Small Satellite Market

Small satellites are satellites of low mass and size, usually under 500 kg (1,100 lb). While all such satellites can be referred to as "small", different classifications are used to categorize them based on mass. Satellites can be built small to reduce the large economic cost of launch vehicles and the costs associated with construction. Miniature satellites, especially in large numbers, may be more useful than fewer, larger ones for some purposes ? for example, gathering of scientific data and radio relay.

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

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

Global Small Satellite Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Small Satellite companies in 2021 (%)

The global Small Satellite market was valued at 1059.8 million in 2021 and is projected to reach US$ 3412.8 million by 2028, at a CAGR of 18.2% during the forecast period.

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

Microsatellite Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Small Satellite include Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Surrey Satellite Technology, Axelspace, Sierra Nevada, Clyde Space and Planet Labs, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Small 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 Small Satellite Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Small Satellite Market Segment Percentages, by Type, 2021 (%)

Microsatellite

Nanosatellite

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

Global Small Satellite Market Segment Percentages, by Application, 2021 (%)

National Security

Science & Environment

Commerce

Others

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

Global Small 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 Small Satellite revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Small Satellite revenues share in global market, 2021 (%)

Key companies Small Satellite sales in global market, 2017-2022 (Estimated), (Units)

Key companies Small 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

Surrey Satellite Technology

Axelspace

Sierra Nevada

Clyde Space

Planet Labs

Dauria Aerospace

CASC