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Small Satellite Market Report 2023-2033

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    Report

  • 266 Pages
  • September 2023
  • Region: Global
  • Visiongain
  • ID: 5877390
Description Jump to:

Global IoT Connectivity Through Small Satellites Presents Lucrative Opportunities

Overall world revenue for Small Satellite Market, 2023 to 2033 in terms of value the market will surpass US$2.88 billion in 2023, this study calculates. Strong revenue growth is predicted through to 2033. This study identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Technological Innovations Anticipated to Boost Industry growth

Most of the space industry's innovation is made possible by technological developments in satellites. The most important developments in satellite technology are small satellites, or smallsats, particularly NanoSats, which power the next wave of satellite capabilities. Moreover, the low cost of manufacturing for smallsats is opening the door for satellite mass production. Satellite Internet of Things (IoT) is another significant trend that is enabling unparalleled connectivity across industries and enabling 5G and upcoming 6G capabilities is the satellite communications. Concurrently, both orbital services and ground stations are benefiting from technological advancements brought about by satellite manufacturers and operators. Automated systems for propulsion, digital payloads, and artificial intelligence (AI) allow satellites to carry out increasingly sophisticated tasks on their own. A new era of intelligent satellites is being laid by start-ups focused on satellite manufacturing, operations, and services, which are made possible by growing government and private investments.

Financial Sustainability and Funding Likely to Restrain Industry growth

Financial sustainability and funding present another complex challenge for small satellite market players. While the development and launch costs for small satellites are typically lower compared to their larger counterparts, securing funding for various stages of the satellite's lifecycle remains a hurdle, especially for start-ups and smaller companies. The unpredictable nature of revenue generation, combined with limited access to capital, can create uncertainties in long-term investment and growth strategies. To navigate this challenge, players need to explore diverse funding sources such as government grants, venture capital, partnerships, and commercial contracts. Demonstrating the economic viability of their satellite solutions and building a robust business model are pivotal for attracting sustained financial support.

Key Questions Answered

  • How is the small satellite market evolving?
  • What is driving and restraining the small satellite market?
  • How will each small satellite submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
  • How will the market shares for each small satellite submarket develop from 2023 to 2033?
  • What will be the main driver for the overall market from 2023 to 2033?
  • Will leading small satellite markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the small satellite projects for these leading companies?
  • How will the industry evolve during the period between 2023 and 2033? What are the implications of
small satellite projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the small satellite market?
  • Where is the small satellite market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the small satellite market today, and over the next 10 years:

  • This 266-page report provides 106 tables and 137 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the small satellite market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2033 and other analyses reveal commercial prospects:

  • In addition to revenue forecasting to 2033, this study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, and restraints), Porter’s Five Forces Analysis, PEST Analysis and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Type

  • Nanosatellite
  • Microsatellite
  • Minisatellite
  • Others

Application

  • Navigation
  • Communication
  • Earth Observation
  • Scientific Research
  • Others

End-users

  • Commercial
  • Government & Military
  • Others
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 22 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific

  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

MEA

  • GCC
  • South Africa
  • Rest of MEA
The report also includes profiles and for some of the leading companies in the Small Satellite Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth:

  • Airbus
  • Axelspace Corporation
  • Ball Corporation
  • Blue Canyon Technologies
  • Boeing
  • Gomspace
  • L3Harris Technologies, Inc.
  • Lockheed Martin Corporation
  • Maxar Technologies
  • Northrop Grumman Corporation
  • OHB SE
  • Planet Labs PBC
  • Sierra Nevada Corporation
  • Space Exploration Technologies Corp. (SPACEX)
  • Surrey Satellite Technology Ltd.
  • Thales Group (Thales Alenia Space)

How will the Small Satellite Market, 2023 to 2033 report help you?

In summary, this 260+ page report provides you with the following knowledge:
  • Revenue forecasts to 2033 for Small Satellite Market 2023 to 2033, with forecasts for type, application, and end-users, each forecast at a global and regional level - discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2033 for five regional and 22 key national markets - See forecasts for the Small Satellite Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 16 of the major companies involved in the Small Satellite Market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only this report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With this report, you are less likely to fall behind in knowledge or miss out on opportunities. See how this work could benefit your research, analyses, and decisions. This study is for everybody needing commercial analyses for the Small Satellite Market 2023 to 2033, market-leading companies. You will find data, trends and predictions.

Table of Contents

1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Small Satellite Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report Include:
1.6 Who is This Report For?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Reports
1.10 About
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Increasing Demand for LEO-based Satellites
3.2.1.2 Rising Demand for High-resolution Imaging Services Globally
3.2.1.3 Cost-effectiveness and Lightweight
3.2.1.4 Technological Innovations Anticipated to Boost Industry Growth
3.2.1.5 Flexible Launch Services to Spur Industry Growth
3.2.2 Market Restraining Factors
3.2.2.1 Growing Issue of Orbital Debris and Space Congestion Likely to Hamper Industry Growth
3.2.2.2 Lack of Standard Regulations and Government Policies Across Nations Projected to Restrain Industry Growth
3.2.2.3 Financial Sustainability and Funding Likely to Restrain Industry Growth
3.2.3 Market Opportunities
3.2.3.1 Global IoT Connectivity Through Small Satellites
3.2.3.2 3D Printing Empowers Small Satellite Market with Cost Reduction and In-Orbit Manufacturing
3.2.3.3 Innovations in Telemetry, Tracking and Command-to-Control Satellites to Offer Lucrative Growth Prospects
3.3 COVID-19 Impact Analysis
4 Small Satellite Market Analysis by Type
4.1 Key Findings
4.2 Type Segment: Market Attractiveness Index
4.3 Small Satellite Market Size Estimation and Forecast by Type
4.4 Nanosatellite
4.4.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
4.4.2 Market Share by Region, 2023 & 2033 (%)
4.5 Microsatellite
4.5.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
4.5.2 Market Share by Region, 2023 & 2033 (%)
4.6 Minisatellite
4.6.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
4.6.2 Market Share by Region, 2023 & 2033 (%)
4.7 Others
4.7.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
4.7.2 Market Share by Region, 2023 & 2033 (%)
5 Small Satellite Market Analysis by Application
5.1 Key Findings
5.2 Application Segment: Market Attractiveness Index
5.3 Small Satellite Market Size Estimation and Forecast by Application
5.4 Navigation
5.4.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
5.4.2 Market Share by Region, 2023 & 2033 (%)
5.5 Communication
5.5.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
5.5.2 Market Share by Region, 2023 & 2033 (%)
5.6 Earth Observation
5.6.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
5.6.2 Market Share by Region, 2023 & 2033 (%)
5.7 Scientific Research
5.7.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
5.7.2 Market Share by Region, 2023 & 2033 (%)
5.8 Others
5.8.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
5.8.2 Market Share by Region, 2023 & 2033 (%)
6 Small Satellite Market Analysis by End-users
6.1 Key Findings
6.2 End-users Segment: Market Attractiveness Index
6.3 Small Satellite Market Size Estimation and Forecast by End-users
6.4 Commercial
6.4.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
6.4.2 Market Share by Region, 2023 & 2033 (%)
6.5 Government & Military
6.5.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
6.5.2 Market Share by Region, 2023 & 2033 (%)
6.6 Others
6.6.1 Market Forecast by Region, 2023-2033 (US$ Mn, AGR %)
6.6.2 Market Share by Region, 2023 & 2033 (%)
7 Small Satellite Market Analysis by Region
7.1 Key Findings
7.2 Regional Market Size Estimation and Forecast
8 North America Small Satellite Market Analysis
8.1 Key Findings
8.2 North America Small Satellite Market Attractiveness Index
8.3 North America Small Satellite Market by Country, 2023, 2028 & 2033 (US$ Million)
8.4 North America Small Satellite Market Size Estimation and Forecast by Country, 2023-2033 (US$ Mn)
8.5 North America Small Satellite Market Size Estimation and Forecast by Type
8.6 North America Small Satellite Market Size Estimation and Forecast by Application
8.7 North America Small Satellite Market Size Estimation and Forecast by End-users
8.8 U.S. Small Satellite Market Analysis
8.9 Canada Small Satellite Market Analysis
9 Europe Small Satellite Market Analysis
9.1 Key Findings
9.2 Europe Small Satellite Market Attractiveness Index
9.3 Europe Small Satellite Market Size by Country, 2023, 2028 & 2033 (US$ Million)
9.4 Europe Small Satellite Market Size Estimation and Forecast by Country
9.5 Europe Small Satellite Market Size Estimation and Forecast by Type
9.6 Europe Small Satellite Market Size Estimation and Forecast by Application
9.7 Europe Small Satellite Market Size Estimation and Forecast by End-users
9.8 Germany Small Satellite Market Analysis
9.9 UK Small Satellite Market Analysis
9.10 France Small Satellite Market Analysis
9.11 Italy Small Satellite Market Analysis
9.12 Spain Small Satellite Market Analysis
9.13 Russia Small Satellite Market Analysis
9.14 Rest of Europe Small Satellite Market Analysis
10 Asia Pacific Small Satellite Market Analysis
10.1 Key Findings
10.2 Asia Pacific Small Satellite Market Attractiveness Index
10.3 Asia Pacific Small Satellite Market Size by Country, 2023, 2028 & 2033 (US$ Million)
10.4 Asia Pacific Small Satellite Market Size Estimation and Forecast by Country
10.5 Asia Pacific Small Satellite Market Size Estimation and Forecast by Type
10.6 Asia Pacific Small Satellite Market Size Estimation and Forecast by Application
10.7 Asia Pacific Small Satellite Market Size Estimation and Forecast by End-users
10.8 Japan Small Satellite Market Analysis
10.9 China Small Satellite Market Analysis
10.10 India Small Satellite Market Analysis
10.11 Australia Small Satellite Market Analysis
10.12 South Korea Small Satellite Market Analysis
10.13 South-East Asia Small Satellite Market Analysis
10.14 Rest of Asia Pacific Small Satellite Market Analysis
11 Latin America Small Satellite Market Analysis
11.1 Key Findings
11.2 Latin America Small Satellite Market Attractiveness Index
11.3 Latin America Small Satellite Market Size by Country, 2023, 2028 & 2033 (US$ Million)
11.4 Latin America Small Satellite Market Size Estimation and Forecast by Country
11.5 Latin America Small Satellite Market Size Estimation and Forecast by Type
11.6 Latin America Small Satellite Market Size Estimation and Forecast by Application
11.7 Latin America Small Satellite Market Size Estimation and Forecast by End-users
11.8 Brazil Small Satellite Market Analysis
11.9 Mexico Small Satellite Market Analysis
11.10 Rest of Latin America Small Satellite Market Analysis
12 MEA Small Satellite Market Analysis
12.1 Key Findings
12.2 MEA Small Satellite Market Attractiveness Index
12.3 MEA Small Satellite Market Size by Country, 2023, 2028 & 2033 (US$ Million)
12.4 MEA Small Satellite Market Size Estimation and Forecast by Country
12.5 MEA Small Satellite Market Size Estimation and Forecast by Type
12.6 MEA Small Satellite Market Size Estimation and Forecast by Application
12.7 MEA Small Satellite Market Size Estimation and Forecast by End-users
12.8 GCC Small Satellite Market Analysis
12.9 South Africa Small Satellite Market Analysis
12.10 Rest of MEA Small Satellite Market Analysis
13 Company Profiles
13.1 Company Ranking Analysis
13.2 Strategic Outlook
13.3 Airbus
13.3.1 Company Snapshot
13.3.2 Company Overview
13.3.3 Financial Analysis
13.3.3.1 Net Revenue, 2017-2022
13.3.3.2 Regional Market Shares, 2022
13.3.3.3 Business Segment Market Shares, 2022
13.3.3.4 R&D, 2017-2022
13.3.4 Product Benchmarking
13.4 Axelspace Corporation
13.4.1 Company Snapshot
13.4.2 Company Overview
13.4.3 Product Benchmarking
13.4.4 Strategic Outlook
13.5 Ball Corporation
13.5.1 Company Snapshot
13.5.2 Company Overview
13.5.3 Financial Analysis
13.5.3.1 Net Revenue, 2017-2022
13.5.4 Product Benchmarking
13.6 Blue Canyon Technologies (Raytheon)
13.6.1 Company Snapshot
13.6.2 Company Overview
13.6.3 Product Benchmarking
13.6.4 Strategic Outlook
13.7 Boeing
13.7.1 Company Snapshot
13.7.2 Company Overview
13.7.3 Financial Analysis
13.7.3.1 Net Revenue, 2017-2022
13.7.3.2 Regional Market Shares, 2022
13.7.3.3 Business Segment Market Shares, 2022
13.7.3.4 R&D, 2017-2022
13.7.4 Product Benchmarking
13.8 Gomspace
13.8.1 Company Snapshot
13.8.2 Company Overview
13.8.3 Product Benchmarking
13.8.4 Strategic Outlook
13.9 L3Harris Technologies, Inc.
13.9.1 Company Snapshot
13.9.2 Company Overview
13.9.3 Financial Analysis
13.9.3.1 Net Revenue, 2017-2022
13.9.3.2 Business Segment Market Shares, 2022
13.9.4 Product Benchmarking
13.10 Northrop Grumman Corporation
13.10.1 Company Snapshot
13.10.2 Company Overview
13.10.3 Financial Analysis
13.10.3.1 Net Revenue, 2017-2022
13.10.3.2 Regional Market Shares, 2022
13.10.3.1 Business Segment Market Shares, 2022
13.10.4 Product Benchmarking
13.10.5 Strategic Outlook
13.11 OHB SE
13.11.1 Company Snapshot
13.11.2 Company Overview
13.11.3 Product Benchmarking
13.11.4 Strategic Outlook
13.12 Planet Labs PBC
13.12.1 Company Snapshot
13.12.2 Company Overview
13.12.3 Product Benchmarking
13.13 Surrey Satellite Technology Ltd
13.13.1 Company Snapshot
13.13.2 Company Overview
13.13.3 Product Benchmarking
13.14 Lockheed Martin Corporation (Delete)
13.14.1 Company Snapshot
13.14.2 Company Overview
13.14.3 Financial Analysis
13.14.3.1 Net Revenue, 2017-2022
13.14.3.2 Regional Market Shares, 2022
13.14.4 Product Benchmarking
13.14.5 Strategic Outlook
13.15 Maxar Technologies
13.15.1 Company Snapshot
13.15.2 Company Overview
13.15.3 Product Benchmarking
13.15.4 Strategic Outlook
13.16 Space Exploration Technologies Corp. (SPACEX)
13.16.1 Company Snapshot
13.16.2 Company Overview
13.16.3 Product Benchmarking
13.16.4 Strategic Outlook
13.17 Sierra Nevada Corporation
13.17.1 Company Snapshot
13.17.2 Company Overview
13.17.3 Product Benchmarking
13.18 Thales Group (Thales Alenia Space)
13.18.1 Company Snapshot
13.18.2 Company Overview
13.18.3 Financial Analysis
13.18.3.1 Net Revenue, 2017-2022
13.18.4 Product Benchmarking
13.18.5 Strategic Outlook
14 Conclusion and Recommendations
14.1 Concluding Remarks
14.2 Recommendations for Market Players
List of Tables
Table 1 Small Satellite Market Snapshot, 2023 & 2033 (US$ million, CAGR %)
Table 2 Small Satellite Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%): "V" Shaped Recovery
Table 3 Small Satellite Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%): "U" Shaped Recovery
Table 4 Small Satellite Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%): "W" Shaped Recovery
Table 5 Small Satellite Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%): "L" Shaped Recovery
Table 6 Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 7 Nanosatellite Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 8 Microsatellite Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 9 Minisatellite Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 10 Others Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 11 Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 12 Navigation Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 13 Communication Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 14 Earth Observation Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 15 Scientific Research Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 16 Others Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 17 Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 18 Commercial Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 19 Government & Military Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 20 Others Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 21 Small Satellite Market Forecast by Region, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 22 North America Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 23 North America Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 24 North America Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 25 North America Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 26 U.S. Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 27 Canada Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 28 Europe Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 29 Europe Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 30 Europe Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 31 Europe Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 32 Germany Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 33 UK Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 34 France Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 35 Italy Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 36 Spain Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 37 Russia Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 38 Rest of Europe Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 39 Asia Pacific Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 40 Asia Pacific Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 41 Asia Pacific Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 42 Asia Pacific Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 43 Japan Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 44 China Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 45 India Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 46 Australia Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 47 South Korea Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 48 South-East Asia Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 49 Rest of Asia Pacific Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 50 Latin America Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 51 Latin America Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 52 Latin America Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 53 Latin America Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 54 Brazil Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 55 Mexico Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 56 Rest of Latin America Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 57 MEA Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 58 MEA Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 59 MEA Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 60 MEA Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 61 GCC Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 62 South Africa Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 63 Rest of MEA Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR%, CAGR%)
Table 64 Small Satellite: Company Ranking
Table 65 Small Satellite: Strategic Outlook
Table 66 Airbus: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 67 Airbus: Product Benchmarking
Table 68 Axelspace Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 69 Axelspace Corporation: Product Benchmarking
Table 70 Axelspace Corporation: Strategic Outlook
Table 71 Ball Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 72 Ball Corporation: Product Benchmarking
Table 73 Blue Canyon Technologies: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 74 Blue Canyon Technologies: Product Benchmarking
Table 75 Blue Canyon Technologies: Strategic Outlook
Table 76 Boeing: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 77 Boeing: Product Benchmarking
Table 78 Gomspace: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 79 Gomspace: Product Benchmarking
Table 80 Gomspace: Strategic Outlook
Table 81 L3Harris Technologies, Inc.: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 82 L3Harris Technologies, Inc.: Product Benchmarking
Table 83 Northrop Grumman Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 84 Northrop Grumman Corporation: Product Benchmarking
Table 85 Northrop Grumman Corporation: Strategic Outlook
Table 86 OHB SE: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 87 OHB SE: Product Benchmarking
Table 88 OHB SE: Strategic Outlook
Table 89 Planet Labs PBC: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 90 Planet Labs PBC: Product Benchmarking
Table 91 Surrey Satellite Technology Ltd: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 92 SURREY SATELLITE TECHNOLOGY LTD: Product Benchmarking
Table 93 Lockheed Martin Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 94 Lockheed Martin Corporation: Product Benchmarking
Table 95 Lockheed Martin Corporation: Strategic Outlook
Table 96 Maxar Technologies: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 97 Maxar Technologies: Product Benchmarking
Table 98 Maxar Technologies: Strategic Outlook
Table 99 Space Exploration Technologies Corp. (SPACEX): Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 100 Space Exploration Technologies Corp. (SPACEX): Product Benchmarking
Table 101 Space Exploration Technologies Corp. (SPACEX): Strategic Outlook
Table 102 Sierra Nevada Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 103 Sierra Nevada Corporation: Product Benchmarking
Table 104 Thales Group: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 105 Thales Group: Product Benchmarking
Table 106 Thales Group: Strategic Outlook
List of Figures
Figure 1 Small Satellite Market Segmentation
Figure 2 Small Satellite Market by Type: Market Attractiveness Index
Figure 3 Small Satellite Market by Application: Market Attractiveness Index
Figure 4 Small Satellite Market by End-users: Market Attractiveness Index
Figure 5 Small Satellite Market Attractiveness Index by Region
Figure 6 Small Satellite Market: Market Dynamics
Figure 7 Debris Breakdown Since Q2 2021
Figure 8 Small/Non-constellation, Large Constellation, Debris, and Rocket Body Counts by Quarter
Figure 9 Small Satellite Market by Region, 2023-2033 (US$ Mn, AGR %): “V” Shaped Recovery
Figure 10 Small Satellite Market by Region, 2023-2033 (US$ Mn, AGR %): “U” Shaped Recovery
Figure 11 Small Satellite Market by Region, 2023-2033 (US$ Mn, AGR %): “W” Shaped Recovery
Figure 12 Small Satellite Market by Region, 2023-2033 (US$ Mn, AGR %): “L” Shaped Recovery
Figure 13 Small Satellite Market Attractiveness Index by Type
Figure 14 Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR %)
Figure 15 Small Satellite Market Share Forecast by Type, 2023, 2028, 2033 (%)
Figure 16 Nanosatellite Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 17 Nanosatellite Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 18 Microsatellite Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 19 Microsatellite Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 20 Minisatellite Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 21 Minisatellite Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 22 Others Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 23 Others Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 24 Small Satellite Market Attractiveness Index by Type
Figure 25 Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR %)
Figure 26 Small Satellite Market Share Forecast by Application, 2023, 2028, 2033 (%)
Figure 27 Navigation Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 28 Navigation Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 29 Communication Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 30 Communication Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 31 Earth Observation Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 32 Earth Observation Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 33 Scientific Research Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 34 Scientific Research Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 35 Others Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 36 Others Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 37 Small Satellite Market Attractiveness Index by End-users
Figure 38 Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR %)
Figure 39 Small Satellite Market Share Forecast by End-users, 2023, 2028, 2033 (%)
Figure 40 Commercial Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 41 Commercial Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 42 Government & Military Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 43 Government & Military Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 44 Others Segment Market Forecast by Region, 2023-2033 (US$ Million, AGR %)
Figure 45 Others Segment Market Share Forecast by Region, 2023 & 2033 (%)
Figure 46 Small Satellite Market Forecast by Region 2023 and 2033 (Revenue, CAGR%)
Figure 47 Small Satellite Market Share Forecast by Region 2023, 2028, 2033 (%)
Figure 48 Small Satellite Market by Region, 2023-2033 (US$ Mn)
Figure 49 North America Small Satellite Market Attractiveness Index
Figure 50 North America Small Satellite Market by Country, 2023, 2028 & 2033 (US$ Million)
Figure 51 North America Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR %)
Figure 52 North America Small Satellite Market Share Forecast by Country, 2023 & 2033 (%)
Figure 53 North America Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR %)
Figure 54 North America Small Satellite Market Share Forecast by Type, 2023 & 2033 (%)
Figure 55 North America Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR %)
Figure 56 North America Small Satellite Market Share Forecast by Application, 2023 & 2033 (%)
Figure 57 North America Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR %)
Figure 58 North America Small Satellite Market Share Forecast by End-users, 2023 & 2033 (%)
Figure 59 U.S. Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 60 Canada Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 61 Europe Small Satellite Market Attractiveness Index
Figure 62 Europe Small Satellite Market by Country, 2023, 2028 & 2033 (US$ Million)
Figure 63 Europe Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR %)
Figure 64 Europe Small Satellite Market Share Forecast by Country, 2023 & 2033 (%)
Figure 65 Europe Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR %)
Figure 66 Europe Small Satellite Market Share Forecast by Type, 2023 & 2033 (%)
Figure 67 Europe Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR %)
Figure 68 Europe Small Satellite Market Share Forecast by Application, 2023 & 2033 (%)
Figure 69 Europe Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR %)
Figure 70 Europe Small Satellite Market Share Forecast by End-users, 2023 & 2033 (%)
Figure 71 Germany Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 72 UK Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 73 France Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 74 Italy Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 75 Spain Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 76 Russia Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 77 Rest of Europe Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 78 Asia Pacific Small Satellite Market Attractiveness Index
Figure 79 Asia Pacific Small Satellite Market by Country, 2023, 2028 & 2033 (US$ Million)
Figure 80 Asia Pacific Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR %)
Figure 81 Asia Pacific Small Satellite Market Share Forecast by Country, 2023 & 2033 (%)
Figure 82 Asia Pacific Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR %)
Figure 83 Asia Pacific Small Satellite Market Share Forecast by Type, 2023 & 2033 (%)
Figure 84 Asia Pacific Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR %)
Figure 85 Asia Pacific Small Satellite Market Share Forecast by Application, 2023 & 2033 (%)
Figure 86 Asia Pacific Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR %)
Figure 87 Asia Pacific Small Satellite Market Share Forecast by End-users, 2023 & 2033 (%)
Figure 88 Japan Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 89 China Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 90 India Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 91 Australia Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 92 South Korea Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 93 South-East Asia Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 94 Rest of Asia Pacific Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 95 Latin America Small Satellite Market Attractiveness Index
Figure 96 Latin America Small Satellite Market by Country, 2023, 2028 & 2033 (US$ Million)
Figure 97 Latin America Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR %)
Figure 98 Latin America Small Satellite Market Share Forecast by Country, 2023 & 2033 (%)
Figure 99 Latin America Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR %)
Figure 100 Latin America Small Satellite Market Share Forecast by Type, 2023 & 2033 (%)
Figure 101 Latin America Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR %)
Figure 102 Latin America Small Satellite Market Share Forecast by Application, 2023 & 2033 (%)
Figure 103 Latin America Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR %)
Figure 104 Latin America Small Satellite Market Share Forecast by End-users, 2023 & 2033 (%)
Figure 105 Brazil Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 106 Mexico Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 107 Rest of Latin America Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 108 MEA Small Satellite Market Attractiveness Index
Figure 109 MEA Small Satellite Market by Country, 2023, 2028 & 2033 (US$ Million)
Figure 110 MEA Small Satellite Market Forecast by Country, 2023-2033 (US$ Million, AGR %)
Figure 111 MEA Small Satellite Market Share Forecast by Country, 2023 & 2033 (%)
Figure 112 MEA Small Satellite Market Forecast by Type, 2023-2033 (US$ Million, AGR %)
Figure 113 MEA Small Satellite Market Share Forecast by Type, 2023 & 2033 (%)
Figure 114 MEA Small Satellite Market Forecast by Application, 2023-2033 (US$ Million, AGR %)
Figure 115 MEA Small Satellite Market Share Forecast by Application, 2023 & 2033 (%)
Figure 116 MEA Small Satellite Market Forecast by End-users, 2023-2033 (US$ Million, AGR %)
Figure 117 MEA Small Satellite Market Share Forecast by End-users, 2023 & 2033 (%)
Figure 118 GCC Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 119 South Africa Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 120 Rest of MEA Small Satellite Market Forecast, 2023-2033 (US$ Million, AGR %)
Figure 121 Airbus: Net Revenue, 2017-2022 (US$ Million, AGR%)
Figure 122 Airbus: Regional Market Shares (%), 2022
Figure 123 Airbus: Business Segment Market Shares (%), 2022
Figure 124 Airbus: R&D, 2017-2022 (US$ Million, AGR%)
Figure 125 Ball Corporation: Net Revenue, 2017-2022 (US$ Million, AGR%)
Figure 126 Boeing: Net Revenue, 2017-2022 (US$ Million, AGR%)
Figure 127 Boeing: Regional Market Shares (%), 2022
Figure 128 Boeing: Business Segment Market Shares (%), 2022
Figure 129 Boeing: R&D, 2017-2022 (US$ Million, AGR%)
Figure 130 L3Harris Technologies, Inc.: Net Revenue, 2017-2022 (US$ Million, AGR%)
Figure 131 L3Harris Technologies, Inc.: Business Segment Market Shares (%), 2022
Figure 132 Northrop Grumman Corporation: Net Revenue, 2017-2022 (US$ Million, AGR%)
Figure 133 Northrop Grumman Corporation: Regional Market Shares (%), 2022
Figure 134 Northrop Grumman Corporation: Business Segment Market Shares (%), 2022
Figure 135 Lockheed Martin Corporation: Net Revenue, 2017-2022 (US$ Million, AGR%)
Figure 136 Lockheed Martin Corporation: Regional Market Shares (%), 2022
Figure 137 Thales Group: Net Revenue, 2017-2022 (US$ Million, AGR%)

Companies Mentioned

  • Airbus
  • Axelspace Corporation
  • Ball Corporation
  • Blue Canyon Technologies
  • Boeing
  • Gomspace
  • L3Harris Technologies, Inc.
  • Lockheed Martin Corporation
  • Maxar Technologies
  • Northrop Grumman Corporation
  • OHB SE
  • Planet Labs PBC
  • Sierra Nevada Corporation
  • Space Exploration Technologies Corp. (SPACEX)
  • Surrey Satellite Technology Ltd.
  • Thales Group (Thales Alenia Space)
  • Agnikul Cosmos
  • AIKO srl
  • Capella Space
  • Constellr
  • Dauria Aerospace
  • Dhruva Space
  • EarthDaily Analytics Corp.
  • Exotrail
  • Fleet Space Technologies
  • GeoOptics Inc.
  • Gilmour Space Technologies
  • IHI Corporation
  • Isar Aerospace
  • Myriota
  • OneWeb
  • Rocket Lab USA, Inc.
  • Relativity Space
  • ReOrbit
  • RSC Energia
  • SatSure
  • Science Applications International Corp.
  • Spire Global, Inc.
  • Sputnix
  • Telespazio
  • Brazilian Space Agency (AEB)
  • Canadian Space Agency (CSA)
  • Center for the Development of Industrial Technology (CDTI)
  • Department of Space (DoS)
  • European Space Agency (ESA)
  • German Federal Government
  • Indian Space Research Organisation (ISRO)
  • Japan Aerospace Exploration Agency (JAXA)
  • Japan Meteorological Agency (JMA)
  • Korea Aerospace Research Institute (KARI)
  • National Aeronautics and Space Administration (NASA)
  • National Institute for Space Research (INPE)
  • NewSpace India Limited (NSIL)
  • Mexican Space Agency (AEM)
  • SmartSat Cooperative Research Center (CRC)
  • Space Development Agency (SDA)
  • Spanish National Institute for Aerospace Technology (INTA)
  • State Space Corporation ROSCOSMOS

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About the Small Satellite Market

The Small Satellite market is a subset of the Satellite Communications industry. It is composed of satellites that are smaller in size and mass than traditional satellites, and are typically used for specific applications such as Earth observation, communications, navigation, and scientific research. Small satellites are typically launched in groups, known as constellations, and are often used to provide services such as broadband internet access, remote sensing, and maritime monitoring. Small satellites are becoming increasingly popular due to their low cost and short development time. They are also more flexible than traditional satellites, allowing for rapid deployment and reconfiguration. This makes them ideal for applications such as disaster response, where quick deployment is essential. Some companies in the Small Satellite market include Planet Labs, Spire Global, HawkEye 360, and Astrocast. Show Less Read more

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