The primary objective of the market report by GMI Research is to help the users understand the market scenario in terms of its definition, segmentation, drivers, opportunities, market trends, and the challenges that the market is facing. This report focuses on the market, especially in North America, Europe, Asia-Pacific, and the rest of the world.

Key Drivers of the Small Satellite Market:

The significant factors contributing to the growth of the small satellite market size include the strong demand for high resolution earth imaging, growing investment in space science, growing number of missions launched by government authorities around the world. Moreover, the accelerating demand for small satellites for communication purposes, increasing need for hosted payloads as well as rising development of dedicated launch vehicles for small satellites are further surging the demand of the market in the coming years. In addition to this, small satellites provide improved earth observation and is extensively used in several sectors including agriculture, energy, civil engineering, oil & gas, and others. According to the small satellite market forecast, this factor will open new doors for the growth of the market.

Based on the type, the nanosatellites segment is anticipated to dominate the market during the forecast period. Nanosatellites offer quicker, cost-effective, and reliable access to space. These satellites can be used for complex space missions including scientific research and exploration, communication, disaster management, environmental monitoring, military intelligence, navigation, and other academic purposes.

List of Top Leading Manufacturers/Key-Players of the Small Satellite Market:

Variousnotable players in the market include Thales Alenia Space, Airbus Defence & Space, OHB AG, Millennium Space Systems Inc., Boeing, Sierra Nevada Corporation (SNC), Spire Global, Geooptics Inc., Harris Corporation, and Lockheed Martin Corporation, among others.

Segmentation of the Small Satellite Market:

Thestudy’s objective is to define small satellites market sizes of different segments & countries in recent years and predict the values in the coming six years. The detailed segments and sub-segments of the market are explained below:

Segment by Type:

Nanosatellite
Microsatellite
Minisatellite
Segment by End-User:

Civil
Defense
Commercial
Segment by Application:

Earth Observation & Meteorology
Scientific Research & Exploration
Mapping & Navigation
Surveillance & Security
Segment by Subsystem:

Structures
Payloads
Solar Panels & Antenna Systems
Electrical Power Systems (EPS)
Command & Data Handling (C&DH)
Attitude Determination & Control Systems
Propulsion Systems
Others
Segment by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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