Nanosatellite And Microsatellite Market Size, Share & Trends Report

Nanosatellite And Microsatellite Market Size, Share & Trends Analysis Report By Mass, By Application (Communication & Navigation, Scientific Research), By End Use, By Region, And Segment Forecasts, 2022 - 2030

  • Report ID: GVR-2-68038-230-3
  • Number of Pages: 128
  • Format: Electronic (PDF)
  • Historical Range: 2017 - 2020
  • Industry: Technology

Market Segmentation

  • Nanosatellite and Microsatellite Mass Outlook (Revenue, USD Million, 2017 - 2030)
    • Nanosatellites
    • Microsatellites
  • Nanosatellite and Microsatellite Application Outlook (Revenue, USD Million, 2017 - 2030)
    • Communication & Navigation
    • Earth Observation/Remote Sensing
    • Scientific Research
    • Technology & Academic Training
  • Nanosatellite and Microsatellite End-Use Outlook (Revenue, USD Million, 2017 - 2030)
    • Government
    • Defense & Security
    • Commercial
    • Civil
  • Nanosatellite and Microsatellite Regional Outlook (Revenue, USD Million, 2017 - 2030)
    • North America
      • North America Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • North America Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • North America Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
      • U.S Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • U.S. Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • U.S. Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
      • Canada Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • Canada Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • Canada Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
    • Europe
      • Europe Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • Europe Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • Europe Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
      • Germany Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • Germany Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • Germany Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
      • U.K. Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • U.K. Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • U.K. Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
    • Asia Pacific
      • Asia Pacific Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • Asia Pacific Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • Asia Pacific Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
      • China Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • China Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • China Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
      • India Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • India Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • India Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
      • Japan Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • Japan Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • Japan Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil
    • Latin America
        • Latin America Nanosatellite and Microsatellite Market, By Mass
          • Nanosatellites
          • Microsatellites
        • Latin America Nanosatellite and Microsatellite Market, By Application
          • Communication & Navigation
          • Earth Observation/Remote Sensing
          • Scientific Research
          • Technology & Academic Training
        • Latin America Nanosatellite and Microsatellite Market, By End-Use
          • Government
          • Defense & Security
          • Commercial
          • Civil
        • Brazil Nanosatellite and Microsatellite Market, By Mass
          • Nanosatellites
          • Microsatellites
        • Brazil Nanosatellite and Microsatellite Market, By Application
          • Communication & Navigation
          • Earth Observation/Remote Sensing
          • Scientific Research
          • Technology & Academic Training
        • Brazil Nanosatellite and Microsatellite Market, By End-Use
          • Government
          • Defense & Security
          • Commercial
          • Civil
        • Mexico Nanosatellite and Microsatellite Market, By Mass
          • Nanosatellites
          • Microsatellites
        • Mexico Nanosatellite and Microsatellite Market, By Application
          • Communication & Navigation
          • Earth Observation/Remote Sensing
          • Scientific Research
          • Technology & Academic Training
        • Mexico Nanosatellite and Microsatellite Market, By End-Use
          • Government
          • Defense & Security
          • Commercial
          • Civil
    • MEA
      • MEA Nanosatellite and Microsatellite Market, By Mass
        • Nanosatellites
        • Microsatellites
      • MEA Nanosatellite and Microsatellite Market, By Application
        • Communication & Navigation
        • Earth Observation/Remote Sensing
        • Scientific Research
        • Technology & Academic Training
      • MEA Nanosatellite and Microsatellite Market, By End-Use
        • Government
        • Defense & Security
        • Commercial
        • Civil

Nanosatellite And Microsatellite Market Dynamics

Driver: Increase in the demand for miniaturized satellites in commercial and defense & military segments

Small satellites are crucial in enhancing operational support to military forces within the defense space architecture. The demand for nanosatellites and microsatellites in the military sector is driven by the need to extend the lifespan of military-use satellites. Additionally, these smaller satellites offer the opportunity for experimentation and training that is not feasible with larger satellites, leading to a growing inclination towards their adoption. These small satellites increase capacity and enhance security by disaggregating military satellite functions and communications among multiple satellites. The positive impact of small satellites on industry growth is expected to be felt in the military, defense, and commercial sectors. For example, the U.S. Army has partnered with Terran Orbital Systems to utilize nanosatellites for asset tracking and distributed sensor monitoring. Furthermore, small satellite navigational systems, such as automobile GPS, have greatly improved sector efficiency. Installing the Local Area Augmentation System (LAAS) in air navigation provides an all-weather aircraft landing system based on real-time application. The Federal Aviation Administration (FAA) has also deployed the Wide Area Augmented System (WASS), an air navigation system that augments the GPS system to enhance integrity, accuracy, and availability.

Driver: Lower manufacturing cost and time as compared to larger satellites

The launch of small satellites and CubeSats have reduced satellite mass, thanks to technological advancements. This has led to a decrease in the cost of deploying commercial satellites into orbit. The market has experienced growth due to the lower manufacturing cost and time associated with small satellites. Additionally, using smaller payloads in miniaturized satellites has opened up new possibilities for more affordable and faster access to space. As a result, there has been an expansion in the number of nano and pico satellite launches. Manufacturing small satellites was a solution to overcome traditional satellites' high design and manufacturing costs. Traditional satellites are expensive due to their complex design procedures, which involve highly specialized parts typically produced by a few companies. Furthermore, these satellites are often built to meet military and government specifications.

Restraint: Legal and regulatory issues related to satellite launch

Advancements in satellite technologies have paved the way for the emergence of small satellites. The satellite industry has witnessed a growing trend towards the construction and launch of satellites that are smaller in size, cost less to manufacture, and require less time. This progress has greatly benefited sectors such as the military, defense, education, universities, small businesses, and developing companies. However, the increase in the number of satellite launches has also posed risks to the safety of space missions and the sustainability of space activities. To address these concerns, the industry is subject to regulations and legal frameworks governing the launch of small satellites into orbit. The International Space Law (ISL) has issued guidelines that hold states responsible for their national activities in outer space. Non-governmental entities must obtain authorization and supervision from space agencies for their operations. Additionally, the licenses for these small satellites are granted by designated government agencies and can only be launched with their permission. For example, a 65 kg small satellite dedicated to detecting asteroids and satellites was launched into orbit without the necessary license from the Department of Foreign Affairs and International Trade, as it was not classified as a remote sensing satellite.

What Does This Report Include?

This section will provide insights into the contents included in this nanosatellite and microsatellite market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Nanosatellite and microsatellite market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Nanosatellite and microsatellite market quantitative analysis

  • Market size, estimates, and forecast from 2017 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

What questions do you have? Get quick response from our industry experts. Request a Free Consultation
pdf

GET A FREE SAMPLE

bck

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

cog

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

esomar icon

ESOMAR certified & member

ISO

ISO Certified

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.

great place to work icon