Nanosatellite And Microsatellite Market - Global Industry Analysis

Nanosatellite And Microsatellite Market, By Solution (Hardware, Software And Data Processing, Services ), By Mass (1 Kg To 10 Kg Nanosatellites And 11 Kg To 100 Kg Microsatellite), By Band (X-Band, K-Band, And Ka-Band), By Application (Communication, Earth Observation And Remote Sensing, Scientific Research, Biological Experiment, Technology Demonstration And Verification, Academic Training, Reconnaissance And Mapping, And Navigation), By End-User (Government, Civil, Commercial, Defense, Energy And Infrastructure, Energy And Utilities And Maritime And Transportation) : Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 14-Dec-2020 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-771 Status : Published

According to the report published by Zion Market Research, global demand for nanosatellite and microsatellite market was valued at approximately USD 1.75 Billion in 2019, and is expected to generate revenue of around USD 5.2 Billion by end of 2026, growing at a CAGR of around 21.5 % between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for nanosatellite and microsatellite market was valued at approximately USD 1.75 Billion in 2019, and is expected to generate revenue of around USD 5.2 Billion by end of 2026, growing at a CAGR of around 21.5 % between 2020 and 2026.

Global Nanosatellite And Microsatellite Market: Overview

Nanosatellites and microsatellites (NaMs) are mainly used for space research, earth observation and communication purposes. In addition to these applications, the use of nanosatellites and microsatellites is often used in the defence and military industries for industrial purposes. Nanosatellites and microsatellites are essentially used for science criteria for large-scale experimental goals. Being smaller in scale and cheaper than larger satellites, the market is increasing dramatically.

Global Nanosatellite And Microsatellite Market: Growth Factors

The market for nanosatellites and microsatellites has reached an all-time high level due to the growing speed of Earth observation, space exploration and communication. As a more viable alternative compared to large satellites and therefore lower expenditure, nanosatellites and microsatellites are more favoured for science research and in the military and defence sectors than for various commercial applications, which result in an overall rise in nanosatellites and microsatellites market. The demand for nanosatellites and microsatellites is expected to expand endlessly in space science. Other factors that may contribute to growth are the effect of lower demand and high construction costs. However the advantages of nanosatellites and microsatellites remain limited to short-and medium-term criteria and present difficulties for the global market for nanosatellites and microsatellites.

Global Nanosatellite And Microsatellite Market

Global Nanosatellite And Microsatellite Market: Segmentation

The global nanosatellites and microsatellites market can be segmented into its solution, mass, band, application, end-user, and geography. On the basis of the solution, the global market is divided into hardware, software and data processing, services such as professional and engineering services and launch services. Based on mass, the global nanosatellites and microsatellites market is segregated into 1 Kg to 10 Kg nanosatellites and 11 Kg to 100 Kg microsatellite. On the basis of the band, the global market gets divided into X-band, K-band, and Ka-band. Based on application, the market is classified into communication, earth observation and remote sensing, scientific research, biological experiment, technology demonstration and verification, academic training, reconnaissance and mapping, and navigation. On the basis of end-user, the segregation is seen into government, civil, commercial, defense, energy and infrastructure, energy and utilities and maritime and transportation. Diversification of the global nanosatellites and microsatellites market on the basis of the region is seen as North America, Europe, Asia-Pacific, the Middle East and Africa and Latin America.

Global Nanosatellite And Microsatellite Market: Regional Analysis

Largest market share in the nanosatellites and microsatellites market is seen in North America especially in the U.S. and Canada. Many major companies are keen on expanding their operations in the U.S. to capitalize on the increasing demand. Other regions following the growth in North America are Europe, Asia-Pacific, Latin America and the Middle East and Africa. The U.K., Germany, France, Spain, and Italy are the countries contributing towards the market share in Europe. Countries in Asia Pacific include Japan, China, India and Indonesia that contribute towards the global market growth. In the Middle East and Africa, the countries involved in the nanosatellites and microsatellites market are the UAE, Saudi Arabia, and South Africa. Brazil provides its ample share in the nanosatellites and microsatellites market in Latin America.

Global Nanosatellite And Microsatellite Market: Competitive Players

Some of the major companies in the nanosatellites and microsatellites market are Lockheed Martin Corporation, Planet Labs, Inc., Innovative Solutions In Space (ISIS) Group, RUAG Group, GomSpace, Clyde Space Inc., SpaceQuest Ltd., Raytheon, Skybox Imaging Inc. and the Sierra Nevada Corporation. 

Nanosatellite And Microsatellite Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Nanosatellite And Microsatellite Market, 2016 – 2026 (USD Billion)
    • 3.2.Global Nanosatellite And Microsatellite Market: Snapshot
  • Chapter 4.Nanosatellite And Microsatellite Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Nanosatellite And Microsatellite
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technulogy Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Nanosatellite And Microsatellite Market Attractiveness, By Sulution
    • 5.2.Global Nanosatellite And Microsatellite Market Attractiveness, By Mass
    • 5.3.Global Nanosatellite And Microsatellite Market Attractiveness, By Band
    • 5.4.Global Nanosatellite And Microsatellite Market Attractiveness, By Application
    • 5.5.Global Nanosatellite And Microsatellite Market Attractiveness, By End-User
    • 5.6.Global Nanosatellite And Microsatellite Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Nanosatellite And Microsatellite Market: Company Market Share, 2019
    • 6.2.Strategic Developments
    • 7.1.Global Nanosatellite And Microsatellite Market Overview: by Sulution
      • 7.1.1.Global Nanosatellite And Microsatellite Market Revenue Share, by Sulution , 2019 & 2026
    • 7.2.Global Nanosatellite And Microsatellite Market Analysis/Overview – By Sulution
      • 7.2.1.Hardware – Overview/Analysis
      • 7.2.2.Software And Data Processing – Overview/Analysis
      • 7.2.3.Services – Overview/Analysis
    • 7.3.Hardware
      • 7.3.1.Global Nanosatellite And Microsatellite Market for Hardware, Revenue (USD Billion) 2016 - 2026
    • 7.4.Software And Data Processing
      • 7.4.1.Global Nanosatellite And Microsatellite Market for Software And Data Processing, Revenue (USD Billion) 2016 - 2026
    • 7.5.Services
      • 7.5.1.Global Nanosatellite And Microsatellite Market for Services , Revenue (USD Billion) 2016 - 2026
    • 8.1.Global Nanosatellite And Microsatellite Market Overview: by Mass
      • 8.1.1.Global Nanosatellite And Microsatellite Market Revenue Share, by Mass , 2019 & 2026
    • 8.2.Global Nanosatellite And Microsatellite Market Analysis/Overview – By Mass
      • 8.2.1.1 Kg To 10 Kg Nanosatellites – Overview/Analysis
      • 8.2.2.11 Kg To 100 Kg Microsatellite – Overview/Analysis
    • 8.3.1 Kg To 10 Kg Nanosatellites
      • 8.3.1.Global Nanosatellite And Microsatellite Market for 1 Kg To 10 Kg Nanosatellites , Revenue (USD Billion) 2016 - 2026
    • 8.4.11 Kg To 100 Kg Microsatellite
      • 8.4.1.Global Nanosatellite And Microsatellite Market for 11 Kg To 100 Kg Microsatellite, Revenue (USD Billion) 2016 - 2026
    • 9.1.Global Nanosatellite And Microsatellite Market Overview: by Band
      • 9.1.1.Global Nanosatellite And Microsatellite Market Revenue Share, by Band , 2019 & 2026
    • 9.2.Global Nanosatellite And Microsatellite Market Analysis/Overview – By Band
      • 9.2.1.X-Band – Overview/Analysis
      • 9.2.2.K-Band – Overview/Analysis
      • 9.2.3.Ka-Band – Overview/Analysis
    • 9.3.X-Band
      • 9.3.1.Global Nanosatellite And Microsatellite Market for X-Band, Revenue (USD Billion) 2016 - 2026
    • 9.4.K-Band
      • 9.4.1.Global Nanosatellite And Microsatellite Market for K-Band, Revenue (USD Billion) 2016 - 2026
    • 9.5.Ka-Band
      • 9.5.1.Global Nanosatellite And Microsatellite Market for Ka-Band, Revenue (USD Billion) 2016 - 2026
    • 10.1.Global Nanosatellite And Microsatellite Market Overview: by Application
      • 10.1.1.Global Nanosatellite And Microsatellite Market Revenue Share, by Application , 2019 & 2026
    • 10.2.Global Nanosatellite And Microsatellite Market Analysis/Overview – By Application
      • 10.2.1.Communication – Overview/Analysis
      • 10.2.2.Earth Observation And Remote Sensing – Overview/Analysis
      • 10.2.3.Scientific Research – Overview/Analysis
      • 10.2.4.Biulogical Experiment – Overview/Analysis
      • 10.2.5.Technulogy Demonstration And Verification – Overview/Analysis
      • 10.2.6.Academic Training – Overview/Analysis
      • 10.2.7.Reconnaissance And Mapping – Overview/Analysis
      • 10.2.8.Navigation – Overview/Analysis
    • 10.3.Communication
      • 10.3.1.Global Nanosatellite And Microsatellite Market for Communication, Revenue (USD Billion) 2016 - 2026
    • 10.4.Earth Observation And Remote Sensing
      • 10.4.1.Global Nanosatellite And Microsatellite Market for Earth Observation And Remote Sensing, Revenue (USD Billion) 2016 - 2026
    • 10.5.Scientific Research
      • 10.5.1.Global Nanosatellite And Microsatellite Market for Scientific Research, Revenue (USD Billion) 2016 - 2026
    • 10.6.Biulogical Experiment
      • 10.6.1.Global Nanosatellite And Microsatellite Market for Biulogical Experiment, Revenue (USD Billion) 2016 - 2026
    • 10.7.Technulogy Demonstration And Verification
      • 10.7.1.Global Nanosatellite And Microsatellite Market for Technulogy Demonstration And Verification, Revenue (USD Billion) 2016 - 2026
    • 10.8.Academic Training
      • 10.8.1.Global Nanosatellite And Microsatellite Market for Academic Training, Revenue (USD Billion) 2016 - 2026
    • 10.9.Reconnaissance And Mapping
      • 10.9.1.Global Nanosatellite And Microsatellite Market for Reconnaissance And Mapping, Revenue (USD Billion) 2016 - 2026
    • 10.1.Navigation
      • 10.10.1.Global Nanosatellite And Microsatellite Market for Navigation, Revenue (USD Billion) 2016 - 2026
    • 11.1.Global Nanosatellite And Microsatellite Market Overview: by End-User
      • 11.1.1.Global Nanosatellite And Microsatellite Market Revenue Share, by End-User , 2019 & 2026
    • 11.2.Global Nanosatellite And Microsatellite Market Analysis/Overview – By End-User
      • 11.2.1.Government – Overview/Analysis
      • 11.2.2.Civil – Overview/Analysis
      • 11.2.3.Commercial – Overview/Analysis
      • 11.2.4.Defense – Overview/Analysis
      • 11.2.5.Energy And Infrastructure – Overview/Analysis
      • 11.2.6.Others – Overview/Analysis
    • 11.3.Government
      • 11.3.1.Global Nanosatellite And Microsatellite Market for Government, Revenue (USD Billion) 2016 - 2026
    • 11.4.Civil
      • 11.4.1.Global Nanosatellite And Microsatellite Market for Civil, Revenue (USD Billion) 2016 - 2026
    • 11.5.Commercial
      • 11.5.1.Global Nanosatellite And Microsatellite Market for Commercial, Revenue (USD Billion) 2016 - 2026
    • 11.6.Defense
      • 11.6.1.Global Nanosatellite And Microsatellite Market for Defense, Revenue (USD Billion) 2016 - 2026
    • 11.7.Energy And Infrastructure
      • 11.7.1.Global Nanosatellite And Microsatellite Market for Energy And Infrastructure, Revenue (USD Billion) 2016 - 2026
    • 11.8.Others
      • 11.8.1.Global Nanosatellite And Microsatellite Market for Others, Revenue (USD Billion) 2016 - 2026
  • Chapter 12.Nanosatellite And Microsatellite Market – Regional Analysis
    • 12.1.Global Nanosatellite And Microsatellite Market: Regional Overview
      • 12.1.1.Global Nanosatellite And Microsatellite Market Revenue Share, by Region, 2019 & 2026
      • 12.1.2.Global Nanosatellite And Microsatellite Market Revenue, by Region, 2016 – 2026 (USD Billion)
    • 12.2.North America
      • 12.2.1.North America Nanosatellite And Microsatellite Market Revenue, 2016 - 2026 (USD Billion)
      • 12.2.2.North America Nanosatellite And Microsatellite Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 12.2.3.North America Nanosatellite And Microsatellite Market Revenue, by Sulution , 2016 – 2026
      • 12.2.4.North America Nanosatellite And Microsatellite Market Revenue, by Mass , 2016 – 2026
      • 12.2.5.North America Nanosatellite And Microsatellite Market Revenue, by Band , 2016 – 2026
      • 12.2.6.North America Nanosatellite And Microsatellite Market Revenue, by Application , 2016 – 2026
      • 12.2.7.North America Nanosatellite And Microsatellite Market Revenue, by End-User , 2016 – 2026
      • 12.2.8. U.S.
      • 12.2.9.Canada
    • 12.3.Europe
      • 12.3.1.Europe Nanosatellite And Microsatellite Market Revenue, 2016 - 2026 (USD Billion)
      • 12.3.2.Europe Nanosatellite And Microsatellite Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 12.3.3.Europe Nanosatellite And Microsatellite Market Revenue, by Sulution , 2016 – 2026
      • 12.3.4.Europe Nanosatellite And Microsatellite Market Revenue, by Mass , 2016 – 2026
      • 12.3.5.Europe Nanosatellite And Microsatellite Market Revenue, by Band , 2016 – 2026
      • 12.3.6.Europe Nanosatellite And Microsatellite Market Revenue, by Application , 2016 – 2026
      • 12.3.7.Europe Nanosatellite And Microsatellite Market Revenue, by End-User , 2016 – 2026
      • 12.3.8.Germany
      • 12.3.9.France
      • 12.3.10. U.K.
      • 12.3.11.Italy
      • 12.3.12.Spain
      • 12.3.13.Rest of Europe
    • 12.4.Asia Pacific
      • 12.4.1.Asia Pacific Nanosatellite And Microsatellite Market Revenue, 2016 - 2026 (USD Billion)
      • 12.4.2.Asia Pacific Nanosatellite And Microsatellite Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 12.4.3.Asia Pacific Nanosatellite And Microsatellite Market Revenue, by Sulution , 2016 – 2026
      • 12.4.4.Asia Pacific Nanosatellite And Microsatellite Market Revenue, by Mass , 2016 – 2026
      • 12.4.5.Asia Pacific Nanosatellite And Microsatellite Market Revenue, by Band , 2016 – 2026
      • 12.4.6.Asia Pacific Nanosatellite And Microsatellite Market Revenue, by Application , 2016 – 2026
      • 12.4.7.Asia Pacific Nanosatellite And Microsatellite Market Revenue, by End-User , 2016 – 2026
      • 12.4.8.China
      • 12.4.9.Japan
      • 12.4.10.India
      • 12.4.11.South Korea
      • 12.4.12.South-East Asia
      • 12.4.13.Rest of Asia Pacific
    • 12.5.Latin America
      • 12.5.1.Latin America Nanosatellite And Microsatellite Market Revenue, 2016 - 2026 (USD Billion)
      • 12.5.2.Latin America Nanosatellite And Microsatellite Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 12.5.3.Latin America Nanosatellite And Microsatellite Market Revenue, by Sulution , 2016 – 2026
      • 12.5.4.Latin America Nanosatellite And Microsatellite Market Revenue, by Mass , 2016 – 2026
      • 12.5.5.Latin America Nanosatellite And Microsatellite Market Revenue, by Band , 2016 – 2026
      • 12.5.6.Latin America Nanosatellite And Microsatellite Market Revenue, by Application , 2016 – 2026
      • 12.5.7.Latin America Nanosatellite And Microsatellite Market Revenue, by End-User , 2016 – 2026
      • 12.5.8.Brazil
      • 12.5.9.Mexico
      • 12.5.10.Rest of Latin America
    • 12.6.The Middle-East and Africa
      • 12.6.1.The Middle-East and Africa Nanosatellite And Microsatellite Market Revenue, 2016 - 2026 (USD Billion)
      • 12.6.2.The Middle-East and Africa Nanosatellite And Microsatellite Market Revenue, by Country, 2016 – 2026 (USD Billion)
      • 12.6.3.The Middle-East and Africa Nanosatellite And Microsatellite Market Revenue, by Sulution , 2016 – 2026
      • 12.6.4.The Middle-East and Africa Nanosatellite And Microsatellite Market Revenue, by Mass , 2016 – 2026
      • 12.6.5.The Middle-East and Africa Nanosatellite And Microsatellite Market Revenue, by Band , 2016 – 2026
      • 12.6.6.The Middle-East and Africa Nanosatellite And Microsatellite Market Revenue, by Application , 2016 – 2026
      • 12.6.7.The Middle-East and Africa Nanosatellite And Microsatellite Market Revenue, by End-User , 2016 – 2026
      • 12.6.8.GCC Countries
      • 12.6.9.South Africa
      • 12.6.10.Rest of Middle-East Africa
  • Chapter 13.Company Profiles
    • 13.1.Lockheed Martin Corporation
      • 13.1.1.Company Overview
      • 13.1.2.Financial Overview
      • 13.1.3.Product Portfulio
      • 13.1.4.Business Strategy
      • 13.1.5.Recent Developments
    • 13.2.Planet Labs, Inc.
    • 13.3.Innovative Sulutions In Space (ISIS) Group
    • 13.4.RUAG Group
    • 13.5.GomSpace
    • 13.6.Clyde Space Inc
    • 13.7.SpaceQuest Ltd.
    • 13.8.Raytheon
    • 13.9.Skybox Imaging Inc
    • 13.1.Sierra Nevada Corporation

Methodology


Frequently Asked Questions

The demand for nanosatellites and microsatellites has reached an all-time high level owing to increasing pace of earth observation, space research, and communication.

According to Zion Market Research, global demand for nanosatellite and microsatellite market is expected to generate revenue of around USD 5.2 Billion by end of 2026, growing at a CAGR of around 21.5 % between 2020 and 2026.

Largest market share in the nanosatellites and microsatellites market is seen in North America especially in the U.S. and Canada. Many major companies are keen on expanding their operations in the U.S. to capitalize on the increasing demand.

Some of the major companies in the nanosatellites and microsatellites market are Lockheed Martin Corporation, Planet Labs, Inc., Innovative Solutions In Space (ISIS) Group, RUAG Group, GomSpace, Clyde Space Inc., SpaceQuest Ltd., Raytheon, Skybox Imaging Inc. and the Sierra Nevada Corporation.

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