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The small satellite market is forecasted to grow by USD 6.01 billion during 2023-2028, accelerating at a CAGR of 21.22% during the forecast period. The report on the small satellite market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by low-cost solution deployment through micro- and nanosatellites, growing use of small satellites in commercial applications, and rising production and launch of small satellites to revolutionize space industry.
The small satellite market is segmented as below:
By Application
- Earth observation and remote sensing
- Satellite communication
- Navigation
- Scientific research and others
By Type
- Minisatellite
- Nanosatellite
- Microsatellite
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the small satellite market covers the following areas:
- Small satellite market sizing
- Small satellite market forecast
- Small satellite market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global small satellite market: Airbus SE, Ball Corp., Capella Space Corp., Firefly Aerospace Inc., GomSpace Group AB, L3Harris Technologies Inc., Lockheed Martin Corp., Maxar Technologies Inc., Mitsubishi Electric Corp., Northrop Grumman Corp., OHB SE, Planet Labs PBC, RTX Corp., Saturn Satellite Networks Inc., Sierra Nevada Corp., Space Exploration Technologies Corp., Spire Global Inc., Terran Orbital Corp., Thales Group, and The Boeing Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing use of 3d printing in small satellites."
According to the report, one of the major drivers for this market is the low-cost solution deployment through micro- and nanosatellites.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbus SE
- Ball Corp.
- Capella Space Corp.
- Firefly Aerospace Inc.
- GomSpace Group AB
- L3Harris Technologies Inc.
- Lockheed Martin Corp.
- Maxar Technologies Inc.
- Mitsubishi Electric Corp.
- Northrop Grumman Corp.
- OHB SE
- Planet Labs PBC
- RTX Corp.
- Saturn Satellite Networks Inc.
- Sierra Nevada Corp.
- Space Exploration Technologies Corp.
- Spire Global Inc.
- Terran Orbital Corp.
- Thales Group
- The Boeing Co.
