Report overview
Small satellites are satellites of low mass and size, usually under 500 kg (1,100 lb). While all such satellites can be referred to as "small", different classifications are used to categorize them based on mass. Satellites can be built small to reduce the large economic cost of launch vehicles and the costs associated with construction. Miniature satellites, especially in large numbers, may be more useful than fewer, larger ones for some purposes ? for example, gathering of scientific data and radio relay.
This report aims to provide a comprehensive presentation of the global market for Small Satellite Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Small Satellite Services. This report contains market size and forecasts of Small Satellite Services in global, including the following market information:
Global Small Satellite Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Small Satellite Services market was valued at US$ 1059.8 million in 2022 and is projected to reach US$ 3412.8 million by 2029, at a CAGR of 18.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Small Satellite key players include Lockheed Martin, Northrop Gruman, Raytheon, etc. Global top three manufacturers hold a share about 50%.
United States is the largest market, with a share over 70%, followed by Europe and China, both have a share about 25 percent.
In terms of product, Nanosatellite is the largest segment, with a share over 50%. And in terms of application, the largest application is National Security, followed by Commerce.
We surveyed the Small Satellite Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Small Satellite Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Small Satellite Services Market Segment Percentages, by Type, 2022 (%)
CubeSat
Nanosatellite
Microsatellite
Minisatellite
Global Small Satellite Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Small Satellite Services Market Segment Percentages, by Application, 2022 (%)
Government & Military
Non-Profit Organizations
Global Small Satellite Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Small Satellite Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Small Satellite Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Small Satellite Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Singapore Telecommunications (Singapore)
Eutelsat Communications (France)
EchoStar Corporation (US)
Inmarsat plc (UK)
Viasat (US)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Small Satellite Services, market overview.
Chapter 2: Global Small Satellite Services market size in revenue.
Chapter 3: Detailed analysis of Small Satellite Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Small Satellite Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
