Small Satellites are satellites of low mass and size, usually under 500 kg (1,100 lb). While all such satellites can be referred to as “small”, different classifications are used to categorize them based on mass. Satellites can be built small to reduce the large economic cost of launch vehicles and the costs associated with construction. Miniature satellites, especially in large numbers, may be more useful than fewer, larger ones for some purposes for example, gathering of scientific data and radio relay.Global Small Satellite industry shows a high concentration degree due to the high technical barriers. In terms of geography, North America is the largest production region with a 63.75% global market share in 2018, followed by Europe with 19.12%.
The Small Satellite market was valued at 566.1 Million US$ in 2018 and is projected to reach 1958.1 Million US$ by 2025, at a CAGR of 19.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Small Satellite.
Key Questions Addressed by the Report
- What is the growth perspective of the Small SatellitesMarket and the key dynamics and trends governing the market?
- What are key sustainability strategies adopted by the leading players in the Small SatellitesMarket?
- What are the new and emerging technologies and use cases disrupting the Small Satellitesindustry?
- What are the key applications where Small Satellitesplays a significant role?
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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This report presents the worldwide Small Satellite market size (value, production and consumption), splits the breakdown (data status 2014–2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The following manufacturers are covered in this report:
- Lockheed Martin
- Northrop Gruman
- Raytheon
- Dynetics
- Surrey Satellite Technology
- Axelspace
- Sierra Nevada
- Clyde Space
- Planet Labs
- Dauria Aerospace
- CASC
- Microsatellite
- Nanosatellite
Nanosatellite has over 70% market share of Small Satellite in 2018, and it will hold the larger share in the whole market in the next years.
Small Satellite Breakdown Data by Application
- National Security
- Science & Environment
- Commerce
- Others
The market share of Small Satellite of science and environment in 2018 is above 20%.
Commerce has about 25% market share of Small Satellite in 2018.
Small Satellite Production by Region
- United States
- Europe
- China
- Japan
- Other regions
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Central & South America
- Brazil
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
- To analyze and research the global Small Satellite status and future forecast?involving, production, revenue, consumption, historical and forecast.
- To present the key Small Satellite manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- History Year: 2014–2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year: 2019–2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. A thorough analysis of these elements has been accepted for defining the future growth prospects of the global Asset Leasing Software market.
The key points of the report:
1.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
2.The report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2014–2019 market shares for each company.
3.Through the statistical analysis, the report depicts the global and Chinese total market of Small Satellitesindustry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report then estimates 2019–2024 market development trends of Small Satellitesindustry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.
6.The report makes some important proposals for a new project of Small SatellitesIndustry before evaluating its feasibility.
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