Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Small Satellite, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Small Satellite. This report contains market size and forecasts of Small Satellite in global, including the following market information:
Global Small Satellite Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Small Satellite Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Small Satellite companies in 2022 (%)
The global Small Satellite market was valued at US$ 1059.8 million in 2022 and is projected to reach US$ 3412.8 million by 2029, at a CAGR of 18.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Small Satellite key players include Lockheed Martin, Northrop Gruman, Raytheon, etc. Global top three manufacturers hold a share about 50%.
United States is the largest market, with a share over 70%, followed by Europe and China, both have a share about 25 percent.
In terms of product, Nanosatellite is the largest segment, with a share over 50%. And in terms of application, the largest application is National Security, followed by Commerce.
We surveyed the Small Satellite manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Small Satellite Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Small Satellite Market Segment Percentages, by Type, 2022 (%)
Microsatellite
Nanosatellite
Global Small Satellite Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Small Satellite Market Segment Percentages, by Application, 2022 (%)
National Security
Science & Environment
Commerce
Others
Global Small Satellite Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Small Satellite Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Small Satellite revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Small Satellite revenues share in global market, 2022 (%)
Key companies Small Satellite sales in global market, 2018-2023 (Estimated), (Units)
Key companies Small Satellite sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Small Satellite, market overview.
Chapter 2: Global Small Satellite market size in revenue and volume.
Chapter 3: Detailed analysis of Small Satellite manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Small Satellite in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Small Satellite capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
