This report studies the Nanosatellite and Microsatellite market, the term "microsatellite" or "microsat" is usually applied to the name of an artificial satellite with a wet mass between 10 and 100 kg (22 and 220 lb). The term "nanosatellite" or "nanosat" is applied to an artificial satellite with a wet mass between 1 and 10 kg (2.2 and 22.0 lb).
In recent time, high growth in the communication, scientific research, earth observation and other industries is some of the major drivers of global Nanosatellite and Microsatellite industry.
In the past five years, global Nanosatellite and Microsatellite industry has experienced a period of rapid growth, in 2017, the production was about 168 Units, and in 2018, the production will be about 218 Units.
Global Nanosatellite and Microsatellite industry shows a high concentration degree due to the high technical barriers. In terms of geography, North America is the largest consumption region with a 51.54% global market share in 2017, followed by Europe with 30.79%.
According to this study, over the next five years the Nanosatellite and Microsatellite market will register a 19.0% CAGR in terms of revenue, the global market size will reach US$ 1250 million by 2024, from US$ 520 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Nanosatellite and Microsatellite business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Nanosatellite and Microsatellite market by product type, application, key manufacturers and key regions and countries.
This study considers the Nanosatellite and Microsatellite value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Nanosatellite
Microsatellite
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
National Security
Science & Environment
Commerce
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Nanosatellite and Microsatellite consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Nanosatellite and Microsatellite market by identifying its various subsegments.
Focuses on the key global Nanosatellite and Microsatellite manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Nanosatellite and Microsatellite with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Nanosatellite and Microsatellite submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Nanosatellite and Microsatellite . Industry analysis & Market Report on Nanosatellite and Microsatellite is a syndicated market report, published as Global Nanosatellite and Microsatellite Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Nanosatellite and Microsatellite market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.