Nanosatellite And Microsatellite Market
Nanosatellite & Microsatellite - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Nanosatellite & Microsatellite market is accounted for $1.48 billion in 2019 and is expected to reach $5.69 billion by 2027 growing at a CAGR of 18.3% during the forecast period. Constant advancements in the miniaturization of technologies, such as electronics, low-mission costs, growing demand for earth observation related application and the increasing use of satellite constellations are the major factors driving the market growth. However, limited access to space is restraining the market growth.
Nanosatellites and microsatellites refer to miniaturized artificial satellites that weigh between 1 to 10 kilograms. They circle the earth in a polar (elliptical or circular) orbit and are usually launched at low altitudes. They travel at high speeds and offer optimum solutions for remote sensing, communications, and land observations. These satellites consist of various software, hardware, and data processing devices that are also used for geographical mapping, scientific research and navigation. The data obtained from these satellites is processed and used for improving water management and carrying out relief and defense operations.
Based on end user, the commercial segment accounted for considerable market share during the forecast period due as nanosatellites or microsatellites help commercial companies gather global real-time data and distribute the same at low prices to customers across a wide geographic area. By geography, North America held largest market share during forecast period due to presence of large space organizations and private companies specializing in cutting edge satellite technologies.
Some of the key players profiled in the Nanosatellite & Microsatellite Market include Clyde Space Inc., GomSpace, Innovative Solutions In Space (ISIS) Group, Lockheed Martin Corporation, Planet Labs, Inc., Raytheon, RUAG Group, Sierra Nevada Corporation, Skybox Imaging Inc. and SpaceQuest Ltd.
Types Covered:
• Hardware
• Launch Services
• Software and Data Processing
• Space Services
Masses Covered:
• Nanosatellite (0-10 Kg)
• Microsatellite (11-200 Kg)
Orbits Covered:
• Low Earth Orbit (LEO) Non-Polar Inclined
• Low Earth Orbit (LEO) Syn-Synchronous Orbit
• Low Earth Orbit (LEO) Polar Orbit
Components Covered:
• Attitude Control System
• On-Board Computer
• Payload (Structure)
• Power System
• Propulsion System
• Telecommunication
• Solar Panel
• Antennas
• Sensors & Actuators
• Thermal Control System
Bands Covered:
• Ka-band
• K-Band
• X-Band
Applications Covered:
• Academic Training
• Biological Experiments
• Climate
• Communication
• Earth Observation and Remote Sensing
• Mapping and Navigation
• Power
• Reconnaissance
• Scientific Research
• Technology Demonstration and Verification
End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Civil
• Commercial
• Defense & Security
• Educational
• Energy & Infrastructure
• Government
• Healthcare
• Information Technology (IT) & Telecom
• Manufacturing
• Maritime & Transportation
• Media & Entertainment
• Non-Profit
• Public Sector
• Retail
• Agency
• Broadcasting
• Independent
• Science & Environment
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Nanosatellite & Microsatellite Market, By Type
5.1 Introduction
5.2 Hardware
5.3 Launch Services
5.4 Software and Data Processing
5.5 Space Services
6 Global Nanosatellite & Microsatellite Market, By Mass
6.1 Introduction
6.2 Nanosatellite (0-10 Kg)
6.3 Microsatellite (11-200 Kg)
7 Global Nanosatellite & Microsatellite Market, By Orbit
7.1 Introduction
7.2 Low Earth Orbit (LEO) Non-Polar Inclined
7.3 Low Earth Orbit (LEO) Syn-Synchronous Orbit
7.4 Low Earth Orbit (LEO) Polar Orbit
8 Global Nanosatellite & Microsatellite Market, By Component
8.1 Introduction
8.2 Attitude Control System
8.3 On-Board Computer
8.4 Payload (Structure)
8.5 Power System
8.6 Propulsion System
8.7 Telecommunication
8.8 Solar Panel
8.9 Antennas
8.10 Sensors & Actuators
8.11 Thermal Control System
9 Global Nanosatellite & Microsatellite Market, By Band
9.1 Introduction
9.2 Ka-band
9.3 K-Band
9.4 X-Band
10 Global Nanosatellite & Microsatellite Market, By Application
10.1 Introduction
10.2 Academic Training
10.3 Biological Experiments
10.4 Climate
10.5 Communication
10.6 Earth Observation and Remote Sensing
10.7 Mapping and Navigation
10.8 Power
10.9 Reconnaissance
10.10 Scientific Research
10.11 Technology Demonstration and Verification
11 Global Nanosatellite & Microsatellite Market, By End User
11.1 Introduction
11.2 Banking, Financial Services and Insurance (BFSI)
11.3 Civil
11.4 Commercial
11.5 Defense & Security
11.6 Educational
11.7 Energy & Infrastructure
11.8 Government
11.9 Healthcare
11.10 Information Technology (IT) & Telecom
11.11 Manufacturing
11.12 Maritime & Transportation
11.13 Media & Entertainment
11.14 Non-Profit
11.15 Public Sector
11.16 Retail
11.17 Agency
11.18 Broadcasting
11.19 Independent
11.20 Science & Environment
12 Global Nanosatellite & Microsatellite Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Clyde Space Inc.
14.2 GomSpace
14.3 Innovative Solutions In Space (ISIS) Group
14.4 Lockheed Martin Corporation
14.5 Planet Labs, Inc.
14.6 Raytheon
14.7 RUAG Group
14.8 Sierra Nevada Corporation
14.9 Skybox Imaging Inc.
14.10 SpaceQuest Ltd.
List of Tables
1 Global Nanosatellite & Microsatellite Market Outlook, By Region (2018-2027) (US $MN)
2 Global Nanosatellite & Microsatellite Market Outlook, By Type (2018-2027) (US $MN)
3 Global Nanosatellite & Microsatellite Market Outlook, By Hardware (2018-2027) (US $MN)
4 Global Nanosatellite & Microsatellite Market Outlook, By Launch Services (2018-2027) (US $MN)
5 Global Nanosatellite & Microsatellite Market Outlook, By Software and Data Processing (2018-2027) (US $MN)
6 Global Nanosatellite & Microsatellite Market Outlook, By Space Services (2018-2027) (US $MN)
7 Global Nanosatellite & Microsatellite Market Outlook, By Mass (2018-2027) (US $MN)
8 Global Nanosatellite & Microsatellite Market Outlook, By Nanosatellite (0-10 Kg) (2018-2027) (US $MN)
9 Global Nanosatellite & Microsatellite Market Outlook, By Microsatellite (11-200 Kg) (2018-2027) (US $MN)
10 Global Nanosatellite & Microsatellite Market Outlook, By Orbit (2018-2027) (US $MN)
11 Global Nanosatellite & Microsatellite Market Outlook, By Low Earth Orbit (LEO) Non-Polar Inclined (2018-2027) (US $MN)
12 Global Nanosatellite & Microsatellite Market Outlook, By Low Earth Orbit (LEO) Syn-Synchronous Orbit (2018-2027) (US $MN)
13 Global Nanosatellite & Microsatellite Market Outlook, By Low Earth Orbit (LEO) Polar Orbit (2018-2027) (US $MN)
14 Global Nanosatellite & Microsatellite Market Outlook, By Component (2018-2027) (US $MN)
15 Global Nanosatellite & Microsatellite Market Outlook, By Attitude Control System (2018-2027) (US $MN)
16 Global Nanosatellite & Microsatellite Market Outlook, By On-Board Computer (2018-2027) (US $MN)
17 Global Nanosatellite & Microsatellite Market Outlook, By Payload (Structure) (2018-2027) (US $MN)
18 Global Nanosatellite & Microsatellite Market Outlook, By Power System (2018-2027) (US $MN)
19 Global Nanosatellite & Microsatellite Market Outlook, By Propulsion System (2018-2027) (US $MN)
20 Global Nanosatellite & Microsatellite Market Outlook, By Telecommunication (2018-2027) (US $MN)
21 Global Nanosatellite & Microsatellite Market Outlook, By Solar Panel (2018-2027) (US $MN)
22 Global Nanosatellite & Microsatellite Market Outlook, By Antennas (2018-2027) (US $MN)
23 Global Nanosatellite & Microsatellite Market Outlook, By Sensors & Actuators (2018-2027) (US $MN)
24 Global Nanosatellite & Microsatellite Market Outlook, By Thermal Control System (2018-2027) (US $MN)
25 Global Nanosatellite & Microsatellite Market Outlook, By Band (2018-2027) (US $MN)
26 Global Nanosatellite & Microsatellite Market Outlook, By Ka-band (2018-2027) (US $MN)
27 Global Nanosatellite & Microsatellite Market Outlook, By K-Band (2018-2027) (US $MN)
28 Global Nanosatellite & Microsatellite Market Outlook, By X-Band (2018-2027) (US $MN)
29 Global Nanosatellite & Microsatellite Market Outlook, By Application (2018-2027) (US $MN)
30 Global Nanosatellite & Microsatellite Market Outlook, By Academic Training (2018-2027) (US $MN)
31 Global Nanosatellite & Microsatellite Market Outlook, By Biological Experiments (2018-2027) (US $MN)
32 Global Nanosatellite & Microsatellite Market Outlook, By Climate (2018-2027) (US $MN)
33 Global Nanosatellite & Microsatellite Market Outlook, By Communication (2018-2027) (US $MN)
34 Global Nanosatellite & Microsatellite Market Outlook, By Earth Observation and Remote Sensing (2018-2027) (US $MN)
35 Global Nanosatellite & Microsatellite Market Outlook, By Mapping and Navigation (2018-2027) (US $MN)
36 Global Nanosatellite & Microsatellite Market Outlook, By Power (2018-2027) (US $MN)
37 Global Nanosatellite & Microsatellite Market Outlook, By Reconnaissance (2018-2027) (US $MN)
38 Global Nanosatellite & Microsatellite Market Outlook, By Scientific Research (2018-2027) (US $MN)
39 Global Nanosatellite & Microsatellite Market Outlook, By Technology Demonstration and Verification (2018-2027) (US $MN)
40 Global Nanosatellite & Microsatellite Market Outlook, By End User (2018-2027) (US $MN)
41 Global Nanosatellite & Microsatellite Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2018-2027) (US $MN)
42 Global Nanosatellite & Microsatellite Market Outlook, By Civil (2018-2027) (US $MN)
43 Global Nanosatellite & Microsatellite Market Outlook, By Commercial (2018-2027) (US $MN)
44 Global Nanosatellite & Microsatellite Market Outlook, By Defense & Security (2018-2027) (US $MN)
45 Global Nanosatellite & Microsatellite Market Outlook, By Educational (2018-2027) (US $MN)
46 Global Nanosatellite & Microsatellite Market Outlook, By Energy & Infrastructure (2018-2027) (US $MN)
47 Global Nanosatellite & Microsatellite Market Outlook, By Government (2018-2027) (US $MN)
48 Global Nanosatellite & Microsatellite Market Outlook, By Healthcare (2018-2027) (US $MN)
49 Global Nanosatellite & Microsatellite Market Outlook, By Information Technology (IT) & Telecom (2018-2027) (US $MN)
50 Global Nanosatellite & Microsatellite Market Outlook, By Manufacturing (2018-2027) (US $MN)
51 Global Nanosatellite & Microsatellite Market Outlook, By Maritime & Transportation (2018-2027) (US $MN)
52 Global Nanosatellite & Microsatellite Market Outlook, By Media & Entertainment (2018-2027) (US $MN)
53 Global Nanosatellite & Microsatellite Market Outlook, By Non-Profit (2018-2027) (US $MN)
54 Global Nanosatellite & Microsatellite Market Outlook, By Public Sector (2018-2027) (US $MN)
55 Global Nanosatellite & Microsatellite Market Outlook, By Retail (2018-2027) (US $MN)
56 Global Nanosatellite & Microsatellite Market Outlook, By Agency (2018-2027) (US $MN)
57 Global Nanosatellite & Microsatellite Market Outlook, By Broadcasting (2018-2027) (US $MN)
58 Global Nanosatellite & Microsatellite Market Outlook, By Independent (2018-2027) (US $MN)
59 Global Nanosatellite & Microsatellite Market Outlook, By Science & Environment (2018-2027) (US $MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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