Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Apr 18, 2019 8:23 AM ET

Small Satellite Market Worth 4030 Million USD Industry by 2023 with 20.2% CAGR Worldwide

Small Satellite Market Worth 4030 Million USD Industry by 2023 with 20.2% CAGR Worldwide

iCrowd Newswire - Apr 18, 2019

Small Satellite Market Analysis Growth

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. Technical challenges in the construction of small satellites may include the lack of sufficient power storage or of room for a propulsion system.

Get a Free Sample Copy of this Report @

Scope of the Report:

This report focuses on the Small Satellite in the global market, especially in North America, Europe and Asia-Pacific, South America, Middle East, and Africa. This report categorizes the market based on manufacturers, regions, type, and application.

North America led the small satellite market in 2017, owing to an increase in demand for small satellites from NASA and the Department of Defense U.S., and private sectors, such as research organizations and telecommunication. However, the market in the European region is expected to grow at the highest CAGR during the forecast period due to their high demand to use in battlefield missions, earth observation, and scientific exploration activities performed by various government and private organization.

The worldwide market for Small Satellite is expected to grow at a CAGR of roughly 20.2% over the next five years, will reach 4030 million US$ in 2023, from 1340 million US$ in 2017, according to a new Planet Market Reports study.

Market Segment by Manufacturers, this report covers

Lockheed Martin
Northrop Gruman
Surrey Satellite Technology
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace

Market Segment by Regions, regional analysis covers

North America United States, Canada and Mexico 
Europe Germany, France, UK, Russia and Italy 
Asia-Pacific China, Japan, Korea, India and Southeast Asia 
South America Brazil, Argentina, Colombia etc. 
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa 

Market Segment by Type, covers


Market Segment by Applications can be divided into

National Security
Science & Environment

Get More Information about this Report and TOC @

There are 15 Chapters to deeply display the global Small Satellite market.

Chapter 1, to describe Small Satellite Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Small Satellite, with sales, revenue, and price of Small Satellite, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Small Satellite, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Small Satellite market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Small Satellite sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Customization of this Report can be done as per the client’s requirement.

Contact Information:

Name: Jennifer Daniel
US: +1-716-2260907
UK: +447441952057
Organization: Planet Market Reports

Keywords:    Small Satellite, Small Satellite Market, Small Satellite Market Report, Small Satellite Market Trends, Small Satellite Types, Small Satellite Applications, Small Satellite Cost, Small Satellite Brands, Small Satellite Market Forecast, Small Satellite Market Growth, Small Satellite Market share, Small Satellite Manufacturers, Small Satellite Design, Small Satellite Material, Small Satellite Machine, Small Satellite Companies, Small Satellite Suppliers, Small Satellite Industry, Small Satellite Market News, Small Satellite Market Research, Small Satellite Market Analysis, Small Satellite Market Size, Small Satellite Market Structure, Small Satellite Technology

Tags:    Wire, Research Newswire, Press Release, Venture Capital, Private Companies, North America, South America, United States, Latin America, United Kingdom, Europe, Africa, Asia, Middle East, English