This report presents the worldwide Nano and Microsatellite 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.
Nano and microsatellites are earth-orbiting devices that have lower mass and lesser physical dimensions as compared to a conventional satellite, such as a geostationary satellite.
Earth observation and remote sensing was the largest application segment of the market, and accounted for the highest share. A nano or microsatellite conducts functions such as providing information on weather, navigation, civilian and Earth observation, and research. The satellites are used for conventional missions, such as intelligence gathering, navigation, military communications, thermal control, telemetry, power generation, attitude control, and orbit control.
The commercial segment will grow very fast during the forecast period. The low-cost manufacturing of miniaturized satellites allows several small companies the access to space. At present, the manufacture and launch of a nanosatellite are not that expensive and has enabled private companies like Spire Global, Terra Bella, and NanoRacks to offer internet-based space exploration options to their customers. Also, several private conglomerates and tech giants are making investments in the provision of satellite-based internet connectivity services in remote areas. The use of miniaturized satellites for commercial applications will have a significant positive impact on the global nano and microsatellite market during the forecast period.
The Nano and Microsatellite market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% 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 Nano and Microsatellite.
The following manufacturers are covered in this report:
Surrey Satellite Technology
Nano and Microsatellite Breakdown Data by Type
Nano and Microsatellite Breakdown Data by Application
Science & Environment
Nano and Microsatellite Production by Region
Nano and Microsatellite Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Nano and Microsatellite status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Nano and Microsatellite manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Nano and Microsatellite :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Nano and Microsatellite market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.