Small Satellite Market by Mass (Small Satellite, CubeSat), Application, Subsystems (Satellite Bus, Payload, Solar Panel, Satellite Antenna), Frequency, End-use (Commercial, Government & Defence, Dual-use), Orbit and Region - Global Forecast to 2028

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions and Exclusions
1.3.1 Markets Covered
Figure 1 Small Satellite Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency and Pricing
Table 1 USD Exchange Rates
1.5 Limitations
1.6 Stakeholders
1.7 Summary of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Research Process Flow
Figure 3 Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Primary Sources
2.1.3 Breakdown of Primaries
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Indicators
2.2.3 Supply-Side Indicators
2.2.4 Segments and Subsegments
2.3 Research Approach and Methodology
2.3.1 Bottom-Up Approach
2.3.1.1 Market Size Estimation & Methodology
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.4 Data Triangulation
Figure 7 Data Triangulation
2.5 Recession Impact Analysis
2.6 Research Assumptions
Table 2 Parametric Assumptions Made for Market Forecast
2.7 Limitations
2.8 Risk Analysis

3 Executive Summary
Figure 8 Minisatellites Segment to Lead Market from 2023 to 2028
Figure 9 Commercial Segment Projected to Dominate Market During Forecast Period
Figure 10 Earth Observation Segment to Lead Market During Forecast Period
Figure 11 Low Earth Orbit Segment to Grow at Highest Rate During Forecast Period
Figure 12 Laser/Optical Segment to Grow at Highest Rate During Forecast Period
Figure 13 North America Estimated to Account for Largest Market Share in 2023

4 Premium Insights
4.1 Attractive Growth Opportunities for Players in Small Satellite Market
Figure 14 Increasing Use of Small Satellites for Tracking, Monitoring, and Surveillance to Drive Market
4.2 Small Satellite Market, by Subsystem
Figure 15 Satellite Bus Segment to Lead Market During Forecast Period
4.3 Small Satellite Bus Market, by Subtype
Figure 16 Attitude & Orbital Control System Segment to Lead Market During Forecast Period
4.4 Small Satellite Propulsion Market, by Type
Figure 17 Chemical Propulsion Segment to Lead Market During Forecast Period
4.5 Small Satellite Payload Market, by Payload Type
Figure 18 Traditional Payload Segment to Account for Larger Market Share Throughout Forecast Period
4.6 Small Satellite Payload Market, by Traditional Payload Type
Figure 19 Optical & Infrared Segment Projected to Lead Market During Forecast Period
4.7 Small Satellite Market, by Country
Figure 20 Small Satellite Market in Japan to Register Highest CAGR During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 21 Drivers, Restraints, Opportunities, and Challenges for Small Satellite Market
5.2.1 Drivers
5.2.1.1 Growing Demand for Leo-Based Small Satellites
Table 3 Key Information on Leo and Meo Constellations (Operational)
Table 4 Key Information on Leo and Meo Constellations (Development)
5.2.1.2 Rising Need for Earth Observation Imagery and Analytics
5.2.1.3 Technological Advancements in Software-Defined Payloads for Communication Satellites
5.2.1.4 Increasing Number of Space Exploration Missions
5.2.1.5 Cost-Effectiveness of Small Satellites Compared to Conventional Satellites
Figure 22 Number of Small Satellites, by Operator Type, 2022
5.2.2 Restraints
5.2.2.1 Absence of Unified Regulations and Government Policies Across Nations
5.2.2.2 Lack of Dedicated Small Satellite Launch Vehicles
5.2.3 Opportunities
5.2.3.1 Use of Software-Defined Technology for Flexibility to Alter Space Missions
5.2.3.2 Development of Satellite Network to Provide Internet Access in Areas Without Broadband Connectivity
5.2.3.3 Increased Government Investments in Space Agencies
Figure 23 Orbital Launches, by Country, 2022
5.2.3.4 Increased Use of Small Satellites in Various Applications
5.2.4 Challenges
5.2.4.1 Concerns Over Space Debris
5.2.4.2 Complex Propulsion Systems
5.2.4.3 Telemetry, Tracking, and Command Issues
5.2.4.4 Raising Capital and Funding for Satellite Manufacturing and Launch
5.2.4.5 Qualitative Limitation of Small Satellites
5.3 Recession Impact Analysis
5.4 Value Chain Analysis of Small Satellite Market
Figure 24 Value Chain Analysis
5.5 Trends/Disruptions Impacting Customer Business
5.5.1 Revenue Shift and New Revenue Pockets for Small Satellite System Manufacturers
Figure 25 Revenue Shift Curve: Small Satellite Market
5.6 Small Satellite Market Ecosystem
5.6.1 Prominent Companies
5.6.2 Private and Small Enterprises
5.6.3 Ecosystem
Figure 26 Market Ecosystem Map: Small Satellite Market
Table 5 Small Satellite Market Ecosystem
5.7 Porter's Five Forces Analysis
Table 6 Small Satellite: Porter's Five Force Analysis
5.7.1 Threat of New Entrants
5.7.2 Threat of Substitutes
5.7.3 Bargaining Power of Suppliers
5.7.4 Bargaining Power of Buyers
5.7.5 Intensity of Competitive Rivalry
5.8 Pricing Analysis
5.8.1 Average Price Analysis of Small Satellites in 2022
5.9 Tariff and Regulatory Landscape
5.9.1 North America
Table 7 List of Regulatory Bodies, Government Agencies, and Other Agencies in North America
5.9.2 Europe
Table 8 List of Regulatory Bodies, Government Agencies, and Other Agencies in Europe
5.9.3 Asia-Pacific
Table 9 List of Regulatory Bodies, Government Agencies, and Other Agencies in Asia-Pacific
5.9.4 Rest of the World
Table 10 List of Regulatory Bodies, Government Agencies, and Other Agencies in Rest of the World
5.10 Trade Analysis
Table 11 Small Satellite Market: Country-Wise Import, 2019-2021 (USD Thousand)
Table 12 Small Satellite Market: Country-Wise Exports, 2019-2021 (USD Thousand)
5.11 Patent Analysis
Figure 27 List of Major Patents for Small Satellites
Table 13 List of Major Patents for Small Satellites
Table 14 Other Innovations and Patent Registrations, 2020-2021
5.12 Key Stakeholders and Buying Criteria
5.12.1 Key Stakeholders on Buying Process
Figure 28 Influence of Stakeholders in Buying Small Satellites, by End Use
Table 15 Influence of Stakeholders on Buying Small Satellites, by End Use (%)
5.12.2 Buying Criteria
Figure 29 Key Buying Criteria for Small Satellites, by Type
Table 16 Key Buying Criteria for Small Satellites, by Application
5.13 Key Conferences and Events, 2022-23
Table 17 Small Satellites Market: Detailed List of Conferences and Events
5.14 Technology Analysis
5.14.1 Key Technology
5.14.1.1 Development of Cubesat Constellations to Enhance Communication
5.14.1.2 Miniaturization in Space Technology
5.14.2 Supporting Technology
5.14.2.1 Hyperspectral and Multispectral Imaging
5.15 Use Case Analysis
5.15.1 Use Case: Cubesats for Interplanetary Missions
5.15.2 Use Case: Small Satellites for IoT and Communications
5.15.3 Use Case: Space-Based Global Wireless Monitoring Systems
5.15.4 Measurements of Magnetic and Electric Fields on Earth's Ionosphere
5.15.5 Use Case: Real-Time Data for Emergency Systems
5.15.6 Use Case: Satellite Radiation Hardness Test
5.16 Operational Data
Table 18 Small Satellite Launches, by Application, 2019-2028

6 Industry Trends
6.1 Introduction
6.2 Supply Chain Analysis
Figure 30 Supply Chain Analysis
6.3 Technology Trends
6.3.1 Evolution of Nanosatellites and Microsatellites
Figure 31 Evolution: Nanosatellites and Microsatellites
6.3.2 Development of Small Satellite Constellations to Enhance Communication
6.3.3 3D Printing of Satellite Equipment
6.3.4 Use of Small Satellites to Provide Enhanced Space Imagery
6.3.5 Development of Dedicated Launch Vehicles for Small Satellites
Table 19 State-Of-The-Art Small Satellite and Cubesat Technologies
6.3.6 Distributed Electric Power System (Eps) in Small Satellite Applications
Table 20 Difference Between Distributed and Centralized Eps Architecture
6.3.7 Energy Storage (Primary & Secondary Batteries)
Table 21 Cubesat Battery Technologies
6.4 Impact of Megatrends
6.4.1 Hybrid Beamforming Methods
6.4.2 Development of New-Generation Cubesat for Lunar Exploration
6.4.3 Cognitive Radio (Sdr-Cr) Technology
6.4.4 Shift in Global Economic Power

7 Small Satellite Market, by Mass
7.1 Introduction
Figure 32 Cubesat Segment to Lead Market During Forecast Period
Table 22 Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 23 Small Satellite Market, by Mass, 2023-2028 (USD Million)
7.2 Small Satellite
Table 24 Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 25 Small Satellite Market, by Type, 2023-2028 (USD Million)
7.3 Minisatellites (100-500 Kg)
7.3.1 Widely Used for Communication and Broadband Internet
7.4 Microsatellites (10-100 Kg)
7.4.1 Can Function as Effective Tactical Communication Devices for Military Applications
7.5 Nanosatellites (1-10 Kg)
7.5.1 Used for Various Applications, Such as Earth Observation and Reconnaissance Missions
7.6 Others (Picosatellites and Femtosatellites)
7.7 Cubesat
Table 26 Cube Satellite Market, by Type, 2019-2022 (USD Million)
Table 27 Cube Satellite Market, by Type, 2023-2028 (USD Million)
7.8 0.25-0.5U
7.8.1 0.25-0.5U Cubesats Deployed for Interplanetary Missions
7.9 1U
7.9.1 Key Focus on Developing 1U Cubesats for Communication
7.10 2U
7.10.1 2U Cubesats Used for Testing Emerging Technologies
7.11 3U
7.11.1 3U Cubesats Used for Earth Observation and Traffic Monitoring
7.12 6U
7.12.1 Increasing Demand for 6U Cubesats for Space Science Missions to Drive Segment
7.13 >12U
7.13.1 >12U Cubesats Used in Deep Space Missions and Research

8 Small Satellite Market, by Subsystem
8.1 Introduction
8.1.1 Subsystem: Market Drivers
Figure 33 Payload Segment to Lead Market During Forecast Period
Table 28 Small Satellite Market, by Subsystem, 2019-2022 (USD Million)
Table 29 Small Satellite Market, by Subsystem, 2023-2028 (USD Million)
8.2 Satellite Bus
Table 30 Satellite Bus Market, by Subtype, 2019-2022 (USD Million)
Table 31 Satellite Bus Market, by Subtype, 2023-2028 (USD Million)
8.2.1 Attitude & Orbital Control System
8.2.1.1 Need for Stability of Payloads and Pointing Accuracy to Drive Segment
8.2.2 Command & Data Handling (C&Dh) System
8.2.2.1 C&Dh System Controls Overall Operations of Small Satellites
8.2.3 Electrical Power System (Eps)
8.2.3.1 Technological Advancements in Electrical Power Systems Drive Their Demand
8.2.4 Propulsion System
Table 32 Propulsion System Market, by Type, 2019-2022 (USD Million)
Table 33 Propulsion System Market, by Type, 2023-2028 (USD Million)
8.2.4.1 Chemical Propulsion
8.2.4.1.1 Technological Innovations to Drive Demand for Chemical Propulsion
8.2.4.2 Electric Propulsion
8.2.4.2.1 Improved Performance of New-Generation Systems to Drive Market
8.2.4.3 Hybrid Propulsion
8.2.4.3.1 Demand for Low-Cost Launch Vehicles to Drive Segment
8.2.5 Telemetry, Tracking, & Command (Tt&C)
8.2.5.1 Need for Effective Communication Between Satellites and Ground Stations to Fuel Segment
8.2.6 Structure
8.2.6.1 Standardized Structures Enable Proper Placement of Systems in Satellites
8.2.7 Thermal System
8.2.7.1 Need for Miniaturized Thermal Management Systems to Fuel Market
8.3 Payload
Table 34 Payload System Market, by Type, 2019-2022 (USD Million)
Table 35 Payload System Market, by Type, 2023-2028 (USD Million)
8.3.1 Traditional Payloads
Table 36 Traditional Payloads Market, by Type, 2019-2022 (USD Million)
Table 37 Traditional Payloads Market, by Type, 2023-2028 (USD Million)
8.3.1.1 Optical & Infrared
8.3.1.1.1 Increased Demand for Earth Observation and Remote Sensing Applications to Drive Segment
8.3.1.2 Hyperspectral & Multispectral
8.3.1.2.1 Increased Need for Applications Like Mapping & Remote Sensing to Drive Demand
8.3.1.3 Radar
8.3.1.3.1 Need for High-Resolution Remote Sensing to Drive Demand
8.3.1.4 Communication Payload/Transponder
8.3.1.4.1 Increasing Need for Efficient Communication for Small Satellites to Drive Demand
8.3.1.5 Others
8.3.2 Software-Defined Payloads
8.3.2.1 Use of Software-Defined Technology for Flexibility to Alter Space Missions to Drive Segment
8.4 Solar Panel
8.5 Satellite Antenna
8.5.1 Wire Antennas
8.5.1.1 Monopole
8.5.1.1.1 Monopole Antennas Provide Shorter Signals with Wider Coverage Area
8.5.1.2 Dipole
8.5.1.2.1 Dipole Antennas Used for Radio Transmitting and Receiving Applications
8.5.2 Horn Antennas
8.5.2.1 Horn Antennas Used for Earth Observation due to Their Wide Range of Frequency
8.5.3 Array Antennas
8.5.3.1 Advancements in Solid-State Technology to Make Phased Array Antennas More Cost-Effective
8.5.4 Reflector Antennas
8.5.4.1 Used as High-Gain Antennas in Microwave Relay
8.5.4.2 Parabolic Reflectors
8.5.4.2.1 Parabolic Reflectors Used for Point-To-Point Communication
8.5.4.3 Double Reflectors
8.5.4.3.1 Double Reflectors Have Better Gain Than Other Antennas
8.6 Others

9 Small Satellite Market, by Application
9.1 Introduction
9.1.1 Applications: Market Drivers
Figure 34 Communication Segment to Lead Market During Forecast Period
Table 38 Small Satellite Market, by Application, 2019-2022 (USD Million)
Table 39 Small Satellite Market, by Application, 2023-2028 (USD Million)
9.2 Communication
9.2.1 Development of Efficient Miniature Communication Systems to Drive Market
9.3 Earth Observation
9.3.1 Compact Nature of Small Satellites Led to Efficient Earth Observation and Remote Sensing
9.4 Education
9.4.1 Advancements in Technology and Miniaturization of Subcomponents to Facilitate Use of Small Satellites for New Space Science Missions
9.5 Technology
9.5.1 Increased Investments in Small Satellites to Develop Better Navigation and Tracking Technologies to Drive Market
9.6 Others
9.6.1 Increased Focus on Security and Space Exploration & Observation to Drive Market

10 Small Satellite Market, by End Use
10.1 Introduction
10.1.1 End Use: Market Drivers
Figure 35 Commercial Segment to Hold Largest Market Share
Table 40 Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 41 Small Satellite Market, by End Use, 2023-2028 (USD Million)
10.2 Commercial
Table 42 Small Satellite Market, by Commercial End-User, 2019-2022 (USD Million)
Table 43 Small Satellite Market, by Commercial End-User, 2023-2028 (USD Million)
10.2.1 Satellite Operators/Owners
10.2.1.1 Extensive Use of Small Satellites for Commercialization and Data Transferability to Drive Market
10.2.2 Media & Entertainment
10.2.2.1 Increasing Demand for On-Demand and Streaming Information and Entertainment to Drive Market
10.2.3 Energy Industry
10.2.3.1 Demand for Monitoring Structural Integrity of Nuclear Power Stations to Drive Market
10.2.4 Scientific Research & Development
10.2.4.1 Endless Prospects in Space Research to Create Market Opportunities
10.2.5 Others
10.3 Government & Defense
Table 44 Small Satellite Market, by Government & Defense End-User, 2019-2022 (USD Million)
Table 45 Small Satellite Market, by Government & Defense End-User, 2023-2028 (USD Million)
10.3.1 Department of Defense & Intelligence Agencies
10.3.1.1 Increasing Demand for Real-Time Data and Imaging to Trigger Market Growth
10.3.2 National Space Agencies
10.3.2.1 Small Satellites Lead to Efficient Earth Observation and Remote Sensing
10.3.3 Search and Rescue Entities
10.3.3.1 Need for Earth Observation for Search & Rescue Operations to Drive Demand
10.3.4 Academic & Research Institutions
10.3.4.1 Increasing Government Support to Train Students in Small Satellite Development to Drive Demand
10.3.5 National Mapping & Topographic Agencies
10.3.5.1 Increased Investments in Small Satellites to Improve Gps-Based Navigation to Trigger Demand
10.4 Dual-Use
10.4.1 Increasing Launches of Satellites for Better Connectivity and Provision of High-Speed Data to Drive Market

11 Small Satellite Market, by Frequency
11.1 Introduction
11.1.1 Frequency: Market Drivers
Figure 36 Ku-Band Segment to Lead Market During Forecast Period
Table 46 Small Satellite Market, by Frequency, 2019-2022 (USD Million)
Table 47 Small Satellite Market, by Frequency, 2023-2028 (USD Million)
11.2 L-Band
11.2.1 Extensively Used in Data Communications and Traffic Information
11.3 S-Band
11.3.1 Low Drag and Lightweight S-Band Antennas Preferred for Space Operations
11.4 C-Band
11.4.1 Small Satellites with C-Band Frequency Used for Navigation Purposes
11.5 X-Band
11.5.1 Increased Use of X-Band to Provide High-Throughput Communication from Spacecraft to Ground Stations to Drive Market
11.6 Ku-Band
11.6.1 Need for Wider-Range Data Communication to Drive Demand
11.7 Ka-Band
11.7.1 Ka-Band Antennas Used for High-Bandwidth Communication
11.8 Q/V-Band
11.8.1 Q/V Band Antennas Reduce Signal Fading at High-Frequency Bands
11.9 Hf/Vhf/Uhf-Band
11.9.1 Hf/Vhf/Uhf Band Antennas Extensively Used for Cubesat Communication
11.10 Laser/Optical-Band
11.10.1 Laser/Optical Band Communication in Space Opens Virtually Unlimited Capacities Without Regulations

12 Small Satellite Market, by Orbit
12.1 Introduction
Figure 37 Geo Segment to Register Highest CAGR During Forecast Period
Table 48 Small Satellite Market, by Orbit, 2019-2022 (USD Million)
Table 49 Small Satellite Market, by Orbit, 2023-2028 (USD Million)
12.2 Low Earth Orbit (Leo)
12.2.1 Increased Demand for Leo Constellation Satellites Developed by Spacex to Drive Segment
12.3 Medium Earth Orbit (Meo)
12.3.1 Increasing Demand for Satellite Services for Telecommunications & Mobile Broadband Applications to Fuel Segment Growth
12.4 Geostationary Earth Orbit (Geo)
12.4.1 Geo Satellites Operate at High Altitudes, and Payloads Carried by Them Have Long Life Expectancy

13 Small Satellite Market, by Region
13.1 Introduction
13.1.1 Regional Recession Impact Analysis
Figure 38 North America Estimated to Account for Largest Market Share in 2023
Table 50 Small Satellite Market, by Region, 2019-2022 (USD Million)
Table 51 Small Satellite Market, by Region, 2023-2028 (USD Million)
13.2 North America
13.2.1 PESTLE Analysis: North America
Figure 39 North America: Small Satellite Market Snapshot
Table 52 North America: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 53 North America: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 54 North America: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 55 North America: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 56 North America: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 57 North America: Small Satellite Market, by End Use, 2023-2028 (USD Million)
Table 58 North America: Small Satellite Market, by Country, 2019-2022 (USD Million)
Table 59 North America: Small Satellite Market, by Country, 2023-2028 (USD Million)
13.2.2 US
13.2.2.1 Increasing Use of Small Satellites in Agriculture to Drive Market
Table 60 US: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 61 US: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 62 US: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 63 US: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 64 US: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 65 US: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.2.3 Canada
13.2.3.1 Government Initiatives Towards Space Exploration and Earth Observation to Drive Market
Table 66 Canada: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 67 Canada: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 68 Canada: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 69 Canada: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 70 Canada: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 71 Canada: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.3 Europe
13.3.1 PESTLE Analysis: Europe
Figure 40 Europe: Small Satellite Market Snapshot
Table 72 Europe: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 73 Europe: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 74 Europe: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 75 Europe: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 76 Europe: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 77 Europe: Small Satellite Market, by End Use, 2023-2028 (USD Million)
Table 78 Europe: Small Satellite Market, by Country, 2019-2022 (USD Million)
Table 79 Europe: Small Satellite Market, by Country, 2023-2028 (USD Million)
13.3.2 Russia
13.3.2.1 Growing Reliance on Self-Developed Space Systems to Drive Market
Table 80 Russia: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 81 Russia: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 82 Russia: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 83 Russia: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 84 Russia: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 85 Russia: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.3.3 UK
13.3.3.1 Innovations in Satellite Technologies to Drive Market
Table 86 UK: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 87 UK: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 88 UK: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 89 UK: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 90 UK: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 91 UK: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.3.4 Germany
13.3.4.1 Increasing Demand for Earth Observation and Communication to Drive Market
Table 92 Germany: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 93 Germany: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 94 Germany: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 95 Germany: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 96 Germany: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 97 Germany: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.3.5 Finland
13.3.5.1 Increasing Partnerships Among Local Companies to Boost Market
Table 98 Finland: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 99 Finland: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 100 Finland: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 101 Finland: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 102 Finland: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 103 Finland: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.3.6 Italy
13.3.6.1 Demand for Earth Observation and Science Missions to Drive Market
Table 104 Italy: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 105 Italy: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 106 Italy: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 107 Italy: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 108 Italy: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 109 Italy: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.3.7 Rest of Europe
Table 110 Rest of Europe: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 111 Rest of Europe: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 112 Rest of Europe: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 113 Rest of Europe: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 114 Rest of Europe: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 115 Rest of Europe: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.4 Asia-Pacific
13.4.1 PESTLE Analysis: Asia-Pacific
Figure 41 Asia-Pacific: Small Satellite Snapshot
Table 116 Asia-Pacific: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 117 Asia-Pacific: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 118 Asia-Pacific: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 119 Asia-Pacific: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 120 Asia-Pacific: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 121 Asia-Pacific: Small Satellite Market, by End Use, 2023-2028 (USD Million)
Table 122 Asia-Pacific: Small Satellite Market, by Country, 2019-2022 (USD Million)
Table 123 Asia-Pacific: Small Satellite Market, by Country, 2023-2028 (USD Million)
13.4.2 China
13.4.2.1 Dependence on Self-Made Space Technology Led to Increased Satellite Launches in China
Table 124 China: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 125 China: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 126 China: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 127 China: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 128 China: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 129 China: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.4.3 India
13.4.3.1 Upcoming Space Initiatives to Drive Market
Table 130 India: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 131 India: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 132 India: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 133 India: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 134 India: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 135 India: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.4.4 Japan
13.4.4.1 Involvement of Private Companies in Government Space Programs to Drive Market
Table 136 Japan: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 137 Japan: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 138 Japan: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 139 Japan: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 140 Japan: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 141 Japan: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.4.5 South Korea
13.4.5.1 Increased Government Funding to Provide Significant Opportunities for Market Growth
Table 142 South Korea: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 143 South Korea: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 144 South Korea: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 145 South Korea: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 146 South Korea: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 147 South Korea: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.4.6 Australia
13.4.6.1 Government Support to New Manufacturers for Opening New Facilities to Drive Market
Table 148 Australia: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 149 Australia: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 150 Australia: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 151 Australia: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 152 Australia: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 153 Australia: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.4.7 Rest of Asia-Pacific
Table 154 Rest of Asia-Pacific: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 155 Rest of Asia-Pacific: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 156 Rest of Asia-Pacific: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 157 Rest of Asia-Pacific: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 158 Rest of Asia-Pacific: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 159 Rest of Asia-Pacific: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.5 Middle East & Africa
13.5.1 PESTLE Analysis: Middle East & Africa
Figure 42 Middle East & Africa: Small Satellite Market Snapshot
Table 160 Middle East & Africa: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 161 Middle East & Africa: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 162 Middle East & Africa: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 163 Middle East & Africa: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 164 Middle East & Africa: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 165 Middle East & Africa: Small Satellite Market, by End Use, 2023-2028 (USD Million)
Table 166 Middle East & Africa: Small Satellite Market, by Country, 2019-2022 (USD Million)
Table 167 Middle East & Africa: Small Satellite Market, by Country, 2023-2028 (USD Million)
13.5.2 Saudi Arabia
13.5.2.1 Collaboration Between Government and Universities for Technological Advancements in Space Systems to Drive Market
Table 168 Saudi Arabia: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 169 Saudi Arabia: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 170 Saudi Arabia: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 171 Saudi Arabia: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 172 Saudi Arabia: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 173 Saudi Arabia: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.5.3 Israel
13.5.3.1 Increased Private Investments in Space Technology to Drive Market
Table 174 Israel: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 175 Israel: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 176 Israel: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 177 Israel: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 178 Israel: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 179 Israel: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.5.4 UAE
13.5.4.1 Need for Advanced Satellite Systems for Border Control to Drive Market
Table 180 UAE: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 181 UAE: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 182 UAE: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 183 UAE: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 184 UAE: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 185 UAE: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.5.5 Rest of Middle East & Africa
Table 186 Rest of Middle East & Africa: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 187 Rest of Middle East & Africa: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 188 Rest of Middle East & Africa: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 189 Rest of Middle East & Africa: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 190 Rest of Middle East & Africa: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 191 Rest of Middle East & Africa: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.6 Latin America
13.6.1 PESTLE Analysis: Latin America
Figure 43 Latin America: Small Satellite Market Snapshot
Table 192 Latin America: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 193 Latin America: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 194 Latin America: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 195 Latin America: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 196 Latin America: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 197 Latin America: Small Satellite Market, by End Use, 2023-2028 (USD Million)
Table 198 Latin America: Small Satellite Market, by Country, 2019-2022 (USD Million)
Table 199 Latin America: Small Satellite Market, by Country, 2023-2028 (USD Million)
13.6.2 Mexico
13.6.2.1 Collaborative Studies and Cubesat Launch Initiatives by Universities to Drive Market
Table 200 Mexico: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 201 Mexico: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 202 Mexico: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 203 Mexico: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 204 Mexico: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 205 Mexico: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.6.3 Argentina
13.6.3.1 Increasing Need for Improving Space Situational Awareness to Drive Market
Table 206 Argentina: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 207 Argentina: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 208 Argentina: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 209 Argentina: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 210 Argentina: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 211 Argentina: Small Satellite Market, by End Use, 2023-2028 (USD Million)
13.6.4 Rest of Latin America
Table 212 Rest of Latin America: Small Satellite Market, by Mass, 2019-2022 (USD Million)
Table 213 Rest of Latin America: Small Satellite Market, by Mass, 2023-2028 (USD Million)
Table 214 Rest of Latin America: Small Satellite Market, by Type, 2019-2022 (USD Million)
Table 215 Rest of Latin America: Small Satellite Market, by Type, 2023-2028 (USD Million)
Table 216 Rest of Latin America: Small Satellite Market, by End Use, 2019-2022 (USD Million)
Table 217 Rest of Latin America: Small Satellite Market, by End Use, 2023-2028 (USD Million)

14 Competitive Landscape
14.1 Introduction
14.2 Market Share Analysis of Key Players, 2022
Table 218 Small Satellite Market: Degree of Competition
Figure 44 Share of Top Players in Small Satellite Market, 2022
Table 219 Key Developments by Leading Players in Small Satellite Market, 2019-2022
14.3 Ranking Analysis of Top 5 Players, 2022
Figure 45 Market Ranking of Leading Players in Small Satellite Market, 2022
14.4 Revenue Analysis of Top 5 Market Players, 2022
14.5 Company Product Footprint Analysis
Table 220 Company Product Footprint
Table 221 Company Subsystem Footprint
Table 222 Company Mass Footprint
Table 223 Company Regional Footprint
14.6 Company Evaluation Quadrant
14.6.1 Stars
14.6.2 Emerging Leaders
14.6.3 Pervasive Players
14.6.4 Participants
Figure 46 Market Competitive Leadership Mapping, 2022
14.6.5 Start-Up/Sme Evaluation Quadrant
14.6.5.1 Progressive Companies
14.6.5.2 Responsive Companies
14.6.5.3 Starting Blocks
14.6.5.4 Dynamic Companies
Table 224 Small Satellite Market: Detailed List of Key Start-Ups/Smes
Table 225 Competitive Benchmarking of Key Start-Ups/Smes
Figure 47 Small Satellite Market (Start-Ups) Competitive Leadership Mapping, 2022
14.7 Competitive Scenario and Trends
14.7.1 Product Launches
Table 226 Small Satellite Market: Product Launches, 2019-March 2023
14.7.2 Deals
Table 227 Small Satellite Market: Deals, 2019-March 2023
14.7.3 Others
Table 228 Small Satellite Market: Others, 2019-March 2023

15 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats) *
15.1 Introduction
15.2 Key Players
15.2.1 Lockheed Martin Corporation
Table 229 Lockheed Martin Corporation: Business Overview
Table 230 Lockheed Martin Corporation: Products/Solutions/Services Offered
Table 231 Lockheed Martin Corporation: Deals
15.2.2 Sierra Nevada Corporation
Table 232 Sierra Nevada Corporation: Business Overview
Table 233 Sierra Nevada Corporation: Products/Solutions/Services Offered
Table 234 Sierra Nevada Corporation: Deals
15.2.3 L3Harris Technologies, Inc.
Table 235 L3Harris Technologies, Inc.: Business Overview
Table 236 L3Harris Technologies, Inc.: Products/Solutions/Services Offered
Table 237 L3Harris Technologies, Inc.: Deals
Table 238 L3Harris Technologies, Inc.: Others
15.2.4 Northrop Grumman Corporation
Table 239 Northrop Grumman Corporation: Business Overview
Table 240 Northrop Grumman Corporation: Products/Solutions/Services Offered
Table 241 Northrop Grumman Corporation: Deals
15.2.5 Airbus Defence and Space
Table 242 Airbus Defence and Space: Business Overview
Table 243 Airbus Defence and Space: Products/Solutions/Services Offered
Table 244 Airbus Defence and Space: Deals
15.2.6 Surrey Satellite Technology Ltd.
Table 245 Surrey Satellite Technology Ltd.: Business Overview
Table 246 Surrey Satellite Technology Ltd.: Products/Solutions/Services Offered
Table 247 Surrey Satellite Technology Ltd.: Deals
Table 248 Surrey Satellite Technology Ltd.: Others
15.2.7 Thales Group
Table 249 Thales Group: Business Overview
Table 250 Thales Group: Products/Solutions/Services Offered
15.2.8 Gomspace
Table 251 Gomspace: Business Overview
Table 252 Gomspace: Products/Solutions/Services Offered
Table 253 Gomspace: Deals
15.2.9 Planet Labs Inc.
Table 254 Planet Labs Inc.: Business Overview
Table 255 Planet Labs Inc.: Products/Solutions/Services Offered
Table 256 Planet Labs Inc.: Deals
Table 257 Planet Lab Inc.: Others
15.2.10 Raytheon Technologies Corporation
Table 258 Raytheon Technologies Corporation: Business Overview
Table 259 Raytheon Technologies Corporation: Products/Solutions/Services Offered
Table 260 Raytheon Technologies Corporation: Deals
Table 261 Raytheon Technologies Corporation: Others
15.2.11 Ohb Se
Table 262 Ohb Se: Business Overview
Table 263 Ohb Se: Products/Solutions/Services Offered
Table 264 Ohb Se: Deals
Table 265 Ohb Se: Others
15.2.12 Maxar Technologies
Table 266 Maxar Technologies: Business Overview
Table 267 Maxar Technologies: Products/Solutions/Services Offered
15.2.13 Space Exploration Technologies Corp. (Spacex)
Table 268 Spacex: Business Overview
Table 269 Spacex: Products/Solutions/Services Offered
Table 270 Spacex: Deals
Table 271 Spacex: Others
15.2.14 Aerospace Corporation
Table 272 Aerospace Corporation: Business Overview
Table 273 Aerospace Corporation: Products/Solutions/Services Offered
Table 274 Aerospace Corporation: Deals
Table 275 Aerospace Corporation: Others
15.2.15 Mitsubishi Electric Corporation
Table 276 Mitsubishi Electric Corporation: Business Overview
Table 277 Mitsubishi Electric Corporation: Products/Solutions/Services Offered
Table 278 Mitsubishi Electric Corporation: Deals
Table 279 Mitsubishi Electric Corporation: Others
15.2.16 Exolaunch GmbH
Table 280 Exolaunch GmbH: Business Overview
Table 281 Exolaunch GmbH: Products/Solutions/Services Offered
Table 282 Exolaunch GmbH: Deals
Table 283 Exolaunch GmbH: Others
15.2.17 Pumpkin, Inc.
Table 284 Pumpkin, Inc.: Business Overview
Table 285 Pumpkin, Inc.: Products/Solutions/Services Offered
15.2.18 Ball Aerospace & Technologies
Table 286 Ball Aerospace & Technologies: Business Overview
Table 287 Ball Aerospace & Technologies: Products/Solutions/Services Offered
Table 288 Ball Aerospace & Technologies: Others
15.2.19 Dauria Aerospace Ltd.
Table 289 Dauria Aerospace Ltd.: Business Overview
Table 290 Dauria Aerospace Ltd.: Products/Solutions/Services Offered
15.2.20 Aac Clyde Space
Table 291 Aac Clyde Space: Business Overview
Table 292 Aac Clyde Space: Products/Solutions/Services Offered
Table 293 Aac Clyde Space: Deals
Table 294 Aac Clyde Space: Others
15.2.21 Millennium Space Systems, Inc.
Table 295 Millennium Space Systems, Inc.: Business Overview
Table 296 Millennium Space Systems, Inc.: Products/Solutions/Services Offered
Table 297 Millennium Space Systems, Inc.: Others
15.3 Other Players
15.3.1 Endurosat
Table 298 Endurosat: Business Overview
15.3.2 Swarm Technologies
Table 299 Swarm Technologies: Business Overview
15.3.3 Nanoavionics
Table 300 Nanoavionics: Business Overview
15.3.4 Alén Space
Table 301 Alén Space: Business Overview
15.3.5 Nearspace Launch, Inc.
Table 302 Nearspace Launch, Inc.: Business Overview
15.3.6 Spire Global, Inc.
Table 303 Spire Global, Inc.: Business Overview
15.3.7 Earth-I, Inc.
Table 304 Earth-I, Inc.: Business Overview
15.3.8 Terran Orbital
Table 305 Terran Orbital: Business Overview
15.3.9 Alba Orbital
Table 306 Alba Orbital: Business Overview
15.3.10 Satellogic
Table 307 Satellogic: Business Overview
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.

16 Appendix
16.1 Discussion Guide
16.1.1 Small Satellite Market (2023-2028)
16.1.2 Section-1: Introduction
16.1.3 Section-2: Market Dynamics
16.2 Knowledgestore: The Subscription Portal
16.3 Customization Options

Companies Mentioned

• Aac Clyde Space
• Aerospace Corporation
• Airbus Defence and Space
• Alba Orbital
• Alén Space
• Ball Aerospace & Technologies
• Dauria Aerospace Ltd.
• Earth-I, Inc.
• Endurosat
• Exolaunch GmbH
• Gomspace
• LHarris Technologies, Inc.
• Lockheed Martin Corporation
• Maxar Technologies
• Millennium Space Systems, Inc.
• Mitsubishi Electric Corporation
• Nanoavionics
• Nearspace Launch, Inc.
• Northrop Grumman Corporation
• Ohb Se
• Other Players
• Planet Labs Inc.
• Pumpkin, Inc.
• Raytheon Technologies Corporation
• Satellogic
• Sierra Nevada Corporation
• Space Exploration Technologies Corp. (Spacex)
• Spire Global, Inc.
• Surrey Satellite Technology Ltd.
• Swarm Technologies
• Terran Orbital
• Thales Group

Methodology