

13.9.3. Financial Overview

13.9.4. Key Developments

13.9.5. SWOT Analysis

13.9.6. Key Strategies

13.10. RUAG Group

13.10.1. Company Overview

13.10.2. Products/Services Offered

13.10.3. Financial Overview

13.10.4. Key Developments

13.10.5. SWOT Analysis

13.10.6. Key Strategies

13.11. Sierra Nevada Corporation

13.11.1. Company Overview

13.11.2. Products/Services Offered

13.11.3. Financial Overview

13.11.4. Key Developments

13.11.5. SWOT Analysis

13.11.6. Key Strategies

13.12. SpaceQuest Ltd

13.12.1. Company Overview

13.12.2. Products/Services Offered

13.12.3. Financial Overview

13.12.4. Key Developments

13.12.5. SWOT Analysis

13.12.6. Key Strategies

13.13. The Aerospace Corporation

13.13.1. Company Overview

13.13.2. Products/Services Offered

13.13.3. Financial Overview

13.13.4. Key Developments

13.13.5. SWOT Analysis

13.13.6. Key Strategies

13.14. Tyvak Nano-Satellite Systems, Inc.

13.14.1. Company Overview

13.14.2. Products/Services Offered

13.14.3. Financial Overview

13.14.4. Key Developments

13.14.5. SWOT Analysis

13.14.6. Key Strategies

13.15. Vector Launch, Inc.

13.15.1. Company Overview

13.15.2. Products/Services Offered

13.15.3. Financial Overview

13.15.4. Key Developments

13.15.5. SWOT Analysis

13.15.6. Key Strategies

14 Appendix

14.1. References

14.2. Related Reports

14.3. List Of Abbreviations

15 Industry Insights

16 List Of Tables:

Table 1 Global Nano And Micro Satellite Market, By Region, 2020-2027

Table 2 North America: Nano And Micro Satellite Market, By Country, 2020-2027

Table 3 Europe: Nano And Micro Satellite Market, By Country, 2020-2027

Table 4 Asia-Pacific: Nano And Micro Satellite Market, By Country, 2020-2027

Table 5 Middle East & Africa: Nano And Micro Satellite Market, By Country, 2020-2027

Table 6 Latin America: Nano And Micro Satellite Market, By Country, 2020-2027

Table 7 Global Nano And Micro Satellite Market Size, By Region, 2020-2027

Table 8 North America: Nano And Micro Satellite Market Size, By Country, 2020-2027

Table 9 Europe: Nano And Micro Satellite Market Size, By Country, 2020-2027

Table 10 Asia-Pacific: Nano And Micro Satellite Market Size, By Country, 2020-2027

Table 11 Middle East & Africa: Nano And Micro Satellite Market Size, By Country, 2020-2027

Table 12 Latin America: Nano And Micro Satellite Market Size, By Country, 2020-2027

Table 13 Global Nano And Micro Satellite Component Market, By Region, 2020-2027

Table 14 North America: Nano And Micro Satellite Component Market, By Country, 2020-2027

Table 15 Europe: Nano And Micro Satellite Component Market, By Country, 2020-2027

Table 16 Asia-Pacific: Nano And Micro Satellite Component Market, By Country, 2020-2027

Table 17 Middle East & Africa: Nano And Micro Satellite Component Market, By Country, 2020-2027

Table 18 Latin America: Nano And Micro Satellite Component Market, By Country, 2020-2027

Table 19 Global Nano And Micro Satellite Mass Market, By Region, 2020-2027

Table 20 North America: Nano And Micro Satellite Mass Market, By Country, 2020-2027

Table 21 Europe: Nano And Micro Satellite Mass Market, By Country, 2020-2027

Table 22 Asia-Pacific: Nano And Micro Satellite Mass Market, By Country, 2020-2027

Table 23 Middle East & Africa: Nano And Micro Satellite Mass Market, By Country, 2020-2027

Table 24 Latin America: Nano And Micro Satellite Mass Market, By Country, 2020-2027

Table 25 Global Nano And Micro Satellite Application Market, By Region, 2020-2027

Table 26 North America: Nano And Micro Satellite Application Market, By Country, 2020-2027

Table 27 Europe: Nano And Micro Satellite Application Market, By Country, 2020-2027

Table 28 Asia-Pacific: Nano And Micro Satellite Application Market, By Country, 2020-2027

Table 29 Middle East & Africa: Nano And Micro Satellite Application Market, By Country, 2020-2027

Table 30 Latin America: Nano And Micro Satellite Application Market, By Country, 2020-2027

Table 31 Global Nano And Micro Satellite End User Market, By Region, 2020-2027

Table 32 North America: Nano And Micro Satellite End User Market, By Country, 2020-2027

Table 33 Europe: Nano And Micro Satellite End User Market, By Country, 2020-2027

Table 34 Asia-Pacific: Nano And Micro Satellite End User Market, By Country, 2020-2027

Table 35 Middle East & Africa: Nano And Micro Satellite End User Market, By Country, 2020-2027

Table 36 Latin America: Nano And Micro Satellite End User Market, By Country, 2020-2027

Table 37 Global Nano And Micro Satellite Market, By Region, 2020-2027

Table 38 Global Nano And Micro Satellite Market, By Component, 2020-2027

Table 39 Global Nano And Micro Satellite Market, By Mass, 2020-2027

Table 40 Global Nano And Micro Satellite Market, By Application, 2020-2027

Table 41 Global Nano And Micro Satellite Market, By End User, 2020-2027

Table 42 North America: Nano And Micro Satellite Market, By Country, 2020-2027

Table 43 North America: Nano And Micro Satellite Market, By Component, 2020-2027

Table 44 North America: Nano And Micro Satellite Market, By Mass, 2020-2027

Table 45 North America: Nano And Micro Satellite Market, By Application, 2020-2027

Table 46 North America: Nano And Micro Satellite Market, By End User, 2020-2027

Table 47 Europe: Nano And Micro Satellite Market, By Country, 2020-2027

Table 48 Europe: Nano And Micro Satellite Market, By Component, 2020-2027

Table 49 Europe: Nano And Micro Satellite Market, By Mass, 2020-2027

Table 50 Europe: Nano And Micro Satellite Market, By Application, 2020-2027

Table 51 Europe: Nano And Micro Satellite Market, By End User, 2020-2027

Table 52 Asia-Pacific: Nano And Micro Satellite Market, By Country, 2020-2027

Table 53 Asia-Pacific: Nano And Micro Satellite Market, By Component, 2020-2027

Table 54 Asia-Pacific: Nano And Micro Satellite Market, By Mass, 2020-2027

Table 55 Asia-Pacific: Nano And Micro Satellite Market, By Application, 2020-2027

Table 56 Asia-Pacific: Nano And Micro Satellite Market, By End User, 2020-2027

Table 57 Middle East & Africa: Nano And Micro Satellite Market, By Country, 2020-2027

Table 58 Middle East & Africa: Nano And Micro Satellite Market, By Component, 2020-2027

Table 59 Middle East & Africa: Nano And Micro Satellite Market, By Mass, 2020-2027

Table 60 Middle East & Africa: Nano And Micro Satellite Market, By Application, 2020-2027

Table 61 Middle East & Africa: Nano And Micro Satellite Market, By End User, 2020-2027

Table 62 Latin America: Nano And Micro Satellite Market, By Country, 2020-2027

Table 63 Latin America: Nano And Micro Satellite Market, By Component, 2020-2027

Table 64 Latin America: Nano And Micro Satellite Market, By Mass, 2020-2027

Table 65 Latin America: Nano And Micro Satellite Market, By Application, 2020-2027

Table 66 Latin America: Nano And Micro Satellite Market, By End User, 2020-2027

17 List Of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down & Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Nano And Micro Satellite Market Share, By Component, 2020 (%)

FIGURE 9 Global Nano And Micro Satellite Market, By Component, 2020-2027 (USD Million)

FIGURE 10 Global Nano And Micro Satellite Market Share, By Mass, 2020 (%)

FIGURE 11 Global Nano And Micro Satellite Market, By Mass, 2020-2027 (USD Million)

FIGURE 12 Global Nano And Micro Satellite Market Share, By Application, 2020 (%)

FIGURE 13 Global Nano And Micro Satellite Market, By Application, 2020-2027 (USD Million)

FIGURE 14 Global Nano And Micro Satellite Market Share, By End User, 2020 (%)

FIGURE 15 Global Nano And Micro Satellite Market, By End User, 2020-2027 (USD Million)

FIGURE 16 Global Nano And Micro Satellite Market Share (%), By Region, 2020

FIGURE 17 Global Nano And Micro Satellite Market, By Region, 2020-2027 (USD Million)

FIGURE 18 North America: Nano And Micro Satellite Market Share (%), 2020

FIGURE 19 North America: Nano And Micro Satellite Market, By Country, 2020-2027 (USD Million)

FIGURE 20 Europe: Nano And Micro Satellite Market Share (%), 2020

FIGURE 21 Europe: Nano And Micro Satellite Market, By Country, 2020-2027 (USD Million)

FIGURE 22 Asia-Pacific: Nano And Micro Satellite Market Share (%), 2020

FIGURE 23 Asia-Pacific: Nano And Micro Satellite Market, By Country, 2020-2027 (USD Million)

FIGURE 24 Middle East & Africa: Nano And Micro Satellite Market Share (%), 2020

FIGURE 25 Middle East & Africa: Nano And Micro Satellite Market, By Country, 2020-2027 (USD Million)

FIGURE 26 Latin America: Nano And Micro Satellite Market Share (%), 2020

FIGURE 27 Latin America: Nano And Micro Satellite Market, By Country, 2020-2027 (USD Million)

Nano and Micro Satellite Market

The market is expected to attain a final sum of USD 5.7 billion by 2028. The market is likely to grow at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period.

$5.7 Billion

Market Size


20.4%

CAGR


Europe

Dominating Region

2021-2028

Forecast Period

Segmentation

By Component Hardware Software & Data Processing Service Launch Service
By Mass 1 Kg 10 Kg 11 Kg 100 Kg
By Application Earth Observation And Remote Sensing Scientific Research Communication Academic Training Mapping And Navigation Biological Experiment Technology Demonstration And Verification Reconnaissance
By End User Defense Commercial Civil Government Maritime & Transportation And Energy & Infrastructure

Key Players

  • L3Harris(US)
  • Axelspace(Japan)
  • Sierra Nevada Corporation(US)
  • AAC Clyde Space(Scotland)
  • GAUSS(Italy)
  • Excolaunch(Germany)
  • Spire Global(US)
  • SpaceQuest(US)
  • Alen Space(Spain)
  • Dauria Aerospace(Russia)
  • Swarm(US)
  • RUAG Space(Switzerland)
  • Millennium Space Systems(US)
  • Raytheon(US)
  • Astrocast(Switzerland)
  • EnduroSat(Bulgaria)

Drivers

  • Utilization of miniaturized satellites for military and defense application
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Nano and Micro Satellite Market Overview


The nano and micro satellite market value is all set to rise and expand during the current forecast period of 2021-2028. The global market was valued at a final figure worth USD 2.3 billion before the beginning of the current forecast period of 2021. During the current period, the market is expected to attain a final sum of USD 5.7 billion by 2028. The market is likely to grow at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period.


The space industry is propelling and moving towards a future with the availability of large constellations of nanosatellites and microsatellites. These are capable of providing all types of services in both small and large geographical areas or across the globe. These satellites have applications in departments like biological experiments, communication, agriculture, followed by navigation and mapping, education, scientific research, exploration, and others like earth observation.


 


COVID 19 Analysis


The outbreak of the COVID-19 pandemic has been brutal for the market functioning and has, thus, taught all kinds of markets and organizations a lot about being prepared for such uncertain and unprecedented times. The lockdown has created ruckus and a distress in the global market premises. The global governments and the large-scale businesses are involved with the launches and working in space are reacting differently to the new yet common situation. Some satellite launches are extending and moving forward, while some are not. There is a lot of uncertainty. Some of the tests and checks are likely to continue, and some are delayed. Some of the prominent companies are still operating, and others have shuttered and given up owing to the hopelessness of the situation.


However, the rising government support and investment are impacting the global Nano and Micro Satellite Market functions and its growing size positively. Most of the global governments of various domestic and international locations are coming forward and lending their support to the established firms by increasing their investment for research and development in the market operations undertaken by prominent Nano and Micro Satellite Market players.


Segmentation of the Global Nano and Micro Satellite Market

 Nano and Micro Satellite Market


Market Dynamics


Drivers


The nano and micro satellite market trends predict that billions of dollars are being invested and funding is being arranged in a new generation of satellites that orbit the Earth planet at a low altitude. These LEO satellites are known to better connect remote and inaccessible regions. The rising demand for LEO-based services, followed by the availability of funding, and high-speed broadband, alongside the growth of governments in industrialized countries is proving to be very helpful. The demand for low-cost broadband among individual consumers is, however, less in the developed countries and is thus, driving the market of nanosatellites and microsatellites. These market drivers are further, inspiring investments in smallsat-based LEO constellations.


Restraints


One of the major restraints for the market on the way of its growth during the ongoing forecast period that will be ending in 2028 is that the current options for small satellite launches are limited. Also, the small satellites are most often rideshare either in the form of secondary payloads on rockets for launching the large satellites or for carrying cargo to the locations like the International Space Station (ISS). These options impose various kinds of restrictions in terms of the Nano and Micro Satellite Market integration and launch schedules, followed by orbit destinations, and loss of flexibility for the subsystems in small satellites. The nano satellite magnetic control needs to care for these things while aiming for growth.


 


Technology Analysis


There has been substantial growth in the demand for satellite imagery that is expected to come majorly from non-governmental actors. This is because they could use both the images and the image-based analytics for industries and processes like agriculture, economic forecasting, urban planning, and others like resource management, disaster monitoring, retail, maritime, and other applications. According to a report that has been circulated by the Science and Technology Policy Institute in 2019, it was expected that the small satellite services market will rise and hence, attain a global CAGR of 49%, which could lead the market towards a splendid growth from USD 15 million in 2015 to USD 8.8 billion by 2030. SpaceWorks 2020 report includes statistics that estimate the growth in the Nano and Micro Satellite Market share of commercial operators owing to the wide use of satellites to increase from 55% in the pandemic year of 2020 to 70% by 2024.


 


Market Segmentation


The nano and micro satellite market analysis shows that the global has been divided all across the globe based on the application, end-user, type, and regions.


Based on Component:


The component segment of the Nano and Micro Satellite Market includes Hardware, Software and Data Processing, Space Services, and others like Launch Services.


Based on the Type:


The nano and micro satellite market has been segmented based on the type and includes Nanosatellite and Microsatellite.


Based on Vertical:


The market includes verticals like Government, Civil, Commercial, and others like Defense, Energy and Infrastructure, and Maritime and Transportation.


Based on Application:


The application segment of the Nano and Micro Satellite Market includes Communication, Earth Observation, and Remote Sensing, Scientific Research, and other like Biological experiments, Technology Demonstration and Verification, Academic Training, Mapping and Navigation, and Reconnaissance.


Based on the Orbit:


The orbit segment includes Non-Polar Inclined, Sun-Synchronous Orbit, and Polar Orbit.


Based on the Region


The global Nano and Micro Satellite Market has been divided during the forecast period based on the region into the North American region, European countries, the Asian-Pacific region, Latin American region, and the Middle East and African region.


Regional Analysis


The nano and micro satellite market by technology discusses the emergence of the market in various global locations to meet the rising needs of the target audience that is spread in these locations during the forecast period that will be ending in 2028. The Europe Nano and Micro satellite Market is estimated to have a stronghold followed by the global market growth in the future, as a part of the forecast period. Europe is one of the fastest-developing regions in the world owing to the provisions of the small satellite services market. With the constant rise in technologies and availability of proper investment and funding, there is a steady growth in the number of launched services, followed by the software and data processing available in the region which is driving the region towards domination by the end of the period in 2028.


Competitive Landscape


The prominent major key players in the nano and microsatellite market that are increasing competition across the globe are mentioned below:



  • L3Harris(US)

  • Axelspace(Japan)

  • Sierra Nevada Corporation(US)

  • AAC Clyde Space(Scotland)

  • GAUSS(Italy)

  • Excolaunch(Germany)

  • Spire Global(US)

  • SpaceQuest(US)

  • Alen Space(Spain)

  • Dauria Aerospace(Russia)

  • Swarm(US)

  • RUAG Space(Switzerland)

  • Millennium Space Systems(US)

  • Raytheon(US)

  • Astrocast(Switzerland)

  • EnduroSat(Bulgaria)


These major key players, as a part of the Nano and Micro Satellite Market, use various strategies to sustain their market position in the nano and microsatellite market during the forecast period.


Recent Developments



  • In July 2021, one of the prominent companies Surrey Satellite Technology Limited took to the international scale and launched its first geostationary satellite platform - Eutelsat Quantum.

  • In June 2021, another prominent company Lockheed Martin launched GPS III Space vehicle 05 that is inclusive of the latest next-generation GPS III satellite.

  • In May 2021, other market companies L3Harris and Air Tractor partnered for the creation of an affordable, and production-ready ISR strike system that is likely to combine Air Tractor’s rugged platform along with L3Harris’ mature mission solutions.

  • In May 2021, a prominent market leader - Gomspace and SIGCOM collaborated for the progress of the FNR-funded MegaLEO project. MegaLEO is likely to advance the state-of-the-art of large satellite constellations. These are known to operate semi-autonomously by both deciding and executing satellite and network operation configurations in outer space.

  • Lockheed Martin and Thales Australia are known to have finalized an agreement in April 2020, advancing the delivery of Australian guided weapons followed by their manufacturing capability in support of a sovereign national guided weapons enterprise.


Report Overview


This global nano and microsatellite market research report discusses the growth and potential of the market on the following market aspects:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Technical Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This market research report discusses the small satellite market forecast and the factors that will drive the growth of the nano and microsatellite market followed by the possible restrictions which the market is likely to face. The technical analysis during the forecasted period is discussed by the experts. The market discusses the impact of the outbreak of the COVID 19 pandemic on the nano and microsatellite market. The future growth rate and potential amount of revenue in the nano and microsatellite market during the forecast period ending in 2028 is estimated and mentioned.

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Frequently Asked Questions (FAQ) :

The nano and microsatellite market is anticipated to grow at a higher CAGR of 20.4% all across the globe during the ongoing forecast period.

The largest market share in the nano and microsatellite market is likely to be held by the European region.

The most prominent key players that are functional in the global market premises are:Planet Labs(US), Surrey Satellite Technology(England), Northrop Grumman (US), Pumpkin(US), OHB SE(Germany), NanoAvionics (US), TYVAK (US)