Small Satellite Market

Small Satellite Market

Small Satellite Market- By Type (Minisatellite, Microsatellite, Nanosatellite, Picosatellite, Femtosatellite), By End User (Defense & Security, Commercial, Government, Others), By Application (Space Exploration, Earth Observation, Communication & Navigation, Others) & Global Region - Market Size, Trends, Opportunity, Forecast 2018-2024

SKU FMR-0059
Industry Aerospace and Defense
Published Aug, 2019
Small Satellite Market, Aerospace and Defense
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Small Satellite Market

  • Report Description
  • Table Of Content
  • List of Tables
  • List of Figures

Small satellites are generally lighter than 180 kilograms. Small satellites are available into large variety of size and mass that can be differentiated as minisatellite, microsatellites, nanosatellites, pico satellites and femtosatellites. The global small satellite market reached at a market valuation of USD XX.X Million in 2018 and is estimated to grow at a CAGR of XX.X% during the forecast period, i.e., 2019-2024.

Market Insights

Growth Drivers – Small Satellite Market

Growing Number of Space Missions

A lot of space exploration missions are going on across the globe. Government and space agencies are spending tons of money on advance scientific and space missions. However, cost reduction associated with space mission has been a major concern among agencies and these have been trying to minimize the cost of space mission. The rapid miniaturization of big satellite components, standardization of many satellite parts, and other factors have trimmed costs substantially. Small spacecraft and satellites are helping space agencies in advance scientific and human exploration, reduce the cost of new space missions, and expand access to space. This growing number of space missions are accepted to increase the demand for small satellites in the coming years. 

Growing Private Space Companies

The global private space industry is on rise and private companies are becoming increasingly important players in space exploration. Private space industry is making meaningful contributions in developing safe and reliable spacecraft or conducting research to expand knowledge of space. The private space companies are continuously looking for trimming space mission costs, which further is leading them to use small satellites instead of commercial satellites. With rapid commercialization of space industry, it is expected that, the small satellite industry will witness significant growth opportunity in coming years.

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Advanced Features of Small Satellite

Barriers – Small satellite Market

Due to increasing number of space missions and the implementation of stringent rules and regulations related to the rising number of satellites to be launched is expected to hamper the growth of the small satellites market in coming years.

Segmentation Analysis

The small satellite market is segmented in different categories including by type, by application, and by end user. The market is segmented by type into minisatellite, microsatellite, nanosatellite, picosatellite and femtosatellite. Among this segment, nanosatellite segment is expected to capture significant shares of the market in 2018. Global nanosatellite segment was totaled at USD XXX.X billion in 2018 and is projected to reach USD XXX.X billion in 2024 at a CAGR of XX.X% from 2019 to 2024. Moreover, based on the end user, the small satellite market is further sub-segmented into defense & security, commercial, government and others. Among which individual end user segment is about to register a remarkable growth rate in upcoming years. The report is further breakdown into one more section: by application (space exploration, earth observation, communication & navigation and others).

Geographical Analysis

Regionally, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. When it comes to small satellite market, North America is the leader in small satellite market. The North America region has acquired significant market shares and is poised to continue its dominance in the coming years.

Competitive Analysis

The report also covers detailed competitive analysis of major market players such as Space Systems Loral, Airbus Defense and Space, Lockheed Martin Corporation, Orbital ATK, Boeing, Thales Alenia Space, Mitsubishi Electric, Harris Corporation, Spire Global Inc., Planet Labs Inc. and other notable players of the global small satellite market. Competitive landscape analysis provides detailed strategic analysis of the company’s business, and performance such as financial information, revenue breakup by business segment, and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing, and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development, and other market activities).

Segmentation

By Type

- Minisatellite

- Microsatellite

- Nanosatellite

- Picosatellite

- Femtosatellite

By Application

- Space Exploration

- Earth Observation

- Communication & Navigation

- Others

By End User

- Defense & Security

- Commercial

- Government

- Others

By Geography

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zeal, and, and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa)

Timeline Considered for Analysis:

- 2018: Base Year

- 2019: Estimated Year

- 2019 to 2024: Forecast Period

Research Scope, and Deliverables

Overview & Executive Summary

Market Drivers, Trends, Challenges, and Opportunities

Market Size, and Forecast Projections

Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

Extensive Coverage of Industry Players including Recent Product Launches, and Market Activities

Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global small satellite market by the following segments:

- Type

- End User

- Application

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Small Satellite Industry Report

  • What is the overall market size in 2018? What will be the market growth during the forecast period i.e. 2019-2024?
  • Which region would have high demand for product in the upcoming years?
  • What are the factors driving the growth of the market?
  • Which sub-market will make the most significant contribution to the market?
  • What are the market opportunities for existing, and entry-level players?
  • What are various long-term, and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Small Satellites Market
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Europe
2.5. Middle East & Africa

3. Global Small Satellites Market Trends
4. Opportunities in Global Small Satellites Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Macro-Economic Trends
8. PEST Analysis
9. Market Value Chain and Supply Chain Analysis

10. Global Small Satellites Market Value (USD Million), 2018-2024
11. Global Small Satellites Market Segmentation Analysis, By Type
11.1. Introduction
11.2. Market Attractiveness, By Type
11.3. BPS Analysis, By Type
11.4. Minisatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.5. Microsatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.6. Nanosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.7. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024Femtosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12. Global Small Satellites Market Segmentation Analysis, By End User

12.1. Introduction
12.2. Market Attractiveness, By End User
12.3. BPS Analysis, By End User
12.4. Defense & Security Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.6. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13. Global Small Satellites Market Segmentation Analysis, By Application
13.1. Introduction
13.2. Market Attractiveness, By Application
13.3. BPS Analysis, By Application
13.4. Space Exploration Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.5. Earth Observation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.6. Communication & Navigation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14. Geographical Analysis
14.1. Introduction

14.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1. By Type
14.2.1.1. Introduction
14.2.1.2. Market Attractiveness, By Type
14.2.1.3. BPS Analysis, By Type
14.2.1.4. Minisatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.5. Microsatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.6. Nanosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.7. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024                                                                                                      14.2.1.8. Femtosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.2.2. By End User
14.2.2.1. Introduction
14.2.2.2. Market Attractiveness, By End User
14.2.2.3. BPS Analysis, By End User
14.2.2.4. Defense & Security Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.6. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.2.3. By Application
14.2.3.1. Introduction
14.2.3.2. Market Attractiveness, By Application
14.2.3.3. BPS Analysis, By Application
14.2.3.4. Space Exploration Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3.5. Earth Observation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3.6. Communication & Navigation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.2.4. By Country
14.2.4.1. Market Attractiveness, By Country
14.2.4.2. BPS Analysis, By Country
14.2.4.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.4.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.3.1. By Type
14.3.1.1. Introduction
14.3.1.2. Market Attractiveness, By Type
14.3.1.3. BPS Analysis, By Type
14.3.1.4. Minisatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.5. Microsatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.6. Nanosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.7. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024 Femtosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.3.2. By End User
14.3.2.1. Introduction
14.3.2.2. Market Attractiveness, By End User
14.3.2.3. BPS Analysis, By End User
14.3.2.4. Defense & Security Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.6. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3. By Application
14.3.3.1. Introduction
14.3.3.2. Market Attractiveness, By Application
14.3.3.3. BPS Analysis, By Application
14.3.3.4. Space Exploration Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3.5. Earth Observation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3.6. Communication & Navigation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4. By Country
14.3.4.1. Market Attractiveness, By Country
14.3.4.2. BPS Analysis, By Country
14.3.4.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1. By Type
14.4.1.1. Introduction
14.4.1.2. Market Attractiveness, By Type
14.4.1.3. BPS Analysis, By Type
14.4.1.4. Minisatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.5. Microsatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.6. Nanosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.7. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024Femtosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2. By End User
14.4.2.1. Introduction
14.4.2.2. Market Attractiveness, By End User
14.4.2.3. BPS Analysis, By End User
14.4.2.4. Defense & Security Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.6. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3. By Application
14.4.3.1. Introduction
14.4.3.2. Market Attractiveness, By Application
14.4.3.3. BPS Analysis, By Application
14.4.3.4. Space Exploration Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3.5. Earth Observation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3.6. Communication & Navigation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4. By Country
14.4.4.1. Market Attractiveness, By Country
14.4.4.2. BPS Analysis, By Country
14.4.4.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1. By Type
14.5.1.1. Introduction
14.5.1.2. Market Attractiveness, By Type
14.5.1.3. BPS Analysis, By Type
14.5.1.4. Minisatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.5. Microsatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.6. Nanosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.7. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024Femtosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2. By End User
14.5.2.1. Introduction
14.5.2.2. Market Attractiveness, By End User
14.5.2.3. BPS Analysis, By End User
14.5.2.4. Defense & Security Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.6. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3. By Application
14.5.3.1. Introduction
14.5.3.2. Market Attractiveness, By Application
14.5.3.3. BPS Analysis, By Application
14.5.3.4. Space Exploration Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3.5. Earth Observation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3.6. Communication & Navigation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4. By Country
14.5.4.1. Market Attractiveness, By Country
14.5.4.2. BPS Analysis, By Country
14.5.4.3. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.4. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.5. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6. Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1. By Type
14.6.1.1. Introduction
14.6.1.2. Market Attractiveness, By Type
14.6.1.3. BPS Analysis, By Type
14.6.1.4. Minisatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1.5. Microsatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1.6. Nanosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1.7. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024Femtosatellite Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.6.2. By End User
14.6.2.1. Introduction
14.6.2.2. Market Attractiveness, By End User
14.6.2.3. BPS Analysis, By End User
14.6.2.4. Defense & Security Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.2.6. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.2.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.6.3. By Application
14.6.3.1. Introduction
14.6.3.2. Market Attractiveness, By Application
14.6.3.3. BPS Analysis, By Application
14.6.3.4. Space Exploration Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.3.5. Earth Observation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.3.6. Communication & Navigation Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.3.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.6.4. By Geography
14.6.4.1. Market Attractiveness, By Geography
14.6.4.2. BPS Analysis, By Geography
14.6.4.3. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.4. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.5. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.6. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

15. Competitive Landscape
15.1. Market Share of Key Players
15.2. Market Positioning of Major Players in Global Small Satellites Market
15.3. Company Profiles
15.3.1. Space Systems Loral
15.3.1.1. Company Overview
15.3.1.2. Product Offered
15.3.1.3. Business Strategy
15.3.1.4. Financials
15.3.1.5. SWOT Analysis
15.3.1.6. Market Share Analysis
15.3.1.7. Key Achievements & Developments
15.3.2. Airbus Defense and Space
15.3.3. Lockheed Martin Corporation
15.3.4. Orbital ATK
15.3.5. Boeing
15.3.6. Thales Alenia Space
15.3.7. Mitsubishi Electric
15.3.8. Harris Corporation
15.3.9. Spire Global Inc.
15.3.10. Planet Labs Inc.
15.3.11. Other Major & Niche Players

16. Disclaimer