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Published Date: 2016-07-13Number of Pages: 117

Nanosatellite and Microsatellite Market (Solution type - Hardware, Software, Data Processing, Launch Services; Application - Navigation and Mapping, Scientific Research, Power, Communication, Reconnaissance; Industry Type - Defense, Educational, Energy and Infrastructure; Band - X-band, K-band, Ka-band; Mass - 1 Kg - 10 Kg (Nanosatellites), 11 Kg - 100 Kg (Microsatellites)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Nanosatellite and Microsatellite Market: Snapshot

The increasingly competitive nanosatellite and microsatellite market has been witnessing heavy investments in research and development from private as well as government organizations. The entry of several new players has also been observed in the recent past, which is indicative of the rising potential this market possesses. The projected launch of nanosatellites and microsatellites in the coming years is also expected to add to this potential.

The demand for nanosatellites and microsatellites stems from various industry sectors, including military and defense, education and scientific research, commercial, and navigation and mapping. Given the capital intensive nature of large satellites, nanosatellites and microsatellites are the perfect alternative and serve a number of needs in the aforementioned sectors. This growing demand is projected to spur the market to expand at a strong 12.1% CAGR from 2016 to 2024, with the opportunity expected to be worth US$2.2 bn by the end of the forecast period.

Demand Rising for Nanosatellites and Microsatellites for Communication Services

Nanosatellites and microsatellites find application in scientific research, communication, navigation and mapping, power, reconnaissance, and others including Earth observation, biological experiments, and remote sensing. In 2015, communications held the dominant share in the market. Defense organizations have been launching communication nanosatellites and microsatellites to provide communication signals to soldiers stationed in remote locations or in dense forests. A number of companies in the telecom sector are also taking various initiatives to launch constellations of nanosatellites and microsatellites to offer their users faster internet services and additional bandwidth. Applications such as remote sensing and Earth observation are likely to gain momentum in the coming years.

 

nanosatellite-microsatellite-market

 

North America Nanosatellite and Microsatellite Market Benefits from Increased Government Funding

The global market for nanosatellites and microsatellites has been geographically segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. In 2015, North America accounted for the largest share in the nanosatellite and microsatellite market, with the U.S. emerging as the leading contributor. This can be attributed to advanced technologies facilitating space research in the country and the presence of established space research agencies and universities. In addition, commercial investments and government funding toward space activities have boosted the development of nanosatellites and microsatellites in the region. The nanosatellite and microsatellite market in Canada is anticipated to expand at a fast pace in the coming years thanks to efforts from the Canada Space Agency.

Asia Pacific is one of the most lucrative markets for nanosatellites and microsatellites. Technologically advanced countries such as China and Japan have significantly contributed to the development of nanosatellites and microsatellites in the recent past. Moreover, the shifting focus toward R&D and the continuous development of network infrastructure in Philippines, India, Australia, and Indonesia are likely to give the APAC market a major boost in the coming years. The urgent need for more effective national security measures has also played a key role in influencing the development and launch of nanosatellites and microsatellites.

Latin America as well as the MEA region both present lucrative opportunities for players to capitalize on.

Table of Contents

1 Preface
    1.1 Research Scope
    1.2 Market Segmentation
    1.3 Research Methodology

2 Executive Summary
    2.1 Global Nanosatellite and Microsatellite Market Snapshot
    2.2 Global Nanosatellite and Microsatellite Market Revenue, 2014 – 2024 (US$ Mn) and Year-on-Year Growth (%) 

3 Global Nanosatellite and Microsatellite Market Analysis, 2014 – 2024 (US$ Mn) 
    3.1 Overview
    3.2 Key Trends Analysis
    3.3 Market Dynamics
         3.3.1 Drivers
         3.3.2 Restraints
         3.3.3 Opportunities
    3.4 Porter’s Five Forces Analysis: Nanosatellite and Microsatellite Market
    3.5 Global Projected Nanosatellite and Microsatellite Launches, 2014-2024 (US$ Mn) (Units)
    3.6 Global Nanosatellite and Microsatellite Market Analysis, By Solution, 2014 – 2024 (US$ Mn)
         3.6.1 Overview
         3.6.2 Hardware
         3.6.3 Software 
         3.6.4 Data Processing
         3.6.5 Launch Service
    3.7 Global Nanosatellite and Microsatellite Market Analysis, By Application, 2014 – 2024 (US$ Mn)
         3.7.1 Overview
         3.7.2 Navigation and Mapping
         3.7.3 Scientific Research
         3.7.4 Power
         3.7.5 Communication
         3.7.6 Reconnaissance
         3.7.7 Others (Biological Experiments, Earth Observation and Remote Sensing)
    3.8 Global Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014 – 2024 (US$ Mn)
         3.8.1 Overview
         3.8.2 Agency
         3.8.3 Defense 
         3.8.4 Educational
         3.8.5 Non-profit
         3.8.6 Energy and Infrastructure
         3.8.7 Others (Maritime and Transportation, Independent)
    3.9 Global Nanosatellite and Microsatellite Market Analysis, By Band, 2014 – 2024 (US$ Mn)
         3.9.1 Overview
         3.9.2 X-band 
         3.9.3 K-band
         3.9.4 Ka-band
         3.9.5 Others
    3.10 Global Nanosatellite and Microsatellite Market Analysis, By Mass, 2014 – 2024 (US$ Mn)
         3.10.1 1Kg-10Kg (Nanosatellites) 
         3.10.2 11Kg-100Kg (Microsatellites)
    3.11 Competitive Landscape
         3.11.1 Market Positioning of Key Players, 2015
         3.11.2 Competitive Strategies Adopted by Leading Players
         3.11.3 Recommendations

4 North America Nanosatellite and Microsatellite Market Analysis, 2014 – 2024 (US$ Mn) 
    4.1 Key Trends Analysis    
    4.2 North America Nanosatellite and Microsatellite Market Analysis, By Solution, 2014 – 2024 (US$ Mn)
         4.2.1 Hardware
         4.2.2 Software 
         4.2.3 Data Processing
         4.2.4 Launch Service
    4.3 North America Nanosatellite and Microsatellite Market Analysis, By Application, 2014 – 2024 (US$ Mn)
         4.3.1 Navigation and Mapping
         4.3.2 Scientific Research
         4.3.3 Power
         4.3.4 Communication
         4.3.5 Reconnaissance
         4.3.6 Others (Biological Experiments, Earth Observation and Remote Sensing)
    4.4 North America Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014 – 2024 (US$ Mn)
         4.4.1 Agency
         4.4.2 Defense 
         4.4.3 Educational
         4.4.4 Non-profit
         4.4.5 Energy and Infrastructure
         4.4.6 Others (Maritime and Transportation, Independent)
    4.5 North America Nanosatellite and Microsatellite Market Analysis, By Band, 2014 – 2024 (US$ Mn)
         4.5.1 X-band 
         4.5.2 K-band
         4.5.3 Ka-band
         4.5.4 Others
    4.6 North America Nanosatellite and Microsatellite Market Analysis, By Mass, 2014 – 2024 (US$ Mn)
         4.6.1 1Kg-10Kg (Nanosatellites) 
         4.6.2 11Kg-100Kg (Microsatellites)
    4.7 North America Nanosatellite and Microsatellite Market Analysis, By Country, 2014 – 2024 (US$ Mn)
         6.7.1 The U.S.
         6.7.2. Canada

5 Europe Nanosatellite and Microsatellite Market Analysis, 2014 – 2024 (US$ Mn) 
    5.1 Key Trends Analysis
    5.2 Europe Nanosatellite and Microsatellite Market Analysis, By Solution, 2014 – 2024 (US$ Mn)
         5.2.1 Hardware
         5.2.2 Software 
         5.2.3 Data Processing
         5.2.4 Launch Service
    5.3 Europe Nanosatellite and Microsatellite Market Analysis, By Application, 2014 – 2024 (US$ Mn)
         5.3.1 Navigation and Mapping
         5.3.2 Scientific Research
         5.3.3 Power
         5.3.4 Communication
         5.3.5 Reconnaissance
         5.3.6 Others (Biological Experiments, Earth Observation and Remote Sensing)
    5.4 Europe Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014 – 2024 (US$ Mn)
         5.4.1 Agency
         5.4.2 Defense 
         5.4.3 Educational
         5.4.4 Non-profit
         5.4.5 Energy and Infrastructure
         5.4.6 Others (Maritime and Transportation, Independent)
    5.5 Europe Nanosatellite and Microsatellite Market Analysis, By Band, 2014 – 2024 (US$ Mn)
         5.5.1 X-band 
         5.5.2 K-band
         5.5.3 Ka-band
         5.5.4 Others
    5.6 Europe Nanosatellite and Microsatellite Market Analysis, By Mass, 2014 – 2024 (US$ Mn)
         5.6.1 1Kg-10Kg (Nanosatellites) 
         5.6.2 11Kg-100Kg (Microsatellites)
    5.7 Europe Nanosatellite and Microsatellite Market Analysis, By Country, 2014 – 2024 (US$ Mn)
         5.7.1 The U.K.
         5.7.2. Germany
         5.7.3 France
         5.7.4 Spain
         5.7.5 Italy
         5.7.6 Rest of Europe

6 Asia Pacific Nanosatellite and Microsatellite Market Analysis, 2014 – 2024 (US$ Mn) 
    6.1 Key Trends Analysis
    6.2 Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Solution, 2014 – 2024 (US$ Mn)
         6.2.1 Hardware
         6.2.2 Software 
         6.2.3 Data Processing
         6.2.4 Launch Service
    6.3 Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Application, 2014 – 2024 (US$ Mn)
         6.3.1 Navigation and Mapping
         6.3.2 Scientific Research
         6.3.3 Power
         6.3.4 Communication
         6.3.5 Reconnaissance
         6.3.6 Others (Biological Experiments, Earth Observation and Remote Sensing)
    6.4 Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014 – 2024 (US$ Mn)
         6.4.1 Agency
         6.4.2 Defense 
         6.4.3 Educational
         6.4.4 Non-profit
         6.4.5 Energy and Infrastructure
         6.4.6 Others (Maritime and Transportation, Independent)
    6.5 Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Band, 2014 – 2024 (US$ Mn)
         6.5.1 X-band 
         6.5.2 K-band
         6.5.3 Ka-band
         6.5.4 Others
    6.6 Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Mass, 2014 – 2024 (US$ Mn)
         6.6.1 1Kg-10Kg (Nanosatellites) 
         6.6.2 11Kg-100Kg (Microsatellites)
    6.7 Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Country, 2014 – 2024 (US$ Mn)
         6.7.1 Japan
         6.7.2. China
         6.7.3 India
         6.7.4 Indonesia
         6.7.5 Rest of Asia Pacific

7 MEA Nanosatellite and Microsatellite Market Analysis, 2014 – 2024 (US$ Mn) 
    7.1 Key Trends Analysis
    7.2 MEA Nanosatellite and Microsatellite Market Analysis, By Solution, 2014 – 2024 (US$ Mn)
         7.2.1 Hardware
         7.2.2 Software 
         7.2.3 Data Processing
         7.2.4 Launch Service
    7.3 MEA Nanosatellite and Microsatellite Market Analysis, By Application, 2014 – 2024 (US$ Mn)
         7.3.1 Navigation and Mapping
         7.3.2 Scientific Research
         7.3.3 Power
         7.3.4 Communication
         7.3.5 Reconnaissance
         7.3.6 Others (Biological Experiments, Earth Observation and Remote Sensing)
    7.4 MEA Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014 – 2024 (US$ Mn)
         7.4.1 Agency
         7.4.2 Defense 
         7.4.3 Educational
         7.4.4 Non-profit
         7.4.5 Energy and Infrastructure
         7.4.6 Others (Maritime and Transportation, Independent)
    7.5 MEA Nanosatellite and Microsatellite Market Analysis, By Band, 2014 – 2024 (US$ Mn)
         7.5.1 X-band 
         7.5.2 K-band
         7.5.3 Ka-band
         7.5.4 Others
    7.6 MEA Nanosatellite and Microsatellite Market Analysis, By Mass, 2014 – 2024 (US$ Mn)
         7.6.1 1Kg-10Kg (Nanosatellites) 
         7.6.2 11Kg-100Kg (Microsatellites)
    7.7 MEA Nanosatellite and Microsatellite Market Analysis, By Country, 2014 – 2024 (US$ Mn)
         7.7.1 UAE
         7.7.2. Saudi Arabia
         7.7.3 South Africa
         7.7.4 Rest of MEA

8 Latin America Nanosatellite and Microsatellite Market Analysis, 2014 – 2024 (US$ Mn) 
    8.1 Key Trends Analysis
    8.2 Latin America Nanosatellite and Microsatellite Market Analysis, By Solution, 2014 – 2024 (US$ Mn)
         8.2.1 Hardware
         8.2.2 Software 
         8.2.3 Data Processing
         8.2.4 Launch Service
    8.3 Latin America Nanosatellite and Microsatellite Market Analysis, By Application, 2014 – 2024 (US$ Mn)
         8.3.1 Navigation and Mapping
         8.3.2 Scientific Research
         8.3.3 Power
         8.3.4 Communication
         8.3.5 Reconnaissance
         8.3.6 Others (Biological Experiments, Earth Observation and Remote Sensing)
    8.4 Latin America Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014 – 2024 (US$ Mn)
         8.4.1 Agency
         8.4.2 Defense 
         8.4.3 Educational
         8.4.4 Non-profit
         8.4.5 Energy and Infrastructure
         8.4.6 Others (Maritime and Transportation, Independent)
    8.5 Latin America Nanosatellite and Microsatellite Market Analysis, By Band, 2014 – 2024 (US$ Mn)
         8.5.1 X-band 
         8.5.2 K-band
         8.5.3 Ka-band
         8.5.4 Others
    8.6 Latin America Nanosatellite and Microsatellite Market Analysis, By Mass, 2014 – 2024 (US$ Mn)
         8.6.1 1Kg-10Kg (Nanosatellites) 
         8.6.2 11Kg-100Kg (Microsatellites)
    8.7 Latin America Nanosatellite and Microsatellite Market Analysis, By Country, 2014 – 2024 (US$ Mn)
         8.7.1 Brazil
         8.7.2. Rest of Latin America

9 Company Profiles
    9.1 Lockheed Martin Corporation  
    9.2 Clyde Space, Inc. 
    9.3 Ruag Group
    9.4 Raytheon 
    9.5 Planet Labs Inc. 
    9.6 Gomspace 
    9.7 Innovative Solution in Space (ISIS) Group
    9.8 Sierra Nevada Corporation
    9.9 Skybox Imaging, Inc. 
    9.10 Spacequest Ltd

List of Figures

Figure 1: Global Nanosatellite and Microsatellite Market Revenue, 2014 – 2024 (US$ Mn) and Year-on-Year Growth (%)
Figure 2: Global Nanosatellite and Microsatellite Launches, 2014-2020 (Units)
Figure 3: Global Nanosatellite and Microsatellite Market Share Analysis, By Solution, 2015 and 2024 (%)
Figure 4: Global Nanosatellite and Microsatellite Market Share Analysis, By Application, 2015 and 2024 (%)
Figure 5: Global Nanosatellite and Microsatellite Market Share Analysis, By Industry Type, 2015 and 2024 (%)
Figure 6: Global Nanosatellite and Microsatellite Market Share Analysis, By Band, 2015 and 2024 (%)
Figure 7: Global Nanosatellite and Microsatellite Market Share Analysis, By Mass, 2015 and 2024 (%)
Figure 8: North America Nanosatellite and Microsatellite Market Revenue, 2014–2024 (US$ Mn) and Y-o-Y Growth (%)
Figure 9: North America Nanosatellite and Microsatellite Market Share Analysis, By Solution, 2015 and 2024 (%)
Figure 10: North America Nanosatellite and Microsatellite Market Share Analysis, By Application, 2015 and 2024 (%)
Figure 11: North America Nanosatellite and Microsatellite Market Share Analysis, By Industry Type, 2015 and 2024 (%)
Figure 12: North America Nanosatellite and Microsatellite Market Share Analysis, By Band, 2015 and 2024 (%)
Figure 13: North America Nanosatellite and Microsatellite Market Share Analysis, By Mass, 2015 and 2024 (%)
Figure 14: North America Nanosatellite and Microsatellite Market Share Analysis, By Country, 2015 and 2024 (%)
Figure 15: Europe Nanosatellite and Microsatellite Market Revenue, 2014–2024 (US$ Mn) and Y-o-Y Growth (%)
Figure 16: Europe Nanosatellite and Microsatellite Market Share Analysis, By Solution, 2015 and 2024 (%)
Figure 17: Europe Nanosatellite and Microsatellite Market Share Analysis, By Application, 2015 and 2024 (%)
Figure 18: Europe Nanosatellite and Microsatellite Market Share Analysis, By Industry Type, 2015 and 2024 (%)
Figure 19: Europe Nanosatellite and Microsatellite Market Share Analysis, By Band, 2015 and 2024 (%)
Figure 20: Europe Nanosatellite and Microsatellite Market Share Analysis, By Mass, 2015 and 2024 (%)
Figure 21: Europe Nanosatellite and Microsatellite Market Share Analysis, By Country, 2015 and 2024 (%)
Figure 22: Asia Pacific Nanosatellite and Microsatellite Market Revenue, 2014–2024 (US$ Mn) and Y-o-Y Growth (%)
Figure 23: Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Solution, 2014–2024 (US$ Mn)
Figure 24: Asia Pacific Nanosatellite and Microsatellite Market Share Analysis, By Application, 2015 and 2024 (%)
Figure 25: Asia Pacific Nanosatellite and Microsatellite Market Share Analysis, By Industry Type, 2015 and 2024 (%)
Figure 26: Asia Pacific Nanosatellite and Microsatellite Market Share Analysis, By Band, 2015 and 2024 (%)
Figure 27: Asia Pacific Nanosatellite and Microsatellite Market Share Analysis, By Mass, 2015 and 2024 (%)
Figure 28: Asia Pacific Nanosatellite and Microsatellite Market Share Analysis, By Country, 2015 and 2024 (%)
Figure 29: MEA Nanosatellite and Microsatellite Market Revenue, 2014–2024 (US$ Mn) and Y-o-Y Growth (%)
Figure 30: MEA Nanosatellite and Microsatellite Market Share Analysis, By Solution, 2015 and 2024 (%)
Figure 31: MEA Nanosatellite and Microsatellite Market Share Analysis, By Application, 2015 and 2024 (%)
Figure 32: MEA Nanosatellite and Microsatellite Market Share Analysis, By Industry Type, 2015 and 2024 (%)
Figure 33: MEA Nanosatellite and Microsatellite Market Share Analysis, By Band, 2015 and 2024 (%)
Figure 34: MEA Nanosatellite and Microsatellite Market Share Analysis, By Mass, 2015 and 2024 (%)
Figure 35: MEA Nanosatellite and Microsatellite Market Share Analysis, By Country, 2015 and 2024 (%)
Figure 36: Latin America Nanosatellite and Microsatellite Market Revenue, 2014–2024 (US$ Mn) and Y-o-Y Growth (%)
Figure 37: Latin America Nanosatellite and Microsatellite Market Share Analysis, By Solution, 2015 and 2024 (%)
Figure 38: Latin America Nanosatellite and Microsatellite Market Share Analysis, By Application, 2015 and 2024 (%)
Figure 39: Latin America Nanosatellite and Microsatellite Market Share Analysis, By Industry Type, 2015 and 2024 (%)
Figure 40: Latin America Nanosatellite and Microsatellite Market Share Analysis, By Band, 2015 and 2024 (%)
Figure 41: Latin America Nanosatellite and Microsatellite Market Share Analysis, By Mass, 2015 and 2024 (%)
Figure 42: Latin America Nanosatellite and Microsatellite Market Share Analysis, By Country, 2015 and 2024 (%)

List of Tables

Table 1: Global Nanosatellite and Microsatellite Market Snapshot
Table 2: Global Nanosatellite and Microsatellite Market Analysis, By Solution, 2014–2024 (US$ Mn)
Table 3: Global Nanosatellite and Microsatellite Market Analysis, By Application, 2014–2024 (US$ Mn)
Table 4: Global Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014–2024 (US$ Mn)
Table 5: Global Nanosatellite and Microsatellite Market Analysis, By Band, 2014–2024 (US$ Mn)
Table 6: Global Nanosatellite and Microsatellite Market Analysis, By Mass, 2014–2024 (US$ Mn)
Table 7: Competitive Matrix
Table 8: Competitive Matrix
Table 9: North America Nanosatellite and Microsatellite Market Analysis, By Solution, 2014–2024 (US$ Mn)
Table 10: North America Nanosatellite and Microsatellite Market Analysis, By Application, 2014–2024 (US$ Mn)
Table 11: North America Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014–2024 (US$ Mn)
Table 12: North America Nanosatellite and Microsatellite Market Analysis, By Band, 2014–2024 (US$ Mn)
Table 13: North America Nanosatellite and Microsatellite Market Analysis, By Mass, 2014–2024 (US$ Mn)
Table 14: North America Nanosatellite and Microsatellite Market Analysis, By Country, 2014–2024 (US$ Mn)
Table 15: Europe Nanosatellite and Microsatellite Market Analysis, By Solution, 2014–2024 (US$ Mn)
Table 16: Europe Nanosatellite and Microsatellite Market Analysis, By Application, 2014–2024 (US$ Mn)
Table 17: Europe Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014–2024 (US$ Mn)
Table 18: Europe Nanosatellite and Microsatellite Market Analysis, By Band, 2014–2024 (US$ Mn)
Table 19: Europe Nanosatellite and Microsatellite Market Analysis, By Mass, 2014–2024 (US$ Mn)
Table 20: Europe Nanosatellite and Microsatellite Market Analysis, By Country, 2014–2024 (US$ Mn)
Table 22: Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Application, 2014–2024 (US$ Mn)
Table 23: Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014–2024 (US$ Mn)
Table 24: Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Band, 2014–2024 (US$ Mn)
Table 25: Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Mass, 2014–2024 (US$ Mn)
Table 26: Asia Pacific Nanosatellite and Microsatellite Market Analysis, By Country, 2014–2024 (US$ Mn)
Table 27: MEA Nanosatellite and Microsatellite Market Analysis, By Solution, 2014–2024 (US$ Mn)
Table 28: MEA Nanosatellite and Microsatellite Market Analysis, By Application, 2014–2024 (US$ Mn)
Table 29: MEA Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014–2024 (US$ Mn)
Table 30: MEA Nanosatellite and Microsatellite Market Analysis, By Band, 2014–2024 (US$ Mn)
Table 31: MEA Nanosatellite and Microsatellite Market Analysis, By Mass, 2014–2024 (US$ Mn)
Table 32: MEA Nanosatellite and Microsatellite Market Analysis, By Country, 2014–2024 (US$ Mn)
Table 33: Latin America Nanosatellite and Microsatellite Market Analysis, By Solution, 2014–2024 (US$ Mn)
Table 34: Latin America Nanosatellite and Microsatellite Market Analysis, By Application, 2014–2024 (US$ Mn)
Table 35: Latin America Nanosatellite and Microsatellite Market Analysis, By Industry Type, 2014–2024 (US$ Mn)
Table 36: Latin America Nanosatellite and Microsatellite Market Analysis, By Band, 2014–2024 (US$ Mn)
Table 37: Latin America Nanosatellite and Microsatellite Market Analysis, By Mass, 2014–2024 (US$ Mn)
Table 38: Latin America Nanosatellite and Microsatellite Market Analysis, By Country, 2014–2024 (US$ Mn)

The nanosatellite and microsatellite market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast and 2015 is the base year. The report covers all the major trends and technologies playing a key role in the nanosatellite and microsatellite market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said period in terms of revenue (in US$ Mn), across the geographies including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America region comprises of the U.S. and Canada, while the Europe region covers the U.K., Germany, France, Spain, Italy, and rest of Europe. Furthermore, the Asia Pacific region is divided into Japan, China, India, Indonesia, and rest of Asia Pacific. Latin America is further categorized into Brazil and rest of Latin America. 

The market overview section of the report outlines the drivers, restraints, and opportunities that influence the current nature and future standing of this market. An impact analysis of key trends has also been provided for every geographic region in the report in order to give a thorough analysis of the overall state of the nanosatellite and microsatellite market globally. Moreover, the report provides an overview of the various strategies of key players in the market.

The report segments the global nanosatellite and microsatellite market on the basis of solution into hardware, software, data processing, and launch services. Furthermore, on the basis of application the nanosatellite and microsatellite market is divided into navigation and mapping, scientific research, power, communication, reconnaissance, and others (Biological experiments, Earth observation, and remote sensing). Furthermore, depending on the industry the market is segmented as agency, defense, educational, non-profit, energy and infrastructure, and others (Maritime and transportation, Independent). The nanosatellite and microsatellites operates in different bands that includes X-band, K-band, Ka-band, and others. Depending on mass of the satellites the nanosatellite and microsatellite market is divided into 1 Kg – 10 Kg (Nanosatellite) and 11 Kg – 100 Kg (Microsatellite). The report emphasizes on covering the number of nanosatellites and microsatellites launched in 2015 and also projects the expected launches during the forecast period. Thus, the report provides in-depth cross-segment analysis of the nanosatellite and microsatellite market and classifies it at various levels, providing valuable insights at the macro and micro levels.

The report also highlights the competitive landscape of the nanosatellite and microsatellite market, positioning all the major players according to their geographic presence, products/solutions offered, focus on research and development, and key recent developments. The comprehensive nanosatellite and microsatellite market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the nanosatellite and microsatellite market’s growth.

The major companies profiled in nanosatellite and microsatellite market study include Lockheed Martin Corporation, Clyde Space, Inc., RUAG Group, Planet Labs, Inc., GomSpace, Innovative Solutions In Space (ISIS) Group, Sierra Nevada Corporation, Terra Bella (Formerly Skybox Imaging, Inc.), and SpaceQuest Ltd. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

The nanosatellite and microsatellite market is segmented as below:

Nanosatellite and Microsatellite Market

By Solution

  • Hardware
  • Software
  • Data Processing
  • Launch Services

By Application

  • Navigation and Mapping
  • Scientific Research
  • Power
  • Communication
  • Reconnaissance
  • Others (Biological Experiments, Earth Observation and Remote Sensing)

By Industry Type

  • Agency
  • Defense
  • Educational
  • Non-profit
  • Energy and Infrastructure
  • Others (Maritime and Transportation, Independent)

By Band

  • X-band
  • K-band
  • Ka-band
  • Others

By Mass

  • 1 Kg – 10 Kg (Nanosatellites)
  • 11 Kg – 100 Kg (Microsatellites)

By Geography

  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Indonesia
    • Rest of APAC
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America


 
 
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