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Nanosatellite and Microsatellite Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5792734
The nanosatellite and microsatellite market size has grown rapidly in recent years. It will grow from $2.53 billion in 2023 to $3.02 billion in 2024 at a compound annual growth rate (CAGR) of 19.4%. The expansion observed in the historical period can be attributed to emerging market opportunities, academic and research initiatives, the use of nanosatellites and microsatellites for earth observation and remote sensing, government initiatives and funding in the space sector, and the growth of the commercial space industry.

The nanosatellite and microsatellite market size is expected to see rapid growth in the next few years. It will grow to $5.89 billion in 2028 at a compound annual growth rate (CAGR) of 18.2%. The anticipated growth in the forecast period can be attributed to emerging market verticals, supportive government policies, space exploration initiatives, the increasing prevalence of small satellite constellations, and the expansion of earth observation capabilities. Key trends expected during this forecast period include the rise of small satellite constellations, advancements in miniaturization technologies, expanding communication capabilities for nanosatellites and microsatellites, growth in space science missions, and innovations in propulsion systems.

The growth of the nanosatellite and microsatellite market is significantly propelled by the increase in space exploration missions. Space exploration missions involve exploring the cosmos beyond Earth's atmosphere through crewed and uncrewed spacecraft. Nanosatellites and microsatellites, designed for specialized tasks such as Earth observation, telecommunications, and meteorology, play a crucial role in these missions. Governments worldwide are expanding their space programs, and the utilization of small satellites is aiding in the successful execution of these missions. For example, a report by Seed Scientific in November 2021 revealed that a total of 8,378 flying objects have been launched into space. Additionally, there is an anticipated ongoing rise in NASA's annual budget for space exploration until 2023. Thus, the surge in space exploration missions is a key driver of the nanosatellite and microsatellite market.

The expected growth of the nanosatellite and microsatellite market is further fueled by the increase in international trade activities. International trade involves the exchange of goods, services, and capital across borders, encompassing buying and selling between different countries. In the context of international trade, nanosatellites and microsatellites offer advantages such as cost-effectiveness, rapid deployment, global connectivity, Earth observation, precision agriculture, navigation support, supply chain monitoring, market intelligence, and emergency response capabilities. As of November 2023, the U.S. Census Bureau reported that U.S. exports in March 2023 totaled $256.2 billion, indicating growth from the previous month. Consequently, the rise in international trade activities is contributing to the growth of the nanosatellite and microsatellite market.

A key trend gaining momentum in the nanosatellites and microsatellites market is technological advancements. Major companies in this market are actively focusing on advancing technologies to strengthen their market position. For instance, in April 2022, Space Exploration Technologies Corp. (SpaceX), a U.S.-based aerospace manufacturer and space transportation company, launched a modular microsatellite named MP42. Representing one of the industry's first commercially available modular microsatellite buses, the MP42 satellite is the largest satellite manufactured and launched by NanoAvionics to date. It is part of a ridesharing mission carrying various payloads, including the RW500 fully integrated reaction wheel from VeoWare and the Tiger-3 from OQ Technology.

Innovative product development, such as tiny satellites, is a strategic focus for major companies in the nanosatellites and microsatellites market to drive revenue. Tiny satellites, constructed with off-the-shelf technologies, are designed to be inexpensive and lightweight. For example, in March 2021, Rocket Lab Ltd., a New Zealand-based aerospace manufacturer and small satellite launch service provider, launched seven tiny satellites into Earth's orbit. The mission aimed at safe satellite deployment and rocket recovery, marking a significant milestone in their reusable rocket program by successfully recovering the booster from the ocean.

In August 2021, Phantom Space Corporation, a U.S.-based startup in space transportation and rocket manufacturing, acquired Micro Aerospace Solutions to advance the production and distribution of its space transportation technology. Micro Aerospace Solutions specializes in microsatellites, thruster design, propulsion systems, and attitude control systems for spacecraft. This strategic acquisition positions Phantom to further its goals in space transportation technology.

Major companies operating in the nanosatellite and microsatellite market report are Dauria Aerospace, GomSpace Group AB, Innovative Solutions In Space (ISIS), Sierra Nevada Corporation, Spire Global Inc., SpaceQuest Ltd., Survey Satellite Technology Limited, Tyvak Nano-Satellite Systems Inc., AAC Clyde Space AB, Lockheed Martin Corporation, Planet Labs PBC, L3Harris Technologies Inc., Axelspace Corporation, Astro Digital Inc., Berlin Space Technologies, Northrop Grumman Corporation, Raytheon Technologies Corporation, Dynetics Inc., RUAG Group, Swarm Technologies Inc., Blue Canyon Technologies Inc., China Aerospace Science and Technology Corporation, Spaceflight Industries Inc., ECM Space Technologies GmbH, TriSept Corporation, SpaceWorks Enterprises Inc., NanoAvionics Inc., Kepler Communications Inc., Pumpkin Inc., Nanoracks LLC.

North America was the largest region in the nanosatellite and microsatellite market in 2023. The regions covered in the nanosatellite and microsatellite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the nanosatellite and microsatellite market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary components of nanosatellites and microsatellites include launch services, hardware, software and data processing, and space services. Launch services involve the process of placing satellites into their designated orbits, and they play a critical role in the initial stages of launching nanosatellites and microsatellites into space. Nanosatellites typically weigh between 1 kg and 10 kg, while microsatellites weigh between 11 kg and 100 kg. These satellites find applications in various fields such as communication, reconnaissance, scientific research, Earth observation and remote sensing, biological experiments, academic training, technology demonstration and verification, mapping, and navigation. They are utilized by major verticals including government, defense, maritime and transportation, civil sectors, commercial enterprises, energy, and infrastructure.

The nanosatellite and microsatellite market research report is one of a series of new reports that provides nanosatellite and microsatellite market statistics, including nanosatellite and microsatellite industry global market size, regional shares, competitors with a nanosatellite and microsatellite market share, detailed nanosatellite and microsatellite market segments, market trends and opportunities, and any further data you may need to thrive in the nanosatellite and microsatellite industry. This nanosatellite and microsatellite market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Nanosatellite and Microsatellite Market Characteristics3. Nanosatellite and Microsatellite Market Trends and Strategies
4. Nanosatellite and Microsatellite Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Nanosatellite and Microsatellite Market Size and Growth
5.1. Global Nanosatellite and Microsatellite Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Nanosatellite and Microsatellite Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Nanosatellite and Microsatellite Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Nanosatellite and Microsatellite Market Segmentation
6.1. Global Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Launch Services
  • Hardware
  • Software and Data Processing
  • Space Services
6.2. Global Nanosatellite and Microsatellite Market, Segmentation by Mass, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Nanosatellites (1 kg- 10kg)
  • Microsatellites (11kg- 100 kg)
6.3. Global Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Communication
  • Reconnaissance
  • Scientific Research
  • Earth Observation and Remote Sensing
  • Biological Experiments
  • Academic Training
  • Technology Demonstration and Verification
  • Mapping and Navigation
6.4. Global Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Government
  • Defense
  • Maritime and Transportation
  • Civil
  • Commercial
  • Energy and Infrastructure
7. Nanosatellite and Microsatellite Market Regional and Country Analysis
7.1. Global Nanosatellite and Microsatellite Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Nanosatellite and Microsatellite Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Nanosatellite and Microsatellite Market
8.1. Asia-Pacific Nanosatellite and Microsatellite Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Nanosatellite and Microsatellite Market
9.1. China Nanosatellite and Microsatellite Market Overview
9.2. China Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Nanosatellite and Microsatellite Market
10.1. India Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Nanosatellite and Microsatellite Market
11.1. Japan Nanosatellite and Microsatellite Market Overview
11.2. Japan Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Nanosatellite and Microsatellite Market
12.1. Australia Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Nanosatellite and Microsatellite Market
13.1. Indonesia Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Nanosatellite and Microsatellite Market
14.1. South Korea Nanosatellite and Microsatellite Market Overview
14.2. South Korea Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Nanosatellite and Microsatellite Market
15.1. Western Europe Nanosatellite and Microsatellite Market Overview
15.2. Western Europe Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Nanosatellite and Microsatellite Market
16.1. UK Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Nanosatellite and Microsatellite Market
17.1. Germany Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Nanosatellite and Microsatellite Market
18.1. France Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Nanosatellite and Microsatellite Market
19.1. Italy Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Nanosatellite and Microsatellite Market
20.1. Spain Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Nanosatellite and Microsatellite Market
21.1. Eastern Europe Nanosatellite and Microsatellite Market Overview
21.2. Eastern Europe Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Nanosatellite and Microsatellite Market
22.1. Russia Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Nanosatellite and Microsatellite Market
23.1. North America Nanosatellite and Microsatellite Market Overview
23.2. North America Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Nanosatellite and Microsatellite Market
24.1. USA Nanosatellite and Microsatellite Market Overview
24.2. USA Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Nanosatellite and Microsatellite Market
25.1. Canada Nanosatellite and Microsatellite Market Overview
25.2. Canada Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Nanosatellite and Microsatellite Market
26.1. South America Nanosatellite and Microsatellite Market Overview
26.2. South America Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Nanosatellite and Microsatellite Market
27.1. Brazil Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Nanosatellite and Microsatellite Market
28.1. Middle East Nanosatellite and Microsatellite Market Overview
28.2. Middle East Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Nanosatellite and Microsatellite Market
29.1. Africa Nanosatellite and Microsatellite Market Overview
29.2. Africa Nanosatellite and Microsatellite Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Nanosatellite and Microsatellite Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Nanosatellite and Microsatellite Market, Segmentation by Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Nanosatellite and Microsatellite Market Competitive Landscape and Company Profiles
30.1. Nanosatellite and Microsatellite Market Competitive Landscape
30.2. Nanosatellite and Microsatellite Market Company Profiles
30.2.1. Dauria Aerospace
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. GomSpace Group AB
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Innovative Solutions in Space (ISIS)
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Sierra Nevada Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Spire Global Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Nanosatellite and Microsatellite Market Competitive Benchmarking32. Global Nanosatellite and Microsatellite Market Competitive Dashboard33. Key Mergers and Acquisitions in the Nanosatellite and Microsatellite Market
34. Nanosatellite and Microsatellite Market Future Outlook and Potential Analysis
34.1 Nanosatellite and Microsatellite Market in 2028 - Countries Offering Most New Opportunities
34.2 Nanosatellite and Microsatellite Market in 2028 - Segments Offering Most New Opportunities
34.3 Nanosatellite and Microsatellite Market in 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic and Forecast Inflation Rates
35.4. Research Inquiries
35.5. About the Analyst
35.6. Copyright and Disclaimer

Executive Summary

Nanosatellite and Microsatellite Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on nanosatellite and microsatellite market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for nanosatellite and microsatellite? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Component: Launch Services; Hardware; Software and Data Processing; Space Services

2) By Mass: Nanosatellites (1 kg- 10kg); Microsatellites (11kg- 100 kg)

3) By Application: Communication; Reconnaissance; Scientific Research; Earth Observation and Remote Sensing; Biological Experiments; Academic Training; Technology Demonstration and Verification; Mapping and Navigation

4) By Vertical: Government; Defense; Maritime and Transportation; Civil; Commercial; Energy and Infrastructure

Companies Mentioned: Dauria Aerospace; GomSpace Group AB; Innovative Solutions In Space (ISIS); Sierra Nevada Corporation; Spire Global Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Dauria Aerospace
  • GomSpace Group AB
  • Innovative Solutions In Space (ISIS)
  • Sierra Nevada Corporation
  • Spire Global Inc.
  • SpaceQuest Ltd.
  • Survey Satellite Technology Limited
  • Tyvak Nano-Satellite Systems Inc.
  • AAC Clyde Space AB
  • Lockheed Martin Corporation
  • Planet Labs PBC
  • L3Harris Technologies Inc.
  • Axelspace Corporation
  • Astro Digital Inc.
  • Berlin Space Technologies
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Dynetics Inc.
  • RUAG Group
  • Swarm Technologies Inc.
  • Blue Canyon Technologies Inc.
  • China Aerospace Science and Technology Corporation
  • Spaceflight Industries Inc.
  • ECM Space Technologies GmbH
  • TriSept Corporation
  • SpaceWorks Enterprises Inc.
  • NanoAvionics Inc.
  • Kepler Communications Inc.
  • Pumpkin Inc.
  • Nanoracks LLC

Methodology

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