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Nanosatellite and Microsatellite-Global Market Insights and Sales Trends 2025
Synopsis
This report studies the Nanosatellite and Microsatellite market, the term "microsatellite" or "microsat" is usually applied to the name of an artificial satellite with a wet mass between 10 and 100 kg (22 and 220 lb). The term "nanosatellite" or "nanosat" is applied to an artificial satellite with a wet mass between 1 and 10 kg (2.2 and 22.0 lb).
The global Nanosatellite and Microsatellite market size is expected to reach US$ 2575.5 million by 2029, growing at a CAGR of 15.6% from 2023 to 2029. The market is mainly driven by the significant applications of Nanosatellite and Microsatellite in various end use industries. The expanding demands from the National Security, Science & Environment, Commerce and Others, are propelling Nanosatellite and Microsatellite market. Nanosatellite, 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 Microsatellite segment is estimated at % CAGR for the next seven-year period.
Lockheed Martin, Northrop Gruman, Raytheon, Dynetics are the top 4 players of Nanosatellite and Microsatellite, with about 65% market shares.
Global Nanosatellite and Microsatellite industry shows a high concentration degree due to the high technical barriers. In terms of geography, North America is the largest consumption region with a 51% global market share, followed by Europe with 30%.
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 Nanosatellite and Microsatellite, 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 Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite covered in this report include Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Surrey Satellite Technology, Axelspace, Sierra Nevada, Clyde Space and Planet Labs, etc.
The global Nanosatellite and Microsatellite 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
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Global Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite market, Segment by Type:
Nanosatellite
Microsatellite
Global Nanosatellite and Microsatellite market, by Application
National Security
Science & Environment
Commerce
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 Nanosatellite and Microsatellite manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Nanosatellite and Microsatellite 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.
This report studies the Nanosatellite and Microsatellite market, the term "microsatellite" or "microsat" is usually applied to the name of an artificial satellite with a wet mass between 10 and 100 kg (22 and 220 lb). The term "nanosatellite" or "nanosat" is applied to an artificial satellite with a wet mass between 1 and 10 kg (2.2 and 22.0 lb).
The global Nanosatellite and Microsatellite market size is expected to reach US$ 2575.5 million by 2029, growing at a CAGR of 15.6% from 2023 to 2029. The market is mainly driven by the significant applications of Nanosatellite and Microsatellite in various end use industries. The expanding demands from the National Security, Science & Environment, Commerce and Others, are propelling Nanosatellite and Microsatellite market. Nanosatellite, 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 Microsatellite segment is estimated at % CAGR for the next seven-year period.
Lockheed Martin, Northrop Gruman, Raytheon, Dynetics are the top 4 players of Nanosatellite and Microsatellite, with about 65% market shares.
Global Nanosatellite and Microsatellite industry shows a high concentration degree due to the high technical barriers. In terms of geography, North America is the largest consumption region with a 51% global market share, followed by Europe with 30%.
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 Nanosatellite and Microsatellite, 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 Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite covered in this report include Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Surrey Satellite Technology, Axelspace, Sierra Nevada, Clyde Space and Planet Labs, etc.
The global Nanosatellite and Microsatellite 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
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Global Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite market, Segment by Type:
Nanosatellite
Microsatellite
Global Nanosatellite and Microsatellite market, by Application
National Security
Science & Environment
Commerce
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 Nanosatellite and Microsatellite manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite Market Overview
1.1 Nanosatellite and Microsatellite Product Overview
1.2 Nanosatellite and Microsatellite Market Segment by Type
1.2.1 Nanosatellite
1.2.2 Microsatellite
1.3 Global Nanosatellite and Microsatellite Market Size by Type
1.3.1 Global Nanosatellite and Microsatellite Market Size Overview by Type (2018-2029)
1.3.2 Global Nanosatellite and Microsatellite Historic Market Size Review by Type (2018-2023)
1.3.3 Global Nanosatellite and Microsatellite Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Nanosatellite and Microsatellite Sales Breakdown by Type (2018-2023)
1.4.2 Europe Nanosatellite and Microsatellite Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Nanosatellite and Microsatellite Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Nanosatellite and Microsatellite Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Nanosatellite and Microsatellite Sales Breakdown by Type (2018-2023)
2 Global Nanosatellite and Microsatellite Market Competition by Company
2.1 Global Top Players by Nanosatellite and Microsatellite Sales (2018-2023)
2.2 Global Top Players by Nanosatellite and Microsatellite Revenue (2018-2023)
2.3 Global Top Players by Nanosatellite and Microsatellite Price (2018-2023)
2.4 Global Top Manufacturers Nanosatellite and Microsatellite Manufacturing Base Distribution, Sales Area, Product Type
2.5 Nanosatellite and Microsatellite Market Competitive Situation and Trends
2.5.1 Nanosatellite and Microsatellite Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite as of 2022)
2.7 Date of Key Manufacturers Enter into Nanosatellite and Microsatellite Market
2.8 Key Manufacturers Nanosatellite and Microsatellite Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Nanosatellite and Microsatellite Status and Outlook by Region
3.1 Global Nanosatellite and Microsatellite Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Nanosatellite and Microsatellite Historic Market Size by Region
3.2.1 Global Nanosatellite and Microsatellite Sales in Volume by Region (2018-2023)
3.2.2 Global Nanosatellite and Microsatellite Sales in Value by Region (2018-2023)
3.2.3 Global Nanosatellite and Microsatellite Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Nanosatellite and Microsatellite Forecasted Market Size by Region
3.3.1 Global Nanosatellite and Microsatellite Sales in Volume by Region (2024-2029)
3.3.2 Global Nanosatellite and Microsatellite Sales in Value by Region (2024-2029)
3.3.3 Global Nanosatellite and Microsatellite Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Nanosatellite and Microsatellite by Application
4.1 Nanosatellite and Microsatellite Market Segment by Application
4.1.1 National Security
4.1.2 Science & Environment
4.1.3 Commerce
4.1.4 Others
4.2 Global Nanosatellite and Microsatellite Market Size by Application
4.2.1 Global Nanosatellite and Microsatellite Market Size Overview by Application (2018-2029)
4.2.2 Global Nanosatellite and Microsatellite Historic Market Size Review by Application (2018-2023)
4.2.3 Global Nanosatellite and Microsatellite Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Nanosatellite and Microsatellite Sales Breakdown by Application (2018-2023)
4.3.2 Europe Nanosatellite and Microsatellite Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Nanosatellite and Microsatellite Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Nanosatellite and Microsatellite Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Nanosatellite and Microsatellite Sales Breakdown by Application (2018-2023)
5 North America Nanosatellite and Microsatellite by Country
5.1 North America Nanosatellite and Microsatellite Historic Market Size by Country
5.1.1 North America Nanosatellite and Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Nanosatellite and Microsatellite Sales in Volume by Country (2018-2023)
5.1.3 North America Nanosatellite and Microsatellite Sales in Value by Country (2018-2023)
5.2 North America Nanosatellite and Microsatellite Forecasted Market Size by Country
5.2.1 North America Nanosatellite and Microsatellite Sales in Volume by Country (2024-2029)
5.2.2 North America Nanosatellite and Microsatellite Sales in Value by Country (2024-2029)
6 Europe Nanosatellite and Microsatellite by Country
6.1 Europe Nanosatellite and Microsatellite Historic Market Size by Country
6.1.1 Europe Nanosatellite and Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Nanosatellite and Microsatellite Sales in Volume by Country (2018-2023)
6.1.3 Europe Nanosatellite and Microsatellite Sales in Value by Country (2018-2023)
6.2 Europe Nanosatellite and Microsatellite Forecasted Market Size by Country
6.2.1 Europe Nanosatellite and Microsatellite Sales in Volume by Country (2024-2029)
6.2.2 Europe Nanosatellite and Microsatellite Sales in Value by Country (2024-2029)
7 Asia-Pacific Nanosatellite and Microsatellite by Region
7.1 Asia-Pacific Nanosatellite and Microsatellite Historic Market Size by Region
7.1.1 Asia-Pacific Nanosatellite and Microsatellite Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Nanosatellite and Microsatellite Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Nanosatellite and Microsatellite Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Nanosatellite and Microsatellite Forecasted Market Size by Region
7.2.1 Asia-Pacific Nanosatellite and Microsatellite Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Nanosatellite and Microsatellite Sales in Value by Region (2024-2029)
8 Latin America Nanosatellite and Microsatellite by Country
8.1 Latin America Nanosatellite and Microsatellite Historic Market Size by Country
8.1.1 Latin America Nanosatellite and Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Nanosatellite and Microsatellite Sales in Volume by Country (2018-2023)
8.1.3 Latin America Nanosatellite and Microsatellite Sales in Value by Country (2018-2023)
8.2 Latin America Nanosatellite and Microsatellite Forecasted Market Size by Country
8.2.1 Latin America Nanosatellite and Microsatellite Sales in Volume by Country (2024-2029)
8.2.2 Latin America Nanosatellite and Microsatellite Sales in Value by Country (2024-2029)
9 Middle East and Africa Nanosatellite and Microsatellite by Country
9.1 Middle East and Africa Nanosatellite and Microsatellite Historic Market Size by Country
9.1.1 Middle East and Africa Nanosatellite and Microsatellite Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Nanosatellite and Microsatellite Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Nanosatellite and Microsatellite Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Nanosatellite and Microsatellite Forecasted Market Size by Country
9.2.1 Middle East and Africa Nanosatellite and Microsatellite Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lockheed Martin Nanosatellite and Microsatellite Products Offered
10.1.5 Lockheed Martin Recent Development
10.2 Northrop Gruman
10.2.1 Northrop Gruman Company Information
10.2.2 Northrop Gruman Introduction and Business Overview
10.2.3 Northrop Gruman Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Northrop Gruman Nanosatellite and Microsatellite Products Offered
10.2.5 Northrop Gruman Recent Development
10.3 Raytheon
10.3.1 Raytheon Company Information
10.3.2 Raytheon Introduction and Business Overview
10.3.3 Raytheon Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Raytheon Nanosatellite and Microsatellite Products Offered
10.3.5 Raytheon Recent Development
10.4 Dynetics
10.4.1 Dynetics Company Information
10.4.2 Dynetics Introduction and Business Overview
10.4.3 Dynetics Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dynetics Nanosatellite and Microsatellite Products Offered
10.4.5 Dynetics Recent Development
10.5 Surrey Satellite Technology
10.5.1 Surrey Satellite Technology Company Information
10.5.2 Surrey Satellite Technology Introduction and Business Overview
10.5.3 Surrey Satellite Technology Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Surrey Satellite Technology Nanosatellite and Microsatellite Products Offered
10.5.5 Surrey Satellite Technology Recent Development
10.6 Axelspace
10.6.1 Axelspace Company Information
10.6.2 Axelspace Introduction and Business Overview
10.6.3 Axelspace Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Axelspace Nanosatellite and Microsatellite Products Offered
10.6.5 Axelspace Recent Development
10.7 Sierra Nevada
10.7.1 Sierra Nevada Company Information
10.7.2 Sierra Nevada Introduction and Business Overview
10.7.3 Sierra Nevada Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sierra Nevada Nanosatellite and Microsatellite Products Offered
10.7.5 Sierra Nevada Recent Development
10.8 Clyde Space
10.8.1 Clyde Space Company Information
10.8.2 Clyde Space Introduction and Business Overview
10.8.3 Clyde Space Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Clyde Space Nanosatellite and Microsatellite Products Offered
10.8.5 Clyde Space Recent Development
10.9 Planet Labs
10.9.1 Planet Labs Company Information
10.9.2 Planet Labs Introduction and Business Overview
10.9.3 Planet Labs Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Planet Labs Nanosatellite and Microsatellite Products Offered
10.9.5 Planet Labs Recent Development
10.10 Dauria Aerospace
10.10.1 Dauria Aerospace Company Information
10.10.2 Dauria Aerospace Introduction and Business Overview
10.10.3 Dauria Aerospace Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Dauria Aerospace Nanosatellite and Microsatellite Products Offered
10.10.5 Dauria Aerospace Recent Development
10.11 CASC
10.11.1 CASC Company Information
10.11.2 CASC Introduction and Business Overview
10.11.3 CASC Nanosatellite and Microsatellite Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CASC Nanosatellite and Microsatellite Products Offered
10.11.5 CASC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Nanosatellite and Microsatellite 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 Nanosatellite and Microsatellite Industrial Chain Analysis
11.4 Nanosatellite and Microsatellite Market Dynamics
11.4.1 Nanosatellite and Microsatellite Industry Trends
11.4.2 Nanosatellite and Microsatellite Market Drivers
11.4.3 Nanosatellite and Microsatellite Market Challenges
11.4.4 Nanosatellite and Microsatellite Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Nanosatellite and Microsatellite Distributors
12.3 Nanosatellite and Microsatellite 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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