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Small Satellite market to 2025 – growing steady at 21.4% CAGR and projected to reach US$ 6280 million explored in latest research

Small Satellite Market

Small Satellite market report analyzes competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Download PDF Brochure of Small Satellite Market spread across 116 Pages, Profiling 11 Companies and Supported with tables and figures are now available at www.reportsnreports.com/contact…me=1632300

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.

Technical challenges in the construction of small satellites may include the lack of sufficient power storage or of room for a propulsion system.

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North America led the small satellite market in 2017, owing to an increase in demand for small satellites from NASA and the Department of Defense (U.S.), and private sectors, such as research organizations and telecommunication. However, the market in the European region is expected to grow at the highest CAGR during the forecast period due to their high demand to use in battlefield missions, earth observation, and scientific exploration activities performed by various government and private organization.

The Small Satellite market was valued at 1340 Million US$ in 2018 and is projected to reach 6280 Million US$ by 2025, at a CAGR of 21.4% 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.

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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

Nanosatellite

Microsatellite

Minisatellite

Small Satellite Breakdown Data by Application

National Security

Science & Environment

Commerce

Others

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

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