Small Satellite Market Size, Share, Trends & Growth Analysis

Report Code AS 4259
Published in Jul, 2024, By MarketsandMarkets™
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Small Satellite Market by Mass (Small, Mini, Micro, Nano, Cube), Subsystem (Satellite bus, Payloads, Solar Pannels, Satellite Antennas), Orbit (LEO, MEO, GEO, Other Orbits), Application, End Use, Frequency and Region - Global Forecast to 2029

Overview

The small satellite market is estimated to be USD 5.2 billion in 2024 and is projected to reach USD 11.2 billion by 2029, at a CAGR of 16.6% from 2024 to 2029. Also, the small satellite volume is projected to grow from 3220 units in 2024 to 4662 units in 2029. The biggest drivers of this expansion are the growing call for faster internet solutions and communication satellites. Technological traits and a flow toward lighter, greater environmentally friendly materials are also propelling advances inside the small satellite industry, creating a dynamic and changing marketplace environment. Furthermore, the dynamic nature of the enterprise is attracting full-size investment and fostering a aggressive environment where non-stop innovation is vital. This shift is not only driving environmental sustainability but also enhancing the economic performance of satellite operations.

Attractive Opportunities in the Small Satellite Market

North America

North America is projected to dominate the market during the forecast period. The US is the largest user of small satellite globally, which drives the market growth in the region.

The growth of this market can be attributed to the increasing need for secure satellite communication for defense missions.

By application, the communication segment of the small satellite market is expected to reach 7.95 billion by 2029, growing at a CAGR of 18.1% from 2024 to 2029.

Contracts , agreements, and product launches would offer lucrative opportunities for market players in the next five years.

Technological advancements in small satellite systems, such as laser/optical band communications technologies, are driving the market.

Global Small Satellite Market Dynamics

Driver: Rising Demand for Satellite Internet Services

Demand is increasing for affordable, high-speed broadband with better data transmission capabilities, catering to sectors like retail, banking, energy, and mining, as well as governmental needs in both developed and developing nations. Similarly, individual consumers in underdeveloped and rural areas are showing greater interest in low-cost broadband services. This growing market demand is stimulating investments in Low Earth Orbit (LEO) satellite constellations and the broader small satellite sector. Moreover, there is a robust demand for economical high-speed internet in industrial nations. If all planned LEO satellite projects are successful, supply might surpass expected demand, potentially reducing the cost per megabit.Additionally, the broader integration of technologies such as Artificial Intelligence (AI), Machine Learning (ML), and cloud computing, coupled with increased government incentives, limited internet access in rural areas, and the rise of connected vehicles and smart cities, are all contributing to the heightened demand for satellite-driven internet solutions.Several companies, such as Starlink (US), OneWeb (UK), Telesat (Canada), and Kuiper (US) have launched or aim to launch their global satellite internet services through their small satellite network.Driver: - Cost effectiveness of small satellitesSmall satellites are less expensive to manufacture than large satellites and can be released as a secondary payload on a rocket, decreasing the price of launching them into space. These satellites also can be configured to support a huge variety of area missions previously accomplished by means of larger satellites. For instance, Planet Labs PBC (US) developed a constellation of 495 CubeSats over the past nine years to provide daily imaging of the planet. Previously, Earth-imaging satellites that weighed over 2,100 kg and cost a substantial amount to manufacture were used for this purpose.Furthermore, with the improved performance and reliability of commercial-off-the-shelf (COTS) components, mass manufacturing, and the extensive use of modularity and standardization, private organizations significantly reduce the cost of small satellite components and systems without compromising their reliability. For instance, York Systems (US) redesigned and mass-manufactured low-cost satellite buses. Similarly, NovaWurks (US) developed modular, reconfigurable satellites.

Restraints: Absence Of Unified Regulations And Government Policies Across Nations

The development of the small satellite ecosystem and industry is influenced either directly or indirectly by national and international government policy. There is not currently a thorough national or international on-orbit regulatory framework. In the US, there are laws governing remote sensing and the launch and reentry of satellites in the spectrum. For example, there are no rules governing activities carried out while in orbit, like proximity and rendezvous operations, space-based Space Situational Awareness (SSA), or radio frequency mapping. Over 75 countries are involved in small-scale satellite activities, and there is still no worldwide agreement. A few signs suggest that the high-level directives in the Outer Space Treaty will give way to a complete worldwide regulation.National acceptance and commitment determine the liability of satellites. Hence, small satellite manufacturers are hindered due to supervision and authorization for registration and licensing. They are usually regulated slowly for countries with experience in the space field. The national governments either lack knowledge or adopt a time-consuming process when they monitor all space activities that implicate their country on the international level. It is also important to record all objects sent to space and ensure that each space-related project has peaceful purposes. Operators support legislation that provide investors with protection, but they are concerned that burdensome regulations can compel companies to migrate elsewhere. Since legislators' and operators' schedules do not always align, developing rules and regulations for the quickly evolving commercial space industry will be challenging over the next 10 years. These policies' primary objectives were developed with the intention of fostering global cooperation between satellite operators and consumers of all sizes. With the help of these policies, human space exploration will continue in a peaceful atmosphere, preventing harm from man-made debris and enhancing future human space flight preparation.Restraints: Limited coverage and operational complexity of small satellitesThe market for small satellites is severely challenged by their limited coverage and complexity of operations compared to larger satellites. Small satellites, due to their more compact size and lower power, are not the same high-capacity or long-range communication and sensor equipment as large satellites. Therefore, they will have a narrower coverage and reduced data collection capacity, which could be a severe disadvantage in the case of an application that would require broad geographic coverage or continuous streams of data for telecommunications or Earth monitoring applications. In contrast, a large satellite with advanced sensors in geostationary orbits can provide continuous coverage for large regions, which can be very useful for real-time applications in applications such as weather forecasting or the provision of broadband telecommunications service. On the other hand, small satellites, especially those in low Earth orbit, will provide only intermittent coverage that must be pieced together to create a full picture, possibly requiring the constellation of small satellites to have equal coverage. The complexity of the constellation itself adds complexity to the small satellite operations. Connecting and operating a network of small satellites is more complicated than a single satellite to ensure that you will have continuous coverage while also maintaining data integrity. Small satellites in a constellation also would represent an increase of risk of collision or failure.

 

Opportunity: Increased Government Investments in Space Agenices

With substantial investments made in the early and later phases of the business, the U.S. government has a major influence on the growth of the small satellite sector. Strong investment is a global trend that is reflected in the rise in government funding for tiny satellite technology. Numerous countries perceive these R&D expenditures, in addition to startup assistance, as calculated actions to address social problems, lessen reliance on imports, and establish themselves as front-runners in the space sector. Several governments are stepping in to offer critical funds, realizing that there is not a developed venture capital market comparable to the one in the United States.In 2020, Japan launched two significant initiatives: the Impulsing Paradigm Change through the Disruptive Technologies Program (IMPACT) and the Innovation Network Corporation of Japan (INCJ), both aimed at propelling space-related start-ups.The European Space Agency (ESA) has committed approximately $33 million to enhance Hall Effect thruster technology and to foster other business incubators. Similarly, the Chinese government has earmarked a substantial $339 billion for start-ups, reflecting a broader strategy to bolster economic growth and innovation without solely relying on private sector funding. Meanwhile, the Canadian Industrial Technologies office has allocated $13 million to support UrtheCast, a Canada-based company, underscoring ongoing governmental support for space technologies like development of its X- and L-band synthetic aperture radar (SAR) constellation on a smallsat platform. Thus, increased government investments will offer growth opportunities for the small satellite market.Opportunity: - Widespread adoption of small satellitesSmall satellites have gained widespread adoption across commercial, civil, government, and military sectors. The affordability of these satellites has boosted civil and commercial applications by facilitating the exploration of well-focused scientific research objectives, such as monitoring the space radiation environment, updating the international geomagnetic reference field, or providing an early proof-of-concept before the development of colossal infrastructural projects. The emergence of small satellites has enabled start-ups, SMEs, and emerging countries to reach space affordably and compete with traditional players in the sector. Several drawbacks, such as limited onboard power provisions for the support of hardware components, low accuracy in attitude knowledge, the control required for remote sensing, and command & data-handling capabilities, have already been addressed, resulting in the vast expansion of nano and microsatellite capabilities. The in-orbit autonomy of such satellites is also being worked upon to extend mission capabilities further. Soon, one can expect such satellites to be used widely across most application areas, wherein the previous requirement was that of large satellites.Small satellites can meet the requirements of various applications, such as navigation, Earth and space observation, Earth mapping, astronomy, IoT and M2M communications, remote management, mobile telephony, and internet access. These satellites also meet asset-tracking requirements such as fleet management, logistics, ship tracking, aircraft tracking, metrology, agriculture, in-orbit demonstration, scientific projects, and security defense. They further aid in national space programs such as signal intelligence, prevention, disaster management, humanitarian aid, control of potential threats from outer space, space exploration, space mining, space debris clean up, projection of advertising from space, and object placement in the orbit.

Challenges: Concerns Over Increasing Space Debris

The increasing space junk in low Earth orbit (LEO) presents a substantial challenge for the small satellite market. As more small satellites are launched, often in large constellations, the accumulation of debris intensifies, elevating the risk of collisions. This growing density of space debris complicates operational planning and increases the likelihood of satellite damage or destruction, which can have severe financial implications.For businesses in the satellite sector, managing the risk associated with space debris is becoming a critical concern. The debris not only poses a direct threat to the physical integrity of satellites but also impacts the reliability and expected operational lifespan of these assets. As the space environment becomes more congested, the probability of encountering debris increases, making it more challenging to maintain and protect satellite constellations. The European Space Agency and NASA have released data showing that more than 150 million objects weighing over 5000 tons are now in orbit between low Earth orbit (LEO) and geostationary orbit (GEO), a range of up to 10,000 km from the earth. There is also a significant concern about debris re-entering uncontrollably into the earth’s atmosphere, which can potentially fall back to earth due to gravitational forces and this is added by the fact that these objects may collide with spacecrafts being used for operations. Among its facts are: The US Department of Defense Space Surveillance Network has documented more than 27,000 large pieces of space debris including approximately 23,000 larger than a softball; half a million that are at least marble-sized; roughly one hundred million particles measuring at least .04 inches in diameter; and numerous particles as small as one micron across. Another aspect about this subject is: on an average day one piece falls back to earth making it a substantial challenge that currently has been under investigation by different space agencies.Challenges: - Supply chain management issuesThe small satellite sector is confronted with a substantial challenge emanating from the supply chain. As their demand increases, organizations typically experience difficulties procuring parts, such as sensors or propulsion components. When specific parts are limited, it can contribute to production delays, risking timelines and increasing costs. In fact, as the global nature of the satellite supply chain adds increased complexity, there are political tensions and trade restrictions that affect the delivery of parts and the ability to estimate the arrival of parts. It is common for the small satellite sector to be reliant on a limited number of suppliers for certain types of critical technology. Any production issues or regulatory changes at those suppliers could also lead to delays across the industry.

Global Small Satellite Market Ecosystem Analysis

Small Satellite Market Ecosystem In the small satellite market ecosystem, key stakeholders range from major small satellite providers to private enterprises, distributors, suppliers, retailers, and end customers like commercial enterprises and government organizations. Influential forces shaping the industry include investors, funders, academic researchers, distributors, service providers, and defense procurement authorities. This intricate network of participants collaboratively drives market dynamics, innovation, and strategic decisions, highlighting the complexity and vitality of the small satellite sector.

 

Based on the mass, the small segment is estimated to lead the small satellite market in 2024

Based on the mass, the small satellite market has been segmented broadly into small, mini, micro, nano, and cube. Here small segment is leading in 2024. The small segment in the mass category typically refers to satellites weighing between 500 kg and 1000 kg. This category bridges the gap between mini satellites and larger satellites, combining relatively low cost and rapid development times with enhanced capability and longer operational lifespans. The small segment in small satellite market is experiencing robust growth driven by technological innovations and a surge in high-speed internet demand. The segment is also driven by the entry of new commercial players like Kuiper in this category.

Based on the application, the communication segment is estimated to lead the small satellite market in 2024

Based on the application, the small satellite market has been segmented broadly into communication, earth observation, scientific research, technology, and others. The communication application segment within the small satellite market is primarily driven by the escalating demand for global internet connectivity and enhanced communication networks. The deployment of communication satellites has been made possible by advancements in satellite miniaturization and cost reduction, providing dependable and continuous service even in remote locations. Additionally, developments in the satellite technology—such as increased transmission speeds and better bandwidth capacities—are essential. These improvements meet the increasing demand for high-speed networks across several industries, such as aviation, maritime, and rural telecoms, expanding the capabilities and reach of global communication networks.

North America Region holds the Largest Share of the Small Satellite Market.

The global small satellite market is divided into segments such as North America, Europe, Asia Pacific, the Middle East, and the Rest of the World. North America leads on this area, fueled by using a strong space industry presence, tremendous satellite operator concentrations, and ongoing demand for modern satellite technology. The region has seen sizable increase in research and development investments, promoting the improvement of advanced satellites that cater to a variety of specific and technical needs across multiple applications.

 
 

Recent Developments of Small Satellite Market industry

  • In January 2024, Airbus US Space & Defense, Inc., a subsidiary of Airbus Defense and Space, acquired Eutelsat OneWeb's 50% share in Airbus OneWeb Satellites (AOS), becoming the sole owner of the satellite manufacturing facility in Merritt Island, Florida. This restructuring aims to enhance efficiency and competitiveness for commercial, institutional, and national security space customers.
  • In October 2023, The Space Development Agency (SDA) (US) awarded Northrop Grumman Corporation a contract to design and build 38 data transport satellites for the Tranche 2 Transport Layer – Alpha (T2TL-Alpha) of the Proliferated Warfighter Space Architecture (PWSA). These low Earth orbit (LEO) satellites will support military missions, with operations scheduled to start in December 2026.

Key Market Players

KEY PLAYERS IN THE Small Satellite Market INCLUDE

  • SpaceX (US)
  • Lockheed Martin Corporation (US)
  •  Airbus Defence and Space (Germany)
  • Northrop Grumman (US)
  • L3Harris Technologies, Inc. (US)

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Scope of the Report

Report Attribute Details
Estimated Market Size USD 5.2 billion in 2024
Projected Market Size USD 11.2 billion by 2029
Small Satellite Market Growth Rate (CAGR) 16.60%
Market size available for years 2020–2023
Base year considered 2023
Forecast period 2024-2029
Forecast units Value (USD Billion)
Segments Covered By Mass, By Application, By Subsystem, By End-use, By Frequency, By Orbit
Geographies covered North America, Europe, Asia Pacific, the Middle East, and Rest of the World
Companies covered SpaceX (US), Lockheed Martin Corporation (US), Airbus Defence and Space (Germany), Northrop Grumman (US), L3Harris Technologies, Inc. (US) among others.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
29
RESEARCH METHODOLOGY
34
EXECUTIVE SUMMARY
44
PREMIUM INSIGHTS
47
MARKET OVERVIEW
50
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Rising demand for satellite internet services
    - Need for Earth observation imagery and analytics
    - Increasing launches of cube satellites
    - Cost-effectiveness of small satellites
    RESTRAINTS
    - Absence of unified regulations and government policies
    - Resource constraints on small satellites
    - Limited coverage and operational complexity of small satellites
    OPPORTUNITIES
    - Increased government investments in space agencies
    - Widespread adoption of small satellites
    CHALLENGES
    - Increase in space debris
    - Intricacies of propulsion systems
    - Supply chain management issues
  • 5.3 VALUE CHAIN ANALYSIS
  • 5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • 5.5 ECOSYSTEM ANALYSIS
    PROMINENT COMPANIES
    PRIVATE AND SMALL ENTERPRISES
    END USERS
  • 5.6 INVESTMENT AND FUNDING SCENARIO
  • 5.7 PRICING ANALYSIS
    AVERAGE SELLING PRICE, BY REGION
    INDICATIVE PRICING ANALYSIS, BY MASS
  • 5.8 REGULATORY LANDSCAPE
  • 5.9 TRADE ANALYSIS
  • 5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.11 KEY CONFERENCES AND EVENTS, 2024
  • 5.12 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGY
    - Advanced power systems
    - Miniaturization
    COMPLEMENTARY TECHNOLOGY
    - Hyperspectral and multispectral imaging
  • 5.13 USE CASE ANALYSIS
    HAWKEYE 360 LEVERAGES GOMSPACE’S SMALL-SATELLITE RADIO AND ANTENNA TECHNOLOGY FOR ITS PATHFINDER MISSION
    SEAM PROJECT DEPLOYS NANOSATELLITE FOR MAGNETIC AND ELECTRIC FIELD MEASUREMENTS IN EARTH IONOSPHERE
    EUROPEAN FIRERS PROJECT COMBATS FOREST FIRE USING LUME-1 CUBESAT
  • 5.14 OPERATIONAL DATA
  • 5.15 BUSINESS MODELS
  • 5.16 TOTAL COST OF OWNERSHIP
  • 5.17 BILL OF MATERIALS
  • 5.18 IMPACT OF GENERATIVE AI
    INTRODUCTION
    ADOPTION OF AI IN SPACE BY TOP COUNTRIES
    IMPACT OF AI ON SPACE USE CASES
    IMPACT OF AI ON SMALL SATELLITE MARKET
  • 5.19 TECHNOLOGY ROADMAP
INDUSTRY TRENDS
90
  • 6.1 INTRODUCTION
  • 6.2 TECHNOLOGY TRENDS
    ADVANCED MATERIALS
    ADDITIVE MANUFACTURING
    DEDICATED LAUNCH VEHICLES
    ELECTRIC PROPULSION SYSTEMS
  • 6.3 IMPACT OF MEGATRENDS
    INDUSTRY 4.0
    CLOUD COMPUTING
    INTER-SATELLITE LINK COMMUNICATION
    HYBRID BEAMFORMING
  • 6.4 SUPPLY CHAIN ANALYSIS
  • 6.5 PATENT ANALYSIS
SMALL SATELLITE MARKET, BY MASS
100
  • 7.1 INTRODUCTION
  • 7.2 SMALL
    NEED FOR ROBUST MISSION CAPABILITIES TO DRIVE MARKET
  • 7.3 MINI
    EXTENSIVE USE IN HIGH-VOLUME DATA APPLICATIONS TO DRIVE MARKET
  • 7.4 MICRO
    NEED FOR TACTICAL COMMUNICATIONS IN MILITARY APPLICATIONS TO DRIVE MARKET
  • 7.5 NANO
    ADVANCES IN MINIATURIZATION OF ELECTRONICS TO DRIVE MARKET
  • 7.6 CUBE
    RAPID DEPLOYMENT IN INTERPLANETARY MISSIONS TO DRIVE MARKET
    0.25–1U
    2U
    3U
    6U
    >12U
SMALL SATELLITE MARKET, BY SUBSYSTEM
107
  • 8.1 INTRODUCTION
  • 8.2 SATELLITE BUSES
    ATTITUDE & ORBITAL CONTROL SYSTEMS
    - Need for precision in satellite positioning to drive market
    COMMAND & DATA HANDLING SYSTEMS
    - Increasing complexity of small satellite missions to drive market
    ELECTRICAL POWER SYSTEMS
    - Focus on enhancing satellite performance to drive market
    PROPULSION SYSTEMS
    - Chemical propulsion
    - Electric propulsion
    - Hybrid propulsion
    TELEMETRY, TRACKING, & COMMAND SYSTEMS
    - Need for effective communications between satellites and ground stations to drive market
    STRUCTURES
    - Expanding capabilities of structural subsystems to drive market
    THERMAL SYSTEMS
    - Advances in materials science and thermal management solutions to drive market
  • 8.3 PAYLOADS
    TRADITIONAL PAYLOADS
    - Optical & infrared payloads
    - Hyperspectral & multispectral payloads
    - SAR payloads
    - Communications payloads/transponders
    - Other traditional payloads
    SOFTWARE-DEFINED PAYLOADS
    - Flexibility to alter space missions to drive market
  • 8.4 SOLAR PANELS
    ENHANCED EFFICIENCY WITH PHOTOVOLTAIC CELL MATERIALS TO DRIVE MARKET
  • 8.5 SATELLITE ANTENNAS
    WIRE ANTENNAS
    - Monopole antennas
    - Dipole antennas
    HORN ANTENNAS
    - Ability to operate in multiple frequencies to drive market
    ARRAY ANTENNAS
    - Cost-efficiency with advancements in solid-state technology to drive market
    REFLECTOR ANTENNAS
    - Parabolic reflectors
    - Double reflectors
  • 8.6 OTHER SUBSYSTEMS
SMALL SATELLITE MARKET, BY APPLICATION
119
  • 9.1 INTRODUCTION
  • 9.2 COMMUNICATIONS
    ADVANCEMENTS IN MINIATURE HARDWARE SYSTEMS TO DRIVE MARKET
  • 9.3 EARTH OBSERVATION & REMOTE SENSING
    FOCUS ON ENVIRONMENTAL CONSERVATION TO DRIVE MARKET
  • 9.4 SCIENTIFIC RESEARCH
    REDUCED COST OF SPACE MISSIONS WITH SMALL SATELLITES TO DRIVE MARKET
  • 9.5 TECHNOLOGY
    EXTENSIVE USE OF SMALL SATELLITES IN MISSILE TRACKING AND THREAT DETECTION TO DRIVE MARKET
  • 9.6 OTHER APPLICATIONS
SMALL SATELLITE MARKET, BY END USE
124
  • 10.1 INTRODUCTION
  • 10.2 COMMERCIAL
    SATELLITE OPERATORS/OWNERS
    - Rapid deployment of small satellite constellations to drive market
    MEDIA & ENTERTAINMENT COMPANIES
    - High demand for fast broadband connectivity from streaming platforms to drive market
    ENERGY SERVICE PROVIDERS
    - Integration of satellite technology to enhance energy-related operations and services to drive market
    SCIENTIFIC RESEARCH & DEVELOPMENT ORGANIZATIONS
    - Untapped potential in space research to drive market
    OTHER COMMERCIAL END USERS
  • 10.3 GOVERNMENT & DEFENSE
    DEPARTMENT OF DEFENSE & INTELLIGENCE AGENCIES
    - Surge in demand for real-time data and imaging to drive market
    NATIONAL SPACE AGENCIES
    - Need for cost-effective space exploration solutions to drive market
    SEARCH & RESCUE ENTITIES
    - Need for swift and accurate data in emergency situations to drive market
    ACADEMIC & RESEARCH INSTITUTIONS
    - Active participation in small satellite development to drive market
    NATIONAL MAPPING & TOPOGRAPHIC AGENCIES
    - Emphasis on improving navigation and tracking capabilities to drive market
  • 10.4 DUAL USE
    NEED FOR RESOURCE OPTIMIZATION TO DRIVE MARKET
SMALL SATELLITE MARKET, BY FREQUENCY
132
  • 11.1 INTRODUCTION
  • 11.2 L-BAND
    LESS SUSCEPTIBILITY TO ATMOSPHERIC INTERFERENCE TO DRIVE MARKET
  • 11.3 S-BAND
    INCREASING SCIENTIFIC MISSIONS TO DRIVE MARKET
  • 11.4 C-BAND
    ESCALATING DEMAND FOR STEADY COMMUNICATIONS SERVICES FROM DEVELOPING REGIONS TO DRIVE MARKET
  • 11.5 X-BAND
    RISING GEOPOLITICAL TENSIONS TO DRIVE MARKET
  • 11.6 KU-BAND
    GROWING INTERNET PENETRATION IN SMALL SATELLITES TO DRIVE MARKET
  • 11.7 KA-BAND
    NEED FOR BACKHAUL SOLUTIONS WITH EXPANSION OF 5G TO DRIVE MARKET
  • 11.8 Q/V/E-BAND
    ELEVATED DEMAND FOR ULTRA-HIGH-SPEED DATA SERVICES TO DRIVE MARKET
  • 11.9 HF/VHF/UHF-BAND
    NEED FOR WIDE-RANGE COVERAGE TO DRIVE MARKET
  • 11.10 LASER/OPTICAL BAND
    DEVELOPMENT OF LASER COMMUNICATIONS TECHNOLOGY BY PROMINENT COMPANIES TO DRIVE MARKET
SMALL SATELLITE MARKET, BY ORBIT
138
  • 12.1 INTRODUCTION
  • 12.2 LEO
  • 12.3 MEO
  • 12.4 GEO
  • 12.5 OTHER ORBITS
SMALL SATELLITE MARKET, BY REGION
142
  • 13.1 INTRODUCTION
  • 13.2 NORTH AMERICA
    PESTLE ANALYSIS
    US
    - High demand for small satellites from defense sector to drive market
    CANADA
    - Government initiatives for space technology development to drive market
  • 13.3 EUROPE
    PESTLE ANALYSIS
    RUSSIA
    - Focus on enhancing defense capabilities to drive market
    UK
    - Continuous innovations in satellite technologies to drive market
    GERMANY
    - Active participation in European space programs to drive market
    FRANCE
    - Rapid small satellite development to drive market
    ITALY
    - Collaborations with global space agencies to drive market
    REST OF EUROPE
  • 13.4 ASIA PACIFIC
    PESTLE ANALYSIS
    CHINA
    - Rise in commercial satellite launches to drive market
    INDIA
    - Well-developed domestic space infrastructure to drive market
    JAPAN
    - Significant investments from JAXA and other government organizations to drive market
    SOUTH KOREA
    - Increase in government funding for small satellite development to drive market
    AUSTRALIA
    - Government measures for space industry development to drive market
    REST OF ASIA PACIFIC
  • 13.5 MIDDLE EAST
    PESTLE ANALYSIS
    GCC
    - UAE
    - Saudi Arabia
    REST OF MIDDLE EAST
  • 13.6 REST OF THE WORLD
    PESTLE ANALYSIS
    LATIN AMERICA
    - Mexico
    - Argentina
    - Rest of Latin America
    AFRICA
    - Increasing budget allocations for space exploration to drive market
COMPETITIVE LANDSCAPE
192
  • 14.1 INTRODUCTION
  • 14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
  • 14.3 REVENUE ANALYSIS, 2020–2023
  • 14.4 MARKET SHARE ANALYSIS, 2023
  • 14.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT
  • 14.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING
  • 14.7 COMPANY VALUATION AND FINANCIAL METRICS
  • 14.8 BRAND/PRODUCT COMPARISON
  • 14.9 COMPETITIVE SCENARIO AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    OTHERS
COMPANY PROFILES
222
  • 15.1 KEY PLAYERS
    SPACEX
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    LOCKHEED MARTIN CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    AIRBUS DEFENCE AND SPACE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    NORTHROP GRUMMAN
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    L3HARRIS TECHNOLOGIES, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    THALES ALENIA SPACE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    MDA
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    SURREY SATELLITE TECHNOLOGY LTD
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    PLANET LABS PBC
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    SNC
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    MAXAR TECHNOLOGIES
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    GOMSPACE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    MITSUBISHI ELECTRIC CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    BAE SYSTEMS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    RTX
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    OHB SE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    THE AEROSPACE CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    MILLENNIUM SPACE SYSTEMS, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    KUIPER SYSTEMS LLC
    - Business overview
    - Products/Solutions/Services offered
    TERRAN ORBITAL CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
  • 15.2 OTHER PLAYERS
    AEROSPACELAB
    ENDUROSAT
    NANOAVIONICS
    ALÉN SPACE
    NEARSPACE LAUNCH
    SWARM
    ARGOTEC S.R.L.
    ASTRANIS
APPENDIX
298
  • 16.1 DISCUSSION GUIDE
  • 16.2 ANNEXURE: OTHER MAPPED COMPANIES
  • 16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 16.4 CUSTOMIZATION OPTIONS
  • 16.5 RELATED REPORTS
  • 16.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 INCLUSIONS AND EXCLUSIONS
  • TABLE 2 USD EXCHANGE RATES
  • TABLE 3 SMALL SATELLITE CONSTELLATIONS, BY OWNER
  • TABLE 4 SATELLITE VS. TERRESTRIAL CONNECTIVITY
  • TABLE 5 OPERATIONAL SMALL SATELLITE CONSTELLATIONS
  • TABLE 6 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 7 INDICATIVE PRICING ANALYSIS OF SMALL SATELLITES, BY MASS (USD MILLION)
  • TABLE 8 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 9 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 10 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 11 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 12 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 13 IMPORT DATA, BY COUNTRY, 2020–2023 (USD THOUSAND)
  • TABLE 14 EXPORT DATA, BY COUNTRY, 2020–2023 (USD THOUSAND)
  • TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE (%)
  • TABLE 16 KEY BUYING CRITERIA FOR TOP FOUR APPLICATIONS
  • TABLE 17 KEY CONFERENCES AND EVENTS, 2024
  • TABLE 18 SMALL SATELLITE ACTIVE FLEET, BY COUNTRY, 2020–2023 (UNITS)
  • TABLE 19 COMPARISON BETWEEN BUSINESS MODELS
  • TABLE 20 COMPARISON OF TOTAL COST OF OWNERSHIP FOR SATELLITES
  • TABLE 21 AVERAGE TOTAL COST OF OWNERSHIP FOR SMALL SATELLITES, BY MASS (USD MILLION)
  • TABLE 22 BILL OF MATERIALS ANALYSIS FOR SMALL SATELLITES
  • TABLE 23 COMPARISON OF BILL OF MATERIALS FOR SMALL SATELLITES
  • TABLE 24 IMPACT OF AI ON SPACE APPLICATIONS
  • TABLE 25 PATENT ANALYSIS
  • TABLE 26 SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 27 SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 28 PLANNED SMALL SATELLITE LAUNCHES, BY KEY PLAYER, 2024–2029 (UNITS)
  • TABLE 29 CUBE SATELLITE MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 30 CUBE SATELLITE MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 31 SMALL SATELLITE MARKET, BY SUBSYSTEM, 2020–2023 (USD MILLION)
  • TABLE 32 SMALL SATELLITE MARKET, BY SUBSYSTEM, 2024–2029 (USD MILLION)
  • TABLE 33 SATELLITE BUSES: SMALL SATELLITE MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 34 SATELLITE BUSES: SMALL SATELLITE MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 35 PROPULSION SYSTEM MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 36 PROPULSION SYSTEM MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 37 PAYLOADS: SMALL SATELLITE MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 38 PAYLOADS: SMALL SATELLITE MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 39 TRADITIONAL PAYLOAD MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 40 TRADITIONAL PAYLOAD MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 41 SMALL SATELLITE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 42 SMALL SATELLITE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 43 SMALL SATELLITE VOLUME, BY APPLICATION, 2020–2023 (UNITS)
  • TABLE 44 SMALL SATELLITE VOLUME, BY APPLICATION, 2024–2029 (UNITS)
  • TABLE 45 SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 46 SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 47 COMMERCIAL: SMALL SATELLITE MARKET, BY END USER, 2020–2023 (USD MILLION)
  • TABLE 48 COMMERCIAL: SMALL SATELLITE MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 49 GOVERNMENT & DEFENSE: SMALL SATELLITE MARKET, BY END USER, 2020–2023 (USD MILLION)
  • TABLE 50 GOVERNMENT & DEFENSE: SMALL SATELLITE MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 51 SMALL SATELLITE MARKET, BY FREQUENCY, 2020–2023 (USD MILLION)
  • TABLE 52 SMALL SATELLITE MARKET, BY FREQUENCY, 2024–2029 (USD MILLION)
  • TABLE 53 SMALL SATELLITE MARKET, BY ORBIT, 2020–2023 (USD MILLION)
  • TABLE 54 SMALL SATELLITE MARKET, BY ORBIT, 2024–2029 (USD MILLION)
  • TABLE 55 SMALL SATELLITE MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 56 SMALL SATELLITE MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 57 NORTH AMERICA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 58 NORTH AMERICA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 59 NORTH AMERICA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 60 NORTH AMERICA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 61 NORTH AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 62 NORTH AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 63 US: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 64 US: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 65 US: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 66 US: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 67 CANADA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 68 CANADA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 69 CANADA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 70 CANADA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 71 EUROPE: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 72 EUROPE: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 73 EUROPE: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 74 EUROPE: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 75 EUROPE: SMALL SATELLITE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 76 EUROPE: SMALL SATELLITE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 77 RUSSIA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 78 RUSSIA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 79 RUSSIA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 80 RUSSIA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 81 UK: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 82 UK: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 83 UK: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 84 UK: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 85 GERMANY: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 86 GERMANY: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 87 GERMANY: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 88 GERMANY: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 89 FRANCE: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 90 FRANCE: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 91 FRANCE: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 92 FRANCE: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 93 ITALY: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 94 ITALY: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 95 ITALY: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 96 ITALY: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 97 REST OF EUROPE: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 98 REST OF EUROPE: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 99 REST OF EUROPE: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 100 REST OF EUROPE: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 101 ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 102 ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 103 ASIA PACIFIC: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 104 ASIA PACIFIC: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 105 ASIA PACIFIC: SMALL SATELLITE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 106 ASIA PACIFIC: SMALL SATELLITE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 107 CHINA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 108 CHINA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 109 CHINA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 110 CHINA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 111 INDIA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 112 INDIA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 113 INDIA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 114 INDIA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 115 JAPAN: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 116 JAPAN: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 117 JAPAN: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 118 JAPAN: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 119 SOUTH KOREA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 120 SOUTH KOREA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 121 SOUTH KOREA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 122 SOUTH KOREA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 123 AUSTRALIA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 124 AUSTRALIA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 125 AUSTRALIA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 126 AUSTRALIA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 127 REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 128 REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 129 REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 130 REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 131 MIDDLE EAST: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 132 MIDDLE EAST: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 133 MIDDLE EAST: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 134 MIDDLE EAST: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 135 MIDDLE EAST: SMALL SATELLITE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 136 MIDDLE EAST: SMALL SATELLITE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 137 UAE: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 138 UAE: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 139 UAE: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 140 UAE: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 141 SAUDI ARABIA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 142 SAUDI ARABIA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 143 SAUDI ARABIA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 144 SAUDI ARABIA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 145 REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 146 REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 147 REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 148 REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 149 REST OF THE WORLD: SMALL SATELLITE MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 150 REST OF THE WORLD: SMALL SATELLITE MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 151 REST OF THE WORLD: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 152 REST OF THE WORLD: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 153 REST OF THE WORLD: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 154 REST OF THE WORLD: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 155 LATIN AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 156 LATIN AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 157 LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 158 LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 159 LATIN AMERICA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 160 LATIN AMERICA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 161 MEXICO: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 162 MEXICO: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 163 MEXICO: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 164 MEXICO: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 165 ARGENTINA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 166 ARGENTINA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 167 ARGENTINA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 168 ARGENTINA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 169 REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 170 REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 171 REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 172 REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 173 AFRICA: SMALL SATELLITE MARKET, BY MASS, 2020–2023 (USD MILLION)
  • TABLE 174 AFRICA: SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • TABLE 175 AFRICA: SMALL SATELLITE MARKET, BY END USE, 2020–2023 (USD MILLION)
  • TABLE 176 AFRICA: SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • TABLE 177 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
  • TABLE 178 SMALL SATELLITE MARKET: DEGREE OF COMPETITION
  • TABLE 179 END USE FOOTPRINT
  • TABLE 180 APPLICATION FOOTPRINT
  • TABLE 181 MASS FOOTPRINT
  • TABLE 182 REGION FOOTPRINT
  • TABLE 183 LIST OF START-UPS/SMES
  • TABLE 184 COMPETITIVE BENCHMARKING OF START-UPS/SMES
  • TABLE 185 SMALL SATELLITE MARKET: PRODUCT LAUNCHES, 2020–2024
  • TABLE 186 SMALL SATELLITE MARKET: DEALS, 2020–2024
  • TABLE 187 SMALL SATELLITE MARKET: OTHERS, 2020–2024
  • TABLE 188 SPACEX: COMPANY OVERVIEW
  • TABLE 189 SPACEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 190 SPACEX: OTHERS
  • TABLE 191 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
  • TABLE 192 LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 193 LOCKHEED MARTIN CORPORATION: OTHERS
  • TABLE 194 AIRBUS DEFENCE AND SPACE: COMPANY OVERVIEW
  • TABLE 195 AIRBUS DEFENCE AND SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 196 AIRBUS DEFENCE AND SPACE: DEALS
  • TABLE 197 AIRBUS DEFENCE AND SPACE: OTHERS
  • TABLE 198 NORTHROP GRUMMAN: COMPANY OVERVIEW
  • TABLE 199 NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 200 NORTHROP GRUMMAN: DEALS
  • TABLE 201 NORTHROP GRUMMAN: OTHERS
  • TABLE 202 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
  • TABLE 203 L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 204 L3HARRIS TECHNOLOGIES, INC.: DEALS
  • TABLE 205 L3HARRIS TECHNOLOGIES, INC.: OTHERS
  • TABLE 206 THALES ALENIA SPACE: COMPANY OVERVIEW
  • TABLE 207 THALES ALENIA SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 208 THALES ALENIA SPACE: DEALS
  • TABLE 209 THALES ALENIA SPACE: OTHERS
  • TABLE 210 MDA: COMPANY OVERVIEW
  • TABLE 211 MDA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 212 MDA: OTHERS
  • TABLE 213 SURREY SATELLITE TECHNOLOGY LTD: COMPANY OVERVIEW
  • TABLE 214 SURREY SATELLITE TECHNOLOGY LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 215 SURREY SATELLITE TECHNOLOGY LTD: DEALS
  • TABLE 216 SURREY SATELLITE TECHNOLOGY LTD: OTHERS
  • TABLE 217 PLANET LABS PBC: COMPANY OVERVIEW
  • TABLE 218 PLANET LABS PBC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 219 PLANET LABS PBC: PRODUCT LAUNCHES
  • TABLE 220 PLANET LABS PBC: DEALS
  • TABLE 221 PLANET LABS PBC: OTHERS
  • TABLE 222 SNC: COMPANY OVERVIEW
  • TABLE 223 SNC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 224 SNC: OTHERS
  • TABLE 225 MAXAR TECHNOLOGIES: COMPANY OVERVIEW
  • TABLE 226 MAXAR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 227 MAXAR TECHNOLOGIES: OTHERS
  • TABLE 228 GOMSPACE: COMPANY OVERVIEW
  • TABLE 229 GOMSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 230 GOMSPACE: DEALS
  • TABLE 231 GOMSPACE: OTHERS
  • TABLE 232 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
  • TABLE 233 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 234 MITSUBISHI ELECTRIC CORPORATION: OTHERS
  • TABLE 235 BAE SYSTEMS: COMPANY OVERVIEW
  • TABLE 236 BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 237 BAE SYSTEMS: DEALS
  • TABLE 238 RTX: COMPANY OVERVIEW
  • TABLE 239 RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 240 RTX: DEALS
  • TABLE 241 RTX: OTHERS
  • TABLE 242 OHB SE: COMPANY OVERVIEW
  • TABLE 243 OHB SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 244 OHB SE: DEALS
  • TABLE 245 OHB SE: OTHERS
  • TABLE 246 THE AEROSPACE CORPORATION: COMPANY OVERVIEW
  • TABLE 247 THE AEROSPACE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 248 THE AEROSPACE CORPORATION: OTHERS
  • TABLE 249 MILLENNIUM SPACE SYSTEMS, INC.: COMPANY OVERVIEW
  • TABLE 250 MILLENNIUM SPACE SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 251 MILLENNIUM SPACE SYSTEMS, INC.: OTHERS
  • TABLE 252 KUIPER SYSTEMS LLC: COMPANY OVERVIEW
  • TABLE 253 KUIPER SYSTEMS LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 254 TERRAN ORBITAL CORPORATION: COMPANY OVERVIEW
  • TABLE 255 TERRAN ORBITAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 256 TERRAN ORBITAL CORPORATION: PRODUCT LAUNCHES
  • TABLE 257 TERRAN ORBITAL CORPORATION: DEALS
  • TABLE 258 TERRAN ORBITAL CORPORATION: OTHERS
  • TABLE 259 AEROSPACELAB: COMPANY OVERVIEW
  • TABLE 260 ENDUROSAT: COMPANY OVERVIEW
  • TABLE 261 NANOAVIONICS: COMPANY OVERVIEW
  • TABLE 262 ALÉN SPACE: COMPANY OVERVIEW
  • TABLE 263 NEARSPACE LAUNCH: COMPANY OVERVIEW
  • TABLE 264 SWARM: COMPANY OVERVIEW
  • TABLE 265 ARGOTEC S.R.L.: COMPANY OVERVIEW
  • TABLE 266 ASTRANIS: COMPANY OVERVIEW
LIST OF FIGURES
 
  • FIGURE 1 SMALL SATELLITE MARKET SEGMENTATION
  • FIGURE 2 RESEARCH DESIGN MODEL
  • FIGURE 3 RESEARCH DESIGN
  • FIGURE 4 BOTTOM-UP APPROACH
  • FIGURE 5 TOP-DOWN APPROACH
  • FIGURE 6 DATA TRIANGULATION
  • FIGURE 7 SMALL SEGMENT TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD
  • FIGURE 8 COMMUNICATIONS SEGMENT TO ACQUIRE MAXIMUM SHARE IN 2029
  • FIGURE 9 LEO SEGMENT TO BE DOMINANT DURING FORECAST PERIOD
  • FIGURE 10 NORTH AMERICA TO BE LARGEST MARKET FOR SMALL SATELLITES IN 2024
  • FIGURE 11 INCREASING USE OF SMALL SATELLITES FOR TRACKING, MONITORING, AND SURVEILLANCE TO DRIVE MARKET
  • FIGURE 12 SATELLITE BUSES TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD
  • FIGURE 13 KU-BAND TO BE LARGEST SEGMENT DURING FORECAST PERIOD
  • FIGURE 14 COMMERCIAL SEGMENT TO BE PREVALENT DURING FORECAST PERIOD
  • FIGURE 15 CANADA TO BE FASTEST-GROWING MARKET FOR SMALL SATELLITES DURING FORECAST PERIOD
  • FIGURE 16 SMALL SATELLITE MARKET DYNAMICS
  • FIGURE 17 SHARE OF SMALL SATELLITES, BY OPERATOR, 2023
  • FIGURE 18 ORBITAL LAUNCHES, BY COUNTRY, 2023
  • FIGURE 19 SPACE JUNK ANALYSIS
  • FIGURE 20 VALUE CHAIN ANALYSIS
  • FIGURE 21 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • FIGURE 22 ECOSYSTEM ANALYSIS
  • FIGURE 23 INVESTMENT AND FUNDING SCENARIO, 2019–2023
  • FIGURE 24 EQUITY INVESTMENTS IN SATELLITES, BY INVESTOR TYPE, 2023
  • FIGURE 25 AVERAGE SELLING PRICE OF SMALL SATELLITES, BY REGION, 2020–2023 (USD MILLION)
  • FIGURE 26 INDICATIVE PRICING ANALYSIS OF SMALL SATELLITES, BY MASS (USD MILLION)
  • FIGURE 27 IMPORT DATA, BY COUNTRY, 2020–2023 (USD THOUSAND)
  • FIGURE 28 EXPORT DATA, BY COUNTRY, 2020–2023 (USD THOUSAND)
  • FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE
  • FIGURE 30 KEY BUYING CRITERIA FOR TOP FOUR APPLICATIONS
  • FIGURE 31 BUSINESS MODELS IN SMALL SATELLITE MARKET
  • FIGURE 32 BUSINESS MODELS IN SATELLITE MANUFACTURING
  • FIGURE 33 BREAKDOWN OF TOTAL COST OF OWNERSHIP
  • FIGURE 34 TOTAL COST OF OWNERSHIP FOR SMALL SATELLITES, BY MASS (USD MILLION)
  • FIGURE 35 BILL OF MATERIALS FOR CUBE SATELLITES
  • FIGURE 36 BILL OF MATERIALS FOR SMALL SATELLITES
  • FIGURE 37 AI IN SPACE
  • FIGURE 38 ADOPTION OF AI IN SPACE BY TOP COUNTRIES
  • FIGURE 39 IMPACT OF AI ON SATELLITE PLATFORMS
  • FIGURE 40 IMPACT OF AI ON SMALL SATELLITE MARKET
  • FIGURE 41 TECHNOLOGY ROADMAP
  • FIGURE 42 EVOLUTION OF SMALL SATELLITE TECHNOLOGIES
  • FIGURE 43 EMERGING TECHNOLOGY TRENDS
  • FIGURE 44 TECHNOLOGY TRENDS
  • FIGURE 45 SUPPLY CHAIN ANALYSIS
  • FIGURE 46 PATENT ANALYSIS
  • FIGURE 47 SMALL SATELLITE MARKET, BY MASS, 2024–2029 (USD MILLION)
  • FIGURE 48 SMALL SATELLITE MARKET, BY SUBSYSTEM, 2024–2029 (USD MILLION)
  • FIGURE 49 SMALL SATELLITE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • FIGURE 50 SMALL SATELLITE MARKET, BY END USE, 2024–2029 (USD MILLION)
  • FIGURE 51 SMALL SATELLITE MARKET, BY FREQUENCY, 2024–2029 (USD MILLION)
  • FIGURE 52 SMALL SATELLITE MARKET, BY ORBIT, 2024–2029 (USD MILLION)
  • FIGURE 53 SMALL SATELLITE MARKET, BY REGION, 2024–2029
  • FIGURE 54 NORTH AMERICA: SMALL SATELLITE MARKET SNAPSHOT
  • FIGURE 55 EUROPE: SMALL SATELLITE MARKET SNAPSHOT
  • FIGURE 56 ASIA PACIFIC: SMALL SATELLITE MARKET SNAPSHOT
  • FIGURE 57 MIDDLE EAST: SMALL SATELLITE MARKET SNAPSHOT
  • FIGURE 58 REST OF THE WORLD: SMALL SATELLITE MARKET SNAPSHOT
  • FIGURE 59 REVENUE ANALYSIS OF TOP FOUR PLAYERS, 2020–2023
  • FIGURE 60 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
  • FIGURE 61 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 62 COMPANY FOOTPRINT
  • FIGURE 63 COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
  • FIGURE 64 VALUATION OF PROMINENT MARKET PLAYERS
  • FIGURE 65 FINANCIAL METRICS OF PROMINENT MARKET PLAYERS
  • FIGURE 66 BRAND/PRODUCT COMPARISON
  • FIGURE 67 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
  • FIGURE 68 AIRBUS DEFENCE AND SPACE: COMPANY SNAPSHOT
  • FIGURE 69 NORTHROP GRUMMAN: COMPANY SNAPSHOT
  • FIGURE 70 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
  • FIGURE 71 MDA: COMPANY SNAPSHOT
  • FIGURE 72 PLANET LABS PBC: COMPANY SNAPSHOT
  • FIGURE 73 MAXAR TECHNOLOGIES: COMPANY SNAPSHOT
  • FIGURE 74 GOMSPACE: COMPANY SNAPSHOT
  • FIGURE 75 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
  • FIGURE 76 BAE SYSTEMS: COMPANY SNAPSHOT
  • FIGURE 77 RTX: COMPANY SNAPSHOT
  • FIGURE 78 OHB SE: COMPANY SNAPSHOT
  • FIGURE 79 TERRAN ORBITAL CORPORATION: COMPANY SNAPSHOT

The study involved four major activities in estimating the current size of the small satellite market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

The ranking analysis of companies in the small satellite market was carried out using secondary data from paid and unpaid sources, as well as by analyzing the product portfolios and service offerings of key companies operating in the market. These companies were rated based on the performance and quality of their products. These data points were further validated by primary sources.

Secondary sources referred for this research study included the European Space Agency (ESA), the National Aeronautics and Space Administration (NASA), the United Nations Conference on Trade and Development (UNCTAD), the Satellite Industry Association (SIA), corporate filings such as annual reports, investor presentations, and financial statements of trade, business, and professional associations. The secondary data was collected and analyzed to arrive at the overall size of the market, which was validated by primary respondents.

Primary Research

Extensive primary research was conducted after obtaining information regarding the small satellite market scenario through secondary research. Several primary interviews were conducted with market experts from both, the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East, and Rest of the World. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors, from business development, marketing, product development/innovation teams, and related key executives from small satellite vendors; system integrators; component providers; distributors; and key opinion leaders.

Primary interviews were conducted to gather insights such as market statistics, data of revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to technology, application, vertical, and region. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs, and installation teams of the customer/end users who are using small satellite were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of small satellite and future outlook of their business which will affect the overall market.

Small Satellite Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The research methodology used to estimate the size of the small satellite market includes the following details.

  • The top-down and bottom-up approaches were used to estimate and validate the size of the small satellite market. The research methodology used to estimate the market size includes the following details.
  • The key players were identified through secondary research, and their market ranking was determined through primary and secondary research. This included a study of the annual and financial reports of the top market players and extensive interviews of leaders, including chief executive officers (CEO), directors, and marketing executives.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

Global small satellite market size: Bottom-Up Approach

The small satellite market, by application and mass, was used as a primary segment for estimating and projecting the global market size from 2024 to 2029.

The market size was calculated by adding the mass subsegments mentioned below, and the different methodologies adopted for each to arrive at the market numbers are delineated below:

Small Satellite Market Size, and Bottom-Up Approach

Global small satellite market Size: Top-Down Approach

In the top-down approach, the overall market size was used to estimate the size of individual markets (mentioned in the market segmentation) acquired through percentage splits from secondary and primary research. The size of the immediate parent market was used to implement the top-down approach and calculate specific market segments. The bottom-up approach was also implemented to validate the revenues obtained for various market segments.

  • Companies manufacturing small satellites and their subsystems are included in the report.
  • The total revenue of these companies was identified through their annual reports and other authentic sources. In cases where annual reports were unavailable, the company revenue was estimated based on the number of employees, sources such as Factiva, ZoomInfo, press releases, and any publicly available data.
  • Company revenue was calculated based on their operating segments.
  • All publicly available company contracts related to small satellites were mapped and summed up.
  • Based on these parameters (contracts, agreements, partnerships, joint ventures, product matrix, secondary research), the share of small satellites in each segment was estimated.

Based on these parameters (contracts, agreements, partnerships, joint ventures, product matrix, secondary research), the share of small satellites in each segment was estimated

Small Satellite Market Size, and Top-Down Approach

Data Triangulation

After arriving at the overall size of the small satellite market from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various segments and sub-segments of the market. The data was triangulated by studying various factors and trends from both the demand and supply sides. The market size was validated using both top-down and bottom-up approaches.

Market Definition

A small satellite, or smallsat, encompasses any satellite with a mass from approximately 1 to 1000 kilograms. These satellites are engineered to perform space missions similar to larger satellites but are constructed using smaller, lighter, and often commercially available components. The classification includes various subcategories like small, mini, micro, nano, and CubeSats, based on their mass. Small satellite typically leverages advancements in miniaturization of technology and are launched either independently or as secondary payloads, allowing for cost-effective access to space and opportunities for high-frequency mission updates and constellation deployment. These satellites are typically used by businesses and governments for a variety of applications including communication, earth observation, and scientific research.

Market Stakeholders

  • Satellite Component Manufacturers
  • Satellite Manufacturers
  • Satellite Integrators
  • Launch Service Providers
  • Government and Civil Organizations Related to the Market
  • Small Satellite Companies
  • Payload Suppliers
  • Scientific Institutions
  • Meteorological Organizations
  • Component Suppliers
  • Technologists
  • R&D Staff

Report Objectives

  • To define, describe, and forecast the size of the small satellite market based on mass, subsystem, end use, application, frequency, orbit, and region
  • To forecast the market size of segments with respect to various regions, including North America, Europe, Asia Pacific, Middle East, and Rest of the World along with major countries in each region
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the small satellite market
  • To analyze technological advancements and product launches in the market
  • To strategically analyze micro markets, with respect to their growth trends, prospects, and their contribution to the market
  • To provide a detailed competitive landscape of the market and analyze competitive growth strategies such as new product developments, contracts, partnerships, joint ventures, agreements, and collaborations adopted by key players in the market
  • To identify the detailed financial position, key products, unique selling points, and key developments of leading companies in the market
  • To strategically profile key market players and comprehensively analyze their market ranking and core competencies.

Available Customizations:

MarketsAndMarkets offers the following customizations for this market report:

  • Additional country-level analysis of the small satellite market
  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company in the small satellite market

Previous Versions of this Report

Small Satellite Market by Mass (Small Satellite, CubeSat), Application, Subsystems (Satellite Bus, Payload, Solar Panel, Satellite Antenna), Frequency, End-use (Commercial, Government & Defence, Dual-use), Orbit and Region - Global Forecast to 2028

Report Code AS 4259
Published in Mar, 2023, By MarketsandMarkets™

Small Satellite Market by Satellite Mass (Small satellite, CubeSat), Application (Communication, Earth Observation & Remote Sensing, Scientific, Technology), Subsystem, Orbit, End User, Frequency and Region - Forecast to 2026

Report Code AS 4259
Published in Feb, 2022, By MarketsandMarkets™

Small Satellite Market by Mass (Nanosatellite, Microsatellite, Minisatellite, CubeSat), Subsystem (Satellite Bus, Payload, Satellite Antenna, Solar Panels), Application, NGEO Orbit, End User, Frequency, and Region - Global Forecast to 2025

Report Code AS 4259
Published in Aug, 2020, By MarketsandMarkets™

Small Satellite Market by Type (Nanosatellite, Microsatellite, Minisatellite), End User (Civil, Defense, Commercial), Application (Earth Observation & Meteorology, Communication, Scientific Research & Exploration), and Region - Global Forecast to 2022

Report Code AS 4259
Published in May, 2017, By MarketsandMarkets™

Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, and Others), by End-User, by Geography - Global Forecast to 2021

Report Code AS 4259
Published in Apr, 2016, By MarketsandMarkets™
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Growth opportunities and latent adjacency in Small Satellite Market

User

Feb, 2020

Hi Team, kindly provide market intelligence on commercial space transportation. Thanks.

User

Feb, 2020

Hi Team, Kindly provide intelligence on space platforms and products such as Göktürk-1, earth observation satellite, Göktürk-2 (launched 2012), earth observation satellite, Göktürk-3 satellite, Türksat 6A, communications satellite. Thanks, Turkish aerospace. .

Oliver

May, 2019

Looking into the current small satellite quantitative trend over the past few years (mainly micro/mini satellite size) and any future predictions..

Colon

Aug, 2019

VACCO builds small propulsion systems for several prime contractors. We are evaluating investing in additional B&L and M&E to support this product line and would like to understand how large is the market place, key suppliers, and timeline with the technology. [email protected] .

Guido

Apr, 2019

Looking to estimate the potential market for much lower-cost liquid propellant rocket engine; scalable across a wide range of thrusts for boost, sustain, orbital, and planetary ascent applications..

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