Global Nanosatellite and Microsatellite market was 520 million US$ in 2018 and will reach 1660 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 17.9% Between 2019-2025 By Valuates Reports

Nanosatellite and Microsatellite market was valued at 520 Million US$ in 2018 and is projected to reach 1660 Million US$ by 2025, at a CAGR of 17.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Nanosatellite and Microsatellite.

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).

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Key Trends :

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%.

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The study objectives are:

To analyze and research the global Nanosatellite and Microsatellite status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Nanosatellite and Microsatellite manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Nanosatellite and Microsatellite Breakdown Data by Type

Nanosatellite
Microsatellite

Nanosatellite and Microsatellite Breakdown Data by Application

National Security
Science & Environment
Commerce
Others

FEATURED COMPANIES

LockHeed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC

Nanosatellite and Microsatellite Production by Region

United States
Europe
China
Japan
Other Regions


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