Global Small Satellite Market - By Industry, Applications and Geography (2016 - 2021)

  • ID: 3970561
  • Report
  • Region: Global
  • 125 pages
  • Mordor Intelligence
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The global small satellite market was valued at USD 1.92 billion in 2015 and is estimated to grow at a CAGR of 18.4%, to reach USD 4.47 billion by 2020. In the initial years of satellite development, most of the focus was on developing the satellites and launching vehicles that are heavyweight and huge in size, respectively. With the increasing technological advancements, over time, the focus has been on launching the satellites into different orbits. Integration of sensors into the satellite design has further boosted the capabilities. Integration of such technologies has helped many organizations, such as military, healthcare, entertainment, etc., to grow commercially. Developed countries, especially Russia and the United States, have started the space rivalry in launching the highest number of satellites into the orbit. Over time, this rivalry has increased the space debris and consumed more time and money in designing huge satellites. This phenomenon has effected many commercial companies, with a few going into losses. Advances in space technology have increased the interest in designing small satellites. Whereas, small satellites are designed with less mass and volume and can be launched into the orbit at a lower cost. As per the standard convention, medium satellites fall in the range of 500 kg–1000 kg, and small satellites are known to have a maximum weight of 500 kg. However, cost-effective small satellite launching options are still not available, and this is a huge limitation for the market.

Features like the requirement of fewer logistics, lesser manufacturing time, ease of launch, lesser orbital space requirement, etc., are major drivers of this market. Small satellites are in huge demand in various industries (like defense sector, commercial organizations, educational organizations, healthcare, transportation and logistics, BFSI sector, chemical and metrological, GIS sector and others). The market is also segmented by type (mini-satellite, micro-satellite, nano-satellite, pico-satellite, Femto-satellites) and geography (North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa). This market is still untapped in the regions of APAC and the Middle East and Africa.

The report includes a competitive assessment regarding an overview of the market players, profiles, products and services, business strategies, recent developments and innovation, market landscape, future trends and forecasts, and mergers & acquisitions.

The major companies dominating this market for its products, services, and continuous product developments are –

- Airbus Defense and Space
- ST Engineering Limited
- Surrey Satellite Technology
- Space Exploration Technologies
- Sierra Nevada Corporation
- Thales Alenia Space
- Planet Labs
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- Boeing
- Aerospace Corporation
- Millennium Space Systems
- Geooptics
- Oneweb
- Harris Corporation
- Spire Global

Key Deliverables in the Study

- Market analysis for the global small satellite market, with region-specific assessments and competition analysis on global and regional scales.
- Market definition along with the identification of key drivers and restraints.
- Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
- Extensively researched competitive landscape section with profiles of major companies along with their market share.
- Identification and analysis of the macro and micro factors that affect the global small satellite market on both global and regional scale.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
- A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
- Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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1. Introduction

1.1 Study Deliverables

1.2 Key Findings of The Study

1.3 Research Methodology

2. Executive Summary

3. Market Overview

3.1 Overview

3.2 Porters Five Force Analysis

3.2.1 Threat of New Entrants

3.2.2 Bargaining Power of Consumers

3.2.3 Bargaining Power of Suppliers

3.2.4 Threat of Substitute Products and Services

3.2.5 Intensity of Competitive Rivalry

4. Market Dynamics

4.1 Drivers

4.1.1 Increased Debris in Space

4.1.2 Rise in Demand for Small-Scale Satellites

4.1.3 Less Development Time

4.2 Restraints

4.2.1 High-Cost Satellite Launch Vehicles

4.2.2 Lack of Awareness of Small Satellite Internatinal Regulations

5. Global Small Satellite Market Segmentation

5.1 By Type

5.1.1 Mini-Satellite

5.1.2 Micro-Satellite

5.1.3 Nano-Satellite

5.1.4 Pico-Satellite

5.1.5 Femto-Satellite

5.2 By End-User Industry

5.2.1 Defense Sector

5.2.2 Commercial Organisations

5.2.3 Educational Organisations

5.2.4 Healthcare

5.2.5 Transportation and Logistics

5.2.6 BFSI Sector

5.2.7 Chemical and Metrological

5.2.8 GIS Sector

5.2.9 Others

5.3 By Region

5.3.1 North America U.S. Canada Rest Of North America

5.3.2 Europe U.K France Germany Russia Rest of Europe

5.3.3 Asia-Pacific China Japan India Rest of Asia-Pacific

5.3.4 Latin America Brazil Argentina Mexico Rest of Latin America

5.3.5 The Middle East and Africa Saudi Arabia UAE Iran South Africa Rest of the Middle East and Africa

6. Vendor Market Share Analysis

7. Competitive Intelligence - Company Profiles

7.1 Airbus Defense and Space

7.2 Thales Group

7.3 ST Engineering Limited

7.4 Surrey Satellite Technology

7.5 Space Exploration Technologies

7.6 Sierra Nevada Corporation

7.7 Thales Alenia Space

7.8 Planet Labs

7.9 Millennium Space Systems

7.10 Geooptics

7.11 Harris Corporation

7.12 Spire Global

7.13 Northrop Grumman Corporation

7.14 Others

8. Investment Analysis

8.1 Recent Mergers & Acquisitions

8.2 Investment Scenario & Opportunities

9. Future of the Global Small Satellite Market
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