1. Market Research
  2. > Aerospace and Defence Market Trends
Small Satellite Market by Type, End User, Application, and Region - Global Forecast to 2022

Small Satellite Market: Global Forecast until 2022

  • June 2017
  • 165 pages
  • ID: 4944760
In this report:
The nanosatellite segment is expected to grow at a CAGR of ##.##% during the forecast period while the minisatellite segment is anticipated to grow at a CAGR of ##.##% during the forecast period.
The defense segment is expected to grow at a CAGR of ##.##% during the forecast period while civil segment is anticipated to grow at a significant CAGR of ##.##% during the forecast period.

Summary

Table of Contents

Search Inside

"Satellite miniaturization, and decline in development as well as launching cost are forecast to steer the small satellite market"

The small satellite market is projected to be ~$2.9B in 2017 and is projected to extend ~$7.5B by 2022, at a compound annual growth rate of ~20.8 percent during the forecast period. Key Elements such as proposed development of satellite networks to offer internet access to areas without broadband connectivity and satellite miniaturization are anticipated to fuel the rise of the small satellite market. Nevertheless, Elements such as lack of dedicated launch vehicles and design-related limitations may act as business restraints for increase of the small satellite market.

"Established on category, the minisatellite segment is anticipated to lead the small satellite market while the nanosatellite segment is expected to grow at the maximal rate during the estimate period"

Established on category, the minisatellite segment is estimated to result the small satellite market during the outlook period. These satellites are used in several applications including telecommunication, earth observation & meteorology, scientific research & exploration, mapping & navigation, and surveillance & security.

The nanosatellite segment is forecasted to witness the highest increase. Low mission cost of nanosatellites has led to the adoption of these small satellites in the defense industry.

"Established on end-user, the commercial segment is anticipated to lead the small satellite market during the estimate period"

Established on final user, the commercial segment is estimated to result the small satellite market during the outlook period, succeeded by the civic segment. Small satellites help commercial firms to gather overall real-time data and distribute it at a surprisingly low price to their customers across a wide geographic area. Moreover, advancements in terrestrial computing and the satellites ability to communicate with one another have helped to enhance small satellites' usefulness in scientific research.

"North America continent is expected to account for the most important share of the small satellite market in 2017"

North America (NA) led the small satellite market in 2016. The increasing demand for small satellites in the defense market is due to their use for surveillance activities, which ensures continued access to real-time data. The small satellite market in North America continent is forecasted to account for biggest market share in 2017.

Break-up of profiles of primary members taking part in this business report:

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

• By Area: North America (NA) - 45.0 percent, EU - 20.0 percent, Asia-Pac - 30.0 percent, RoW - 5.0 percent

Top players decribed in the small satellite market report contain Sierra Nevada Corporation, Planet Labs, Surrey Satellite Technology Ltd., Space Exploration Technologies Corporation, Airbus Defense and Space, and Singapore Technologies Engineering Limited, among others.

Segment Research

The study segments the small satellite market based on type, end-user, and application, and maps these segments and sub-segments across main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and RoW. On the basis of class, the small satellite market has been split into nanosatellite, microsatellite, and minisatellite. On the basis of end user, the small satellite market has been divided into civil, defense, and commercial. Established on application, the small satellite market has been broken down into earth observation & meteorology, communication, surveillance & security, scientific research & exploration, and mapping & navigation. The study offers detailed market intelligence regarding market dynamics and main Elements such as drivers, industry restraints, possibilities, and market-specific challenges influencing the increase of the small satellite market, together with analyzing micromarkets with respect to individual developments trends, future perspectives, and their contribution to the small satellite market.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses - industry study, market share research of top players, supply chain research, and company descriptions, which together comprise and examine basic views on opposing landscape, coming out and high increase segments of the small satellite market, high increase regions, and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on small satellite offerings by key players in the industry

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the small satellite market

• Market Development: Highlighted information about lucrative sectors - the market research examines the sector for small satellite across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the small satellite market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the small satellite market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Small Satellite Services Market by Platform, Vertical, Application And Region - Global Forecast to 2022

Small Satellite Services Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • March 2018
  • by MarketsandMarkets

Satellite miniaturization and increasing demand for earth observation and satellite broadband services are expected to drive the small satellite services market during the forecast periodThe small satellite ...

Global Satellite Manufacturing and Launch Market 2018-2022

Satellite Manufacturing and Launch Sector: Worldwide Forecast until 2022

  • $ 2500
  • Industry report
  • March 2018
  • by Infiniti Research Limited

About Satellite Manufacturing and LaunchA satellite is an artificial object that is placed in the orbit by a rocket and is used to serves in applications such as navigation, communication, Earth observation, ...

Satellite Communication Equipment Market by Product, Technology, End-Use, Vertical And Region - Global Forecast to 2022

Satellite Communication Equipment Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • April 2018
  • by MarketsandMarkets

Factors such as growing need for uninterrupted communication in various industries and increasing use of SATCOM equipment in space exploration, telecommunication, & telemetry will drive the SATCOM equipment ...


ref:plp2017

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on