Pune, India -- (SBWIRE) -- 03/02/2018 -- A research was conducted in an extensive period of time in the first quarter of the year in order to get information about the nature and growth of Small Satellite market. Data contained in this report is checked and cross-referenced in several other researches to validate them.

In order to ensure that data gathered are reliable, sources of information are ensured to be legitimate and valid. They include annual reports on Small Satellite market, government reports, global news, and business credit reports. They were also interviews held with past and current customers, sources from various people working within the market, and many more. Information gathered from them helps in identifying the inner workings of the global Small Satellite market.

Global Small Satellite market is expected to grow from $ 2.28 billion in 2016 to reach $ 7.66 billion by 2023 with a CAGR of +18%. Rising demand for high-resolution imaging services, favorable costs and modified scope of applications and new technological advancements are some of the factors driving the market. On the other hand, shortage of small satellite launch vehicles is one of the major restraints restricting the market. However, growing demand for small satellite in emerging countries is expected to witness huge growth rate during the forecast period.

Some of the most prominent Key Vendors:
SIERRA NEVADA CORPORATION, ST ENGINEERING LIMITED,SURREY SATELLITE TECHNOLOGY LTD., PLANET LABS INC., AIRBUS DEFENSE AND SPACE,NORTHROP GRUMMAN CORPORATION, SPACE EXPLORATION TECHNOLOGIES CORP. (SPACE X), BOEING

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According to SpaceWorks Forecast " which maintains an extensive database of existing and future satellites with masses ranging between 0 kg and 10,000+ kg " it has been planned by multiple companies to launch thousands of commercial small satellites over the next 15 years. Recent investments (in billions of dollars) in various ventures pertaining to small satellites confirm the continued interest of the commercial sector in the space industry. Small Satellite systems are likely to assume significant roles in the space industry. They have various applications especially in communications, security, meteorology, earth observation, research and exploration, navigation and surveillance. Earth observation and meteorology is likely to demonstrate a higher contribution in the global small satellite market.

As the global Small Satellite market is segmented based on various parameters, an in-depth classification of the market is also mentioned; elements impacting the market's growth are studied in detail to understand the report precisely. Moreover this, profiles of some of the leading players operating in the global Small Satellite market are included in the report. Using SWOT analysis, their weaknesses and strengths are analyzed. It helps the study deliver visions into the opportunities and threats that companies may face during the forecast period.

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Table Of Content:

Chapter 1 Small Satellite Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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