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Market Research Report

Global Nanosatellite & Microsatellite Market Size study, By Solution, By Application, By Industry Type, and Regional Forecasts 2020-2027

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Global Nanosatellite & Microsatellite Market Size study, By Solution, By Application, By Industry Type, and Regional Forecasts 2020-2027
Published: August 28, 2020 Content info:
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Title:
Global Nanosatellite & Microsatellite Market Size study, By Solution (Hardware, Software, Data Processing, and Launch Services), By Application (Navigation & Mapping, Scientific Research, Power, Communication, Reconnaissance, and Others), By Industry Type ( Agency, Defense, Educational, Non-profit, Energy & Infrastructure, and Others), and Regional Forecasts 2020-2027.

Global Nanosatellite & Microsatellite Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Satellites are used for a variety of purposes, such as correspondence, earth observation and remote sensing, science analysis, biological studies, medical training, identification and many other security, surveillance, political, industrial and/or government purposes. Continuous developments in technological miniaturization, such as sensors, low-mission costs and the growing usage of satellite constellations, are core drivers of the sector. The launch of small satellites by means of heavy vehicles has proven to be very difficult in recent years, resulting in increased demand to produce small launch vehicles. Traditionally, tiny satellites were deployed as secondary payloads for larger satellites, resulting in launches and cost restrictions. The need for small launch vehicles to address these cost restrictions resulted in the production of Small Satellite Launch Vehicles (SSLVs). Owing to their easy and faster development and architecture specifications, small satellites are rigorously undergoing continual technical advances. The low cost of these satellites has expanded the spectrum of future space flights to vertical ones that are unknown. In addition, simpler design and production allow the incorporation of the latest technology, such as Artificial Intelligence ( AI) and robotics, into small satellites in order to improve their capability and minimize some of the sacrifices produced to reduce device mass. However, nanosatellites and microsatellites are more likely to struggle and have little significant effect on the development of some new and market-redefining capabilities. However, Machine Learning (ML) expertise on different space production systems leads to delivering effective communications, increasing the efficiency of spacecraft, delivering more powerful computational resources, and enhancing coordination throughout the overall development of the mission. Various market players are adopting the strategy of merger and acquisition to enhance the product portfolio and to increase the customer base. For instance, In February 2019, Myriota collaborated with Tyvak to build and launch several satellites in 2019, bringing Myriota another step towards its target of creating a constellation of 50 nanosatellites.

In April 2018, Lockheed Martin and Rovsing worked together to put better solar simulators to the market to satisfy the requirement for a wide variety of spacecraft sizes. Solar simulation equipment checks the spacecraft's electrical and control structures.

The regional analysis of global Nanosatellite & Microsatellite Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is leading the way in the introduction of nanosatellites which microsatellites which offers tremendous prospects for the expansion of the nanosatellite and microsatellite industries. The involvement of major space organizations and private corporations investing in state-of-the-art satellite technology generates a massive appetite for satellite image-based business-use applications that is expected to propel the industry in North America. The country has historically been an early adopter of modern technologies or applications, and the North American market is increasing higher initially than any other region.

Major market player included in this report are:

Dauria Aerospace

GomSpace

Innovative Solutions in Space (ISIS)

Sierra Nevada Corporation (SNC).

SpaceQuest Ltd.

Spire Global, Inc.

Surrey Satellite Technology Limited (SSTL)

The Boeing Company

Tyvak Inc

Vector Launch, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution:

Hardware

Software

Data Processing

Launch Service

By Application:

Navigation & Mapping

Scientific Research

Power

Communication

Reconnaissance

Others

By Industry Type:

Agency

Defense

Educational

Non-profit

Energy & Infrastructure

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018

Base year - 2019

Forecast period - 2020 to 2027

Target Audience of the Global Nanosatellite & Microsatellite Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    • 1.2.1. Nanosatellite & Microsatellite Market, by Region, 2018-2027 (USD Billion)
    • 1.2.2. Nanosatellite & Microsatellite Market, by Solutions, 2018-2027 (USD Billion)
    • 1.2.3. Nanosatellite & Microsatellite Market, by Applications, 2018-2027 (USD Billion)
    • 1.2.4. Nanosatellite & Microsatellite Market, by Industry Type, 2018-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Nanosatellite & Microsatellite Market Definition & Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Nanosatellite & Microsatellite Market Dynamics

  • 3.1. Nanosatellite & Microsatellite Market Impact Analysis (2018-2027)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Nanosatellite & Microsatellite Market: Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Nanosatellite & Microsatellite Market, by Solutions

  • 5.1. Market Snapshot
  • 5.2. Global Nanosatellite & Microsatellite Market by Solutions, Performance - Potential Analysis
  • 5.3. Global Nanosatellite & Microsatellite Market Estimates & Forecasts by Solutions, 2017-2027 (USD Billion)
  • 5.4. Nanosatellite & Microsatellite Market, Sub Segment Analysis
    • 5.4.1. Hardware
    • 5.4.2. Software
    • 5.4.3. Data Processing
    • 5.4.4. Launch Service

Chapter 6. Global Nanosatellite & Microsatellite Market, by Applications

  • 6.1. Market Snapshot
  • 6.2. Global Nanosatellite & Microsatellite Market by Applications, Performance - Potential Analysis
  • 6.3. Global Nanosatellite & Microsatellite Market Estimates & Forecasts by Applications 2017-2027 (USD Billion)
  • 6.4. Nanosatellite & Microsatellite Market, Sub Segment Analysis
    • 6.4.1. Navigation & Mapping
    • 6.4.2. Scientific Research
    • 6.4.3. Power
    • 6.4.4. Communication
    • 6.4.5. Reconnaissance
    • 6.4.6. Others

Chapter 7. Global Nanosatellite & Microsatellite Market, by Industry Type

  • 7.1. Market Snapshot
  • 7.2. Global Nanosatellite & Microsatellite Market by Industry Type, Performance - Potential Analysis
  • 7.3. Global Nanosatellite & Microsatellite Market Estimates & Forecasts by Industry Type 2017-2027 (USD Billion)
  • 7.4. Nanosatellite & Microsatellite Market, Sub Segment Analysis
    • 7.4.1. Agency
    • 7.4.2. Defense
    • 7.4.3. Educational
    • 7.4.4. Non-profit
    • 7.4.5. Energy & Infrastructure
    • 7.4.6. Others

Chapter 8. Global Nanosatellite & Microsatellite Market, Regional Analysis

  • 8.1. Nanosatellite & Microsatellite Market, Regional Market Snapshot
  • 8.2. North America Nanosatellite & Microsatellite Market
    • 8.2.1. U.S. Nanosatellite & Microsatellite Market
      • 8.2.1.1. Solutions breakdown estimates & forecasts, 2017-2027
      • 8.2.1.2. Applications breakdown estimates & forecasts, 2017-2027
      • 8.2.1.3. Industry Type breakdown estimates & forecasts, 2017-2027
    • 8.2.2. Canada Nanosatellite & Microsatellite Market
  • 8.3. Europe Nanosatellite & Microsatellite Market Snapshot
    • 8.3.1. U.K. Nanosatellite & Microsatellite Market
    • 8.3.2. Germany Nanosatellite & Microsatellite Market
    • 8.3.3. France Nanosatellite & Microsatellite Market
    • 8.3.4. Spain Nanosatellite & Microsatellite Market
    • 8.3.5. Italy Nanosatellite & Microsatellite Market
    • 8.3.6. Rest of Europe Nanosatellite & Microsatellite Market
  • 8.4. Asia-Pacific Nanosatellite & Microsatellite Market Snapshot
    • 8.4.1. China Nanosatellite & Microsatellite Market
    • 8.4.2. India Nanosatellite & Microsatellite Market
    • 8.4.3. Japan Nanosatellite & Microsatellite Market
    • 8.4.4. Australia Nanosatellite & Microsatellite Market
    • 8.4.5. South Korea Nanosatellite & Microsatellite Market
    • 8.4.6. Rest of Asia Pacific Nanosatellite & Microsatellite Market
  • 8.5. Latin America Nanosatellite & Microsatellite Market Snapshot
    • 8.5.1. Brazil Nanosatellite & Microsatellite Market
    • 8.5.2. Mexico Nanosatellite & Microsatellite Market
  • 8.6. Rest of The World Nanosatellite & Microsatellite Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Dauria Aerospace
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Industry Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. GomSpace
    • 9.2.3. Innovative Solutions in Space (ISIS)
    • 9.2.4. Sierra Nevada Corporation (SNC).
    • 9.2.5. SpaceQuest Ltd.
    • 9.2.6. Spire Global, Inc.
    • 9.2.7. Surrey Satellite Technology Limited (SSTL)
    • 9.2.8. The Boeing Company
    • 9.2.9. Tyvak Inc
    • 9.2.10. Vector Launch, Inc.

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF FIGURES

  • FIG 1. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, RESEARCH METHODOLOGY
  • FIG 2. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, MARKET ESTIMATION TECHNIQUES
  • FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
  • FIG 4. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, KEY TRENDS 2019
  • FIG 5. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, GROWTH PROSPECTS 2020-2027
  • FIG 6. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, PORTERS 5 FORCE MODEL
  • FIG 7. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, PEST ANALYSIS
  • FIG 8. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, VALUE CHAIN ANALYSIS
  • FIG 9. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
  • FIG 10. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
  • FIG 11. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
  • FIG 12. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
  • FIG 13. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
  • FIG 14. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, REGIONAL SNAPSHOT 2017 & 2027
  • FIG 15. NORTH AMERICA NANOSATELLITE & MICROSATELLITE MARKET 2017 & 2027 (USD BILLION)
  • FIG 16. EUROPE NANOSATELLITE & MICROSATELLITE MARKET 2017 & 2027 (USD BILLION)
  • FIG 17. ASIA PACIFIC NANOSATELLITE & MICROSATELLITE MARKET 2017 & 2027 (USD BILLION)
  • FIG 18. LATIN AMERICA NANOSATELLITE & MICROSATELLITE MARKET 2017 & 2027 (USD BILLION)
  • FIG 19. GLOBAL NANOSATELLITE & MICROSATELLITE MARKET, COMPANY MARKET SHARE ANALYSIS (2019)
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