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(Wireless-NewsWire.Com, February 13, 2019 ) This report presents the worldwide Small Satellite market size (value, production and consumption), splits the breakdown (data status 2013-2018 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.
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. Technical challenges in the construction of small satellites may include the lack of sufficient power storage or of room for a propulsion system.
North America led the small satellite market in 2017, owing to an increase in demand for small satellites from NASA and the Department of Defense (U.S.), and private sectors, such as research organizations and telecommunication. However, the market in the European region is expected to grow at the highest CAGR during the forecast period due to their high demand to use in battlefield missions, earth observation, and scientific exploration activities performed by various government and private organization.
The Small Satellite market was valued at 1340 Million US$ in 2017 and is projected to reach 6280 Million US$ by 2025, at a CAGR of 21.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Small Satellite.
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
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Small Satellite Breakdown Data by Type
Nanosatellite
Microsatellite
Minisatellite
Small Satellite Breakdown Data by Application
National Security
Science & Environment
Commerce
Others
Small Satellite Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions
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Table of Content
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Small Satellite Production by Regions
5 Small Satellite Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
8.1 Lockheed Martin
8.1.1 Lockheed Martin Company Details
8.1.2 Company Overview
8.1.3 Lockheed Martin Small Satellite Production Revenue and Gross Margin (2013-2018)
8.1.4 Lockheed Martin Small Satellite Product Description
8.1.5 Lockheed Martin Recent Development
8.2 Northrop Gruman
8.2.1 Northrop Gruman Company Details
8.2.2 Company Overview
8.2.3 Northrop Gruman Small Satellite Production Revenue and Gross Margin (2013-2018)
8.2.4 Northrop Gruman Small Satellite Product Description
8.2.5 Northrop Gruman Recent Development
8.3 Raytheon
8.3.1 Raytheon Company Details
8.3.2 Company Overview
8.3.3 Raytheon Small Satellite Production Revenue and Gross Margin (2013-2018)
8.3.4 Raytheon Small Satellite Product Description
8.3.5 Raytheon Recent Development
9 Production Forecasts
10 Consumption Forecast
10.7 Middle East and Africa Market Consumption Forecast
11 Value Chain and Sales Channels Analysis
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
13 Key Findings in the Global Small Satellite Study
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