Global Small Satellite Market Insights, Forecast to 2025
Table of Contents
1 Study Coverage
- 1.1 Small Satellite Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Small Satellite Market Size Growth Rate by Type
- 1.4.2 Microsatellite
- 1.4.3 Nanosatellite
- 1.5 Market by Application
- 1.5.1 Global Small Satellite Market Size Growth Rate by Application
- 1.5.2 National Security
- 1.5.3 Science & Environment
- 1.5.4 Commerce
- 1.5.5 Others
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Small Satellite Market Size
- 2.1.1 Global Small Satellite Revenue 2014-2025
- 2.1.2 Global Small Satellite Production 2014-2025
- 2.2 Small Satellite Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Small Satellite Manufacturers
- 2.3.2.1 Small Satellite Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Small Satellite Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Small Satellite Market
- 2.4 Key Trends for Small Satellite Markets & Products
3 Market Size by Manufacturers
- 3.1 Small Satellite Production by Manufacturers
- 3.1.1 Small Satellite Production by Manufacturers
- 3.1.2 Small Satellite Production Market Share by Manufacturers
- 3.2 Small Satellite Revenue by Manufacturers
- 3.2.1 Small Satellite Revenue by Manufacturers (2014-2019)
- 3.2.2 Small Satellite Revenue Share by Manufacturers (2014-2019)
- 3.3 Small Satellite Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Small Satellite Production by Regions
- 4.1 Global Small Satellite Production by Regions
- 4.1.1 Global Small Satellite Production Market Share by Regions
- 4.1.2 Global Small Satellite Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Small Satellite Production
- 4.2.2 United States Small Satellite Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Small Satellite Import & Export
- 4.3 Europe
- 4.3.1 Europe Small Satellite Production
- 4.3.2 Europe Small Satellite Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Small Satellite Import & Export
- 4.4 China
- 4.4.1 China Small Satellite Production
- 4.4.2 China Small Satellite Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Small Satellite Import & Export
- 4.5 Japan
- 4.5.1 Japan Small Satellite Production
- 4.5.2 Japan Small Satellite Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Small Satellite Import & Export
- 4.6 Other regions
- 4.6.1 Other regions Small Satellite Production
- 4.6.2 Other regions Small Satellite Revenue
- 4.6.3 Key Players in Other regions
- 4.6.4 Other regions Small Satellite Import & Export
5 Small Satellite Consumption by Regions
- 5.1 Global Small Satellite Consumption by Regions
- 5.1.1 Global Small Satellite Consumption by Regions
- 5.1.2 Global Small Satellite Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Small Satellite Consumption by Application
- 5.2.2 North America Small Satellite Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Small Satellite Consumption by Application
- 5.3.2 Europe Small Satellite Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Small Satellite Consumption by Application
- 5.4.2 Asia Pacific Small Satellite Consumption by Regions
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Small Satellite Consumption by Application
- 5.5.2 Central & South America Small Satellite Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Small Satellite Consumption by Application
- 5.6.2 Middle East and Africa Small Satellite Consumption by Countries
- 5.6.3 Turkey
- 5.6.4 GCC Countries
- 5.6.5 Egypt
- 5.6.6 South Africa
6 Market Size by Type
- 6.1 Global Small Satellite Production by Type
- 6.2 Global Small Satellite Revenue by Type
- 6.3 Small Satellite Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Small Satellite Breakdown Dada by Application
- 7.2.1 Global Small Satellite Consumption by Application
- 7.2.2 Global Small Satellite Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Lockheed Martin
- 8.1.1 Lockheed Martin Company Details
- 8.1.2 Company Overview
- 8.1.3 Lockheed Martin Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Lockheed Martin Small Satellite Product Description
- 8.1.5 Lockheed Martin Recent Development
- 8.2 Northrop Gruman
- 8.2.1 Northrop Gruman Company Details
- 8.2.2 Company Overview
- 8.2.3 Northrop Gruman Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.2.4 Northrop Gruman Small Satellite Product Description
- 8.2.5 Northrop Gruman Recent Development
- 8.3 Raytheon
- 8.3.1 Raytheon Company Details
- 8.3.2 Company Overview
- 8.3.3 Raytheon Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Raytheon Small Satellite Product Description
- 8.3.5 Raytheon Recent Development
- 8.4 Dynetics
- 8.4.1 Dynetics Company Details
- 8.4.2 Company Overview
- 8.4.3 Dynetics Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.4.4 Dynetics Small Satellite Product Description
- 8.4.5 Dynetics Recent Development
- 8.5 Surrey Satellite Technology
- 8.5.1 Surrey Satellite Technology Company Details
- 8.5.2 Company Overview
- 8.5.3 Surrey Satellite Technology Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.5.4 Surrey Satellite Technology Small Satellite Product Description
- 8.5.5 Surrey Satellite Technology Recent Development
- 8.6 Axelspace
- 8.6.1 Axelspace Company Details
- 8.6.2 Company Overview
- 8.6.3 Axelspace Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.6.4 Axelspace Small Satellite Product Description
- 8.6.5 Axelspace Recent Development
- 8.7 Sierra Nevada
- 8.7.1 Sierra Nevada Company Details
- 8.7.2 Company Overview
- 8.7.3 Sierra Nevada Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.7.4 Sierra Nevada Small Satellite Product Description
- 8.7.5 Sierra Nevada Recent Development
- 8.8 Clyde Space
- 8.8.1 Clyde Space Company Details
- 8.8.2 Company Overview
- 8.8.3 Clyde Space Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.8.4 Clyde Space Small Satellite Product Description
- 8.8.5 Clyde Space Recent Development
- 8.9 Planet Labs
- 8.9.1 Planet Labs Company Details
- 8.9.2 Company Overview
- 8.9.3 Planet Labs Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.9.4 Planet Labs Small Satellite Product Description
- 8.9.5 Planet Labs Recent Development
- 8.10 Dauria Aerospace
- 8.10.1 Dauria Aerospace Company Details
- 8.10.2 Company Overview
- 8.10.3 Dauria Aerospace Small Satellite Production Revenue and Gross Margin (2014-2019)
- 8.10.4 Dauria Aerospace Small Satellite Product Description
- 8.10.5 Dauria Aerospace Recent Development
- 8.11 CASC
9 Production Forecasts
- 9.1 Small Satellite Production and Revenue Forecast
- 9.1.1 Global Small Satellite Production Forecast 2019-2025
- 9.1.2 Global Small Satellite Revenue Forecast 2019-2025
- 9.2 Small Satellite Production and Revenue Forecast by Regions
- 9.2.1 Global Small Satellite Revenue Forecast by Regions
- 9.2.2 Global Small Satellite Production Forecast by Regions
- 9.3 Small Satellite Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.3.5 Other regions
- 9.4 Forecast by Type
- 9.4.1 Global Small Satellite Production Forecast by Type
- 9.4.2 Global Small Satellite Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Small Satellite Consumption Forecast by Application
- 10.2 Small Satellite Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Small Satellite Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Small Satellite Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Small Satellite Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Small Satellite Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Small Satellite Consumption Forecast by Regions 2019-2025
- 10.7.2 Turkey
- 10.7.3 GCC Countries
- 10.7.4 Egypt
- 10.7.5 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 Small Satellite Sales Channels
- 11.2.2 Small Satellite Distributors
- 11.3 Small Satellite Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
- 12.4 Porter’s Five Forces Analysis
13 Key Findings in the Global Small Satellite Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
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.
Global Small Satellite industry shows a high concentration degree due to the high technical barriers. In terms of geography, North America is the largest production region with a 63.75% global market share in 2018, followed by Europe with 19.12%.
The Small Satellite market was valued at 566.1 Million US$ in 2018 and is projected to reach 1958.1 Million US$ by 2025, at a CAGR of 19.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Small Satellite.
This report presents the worldwide Small Satellite market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Small Satellite Breakdown Data by Type
Microsatellite
Nanosatellite
Microsatellite takes no more than 30% market share of Small Satellite in 2018.
Nanosatellite has over 70% market share of Small Satellite in 2018, and it will hold the larger share in the whole market in the next years.
Small Satellite Breakdown Data by Application
National Security
Science & Environment
Commerce
Others
National Security is the main application of Small Satellite in 2018 over 40%, and it will hold the largest share in the next years.
The market share of Small Satellite of science and environment in 2018 is above 20%.
Commerce has about 25% market share of Small Satellite in 2018.
Small Satellite Production by Region
United States
Europe
China
Japan
Other regions
Small Satellite Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Central & South America
Brazil
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
The study objectives are:
To analyze and research the global Small Satellite status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Small Satellite manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Small Satellite :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Small Satellite market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.