Abstract
Summary
Small satellites are smaller versions of traditional satellites that are easier to design, develop, and launch. A small satellite is defined as any satellite that weighs less than 500 kg in terms of mass. Small satellite constellations provide a system in which the concepts of obsolescence and useful life are no longer a problem, in addition to redundancy and resilience. Artificial satellites come in a variety of sizes and prices, depending on their intended application. Due to the small dimensions of small satellites, constellations are refreshed on a regular basis, maintaining a consistent technologically advanced system as a consequence of continuous technical advancements. This continuous renewal guarantees that the constellation owner can always deliver the best technological service.
Small satellites have presented benefits to small space organizations that were previously only available to major corporations or space organizations with immense financial resources. They are now available to businesses of all sorts and sizes. Aside from their size and cost, the most significant benefit of a small satellite is the short development time necessary for each model. Small satellites have revolutionized space exploration by providing a cost-effective means of launching technological demonstrations, scientific study, earth exploration, and other missions into orbit.
The market segmentation is based on type, application and end-user. By type, the small satellite market has been segmented into minisatellite, microsatellite, nanosatellite, and others. By application, the small satellite market has been segmented into earth observation & remote sensing, satellite communication, science & exploration, mapping & navigation, space observation, and others. By end user, the small satellite market has been segmented into commercial, academic, government & military, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
• This study presents the analytical depiction of the global small satellite market analysis along with the current trends and future estimations to depict imminent investment pockets.
• The overall small satellite market opportunity is determined by understanding profitable trends to gain a stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the global small satellite market with detailed impact analysis.
• The current small satellite market is quantitatively analyzed from 2020 to 2030 to benchmark financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Type
o Minisatellite
o Microsatellite
o Nanosatellite
o Others
By Application
o Earth observation & remote sensing
o Satellite communication
o Science & exploration
o Mapping & navigation
o Space observation
o Others
By End Users
o Commercial
o Academic
o Government & Military
o Others
By Region
o North America
U.S.
Canada
Mexico
o Europe
Germany
UK
France
Russia
Italy
Spain
Rest of Europe
o Asia-Pacific
China
India
South Korea
Australia
Japan
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
o Airbus S.A.S.
o GomSpace
o L3Harris Technologies, Inc.
o Lockheed Martin Corporation
o Northrop Grumman Corporation
o Planet Labs Inc.
o Sierra Nevada Corporation
o Thales Group
o Aerospace Corporation
o The Boeing Company
Table of Contents
1 INTRODUCTION
1.1 Report description
1.2 Key benefits for stakeholders
1.3 Key market segments
1.4 Research methodology
1.4.1 Primary research
1.4.2 Secondary research
1.4.3 Analyst tools and models
2 EXECUTIVE SUMMARY
2.1 CXO perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies
3.3 Porter’s five forces analysis
3.4 Key player positioning, 2020
3.5 Market dynamics
3.5.1 Drivers
- 3.5.1.1 Increase in demand for compact satellites
- 3.5.1.2 Rising demand for high-resolution imaging services globally
- 3.5.1.3 Increasing demand for LEO-based services
3.5.2 Restraints
- 3.5.2.1 Limitations of small satellites regarding payload accommodation
- 3.5.2.2 Lack of dedicated small satellite launch vehicles
3.5.3 Opportunities
- 3.5.3.1 Increasing demand in the commercial sector for satellite services
- 3.5.3.2 Increase in demand for satellite data
3.6 COVID-19 impact analysis
3.6.1 Evolution of outbreak
3.6.2 Micro economic impact analysis
- 3.6.2.1 Consumer trends
- 3.6.2.2 Technology trends
- 3.6.2.3 Regulatory trends
3.6.3 Macro-economic impact analysis
- 3.6.3.1 GDP
- 3.6.3.2 Import/export analysis
- 3.6.3.3 Employment index
- 3.6.3.4 Macro-economic indicators projections
3.6.4 Impact on the small satellite industry
4 SMALL SATELLITE MARKET, BY TYPE
4.1 Overview
4.2 Minisatellite
4.2.1 Key market trends, growth factors, and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis, by country
4.3 Microsatellite
4.3.1 Key market trends, growth factors, and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis, by country
4.4 Nanosatellite
4.4.1 Key market trends, growth factors, and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis, by country
4.5 Others
4.5.1 Key market trends, growth factors, and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis, by country
5 SMALL SATELLITE MARKET, BY APPLICATION
5.1 Overview
5.2 Earth observation & remote sensing
5.2.1 Key market trends, growth factors, and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis, by country
5.3 Satellite communication
5.3.1 Key market trends, growth factors, and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis, by country
5.4 Science & exploration
5.4.1 Key market trends, growth factors, and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis, by country
5.5 Mapping & navigation
5.5.1 Key market trends, growth factors, and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis, by country
5.6 Space observation
5.6.1 Key market trends, growth factors, and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis, by country
5.7 Others
5.7.1 Key market trends, growth factors, and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market analysis, by country
6 SMALL SATELLITE MARKET, BY END USER
6.1 Overview
6.2 Commercial
6.2.1 Key market trends, growth factors, and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis, by country
6.3 Academic
6.3.1 Key market trends, growth factors, and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis, by country
6.4 Government & Military
6.4.1 Key market trends, growth factors, and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis, by country
6.5 Others
6.5.1 Key market trends, growth factors, and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis, by country
7 SMALL SATELLITE MARKET, BY REGION
7.1 Overview
7.2 North America
7.2.1 Key market trends, growth factors, and opportunities
7.2.2 Market size and forecast, by Type
7.2.3 Market size and forecast, by Application
7.2.4 Market size and forecast, by End user
7.2.5 Market size and forecast, by country
- 7.2.5.1 U.S
- 7.2.5.1.1 Market size and forecast, by Type
- 7.2.5.1.2 Market size and forecast, by Application
- 7.2.5.1.3 Market size and forecast, by End user
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Type
- 7.2.5.2.2 Market size and forecast, by Application
- 7.2.5.2.3 Market size and forecast, by End user
- 7.2.5.3 Mexico
- 7.2.5.3.1 Market size and forecast, by Type
- 7.2.5.3.2 Market size and forecast, by Application
- 7.2.5.3.3 Market size and forecast, by End user
- 7.2.5.1 U.S
7.3 Europe
7.3.1 Key market trends, growth factors, and opportunities
7.3.2 Market size and forecast, by Type
7.3.3 Market size and forecast, by Application
7.3.4 Market size and forecast, by End user
7.3.5 Market size and forecast, by country
- 7.3.5.1 Germany
- 7.3.5.1.1 Market size and forecast, by Type
- 7.3.5.1.2 Market size and forecast, by Application
- 7.3.5.1.3 Market size and forecast, by End user
- 7.3.5.2 UK
- 7.3.5.2.1 Market size and forecast, by Type
- 7.3.5.2.2 Market size and forecast, by Application
- 7.3.5.2.3 Market size and forecast, by End user
- 7.3.5.3 France
- 7.3.5.3.1 Market size and forecast, by Type
- 7.3.5.3.2 Market size and forecast, by Application
- 7.3.5.3.3 Market size and forecast, by End user
- 7.3.5.4 Russia
- 7.3.5.4.1 Market size and forecast, by Type
- 7.3.5.4.2 Market size and forecast, by Application
- 7.3.5.4.3 Market size and forecast, by End user
- 7.3.5.5 Italy
- 7.3.5.5.1 Market size and forecast, by Type
- 7.3.5.5.2 Market size and forecast, by Application
- 7.3.5.5.3 Market size and forecast, by End user
- 7.3.5.6 Spain
- 7.3.5.6.1 Market size and forecast, by Type
- 7.3.5.6.2 Market size and forecast, by Application
- 7.3.5.6.3 Market size and forecast, by End user
- 7.3.5.7 Rest of Europe
- 7.3.5.7.1 Market size and forecast, by Type
- 7.3.5.7.2 Market size and forecast, by Application
- 7.3.5.7.3 Market size and forecast, by End user
- 7.3.5.1 Germany
7.4 Asia-Pacific
7.4.1 Key market trends, growth factors, and opportunities
7.4.2 Market size and forecast, by Type
7.4.3 Market size and forecast, by Application
7.4.4 Market size and forecast, by End user
7.4.5 Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Market size and forecast, by Type
- 7.4.5.1.2 Market size and forecast, by Application
- 7.4.5.1.3 Market size and forecast, by End user
- 7.4.5.2 India
- 7.4.5.2.1 Market size and forecast, by Type
- 7.4.5.2.2 Market size and forecast, by Application
- 7.4.5.2.3 Market size and forecast, by End user
- 7.4.5.3 South Korea
- 7.4.5.3.1 Market size and forecast, by Type
- 7.4.5.3.2 Market size and forecast, by Application
- 7.4.5.3.3 Market size and forecast, by End user
- 7.4.5.4 Australia
- 7.4.5.4.1 Market size and forecast, by Type
- 7.4.5.4.2 Market size and forecast, by Application
- 7.4.5.4.3 Market size and forecast, by End user
- 7.4.5.5 Japan
- 7.4.5.5.1 Market size and forecast, by Type
- 7.4.5.5.2 Market size and forecast, by Application
- 7.4.5.5.3 Market size and forecast, by End user
- 7.4.5.6 Rest of Asia-Pacific
- 7.4.5.6.1 Market size and forecast, by Type
- 7.4.5.6.2 Market size and forecast, by Application
- 7.4.5.6.3 Market size and forecast, by End user
- 7.4.5.1 China
7.5 LAMEA
7.5.1 Key market trends, growth factors, and opportunities
7.5.2 Market size and forecast, by Type
7.5.3 Market size and forecast, by Application
7.5.4 Market size and forecast, by End user
7.5.5 Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Market size and forecast, by Type
- 7.5.5.1.2 Market size and forecast, by Application
- 7.5.5.1.3 Market size and forecast, by End user
- 7.5.5.2 Middle East
- 7.5.5.2.1 Market size and forecast, by Type
- 7.5.5.2.2 Market size and forecast, by Application
- 7.5.5.2.3 Market size and forecast, by End user
- 7.5.5.3 Africa
- 7.5.5.3.1 Market size and forecast, by Type
- 7.5.5.3.2 Market size and forecast, by Application
- 7.5.5.3.3 Market size and forecast, by End user
- 7.5.5.1 Latin America
8 COMPANY PROFILES
8.1 AIRBUS S.A.S
8.1.1 Company overview
8.1.2 Key executives
8.1.3 Company snapshot
8.1.4 Operating business segments
8.1.5 Product portfolio
8.1.6 R&D expenditure
8.1.7 Business performance
8.1.8 Key strategic moves and developments
8.2 GOMSPACE
8.2.1 Company overview
8.2.2 Key executives
8.2.3 Company snapshot
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 L3HARRIS TECHNOLOGIES, INC
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 R&D expenditure
8.3.6 Business performance
8.3.7 Key strategic moves and developments
8.4 LOCKHEED MARTIN CORPORATION
8.4.1 Company overview
8.4.2 Key executives
8.4.3 Company snapshot
8.4.4 Operating business segments
8.4.5 Product portfolio
8.4.6 Business performance
8.4.7 Key strategic moves and developments
8.5 NORTHROP GRUMMAN CORPORATION
8.5.1 Company overview
8.5.2 Key executives
8.5.3 Company snapshot
8.5.4 Operating business segments
8.5.5 Product portfolio
8.5.6 R&D expenditure
8.5.7 Business performance
8.5.8 Key strategic moves and developments
8.6 PLANET LABS INC
8.6.1 Company overview
8.6.2 Key executives
8.6.3 Company snapshot
8.6.4 Product portfolio
8.7 SIERRA NEVADA CORPORATION
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Product portfolio
8.7.4 Key strategic moves and developments
8.8 THALES GROUP
8.8.1 Company overview
8.8.2 Key executives
8.8.3 Company snapshot
8.8.4 Operating business segments
8.8.5 Product portfolio
8.8.6 R&D expenditure
8.8.7 Business performance
8.8.8 Key strategic moves and developments
8.9 THE AEROSPACE CORPORATION
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Product portfolio
8.9.4 Key strategic moves and developments
8.10 THE BOEING COMPANY
8.10.1 Company overview
8.10.2 Key executives
8.10.3 Company snapshot
8.10.4 Operating business segments
8.10.5 Product portfolio
8.10.6 R&D expenditure
8.10.7 Business performance
8.10.8 Key strategic moves and developments