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Microsatellite-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Microsatellite market size is expected to reach US$ 1308 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Microsatellite in various end use industries. The expanding demands from the National Security, Science & Environment, Commerce and Others, are propelling Microsatellite market. 100-500 KG, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 10-100KG segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microsatellite, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microsatellite market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microsatellite market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microsatellite sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microsatellite covered in this report include Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Surrey Satellite Technology, Axelspace, Sierra Nevada, Clyde Space and Planet Labs, etc.
The global Microsatellite market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Global Microsatellite market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microsatellite market, Segment by Type:
100-500 KG
10-100KG
1-10KG
Below 1KG
Global Microsatellite market, by Application
National Security
Science & Environment
Commerce
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Microsatellite manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Microsatellite in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Microsatellite market size is expected to reach US$ 1308 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Microsatellite in various end use industries. The expanding demands from the National Security, Science & Environment, Commerce and Others, are propelling Microsatellite market. 100-500 KG, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 10-100KG segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microsatellite, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microsatellite market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microsatellite market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microsatellite sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microsatellite covered in this report include Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Surrey Satellite Technology, Axelspace, Sierra Nevada, Clyde Space and Planet Labs, etc.
The global Microsatellite market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Global Microsatellite market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microsatellite market, Segment by Type:
100-500 KG
10-100KG
1-10KG
Below 1KG
Global Microsatellite market, by Application
National Security
Science & Environment
Commerce
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Microsatellite manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Microsatellite in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Microsatellite Market Overview
1.1 Microsatellite Product Overview
1.2 Microsatellite Market Segment by Type
1.2.1 100-500 KG
1.2.2 10-100KG
1.2.3 1-10KG
1.2.4 Below 1KG
1.3 Global Microsatellite Market Size by Type
1.3.1 Global Microsatellite Market Size Overview by Type (2018-2029)
1.3.2 Global Microsatellite Historic Market Size Review by Type (2018-2023)
1.3.3 Global Microsatellite Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Microsatellite Sales Breakdown by Type (2018-2023)
1.4.2 Europe Microsatellite Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Microsatellite Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Microsatellite Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Microsatellite Sales Breakdown by Type (2018-2023)
2 Global Microsatellite Market Competition by Company
2.1 Global Top Players by Microsatellite Sales (2018-2023)
2.2 Global Top Players by Microsatellite Revenue (2018-2023)
2.3 Global Top Players by Microsatellite Price (2018-2023)
2.4 Global Top Manufacturers Microsatellite Manufacturing Base Distribution, Sales Area, Product Type
2.5 Microsatellite Market Competitive Situation and Trends
2.5.1 Microsatellite Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Microsatellite Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Microsatellite as of 2022)
2.7 Date of Key Manufacturers Enter into Microsatellite Market
2.8 Key Manufacturers Microsatellite Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Microsatellite Status and Outlook by Region
3.1 Global Microsatellite Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Microsatellite Historic Market Size by Region
3.2.1 Global Microsatellite Sales in Volume by Region (2018-2023)
3.2.2 Global Microsatellite Sales in Value by Region (2018-2023)
3.2.3 Global Microsatellite Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Microsatellite Forecasted Market Size by Region
3.3.1 Global Microsatellite Sales in Volume by Region (2024-2029)
3.3.2 Global Microsatellite Sales in Value by Region (2024-2029)
3.3.3 Global Microsatellite Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Microsatellite by Application
4.1 Microsatellite Market Segment by Application
4.1.1 National Security
4.1.2 Science & Environment
4.1.3 Commerce
4.1.4 Others
4.2 Global Microsatellite Market Size by Application
4.2.1 Global Microsatellite Market Size Overview by Application (2018-2029)
4.2.2 Global Microsatellite Historic Market Size Review by Application (2018-2023)
4.2.3 Global Microsatellite Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Microsatellite Sales Breakdown by Application (2018-2023)
4.3.2 Europe Microsatellite Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Microsatellite Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Microsatellite Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Microsatellite Sales Breakdown by Application (2018-2023)
5 North America Microsatellite by Country
5.1 North America Microsatellite Historic Market Size by Country
5.1.1 North America Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Microsatellite Sales in Volume by Country (2018-2023)
5.1.3 North America Microsatellite Sales in Value by Country (2018-2023)
5.2 North America Microsatellite Forecasted Market Size by Country
5.2.1 North America Microsatellite Sales in Volume by Country (2024-2029)
5.2.2 North America Microsatellite Sales in Value by Country (2024-2029)
6 Europe Microsatellite by Country
6.1 Europe Microsatellite Historic Market Size by Country
6.1.1 Europe Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Microsatellite Sales in Volume by Country (2018-2023)
6.1.3 Europe Microsatellite Sales in Value by Country (2018-2023)
6.2 Europe Microsatellite Forecasted Market Size by Country
6.2.1 Europe Microsatellite Sales in Volume by Country (2024-2029)
6.2.2 Europe Microsatellite Sales in Value by Country (2024-2029)
7 Asia-Pacific Microsatellite by Region
7.1 Asia-Pacific Microsatellite Historic Market Size by Region
7.1.1 Asia-Pacific Microsatellite Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Microsatellite Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Microsatellite Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Microsatellite Forecasted Market Size by Region
7.2.1 Asia-Pacific Microsatellite Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Microsatellite Sales in Value by Region (2024-2029)
8 Latin America Microsatellite by Country
8.1 Latin America Microsatellite Historic Market Size by Country
8.1.1 Latin America Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Microsatellite Sales in Volume by Country (2018-2023)
8.1.3 Latin America Microsatellite Sales in Value by Country (2018-2023)
8.2 Latin America Microsatellite Forecasted Market Size by Country
8.2.1 Latin America Microsatellite Sales in Volume by Country (2024-2029)
8.2.2 Latin America Microsatellite Sales in Value by Country (2024-2029)
9 Middle East and Africa Microsatellite by Country
9.1 Middle East and Africa Microsatellite Historic Market Size by Country
9.1.1 Middle East and Africa Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Microsatellite Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Microsatellite Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Microsatellite Forecasted Market Size by Country
9.2.1 Middle East and Africa Microsatellite Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Microsatellite Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lockheed Martin
10.1.1 Lockheed Martin Company Information
10.1.2 Lockheed Martin Introduction and Business Overview
10.1.3 Lockheed Martin Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lockheed Martin Microsatellite Products Offered
10.1.5 Lockheed Martin Recent Development
10.2 Northrop Gruman
10.2.1 Northrop Gruman Company Information
10.2.2 Northrop Gruman Introduction and Business Overview
10.2.3 Northrop Gruman Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Northrop Gruman Microsatellite Products Offered
10.2.5 Northrop Gruman Recent Development
10.3 Raytheon
10.3.1 Raytheon Company Information
10.3.2 Raytheon Introduction and Business Overview
10.3.3 Raytheon Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Raytheon Microsatellite Products Offered
10.3.5 Raytheon Recent Development
10.4 Dynetics
10.4.1 Dynetics Company Information
10.4.2 Dynetics Introduction and Business Overview
10.4.3 Dynetics Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dynetics Microsatellite Products Offered
10.4.5 Dynetics Recent Development
10.5 Surrey Satellite Technology
10.5.1 Surrey Satellite Technology Company Information
10.5.2 Surrey Satellite Technology Introduction and Business Overview
10.5.3 Surrey Satellite Technology Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Surrey Satellite Technology Microsatellite Products Offered
10.5.5 Surrey Satellite Technology Recent Development
10.6 Axelspace
10.6.1 Axelspace Company Information
10.6.2 Axelspace Introduction and Business Overview
10.6.3 Axelspace Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Axelspace Microsatellite Products Offered
10.6.5 Axelspace Recent Development
10.7 Sierra Nevada
10.7.1 Sierra Nevada Company Information
10.7.2 Sierra Nevada Introduction and Business Overview
10.7.3 Sierra Nevada Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sierra Nevada Microsatellite Products Offered
10.7.5 Sierra Nevada Recent Development
10.8 Clyde Space
10.8.1 Clyde Space Company Information
10.8.2 Clyde Space Introduction and Business Overview
10.8.3 Clyde Space Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Clyde Space Microsatellite Products Offered
10.8.5 Clyde Space Recent Development
10.9 Planet Labs
10.9.1 Planet Labs Company Information
10.9.2 Planet Labs Introduction and Business Overview
10.9.3 Planet Labs Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Planet Labs Microsatellite Products Offered
10.9.5 Planet Labs Recent Development
10.10 Dauria Aerospace
10.10.1 Dauria Aerospace Company Information
10.10.2 Dauria Aerospace Introduction and Business Overview
10.10.3 Dauria Aerospace Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Dauria Aerospace Microsatellite Products Offered
10.10.5 Dauria Aerospace Recent Development
10.11 CASC
10.11.1 CASC Company Information
10.11.2 CASC Introduction and Business Overview
10.11.3 CASC Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CASC Microsatellite Products Offered
10.11.5 CASC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Microsatellite Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Microsatellite Industrial Chain Analysis
11.4 Microsatellite Market Dynamics
11.4.1 Microsatellite Industry Trends
11.4.2 Microsatellite Market Drivers
11.4.3 Microsatellite Market Challenges
11.4.4 Microsatellite Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Microsatellite Distributors
12.3 Microsatellite Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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