Small Satellite Market: Key Players: Orbital ATK, Inc., Ball Corporation, Airbus S.A.S., Boeing, Lockheed Martin Corporation, Israel Aerospace Industries Ltd. Among Others
The US$ 2.31 Bn small satellites market is slated to reach beyond US$ 8.9 Bn in revenues by the end of 2028. Attributed to surging government funding, increasing support from private entities, soaring satellite adoption for R&D purposes, and increasing demand for low-earth orbit services, Future Market Insights expects the global market for small satellites to observe robust growth at an estimated CAGR of 13.5% over a 10-year period 2018-2028.
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