The Nanosatellite and Microsatellite market was valued at 420 Million US$ in 2017 and is projected to reach 1820 Million US$ by 2025, at a CAGR of 20.3% during the forecast period.
City of Industry, CA -- (SBWIRE) -- 09/20/2018 -- This study focuses on the production side and consumption side of Nanosatellite and Microsatellite, presents the global Nanosatellite and Microsatellite market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Nanosatellite and Microsatellite capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Nanosatellite and Microsatellite by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
This report studies the Nanosatellite and Microsatellite market, the term "microsatellite" or "microsat" is usually applied to the name of an artificial satellite with a wet mass between 10 and 100 kg (22 and 220 lb). The term "nanosatellite" or "nanosat" is applied to an artificial satellite with a wet mass between 1 and 10 kg (2.2 and 22.0 lb).
In recent time, high growth in the communication, scientific research, earth observation and other industries is some of the major drivers of global Nanosatellite and Microsatellite industry.
In the past five years, global Nanosatellite and Microsatellite industry has experienced a period of rapid growth, in 2017, the production was about 168 Units, and in 2018, the production will be about 218 Units.
Global Nanosatellite and Microsatellite industry shows a high concentration degree due to the high technical barriers. In terms of geography, North America is the largest consumption region with a 51.54% global market share in 2017, followed by Europe with 30.79%.
The Nanosatellite and Microsatellite market was valued at 420 Million US$ in 2017 and is projected to reach 1820 Million US$ by 2025, at a CAGR of 20.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Nanosatellite and Microsatellite.
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This report includes the following manufacturers; we can also add the other companies as you want.
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Market Segment by Product Type
Nanosatellite
Microsatellite
Market Segment by Application
National Security
Science & Environment
Commerce
Others
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