Small Satellite Market Global Competitive Insights and Outlook 2020 to 2025

Global Small Satellite Market Research Report published by market insight reports explores the current outlook in global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the global market, and divides the Market into several parameters.

This Small Satellite Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the global market for approaching years from 2020 to 2025. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.

According to this study, over the next five years the Small Satellite market will register a 19.7% CAGR in terms of revenue, the global market size will reach USD 1993.1 million by 2025, from USD 970.5 million in 2019.

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The prominent players in the Global Small Satellite Market:

Lockheed Martin, Dauria Aerospace, Northrop Gruman, Dynetics, Surrey Satellite Technology, Raytheon, Clyde Space, Axelspace, Planet Labs, Sierra Nevada, CASC and Others.

It further provides the profile reviews of the leading participants, their overall market shares in the global market, business strategies they have adopted, and the latest developments in their respective business in a bid to enhance the decision-making capability of the readers.

The ‘Email Marketing’ market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.

This report segments the Global Small Satellite Market on the basis of Types are:

Microsatellite
Nanosatellite

On the basis of Application, the Global Small Satellite Market is segmented into:

National Security
Science & Environment
Commerce
Others

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Small Satellite Market these regions, from 2020 to 2025 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia–Pacific (China, Japan, Korea, India and Southeast).

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Small Satellite Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Small Satellite Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Small Satellite market report offers a complete and detailed study of global Small Satellite market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.

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Small satellite Market 2020 Insights and Precise Outlook -L3Harris Technologies Inc., Thales Alenia Space, Singapore Technologies Engineering Ltd., Blue Canyon Technologies Inc.

Small satellite Market – Growth, Trends, And Forecast (2019 – 2024)

Small satellite market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.

The small satellite market is estimated to register a CAGR of more than 17% during the forecast period.

The Small satellite market is highly competitive and consists of a number of major players. Top Companies like L3Harris Technologies Inc., Thales Alenia Space, Singapore Technologies Engineering Ltd., Blue Canyon Technologies Inc., Sierra Nevada Corporation, Northrop Grumman Corporation, GomSpace Group AB, Surrey Satellite Technology Ltd. (Airbus SE), Millennium Space Systems, Inc. (The Boeing Company), Adcole Maryland Aerospace, LLC, Planet Labs, Inc., Spire Global, Inc. among others

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Scope of the Report

technological advancements, in terms of miniaturization of electronic components, space 3D printing, advanced material technology, artificial intelligence (AI), and machine learning are likely to assist the manufacturers to overcome some of the existing growth restraints and develop advanced small satellites with multi-mission capabilities in the future

Key Market Trends

The Military Segment Held the Highest Market Share in 2019

In the current scenario, the market is dominated by the military end-user segment as the global armed forces are keenly focusing on enhancing their existing communications framework to obtain a tactical advantage over their adversaries. The companies are focusing on cost-effective approaches to produce these satellites on a large scale, to meet the growing demand. The approach involves the use of low-cost industrial-rated passives at the development and design validation stages.
Standardized satellite designs have enabled greater flexibility in choosing the launch systems, owing to the flexibility of various small satellites, which can be fitted into various launch systems, thereby, reducing the cost of the launch. Pertaining to the relatively lower cost of deployment, small satellites are being increasingly deployed for scientific research and other commercial applications.

What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: Small satellite Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

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The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Europe Small Satellite Market 2020 Insights and Business Scenario – Thales Alenia Space, GomSpace Group AB, Surrey Satellite Technology Ltd., AAC Clyde Space

The Europe Small Satellite Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

Europe small satellite market is estimated to register a CAGR of more than 15% during the forecast period.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Small Satellite Market: Thales Alenia Space, GomSpace Group AB, Surrey Satellite Technology Ltd., AAC Clyde Space, and EnduroSat

Key Market Trends

– Europe has the second-largest public space budget in the world with numerous active satellite R&D programs and manufacturing facilities spanning different European countries. The increasing budgets towards the R&D of innovative satellite-based products and services are propelling the growth of the small satellite industry in Europe.

– The growing demand for low-cost miniaturized satellites for various applications is also driving the growth of the market. The emphasis on small satellite constellations is increasing in Europe, with several planned launches in the pipeline during the forecast period.

Nanosatellite Segment held the Largest Share in 2019

In 2019, the Nanosatellites segment held the largest share in the market. The segment is also projected to grow with the highest CAGR during the forecast period, driven by several ongoing projects aimed at developing the nanosatellites in Europe. Nanosatellites have masses between 1 to 10 kg and the project lifetime for such satellites is about two to three years on average. The European Space Agency (ESA) is currently involved in several projects aimed at developing nanosatellites. In April 2019, the ESA set up a dedicated unit for designing nanosatellite sized CubeSats. The ESA has collaborated with several small- and medium-sized European firms for designing such CubeSats for atmospheric reentry measurements, ozone monitoring, and solar radiation studies. Currently, the ESA is developing the M-ARGO Miniaturised  Asteroid Remote Geophysical Observer, a suitcase-sized nanosatellite based on the CubeSat design for asteroid exploration. The ESA is also involved in the development of the Rendezvous Autonomous CubeSats Experiment (RACE), to test out autonomous rendezvous and docking capabilities for two briefcase-sized nanosatellites (CubeSats) and explore the feasibility of conducting missions through a network of the CubeSats scattered around the world at a later stage. Thus the emphasis on nanosatellite development and deployment are expected to bolster the prospects of the segment in the years to come.

The United Kingdom was the Largest Market for Small Satellites in 2019

The UK is currently one of the global powerhouses for the small satellite manufacturing industry. UK’s Surrey Satellite Technology Ltd is one of the dominant players in the market, constituting a significant share in the small satellite market, even at the global stage. The UK Space Agency envisions increasing the UK’s space economy to USD 109 billion by 2030. The country intends to play a key role in the small satellite industry in the years to come. UK government is currently planning to establish a new National Space Council, a new spaceport for small satellites as part of its space strategy. The UK Space Agency and Cornwall Council have allocated funds worth more than USD 24 million for developing facilities in Spaceport Cornwall which would enable the launch of small satellites from Cornwall by 2020. In addition, the country plans to invest about USD 34 million toward creating a constellation of small, low orbiting satellites to beam live high-resolution video to air force pilots and provide enhanced battle awareness. The small satellite constellation is called Team Artemis, which is a Royal Air Force initiative. This initiative is part of a transatlantic collaboration to launch the constellation and undertake research into the wider military uses of small satellites. UK’s Royal Air Force has partnered with Virgin Orbit in July 2019 to facilitate the launch of small satellites from the wing of a customized B747-400 aircraft. Such developments are expected to help the growth of the market in the country during the forecast period.
Influence Of The Small Satellite Market Report:

-Comprehensive assessment of all opportunities and risk in the Small Satellite market.

– Small Satellite market recent innovations and major events.

-A detailed study of business strategies for growth of the Small Satellite market-leading players.

-Conclusive study about the growth plot of Small Satellite market for forthcoming years.

-In-depth understanding of Small Satellite market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Small Satellite market.

The report has 150 tables and figures browse the report description and TOC:

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.

Analytical Tools: The Small Satellite Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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Small Satellite Market Size Growing at 18.2% CAGR to hit USD 1991.5 million by 2025

Summary

Market Overview

The global Small Satellite market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 18.2% in the forecast period of 2020 to 2025 and will expected to reach 1991.5 million by 2025, from 1020.8 million in 2019.

Market Study Report LLC has added a new report on Small Satellite market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Small Satellite market in tandem with its competitive terrain.

Manufacturers Profiles

  • Lockheed Martin
  • Clyde Space
  • Dynetics
  • Northrop Gruman
  • Sierra Nevada
  • Raytheon
  • Dauria Aerospace
  • Axelspace
  • Surrey Satellite Technology
  • Planet Labs
  • CASC

Forecast to be a highly lucrative business vertical, the Small Satellite Market has been projected to accumulate modest proceeds by the end of the projected timeframe. Incorporating a concise analysis of the Small Satellite Market in meticulous detail, the Small Satellite Market research study aims to deliver valuable insights with reference to factors such as market size, revenue forecast, sales volume, and others. The segmentation of the Small Satellite Market as well as the driving forces impacting the industry landscape are categorically provided in the report.

By Type, Small Satellite market has been segmented into Microsatellite, Nanosatellite, etc.By Application, Small Satellite has been segmented into National Security, Science & Environment, Commerce, Others, etc.

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Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global Small Satellite market presented in the report. This section sheds light on the sales growth of different regional and country-level Small Satellite markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Small Satellite market.

The Small Satellite market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Small Satellite market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

The report offers in-depth assessment of the growth and other aspects of the Small Satellite market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Small Satellite markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.

 Competitive Landscape and Small Satellite Market Share Analysis

 

Small Satellite competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Small Satellite sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Small Satellite sales, revenue and market share for each player covered in this report.

Among other players domestic and global, Small Satellite market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. analysts understand competitive strengths and provide competitive analysis for each competitor separately.

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Small Satellite product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Small Satellite, with price, sales, revenue and global market share of Small Satellite in 2018 and 2019.

Chapter 3, the Small Satellite competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Small Satellite breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.

Chapter 12, Small Satellite market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.

Chapter 13, 14 and 15, to describe Small Satellite sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Table of Contents

1 Market Overview

2 Manufacturers Profiles

2.1 Lockheed Martin

2.2 Clyde Space

2.3 Dynetics

2.4 Northrop Gruman

2.5 Sierra Nevada

2.6 Raytheon

2.7 Dauria Aerospace

2.8 Axelspace

2.9 Surrey Satellite Technology

2.10 Planet Labs

2.11 CASC

3 Sales, Revenue and Market Share by Manufacturer

4 Global Market Analysis by Regions

5 North America by Country

6 Europe by Country

7 Asia-Pacific by Regions

8 South America by Country

9 Middle East & Africa by Countries

10 Market Segment by Type

11 Global Small Satellite Market Segment by Application

12 Market Forecast

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendix

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Small Satellite Market Analysis, Size, Share, Global Industry Growth and Forecast to 2026

Small Satellite Market 2020-report would come in handy to understand your competitors and give you an insight into sales; volumes, revenues in the Small Satellite Market, assists in making strategic decisions. It helps to decide corporate, product, marketing strategy.

Global Small Satellite Market is valued approximately at USD 3.53 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 20.83 % over the forecast period 2019-2026.

The small satellite are the miniature versions of satellite which have lower mass and size which is generally under 500 kg as compared to satellites. These are built to reduce and save costs of launch vehicles and construction. These satellites are also more useful than their larger counterparts in purposes like gathering of scientific data and radio relay. Further, rapid advancements in the space technology have made these small satellites potentially more viable for use in different industries like commercial, civil, government and military sector which has led the adoption of Small Satellite across the forecast period. Also, with the increasing focus on reducing mission costs at a substantial rate across the world is expected to fuel the demand for Small Satellites. However, the risk involved in the production of these small satellites including programmatic and scientific problems leading to launch failure will hinder the market growth. Although the high data rate communication trend with the small satellites providing efficient communication presents a huge opportunity for the small satellite market during the forecast period.

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The regional analysis of global Small Satellite market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the dominant participation of private players in small satellite developments and rising demand for these satellites to be used in earth observation related applications, surveillance activities in the defense sector fuel the market demand. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as surplus investments in the space technologies in the region with the Chinese leading the small satellite technology in the region and other countries like India, Japan and South Korea launching their own small satellites would create lucrative growth prospects for the Small Satellite market across Asia-Pacific region.

Major market player included in this report are:
Orbital ATK (US) (acquired by Northrop Grumman Corporation, US)
OHB AG (Germany)
Airbus Defense and Space (France)
Harris Corporation (US) (now L3Harris)
Lockheed Martin Corporation (US)
Thales Alenia Space (France)
Sierra Nevada Corporation
The Aerospace Corporation
Planet Labs Inc.
Boeing

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Nanosatellite
Microsatellite
Minisatellite

By End User:
Civil
Defence
Commercial

By Application:
Earth Observation & Meteorology
Communication
Scientific Research & Exploration
Surveillance & Security
Mapping & Navigation

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the Small Satellite Market study are as follows:
Historical year 2016,2017
Base year 2018
Forecast period 2019 to 2026

Target Audience of the Global Small Satellite Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Table of Content:

Chapter One: Global Small Satellite Market Executive Summary

Chapter Two: Global Small Satellite Market Definition and Scope

Chapter Three: Global Small Satellite Market Dynamics

Chapter Four: Global Small Satellite Market Product Type Analysis

Chapter Five: Global Small Satellite Market, by Product Type

Chapter Six: Global Small Satellite Market, by User

Chapter Seven: Global Small Satellite Market, Regional Analysis

Chapter Eight: Small Satellite Market Competitive Intelligence

Chapter Nine: Research Process

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