+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Small Satellite Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Application Transmitter, Payload, and Vertical

  • PDF Icon

    Report

  • 211 Pages
  • November 2022
  • Region: Global
  • The Insight Partners
  • ID: 5702384
UP TO OFF until Mar 31st 2024
The small satellite market is expected to reach US$ 11,778.83 million by 2028; it is estimated to grow at a CAGR of 24.7% from 2022 to 2028.

Internet access, machine-to-machine communication (M2M), and the Internet of Things (IoT) are among the most important applications of a small satellite. Space has become an ideal solution to improve the efficiency of current terrestrial communication networks. According to Alén Space, by 2025, more than 25.2 billion IoT connections are predicted to exist worldwide, and the IoT market will reach US$ 1,072.08 billion (€ 950 billion). Also, small satellite constellations can play an important role in various environmental conditions, especially in remote or hard-to-reach places, where real-time data is received from all types of sensors and linked devices for IoT-based business models. Thus, a small satellite helps receive, store, and transmit real-time information to any point.

A small satellite can also be effective for remote management. Sensors can help control all devices, receive real-time information, and send commands for configurations remotely across the world. Satellite communications support land-based communications in Amazon basin, Antarctica, offshore platforms, critical infrastructure such as nuclear power plants and other hard-to-reach areas. Also, small satellites guarantee communication in any circumstances in virtually uncommunicated areas such as large rural areas, desert territories, frozen areas, jungle areas, and high seas.

For high internet access, several projects are being launched in various developed and developing regions where small satellites play a major role. According to Oberlo, in 2022, there are ~62.6% active internet users across the world. The growing internet access worldwide will propel the demand for small satellites during the forecast period. Thus, the rising demand for small satellites to provide internet access, M2M communication, and IoT will create a lucrative opportunity for small satellite market growth during the forecast period.

The major small satellite market players include companies such as Thales Group, Airbus, L3Harris Technologies Inc., SpaceX, and Swarm Technologies. These companies have a well-established customer base, and they are already engaged in the development of small satellites for the future small satellite major projects globally. Also, the small satellite market players have been collaboratively working with different end users such as government, commercial, and military customers to cater to their growing needs for nanosatellites, microsatellites, and picosatellites. Further, these companies have a good market share in terms of subsidiary companies. Most of the small satellite market leaders also focus on implementing merger and acquisition strategies that lead to the expansion of their existing business lines along with strong expansion.

Companies with low profit margin includes vendors such as Aerospace Corporation, Millennium Space System, AAC Clyde Space, Microsats Systems, and Zephyr. These companies are majorly focusing on providing innovative solutions to their respective customers to retain their positions in their respective product segments. Such vendors have a less product differentiation of small satellites along with limited customer base, which is one of the major factors behind their lower small satellite market share and lower profit margins.

Based on country, the small satellite market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Over the years, satellite research & development programs and production facilities have increased in Europe. The region is also highly dependent on space services for applications such as earth observation, communication, and navigation. According to European Parliamentary Research Service (EPRS), 10% of Europe’s GDP is supported by satellite navigation signals. For instance, according to EPRS, in 2021, the global navigation satellite systems (GNSS) recorded a total revenue of US$ 174.27 billion, in which Europe accounted for 25% of the total revenue. Thus, the growing demand for nano and micro satellites for communication and navigation applications across the country is constantly increasing across the region.

SES, Eutelsat, Arqiva, Hispasat, Globecast, and other World Teleport Association (WTA) companies are utilizing small satellite networks to offer communication services. These companies offer cloud services and other connectivity solutions for video and data management to video service providers, broadcasters, telecom operators, Internet Service Providers (ISPs), and government agencies. Thus, the rising adoption of satellite communication is directly propelling the demand for small satellites across Europe, contributing to the growth of the small satellite market in the region.

The European Space Agency (ESA) is actively engaged in several projects to develop nanosatellites. For instance, in April 2019, the ESA set up a dedicated unit for designing nanosatellite. The agency partnered with numerous local organizations to design nano satellites for atmospheric reentry measurements and ozone monitoring. Also, in 2019, ESA started the development of Miniaturized - Asteroid Remote Geophysical Observer (M-ARGO) nanosatellite for the assessment of asteroids. Another nano satellite that the agency is developing includes Rendezvous Autonomous CubeSats Experiment (RACE) for the testing of autonomous rendezvous and docking capabilities. These factors are further expected to contribute to the rapid growth of the small satellite market in Europe in the coming years. The region also homes several small satellite market players, further boosting the growth of the region. Some of the players to be mentioned are Infineon Technologies AG, Tyvak International, AAC Clyde Space, Leonardo S.p.A, SPUTNIX LLC, and Alén Space.

The overall small satellite market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the small satellite market size. The process also serves the purpose of obtaining an overview and forecast of the small satellite market growth with respect to all small satellite market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. Participants of this process include VPs, business development managers, intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global small satellite market analysis.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Small Satellite Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Small Satellite Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Support for Development of Small Satellite
5.1.2 Increasing Number of Partnerships and Contracts
5.2 Key Market Restraints
5.2.1 Lack of Small Satellite Manufacturers Across Emerging Regions
5.3 Key Market Opportunities
5.3.1 Growing IoT and Communication Applications
5.3.2 Rising Production of Smallsats for Beyond LEO Orbit Launches
5.4 Future Trends
5.4.1 Rising Adoption of Small Satellites for Military Applications
5.5 Impact Analysis of Drivers and Restraints
6. Small Satellite Market - Global Market Analysis
6.1 Small Satellite Market Global Overview
6.2 Global Small Satellite Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
6.4 Competitive Benchmarking
6.4.1 Competitive Benchmarking
6.5 Growth Matrix
7. Small Satellite Market Analysis - By Type
7.1 Overview
7.2 Small Satellite Market, By Type (2021 and 2028)
7.3 Nanosatellite (Upto 10 Kg)
7.3.1 Overview
7.3.2 Nanosatellite (Upto 10 Kg): Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Microsatellite (10-150 Kg)
7.4.1 Overview
7.4.2 Microsatellite (10-150 Kg): Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
8. Small Satellite Market Analysis - By Payload
8.1 Overview
8.2 Small Satellite Market, By Payload (2021 and 2028)
8.3 Automatic Identification System (AIS)
8.3.1 Overview
8.3.2 Automatic Identification System: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Transmitter
8.4.1 Overview
8.4.2 Transmitter: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Imaging Devices
8.5.1 Overview
8.5.2 Imaging Devices: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
9. Small Satellite Market Analysis - By Application
9.1 Overview
9.2 Small Satellite Market Breakdown, by Application, (2021 and 2028)
9.3 Earth Observation
9.3.1 Overview
9.3.2 Earth Observation: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Communication and Navigation
9.4.1 Overview
9.4.2 Communication and Navigation: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Scientific Research
9.5.1 Overview
9.5.2 Scientific Research: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
10. Small Satellite Market Analysis - By Vertical
10.1 Overview
10.2 Small Satellite Market Breakdown, by Vertical, (2021 and 2028)
10.3 Government
10.3.1 Overview
10.3.2 Government: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Military
10.4.1 Overview
10.4.2 Military: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Commercial
10.5.1 Overview
10.5.2 Commercial: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11. Small Satellite Market - Geographic Analysis
11.1 Overview
11.2 North America: Small Satellite Market
11.2.1 North America: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: Small Satellite Market, By Type
11.2.3 North America: Small Satellite Market, by Application
11.2.4 North America: Small Satellite Market, by Payload
11.2.5 North America: Small Satellite Market, by Vertical
11.2.6 North America: Small Satellite Market, by Key Country
11.2.6.1 US: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: Small Satellite Market, By Type
11.2.6.1.2 US: Small Satellite Market, by Application
11.2.6.1.3 US: Small Satellite Market, by Payload
11.2.6.1.4 US: Small Satellite Market, by Vertical
11.2.6.2 Canada: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: Small Satellite Market, By Type
11.2.6.2.2 Canada: Small Satellite Market, by Application
11.2.6.2.3 Canada: Small Satellite Market, by Payload
11.2.6.2.4 Canada: Small Satellite Market, by Vertical
11.2.6.3 Mexico: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: Small Satellite Market, By Type
11.2.6.3.2 Mexico: Small Satellite Market, by Application
11.2.6.3.3 Mexico: Small Satellite Market, by Payload
11.2.6.3.4 Mexico: Small Satellite Market, by Vertical
11.3 Europe: Small Satellite Market
11.3.1 Europe: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: Small Satellite Market, By Type
11.3.3 Europe: Small Satellite Market, by Application
11.3.4 Europe: Small Satellite Market, by Payload
11.3.5 Europe: Small Satellite Market, by Vertical
11.3.6 Europe: Small Satellite Market, by Key Country
11.3.6.1 Germany: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 Germany: Small Satellite Market, By Type
11.3.6.1.2 Germany: Small Satellite Market, by Application
11.3.6.1.3 Germany: Small Satellite Market, by Payload
11.3.6.1.4 Germany: Small Satellite Market, by Vertical
11.3.6.2 France: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 France: Small Satellite Market, By Type
11.3.6.2.2 France: Small Satellite Market, by Application
11.3.6.2.3 France: Small Satellite Market, by Payload
11.3.6.2.4 France: Small Satellite Market, by Vertical
11.3.6.3 Italy: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.3.1 Italy: Small Satellite Market, By Type
11.3.6.3.2 Italy: Small Satellite Market, by Application
11.3.6.3.3 Italy: Small Satellite Market, by Payload
11.3.6.3.4 Italy: Small Satellite Market, by Vertical
11.3.6.4 UK: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.4.1 UK: Small Satellite Market, By Type
11.3.6.4.2 UK: Small Satellite Market, by Application
11.3.6.4.3 UK: Small Satellite Market, by Payload
11.3.6.4.4 UK: Small Satellite Market, by Vertical
11.3.6.5 Russia: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.5.1 Russia: Small Satellite Market, By Type
11.3.6.5.2 Russia: Small Satellite Market, by Application
11.3.6.5.3 Russia: Small Satellite Market, by Payload
11.3.6.5.4 Russia: Small Satellite Market, by Vertical
11.3.6.6 Rest of Europe: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.3.6.6.1 Rest of Europe: Small Satellite Market, By Type
11.3.6.6.2 Rest of Europe: Small Satellite Market, by Application
11.3.6.6.3 Rest of Europe: Small Satellite Market, by Payload
11.3.6.6.4 Rest of Europe: Small Satellite Market, by Vertical
11.4 Asia Pacific: Small Satellite Market
11.4.1 Asia Pacific: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.4.2 Asia Pacific: Small Satellite Market, By Type
11.4.3 Asia Pacific: Small Satellite Market, by Application
11.4.4 Asia Pacific: Small Satellite Market, by Payload
11.4.5 Asia Pacific: Small Satellite Market, by Vertical
11.4.6 Asia Pacific: Small Satellite Market, by Key Country
11.4.6.1 Australia: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: Small Satellite Market, By Type
11.4.6.1.2 Australia: Small Satellite Market, by Application
11.4.6.1.3 Australia: Small Satellite Market, by Payload
11.4.6.1.4 Australia: Small Satellite Market, by Vertical
11.4.6.2 China: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: Small Satellite Market, By Type
11.4.6.2.2 China: Small Satellite Market, by Application
11.4.6.2.3 China: Small Satellite Market, by Payload
11.4.6.2.4 China: Small Satellite Market, by Vertical
11.4.6.3 India: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: Small Satellite Market, By Type
11.4.6.3.2 India: Small Satellite Market, by Application
11.4.6.3.3 India: Small Satellite Market, by Payload
11.4.6.3.4 India: Small Satellite Market, by Vertical
11.4.6.4 Japan: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Japan: Small Satellite Market, By Type
11.4.6.4.2 Japan: Small Satellite Market, by Application
11.4.6.4.3 Japan: Small Satellite Market, by Payload
11.4.6.4.4 Japan: Small Satellite Market, by Vertical
11.4.6.5 South Korea: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.5.1 South Korea: Small Satellite Market, By Type
11.4.6.5.2 South Korea: Small Satellite Market, by Application
11.4.6.5.3 South Korea: Small Satellite Market, by Payload
11.4.6.5.4 South Korea: Small Satellite Market, by Vertical
11.4.6.6 Rest of APAC: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.4.6.6.1 Rest of APAC: Small Satellite Market, By Type
11.4.6.6.2 Rest of APAC: Small Satellite Market, by Application
11.4.6.6.3 Rest of APAC: Small Satellite Market, by Payload
11.4.6.6.4 Rest of APAC: Small Satellite Market, by Vertical
11.5 MEA: Small Satellite Market
11.5.1 MEA: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.5.2 MEA: Small Satellite Market, By Type
11.5.3 MEA: Small Satellite Market, by Application
11.5.4 MEA: Small Satellite Market, by Payload
11.5.5 MEA: Small Satellite Market, by Vertical
11.5.6 MEA: Small Satellite Market, by Key Country
11.5.6.1 Saudi Arabia: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 Saudi Arabia: Small Satellite Market, By Type
11.5.6.1.2 Saudi Arabia: Small Satellite Market, by Application
11.5.6.1.3 Saudi Arabia: Small Satellite Market, by Payload
11.5.6.1.4 Saudi Arabia: Small Satellite Market, by Vertical
11.5.6.2 UAE: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 UAE: Small Satellite Market, By Type
11.5.6.2.2 UAE: Small Satellite Market, by Application
11.5.6.2.3 UAE: Small Satellite Market, by Payload
11.5.6.2.4 UAE: Small Satellite Market, by Vertical
11.5.6.3 South Africa: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.3.1 South Africa: Small Satellite Market, By Type
11.5.6.3.2 South Africa: Small Satellite Market, by Application
11.5.6.3.3 South Africa: Small Satellite Market, by Payload
11.5.6.3.4 South Africa: Small Satellite Market, by Vertical
11.5.6.4 Rest of MEA: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.5.6.4.1 Rest of MEA: Small Satellite Market, By Type
11.5.6.4.2 Rest of MEA: Small Satellite Market, by Application
11.5.6.4.3 Rest of MEA: Small Satellite Market, by Payload
11.5.6.4.4 Rest of MEA: Small Satellite Market, by Vertical
11.6 SAM: Small Satellite Market
11.6.1 SAM: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.6.2 SAM: Small Satellite Market, By Type
11.6.3 SAM: Small Satellite Market, by Application
11.6.4 SAM: Small Satellite Market, by Payload
11.6.5 SAM: Small Satellite Market, by Vertical
11.6.6 SAM: Small Satellite Market, by Key Country
11.6.6.1 Brazil: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Brazil: Small Satellite Market, By Type
11.6.6.1.2 Brazil: Small Satellite Market, by Application
11.6.6.1.3 Brazil: Small Satellite Market, by Payload
11.6.6.1.4 Brazil: Small Satellite Market, by Vertical
11.6.6.2 Rest of SAM: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Rest of SAM: Small Satellite Market, By Type
11.6.6.2.2 Rest of SAM: Small Satellite Market, by Application
11.6.6.2.3 Rest of SAM: Small Satellite Market, by Payload
11.6.6.2.4 Rest of SAM: Small Satellite Market, by Vertical
12. Small Satellite Market - COVID-19 Impact Analysis
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12.5 MEA: Impact Assessment of COVID-19 Pandemic
12.6 South America Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.1 Merger and Acquisition
14. Company Profiles
14.1 Dauria Aerospace
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 GomSpace Group AB
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Lockheed Martin Corp
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Northrop Grumman Corp
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Raytheon Technologies Corp
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Sierra Nevada Corp
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Surrey Satellite Technology Ltd
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Swarm Technologies Inc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Thales SA
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Tyvak international SRL
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About the Publisher
15.2 Word Index
List of Figures
Figure 1. Small Satellite Market Segmentation
Figure 2. Small Satellite Market Segmentation - Geography
Figure 3. Small Satellite Market Overview
Figure 4. Small Satellite Market, By Type
Figure 5. Small Satellite Market, By Application
Figure 6. Small Satellite Market, By Payload
Figure 7. Small Satellite Market, By Vertical
Figure 8. Small Satellite Market, By Region
Figure 9. Porter’s Five Forces Analysis
Figure 10. Small Satellite Market: Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Insights on Dedicated Small Satellites and Rideshare Small Satellites
Figure 13. Small Satellite Market: Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Small Satellite Market
Figure 15. Global Small Satellite Market, Forecast and Analysis (US$ Million)
Figure 16. Market Positioning- Top Five Players
Figure 17. Competitive Benchmarking
Figure 18. Small Satellite Market Revenue Share, by Type (2021 and 2028)
Figure 19. Nanosatellite (Upto 10 Kg): Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Microsatellite (10-150 Kg): Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Small Satellite Market Revenue Share, by Payload (2021 and 2028)
Figure 22. Automatic Identification System: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Transmitter: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Imaging Devices: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Small Satellite Market Breakdown, by Application (2021 and 2028)
Figure 27. Earth Observation: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Communication and Navigation: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Scientific Research: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Small Satellite Market Breakdown, by Vertical (2021 and 2028)
Figure 31. Government: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Military: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Commercial: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Global Small Satellite Market Revenue Share, By Region (2021 & 2028)
Figure 35. North America: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. North America: Small Satellite Market Revenue Share, By Type (2021 & 2028)
Figure 37. North America: Small Satellite Market Revenue Share, by Application (2021 & 2028)
Figure 38. North America: Small Satellite Market Revenue Share, by Payload (2021 & 2028)
Figure 39. North America: Small Satellite Market Revenue Share, by Vertical (2021 & 2028)
Figure 40. North America: Small Satellite Market Revenue Share, by Key Country (2021 & 2028)
Figure 41. US: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. Canada: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 43. Mexico: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 45. Europe: Small Satellite Market Revenue Share, By Type (2021 & 2028)
Figure 46. Europe: Small Satellite Market Revenue Share, by Application (2021 & 2028)
Figure 47. Europe: Small Satellite Market Revenue Share, by Payload (2021 & 2028)
Figure 48. Europe: Small Satellite Market Revenue Share, by Vertical (2021 & 2028)
Figure 49. Europe: Small Satellite Market Revenue Share, by Key Country (2021 & 2028)
Figure 50. Germany: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 51. France: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 52. Italy: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 53. UK: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 54. Russia: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 55. Rest of Europe: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 56. Asia Pacific: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 57. Asia Pacific: Small Satellite Market Revenue Share, By Type (2021 & 2028)
Figure 58. Asia Pacific: Small Satellite Market Revenue Share, by Application (2021 & 2028)
Figure 59. Asia Pacific: Small Satellite Market Revenue Share, by Payload (2021 & 2028)
Figure 60. Asia Pacific: Small Satellite Market Revenue Share, by Vertical (2021 & 2028)
Figure 61. Asia Pacific: Small Satellite Market Revenue Share, by Key Country (2021 & 2028)
Figure 62. Australia: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 63. China: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 64. India: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 65. Japan: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 66. South Korea: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 67. Rest of APAC: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 68. MEA: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 69. MEA: Small Satellite Market Revenue Share, By Type (2021 & 2028)
Figure 70. MEA: Small Satellite Market Revenue Share, by Application (2021 & 2028)
Figure 71. MEA: Small Satellite Market Revenue Share, by Payload (2021 & 2028)
Figure 72. MEA: Small Satellite Market Revenue Share, by Vertical (2021 & 2028)
Figure 73. MEA: Small Satellite Market Revenue Share, by Key Country (2021 & 2028)
Figure 74. Saudi Arabia: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 75. UAE: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 76. South Africa: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 77. Rest of MEA: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 78. SAM: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 79. SAM: Small Satellite Market Revenue Share, By Type (2021 & 2028)
Figure 80. SAM: Small Satellite Market Revenue Share, by Application (2021 & 2028)
Figure 81. SAM: Small Satellite Market Revenue Share, by Payload (2021 & 2028)
Figure 82. SAM: Small Satellite Market Revenue Share, by Vertical (2021 & 2028)
Figure 83. SAM: Small Satellite Market Revenue Share, by Key Country (2021 & 2028)
Figure 84. Brazil: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 85. Rest of SAM: Small Satellite Market - Revenue and Forecast to 2028 (US$ Million)
Figure 86. Impact of COVID-19 Pandemic on Markets in North American Countries
Figure 87. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 88. Impact of COVID-19 Pandemic on APAC Country Markets
Figure 89. Impact of COVID-19 Pandemic on MEA Country Markets
Figure 90. Impact of COVID-19 Pandemic on South America Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Dauria Aerospace
  • GomSpace Group AB
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Sierra Nevada Corporation
  • Surrey Satellite Technology Ltd
  • Swarm Technologies Inc
  • Thales SA
  • Tyvak International SRL

Table Information