Low-Cost Satellite Market

Low-cost satellites are satellites whose life-cycle costs are significantly lower than the average cost of similar satellites. Foreign research community that can not be defined in a quantitative way low-cost satellite, but based on mathematical statistics analysis method can be compared to determine the low-cost category of satellite projects.

Low-Cost Satellite Market contains market size and forecasts of Low-Cost Satellite in global, including the following market information:

Global Low-Cost Satellite Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Low-Cost Satellite Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Low-Cost Satellite companies in 2021 (%)

The global Low-Cost Satellite market was valued at 1059.8 million in 2021 and is projected to reach US$ 3840.4 million by 2028, at a CAGR of 20.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Low-Cost Communication Satellite Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Low-Cost Satellite include Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Black Sky, Surrey Satellite Technology, Spire, Axelspace and Aerospace, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Low-Cost Satellite manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Low-Cost Satellite Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Low-Cost Satellite Market Segment Percentages, by Type, 2021 (%)

Low-Cost Communication Satellite

Low-Cost Imaging Satellite

Others

Global Low-Cost Satellite Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Low-Cost Satellite Market Segment Percentages, by Application, 2021 (%)

Civil

Commercial

Military

Global Low-Cost Satellite Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Low-Cost Satellite Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Low-Cost Satellite revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Low-Cost Satellite revenues share in global market, 2021 (%)

Key companies Low-Cost Satellite sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Low-Cost Satellite sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Lockheed Martin

Northrop Gruman

Raytheon

Dynetics

Black Sky

Surrey Satellite Technology

Spire

Axelspace

Aerospace

Deep Space Industries

Sierra Nevada

Clyde Space

Planet Labs

Dauria Aerospace

Terran Orbital

Thales Alenia Space

SpaceQuest