Small Satellite Market 2023 Overview by Key Vendors, Product Offerings, Growth Prospects and Top Manufacturers - Harris Corporation, Airbus Defense and Space, Boeing Geooptics, Inc, Martin Corporation, Millennium Space Systems

Small Satellite market is expected to grow from $ 2.28 billion in 2016 to reach $ 7.66 billion by 2023 with a CAGR of 18.8%. Rising demand for high-resolution imaging services, favourable 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.

The Key players in the market include-
Harris Corporation
Airbus Defense and Space
Boeing
Geooptics Inc.
Martin Corporation
Millennium Space Systems Inc.
Northrop Grumman Corporation
OHB AG
Oneweb Ltd.

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Based on the application segment, earth observation & meteorology leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period. The growth of this segment is attributed to usage of small satellites to test the capabilities of various technologies which are used in space.

By end-user, commercial sector has acquired the largest market share. The growth of this segment is contributed to the increasing demand for high-resolution imaging services which is accompanied by high-speed communication services. North America accounted for largest market share followed by Asia pacific.

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Table of Content:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
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 Small Satellite Market, By End User
5.1 Introduction
5.2 Commercial
5.3 Government
5.4 Civil
5.5 Defense
6 Global Small Satellite Market, By Application
6.1 Introduction
6.2 Technology Demonstration
6.3 Earth Observation & Meteorology
6.4 Mapping & Navigation
6.5 Communication
6.6 Surveillance & Security
6.7 Scientific Research & Exploration
7 Global Small Satellite Market, By Type
7.1 Introduction
7.2 Minisatellite
7.3 Nanosatellite
7.4 Microsatellite

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