Houston, TX -- (SBWire) -- 02/05/2018 --The Global Small Satellite Market to Grow steadily at a CAGR of +20% during the forecast period.
Small satellites are spacecraft with a mass less than 500 kg, and are used to conduct missions beyond low Earth orbit (LEO). Small satellites are categorized into minisatellites (mass of 100-500 kg), microsatellites (10-100 kg), and nanosatellites (110 kg). small satellites are used for various applications such as Earth observation, communication, scientific research, and technology demonstration. There has been an increasing demand of Earth observation services among various sectors such as agriculture, energy, civil engineering, oil & gas, and defense, which in turn increases the use of small satellites. CubeSats are increasingly being used by defense organizations globally to enhance battlefield communications, gather information from unattended sensors, and monitor space weather.
The report on the Global Small Satellite Market is a comprehensive overview of the market, covering various aspects such as product definition, segmentation based on various parameters, distribution channel, supply chain analysis, and the prevailing vendor landscape. It compiles exhaustive information sourced via proven research methodologies. The information of the market is accessible in a logical chapter-wise format. It is also interspersed with relevant graphs and tables to enable readers to get a better perspective of the global Small Satellite market.
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Companies Profiled in this report includes, Airbus Defense and Space, Thales Group, ST Engineering, Surrey Satellite Technology, Space Exploration Technologies, Sierra Nevada Corporation, Thales Alenia Space, Planet Labs, Millennium Space Systems, Geooptics, Harris Corporation, Spire Global, Northrop Grumman Corporation.
The small satellites market has witnessed a high growth rate owing to the advancements in satellite miniaturization, increasing capability of electronic technology, ascending demand for small satellite constellations, and an increase in the deployment of small satellites for commercial end users. Recent innovations in satellite equipment and services enable the small satellite technology to reach a wider segment of consumers in the industry. However, developing safe, low-cost, and small payload satellite to launch beyond low-earth orbit, clean-up and removal of space debris, act as the major challenges for the market. Companies are developing emerging technologies such as 3D printed electronic components, on-board internet system, and electronic propulsion system, among others, which are expected to increase the competition in the near future as well as facilitate the utilization of small satellites as the primary satellite for space missions.
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Regionally, the global Small Satellite market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Among these regions, Asia Pacific held dominance in the market in terms of revenue. Development of construction activities in nations such as India, China, and Japan, which also make one of the largest consumer bases in the world, has enabled the market gain impetus in Asia Pacific. Besides this, the rising disposable income of consumers across this regions and the rising vehicle production in the aforementioned countries have bode well for the Asia Pacific market.
The report also includes an in-depth overview of the competitive landscape and regulatory framework of the global Small Satellite market. This will provide readers a clear understanding of the state of rivalry, threats, major prospects, and the major principles, guidelines, plans, and strategies impacting the market.
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Table of Contents
Global Small Satellite Market Research Report 2017
Chapter 1 Global Small Satellite Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast
Small Satellite Market Expanding at CAGR of +20%, According to a New Report by Global Industry Analysts, Inc.
The report on the Global Small Satellite Market is a comprehensive overview of the market, covering various aspects such as product definition, segmentation based on various parameters, distribution channel, supply chain analysis, and the prevailing vendor landscape.