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Microsatellites-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Microsatellites market size is expected to reach US$ 1308 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Microsatellites in various end use industries. The expanding demands from the Environment, Telecommunication, Military and Others, are propelling Microsatellites market. Below 500 kg, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Below 100 kg segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microsatellites, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microsatellites market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microsatellites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microsatellites sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microsatellites covered in this report include Lockheed Martin, Ruag Space, Raytheon, Clyde Space Inc, Planet Labs Inc, GomSpace, ISIS, Sierra Nevada Corporation and Skybox Imaging Inc, etc.
The global Microsatellites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lockheed Martin
Ruag Space
Raytheon
Clyde Space Inc
Planet Labs Inc
GomSpace
ISIS
Sierra Nevada Corporation
Skybox Imaging Inc
SpaceQuest Limited
Global Microsatellites market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microsatellites market, Segment by Type:
Below 500 kg
Below 100 kg
Below 50 kg
Below 1 kg
Global Microsatellites market, by Application
Environment
Telecommunication
Military
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Microsatellites manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Microsatellites in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Microsatellites market size is expected to reach US$ 1308 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Microsatellites in various end use industries. The expanding demands from the Environment, Telecommunication, Military and Others, are propelling Microsatellites market. Below 500 kg, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Below 100 kg segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Microsatellites, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Microsatellites market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Microsatellites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Microsatellites sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Microsatellites covered in this report include Lockheed Martin, Ruag Space, Raytheon, Clyde Space Inc, Planet Labs Inc, GomSpace, ISIS, Sierra Nevada Corporation and Skybox Imaging Inc, etc.
The global Microsatellites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lockheed Martin
Ruag Space
Raytheon
Clyde Space Inc
Planet Labs Inc
GomSpace
ISIS
Sierra Nevada Corporation
Skybox Imaging Inc
SpaceQuest Limited
Global Microsatellites market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Microsatellites market, Segment by Type:
Below 500 kg
Below 100 kg
Below 50 kg
Below 1 kg
Global Microsatellites market, by Application
Environment
Telecommunication
Military
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Microsatellites manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Microsatellites in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Microsatellites Market Overview
1.1 Microsatellites Product Overview
1.2 Microsatellites Market Segment by Type
1.2.1 Below 500 kg
1.2.2 Below 100 kg
1.2.3 Below 50 kg
1.2.4 Below 1 kg
1.3 Global Microsatellites Market Size by Type
1.3.1 Global Microsatellites Market Size Overview by Type (2018-2029)
1.3.2 Global Microsatellites Historic Market Size Review by Type (2018-2023)
1.3.3 Global Microsatellites Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Microsatellites Sales Breakdown by Type (2018-2023)
1.4.2 Europe Microsatellites Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Microsatellites Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Microsatellites Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Microsatellites Sales Breakdown by Type (2018-2023)
2 Global Microsatellites Market Competition by Company
2.1 Global Top Players by Microsatellites Sales (2018-2023)
2.2 Global Top Players by Microsatellites Revenue (2018-2023)
2.3 Global Top Players by Microsatellites Price (2018-2023)
2.4 Global Top Manufacturers Microsatellites Manufacturing Base Distribution, Sales Area, Product Type
2.5 Microsatellites Market Competitive Situation and Trends
2.5.1 Microsatellites Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Microsatellites Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Microsatellites as of 2022)
2.7 Date of Key Manufacturers Enter into Microsatellites Market
2.8 Key Manufacturers Microsatellites Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Microsatellites Status and Outlook by Region
3.1 Global Microsatellites Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Microsatellites Historic Market Size by Region
3.2.1 Global Microsatellites Sales in Volume by Region (2018-2023)
3.2.2 Global Microsatellites Sales in Value by Region (2018-2023)
3.2.3 Global Microsatellites Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Microsatellites Forecasted Market Size by Region
3.3.1 Global Microsatellites Sales in Volume by Region (2024-2029)
3.3.2 Global Microsatellites Sales in Value by Region (2024-2029)
3.3.3 Global Microsatellites Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Microsatellites by Application
4.1 Microsatellites Market Segment by Application
4.1.1 Environment
4.1.2 Telecommunication
4.1.3 Military
4.1.4 Others
4.2 Global Microsatellites Market Size by Application
4.2.1 Global Microsatellites Market Size Overview by Application (2018-2029)
4.2.2 Global Microsatellites Historic Market Size Review by Application (2018-2023)
4.2.3 Global Microsatellites Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Microsatellites Sales Breakdown by Application (2018-2023)
4.3.2 Europe Microsatellites Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Microsatellites Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Microsatellites Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Microsatellites Sales Breakdown by Application (2018-2023)
5 North America Microsatellites by Country
5.1 North America Microsatellites Historic Market Size by Country
5.1.1 North America Microsatellites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Microsatellites Sales in Volume by Country (2018-2023)
5.1.3 North America Microsatellites Sales in Value by Country (2018-2023)
5.2 North America Microsatellites Forecasted Market Size by Country
5.2.1 North America Microsatellites Sales in Volume by Country (2024-2029)
5.2.2 North America Microsatellites Sales in Value by Country (2024-2029)
6 Europe Microsatellites by Country
6.1 Europe Microsatellites Historic Market Size by Country
6.1.1 Europe Microsatellites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Microsatellites Sales in Volume by Country (2018-2023)
6.1.3 Europe Microsatellites Sales in Value by Country (2018-2023)
6.2 Europe Microsatellites Forecasted Market Size by Country
6.2.1 Europe Microsatellites Sales in Volume by Country (2024-2029)
6.2.2 Europe Microsatellites Sales in Value by Country (2024-2029)
7 Asia-Pacific Microsatellites by Region
7.1 Asia-Pacific Microsatellites Historic Market Size by Region
7.1.1 Asia-Pacific Microsatellites Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Microsatellites Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Microsatellites Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Microsatellites Forecasted Market Size by Region
7.2.1 Asia-Pacific Microsatellites Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Microsatellites Sales in Value by Region (2024-2029)
8 Latin America Microsatellites by Country
8.1 Latin America Microsatellites Historic Market Size by Country
8.1.1 Latin America Microsatellites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Microsatellites Sales in Volume by Country (2018-2023)
8.1.3 Latin America Microsatellites Sales in Value by Country (2018-2023)
8.2 Latin America Microsatellites Forecasted Market Size by Country
8.2.1 Latin America Microsatellites Sales in Volume by Country (2024-2029)
8.2.2 Latin America Microsatellites Sales in Value by Country (2024-2029)
9 Middle East and Africa Microsatellites by Country
9.1 Middle East and Africa Microsatellites Historic Market Size by Country
9.1.1 Middle East and Africa Microsatellites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Microsatellites Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Microsatellites Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Microsatellites Forecasted Market Size by Country
9.2.1 Middle East and Africa Microsatellites Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Microsatellites Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lockheed Martin
10.1.1 Lockheed Martin Company Information
10.1.2 Lockheed Martin Introduction and Business Overview
10.1.3 Lockheed Martin Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lockheed Martin Microsatellites Products Offered
10.1.5 Lockheed Martin Recent Development
10.2 Ruag Space
10.2.1 Ruag Space Company Information
10.2.2 Ruag Space Introduction and Business Overview
10.2.3 Ruag Space Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Ruag Space Microsatellites Products Offered
10.2.5 Ruag Space Recent Development
10.3 Raytheon
10.3.1 Raytheon Company Information
10.3.2 Raytheon Introduction and Business Overview
10.3.3 Raytheon Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Raytheon Microsatellites Products Offered
10.3.5 Raytheon Recent Development
10.4 Clyde Space Inc
10.4.1 Clyde Space Inc Company Information
10.4.2 Clyde Space Inc Introduction and Business Overview
10.4.3 Clyde Space Inc Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Clyde Space Inc Microsatellites Products Offered
10.4.5 Clyde Space Inc Recent Development
10.5 Planet Labs Inc
10.5.1 Planet Labs Inc Company Information
10.5.2 Planet Labs Inc Introduction and Business Overview
10.5.3 Planet Labs Inc Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Planet Labs Inc Microsatellites Products Offered
10.5.5 Planet Labs Inc Recent Development
10.6 GomSpace
10.6.1 GomSpace Company Information
10.6.2 GomSpace Introduction and Business Overview
10.6.3 GomSpace Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GomSpace Microsatellites Products Offered
10.6.5 GomSpace Recent Development
10.7 ISIS
10.7.1 ISIS Company Information
10.7.2 ISIS Introduction and Business Overview
10.7.3 ISIS Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.7.4 ISIS Microsatellites Products Offered
10.7.5 ISIS Recent Development
10.8 Sierra Nevada Corporation
10.8.1 Sierra Nevada Corporation Company Information
10.8.2 Sierra Nevada Corporation Introduction and Business Overview
10.8.3 Sierra Nevada Corporation Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sierra Nevada Corporation Microsatellites Products Offered
10.8.5 Sierra Nevada Corporation Recent Development
10.9 Skybox Imaging Inc
10.9.1 Skybox Imaging Inc Company Information
10.9.2 Skybox Imaging Inc Introduction and Business Overview
10.9.3 Skybox Imaging Inc Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Skybox Imaging Inc Microsatellites Products Offered
10.9.5 Skybox Imaging Inc Recent Development
10.10 SpaceQuest Limited
10.10.1 SpaceQuest Limited Company Information
10.10.2 SpaceQuest Limited Introduction and Business Overview
10.10.3 SpaceQuest Limited Microsatellites Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SpaceQuest Limited Microsatellites Products Offered
10.10.5 SpaceQuest Limited Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Microsatellites Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Microsatellites Industrial Chain Analysis
11.4 Microsatellites Market Dynamics
11.4.1 Microsatellites Industry Trends
11.4.2 Microsatellites Market Drivers
11.4.3 Microsatellites Market Challenges
11.4.4 Microsatellites Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Microsatellites Distributors
12.3 Microsatellites Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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