This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Nano-and Micro Satellite Market.
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Nano-and Micro Satellites range between 1-10 kg and 10-100 kgs, respectively. These satellites are the fastest growing segments in the satellite industry.
Their ease to build and lower operating and manufacturing costs are making them immensely popular in, both, civilian and military applications. The factors driving this business sector include diminishing manufacturing, launching costs, increased investment in R&D by both public and private players, rising acceptance of satellite constellation approach and major upcoming mission dispatches.
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The cost to build a nano or micro satellite is almost negligible in comparison to the traditional large-scale satellite. This is one of the primary reason driving the market.
Due to this reason, many venture capitalists are investing in startups in space technology. Moreover, these miniaturized satellites mostly use the hardware and software already developed and used by the tech industry.
Companies are entering the market with ease and offer diverse on-demand services. Thus, the possibilities for new applications and products & services are further widening.
For instance, currently, many private players are providing internet-based space exploration to the general public. Diminishing manufacturing and launching costs have resulted in a rise in upcoming launches, worldwide, by, both militaries as well as private conglomerates for earth observation, surveillance, and communication applications.
Too many satellites in orbit
Nano and micro satellites, currently, do not have a deorbiting system, due to size and weight constraints. However, with thousands of satellites in orbit, this factor might create issues for the market.
Various international agencies, such as the FCC, the UN, and the IADC, have proposed mitigating guidelines that state the importance of deorbiting.
The market has been segmented by:
Application - navigation & mapping, scientific research, power communications, reconnaissance
End-users - into military, government and commercial
Mass- 1 - 10 Kg (Nanosatellites), 11 - 100 Kg (Microsatellites)
Geography - North America, South America, Europe, Middle East & Africa, and Asia-Pacific.
The commercial and civilian markets for nano- and micro satellites hold the largest share and have scope for high growth during 2017-2022 (the forecast period). The North America is projected to have the fastest growing market, followed by APAC and EMEA.
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Some of the Important Players in the Global Nano- and Microsatellite Market include:
- Dauria Aerospace
- Aerospace Corporation
- Airbus Defense and Space
- Northrop Grumman Corporation Deep Space Industries
- The Sierra Nevada
- Daurria Aerospace
- Airbus Defense and Space
- Deep Space Industries
- Planet Labs
- Northrop Grumman Corporation
- Sierra Nevada
Table of Content:
- Research Methodology
- Key Findings of The Study
- Executive Summary
- Market Overview
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s 5 Force Analysis
4.4 Industry Policies
- Market Dynamics
5.2.1 Increase in threats from Terrorist Organisations
5.2.2 Obsolete and Ageing Equipment of some Countries
5.3.1 Drastic Reduction in American Defense Budget
5.3.2 Replacement Demand
5.4.1 Rise in Demand for Smart Weapons
- Global Artillery Ammunition Market
6.1 Defence Budget Spending Overview
6.2 Technology Overview
6.3 Segmentaton By Region
6.3.1 North America
6.3.2 South America
6.3.5 Asia Pacific
6.3.6 Middle East
- Competitive Intelligence – Company Profiles
7.1.2 Major Products and Services
7.1.4 Recent Developments
7.1.5 Recent Developments
7.2 Rheinmetall Defense
7.2.2 Major Products and Services
7.2.4 Recent Developments
7.3 General Dynamics Corporation
7.3.2 Major Products and Services
7.3.4 Recent Developments
7.4 Alliant Techsystems
7.4.2 Major Products and Services
7.4.4 Recent Developments
7.5.2 Major Products and Services
7.5.4 Recent Developments
7.6 BAE Systems Plc
7.6.2 Major Products and Services
7.6.4 Recent Developments
7.7 Olin Corporation
7.7.2 Major Products and Services
7.7.4 Recent Developments
7.8 Remington Arms Company
7.8.2 Major Products and Services
7.8.4 Recent Developments
7.9 Magtech Ammunition
7.9.2 Major Products and Se
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