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The Global Nanosatellite & Microsatellite market is expected to reach $5.10 billion by 2026 growing at a CAGR of 19.3% during 2019 to 2026. A satellite is a piece of equipment or object which is sent to space that moves around the planet to collect the information. Nanosatellites and microsatellites (NaM) are mostly used for earth observation, space research, and communication purposes. Besides these uses, the application of nanosatellites and microsatellites is also seen in defense and military sectors and for commercial purposes. These are essentially used for research requirements and for scientific objectives on a large scale. Some of the factors such as increasing demand for earth observation related applications and growing demand for Leo-based services are driving the growth of the market. However, limited access to space is restraining the market. Moreover, an increase in the number of application areas and increasing demand for satellite imagery from nongovernmental players are creating opportunities for the market growth. Based on application, earth observation and remote sensing segment are likely to have a huge demand during the forecast period due to several governments continue to invest in earth observation and meteorology projects. Moreover, increasing need for earth observation data in geo-information products and the increasingly central role of Big Data reinforces the development potential of commercial activities, propelling the growth of smallsats in earth observation applications. The key vendors mentioned are GomSpace, Innovative Solutions in Space (ISIS), Sierra Nevada Corporation (SNC), SpaceQuest Ltd. , Spire Global, Inc., Surrey Satellite Technology Limited (SSTL), The Boeing Company , Tyvak Inc, Dauria Aerospace, Lockheed Martin, L3Harris , Planet Labs, NanoAvionics, Raytheon and Sky and Space Global. Components Covered: • Hardware • Launch Services • Software and Data Processing • Space Services • Professional and Engineering Services Masses Covered: • 11 Kilogram – 100 Kilograms (Microsatellites) • 1 Kilogram – 10 Kilograms (Nanosatellites) Bands Covered: • Ka-band • K-band • X-band Applications Covered: • Academic Training • Biological Experiments • Communication • Earth Observation and Remote Sensing • Mapping and Navigation • Reconnaissance • Scientific Research • Technology Demonstration and Verification • Power • Climate • Commerce • Science and Environment End Users Covered: • Civil • Commercial • Defense & Security • Energy and Infrastructure • Government • Maritime and Transportation • Agency • Educational • Non-profit • Independent • Media and Entertainment Sector • Banking, Financial Services and Insurance (BFSI) • Healthcare Sector • Utilities • Public Sector • Manufacturing Sector • Retail Sector • IT & Telecom Sector Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Nanosatellite & Microsatellite Market, By Component
5.1 Introduction
5.2 Hardware
5.3 Launch Services
5.4 Software and Data Processing
5.5 Space Services
5.6 Professional and Engineering Services
6 Global Nanosatellite & Microsatellite Market, By Mass
6.1 Introduction
6.2 11 Kilogram – 100 Kilograms (Microsatellites)
6.3 1 Kilogram – 10 Kilograms (Nanosatellites)
7 Global Nanosatellite & Microsatellite Market, By Band
7.1 Introduction
7.2 Ka-band
7.3 K-band
7.4 X-band
8 Global Nanosatellite & Microsatellite Market, By Application
8.1 Introduction
8.2 Academic Training
8.3 Biological Experiments
8.4 Communication
8.5 Earth Observation and Remote Sensing
8.6 Mapping and Navigation
8.7 Reconnaissance
8.8 Scientific Research
8.9 Technology Demonstration and Verification
8.10 Power
8.11 Climate
8.12 Commerce
8.13 Science and Environment
9 Global Nanosatellite & Microsatellite Market, By End User
9.1 Introduction
9.2 Civil
9.3 Commercial
9.4 Defense & Security
9.5 Energy and Infrastructure
9.6 Government
9.7 Maritime and Transportation
9.8 Agency
9.9 Educational
9.10 Non-profit
9.11 Independent
9.12 Media and Entertainment Sector
9.13 Banking, Financial Services and Insurance (BFSI)
9.14 Healthcare Sector
9.15 Utilities
9.16 Public Sector
9.17 Manufacturing Sector
9.18 Retail Sector
9.19 IT & Telecom Sector
10 Global Nanosatellite & Microsatellite Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 GomSpace
12.2 Innovative Solutions in Space (ISIS)
12.3 Sierra Nevada Corporation (SNC).
12.4 SpaceQuest Ltd.
12.5 Spire Global, Inc.
12.6 Surrey Satellite Technology Limited (SSTL)
12.7 The Boeing Company
12.8 Tyvak Inc
12.9 Dauria Aerospace
12.10 Lockheed Martin
12.11 L3Harris
12.12 Planet Labs
12.13 NanoAvionics
12.14 Raytheon
12.15 Sky and Space Global
List of Data Tables
Table 1 Global Nanosatellite & Microsatellite Market Outlook, By Region (2018-2026) ($MN)
Table 2 Global Nanosatellite & Microsatellite Market Outlook, By Component (2018-2026) ($MN)
Table 3 Global Nanosatellite & Microsatellite Market Outlook, By Hardware (2018-2026) ($MN)
Table 4 Global Nanosatellite & Microsatellite Market Outlook, By Launch Services (2018-2026) ($MN)
Table 5 Global Nanosatellite & Microsatellite Market Outlook, By Software and Data Processing (2018-2026) ($MN)
Table 6 Global Nanosatellite & Microsatellite Market Outlook, By Space Services (2018-2026) ($MN)
Table 7 Global Nanosatellite & Microsatellite Market Outlook, By Professional and Engineering Services (2018-2026) ($MN)
Table 8 Global Nanosatellite & Microsatellite Market Outlook, By Mass (2018-2026) ($MN)
Table 9 Global Nanosatellite & Microsatellite Market Outlook, By 11 Kilogram – 100 Kilograms (Microsatellites) (2018-2026) ($MN)
Table 10 Global Nanosatellite & Microsatellite Market Outlook, By 1 Kilogram – 10 Kilograms (Nanosatellites) (2018-2026) ($MN)
Table 11 Global Nanosatellite & Microsatellite Market Outlook, By Band (2018-2026) ($MN)
Table 12 Global Nanosatellite & Microsatellite Market Outlook, By Ka-band (2018-2026) ($MN)
Table 13 Global Nanosatellite & Microsatellite Market Outlook, By K-band (2018-2026) ($MN)
Table 14 Global Nanosatellite & Microsatellite Market Outlook, By X-band (2018-2026) ($MN)
Table 15 Global Nanosatellite & Microsatellite Market Outlook, By Application (2018-2026) ($MN)
Table 16 Global Nanosatellite & Microsatellite Market Outlook, By Academic Training (2018-2026) ($MN)
Table 17 Global Nanosatellite & Microsatellite Market Outlook, By Biological Experiments (2018-2026) ($MN)
Table 18 Global Nanosatellite & Microsatellite Market Outlook, By Communication (2018-2026) ($MN)
Table 19 Global Nanosatellite & Microsatellite Market Outlook, By Earth Observation and Remote Sensing (2018-2026) ($MN)
Table 20 Global Nanosatellite & Microsatellite Market Outlook, By Mapping and Navigation (2018-2026) ($MN)
Table 21 Global Nanosatellite & Microsatellite Market Outlook, By Reconnaissance (2018-2026) ($MN)
Table 22 Global Nanosatellite & Microsatellite Market Outlook, By Scientific Research (2018-2026) ($MN)
Table 23 Global Nanosatellite & Microsatellite Market Outlook, By Technology Demonstration and Verification (2018-2026) ($MN)
Table 24 Global Nanosatellite & Microsatellite Market Outlook, By Power (2018-2026) ($MN)
Table 25 Global Nanosatellite & Microsatellite Market Outlook, By Climate (2018-2026) ($MN)
Table 26 Global Nanosatellite & Microsatellite Market Outlook, By Commerce (2018-2026) ($MN)
Table 27 Global Nanosatellite & Microsatellite Market Outlook, By Science and Environment (2018-2026) ($MN)
Table 28 Global Nanosatellite & Microsatellite Market Outlook, By End User (2018-2026) ($MN)
Table 29 Global Nanosatellite & Microsatellite Market Outlook, By Civil (2018-2026) ($MN)
Table 30 Global Nanosatellite & Microsatellite Market Outlook, By Commercial (2018-2026) ($MN)
Table 31 Global Nanosatellite & Microsatellite Market Outlook, By Defense & Security (2018-2026) ($MN)
Table 32 Global Nanosatellite & Microsatellite Market Outlook, By Energy and Infrastructure (2018-2026) ($MN)
Table 33 Global Nanosatellite & Microsatellite Market Outlook, By Government (2018-2026) ($MN)
Table 34 Global Nanosatellite & Microsatellite Market Outlook, By Maritime and Transportation (2018-2026) ($MN)
Table 35 Global Nanosatellite & Microsatellite Market Outlook, By Agency (2018-2026) ($MN)
Table 36 Global Nanosatellite & Microsatellite Market Outlook, By Educational (2018-2026) ($MN)
Table 37 Global Nanosatellite & Microsatellite Market Outlook, By Non-profit (2018-2026) ($MN)
Table 38 Global Nanosatellite & Microsatellite Market Outlook, By Independent (2018-2026) ($MN)
Table 39 Global Nanosatellite & Microsatellite Market Outlook, By Media and Entertainment Sector (2018-2026) ($MN)
Table 40 Global Nanosatellite & Microsatellite Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2018-2026) ($MN)
Table 41 Global Nanosatellite & Microsatellite Market Outlook, By Healthcare Sector (2018-2026) ($MN)
Table 42 Global Nanosatellite & Microsatellite Market Outlook, By Utilities (2018-2026) ($MN)
Table 43 Global Nanosatellite & Microsatellite Market Outlook, By Public Sector (2018-2026) ($MN)
Table 44 Global Nanosatellite & Microsatellite Market Outlook, By Manufacturing Sector (2018-2026) ($MN)
Table 45 Global Nanosatellite & Microsatellite Market Outlook, By Retail Sector (2018-2026) ($MN)
Table 46 Global Nanosatellite & Microsatellite Market Outlook, By IT & Telecom Sector (2018-2026) ($MN)
Table 47 North America Nanosatellite & Microsatellite Market Outlook, By Component (2018-2026) ($MN)
Table 48 North America Nanosatellite & Microsatellite Market Outlook, By Mass (2018-2026) ($MN)
Table 49 North America Nanosatellite & Microsatellite Market Outlook, By Band (2018-2026) ($MN)
Table 50 North America Nanosatellite & Microsatellite Market Outlook, By Application (2018-2026) ($MN)
Table 51 North America Nanosatellite & Microsatellite Market Outlook, By End User (2018-2026) ($MN)
Table 52 Europe Nanosatellite & Microsatellite Market Outlook, By Component (2018-2026) ($MN)
Table 53 Europe Nanosatellite & Microsatellite Market Outlook, By Mass (2018-2026) ($MN)
Table 54 Europe Nanosatellite & Microsatellite Market Outlook, By Band (2018-2026) ($MN)
Table 55 Europe Nanosatellite & Microsatellite Market Outlook, By Application (2018-2026) ($MN)
Table 56 Europe Nanosatellite & Microsatellite Market Outlook, By End User (2018-2026) ($MN)
Table 57 Asia Pacific Nanosatellite & Microsatellite Market Outlook, By Component (2018-2026) ($MN)
Table 58 Asia Pacific Nanosatellite & Microsatellite Market Outlook, By Mass (2018-2026) ($MN)
Table 59 Asia Pacific Nanosatellite & Microsatellite Market Outlook, By Band (2018-2026) ($MN)
Table 60 Asia Pacific Nanosatellite & Microsatellite Market Outlook, By Application (2018-2026) ($MN)
Table 61 Asia Pacific Nanosatellite & Microsatellite Market Outlook, By End User (2018-2026) ($MN)
Table 62 South America Nanosatellite & Microsatellite Market Outlook, By Component (2018-2026) ($MN)
Table 63 South America Nanosatellite & Microsatellite Market Outlook, By Mass (2018-2026) ($MN)
Table 64 South America Nanosatellite & Microsatellite Market Outlook, By Band (2018-2026) ($MN)
Table 65 South America Nanosatellite & Microsatellite Market Outlook, By Application (2018-2026) ($MN)
Table 66 South America Nanosatellite & Microsatellite Market Outlook, By End User (2018-2026) ($MN)
Table 67 Middle East & Africa Nanosatellite & Microsatellite Market Outlook, By Component (2018-2026) ($MN)
Table 68 Middle East & Africa Nanosatellite & Microsatellite Market Outlook, By Mass (2018-2026) ($MN)
Table 69 Middle East & Africa Nanosatellite & Microsatellite Market Outlook, By Band (2018-2026) ($MN)
Table 70 Middle East & Africa Nanosatellite & Microsatellite Market Outlook, By Application (2018-2026) ($MN)
Table 71 Middle East & Africa Nanosatellite & Microsatellite Market Outlook, By End User (2018-2026) ($MN)