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According to Stratistics MRC, the Global Small Satellite market is expected to grow from $ 2.28 billion in 2016 to reach $ 7.66 billion by 2023 with a CAGR of 18.8%. Rising demand for high-resolution imaging services, favourable costs and modified scope of applications and new technological advancements are some of the factors driving the market. On the other hand, shortage of small satellite launch vehicles is one of the major restraints restricting the market. However, growing demand for small satellite in emerging countries is expected to witness huge growth rate during the forecast period.Browse the report: http://www.orbisresearch.com/reports/index/small-satellite-global-market-outlook-2017-2023
Based on the application segment, earth observation & meteorology leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period. The growth of this segment is attributed to usage of small satellites to test the capabilities of various technologies which are used in space. By end-user, commercial sector has acquired the largest market share. The growth of this segment is contributed to the increasing demand for high-resolution imaging services which is accompanied by high-speed communication services. North America accounted for largest market share followed by Asia pacific.
Some of the key players in Global Small Satellite Market include Harris Corporation Airbus Defense and Space, Boeing, Geooptics Inc, Lockheed Martin Corporation, Millennium Space Systems Inc, Northrop Grumman Corporation, OHB AG, Oneweb Ltd, Planet Labs Inc, Sierra Nevada Corporation, Singapore Technologies Engineering Limited, Space Exploration Technologies Corp. (Space X), Surrey Satellite Technology Ltd and Thales Alenia Space.
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End Users Covered:
Commercial
Government
Civil
Defense
Applications Covered:
Technology Demonstration
Earth Observation & Meteorology
Mapping & Navigation
Communication
Surveillance & Security
Scientific Research & Exploration
Types Covered:
Minisatellite
Nanosatellite
Microsatellite
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Major Points From The Table Of Contents:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Small Satellite Market, By End User
Global Small Satellite Market, By Application
Global Small Satellite Market, By Type
Global Small Satellite Market, By Geography
Key Developments
Company Profiling
List Of Tables:
1 Global Small Satellite Market By Region, Market Forecast
2 Global Small Satellite Market By End User, Market Forecast
3 Global Small Satellite Market By Commercial, Market Forecast
4 Global Small Satellite Market By Government, Market Forecast
5 Global Small Satellite Market By Civil, Market Forecast
6 Global Small Satellite Market By Defense, Market Forecast
7 Global Small Satellite Market By Application, Market Forecast
8 Global Small Satellite Market By Technology Demonstration, Market Forecast
9 Global Small Satellite Market By Earth Observation & Meteorology, Market Forecast
10 Global Small Satellite Market By Mapping & Navigation, Market Forecast
11 Global Small Satellite Market By Communication, Market Forecast
12 Global Small Satellite Market By Surveillance & Security, Market Forecast
13 Global Small Satellite Market By Scientific Research & Exploration, Market Forecast
14 Global Small Satellite Market By Type, Market Forecast
15 Global Small Satellite Market By Minisatellite, Market Forecast
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Release ID: 216219
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