Global Small Satellite Market Report 2024

Small Satellite Global Market Report 2024 – By Type (Minisatellite, Microsatellite, Nanosatellite, Pico-Satellites, Femtosatellites), By Orbit (Low Earth Orbit (LEO), Middle Earth Orbit (MEO), Geostationary Earth Orbit (GEO)), By Component (Structures, Payload, Electric Power System, Solar Panel And Antenna Systems, Propulsion Systems, Other Components), By Application (Earth Observation And Remote Sensing, Satellite Communication, Science And Exploration, Mapping And Navigation, Space Observation, Other Applications), By End-User (Commercial, Academic, Government And Military, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033

Small Satellite Global Market Report 2024

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Small Satellite Market Definition

Small satellite refers to the satellites that weigh less than 1,000 kg (2,204 pounds). Small satellites are created by small, highly engaged teams who work on them from conception to launch and operation. Small satellites' weight is reduced even further by using lighter materials in mechanical systems and designing subsystems without redundancy.

The main types of small satellites are minisatellite, microsatellite, nanosatellite, pico-satellites, femto satellites. Minisatellites are smaller in size. The minisatellite will usually weigh 100-500 kgs. They can orbit in Low Earth Orbit (LEO), Middle Earth Orbit (MEO), Geostationary Earth Orbit (GEO). The components of these are structures, payload, electric power system, solar panel and antenna systems, propulsion systems, other components that are applied in earth observation and remote sensing, satellite communication, science and exploration, mapping and navigation, space observation, other applications. There are various end-users such as commercial, academic, government and military, other end-users.

Small Satellite Market Segmentation

The small satellite market covered in this report is segmented –

1) By Type: Minisatellite, Microsatellite, Nanosatellite, Pico-Satellites, Femtosatellites

2) By Orbit: Low Earth Orbit (LEO), Middle Earth Orbit (MEO), Geostationary Earth Orbit (GEO)

3) By Component: Structures, Payload, Electric Power System, Solar Panel And Antenna Systems, Propulsion Systems, Other Components

4) By Application: Earth Observation And Remote Sensing, Satellite Communication, Science And Exploration, Mapping And Navigation, Space Observation, Other Applications

5) By End-User: Commercial, Academic, Government And Military, Other End-Users

Global Small Satellite  Market Size 2023 to 2028: Graph

Small Satellite Market Size 2024 And Growth Rate

The small satellite market size has grown exponentially in recent years. It will grow from $5.4 billion in 2023 to $6.6 billion in 2024 at a compound annual growth rate (CAGR) of 22.0%. The growth in the historic period can be attributed to cost-efficiency in space missions, advancements in miniaturization, rapid development cycles, increased access to space, commercialization of space activities.

Small Satellite Market Growth Forecast

The small satellite market size is expected to see exponential growth in the next few years. It will grow to $13.97 billion in 2028 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to growing demand for earth observation, rise in communication constellations, advancements in remote sensing technologies, space exploration and interplanetary missions. Major trends in the forecast period include increased utilization of CubeSats, rapid development of software-defined satellites, focus on sustainable and eco-friendly satellite designs, emergence of commercial small satellite data services, integration of artificial intelligence (AI) and machine learning.

Small Satellite Market Driver: Surge In Space Exploration Drives Growth In The Small Satellite Market

The increase in space exploration missions are significantly driving the growth of the small satellite market. Various government agencies across the world are increasing their space missions and small satellites help them to complete their space missions. According to economic times, an English daily newspaper, China's National Space Administration (CNSA) estimates that the government will launch around 100 satellites by 2025. Similarly, according to the US Air Force Research Laboratory, a scientific research organization operated by the United States Air Force Materiel Command, the US military intends to expand its space awareness capabilities beyond geostationary orbit and aims to start patrolling the Moon taking the mission to the other side of Moon about 1000 times higher. These advances are projected to have a favorable impact on the need and usage of small satellites across the world.

Small Satellite Market Driver: Surge In Space Industry Investments Fuels Growth In The Small Satellite Market

The increasing investments in the space industry are expected to propel the growth of the small satellite market going forward. Investments in the space industry refer to financial commitments made by individuals, companies, or governments to support and participate in activities related to space exploration, satellite deployment, space tourism, and other space-related endeavors. Investments are used in small satellites to fund research, development, manufacturing, and deployment of these compact spacecraft. For instance, in January 2021, according to reports published by Via Satellite., a US-based news and expert business analysis company, there was $20.1 billion in private market equity investment in space in 2022, compared to $47.4 billion in 2021. Therefore, the increasing investments in the space industry are driving the growth of the small satellite market.

Global Small Satellite Market Major Players

Major companies operating in the small satellite market report are Terran Orbital Corporation, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, Honeywell International Inc., GomSpace Group AB, L3Harris Technologies Inc., Ball Corporation, Singapore Technologies Engineering Ltd., Israel Aerospace Industries Ltd., Space Exploration Technologies Corp, Thales Alenia Space, Orbital ATK Inc., Sierra Nevada Corporation, QinetiQ Group plc, OHB SE, The Aerospace Corporation, Dynetics Inc., Planet Labs Inc., Blue Canyon Technologies Inc., Surrey Satellite Technology Ltd., Spire Global Inc., Axelspace Corporation, Innovative Solutions In Space B.V., LeoStella LLC, Capella Space Corp, Astrocast SA, Adcole Maryland Aerospace LLC, Satlantis LLC, Kongsberg NanoAvionics

Global Small Satellite Market Trend: Small Satellite Market Bolster Capabilities With Advanced Manufacturing Facilities

Major companies operating in the small satellite market are focusing on manufacturing facilities to meet the growing demand for space-based services and the continuous development of new technologies. Satellite manufacturing facilities refer to specialized facilities or centers where satellites are designed, constructed, and assembled. For instance, in August 2022, Blue Canyon Technologies Inc., a US-based aerospace company, launched a new small satellite manufacturing facility in Colorado to meet the growing demand for small satellites and cubesats. The expanded 31,000-square-foot facility consolidates manufacturing efforts with dedicated cubesat employees to build large spacecraft. Moreover, this new factory allows the company to produce at a larger scale, provide innovative solutions, and deliver top-performing satellites to meet customers' needs.

Global Small Satellite Market Trend: Strategic Partnerships Drive Growth In The Small Satellite Industry

Major companies operating in the small satellite industry are adopting a strategic partnership approach to meet the growing demand in the market. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in September 2023, SpinLaunch, a US-based spaceflight technology development company, partnered with Sumitomo Corporation Group., a Japan-based electric services company. With this partnership, they aim to expand the global commercialization of sustainable, low-cost space solutions, which include small satellites. This partnership addresses the increasing demand for affordable and rapid launch capacity, which has become a bottleneck for the growing number of satellites being launched into Low Earth Orbit (LEO).

Small Satellite Market Merger And Acquisition:

Spacex Expands Satellite Constellation Portfolio With Swarm Acquisition

In August 2021, Space X, a leading a US-based aerospace manufacturer, acquired Swarm for an undisclosed amount. As a result of this acquisition, SpaceX's business will expand as a result of its ownership of a constellation of 120 sandwich-sized satellites and also a ground station network. Swarm is a U.S-based start-up that developed sandwich-sized small satellites and manufactures low-cost components used in the satellite and provides data connectivity.

Regional Insights For The Global Small Satellite Market

North America was the largest region in the small satellite market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the small satellite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the small satellite market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The small satellite market consists of sales of spacecraft bus, launcher, ground system. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The small satellite market research report is one of a series of new reports from The Business Research Company that provides small satellite market statistics, including small satellite industry global market size, regional shares, competitors with a small satellite market share, detailed small satellite market segments, market trends and opportunities, and any further data you may need to thrive in the small satellite industry. This small satellite market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Small Satellite Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $6.6 billion
Revenue Forecast In 2033 $13.97 billion
Growth Rate CAGR of 20.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Minisatellite, Microsatellite, Nanosatellite, Pico-Satellites, Femtosatellites
2) By Orbit: Low Earth Orbit (LEO), Middle Earth Orbit (MEO), Geostationary Earth Orbit (GEO)
3) By Component: Structures, Payload, Electric Power System, Solar Panel And Antenna Systems, Propulsion Systems, Other Components
4) By Application: Earth Observation And Remote Sensing, Satellite Communication, Science And Exploration, Mapping And Navigation, Space Observation, Other Applications
5) By End-User: Commercial, Academic, Government And Military, Other End-Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Terran Orbital Corporation; Raytheon Technologies Corporation; The Boeing Company; Lockheed Martin Corporation; Airbus SE; Northrop Grumman Corporation; Honeywell International Inc.; GomSpace Group AB; L3Harris Technologies Inc.; Ball Corporation; Singapore Technologies Engineering Ltd.; Israel Aerospace Industries Ltd.; Space Exploration Technologies Corp.; Thales Alenia Space; Orbital ATK Inc.; Sierra Nevada Corporation; QinetiQ Group plc; OHB SE; The Aerospace Corporation; Dynetics Inc.; Planet Labs Inc.; Blue Canyon Technologies Inc.; Surrey Satellite Technology Ltd.; Spire Global Inc.; Axelspace Corporation; Innovative Solutions In Space B.V.; LeoStella LLC; Capella Space Corp.; Astrocast SA; Adcole Maryland Aerospace LLC; Satlantis LLC; Kongsberg NanoAvionics
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Small Satellite Market Characteristics

    3. Small Satellite Market Trends And Strategies

    4. Small Satellite Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Small Satellite Market Size and Growth

    5.1. Global Small Satellite Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Small Satellite Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Small Satellite Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Small Satellite Market Segmentation

    6.1. Global Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Minisatellite

    Microsatellite

    Nanosatellite

    Pico-Satellites

    Femtosatellites

    6.2. Global Small Satellite Market, Segmentation By Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Low Earth Orbit (LEO)

    Middle Earth Orbit (MEO)

    Geostationary Earth Orbit (GEO)

    6.3. Global Small Satellite Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Structures

    Payload

    Electric Power System

    Solar Panel And Antenna Systems

    Propulsion Systems

    Other Components

    6.4. Global Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Earth Observation And Remote Sensing

    Satellite Communication

    Science And Exploration

    Mapping And Navigation

    Space Observation

    Other Applications

    6.5. Global Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial

    Academic

    Government And Military

    Other End-Users

    7. Small Satellite Market Regional And Country Analysis

    7.1. Global Small Satellite Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Small Satellite Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Small Satellite Market

    8.1. Asia-Pacific Small Satellite Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Small Satellite Market

    9.1. China Small Satellite Market Overview

    9.2. China Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Small Satellite Market

    10.1. India Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Small Satellite Market

    11.1. Japan Small Satellite Market Overview

    11.2. Japan Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Small Satellite Market

    12.1. Australia Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Small Satellite Market

    13.1. Indonesia Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Small Satellite Market

    14.1. South Korea Small Satellite Market Overview

    14.2. South Korea Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Small Satellite Market

    15.1. Western Europe Small Satellite Market Overview

    15.2. Western Europe Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Small Satellite Market

    16.1. UK Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Small Satellite Market

    17.1. Germany Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Small Satellite Market

    18.1. France Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Small Satellite Market

    19.1. Italy Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Small Satellite Market

    20.1. Spain Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Small Satellite Market

    21.1. Eastern Europe Small Satellite Market Overview

    21.2. Eastern Europe Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Small Satellite Market

    22.1. Russia Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Small Satellite Market

    23.1. North America Small Satellite Market Overview

    23.2. North America Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Small Satellite Market

    24.1. USA Small Satellite Market Overview

    24.2. USA Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Small Satellite Market

    25.1. Canada Small Satellite Market Overview

    25.2. Canada Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Small Satellite Market

    26.1. South America Small Satellite Market Overview

    26.2. South America Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Small Satellite Market

    27.1. Brazil Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Small Satellite Market

    28.1. Middle East Small Satellite Market Overview

    28.2. Middle East Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Small Satellite Market

    29.1. Africa Small Satellite Market Overview

    29.2. Africa Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Small Satellite Market Competitive Landscape And Company Profiles

    30.1. Small Satellite Market Competitive Landscape

    30.2. Small Satellite Market Company Profiles

    30.2.1. Terran Orbital Corporation

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Raytheon Technologies Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. The Boeing Company

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Lockheed Martin Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Airbus SE

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Small Satellite Market Other Major And Innovative Companies

    31.1. Northrop Grumman Corporation

    31.2. Honeywell International Inc.

    31.3. GomSpace Group AB

    31.4. L3Harris Technologies Inc.

    31.5. Ball Corporation

    31.6. Singapore Technologies Engineering Ltd.

    31.7. Israel Aerospace Industries Ltd.

    31.8. Space Exploration Technologies Corp.

    31.9. Thales Alenia Space

    31.10. Orbital ATK Inc.

    31.11. Sierra Nevada Corporation

    31.12. QinetiQ Group plc

    31.13. OHB SE

    31.14. The Aerospace Corporation

    31.15. Dynetics Inc.

    32. Global Small Satellite Market Competitive Benchmarking

    33. Global Small Satellite Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Small Satellite Market

    35. Small Satellite Market Future Outlook and Potential Analysis

    35.1 Small Satellite Market In 2028 - Countries Offering Most New Opportunities

    35.2 Small Satellite Market In 2028 - Segments Offering Most New Opportunities

    35.3 Small Satellite Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Small Satellite Market, Segmentation By Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Small Satellite Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Small Satellite Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Small Satellite Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Terran Orbital Corporation Financial Performance
  • Table 77: Raytheon Technologies Corporation Financial Performance
  • Table 78: The Boeing Company Financial Performance
  • Table 79: Lockheed Martin Corporation Financial Performance
  • Table 80: Airbus SE Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Small Satellite Market, Segmentation By Orbit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Small Satellite Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Small Satellite Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Small Satellite Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Small Satellite Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Small Satellite Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Small Satellite Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Terran Orbital Corporation Financial Performance
  • Figure 77: Raytheon Technologies Corporation Financial Performance
  • Figure 78: The Boeing Company Financial Performance
  • Figure 79: Lockheed Martin Corporation Financial Performance
  • Figure 80: Airbus SE Financial Performance
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Frequently Asked Questions

What is the definition of the small satellite market?

Small satellite refers to the satellites that weigh less than 1,000 kg (2,204 pounds). Small satellites are created by small, highly engaged teams who work on them from conception to launch and operation. Small satellites' weight is reduced even further by using lighter materials in mechanical systems and designing subsystems without redundancy. For further insights on the small satellite market, request a sample here

How will the small satellite market drivers and restraints affect the small satellite market dynamics? What forces will shape the small satellite industry going forward?

The small satellite market major growth driver - surge in space exploration drives growth in the small satellite market. For further insights on the small satellite market, request a sample here

What is the forecast market size or the forecast market value of the small satellite market ?

The small satellite market size has grown exponentially in recent years. It will grow from $5.4 billion in 2023 to $6.6 billion in 2024 at a compound annual growth rate (CAGR) of 22.0%. The growth in the historic period can be attributed to cost-efficiency in space missions, advancements in miniaturization, rapid development cycles, increased access to space, commercialization of space activities. The small satellite market size is expected to see exponential growth in the next few years. It will grow to $13.97 billion in 2028 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to growing demand for earth observation, rise in communication constellations, advancements in remote sensing technologies, space exploration and interplanetary missions. Major trends in the forecast period include increased utilization of CubeSats, rapid development of software-defined satellites, focus on sustainable and eco-friendly satellite designs, emergence of commercial small satellite data services, integration of artificial intelligence (AI) and machine learning. For further insights on the small satellite market, request a sample here

How is the small satellite market segmented?

The small satellite market is segmented
1) By Type: Minisatellite, Microsatellite, Nanosatellite, Pico-Satellites, Femtosatellites
2) By Orbit: Low Earth Orbit (LEO), Middle Earth Orbit (MEO), Geostationary Earth Orbit (GEO)
3) By Component: Structures, Payload, Electric Power System, Solar Panel And Antenna Systems, Propulsion Systems, Other Components
4) By Application: Earth Observation And Remote Sensing, Satellite Communication, Science And Exploration, Mapping And Navigation, Space Observation, Other Applications
5) By End-User: Commercial, Academic, Government And Military, Other End-UsersFor further insights on the small satellite market,
request a sample here

Which region has the largest share of the small satellite market? What are the other regions covered in the report?

North America was the largest region in the small satellite market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the small satellite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the small satellite market, request a sample here.

Who are the major players in the small satellite market?

Major companies operating in the small satellite market report are Terran Orbital Corporation, Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, Honeywell International Inc., GomSpace Group AB, L3Harris Technologies Inc., Ball Corporation, Singapore Technologies Engineering Ltd., Israel Aerospace Industries Ltd., Space Exploration Technologies Corp, Thales Alenia Space, Orbital ATK Inc., Sierra Nevada Corporation, QinetiQ Group plc, OHB SE, The Aerospace Corporation, Dynetics Inc., Planet Labs Inc., Blue Canyon Technologies Inc., Surrey Satellite Technology Ltd., Spire Global Inc., Axelspace Corporation, Innovative Solutions In Space B.V., LeoStella LLC, Capella Space Corp, Astrocast SA, Adcole Maryland Aerospace LLC, Satlantis LLC, Kongsberg NanoAvionics For further insights on the small satellite market, request a sample here.

What are the key trends in the small satellite market?

Major trend in the small satellite market - strategic partnerships drive growth in the small satellite industry. For further insights on the small satellite market, request a sample here.

What are the major opportunities in the small satellite market? What are the strategies for the small satellite market?

For detailed insights on the major opportunities and strategies in the small satellite market, request a sample here.

How does the small satellite market relate to the overall economy and other similar markets?

For detailed insights on small satellite market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the small satellite industry?

For detailed insights on the mergers and acquisitions in the small satellite industry, request a sample here.

What are the key dynamics influencing the small satellite market growth? SWOT analysis of the small satellite market.

For detailed insights on the key dynamics influencing the small satellite market growth and SWOT analysis of the small satellite industry, request a sample here.