Small Satellite Services Market by Component (Payload, Antennas Others), by Product Type (PocketQube, Nanosatellite, Microsatellite Others), by End User (Civil, Non-profit, Military), by Region (Asia Pacific, Europe, Middle East and Africa, South America, North America) – Global Forecast 2017 to 2024

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Small Satellite Services Market: Summary

The Global Small Satellite Services Market is estimated to reach USD 58.2 Billion by 2024 at a CAGR of 27.5%.

Satellite can be defined as a planet or a machine revolving around a planet or a star. Man-made satellites are launched in the space to revolve around the Earth or other planets for various operations. Space sector is experiencing significant change because of rapid technology advancement. Small satellite is a rising type of spacecraft which is made by advanced hardware and software resulting in high performance in small package. Small satellites based on mass can be defined as satellite with mass of less than 500 kg. In comparison with conventional satellites, small satellites have short product development cycle resulting in low cost.

Small Satellite Services Market

 

Small Satellite Services Market: Drivers & Restraints

Market Drivers:

  • Trend of Satellite Miniaturization

Minimizing the size of satellites reduces the overall time and cost required for production of satellites. Also small size satellites are helpful for the operation which conventional satellites cannot perform due to their size. These factors are expected to contribute in the growth of small satellite service market during forecast period.

  • Supportive Government Policies

Small satellite is a rising technology in the space industry which is efficient in operation and low in cost. Government policies supports the manufacturing and launch of these satellites as they help in various industries and also at academic level. Supportive policies by regulating authorities impel industry people to tap into this market. Thus, this factor will expected to support the aggressive growth of the market.

Market Restraints:

  • Shorter Life Span

Small satellites have shorter life span compared to conventional satellites. As these satellites are usually in lower orbit, they are facing atmospheric drag which results in depleting life span. Once the satellite becomes incapable of performing assigned operation new satellite will be required, this would impact overall investment. Hence, this factor may restraint the growth of the market.

Small Satellite Services Market: Key Segments

  • Component segment includes: Payload, Flight Processor, Antennas, Propulsion Systems, Ground Station Equipment, Star Tracker, and Others
  • Product type segment includes: PocketQube (below 1kg), Nanosatellite (1 – 10 kg), Microsatellite (10 – 100 kg), Minisatellite (100 – 500 kg)
  • Application segment includes: Research and Development, Communication, Remote Sensing and
  • End user segment includes: Civil, Non-profit, and Military
  • Regional segmentation covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Small Satellite Services Market: Report Scope

The report on the small satellite services market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2017-2024

Base Year for Market Calculation

2018

Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million)

Segments Included

Component, Product Type, Application, End User and Region

Regional Coverage

Asia-Pacific, Europe, Middle East and Africa, South Africa and North America

  

KEY Companies Covered

  • Airbus Defense and Space, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Boeing Co
  • Antrix Corporation Limited
  • Blue Canyon Technologies Inc.
  • GomSpace Group AB
  • Thales Group
  • Spire Global, Inc.
  • SpaceQuest Ltd
  • Berlin Space Technologies GmbH
  • Alba Orbital Limited
  • Other Key Companies

Small Satellite Services Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Small Satellite Services Market, by Component

  • Payload
  • Flight Processor
  • Antennas
  • Propulsion Systems
  • Ground Station Equipment
  • Star Tracker
  • Others

Small Satellite Services Market, by Product Type

  • PocketQube (below 1kg)
  • Nanosatellite (1 – 10 kg)
    • CubeSats
  • Microsatellite (10 – 100 kg)
  • Minisatellite (100 – 500 kg)

Small Satellite Services Market, by Application

  • Research and Development
  • Communication
  • Remote Sensing
  • Others

Small Satellite Services Market, by Application

  • Civil
  • Non-profit
  • Military

Small Satellite Services Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Singapore
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Sweden
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Small Satellite Services Market Providers
  • Small Satellite Services Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Small satellite services Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE SMALL SATELLITE SERVICES MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                  4.2.1    Trend of Satellite Miniaturization

                                  4.2.2    Supportive Government Policies

4.3       Restraints

                                  4.3.1    Shorter Life Span

4.4       Opportunities

                                 4.4.1.    Growing Demand of Low Earth Orbit (LEO) Services  

4.5       Challenges

                                 4.5.1.    Space Debris

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Value Chain Analysis

5.3       Macro-Economic Indicators

6      GLOBAL SMALL SATELLITE SERVICES MARKET BY COMPONENT, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Payload

6.3       Flight Processor

6.4       Antennas

6.5       Propulsion Systems

6.6       Ground Station Equipment

6.7       Star Tracker

6.8       Others

7      GLOBAL SMALL SATELLITE SERVICES MARKET BY PRODUCT TYPE, Market Size in USD Million (2017—2024)

7.1       Introduction

7.2       PocketQube (below 1kg)

7.3       Nano-Satellite (1 – 10 kg)

                                  7.3.1    CubeSats

7.4       Micro-Satellite (10 – 100 kg)

7.5       Mini-Satellite (100 – 500 kg)

8      GLOBAL SMALL SATELLITE SERVICES MARKET BY APPLICATION, Market Size in USD Million (2017—2024)

8.1       Introduction

8.2       Research and Development

8.3       Communication

8.4       Scientific

8.5       Remote Sensing

8.6       Others

9      GLOBAL SMALL SATELLITE SERVICES MARKET BY END USER, Market Size in USD Million (2017—2024)

9.1       Introduction

9.2       Civil

9.3       Non-profit

9.4       Military

10   GLOBAL SMALL SATELLITE SERVICES MARKET BY REGION, Market Size in USD Million (2017—2024)

10.1     North America

                                10.1.1    US

                                10.1.2    Canada

                                10.1.3    Mexico

10.2     Europe

                                10.2.1    Germany

                                10.2.2    France

                                10.2.3    Italy

                                10.2.4    UK

                                10.2.5    Russia

                                10.2.6    Sweden

                                10.2.7    Rest of Europe

10.3     Asia-Pacific

                                10.3.1    China

                                10.3.2    India

                                10.3.3    Japan

                                10.3.4    Singapore

                                10.3.5    South Korea

                                10.3.6    Rest of Asia-Pacific

10.4     Middle East and Africa

                                10.4.1    Saudi Arabia

                                10.4.2    UAE

                                10.4.3    Rest of Middle East and Africa

10.5     South America

                                10.5.1    Brazil

                                10.5.2    Argentina

                                10.5.3    Rest of South

11   COMPETITIVE LANDSCAPE

11.1     Introduction

11.2     Market Ranking/Share Analysis of Key Companies

11.3     Company Benchmarking

12   COMPANY PROFILES

12.1     Airbus Defense and Space, Inc.

                                12.1.1    Company Overview

                                12.1.2    Financial Overview

                                12.1.3    Products/Solutions/Services Offered

                                12.1.4    Key Developments

                                12.1.5    SWOT Analysis

12.2     Boeing Co

12.3     Antrix Corporation Limited

12.4     Blue Canyon Technologies Inc.

12.5     GomSpace Group AB

12.6     Thales Group

12.7     Spire Global, Inc.

12.8     SpaceQuest Ltd

12.9     Berlin Space Technologies GmbH

12.10  Alba Orbital Limited

12.11  Other Key Companies

13   APPENDIX

13.1     Key Industry Expert Insights

13.2     Primary Discussion Guide

13.3   Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

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